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CHINA DAILY - Thursday June 26,2008
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Tropical storm Fengshen brought more rain and misery to southern China yesterday, throwing life out of gear in the economic hubs of Hong Kong and Shenzhen.
Waves swell in Victoria Harbor as a typhoon hit  Hong Kong yesterday. Business on the stock exchange and public transport services were suspended after tropical storm Fengshen brought high velocity winds and heavy rain to the city. Hong Kong's observatory issued the No 8 typhoon warning for the first time this year, the third highest of a four-stage storm warning system indicating gales or storm-force winds. AFP
China Scene
The Shaolin Temple is a world famous Buddhist pilgrimage site in Henan Province. It was built in AD 477, and has long been associated with the development of Shaolin martial arts techniques.
Insight
Rising prices have been hitting the poor and low-income in many Chinese cities hard.
Comment
Last Thursday, the National Development and Reform Commission (NDRC), the country's economic watchdog, announced the rise in prices for gasoline and diesel by 1,000 yuan ($144.9) per ton and the price for aviation kerosene by 1,500 yuan ($217.4) per ton from June 20. And from July 1, the price of electricity will also be raised by 0.025 yuan per kilowatt.
Opinion
China should consider establishing an independent government agency for the reconstruction after the Wenchuan earthquake, and more importantly, to develop a comprehensive hazards management and risk mitigation system, experts attending a World Bank workshop on earthquake relief work suggest.
Special Supplement
Astride a branch of the Yangtze River, Changsha, capital of Hunan province, provides fertile ground for budding entrepreneurs, said Mayor Zhang Jianfei.
Life
MILAN: East will meet West next summer for Giorgio Armani male fans with Asian inspired long shirts, shantung trousers and fitted jackets, the Italian designer suggested in his menswear show, which won him loud applause.
Olympics
CHICAGO: A revolutionary bodysuit has divided the world of swimming into the haves and the have-nots just weeks before the Beijing Olympics, testing relationships between federations, athletes and rival suppliers.
Sports
LONDON: Glamor girl Maria Sharapova promised something different at Wimbledon and she didn't disappoint, turning up dressed in a racy take on a men's tuxedo for her first-round victory.