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Morgan Stanley’s Chinese Land Scandal [NYTimes] "Last month, with property prices here and elsewhere in free fall, the bank dropped a bombshell: in a Securities and Exchange Commission filing, it said it had fired an executive in its China real estate division after uncovering evidence that he might have violated the United States Foreign Corrupt Practices Act, which bars American business people from bribing foreign officials."
U.S. Pavilion at Shanghai Expo to break ground on schedule [Xinhua] "Despite fund raising problems, officials of the U.S. Pavilion for the Shanghai World Expo 2010 say they are confident they will break ground to build a national pavilion on schedule this April."
Premier Wen urges journalists to write "true, accurate" stories [Xinhua] "Chinese Premier Wen Jiabao on Saturday urged journalists to write 'true and accurate' news stories because it is a fundamental principle and a lifeline for the media. Wen told a group of Xinhua News Agency staff that Xinhua should take the lead in doing so and carry on its tradition of reporting news accurately, effectively and timely."

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Today's Links: Morgan Stanley dives into Shanghai real estate scandal, U.S. Pavilion rising despite no funds, and China calls the U.S. hypocrites