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 ...)

The impact of downgrading China

On May 24 Moody’s Investor Services downgraded China’s debt for the first time since 1989 to A1 from Aa3. This is still investment grade, but just a lower rating, and is due to a rise in credit extension, which has surged to the equivalent of ... ( read original story ...)