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China Drive, Morning, 2008-11-03
    2008-11-03 14:17:29     CRIENGLISH.com
Broadcast Time: 11:00-12:00, 2008-11-03

           

  • More property transactions were made during the weekend at the Autumn Real Estate expo in Beijing. Average housing prices dropped to below 10,000 yuan per square meter.
  • The fall in egg prices slowed over the weekend, with people shedding their fear of melamine contamination and the government vowing to take all possible steps to ensure food safety.
  • A mother was spared jail after she admitted poisoning and smothering her daughter, a 20-year-old suffering from brain paralysis.
  • China has announced it will build its largest ever museum of contemporary art at the Beijing Yihaodi International Artbase in the first half of 2009.

  • McLaren's Lewis Hamilton became the youngest world champion in Formula One history by the skin of his teeth after a nail-biting Brazilian Grand Prix.
  • Barcelona moved to the top of the Spanish Primera Liga following a convincing away win over Malaga after the season's ninth round of games.
  • In tennis, Jo-Wilfried Tsonga claimed his maiden Masters Series title when he beat Argentine David Nalbandian 6-3 4-6 6-4 in the final of the Paris Masters.
  • In golf, Sweden's Robert Karlsson could afford to finish tied for 32nd place as his Order of Merit challengers fell away on the final day of the Volvo Masters.


Money-Saving Tips

Many people are thinking about cutting back on their spending over worries about jobs or income amid the global economic slowdown. Are you considering spending less? And how? Do you have any money-saving tips to share with us?

 

 

Car Prices Stable in Beijing

The auto market in Beijing usually sees a price reduction period near the end of the year. But this year, most car manufacturers in Beijing seem to have lopped their normal price-dropping policies.

 


 

 

   

 

  • The latest figures of the country's National Bureau of Statistics show that the since China initiated its reform and opening-up policy 30 years ago, the per capita income of rural residents has grown 7.1 percent, while the disposable income of urban residents is up 7.2 percent.
  • The National Bureau of Statistics announced on Friday that China will be considered a moderately well-off society by 2020, if development trends since the year 2000 continue.
  • Intel and manufacturer ASUS have launched a project asking people to say what they would like to see in a PC.
  • The details of about 500,000 online bank accounts and credit and debit cards have been stolen by a virus described as "one of the most advanced pieces of crimeware ever created".

    

The fruit fly scare

Hubei's tangerine sales had stopped since the outbreak of a fruit fly scare in Guangyuan, Sichuan province. And it has been suggested that if the situation persists, Hubei farmers may lose up to 1.5 billion yuan.

   

  • Peter Chan's "The Warlords" is leading the field with 12 nominations in the 45th Golden Horse Awards.
  • Disney's "High School Musical 3: Senior Year" hauled in $15 million to remain the top movie for the second straight weekend, according to studio estimates Sunday.
  • Known as the Oscars of the fashion world, the Elle Style Awards 2008 were held in the 'Shanghai Centre Theatre' in Shanghai on Friday night. The awards turned out to be a red-carpet fashion show of A-list stars and celebrities wearing the most coveted fashion labels.

 

 
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