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Tightening property policies to continue
?BEIJING – The country will continue its tightening policies for the property sector, even as housing prices in June saw the first monthly fall since February last year, the Ministry of Housing and Urban-Rural Development said on Monday. ??In a statement on its website, the ministry said it will strictly apply different mortgage policies and [...]
Trade News:WTO confirms ruling against China in autoparts case
WTO confirms ruling against China in autoparts case The World Trade Organisation confirmed on Friday it had ruled against China over its import tariffs for car parts, in the first WTO ruling against China since it joined the global trade body in 2001. The WTO’s dispute settlement panel urged China to bring what it termed [...]
WENCHAN EARTHQUAKE RENEW:Possible link between Wenchuan quake and astronomical phenomena
Experts from the Guangdong Astronomy Association have suggested that the Wenchuan quake might be related to specified astronomical factors. Quake time: first quarter The devastating Wenchuan quake happened on the first quarter (the eighth day of the fourth month of a Chinese lunar year). At 11:47 AM, the moon reached its first quarter, a point [...]