That’s a lot of cars sold last month and those Android numbers are huge (though misleading too).  The air pollution has been pretty horribad this past week, had to stay indoors nearly everyday.

Thanks to James M for some links.

• In Search of the Real China from Foreign Affairs
• China: What is the situation regarding Bitcoin from the perspective of someone in China? by Joseph Wang (based on my conversations here his answers sound about right)
• Report: China has 270m Android users – that’s nearly 30% of global Android activations to date from The Next Web (but google doesnt see much profits from it due to being cut out of the loop, most phones do not have google services)
• Behind China’s Cyber Curtain from The New Republic (Aba County)
• Is Bloomberg Going After The Wife Of A Former China Reporter? from BuzzFeed (will be nearly impossible to tell if future stories are nerfed/censored)
• Lang Lang: Tiger Moms Need to Relax from The Wall Street Journal (statistically improbable due to how grading system works)
• China November auto sales up 16 percent from Associated Press (2 million vehicles sold last month)
• China Eyes Smoking Ban from The Wall Street Journal
• China to judge local governments by their debt: Xinhua from Reuters (will be a good time to be a spin doctor and/or someone who can make debt disappear)
• Is Beijing about to Boot the New York Times? from Foreign Policy (maybe not directly boot, just indirectly not renew any visas to management there)
• Will China Shut Out the Foreign Press? from ChinaFile
• China’s Rust Belt Cities Hit With New Air Pollution Fines from The Wall Street Journal (shanghai air has been so bad the past week, yet none of it is generated in the metro.  all from other provinces.  tragedy of the commons)
• China: Five Pounds of Facts from The New York Review of Books (very comprehensive)
• Inside China’s troubled far west from Aljazeera
• English teachers to study abroad from The Japan Times (locals going abroad, wonder how to measure the ROI)

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No big business news again this past week, but several interesting stories and anecdotes.  Thanks to James M, Suzanne F and Sinocism for a couple links.

• Urbanites flee China’s smog for blue skies from The New York Times (pm2.5 measurements have been 300+ off and on in Beijing for the past month)
• China has a plan to stem the rise of antibiotic resistance, and it’s working from Quartz (way too early to say this based off one or two data points)
• Interview with Evan Osnos: The Pursuit of Fortune, Truth, and Faith in the New China from The Keck Journal
• Why Chinese Cities Are Smaller Than They Appear from The Atlantic
• China’s National Rejuvenation Now 65.3% Complete, Index Says from The Wall Street Journal (completely arbitrary metrics, weights and coefficients)
• Alibaba Acquires Chinese Mobile App Analytics Service from China Tech News
• Methods to Make It Easier for Farmers to Sell Land from The Wall Street Journal (how about permanent property rights?)
• A New Internet World, A Neo-Authoritarian Model of Internet Governance from The University of Nottingham
• China a Prize in Pacquiao Fight from The Wall Street Journal (Pacquiao ended up winning in 12 rounds)
• Remember the Wenzhou Pilot Zone? It’s Showing Mixed Results from Caixin
• China’s Coming Baby Boomlet Will Deliver a Boost from The Wall Street Journal (what about opportunity costs, the seen and unseen of spending on infant materials now versus spending on something else later?)
• Reforming China’s state-owned firms from The Economist
• China reforms create bigger stage for online business performance from Reuters
• Rivals Aim to Break German Hold on China Luxury-Car Market from The Wall Street Journal
• Art Outshines Jewelry at Fall Auctions from The Wall Street Journal
• China loosens military control over airspace from South China Morning Post (excellent move, especially since this current order really stifles air routes and causes lots of delays)
• What Will It Cost to Cover China? from The New Yorker (lots of softballs…)
• China’s Coolpad Targets Global Smartphone Market from The Wall Street Journal
• China could have 1 million lung cancer patients by 2025, experts warn from South China Morning Post (roughly ~330 million smokers today)
• Tencent to launch international version of free 10TB storage service. New photo-sharing app coming soon to US from Pando Daily (where will data center be located?)
• FTZ’s ‘Negative List’ Policy to Be Modified from Caijing
• China cake millionaire at home in his six castles from AFP (white elephant, face projects)
• It’s OK if your kid isn’t fluent in Chinese yet—that’s the bottom line of Larry Summers’ new research from Quartz
• Less English, More Chinese for Gaokao College Entrance Exams from China Smack
• River Town: Two Years on the Yangtze by Peter Hesseler (chinese friend recommended this)

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Bitcoin was the hot topic this past week, hitting an all-time high at around 7,000 RMB two days ago which is more than $1,100.  It has since dropped by more than half.

• Chinese can now buy real estate with Bitcoin from Finextra
• Bitcoin Scandal Reflects Popularity of Virtual Currency in China from The New York Times
• Chinese Balk at Child-Rearing Costs from The Wall Street Journal (this is what i’ve heard from many of my chinese friends as well, so expensive to raise kids)
• Perfect World To Acquire Chinese Game Portal For CNY255 Million from China Tech News (they love computer games here as much as anywhere else)
• Developers Lure Rich Chinese With Sports Facilities from The Wall Street Journal
• China’s new home prices rise at record pace from CNBC (too busy trying to pay back mortgages to spend any energy on unrest)
• China’s great duck rivalry: Beijing vs. Nanjing from CNN (Peking duck is overrated, just oily skin.  i prefer cantonese roasted duck/goose)
• TSMC Appoints New Co-CEO from China Tech News (very unusual arrangement… too many cooks in the kitchen?)
• China reform winners consumer, healthcare stocks; losers, big banks from Reuters (too soon to tell, though biggest winners are still SOEs)
• Alibaba helps make China’s largest fund from Xinhua
• You Think There’s Bubble in Chinese Real Estate Market? Nothing Compared With Animation Industry in China from HuXiu (so many misallocated resources)
• Bloomberg boots ‘China leak’ scribe from New York Post (will the spiked stories ever get aired?)
• China and bitcoin are going steady, but does Beijing approve? from Quartz (big price movements the last 3 days)
• Why China Needs More Babies from The Wall Street Journal
• China’s engineers are innovating like crazy—to the benefit of foreign companies from Quartz (misleading, they also benefit themselves)
• Beijing Reform Plans Boost Baby-Related Stocks from The Wall Street Journal (too early to tell one way or the other, probably will just be a small bump)
• These Mega-Sculptures Are the Biggest in the World from io9 (what were the economic costs and who funded it?)
• China starts to turn to drugs as awareness of depression spreads from The Telegraph

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No big business stories (since nothing changed during the Plenum) but the one-child policy is officially being reformed and several foreign sites have been blocked (the Chinese version of Reuters and the Wall Street Journal).  Only official criticism allowed…

• Volvo Discovers the Benefits of Being Chinese from The Wall Street Journal (huge revenue from gov’t purchases)
• Lenovo Vaults to Third in Smartphone Race from The Wall Street Journal
• Museum Aims to Capture Sights and Sounds of Old Beijing from The Wall Street Journal
• Cisco attributes part of lowered earnings to China’s anger toward NSA from ArsTechnica (believable, probably will be a long-term trend too)
• Nearly one in two Chinese mothers chose to give birth by caesarean from South China Morning Post (i have several colleagues who have done it this way for reasons not cited)
• ‘I am like a ghost now’, says censored outspoken scholar Zhang Lifan from South China Morning Post (believable, now think of what happens post-singularity like in Accelerando with huge revert/revision wars)
• Rare ‘Asian unicorn’ caught on camera from CNN (not a unicorn)
• China’s F1 hopeful Sun Zheng cuts his teeth at Macau Grand Prix from CNN
• China Eases One-Child Policy from The Wall Street Journal (perhaps too late, why didnt they abolish entire policy?)
• How a Former PBS Reporter Became “The Most Famous Woman in China” from Yahoo! Finance
• Gambia severs diplomatic ties with Taiwan from BBC (checkbook diplomacy?)
• Benedict Cumberbatch Is a Gay Erotic God in China from Foreign Policy
• Wall Street Journal and Reuters’ Chinese sites blocked in China from Tech In Asia (oddly enough TIA is also timing out for me, along with the chinese version of WSJ and Reuters, not a good sign)

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The story about LEGO below is very interesting, I briefly mention them in my book but their growth has even surprised my optimism in that segment.  The censorship posts about Weibo are very sobering too.

• Can Creativity Be Taught? Taiwan Course Is Trying from The Wall Street Journal (doubtful if it is taught in a traditional setting)
• Crossing Lines: Sina Punishes More Than 100,000 Weibo Accounts from The Wall Street Journal (will continue causing chilling effects and self-censorship, removing a lot of the value and utility microblogs had)
• How to Get Censored on China’s Twitter from ProPublica (many ways)
• Sina Weibo: we’re still seeing growth, now up to 60.2 million daily active users from Tech In Asia
• GM to move international office to Singapore from USA Today (how will this impact their market access in the long-run?)
• Plenum Insight: Conclave ‘Didn’t Change Status of SOEs’ from Caixin (no suprise. SOEs are on of the biggest special interest groups… 100k of them. no way to truly reform long-term without reforming them)
• State Companies Emerge as Winners Following Top China Meeting from The Wall Street Journal
• China’s State Companies Ain’t Going Nowhere from The Wall Street Journal
• The Year of the Lego from The New Yorker
• Jeremy Lin is better off without Linsanity and New York from USA Today (my college students in zhongshan were agog and so excited when he was playing)
• Locked in the Cabient from Politico (that was an economic A-team?)
• A Few Bad Men from that’s (more like a prince of d-bags, wonder how many other similar cases go unreported or are quashed)
• Sino-US stand-off threatens trade talks from Financial Times
• China NSA The NSA Leaks Have Been Crushing US Tech Sales In China from Business Insider
• Balancing Financial Reform and Risk in the New Zone from Caixin
• Shanghai Party Boss: We Complement Hong Kong from Caixin (long way to go to out-compete HK, strict capital controls for one thing)
• Han Zheng: How Shanghai’s Free Trade Zone Works from Caixin (years in the making, years more for it to germinate and mature)

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3rd Plenum has ended but no specific reforms have been publicized yet.  Par for the course.  And Single’s Day (11-11) broke more e-commerce records.

• HK has no reason to cave in to Alibaba from China Daily
• Alibaba rivals redouble efforts on Single’s Day from Financial Times (51buy had some good deals)
• Pegatron Finds iPhone Is No Money-Spinner from The Wall Street Journal
• Western Media In China: Adjusting To The ‘Anaconda’ from NPR (one of the most thankless and most riskiest jobs by far is to operate as a journalist, either domestic or foreign)
• China Stocks, Bonds Fall After Beijing Disappoints from The Wall Street Journal (meetings like this are always vague, always nebulous about what changes will or will not take place)
• Foreign journalism under pressure from The Economist
• Half of all computer malware is written in Chinese, but the most dangerous is written in Russian from Quartz
• Long silent, China’s entrepreneurs push for change from Associated Press (i’ve heard several mention desires for reforms but i doubt it’ll happen anytime soon)
• A Peek inside Alibaba’s Nerve Center from Caixin
• Online Sales Records Toppled on PRC’s Biggest Shopping Day from Alizila ($5.7 billion turn-over in one day)
• Watch: China’s Urbanization Push Heads Underground from The Wall Street Journal (will be funded by taxpayers and will most likely be entirely unprofitable for anyone except SOEs and those with guanxi.  no subway line in china is currently profitable)
• Sobering Up: China Cracks Down on Binge Drinking from The Wall Street Journal
• The girl with no identity: Being a second child in China from CNN (the stories i could tell you from frustrated women born into families that only adore males…)
• What we can learn from teaching English abroad from The Telegraph

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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)

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The WSJ article below about EFL education is very sobering to anyone wanting to get involved in that area as the segment may decrease in size in the long-run due to institutional changes at the city and provincial level.

Thanks to James M and Sinocism for a few of the links.

• Google Boosts Hong Kong Entrepreneurs from The Wall Street Journal
• It’s Hollywood vs. Canada in Battle for China’s Animation Market from The Wall Street Journal (lakes of cash…)
• ZQgame, Shanda Launch JV In Shanghai Free Trade Zone from China Tech News
• Why Are Overseas Chinese Students Not Returning to China? from China Smack (if they can find a job and/or start a family, they typically stay for many reason)
• 10 things Japan gets horribly wrong from Rocket News 24 (meh, same problems in nearly any country outside the West, not unique to Japan)
• English May Be Losing Its Luster in China from The Wall Street Journal (lots of potential either way in the long run, especially for speech coaches)
• U.S. Banker to China: Hold Off on Those Reforms from The Wall Street Journal (what about capital controls, non-floating currency, introduction of bond market, etc.?)
• K-pop group Girls’ Generation beats Miley, Lady Gaga at first YouTube awards from CNN
• Skateboarding kids in Mongolia are building a skate park in Ulaanbaatar. Here’s how you can help. from Boing Boing
• Taiwanese Singer Draws Chinese Ire With Flag from The Wall Street Journal
• Watch: Paul Smith Returns to China from The Wall Street Journal (never heard or seen before anywhere i’ve been to in asia)
• China’s Top for Expats (When You Don’t Count the Pollution) from The Wall Street Journal (there are expats and then there are expats, most foreigners do not come to china on an “expat” package, thus this study is quite selective in sample size/scope)
• Chinese Collectors Snap Up Western Art at Christie’s Auction from The Wall Street Journal
• Chongqing Restaurants Serve Cultural Revolution Nostalgia from The Atlantic (when i lived in bengbu there were several restaurants that were decked out in Mao-era memorabilia, this despite the fact that Anhui was one of the hardest hit by the great famine)
• Chinese professor builds Li-Fi system with retail parts from Network World (line of sight problems that hit IR, how would they be avoided in real-world applications?)
• Kicking the Luxury Habit from The Wall Street Journal (lots of wealthy special interest groups that have benefited from guanxi with SOE and government institutions, hard to see how they will voluntarily give this up)
• Chinese used ice-path sleds to move Forbidden City’s stones from ArsTechnica
• Samsung Overpowers Smartphone Rivals in China from The Wall Street Journal (i’ll believe it when i see fewer samsung devices when i’m travelling on the shanghai subway, yesterday it looked as if everyone had either a samsung or apple device, just a dash of others from lenovo or huawei)
• The Extreme Tilt of Chinese Internet Politics from The Wall Street Journal (unfortunately has only gotten worse in the 5 years i’ve lived here, yet some companies have still thrived)
• China Kick-Starts the Economy With a Big-Spending Duck from The Wall Street Journal (unbelievable that the “artist” is threatening to sue or suing “copycats”… how do you say prior art in Dutch?)
• How China Profits From Our Junk from The Atlantic (one man’s trash is another man’s treasure)
• What drives Chinese investment in Australia? China Changing Lecture in Beijing from Lowy Institute (just need to not be a geographical part of China to be a popular destination for investment right now)
• All in the family from Foreign Policy (account of teacher having to help evict her own parents from a home seized by local government. there is a new landed aristocracy and they are those connected to SOEs and Party)
• The Sound of China’s Future from China File (hope they find their voice and their niche, got to be hard in either country)
• Nothing to smile about: Asia’s deadly addiction to betel quids from CNN (smelled really disgusting when i lived in kaohsiung, taiwan… didn’t see it much in zhongshan, guangdong)

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I’m surprised that there have not been any overseas initiatives to work with local match-makers to help the 30-40 million single men in China of “marriage age” (and who will not be able to find a local bride due to a lack of available numbers)?  While that may have been a crazy idea just 10 years ago, in the age of Weixin and OK Cupid, it may just be a matter of time for laonei and laowai to become better acquainted.

Thanks to Peter J and Sinocism for a couple links.

• Glut of women at Shanghai’s marriage market from CNN (karma for 30 years of preferential gender culturalism?  there are roughly 1 million single women in Shanghai who could probably find a partner if they were in another country)
• Eric Schmidt praises Myanmar’s mobile efforts, but says North Korea hasn’t called back  from Engadget
• China to step up own security after new NSA allegations from Reuters (wonder what the score is for bilateral hacking… probably more skewed to NSA still due to its longer existence)
• Strained Finances, Strained Relationships from Caixin
• Legitimizing the ‘Civilized Internet’: China’s Seduction of U.S. Media from The Atlantic
• ‘China’s Spielberg’ Feng Xiaogang Says Censors Are Holding Back Industry (Q&A) from The Hollywood Reporter (very true)
• How ‘The Walking Dead’ Prepares China for the Zombie Apocalypse from Tea Leaf Nation (it is quite popular though in my own opinion the show is no bueno; a soap opera with zombie aesthetics)
• Exclusive: China securitization plan expanded to include foreign banks – sources from Reuters (i will believe it when i see it)
• New Broadband And 3G Users Push China Telecom To New Highs from China Tech News (wonder if it will ever be reformed and privatized)
• Suning, Hony Capital Jointly Invest In China’s PPTV from China Tech News (wonder if their legal department has seen what the various bilateral trade agreements will do with the IP, certainly will benefit special interest groups and rent-seeking)
• Zoomlion, Press Crackdowns and China’s Economy from The Wall Street Journal (being able to investigate and do due diligence is very hard in this climate, who knows what really happened in that case.)
• Road Extension Links China’s Last County with No Highway Access from CRI English
• China U. from The Nation (about Confucius Institute.  lots of money/resources/guanxi involved)
• China Construction Bank Goes Shopping in Brazil from The Wall Street Journal
• China’s billionaires ignore one child rule from South China Morning Post
• Bye Bye Vibrating Bras: China Limits Infomercials from The Wall Street Journal
• Chinese censorship’s dangerous subtlety from The Guardian (really makes it hard to break news or report it at all which plays into the hands of the large SOE media companies.)

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I am in the process of packing and moving so not many comments right now, a few interesting stories.  By the way, if you do plan to live in China for any length of time, 58.com is pretty useful for buying/selling directly from others (like Craig’s List).

• You may never eat street food in China again after watching this video from The Washington Post (very common unfortunately)
• Pollution Halves Visitors to Beijing from The Wall Street Journal (my friends there typically dont wander too far from their homes if it the index is even moderate… order-in lots of food)
• Chinese Cars: More Reliable Than You Think from The Wall Street Journal
• China’s Answer to Craigslist: 58.com from The Wall Street Journal (sold many appliances and older gadgets on it, it’s pretty useful)
• U.S., China to bid for overseas nuclear projects: U.S. energy secretary from Reuters
• David Faber Says Alibaba IPO to “Blow the Socks Off” Twitter from Alizila (probably true but not an apples to apples comparison)
• Alibaba IPO in New York? Not So Fast from The Wall Street Journal (apparently they were just jawboning their way to a better deal)
• US and Britain using Hong Kong to infiltrate China, PLA-backed film says from South China Morning Post (based on conversations with people in the know, this is true, though not a surprise to anyone in the know)
• Closer Look: Why Patients in China Kill Their Doctors from Caixin
• Chinese cities victim of US spying scheme from China Daily (everyone is unfortunately.  now the question is do Alcatel-Lucent or Huawei do the same thing too?)
• Shanghai Can Tolerate Slower Growth, Party Boss Says from Caixin (Shanghai actually does have pretty good air quality compared to nearly all tier 1 and tier 2 cities)
• To Save or Not to Save: Why Are Chinese Holding on to Hard-earned Cash? from Tea Leaf Nation (real disservice to not explain that capital controls prevent savers from investing abroad or that CPI rises faster than wage increases creating an incentive to save “just in case.”  they should have also shown the real estate costs and automobile costs for tier 1 & 2 cities.)
• Yuan Currency Use Remains Low Despite China’s Growth from The Wall Street Journal
• Aging Population Could Trim 3% Off China GDP Growth from The Wall Street Journal (a very conservative estimate, probably higher especially if it gets stuck in the “middle income trap.”)
• Mobile Video Gives China Unicom More 3G Users from China Tech News
• Study shows PM1 air pollution is most harmful from China Daily (yet another reason i would not want to live north of the huaihe)
• Guangzhou Evergrande Ties FC Seoul, 2-2, in League Final from The Wall Street Journal
• Soviets conducted nuclear blasts at oilfield to be tapped with China from Reuters
• Why ‘2 Broke Girls’ is All the Rage in China from Foreign Policy (know lots of people who watch it, hard to believe they understand all of the innuendos)
• How China’s Perfect World plans to be a player in mobile games — and the West from Venture Beat
• 13 hottest set-top boxes and smart TVs in China from Tech In Asia
• Robert De Niro invests in Shanghai property complex from BBC
• This Seemingly Bullish Chart Is Becoming A Big Headache For Chinese Policymakers from Business Insider (many distortions caused by a sundry of policies)
• Chinese FDI in the United States: Q3 2013 Update from Rhodium Group ($12.2 billion invested in the first 9 months)
• Foreign Supermarkets Hand over Register Keys to Domestic Rivals from Caixin (relatively low margin industry, wonder if repatriating profits were another reason?)
• China relaxes company registration requirements from Xinhua

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A wide variety of news over the past week, I think the biggest business opportunity listed below is with elderly care and “old age” homes.  But that would probably be at the top of the market segment because most cannot afford it (even if they can culturally accept it).

Thanks to Kevin S and Sinocism for many of the links:

• Another Massive Photoshop Fail in China from Foreign Policy
• Girls, Girls, Girls: Alibaba’s Play for Mobile ‘Losers’ from The Wall Street Journal
• The coveted government jobs no one in China wants from South China Morning Post
• China Won’t Lose Its ‘Voice’ Despite New TV Restrictions from The Wall Street Journal (the policy makers can ban all they want, but the demand is still there and those looking for alternative will find it, likely online)
• With tough market at home, China’s heavy gear makers gain traction overseas from Reuters
• The Chinese Are In Love With Bitcoin And It’s Driving The Digital Currency’s Prices Into The Stratosphere from Business Insider (what about hong bao?)
• Beijing to Tackle Lack of Affordable Homes as Prices Soar from The Wall Street Journal (won’t work due to supply, demand and the interaction of subsidies)
• Media giant comes of age from China Daily
• China’s Baidu hiring in Thailand ahead of search engine expansion from Tech In Asia (how about fix your search engine so it can perform useful searches in English?)
• Chinese censorship goes global from The Economist
• Foreign Hedge Funds Warm to China from The Wall Street Journal
• Western Retailers See Online as Ticket to China from The Wall Street Journal
• Norway snub shows sharp edge of Chinese diplomacy from Associated Press (collectivism writ large)
• Human zoos and disappearing languages: The plight of China’s minorities from CNN
• Spike in divorces linked to tax loopholey from China Daily (i know of a few couples that have done this, is quite common in big cities)
• Chinese Show Global Real-Estate Appetite from The Wall Street Journal
• Caixin Explains: The Capital’s New Housing Rules from Caixin (paywalled)
• International students in China hit record high from Xinhua  (A total of 328,330 international students from 200 countries and regions studied in China in 2012, up 12.2 percent than 2011, according to the Ministry of Education on Thursday.)
• Tencent Has Invested $2 bn in Overseas Markets from Tech Node
• Duty exemptions for Shanghai FTZ imported equipment from Xinhua
• China’s influence over the media growing globally, says US think tank from South China Morning Post
• Is China Saying Goodbye to ‘Hello’? from Foreign Policy
• Li Na seeks more history in Istanbul semifinals from CNN
• Chinese doctor stabbed to death in latest hospital attack from Reuters (one of the worst professions in China for sure. a different stabbing occurred in Forbidden Palace recently too.)
• Experts: Yangtze ecology collapses from China.org.cn
• China Property Firms See New Market in Old Age Homes from The Wall Street Journal (huge opportunity for decades to come)
• Demand drives soybean imports from China Daily
• China’s Official Local Debt Could Exceed CNY14Trl, Some Hidden Debt Excluded from Caijing (that’s roughly $2.3 trillion)
• Report: only 13% of Chinese consumers will buy smartphones priced over $330 from Tech In Asia (very few can currently afford top shelf Samsung or Apple models)
• In China There’s Not One City Without Terrifying Stretches Of Empty Houses from Forbes (my apartment complex has 2 entire (new) buildings that have laid vacant for this past year)
• Shanda Jumps Into China’s Online Payments Sector from China Tech News (they do everything now it seems)

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Several interesting stories, including a nugget about upcoming college entrance requirements and the removal of English as a requirement (see the Xinhua story below).  According to that story is this stat:

The Ministry of Education says that there are 50,000 companies specializing in English training, with the value of the market estimated at 30 billion yuan (almost 5 billion U.S. dollars).

Thanks to James M and Sinocism for some of the links:

• Is the Shanghai Tower the world’s first eco-friendly skyscraper? from China Dialogue
• Macau’s best casinos: Where to gamble, where to let loose from CNN
• Has China’s Debt Crisis Moment Arrived? from The Wall Street Journal (no, they’re going to bail them out even though it will cause even more long-term problems)
• English worth less in Beijing’s admission tests from Xinhua (could be a big game changer for the EFL industry here)
• Author: In China, ‘everyone is guilty of corruption’ from CNN (mostly true, especially outside of large cities)
• ‘When India and China Shake Hands’ from The Wall Street Journal (signed 9 agreements)
• In China, victory for wildlife conservation as citizens persuaded to give up shark fin soup from The Washington Post
• How the Chinese Learned to Embrace Independent Travel from The Atlantic
• China creates 50 bln tonnes of rain annually from Global Times
• Hollywood must think bigger about China, says producer Janet Yang from Reuters
• Xi urges overseas-educated talent to pursue Chinese dream from Xinhua (In 1978, China expanded the number of students sent to study abroad. By the end of 2012, 2.64 million had been sent abroad, among whom 1.09 million returned.)
• FTZ ‘Negative List’ Positively Disappoints Analysts from Caixin
• China: A place to call home from Financial Times (will have the same economic problems that all subsidized housing problems do across the globe, should just sell them on the open market)
• China Pushes Genetically Modified Food from The Wall Street Journal (so much fearmongering over GMO based on emotions rather than facts)
• China’s Internet Retail Sales Reached CNY1.3 Trillion from China Tech News (first 9 months of the year equals the total of all 2012)
• Report: Chinese Censorship Expanding Abroad from The Wall Street Journal

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Some opportunities around for real estate developers in the new free trade zone being developed in Shanghai.  And if you manufacture air filters, the northern areas (especially Dongbei) would probably have a lot of potential customers (see these photos).  Thanks to Angela X and Sinocism for some of the links.

• Mistress-Driven Anticorruption: Study Says 15% of Accusers Are Lovers from The Wall Street Journal
• Q&A: Nate Silver on China and the New FiveThirtyEight from The Wall Street Journal (central planners and their statistics committees…)
• Xinhua, NDRC to set up price research institute from Xinhua (only in planned economy do you need to have statistics bureaus)
• Xinhua Insight: China’s Silicon Valley becoming Internet finance breeding ground from Xinhua
• CCTV: Chinese pay higher price for Starbucks coffee from Shanghai Daily (could be part of an image or brand marketing strategy by starbucks, i would wager this discovery does not phase most regular consumers)
• Shale gas sector gears up in China from China Daily
• What China can learn from Hong Kong in its fight against corruption from CNN (doubt it would work)
• Chinese couple sells babies for iPhones and shoes, authorities say from CNN (trending on weibo)
• Patti Austin cancels gig after Beijing asthma attack from BBC (horribad weather/air right now, see these recent pictures from Harbin and Shenyang.)
• Propaganda artists from North Korea paint a rose-tinted China from The Guardian
• Authors Accept Censors’ Rules to Sell in China from The New York Times
• Is it Too Soon for Xiaomi to Go Global? from Silicon Hutong (yes)
• Chinese authorities pull plug on ‘vulgar’ foreign-made TV from CNN (will simply push more people online, to view other cultural media on streaming video sites)
• China Seeks Clearer View of Government Debt Mountain from The Wall Street Journal
• Students Compete to Meet Powerful Alumni from China Buzz
• U.S. Businessman Accused of Being Mob Boss in China from TIME (hard to figure out one way or othe other)
• Pilot free trade zone in Shanghai to build open economy from East Asia Forum (i’ll believe it when i see it.  i have a friend who works in real estate and they are planning projects in the new ftz.)
• Q&A: Huawei Executive Talks About Cyber Security from The Wall Street Journal (expects 10+ years to get into US institutions)
• Viral Chinese Cartoon Explains How to Become President from The Wall Street Journal (very naive view, filled with propaganda)
• Can Wuhan Become the Detroit of China? from The Wall Street Journal (i visited Wuhan once about 3 years ago, that’s what it looked like too — dusty and smoggy)
• Chinese Companies Fare Poorly on Transparency, Study Says from The Wall Street Journal
• China’s Building Cities So Fast, People Don’t Have Time to Move In from Gizmodo (this is the problem with inorganic urbanization by fiat, just because you build a city does not mean the people you want to move there have the productive means or ability to live and work there)
• China set to announce reforms of creaking pension system: sources from Reuters (probably worse underfunded than those in North America)
• British man sentenced for bigamy in Guangzhou from China.org.cn (unfortunately not a big surprise considering the cornucopia of laowai around)
• Xiaomi sells 100,000 MiPhone 3 units in 83 seconds from CNet (impossible to get unless you knew someone at the company, almost none of the “fans” were able to get phones during that first couple of minutes and are rallying on weibo about it. no inventory overhang at least.)
• India, China, Pakistan, Nigeria on slavery’s list of shame, says report from CNN (forced labor, black jails, etc.)

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