weekender: remembering the reform

It's been over a quarter-century since China's economic and social [and cultural] reforms were initiated, and the China Daily has a lovely set of pictures from the early days of the drive here. My favorite snap is this one, a 1979 photograph which was criticized as "capitalist romanticism."

Back to the present day, Bank of China prices its IPO near the top of the expected range, raising US$ 9.7 billion in the world's largest IPO since 2000. However, Hong Kong shares slip as China Mobile declines, even as it nears its first overseas acquisition.

And foreign winemakers try to hook China on to expensive wines, although they might not be attending the festival of Moldovan wines in Beijing.

In A-bian Watch: Chen's son-in-law is held over an insider trading scandal.

Finally: the gorgeous former Miss China Du Juan takes catwalks by storm.