–Bank reserve ratio raised by 1% – China’s trying to cool off rising inflation.
–WTO judge vows to fulfill promise of job – Zhang Yuejiao becomes China’s first World Trade Organization (WTO) judge.
– Number of middle-class consumers to triple: survey – This is according to international standards, not Western. Most poor Americans, for example, are middle class by international standards, I wrote about that awhile ago. In any case, that will be 100 million people by 2016. 100 million out of 1.3 billion is not really a lot though, but it is larger than most developed countries entire populations, so a very big market indeed.
–Africa: Europe Battles China for Heart of Africa – Brief of the Africa-EU Summit in Portugal.
–Will Smith says new film ‘I Am Legend’ hasn’t secured China release – China doesn’t like Will Smith?? haha