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China to crack down on illegal foreign money

2010-03-23 12:01:00

The State Administration of Foreign Exchange (SAFE) will conduct a special investigation in 13 provinces and municipalities during the first half of this year to examine whether international "hot money" was flowing into China under the cover of trade, foreign direct investment (FDI) and foreign debt, the Shanghai Securities Journal reported Tuesday.

Ex-doctor stabs eight children to death

2010-03-23 11:33:17

Eight children have been stabbed to death and five other students injured by a former doctor at an elementary school in east China's Fujian province.

Water-splashing to go on despite drought

2010-03-23 10:26:13

Dai minority in dry Xishuangbanna of Yunnan province will go ahead with the water splashing activities during the traditional Water-splashing Festival, with the highlight of a rain dance to relieve the drought.

Wen: China to import more US products

2010-03-22 21:08:55

Chinese Premier Wen Jiabao said Monday that China will import more US products.

New 'National Water Museum' opens

2010-03-22 20:54:44

Facing the worst and most persistent drought in 50 years or even longer throughout Southwest China, authorities inaugurated the National Water Museum of China, the first of its kind, today (Mar 22), the 18th World Water Day, and launched the country's 23rd water campaign week to make the public fully aware of this issue.

SME 300 index debut in Shenzhen

2010-03-22 17:02:00

The Shenzhen Stock Exchange and its subsidiary Shenzhen Securities Information Co, Ltd launched a new index Monday, to track the performance of 300 selected stocks in 22 industries traded on the bourse's small and medium enterprise (SME) board.

Woman sues hair salon for burns

2010-03-22 16:54:53

A Nanjing resident who went for a hair curled and ended up with burns to her hair head and ear is suing the salon, according to sina.com.

Margin trading may bring in $13b on stock market

2010-03-22 16:25:58

The upcoming margin trading pilot program, which allows securities companies to lend stocks and money to investors, is likely to bring about a total of 90 billion yuan to the A-share market in its initial stage, Securities Times reported Monday, citing research by Sinolink Securities.

'Puppy love' punishment cancelled after protest

2010-03-22 16:06:58

A scheme to impose fines on students at school for bad behavior has been abandoned after complaints from pupils, according to the Chongqing Evening News.

Comment: Can China live without Google?

2010-03-22 15:05:11

The media’s mass coverage of Google’s retreat from China showcased a war between the biggest search engine company and the biggest Internet market in the world. The Washington Post issued a report on Friday with the headline, “For Chinese people, loss of Google would mean 'nothing but darkness'”, which shows the deeply embedded ideology behind the curtain.

World's 1st AP1000 nuke to power up by 2013

2010-03-22 13:30:02

The world's first generation III AP1000 reactor, the Sanmen nuclear power plant in east China's Zhejiang province, will be put into use by 2013, said Wang Binghua, chairman of the State Nuclear Power Technology Corp.(SNPTC).

'CIC' II to launch this year

2010-03-22 13:05:48

A new State-owned asset managing company, nicknamed "CIC II", will be launched in the first half of this year, the Shanghai Securities News reported today.