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Prison job fair matches 413 inmates with jobs

2010-09-28 15:04:35

The first job fair for inmates was held in Yuzhou Prison in Southwest China’s Chongqing municipality on Monday.

Ping-pong player blames food in China for his ban

2010-09-28 14:53:41

German table tennis player Dimitrij Ovtcharov said it is quite possible some unclean food he ate in China during the Aug 18 to 22 China Open has led to his temporary match ban after he tested positive for the banned substance clenbuterol on Aug 23, Beijing News reported Tuesday.

Preschool closures revisit a sore spot

2010-09-28 11:10:52

More than 1,350 private pre-schools in East China's Fujian province have been closed for failing a security and hygiene inspection. It is not known how many pupils in all will be affected by the mass closures.

Imposing pressure on RMB won't work

2010-09-27 16:19:22

To solve the currency problem and achieve mutual benefits, peaceful talks with China, rather than adding outside pressure, is more sensible. China will not bend on its yuan policy and has its own approach to development issues such as climate change and human rights.

Chongqing launches 'tax refund policy' for 1st-home buyers

2010-09-27 16:11:07

Chongqing municipality has launched a new subsidy policy for first-home buyers, the Shanghai Securities News reported Monday.

91% unsatisfied with home price: Survey

2010-09-27 14:58:07

The majority of Chinese people are feeling the pinch of buying an apartment under the current high prices, with 91 percent saying they were unsatisfied with their regions' housing prices, People's Daily reported Monday.

Marriage contract requires man to pay a million yuan

2010-09-25 17:56:08

A poor man has to sign a prenuptial agreement before his rich mother-in-law agrees to let the man and her daughter get married, Wuhan Evening News reported.

New assets management firm to be launched

2010-09-25 15:50:29

China's third State-owned assets management company will be launched sometime around the National Day Holiday period in a bid to speed up restructuring of the country's State-owned assets and trim the number of State-owned enterprises.

Shangang cuts price of its steel products

2010-09-21 16:33:51

Chinese steel maker Shandong Shangang Group cut the price of its deformed steel bars by 100 yuan per ton on Sept 21, the first State-owned steel mill to lower its product price in September, the National Business Daily reported Tuesday.

PE firms to invest in SouFun

2010-09-21 15:13:44

Private equity (PE) firms General Atlantic LLC and Apax Partners each agreed to invest in SouFun Holdings Ltd for $163 million to acquire a 19 percent stake in SouFun at its initial public offering (IPO) price, Caijing.com.cn reported Tuesday.

Gome spat makes Chinese business cautious about foreign investment

2010-09-21 14:06:39

The recent row between jailed ex-chairman Huang Guangyu of Gome Electrical Appliances Holding Ltd and its current chairman, Chen Xiao, over control of the retail empire might push the foreign institutional investors and China's professional managers in a corner.

NBA player Yi says no to mixed marriage

2010-09-17 12:06:13

Three years into the NBA as well as the American life, Chinese basketball star Yi Jianlian doesn't seem to have changed who he was in terms of his views on love and marriage, as he gives a point-blank "No" when asked about whether he would consider a mixed marriage.