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CHINA DAILY - Tuesday October 21,2008
MAIN SECTION
China's economic growth slid to a five-year low in the third quarter as a worsening global credit crisis put the brakes on exports and threatens to drag annual growth to a single digit this year.
Nation
DONGGUAN: As many as half of all toy manufacturers in the Pearl River Delta could go out of business within the next two years, an industry expert said yesterday, following the closure of the Smart Union toy factory here last week.
China Scene
Lion dancers break their own Guinness record
Caexpo Special
The fifth China-ASEAN Expo (CAEXPO) has become a widely anticipated event both at home and abroad.
Comment
Before the flame of the Olympic torch was extinguished, debates on the outlook of China's economy had already taken over the heat. Questions were raised as to the sustainability of China's post-Olympic economy. Is it likely to experience a sort of downturn?
Opinion
September and October are shaping up to be hard months in a precarious year. A meltdown in financial, credit, and housing markets. The continuing stress of high food and fuel prices and the dangers for poverty and malnutrition. Anxieties about the global economy.
International
Two US fighter planes were scrambled and ordered to shoot down an unidentified flying object (UFO) over the English countryside during the Cold War, according to secret files made public yesterday.
Business
As the US financial crisis starts to take its toll across the globe, China is set to reverse its monetary policy stance from the previous tightening cycle to ward off a potential economic downturn, analysts said.
Business
ING Groep NV, the biggest Dutch financial-services firm, will get a 10 billion euro ($13b) lifeline from the Netherlands after mounting credit-market losses drove the stock to a 13-year low.
Life
After journeying more than 10,000 km around China in a minivan, rock band P.K.14 came to the 28th, and final, stop of their 2008 tour in Beijing. The band performed a carnival-like gig to end their long march at Mao Live on Oct 11.
Sports
ROME: Zlatan Ibrahimovic fired champions Inter Milan to the top of Serie A with a brace in a 4-0 thrashing of AS Roma in the capital's Olympic stadium on Sunday.
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