6th April 09

The Sydney Morning Herald

More than a glimmer of hope at end of the tunnel
John Garnaut

In February the manager of a very large Boston-based Asia fund explained to me why he was so excited that China's official Purchasing Managers Index was signalling that the economy was still contracting, only not as drastically as before."Everyone in the whole world is looking at just two things, US payrolls and China PMI," he said. "It's all about finding the inflection point."

The New York Times

Chinese Hunger for Sons Fuels Boys’ Abductions

The thieves often strike at dusk, when children are playing outside and their parents are distracted by exhaustion. Deng Huidong lost her 9-month-old son in the blink of an eye as a man yanked him from the grip of his 7-year-old sister near the doorway of their home. The car did not even stop as a pair of arms reached out the window and grabbed the boy.