"Growth [in agriculture in China] has been quite impressive. But when you dig down, you realize it’s the result of a very intensive use of chemicals, fertilizer, pesticides. You realize that growth has come at a price."

Colin Carter, an expert on Chinese agriculture and director of the Giannini Foundation of Agricultural Economics at the University of California, Davis.

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What We’re Reading: Weibo Shares Surge on Opening Day, China’s Disillusioned Office Workers

Shares of Twitter-Like Weibo Surge on Opening Day, as China I.P.O.s Mount (New York Times)

Japan’s Abe dubs China vital partner amid territorial disputes (Reuters)

China’s new breed of whistleblowers takes on big business (Reuters)

Charges Are Said to Be Near Over Kickbacks in Exports of Luxury Cars to China (New York Times)

China’s Losers: Amid Spreading Prosperity, a Generation of Self-Styled Also-Rans Emerges (The Economist)

chinadigitaltimes:

Photo: Changing Times, by Dheera Venkatraman http://ift.tt/1laicUS

chinadigitaltimes:

Photo: Changing Times, by Dheera Venkatraman http://ift.tt/1laicUS

The Red Land by JiKang Lee via Flickr

The Red Land by JiKang Lee via Flickr

What We’re Reading: China Shoe Factory Strike Snowballs, Weibo Cuts IPO Size

Strike at China sneaker factory snowballs (CBS News)

Japan’s Abe dubs China vital partner amid territorial disputes (Reuters)

China’s Weibo Cuts IPO Size Amid Selloff In Technology Stocks (Fox)

China backs away from price controls on basic drugs (Reuters)

Why China Needs to Let More Companies Go Bankrupt (Wall Street Journal)

China: 20% of our arable land is polluted (Wall Street Journal)

reuters:

BTC China, one of the country’s leading digital currency exchanges, has installed China’s first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies. Read more:  http://reut.rs/1qIkOs5
(A Bitcoin logo is displayed below a $5 bill during the “Inside Bitcoins: The Future of Virtual Currency Conference” in New York on April 8, 2014. REUTERS/Lucas Jackson)

reuters:

BTC China, one of the country’s leading digital currency exchanges, has installed China’s first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies. Read more:  http://reut.rs/1qIkOs5

(A Bitcoin logo is displayed below a $5 bill during the “Inside Bitcoins: The Future of Virtual Currency Conference” in New York on April 8, 2014. REUTERS/Lucas Jackson)

From China File: Hidden Taxes: Many Chinese Are Surprised to Find How Much They Pay

Tags: China Taxes

What We’re Reading: China’s Economy Slows in Q1, Smartphones and Social Media Power Ecommerce in China

China economic growth slows to 18-month low in first-quarter (Reuters)

As Credit Dries Up, Smaller Companies in China Feel the Pinch (New York Times)

Alibaba Earnings Surge Boosts Valuation Ahead of IPO (Bloomberg)

Google Glass, Not Yet on Shelves, Already Sold Online in China (Wall Street Journal)

Smartphones and Social Media Power China’s E-Shopping Revolution (Bloomberg Businessweek)

The Wall Street Journal’s China Real Time blog reports: 

According to a new study, Beijing is now the world’s eighth-most global city, breaking into the top 10 for the first time.
The global cities index, published Monday, found that China’s capital city is eclipsed only by New York, London, Paris, Tokyo, Hong Kong, Los Angeles and Chicago, in that order. 

The Wall Street Journal’s China Real Time blog reports

According to a new study, Beijing is now the world’s eighth-most global city, breaking into the top 10 for the first time.

The global cities index, published Monday, found that China’s capital city is eclipsed only by New York, London, Paris, Tokyo, Hong Kong, Los Angeles and Chicago, in that order. 

What We’re Reading: China to Elevate Environment in New Law, Housing Trouble Grows

China stresses need for stability at first meeting of new security council (Reuters)

China’s Actions in Hunt for Jet Are Seen as Hurting as Much as Helping (New York Times)

In China, a Big Jet Becomes a Status Symbol (New York Times)

China set to elevate environment over development in new law (Reuters)

In China, a momentary pause for tech purchases (CNN Money)

Housing Trouble Grows in China (Wall Street Journal)