Today's Links: It's all about the RMB, naval miscommunications, and China's new head boffin

"Most of the loans went to the manufacturing, water conservancy, real estate and retail and wholesale sectors,"

"The investment spree has aroused concern from the industry watchdog."

"A light regulatory regime, lightning fast flows of information and gossip, plus a get-rich-quick-at-all-costs ethos make markets such as Hong Kong open to abuse,"

"An anti-satellite test is not necessarily a clear indication of a desire for peaceful utilization of space. It is a confusing signal, shall we say, for a country who desires, in China's words, a peaceful rise."

"The crew of the Chinese ship - the 4,800-ton JinSheng - was unharmed and made it back to Dalian where they reported the collision to Chinese authorities, Suh said, delaying search and rescue operations for several hours."

"Wan is the man that the Communist party leaders want in charge... so much so... that they don't appear to care that Wan is not a party member, another rarity for a cabinet minister."

"Most of the picture was intact, but workers could be seen in a crane cleaning the lower left area of the huge portrait, which appeared damaged by soot after the vandal hurled a burning object at it. Police were swarming the area."

"Spraying chemicals on crops improperly or using products that may be fake or banned risks the health of China's hundreds of millions of farmers and could lead to unsafe levels of residues in fruits and vegetables,"

"Somehow, the cat survived at least 35 days inside a container filled with motorcycle gear."

The national headquarters for the prevention of forest fires sent about 10,000 fire-fighters, together with airplanes, to help extinguish the fire. The fire was put out five days later.