Image from Global Times.
- Just the mere whiff of Chinese investment in the Italian debt market had stocks going bonkers on Monday. WSJ points out that, weirdly enough, none of the rumors are really substantiated and this anonymous Italian official just happened to mention the prospects one day before Italian bonds for 2018/2020 go on sale…
- That’s Shanghai gives us a nice review of Paul French’s new non-fiction murder mystery Midnight in Peking.
- LA Times explains why the mooncake is very much the fruitcake of China. (Agreed – dessert should never feel like a punishment!)
- Forbes looks at why China’s rich want to immigrate to America, namely, the “right cocktail of institutions.” CNBC says that ease of travel, better air quality, education, and health care are among major reasons wealthy Chinese are taking on American passports.
- The New York Review of Books looks at the “Little Potala” – China’s Tibetan theme park outside of Beijing.
- Harbin Pharmaceuticals has responded to the controversy over blinged-out Versailles-esque photos of one of their facilities by claiming that it is in fact a “wood-block printing art museum”. Uh huh. In related news, the Harbin Pharmaceuticals website was hacked by an angry rural resident who says he can’t afford medication.
- China’s newest trend in high-end transportation: luxury bicycles. Could put a totally new spin on the phrase “let’s take the Lamborghini out for a ride.”