Weekly US-China News-Issue: Oct 6th, 2015

 

Markets

China limits overseas cash withdrawals for its citizens – CNN

China’s yuan jumps to fourth most-used world payment currency – The Guardian

U.S. trade deficit widens as exports sag, imports from China surge – Reuters 

Now Is the Time to Buy Chinese Stocks, Says Prominent London Hedge Fund – The Wall Street Journal

The next thing to worry about in Chinese markets – CNBC

‘Medical Tourism’ Continues to Grow in China, as New Website Offers Services – Caixin Online

The brightest minds on China explain what’s really going on – Business Insider 

 Li Ka-shing shows CEOs how to deal with China – Financial Times

Foreign Company R&D: In China, For China – China Business Review

Banking

Online Financiers Banking on China’s Future – Caixin Online

China to curb yuan speculation amid reform push: central bank – Reuters 

Ecommerce/Technology

Alibaba Firm Riles Gov’t with Promotions for Credit Score Service – Caixin Online

Chinese Consumer Apps Burn Out in Price War – The Wall Street Journal

‘It Had Better Get Bloodier:’ Q&A with Xiaomi’s Lei Jun on China’s Smartphone Battle – The Wall Street Journal

Apple Music faces tough audience in China – CNBC

Zuckerberg, Sandberg Keep Up Facebook China Press – Forbes

Agriculture/ Food&Wine

Tough new law sets new regulatory system – CCTV

China’s Amended Food Safety Law Effective Oct. 1 – Food Safety Magazine 

Chinese sprout an interest in organic farming amid concerns over food safety – South China Morning Post

Large Inventories, Strong Dollar, Chinese Economy All Weighing Down on U.S. Agriculture Prices – Market Watch

China to investigate illegal domestic GMO crops: agriculture ministry – Reuters

US Agriculture Secretary on US-China agricultural cooperation – CCTV

Real Estate

White-gloved butlers a new must-have for China’s super-rich – The Washington Post

Why China Is on an L.A. Spending Spree: “It’s Just Monopoly Money to Them” – The Hollywood Reporter 

China Business Insights

Marketing in China: a five-step guide – The Guardian 

Unique China

China’s First Nobel Laureate in Science – The Wall Street Journal

A Tradition for New Mothers in China, Now $27,000 a Month – The New York Times

The fuerdai, China’s second-generation rich kids, are the most loathed group in the country. They’re also its future. –  Bloomberg

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