More Media Digests

Tax misery ranking evokes debate

2011-09-01 18:48

The high rate of taxation has once again become a thorny issue for discussion after a new survey by Forbes magazine ranked China second in the world in terms of tax misery.

Making a traditional painting with cans

2011-09-01 18:00

A woman has done a modern version of a famous Song Dynasty (960-1279) painting with about 700 soft drink cans, getting her work into Guiness World Records as the longest can picture

School uses lucky draw to select class monitor

2011-09-01 17:48

A primary school in Beijing is relying on chance to select class monitor as the new semester begins.

High tax stifles aircraft leasing business

2011-09-01 17:54

High taxes and a complex approval procedure are restricting the development of the Chinese aircraft leasing industry.

Largest furniture chain caught selling fakes

2011-09-01 15:35

Red Star Macalline (Red Star), China's largest furniture retail chain, has been caught selling fake furniture, China Business News (CBN) reported Thursday.

Home-loan credit may tighten

2011-09-01 15:33

Mortgage loans will be harder to get following the central bank's latest move to further tighten liquidity, Shanghai-based National Business Daily (NBD) reported Thursday.

Profits gained by China's centrally-administrated State-owned enterprises (SOEs) came at a slower rate in the first seven months of this year, according to a State Council meeting presided by Premier Wen Jiabao on Wednesday.