A daily look at what we’re reading. –The People’s Bank of China is pleased with the passage of the U.S. bailout plan. A full translation of the central bank statement from our colleagues in Beijing is available here. [Real Time Economics] –China’s milk scandal has sent ripples around the world, especially in places that import much of their food from China, such as southeast Asia. Here’s a look at how the news has been playing out in the region. [Global Voices] –What doesn’t have melamine? A


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