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- World Bank blogger: 'Short of a cataclysm in China, China is already the largest economy in the world--or will be so in 18 to 24 months. The century and a half of America as number one will have come to a close.'
- But Nobel Prize-winning economist Paul Krugman says China is hitting the economic wall.
- Liu Yazhou, political commissar at China's National Defence University, calls for radical reform of the PLA.
- What does China's decision to liberalise bank lending rates actually mean? This blogger says it 'puts China firmly on the path to a fully convertible currency and floating exchange rates.'
- Northeast Asian waters set to get more crowded. Chinese PLAN ships spotted passing through the Soya Strait (between Russia and Japan) by the Japanese SDF for the first time, following recent joint naval exercises between Russia and China. And last Thursday, Russia announced it will start a naval build-up in the Pacific next year.
- Pharma giant GSK will admit large scale corruption and bribery in China.
- Reports by an Indian website that China has again re-entered Indian territory.
- The world's longest bridge over water, now open to traffic: