Economic Observer News- China business, politics, law, and social issues

PROPERTY: China to Pass Laws Regulating Land Expropriation; Shen Kui, a professor at Peking University Law School, told Beijing news that law-makers are planning to regulate government expropriation of collectively-owned land. The proposed law will address problems such as unjust compensation, the use of violence in land seizures, and the future welfare of farmers who have lost their land.; The Beijing News | 2010-09-17

LAW: Deputy Director of Local Police Station to Stand Trial Today; Zhang Lei, deputy director of a local police station in Guizhou province, will stand trial today. On January 12, 2010, he shot two people to death when attempting to solve a dispute among the victims and three other villagers. Zhang has already confessed to the crime.; China Online | 2010-09-17

AIR CRASH: Relatives of Victims of Yichun Air Crash to Sue General Electric; Relatives of the victims of the Yichun air crash have decided to file a lawsuit against General Electric because, although the E190 airliner was made in Brazil, its main engine CF34-10E was produced by General Electric. Currently, the relatives have been provided with a compensation of 960,000 yuan per victim, but have been required to give up any further claims; they feel this arrangement is unsa...; 21st Century Business Herald | 2010-09-16

VIDEO: Video Websites Required to Inspect their Content; The National Copyright Administration has required 15 popular video websites, including UUSee, Sina, Youku and Sohu, to inspect the video content they provide. The video content on those 15 websites account for 80 percent of the total videos broadcasted by Chinese video websites.; The Beijing News | 2010-09-16

TECHNOLOGY: Train Ticket Purchases to be Made by Phone; China UnionPay has signed a strategic cooperation agreement with the Ministry of Railways to make it possible for people to buy train tickets via mobile phone, telephone, Internet and ticket issuing machines. Liu Hongrun, deputy director of the finance department of the Ministry of Railways, said that it may be possible for people to purchase tickets via Internet this year, though he didn’t mentio...; The Beijing News | 2010-09-16

LAW: China to be Tough on Food Safety Crimes; Criminals who have severely violated food safety laws should be sentenced to the death penalty, according to a notice released by the Supreme People’s Court, Supreme People’s Procuratorate, the Ministry of Public Security and the Ministry of Justice yesterday.; The Beijing News | 2010-09-16

RETIREMENT: China Currently not Postponing Retirement Age; An anonymous official with the Ministry of Human Resource and Social Securities told a reporter with People’s Daily Online that the central government was currently not considering postponing the retirement age.; People’s Daily Online | 2010-09-16

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Citizens Express Anger toward Local Governments by Committing Suicide: On September 10th, in an effort to save their home, three family members attempted self-immolation.; Source:Sourthern Daily

CASS: 40% of Government Income from Non-tax Revenue: The Chinese government collected 10.8 trillion yuan in fiscal revenue in 2009, equivalent to 32.2 percent of the country's GDP for the year.; Source:China Academy of Social Science

ADVERTISING: Interview with Sir Martin Sorrell - Chief Executiv...; The EO sits down with the chief executive of the world's largest advertising group