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CHINA DAILY - Tuesday October 21,2008
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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.
A salesperson promotes a product in front of a commercial poster at an electronics shop in Tokyo yesterday.  Japanese consumer sentiment stayed near a record low in September, reinforcing concern that spending at home is unlikely to prop up the economy.The Nikkei average, however, climbed 3.6 percent yesterday as a softer yen and upbeat earnings reports improved sentiment. Reuters
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.
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.
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.