In this publication, we offer 1) "’Cash crunch’ amid a flood of liquidity” by Professor Ning Zhu; and 2) “As the social status of the people of Chinese ethnicity rises, revitalization of Chinatowns becomes a common mission” by China Review News.   

In the Music Section, we have Jasmine Blossoms (茉莉花):

http://www.youtube.com/watch?v=QVwRx0QgCmU

Comment from Julian Loui, Virginia Beach, VA

I've just read Dr. Cha's excellent article on the recent conflicts among China, Japan and the U.S. I've yet to find a more accurate, truthful and concise summary of the relationships among China, Japan and the U.S. anywhere in the U.S. It's so sad that the Western press is so in love with Japan that it's incapable of learning from history and seeing the world as it exists.  My salute to Dr. Cha.