It's Jamestown Foundation's China Brief time. The first must read is Willy Lam's piece on why Hu is seeking a breakthrough in the upcoming summit with George W. Bush:

Hu’s first visit to the U.S. as head of state will be dominated by the familiar “3-T” issues: Taiwan, trade and technology. On a deeper level, however, the world’s only superpower and the fast-developing would-be superpower will engage in a give-and-take that is sure to shape geopolitical developments

The other must read is Victor Shih's* look at Beijing's bail-out of joint-stock and state-owned banks. It also looks at the ongoing almost en-masse bail-out of China's securities industry and asks if the Government can resist the temptation to effectively nationalise large parts of the financial industry.

* _{Victor Shih runs the Chinese Politics blog.}