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Unlike last year, when China sent its defence minister, Liang Guanglie, to the Shangri-La Dialogue, this year the highest-ranking Chinese delegate was a senior military academic, Lieutenant-General Ren Haiquan.
ECONOMIST: Military diplomacy
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Earlier Wednesday, Marlen Esparza earned a bronze medal in the 51-kilo flyweight category but narrowly failed to reach the gold-medal fight after a 10-8 semifinal loss to China's Ren Cancan, the world No. 1 and top seed.
WSJ: 2012 London Olympics: Shields Gives U.S. Shot at Boxing Gold
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"There really are very few investment channels, " says Ren Jun, a 30-year-old media entrepreneur with investments in contemporary art, antiques, gold and silver.
WSJ: Forget Stocks��Chinese Turn Bullish On Booze and Caterpillar Fungus