Probably the most important story for most foreigners out here is the coming stagnation of the EFL industry, see the WSJ article below for more details.

Thanks to Sinocism for several links:

• Will Online Privacy Be Better When Microsoft Takes Over Skype’s China Business? from China Tech News (many doubts)
• Man attacks 2 foreign students with hammer from China Daily (i worked in bengbu for 2 years… didnt see many hammer attacks)
• Mainland-Taiwan submarine cable to start operations from China Daily
• Kurt Eichenwald’s Espionage Fantasy: Edward Snowden Has Become a Chinese Spy from The Dissenter (i wonder how many BTC that the NSA gave Eichenwald to make these claims?)
• Sina Weibo To Launch Weibo Finance Platform from China Internet Watch
• A Chinese Soccer Club Has Won Something! from The Wall Street Journal (hope its a new day in mainland soccer, have my doubts though)
• Big Money Behind Chinese Soccer Strategy from The Wall Street Journal (what are the subsidies and who do they go to?)
• China’s top-secret nuclear base to be revived as £30m Communist Party theme park from The Telegraph
• A Chinese City Seeks to Turn Migrants Into Urbanites from The Wall Street Journal (will probably be a colossal money pit)
• Alibaba Builds a ‘Black Friday’ for China from The Wall Street Journal (biggest e-commerce day of the year, lots of good deals)
• Frustrated Chinese bloggers greet Twitters successful IPO satire from South China Morning Post (how can something that does not exist have an IPO)
• China Wants to Rock, but Regulations Hinder from The Wall Street Journal (don’t hold your breath on censorship reforms, ever)
• Taobao.com Gains License To Sell Investment Funds And Financial Services Online from China Tech News (what kind of variety will savers be able to diversify into now?)
• Internet Finance: A Brave New World from Caijing
• Chinese Broaden Real-Estate Horizons Beyond the Likes of New York, London from The Wall Street Journal (much cheaper to buy abroad than it is to buy locally)
• Eight Questions: Leo Goodstadt, ‘Poverty in the Midst of Affluence’ from The Wall Street Journal (sounds a bit “collectivistic” — why is it okay to spend other peoples money?  why incentivize poverty by giving away other peoples money?)
• English May Be Losing Its Luster in China from The Wall Street Journal (really important article)
• A Glimpse Into China’s Bank-Loan Shuffle from The Wall Street Journal
• China eyes adopting international law to spark life into trade zones from Reuteres (a dash of the Charter Cities concept from Paul Romer?)
• China Buys Its Way Into Silicon Valley from The Wall Street Journal (smart move)
• Battling Pollution, Beijing to Cut New Car Quota By 90,000 from The Wall Street Journal (many problems, mostly related to Tragedy of the Commons and lack of property rights)
• Wanda buys Picasso painting for $28 million from China Daily
• China and Hollywood by the Numbers from China File (good numbers, seem accurate)
• Who needs Uber? This Chinese startup lets you connect with a designated driver from Tech In Asia (until it is shut down by special interest groups such as unions)
• ‘Most dangerous woman in China’ under fire after criticising corrupt journalists from South China Morning Post (the NSA is probably the only group who knows what really happened to Chen)
• China Development Bank to launch ABS backed by railway loans – sources from Reuters (will only work because of the implicit guarantee from the government)
• Brown Brothers Harriman, ICBC Asia Sign China Funds Deal from The Wall Street Journal (ICBC still largest bank globally)
• Relocated farmers face uphill battle from China Daily (doubt land confiscation will ever be truly rectified)