Here are some links over the weekend and for Monday:
"Paulson Urges IMF to Control 'Unsustainable' Spending"
-- Paulson tells IMF to cut spending and monitor China's unfair trade advantage, if any, especially the value of the yuan. A year ago, the international community agreed to give China a greater share of votes at IMF.
"China's surplus of sons: A geopolitical time bomb"
-- Son preference + One child policy = Banditry + Riots + Militarization. With a high ratio of 120 boys to every 100 girls, sexual trafficking and international security will be a problem in a male-dominated future China.
"New runway of Beijing airport to become operational this month"
-- A new runway in Beijing will provide support to China's busiest airport, the first airport in Asia to have 3 runways. This runway is designed specifically for the all-new Airbus A380. Currently, the airport has 2 terminals and can support 60 million passengers each year; will add one more terminal next Feb.
"China's "Iron Lady" Wu Yi headed for retirement"
-- Responsible for some serious trade talks with the US and clearing up the product quality scandals, Wu Yi was left out of left out of the newly elected Communist Party Central Committee, meaning she will retire some time soon.
"Chan Tells Aspiring Actors to Be Natural"
-- Jackie Chan tells actors-wannabe not to bow to him, hand over fist, and recite old-fashioned kung fu speech. Chan says, in his new kung fu version of American Idol, that a good actor must learn to adapt and use modern speech for modern times.
"Site Linking Global Buyers, China Factories, Plans IPO"
-- A vivid description of Alibaba's corporate history as the firm plans to officially announce its IPO to retail investors today (Monday) in Hong Kong. The article also lists some of the problems that plague Alibaba today. Investors beware.
"China soon 2nd largest consumer market"
-- By 2015, China will become the world's 2nd largest consumer market. ost plan to spend more in the future to fulfill family dreams. Generally, consumers are willing to buy more expensive products with more money, as cheaper products pose greater health threat.
"Another unique Chinese IPO opens in the US"
-- An insurer-cum-brokerage, who distributes insurance packages from the largest insurers in China and has and annual growth rate of 150%, plans to get publicly listed in the US. Similar issues have exploded in prices during the first few days of trading, hence this IPO is expected to receive huge popularity.
"Hong Kong-listed PetroChina Shanghai IPO retail subscription set for Oct 26"
-- Company is expected to enlarge share capital by 2.18%, or 4 billion A Shares. 1.2 billion will be sold to institutional investors. Roadshow begins today in Beijing, Shanghai, Shenzhen and Guangzhou.
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