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

WEATHER: Storm Continues in Southern China; China Meteorological Administration warned on May 18 that for the next three days, a storm will continue to strike China's southern provinces.; China Radio International | 2010-05-18

LAW: Huang Guangyu Sentenced to 14 Years in Jail; Huang Guangyu, founder of China's largest home appliance retailer - Gome, who has been charged with illegal business dealings, insider trading and bribery, has been sentenced to 14 years in jail. He has also been fined 600 million yuan and his personal property worth 200 million yuan has been confiscated.; Justice Net | 2010-05-18

CENSORSHIP: Zhao Zuohai: The Government Has Asked Me Not to Speak With Reporters; After being wrongfully imprisoned for 11 years for a murder he did not commit, Zhao Zuohai, a farmer from Henan's Shangqiu city, was finally freed on May 9th and awarded a "state compensation" of 650,000 yuan on May 13th. His case attracted widespread attention from the media; however, he has revealed to reporters that his local government has asked him not to speak with the press.; The Beijing News | 2010-05-17

NATURAL DISASTER: Southern China to be Hit by Rainstorm in Ten Days; Southern China is predicted to be hit by another rainstorm in ten days time, pushing the average amount of precipitation in southern China up to 50% of the average level of previous years, according to the National Meteorological Center. The center also warns local governments to intensify safeguarding methods against possible effects of the storm storm including floods, landslides, debris flow, t...; The Beijing News | 2010-05-17

EDUCATION: Children of Migrant Workers to be Allowed to Take CEE in Cities Where Their Pare...; The Ministry of Education has called on local branches to pilot the policy of allowing children of migrant workers to take part in the College Entrance Examination (CEE) in the cities where their parents work. Local educational bureaus who want to pilot the policy should first hand in an application and propose an implementation plan.; The Beijing News | 2010-05-17

CRIME: Huang Guangyu Case to Be Sentenced May 18; The sentence against Huang Guangyu, founder of China's largest home appliance retailer Gome, who was charged with insider trading, illegal business dealings and bribery, will be announced on May 18 at Beijing No.2 Intermediate People's Court.; Legal Daily | 2010-05-17

LAW: Shenzhen Tears Down "Palace-on-the-Sea"; A luxurious private club on the Shenzhen City coast which was constructed several years ago without permission from the local government, began to be torn down yesterday by order of the Shenzhen Longgang District People's Court. According to a media report, this palace-like building cost its owner one hundred million yuan and was given the name by its owner, "palace-on-the-sea".; Guangzhou Daily | 2010-05-14

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A Glimpse of Failing Health Care Reform: Recent events in Hunan province have exposed just how hard it will be for the government to achieve affordable healthcare for all.; Source:Legal Daily

China Issues New Guidelines to Develop Private Economy: A new document is introduced to encourage and guiding China's private investment.; Source:Economic Observer

YEAR-END SPECIAL: Year-end Special: China's Road to Recovery; A digital book tracing the economic developments that have shaped China over the past year...