China unveils 'world's fastest train link'
"How do I know China wrecked the Copenhagen deal? I was in the room" 
Art Cashin, of UBS, interview.
The Empire State Building this week will illuminate red and yellow, celebrating China's 60 years of communist rule. There are many things to appreciate about China, but communism isn't one of them.
What was the Empire State Building thinking in lighting up in celebration of China's long communist rule?
China: complaints on US chicken dumping justified BEIJING (AFP) – China said Sunday it had grounds to start a formal anti-dumping and anti-subsidy investigation into American chicken meat imports, as tensions persist following President Hu Jintao's visit to the US.
The Commerce Ministry announcement said an initial examination that began two weeks ago into domestic chicken producers' concerns had grounds and officials would now formally investigate the US imports.
"The ministry had carefully evaluated the applications... and decided to start an investigation into unfair trade practices such as dumping and subsidies of chicken products imported from the United States," it said.
A Los Angeles investment firm has come out a big winner in the battle among some of world's best-known money managers vying for a slice of cash from China's sovereign-wealth fund. China Investment Corp., which is doling out billions of dollars as it tries to profit from a global economic recovery, has committed to invest about $1 billion with Oaktree Capital Management LP, people familiar with the matter said. The big allocation comes as the Chinese fund stands poised to make a wave of investments directly into hedge funds around the world.
