The Editors suggest checking out the following links:

Caijing: A New Model for U.S. Venture Capital in China - Caijing gives details, in an English translation, on Kleiner Perkins’ new China operations.

Wired: China’s Tech Generation Finds a New Chairman to Venerate - The Chinese love Bill Gates, it seems.

Asia Sentinel: Getting Internet Giants to Face Up to China - A look at Google, Yahoo and others’ ethical bind in China. They’re trying to come up with a new set of guidelines, but is it tantamount to capitulation? An illuminating comment at the end of the article.

Ich Bin Ein Beijinger: Cool Web 2.0 app of the day - Anothr.com - Kaiser Kuo checks out Anothr.com, which displays RSS feeds in your IM client. He notes that it’s “real innovation” — and I reckon it’s perfect for China’s chat-based online culture.

Pacific Epoch: EA Buys Stake In The9 - Electronic Arts buys 15% stake in mainland online games company, the9, who operate the successful World of Warcraft in China.

World Business: Top 20 Asian Progressives - Hu Jintao and Lou Jiwei are China’s contributions to the list.

China vs. India For Outsourcing - He now thinks China may surpass India in outsourcing within a few years, and not just because of China’s “lower employee churn rates, lower effective salary, and better infrastructure.”

China, China’s Boomtowns - National Geographic Magazine - River Town and Oracle Bones author Peter Hessler wrote a fascinating account of the Wenzhou model and entrepreneurship in Zhejiang, China’s wealthiest province.

LEXEAN - A new Singapore-based news magazine with regional ambitions - Lexean tries to claim Asiaweek’s mantle. Website look amateurish though, and what is with the magazine title? Led by former SPH people.

Red Herring: VC Investment Down in China, Europe - China internet companies suffered a 25% drop in venture investment compared to last year. The world’s second-largest net market may be losing its shine.

Fluenz - Another technology-driven product to teach Chinese (also see chinesepod.com)

San Jose Mercury News: CEO Schmidt says Google trying to expand China market share - “Google is giving its local managers more autonomy and investing more in China”; Looks like Google is taking a page from Yahoo’s China manual.