Weekly US-China News-Issue: May 5th, 2015

Policy

Changes to Chinese Food Safety Law Include Tougher Punishments – Caixin Online

Revised Food Safety Law In China Signals Many Changes And Some Surprises – Forbes

Market

China’s Long Bull Run – Barron’s

Asian stocks recover as weak China PMI drive easing hopes – CNBC

China’s People’s Daily Warns Of Risks From Stock Market Bull Run As Warren Buffet Predicts Prolonged Boom – International Business Times

IMF to Brighten View of China’s Yuan – The Wall Street Journal

China’s Fosun offers $1.8 billion for 80 percent of U.S. insurer Ironshore – Reuters

The U.S.-China Disconnect on Trade Deals – The Wall Street Journal

Why China is so tough for Uber to crack – CNN Money

Ecommerce/Internet/Technology

Royal Mail ‘shop’ brings British brands to China – Financial Times

China Targets Online Shopping in the Gray Zone – Caixin Online

Chinese Government (Finally) Ups Action Plan to Combat Gray Market – JingDaily

Mobile Internet Income to Speed up -Ecns.cn

Internet Giants Tap E-health Care Sector to Meet Demand -Ecns.cn

Banking

PMI Data May Push People’s Bank of China to Go Big on Stimulus – Bloomberg

China Rethinks Safety Net for Its Banking System – The New York Times

China’s Citic Securities Launches Global Investment-Banking Venture – The Wall Street Journal

Chinese banks are clobbering the US: Bove – CNBC

China’s Big Banks Show Weak Profit Gains Amid Slower Economic Growth – The Walls Street Journal

China to open bank card clearing market to foreign firms from June – Reuters

Real Estate

Has China dodged property Armageddon again? – CNBC

How The Search For Love Fuels China’s Housing Bubble – Forbes

Chinese developer leads transformation of L.A.’s skyline – Los Angels Times 

Real Estate Billionaire Wang Jianlin Is Back On Top As China’s Richest Man – Forbes

Education

As competition among Chinese international students for U.S. schools grows, so does fraud – USA Today

2015 Harvard Business School Executive Education China Programs Announced – MarketWatch

Study abroad prep classes in China criticized for high prices – Want China Times

Wine

Chinese delegation to attend inaugural Cal-China wine forum – Napa Valley Register.com

China’s Wine Industry Explodes, But Not Yet On The World Stage – International Business Times

China overtakes France to become world’s second biggest wine-growing area – The Independent

Australian winemakers and Chinese importers work together to create a premium wine for the Asian palate 

A bottle of Beijing, please: is Chinese wine any good? – The Telegraph 

Agriculture

Revised Food Safety Law In China Signals Many Changes And Some Surprises – Forbes

China to strengthen oversight of GM crops under development – Reuters 

We are entering a golden age of U.S.-China trade  – The Packer

Big China corn premiums may tempt buyers to step up imports – Reuters 

U.S. asks China to drop ban on poultry imports triggered by bird flu – Reuters 

World showcase: Wis­con­sin dairy im­presses at Chi­nese expo – The County Today

China’s slump lifts dairy competition – The Land

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