What we’ve been reading recently:

Brad Setser: Has China been diversifying away from the dollar? - Setser says China is diversifying its Treasury holdings - into equities and other instruments | US china macroeconomics

Economic Observer: Crooks, Confucius & Capitalism - Roundup of stories in the Chinese-language press including a proposal to build a ‘culture city’ that was mooted during the NPC, the strategies Chinese authors use to gain overseas recognition and more. Includes the EO’s take on the pieces. | china culture media

Brendan O’Neill: Invasion of the robotic thugs - Brilliant rebuttal of the British press’ coverage of ‘Chinese thugs’ guarding the Olympic torch during its UK leg. Thanks to Danwei.org | UK china media olympics

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