China’s real credit risk lurks in shadow finance

But financial markets greeted China’s downgrade last week by Moody’s, the credit rating agency, with their version of a nonchalant shrug. Chinese domestic bond prices remained steady and Hong Kong’s main stock index actually rose during the week. ( read original story ...)

Beijing’s rickshaws teeter between tradition, survival

The makeshift red-canopied vehicles are ubiquitous in Beijing: rickshaws traversing narrow alleyways and skyscraper-lined avenues alike. A historic mode of transport, they have survived China's modernisation, and remain an integral part of city living ... ( read original story ...)

China factory activity steady in May, services rebound

HONG KONG (AP) — Growth in China's factory activity was steady last month while the services industry rebounded, according to data released Wednesday that signal the recovery in the world's No. 2 economy is holding up. The manufacturing purchasing ... ( read original story ...)

China to launch cybersecurity law despite concerns

China will implement a controversial cybersecurity law Thursday despite concerns from foreign firms worried about its impact on their ability to do business in the world’s second largest economy. Passed last November, the law is largely aimed at ... ( read original story ...)

China Messaging App Lures Luxury Brands — WSJ

HONG KONG -- China's Tencent Holdings Ltd. is using its vast social-media network to attract luxury-fashion brands to its WeChat app, potentially opening a new frontier in online retail. France's Longchamp and the U.K.'s Burberry Group PLC have begun ... ( read original story ...)