- The Chairman of one of China's largest asset management firms says the business environment this year has been 'grim and complicated'. Similarly, Reuters reports that a network of loan guarantees set up to improve companies' access to credit in Hangzhou is now threatening to spread to profitable firms.
- The People's Bank of China is looking for better monetary measuring tools to deal with a slew of new financial products.
- Richer than Namibia, poorer than Peru: how rich should China feel?
- Even though current Politburo member Wang Yang criticised Abe during a meeting with the Tokyo Governor Yoichi Masuzoe, Wang is positive about repairing bilateral ties with Japan.
- The Economist looks at the reasons behind Chinese emigration. For many middle class emigrants the decision makes little financial sense.
- Yasuhiro Matsuda of Tokyo University gives us his take on how to understand China's assertiveness since 2009.
- China is seemingly fine with Obama's trip to Asia, except regarding Japan.
- In what has been yet another clumsy week for Chinese media, the state owned People's Daily has made an official complaint to Twitter about parody account @relevantorgans which describes itself as 'China's soft power vanguard'. The People's Daily made its complaint via its own Twitter handle @PDChina:
@relevantorgans This a/c is using People’s Daily's web link without authorization. We ask immediate rectification. pic.twitter.com/6R1rfQhNTh
— People's Daily,China (@PDChina) April 24, 2014
@relevantorgans shot back with this:
Relevant Organs hail @pdchina’s “e-rectification” campaign. This is no time to go soft on Twitter’s black elements! pic.twitter.com/cE1cgsPRnT
— The Relevant Organs (@relevantorgans) April 25, 2014