- Sovereign funds ignore climate risk — FT.com "The world’s largest government-backed investment funds have been accused of ignoring the risks climate change poses to their portfolios despite warnings it could hurt returns and make high-carbon investments worthless. Research from the Asset Owners Disclosure Project, a non-profit organisation, has found no evidence that the sovereign wealth funds in Abu Dhabi, Kuwait, China, Saudi Arabia and Hong Kong have taken any action to factor climate change risks into their investment decisions."
- China becomes global leader in development finance — FT.com: "China’s development lending eclipses loans from all six western-backed multilateral institutions"
- China Construction Bank wins approval to operate in Chile | Reuters
- The conflicting currents of Beijing’s five-year plan — FT.com
- Chinese soap opera sends obscure chemical stock soaring — FT.com
- China province falls into negative growth — FT.com: "Regional discrepancies were “very extreme” last year as service sectors performed well while heavy industry-dependent regions were “effectively in recession”, said Andrew Batson, economist at Gavekal Dragonomics in Beijing."
- China vows to boost private investment, house leasing | South China Morning Post
- The 15-year hitch | The Economist: "When China joined the WTO all those years ago, it appeared bound on a course of market-oriented reform. So the present debate was not foreseen. Yet later, in 2008, a European Commission assessment deemed China to have failed to meet four out of five criteria that the EU sets for winning market status. Since then, despite the Communist Party’s decision in 2013 to let market forces play a “decisive” role, and despite the continued growth of the private sector in China, there has been no fundamental transformation of its economic structure. In 2014 a body set up by America’s Congress to monitor the security implications of economic relations with China noted that many witnesses had told it that “China is not currently a market economy and is not on the path to become one in the near future.”"
- Defying debt fears, China bets on infrastructure, property | Reuters: "China will invest $11.9 billion in aviation infrastructure this year alone. It has also approved a 27.4 billion yuan high-speed rail project linking Beijing's new airport with neighboring Hebei province. In real estate, China's March home prices rose at the fastest clip in almost two years on the back of a boom in top-tier cities amid easy bank credit"
- China gets tougher on environmental violations — FT.com
- China Eats So Much Pork These Feed Producers Became Billionaires - Bloomberg
- Live-Streaming Apps Flourish in China - China Real Time Report - WSJ
- A tale of two companies: Matching up Alibaba vs. Amazon
- China's first home-grown maglev in operation- China.org.cn
- China Builds Coal Plants it Doesn’t Need - The American Interest
China and the rest of the world
- Bears in charge as MSCI’s decision on China shares looms — FT.com: It was a year ago that index provider MSCI considered whether to include Chinese domestic-listed A shares in its emerging market indices. The Chinese market was charging ahead, with the Shanghai Composite Index peaking on June 12, two days after MSCI opted not to include the shares. Officials in Beijing sat on the sidelines encouraging the rise, much of it based on borrowed money, while the local media took the euphoria as further confirmation of the ascent of China itself. ... Now as the Shanghai market sits 15 per cent lower for 2016, the question over whether the MSCI will include A shares has returned, with a decision expected on June 14."
- China’s investments in South Asia climbs to $12.29 bn | The Financial Express
- US governor pushes China-style gift ban — FT.com
- US and China skirmish as trade clash looms — FT.com
- Half of Americans still see China’s rise as threat, survey suggests | South China Morning Post
- Germany Courts China | Foreign Affairs
- China's Middle-Class Anxieties - The New York Times
- China Quietly Targets U.S. Tech Companies in Security Reviews - The New York Times
- Apple CEO Tim Cook arrives in Beijing with $1 billion in goodwill - May. 13, 2016
- China rust belt investment set to challenge US voting habits — FT.com
- Chinese state entities argue they have 'sovereign immunity' in U.S. courts | Reuters
- Pentagon Report Aims to Lay Out Chinese Military Goals - China Real Time Report - WSJ
- Chinese pour $110bn into US real estate, says study | Business | The Guardian
- Managing The South China Sea: Where Policy Meets Science | The Diplomat
- DATA: New Neighbors: Chinese Investment in the United States by Congressional District | National Committee on United States - China Relations
Society & Public Health
- Thousands of Chinese parents take to the streets to protest university admission quotas | South China Morning Post
- Commentary: China will never allow the repetition of Cultural Revolution - People's Daily Online
- Society firmly rejects Cultural Revolution - People's Daily Online
- China’s Pediatricians Left Holding the Baby | Sixth Tone
- Controversial concert spoils China’s plans to bury Cultural Revolution anniversary - The Washington Post
- Andrew Batson's Blog: What Xi Jinping really said about Deng Xiaoping and Mao Zedong
- Reinventing China's abortion police - BBC News
- Crackdown in China: Worse and Worse by Orville Schell | The New York Review of Books: "His authoritarian style of leadership at home and belligerent posture abroad are ominous because they make China’s chances of being successful in reforming its own economy—on which the entire world now depends—increasingly unlikely"
- China to pilot new family law procedure- China.org.cn
- Maoists still a force 50 years after the Cultural Revolution
- In the heat of the sun | The Economist
- China indicts former president's top aide
"Honestly, we won't run away!" -- new slogan of Chinese P2P lender Dianrong. Doesn't exactly inspire confidence. pic.twitter.com/b5TemFV3pA— Simon Rabinovitch (@S_Rabinovitch) May 19, 2016
Yu Yongding: China’s Incomplete Growth Strategy: "In the short term, when overcapacity and deflation are the main obstacles, infrastructure investment boosts growth through the economy’s demand side. In the long run, it operates through the supply side to boost productivity and thus raise growth potential. China can fund such investment with fiscal deficits, given strong demand for government bonds. And, with China’s major banks still state-owned, and capital controls still in place, the risk of an imminent financial crisis is very low."