ChinaDailyNews June 2011

Quite a lot was happening last month. Here is the short summary of the 10 most important developments in June. The detailed links to all the articles are on a separate sheet.

  • Sino Forest. Gazillions of articles. Reinforcing the discussion in the US and also in China about reverse merger listings.

  • Chinese internet companies had a rough month although with a better ending. Especially noteworthy

  • the developments at YOKU, RENN and SINA.

  • The IPO market in doldrums.

  • Jack Ma from Alibaba is making more noise than ever. Reopens the attention to VIE variable interest entities.

  • Chinese leadership active in Europe and at home. They offered a state visit to Sudan´s president.

  • The credit crunch continues. SME are in the front line. Real estate developers are next. Have a frequent check on the Shibor for the current level of short term interest rates.

  • Inflation keeps making headlines. Noticed that pork prices rose 70 % yoy and the very generous help for poor people .5 Yuan a month.

  • Environmental issues still keep coming. Flooding and more pertinent questions about the 3 gorges dam.

  • Bulls and bears on China got more arguments for their case. The same for overbuilding.

  • And finally the party prepared for the 90 year festivities. Retro