CHINA DAILY E-PAPERS>China Daily
Archive
CHINA DAILY - Tuesday December 9,2008
MAIN SECTION
As top policymakers ponder ways to ensure GDP growth of at least 8 percent next year, the government is "very likely" to initiate cuts in business tax to add impetus to the slowing economy.
A woman walks past a board displaying the Hang Seng Index chart in Hong Kong yesterday. Hong Kong share prices closed 8.7 percent higher, lifted by hopes that Beijing would announce more market-boosting measures to boost its economy. The benchmark Hang Seng Index rose 1,199 points at 15,044. Stocks on the mainland and other Asian markets also rose. AFP
China Scene
Son's singing voice wakes mother from 2-year coma
Insight
The heaps of golden corn cover Cui Shulan's small yard under the early morning sun, waiting to be tossed into a wooden cage raised with four stilts.
Comment
Many Chinese people have shown an increasing interest in the possible course of Sino-US relations during the new US administration under Barack Obama. There have been concerns over whether the incoming administration will follow the model of its predecessors in developing ties with China.
Opinion
The latest economic leaders' meeting of Asia-Pacific Economic Cooperation (APEC) issued a statement unanimously opposing trade protectionism, reiterating the APEC spirit and calling upon nations to refrain from erecting new barriers against investment and trade. It also urged states to protect the WTO principle of multilateral free trade and join hands in preventing the financial crisis from worsening.
International
Thailand's opposition Democrat Party called yesterday for an urgent parliamentary session to select a new prime minister, claiming it had won over enough lawmakers to form a coalition government.
Business
Forced sales demanded by creditors and government-brokered transactions may provide the only consolation for bankers in what promises to be the slowest year for mergers and acquisitions since 2004.
Life
Guo Xiao, a 34-year-old single woman working as a mid-level manager in a Beijing branch of a foreign bank, is philosophical about turning down dates. Having passed the "best marriageable age" for city women, conventionally recognized between 25 to 30 years old, Guo refuses to rush into marriage. "Marrying 'Mr Wrong' is even worse than being single," she says.