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from Breakingviews:

Chinese hiccup temporarily deflates dairy bubble

By Ethan Bilby 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The world’s biggest milk importer is taking a break from its dairy diet. The price of milk-related products tracked by auction platform GlobalDairyTrade has fallen 25 percent since January. Though the decline is partly due to improving supply, demand from voracious buyer China has also fallen. That lull is unlikely to last.

China’s growing thirst for dairy has pushed up world prices in recent years. The country has a shortage of raw milk, and relies on foreign powder to make the baby formula, milk drinks and yoghurts its increasingly affluent population desires. Past scandals have also made consumers wary of domestic products.

This year, better weather has helped to boost world output. That has had a big effect on export prices: just 15 percent of total milk production sold outside the country where it was produced, according to a presentation last year by Fonterra, the world’s largest dairy exporter.

from Photographers' Blog:

Living on e-waste

Dongxiaokou village, China

By Kim Kyung-Hoon

Dongxiaokou village lies just on the outskirts of Beijing, but a trip there does not really offer a pleasant escape from the city centre. For Dongxiaokou is no ordinary village: it is a hub for rubbish.

A waste recycle worker looks around a broken piano which he recently picked up from the street at the yard of his tenement house at Dongxiaokou village in Beijing May 14, 2014. This village is known as Beijing's biggest site for the disposal and recycling of electronic waste and it has been the home of E-waste collectors and recyclers for a decade.    REUTERS/Kim Kyung-Hoon (CHINA)

For years, the area has been home to people who make their living by collecting and recycling electrical and electronic waste – from abandoned air-conditioners to fridges and TV sets. Several hundred families work to gather this “e-waste” from people in wealthy, downtown Beijing.

from Full Focus:

Ghosts of Tiananmen

Scenes from the bloody crackdown of pro-democracy protests in Tiananmen Square in 1989.

from Breakingviews:

China wrestles with repression of financial sort

By John Foley 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China is richer and more stable than when tanks rolled into Tiananmen Square 25 years ago. Then, incomplete political reforms led to chaos, violence and retrenchment. While there’s little risk of that now, a similar dynamic is playing out in the financial system.

from Breakingviews:

China’s strikes not as bad as they seem

By Katrina Hamlin

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

China’s workers are asking for more. Luckily, many employers can justify the expense.

from Breakingviews:

China index: Property helps slowdown drag on

By Katrina Hamlin

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Our indicator stalled at 90.8 in April, just a touch up on March. The home front still looks sluggish. Rail cargo and truck sales fell while exports were flat. Property was a drag: average monthly sales growth from January to April was 17 pct, down from 22 pct last year.

from The Great Debate:

Let Japan help defend America — and itself

Members of Japan's Self-Defence Forces' airborne troops stand at attention during the annual SDF troop review ceremony at Asaka Base in Asaka

Japanese Prime Minister Shinzo Abe is now following through on actions laid out in his recent bold speech calling for Japan to defend allies who might be under attack.

But wait, you may ask, hasn’t the United States had a mutual security treaty with Japan for more than half a century?

from Breakingviews:

Alibaba hints at overseas push with SingPost stake

By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Alibaba hasn’t even completed its U.S. initial public offering, but already it is striking out overseas. A $249 million stake in logistics group Singapore Post targets one area where the Chinese e-commerce group may be able to apply its talent. But the concrete benefits of the deal are unclear – besides focusing investors’ attention on the potential value of growth outside the People’s Republic.

from The Great Debate:

Eyewitness Views: From hope to horror in Tiananmen Square


Eyewitness View: From hope to horror in Tiananmen Square On Changan Avenue, a small crowd confronts the People's Liberation Army (PLA) in Tiananmen Square after the army stormed the square and the surrounding area the night before. This is near the location a day later where "Tank Man" confronted and momentarily halted a column of the army's tanks leaving the square. (Alan Chin)June 4, 1989. In Chinese the reference is usually made with just the numbers “Six Four,” like in English, “9/11.” As the 25th anniversary of the Tiananmen ...

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from Breakingviews:

U.S. firms get caught in China spying crossfire

By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It’s almost a year since U.S. President Barack Obama and his Chinese counterpart Xi Jinping held a cordial “shirt-sleeves summit”. When it comes to the two countries’ internet rivalry, however, bare knuckles have replaced bare forearms. Last week’s indictment by the United States of five Chinese army officers as alleged cyber spies has prompted a backlash against American companies. China’s weapon is shutting them out from future growth.

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