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REAL ESTATE

Average Housing Prices Up 3.9% Across the Country

The average price of housing in 70 of China's large and medium-sized cities rose by 3.9% in October compared with the same period last year. Data from the National Bureau of Statistics reveals that the average price of housing has been going up on a month-by-month basis for the past eight months.

Economic Information Daily | 2009-11-11

LAW

Supreme Court Offers New Interpretation of Money Laundering

In order to clarify laws related to money laundering, the Supreme Court yesterday announced that they were releasing an official interpretation of what specific activities constitute money laundering. The new definition, which comes into effect today, will help authorities to pursue those who illegaly transfer money.

Financial News | 2009-11-11

CRIME

Nine Sentenced to Death Over Urumuqi Riot Executed

Nine people who had been sentenced to death in relation to violent crimes committed during the riot that took place in Urumuqi on July 5 have been executed. One remaining criminal has had his death sentence suspended. Another 20 people have been charge with a series of offences related to the violent upheaval that shook the city.

Changjiang Daily | 2009-11-10

RESOURCES

China Raises Fuel Prices

Last night, China's National Development and Reform Commission announced that fuel and diesel prices around the country will be raised by 480 yuan per ton from midnight on November 10. The decision translates into an average rise of 0.36 yuan per liter for regular petrol and 0.41 yuan per liter of diesel.

The Beijing News | 2009-11-10

HEALTH

A/H1N1 Flu Death Toll on the Mainland Rises to 30

According to the Ministry of Health, as of November 9, 30 people have died as a result of A/H1N1 influenza on the mainland. The minisrty reported 59,478 confirmed cases of infection, though 38,644 of these confirmed patients have already recovered.

China News Service | 2009-11-10

STOCKS

More Clues About China's International Board

Liu Xiaodong, Vice President of the Shanghai Stock Exchange, revealed that the exchange was working on rules that would allow overseas companies to list on China's domestic stock markets. Liu made the comments during a session of the ongoing China Financial Markets Conference in Beijing.

Securities Times | 2009-11-10

SPORT

Horse Racing in Wuhan

130 jockeys from China and abroad competed in Wuhan's 7th international horse races over the weekend. The meet included six major races and officials suggested that by next year, the Wuhan track might start hosting weekly races.

Hubei Daily | 2009-11-09