Earnings became a big driving story, along with improved economic sentiment regarding China.
Regarding China, although their GDP came lower than the consensus it was in line with estimates of many analysts including ours.
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Was Apple doing anything legally wrong regarding manufacturing in China?
This could possibly be just another storm in a teacup regarding the future of China equity.
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The inconclusive talks between head honchos of China Mobile and Apple CEO Tim Cook, regarding iPhone 5 is a huge boon for China Unicom and China Telecom.
Details of the meeting were scant, but a China Mobile spokesman said it was regarding "matters of co-operation" in the region.
Unilever, which makes Omo detergent, Dove soap and Rexona deodorant, later confirmed to The Wall Street Journal that there would be price increases across its portfolio in China but declined to give details regarding the timing or which products would be affected.
India was granted observer status in the SCO last year and while its intentions regarding full membership are unclear at this time, the Russia and China led alliance would allow New Delhi a greater influence in Central Asia, which it desires, and at least ostensible cooperation in counterterrorism efforts.
If anything, countries like India and China will have to expend greater effort to create a consensus regarding the need to tackle climate change, as it is often assumed, incorrectly, that growth and ecological responsibility cannot go together.
China's Foreign Ministry urged the US to "set aside prejudices" regarding the two firms.
China will need to have the same level of skills in strategies and vision regarding marketing within the automobile industry, as has been the case in manufacturing.
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An Airbus spokesman played down the warning signs from China, claiming that there had been no official request yet from any Chinese airlines regarding any orders.
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