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CHINA DAILY - Saturday July 4,2009
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Developed countries' proposals to impose "carbon tariffs" on imports will violate WTO rules and go against the spirit of the Kyoto Protocol, the Ministry of Commerce (MOFCOM) said on Friday.
In search of dry land
People punt a makeshift raft in a bid to get around in  rain-flooded Rongshui, the Guangxi Zhuang autonomous region, on Friday. Heavy rain has hit more than 20 townships in the region and caused widespread flooding.   Long Linzhi
Nation
SHANGHAI: The collapse of a Shanghai high-rise last Saturday was not due to cost-cutting on the part of its builders - as some rumors have suggested, local authorities announced on Friday.
China Scene
Woman in man's clothing is leader of drug gang
Comment
The collapse of a 13-storey building in Shanghai's Minhang district last week has sent shivers down the spines of homeowners as well as potential buyers, who have either spent or are ready to spend their life savings on a dream house.
Beijing Weekend Guide
Guests invited to the Independence Day celebration at the new US Embassy last week might not know what to make out of the compound. It's ultra-modern, yet it has a whiff of traditional China in it. The earth tone and the narrow passageways are reminiscent of a Beijing hutong. A smattering of bamboo and a lotus pond are faintly southern China.
Good Weekend Guide
With its Zen-like ambience and calming, open-space design, the newly opened PuLi Hotel and Spa transports guests to another time and place, far from the bustling streets of downtown Shanghai.
Globalthinktank Summit
China's excess savings should flow toward developing countries to help correct global imbalances, central bank governor Zhou Xiaochuan said on Friday, indicating the country's resolve to diversify its $2 trillion worth of foreign exchange reserves.
International
WASHINGTON: President Barack Obama said former Russian President Vladimir Putin and his hand-picked successor should expect an in-person reminder the Cold War is over when the US leader makes his first trip to a Moscow summit.
Sports
HOUSTON: Houston Rockets forward Ron Artest verbally agreed to join Kobe Bryant and the NBA champions Los Angeles Lakers on Thursday.