What we’ve been reading recently:

Shanghai Daily: More caffeine fix - “Starbucks Corp, the world’s largest cafe chain, plans to open at least 80 outlets in China this year as consumers in the most populous country boost spending.” | Starbucks china coffee

AFP: Olympic torch arrives in KL amid heavy security - “On Friday, 30 Falun Gong supporters demonstrated outside the Chinese embassy, alleging that Beijing was using the Games as a reason to persecute the group’s practitioners.” | Falungong Malaysia china olympics tibet

Shanghai Daily: Bargain hunters step in to lift stock market - “The key domestic equity gauge reversed morning losses to close higher today as bargain hunting set in after the barometer stumbled below the 3,000-point mark, fanning belief that recent declines might have been excessive.” | A-shares Shanghai china shares

AsianInvestor.net: GIC braces for worst recession in 30 years - “Tony Tan, GIC?s deputy chairman, expects the next few years to be the most challenging for Singapore?s sovereign wealth fund since its creation in 1981.” | GIC SWF Singapore

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