A $25 million fine for anticompetitive practices appears to make the Detroit automaker the latest company to be singed in the U.S.-China economic clash. Source: NYT > Business – Raymond Zhong
China Dispatch: For Chinese Raised in Prosperity, Shrugs in the Face of Layoffs
Few cities in China have had as grim a history over the past century as Chongqing. Now the enormous city is prospering, but faces a wave of pink slips at factories. Source: NYT > Business – KEITH BRADSHER