Fed’s Yellen: U.S. Rates Too Hot for China A top Federal Reserve official said Monday U.S. monetary policy is too hot for China and Hong Kong and explained any trouble those nations ultimately face because of this situation arises from their own foreign exchange policies. (WSJ)
Gutenberg fights back Publishers and the web battle over the printed word (FT)
Google prepares Facebook assault (FT)
Traders make $8bn bet against euro Record number of short positions (FT)
The World’s Watchmaker China has America about where it wants it. You can make your own calculation of President Obama’s leverage over Beijing — and it’s heading south. By ROGER COHEN (NYT)
Disney, Google eye stake in China firm A consortium led by Walt Disney Co is in advanced talks to buy into China’s largest in-bus digital media and advertising company, a deal that could offer the US entertainment giant a new platform to promote Mickey Mouse in China, three sources told Reuters. (China Daily)
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