Today's Links: Bubbles, substandard toys, and removing bullets

• Chinese Benchmark, CSI 300 Closes Above 4000 To New Record; Analysts Concerned Over Market "Bubble"
  The Shanghai benchmark index has surged over the 4000 mark for a new record. Rising Chinese shares at a breakneck pace adds to concern over market overheating. Shanghai's benchmark index CSI 300 ended up 2.6 percent to 4,090.57. Since 2006, the index has increased four fold, and has doubled since the beginning of the year.
• China's outrageous claim
  The Indo-China border dispute is threatening to erupt once again, this time amidst reports that the Prime Minister’s Office cancelled a cross-border study programme for 102 IAS officials after the Chinese government denied a visa to a bureaucrat from Arunachal Pradesh, saying he did not need one as he was a Chinese citizen.
• More than 20 pct of Chinese toys substandard
  Chinese watchdog says that more than 20 percent of toys and baby clothes are of substandard quality.
• Gong Li talks about working with different directors
  The iconic Chinese actress talks about her experiences with the different directorial styles of Zhang Yimou, Wong Kar-wai and Hollywood directors.
• Chinese art masterpieces fetch millions at Hong Kong auction
  Newsflash: Chinese art is still hot. A 1959 Zao Wou-ki painting fetched 3.8 million USD.
• Huge gas reserves found in southwest China
  These particular reserves are located in Sichuan province.
• China calls for extradition treaties to fight graft
  China says this is the only way to get corrupt officials on the lam, while many Western countries say that the death penalty and lack of transparency are dealbreakers.
• Hundreds march in HK to mark 1989 Beijing massacre
  400 people marched in the rain on Sunday in Hong Kong to commemorate June 4.
• Chinese woman has bullet taken from head 64 years on
  Jin Guangying, 77, was shot in the head by the Japanese during WWII, and finally had the bullet removed.

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Photo by Shanghai Sky taken from the Shanghaiist Contribute page.