China Huishan Dairy, a mainland milk producer backed by billionaire Cheng Yu-tung, on Tuesday announced a plan to establish a vertically-integrated dairy value chain in Jiangsu province for distribution of its products in Eastern China, with a total estimated investment of up to 2.5 billion yuan (HK$3.1 billion) in the next four years.

(Source: cbrmagazine)

What we’re Reading: ‘Paris Syndrome’ Drives Chinese Tourists Away

'Paris Syndrome' Drives Chinese Tourists Away (Bloomberg)

Beijing vs. Foreign Capitalist Roaders (Wall Street Journal)

China Savers Put Record $2.1 Trillion in Wealth Products (Bloomberg)

Why 3 Google execs have left for Chinese companies in a year (VentureBeat)

Arena Football Is Crossing Into New Territory: China (New York Times)

Can China Convince Consumers it is Serious on Food Safety?


Although China takes great pride in its rich culinary heritage, Chinese consumers have been left with a sour taste in their mouths when it comes to food safety. With a number of serious scandals in recent years, including the currently unfolding Shanghai Husi meat probe, the Chinese government finds itself facing greater and greater challenges in guaranteeing food safety and restoring confidence in its domestically-produced food products.
Read more

Can China Convince Consumers it is Serious on Food Safety?

Although China takes great pride in its rich culinary heritage, Chinese consumers have been left with a sour taste in their mouths when it comes to food safety. With a number of serious scandals in recent years, including the currently unfolding Shanghai Husi meat probe, the Chinese government finds itself facing greater and greater challenges in guaranteeing food safety and restoring confidence in its domestically-produced food products.

Read more

South China Morning Post:


As Beijing expands, so have its ring roads. The new Seventh Ring Road will link neighbouring Hebei and Tianjin, becoming part of President Xi Jinping’s planned megacity.

South China Morning Post:

As Beijing expands, so have its ring roads. The new Seventh Ring Road will link neighbouring Hebei and Tianjin, becoming part of President Xi Jinping’s planned megacity.

What We’re Reading: China’s Energetic Enforcement of Antitrust Rules Alarms Foreign Firms

China’s energetic enforcement of antitrust rules alarms foreign firms (New York Times)

What to expect when you’re targeted by China’s antitrust cops (Bloomberg Businessweek)

U.S. to monitor South China Sea for de-escalation after China rebuff (Reuters)

Alibaba IPO has unusual challenges for bankers (Wall Street Journal)

China says over 150 ‘economic fugitives’ at large in the U.S. (Reuters)

ur-banic:

Goodnight Hong Kong by evenliu

theworldofchinese:

thepursuitofsnackiness:   Chinese street food: jianbing, Beijing breakfast!

If we’re going to talk about street food snacks, then my first entry from Shanghai would have to be one of my favourites - the beloved Jian Bing, or breakfast crepe.  These little beauties can be found on sidewalks and alleyways all over town - I’m lucky to have one right underneath my building!  

A savoury crepe batter is ladled onto the griddle and spread out very thinly.  Then the vendor will crack an egg on top (I always ask for two eggs!), a sprinkling of scallions, cilantro, a youtiao (fried dough stick) for added crunch, and the piece de resistance - a schmear of the most amazing, delicious, sweet, sticky hoisin sauce.  All this for only RMB3 (50 cents).  

As this is a breakfast food, most vendors fire up the grill in the early hours of the morning and will be gone by 10:00am - so you gotta be an early riser to catch this snack!

What Are the Risks of Doing Business in China?

U.S.-China Business Council President John Frisbie discusses the Chinese economy and U.S. business relations on “Bloomberg Surveillance.”