- FDI: U.S. Luxury Real Estate Courts the Chinese Buyer – WSJ.com
- Finance: China Said to Propose Limits on Local Government Loans – Bloomberg — China’s banking regulator proposed keeping a cap on local government loans to curtail defaults while encouraging funding for railways, roads and affordable homes, a person with direct knowledge of the matter said.
- Transitions: China party shuffle begins ahead of leadership change | Reuters — Guo Jinlong, 64, the capital’s mayor since 2008 and a Hu ally, is tipped to replace Liu Qi, 69, as Beijing party boss at the municipal party congress that opened on Friday, the sources with ties to the leadership told Reuters, requesting anonymity because of the political sensitivity of leadership changes.
- South China Sea: A manic-depressive day in the Chinese internet media: Aquino’s threat, Vietnam’s…
- China Criticizes Vietnam in Dispute Over Islands – NYTimes.com
- U.S. Congress: Don’t punish Chinese restrictions with more restrictions —Committee to Protect Journalists opposes a U.S. House measure under consideration that would restrict visas for Chinese journalists as “reciprocity” for China’s media policies.
- Hu sets out vision for US ties — China Daily story. Very few details. From G20 meeting with Obama.
- Hillary Clinton: Chen affair showed level of US-China trust — ‘Clinton told the event that “the fact that we had this strategic dialogue. that I was on my way there … had everybody invested in trying to work through whatever the difficulties were.
“In the end I think it showed a level of confidence and trust in the good faith of each side that enabled us to work through,” she added.’
Daily Update, June 22, 2012
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