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CHINA DAILY E-PAPERS>China Daily
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 Archive
CHINA DAILY - Wednesday October 8,2008
MAIN SECTION
A $6.4 billion deal to sell US arms to Taiwan has ruined years of Chinese efforts to build military trust with the Pentagon, and Washington should bear full responsibility for the consequences, a spokesman for the Ministry of National Defense (MND) said yesterday.
Nation
All foreign-funded companies in China will be unionized by the end of next year, an official with China's top trade union body said yesterday.
Nation
SHENZHEN: The government of Dongguan passed a 1 billion yuan ($147 million) fund on Monday to ease the financial difficulties of small and medium-sized enterprises (SMEs) and processing companies.
China Scene
Newly weds forgo honeymoon for charity
Insight
Most families in Beijing love to gather in front of TV sets after dinner. But Gao Ning, wife of Huang Xiaoying, and his parents have better things to do. They clean the dishes, laze around a bit, change into track suits, put on their sports shoes and leave home.
Comment
The long-sluggish domestic property market has not witnessed a traditional "Gold September and Silver October" sales peak time. It is reported that in September, the housing deal volume in Shanghai, the country's largest city and also economic hub, was only 20 percent of that in the same period last year. More important, surveys show that the real estate market will continue to be sluggish for a certain period. According to the latest questionnaire conducted by the People's Bank of China, the central bank, only 13.3 percent of the polled intend to purchase houses in the last quarter of this year, 1.8 and 2.8 percentage points lower than the third quarter and the same period of last year respectively. The figure is also a record low since 1999.
Opinion
As I just witnessed during my recent visit here, China has made substantial progress in checking the spread of HIV but there is still a long way to go. From an infection unknown only 27 years ago, AIDS has become truly globalized. Today, 33 million people live with HIV around the globe, and 25 million more have died.
International
A controversial novel about the Prophet Mohammad's child bride was rushed to US stores on Monday, nine days ahead of schedule, after the office of the book's British publisher was attacked.
International
Thai Deputy Prime Minister Chavalit Yongchaiyudh quit yesterday after more than 380 people were injured in street clashes with police as campaigners intensified their four-month old bid to unseat the government.
Business
SHANGHAI: Major US financial institutions yesterday denied reports that they are planning to sell lucrative properties in Shanghai in order to maintain an adequate cash flow during the ongoing global credit crunch.
Business
Volkswagen AG, Europe's largest automaker, just became this year's best performing stock on the continent, benefiting from hedge-fund trading strategies and the collapse of Lehman Brothers Holdings Inc.
Life
Antique furniture has a major advantage over other antique items like porcelain and painting: It can be used in everyday life and isn't just for appreciation.
Sports
MOSCOW: Russian football star Andrei Arshavin faces an uncertain future as major international clubs cast covetous glances his way while his club Zenit St Petersburg jealously guards him.
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