| * China in push to join US-led $4tn services trade talks * S Korea reopens $8bn fighter jet contest * CIC Chinese fund buys 12% equity stake in Uralkali * Iran's foreign minister Mohammad-Javad Zarif to join negotiations * GlaxoSmithKline China sales face growing pressure * Factories shut as Bangladesh garment workers strike over pay * Ivanhoe Mines discusses deal with Chinese gold producer * Renren fails to keep pace in race for China's smartphone users * India suffers fresh currency concern * Markets: down China is seeking to join US-led talks aimed at updating the ageing rules on the $4tn annual trade in global services in a move that is raising concerns in Washington over Beijing's motives. US officials are concerned that if China joins the discussions, it may seek to water down the services agreement. (Financial Times) S Korea reopens $8bn fighter jet contest: South Korea will restart an $8bn tender for a new fleet of fighter jets after a three-way race between Boeing, Lockheed Martin and the Eurofighter consortium failed to produce a winner. (Financial Times) CIC Chinese fund buys 12% equity stake in Uralkali: CIC has become the second largest shareholder in Russian potash producer Uralkali, the latest in a string of commodity-related investments by the Chinese sovereign wealth fund. (Financial Times) Iran's foreign minister Mohammad-Javad Zarif to join negotiations: Iran's new foreign minister, Mohammad-Javad Zarif, will this week meet US secretary of state John Kerry and ministers from the other major powers involved in talks over Iran's nuclear programme, Europe's top foreign policy official said on Monday. (Financial Times) Sales of GlaxoSmithKline's medicines in China are thought to have dropped 30 per cent since officials accused the UK pharmaceutical group of corruption. The figures, produced by Citi, will add to pressure on GSK's top executives as they face the threat of a substantial fine triggered by Chinese allegations of bribery totalling up to $500m. (Financial Times) Factories shut as Bangladesh garment workers strike over pay: Thousands of workers protested for a fourth day on Tuesday to demand a $100 a month minimum wage and about 50 people were injured in clashes, police and witnesses said. (Financial Times) "China's largest gold company, China National Gold, has talked to Ivanhoe Mines about buying a stake in or assets from the company founded by flamboyant mining magnate Robert Friedland, two people familiar with the matter said. It is unclear where talks stand." (WSJ) Renren fails to keep pace in race for China's smartphone users: Since that 2011 listing, however, Renren's New York-traded shares have lost four-fifths of their value and taught investors a painful lesson about how fast China's internet sector can change. (Financial Times) India suffers fresh currency concern: Behind a sense that the bullet had been dodged there now lies a new anxiety: uncertainty over whether the worst of the currency crisis that has buffeted India and other emerging markets is now over – or whether the true moment of reckoning has just been delayed. (Financial Times) Emerging Markets
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