China’s Hu Jintao clings to socialist economy in Mao nostalgia speech. Telegraph

Investors are gorging on corporate bonds. Is an asset bubble being inflated? Economist

France Wine Output Falls to 40-Year Low on Champagne, BeaujolaisBloomberg

Barrick Gold’s Former Chief Sees Virtue in Being Small. Bloomberg

Top Pick: Brookfield Asset Management. Globe and Mail

African hospitality: No vacancy. Economist