Bank Head Resigns
Ma Weihua, President of China Merchants Bank, resigns from the post of the bank's Party chief. Ma's term as CMB president will end in June
Poisoning Victim
Zhu Ling, a former student of Tsinghua University in Beijing, has drawn renewed public attention recently. She fell ill in Tsinghua in December 1994. Later, doctors found that she had been poisoned with thallium

"Food safety crimes seriously harm people's health, and severely disturb the order of the market economy. We'll resolutely fight against those crimes and impose harsher punishments."

Sun Jungong, a spokesman for the Supreme People's Court, at a news conference in Beijing on May 3

"It makes no sense to erect a statue to celebrate students' exam results."

Yang Yuan, a 19-year-old Tsinghua University freshman, in response to a statue of himself erected by Laifeng County High School in central China's Hubei Province where he studied before going to college. Yang scored the highest in the 2012 national college entrance examination in Enshi Tujia and Miao Autonomous Prefecture last year

"I can't imagine what I will be like in 10 years, when I still won't be able to afford a house or even a car."

Chen Yu, a 31-year-old program editor at a TV station, on May 3. Soaring prices and a complicated household registration system are preventing many young Chinese from obtaining their first home

"Many doctors and nurses sometimes ignore risks from their work and have never been trained or educated in how to protect themselves."

Li Huijuan, a lawyer specializing in doctor-patient cases, in response to a tragedy in which a doctor trying to escape assault by a patient's family fatally fell from the third floor of the hospital building in Guantao County, Hebei Province, on May 5

The Stagflation Era of the Real Estate Market

South Reviews
May 7

In the past 10 years, the Chinese real estate market has boomed, benefiting local governments and real estate developers alike. Income from land sales has become the largest part of local authority revenue. Such earnings have risen from 540 billion yuan ($87.7 billion) 10 years ago to 2.85 trillion yuan ($460 billion), taking up a half of local fiscal revenues.

Poisonous Ginger

Shanxi Evening News
May 7

It was recently reported that farmers in Weifang, east China's Shandong Province, were found to have cultivated ginger using toxic pesticide. Experts say the use of toxic pesticide during planting not only poisons produce, but also pollutes the local environment.

Local ginger farmers are aware of the harmful effects of pesticide, but they are more interested in economic profits. The incident has revealed that effective legal supervision is lacking.
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Back to Normal Teachers, students and volunteers attend a flag-raising ceremony in Lushan Middle School in Lushan County, Ya’an City in southwest China’s Sichuan Province, on May 6, 16 days after a 7.0-magnitude earthquake jolted the city and surrounding areas (BAI YU)
Out to Sea Thirty Chinese fishing vessels set off for the Nansha Islands in the South China Sea on May 6. The ships will remain around the Nansha Islands for 40 days. A supply ship and a transport vessel will be accompanying the fleet (XIA GUANNAN)
Food Safety
China will punish the production and sale of unsafe food products more harshly to combat increasingly severe food scandals
Free Lunch
More than 30 million students in rural China are benefiting from a nutritional lunch program launched by the government
Polluters Punished
China's environmental watchdog has punished 15 factories, as well as companies in two industrial parks, for violations resulting in water or air pollution
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Lucrative Vegetable Yin Zuohai, a villager from Fushun County, north China’s Hebei Province, holds a self-grown tomato. Fushun County invested heavily in guiding local villagers to grow green and organic vegetables (YANG SHIYAO)
Taxi Fare Hike A taxi driver waits for passengers outside the Beijing Raiway Station on May 7. Taxi fares will rise in Beijing in an effort to address drivers' complaints over low salaries amid a soaring cost of living in the capital (LI WEN)
Non-Manufacturing Sector Shrinks
The purchasing managers index for the non-manufacturing sector stood at 54.5 percent in April, down 1.1 percentage points from the previous month
Foreign Trade Rebound
China's foreign trade volume grew by 15.7 percent year on year in April, faster than the 12.1 percent increase in March, according to the customs data
Video Website Acquisition
China's online search leader Baidu Inc. will pay $370 million to buy the online video business PPS, in its latest attempt to grab market share in the highly competitive industry
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Cracking Down on False Trading
Hot money largely from Hong Kong has been flooding into China through false trading and illegal capital inflows and outflows
More McCafes
McDonald's Corp., the world's biggest restaurant chain, will open at least 200 McCafes in China this year
Quality Accusation
Nongfu Spring, one of China's biggest bottled water companies, files a lawsuit against The Beijing Times over reports that its products fail to meet national standards
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  • THE UNITED STATES
    A fire service helicopter douses a massive wildfire on May 3 near Camarillo, California (XINHUA/AFP)
  • SOUTH KOREA
    Performers wearing traditional garb march at the re-opening ceremony of Namdaemun, or the South Gate, in Seoul on May 4. The landmark architecture, first built in 1395, was burned down in an arson attack five years ago (XINHUA/AFP)
  • MADAGASCAR
    A local resident watches a swarm of locusts fly above a field in a village 600 km southwest of Antananarivo on May 4. A locust plague recently hit Madagascar, jeopardizing the country’s agriculture (HE XIANFENG)
  • TURKEY
    A soldier demonstrates a battlefield simulation system developed by a Turkish company at the 11th International Defense Industry Fair in Istanbul on May 7 (LU ZHE)
  • JAPAN
    Children play beneath colorful carp-shaped flags in a riverside park on May 2 in Sagamihara, Kanagawa Prefecture, to celebrate Japan's Children's Day (XINHUA/AFP)
  • IRAN
    Former top Iranian nuclear negotiator Hassan Rouhani waves while registering his candidacy for the upcoming presidential election in June at the Ministry of Interior in Tehran on May 7 (XINHUA/AFP)
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