The decision came in an early evening call to four journalists huddled in a Hong Kong conference room. On the line 12 time zones away in New York was their boss, Matthew Winkler, the longtime editor in chief of Bloomberg News. And they were frustrated by what he was telling them. The investigative report they had been working on for the better part of a year, which detailed the hidden financial ties between one of the wealthiest men in China and the families of top Chinese leaders, would not be published.

This Saturday, Chinese President Xi Jinping will launch what is being billed as the most important conclave of Chinese leaders since 1978, the year that Deng Xiaoping transformed China from a dying Red giant into a market-driven dynamo. (“Seek truth from facts,” rather than communist ideology, he said.) The historic “Third Plenum” of Xi's term is meant to signal that he has consolidated power, decided on a direction for the country, and achieved consensus with the political class.

Chinese film director Feng Xiaogang left his handprint in cement outside the TCL Chinese Theatre on Friday as groups of Chinese onlookers snapped photos of entertainment stars' names on the Avenue of Stars. "Hollywood is a place of sunshine, beach, dreams coming true and endless creativity and innovation," Feng said at the ceremony. "I'm honored to join the people who have left their handprint at the theater."

A plan to establish an organization that promotes Chinese languages and culture in Vietnam has drawn criticism from Vietnamese scholars, who say Beijing is trying to invade the country with its ideology. The agreement to set up a Confucius Institute in Hanoi was reached during Chinese Prime Minister Li Keqiang’s visit to Vietnam this month. The plan has sparked heated debate, however, on social networks in Vietnam.

Just a week after Prime Minister Manmohan Singh's trip to Beijing, where he signed a Border Defense Cooperation Agreement, China has reminded India of its other border conflict: Arunachal Pradesh. The Hindu reports that China opened a new highway that links Medog, Tibet’s so-called “last isolated county,” with the rest of China. The Global Times called Medog “the last roadless county in China” – it did not mention India at all.

China's domestic security chief has blamed a Muslim Uighur separatist group for planning a "violent terrorist incident" this week on Beijing's Tiananmen Square that killed five people and injured dozens of others. Meng Jianzhu, a member of the 25-member Politburo with responsibility for domestic security, said Friday that the incident had been organized by the East Turkestan Islamic Movement. The group is based in the northwestern region of Xinjiang.

Recently Yazheng Huang warned that, because of dysfunction in the U.S. financial and political system, the United States is likely to lose its lead in technological innovation to China. Huang argues that state support for science in China is likely to exceed that in the United States soon, and this will eventually allow China to overtake the United States.