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CHINA DAILY - Thursday November 27,2008
MAIN SECTION
The central bank yesterday cut the benchmark interest rate by 1.08 percentage points, the highest in 11 years, to stimulate the economy battered by the global financial and other economic woes.
Nation
ATHENS: Cosco Pacific Ltd's agreement to take over the container operations at Greece's biggest port will enable China and Greece to boost cooperation, particularly in the maritime field, visiting President Hu Jintao said on Tuesday.
Nation
SHANGHAI: A Shanghai firm has been ordered to pay Dutch liquor-maker Diageo 1.25 million yuan ($183,000) for copying its packaging, as the city concluded a campaign to fight intellectual property infringement.
China Scene
Girl torturing parents over plastic surgery wish
Insight
Liu Siyang's workload has been light recently. Sunsets over the horizon in the wide, open sea beyond the port have been particularly beautiful.
Comment
This year marks the 30th anniversary of China's adoption of the reform and opening-up policy. At the milestone Third Plenum of the 11th Communist Party of China (CPC) Central Committee, convened on Dec 18-22 30 years ago, the ruling Party made a resolute decision to shift the focus of the country and Party's work to the construction of socialist modernization.
Opinion
The European Economic and Monetary Union (EMU) and the euro are about to celebrate their 10th anniversary. The euro was introduced without serious problems and has since functioned well, with the European Central Bank (ECB) delivering the low inflation that is its sole mandate.
International
Janel Landon, who runs a small PR consultancy in Chicago, has long been aware of the potential of online networks: now in her mid-50s and facing a global recession, she's decided to sign up.
Business
SHANGHAI: Xuzhou Construction Machinery Group (XCMG), China's biggest construction machinery maker, expects its overseas sales to grow 25 percent next year to $1 billion despite the global financial crisis, its chairman said yesterday.
Life
Yang Yang devotes her adult life to helping those less fortunate. Her next events are star-studded affairs in Beijing tomorrow and Saturday, and promise to be her most successful yet. And every day, she is inspired by her grandfather.
Sports
Lang Ping is unlikely to return to China to head up its women's volleyball team despite turning down an offer to extend her contract with the US squad on Tuesday after leading it to a silver medal at the Beijing Olympics.
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