A look at China’s latest shopping spree of foreign commodities companies.  LINK

Independent Boards for State Owned Enterprises?  LINK

PBOC:  Over capacity creating deflation.  LINK

WSJ: Rebound for China not likely anytime soon. Bloomberg: China says 8% economic growth still possible for 09

Northern China’s worst drought in 50 years.  LINK

A look at recent scandals involving China’s billionaires.  LINK