Slow news week, pretty bearish too. There are a few bright spots. Thanks to Larry M for sending in a couple of the stories:
- Kingsoft Establishes New Chinese Network Cloud Security Subsidiary from China Tech News
- How AXA Became a Player in China from The Wall Street Journal (spoke with a sales manager at AIA, see big growth opportunities due to lack of market penetration <5%)
- How China Fell in Love with Fruit Ninja from Tech Rice (see it everywhere on the subway and at restaurants)
- China’s Lenovo Will Launch Smartphone In Africa This Year from China Tech News
- The UK’s fastest growing tourist group endures the slowest visa process from Quartz (oops, someone doesn’t want free money)
- Alipay.com, 58.com Team For Used Goods Trading from China Tech News
- Censors shut down Weibo accounts to crack down on rumors from Shanghaiist (good luck convincing lawoai to use your product in their countries)
- Watch: Vice takes a stroll through Shanghai’s Thames Town from Shanghaiist (mentioned this in Chapter 17, still haven’t visited it yet though)
- Cloud computing modernizes education in China from ZDnet
- Oversight of foreign experts to improve from China Daily (doubt it will do much in short-term, so many scrubs able to forge necessary documents)
- Alibaba Shows Net Profit of US$ 642 Mln in Q4 from Caixin
- Alibaba’s Extravaganza from The Wall Street Journal
- China ready to free capital flows? from Xinhua (i’ll believe it when i see it)
- China’s debt: a crisis in the making? from CNN|Money
- Zhang Yimou Investigation Sparks One-Child Debate from The Wall Street Journal (reform has been discussed since before i came to asia, doubt it’ll happen anytime soon, if ever)
- Cultural Revolution Redux? Economist Under Attack from The Wall Street Journal (mao yushi, one of the most interesting, open-minded economists on the mainland)