Ticketsfortheopeningceremonyofthe2008BeijingGameswillrunfrom200-5000yuan($26-640).
Ticketsfortheclosingceremonywillbe$19-385.
Fourteenpercentofallticketswillofferedtostudentsata5-10yuan(60centsto$1.20)
Ticketpricesforqualifyingmatchesgofor$4-40....forfinalsdoublethat.
Approximately58%ofallticketscanbeboughtforlessthan$12(100yuan).Continuereading...
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Thisisridiculous.Thiswoman,ifguilty,oughttohavethesamethingdonetoher,piecebypiece.
AwomannamedChinaArnold(seriously)hasbeenarrestedonsuspicionofmurderingherinfantdaughterbymicrowavingthebaby.Continuereading...
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Americanuniversitiesarenottheonlyonesthatcanmakestupidinvestmentdecisions.
TianjinUniversity,oneofChina'sbest,lost$12millionbecausethepresidentoftheschool,personally,lent$12milliontoaShenzhencompanythatwentbellyup.
ThisisjustoneexampleofpoorfinancialmanagementinChina'smanycollegesanduniversities.Continuereading...
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China'scoalindustryisproducingaboutthreebilliontons.Prettygood?
Notsogood.
ThoughChina'scoaloutputhasdoubledsince1996,butexportsarefalling,down13.6%fromlastyear.Continuereading...[
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Thestudentrecitedpito67,890digits.Thatis50numbersperline,40linesperpage=34pagesofrandomnumbershememorized.
Andforgoodreason,too.
SomeancientChinesemathematicianiscreditedwithdiscoveringpiso,thestudentsaid,Chineseshouldwinthepirecitationcontest.AJapanesefellowsetthepreviousrecordof42,195digits(thenumberofmetersinamarathon)in1995.Continuereading...
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TheChineseyuanhityetanotherhigh-7.8402=$1...theparityratesetbythePeople'sBankofChina.
Thevalueoftheyuanhasrisenby3.33%sinceJuly2005.AndBeijingandtheUSareexpectingthischangetomakeadifferenceinthe$202billiontradedeficitsetlastyear.
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TheNanjingFiatCEOsaidthattheFiatGroupisplanningona500millioneurofuelinjection($650million)overthenextfiveyears.
China'soverallcarsalesincreasedby45%forthefirstninemonthsofthisyear,butFiatsawtheirsalesdownby7%toonly23,000units.
ThecashinfusionisFiat'swayofsayingtheystillhaveavisionforthejointventure...ortheyhavemoneytoburn.Continuereading...
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Chinaseemstobetryinghardtocrackdownonpiratedmaterial.Atleastthat'swhatthenewsreportsaresaying.
Ina100-dayanti-piracycampaignChina:
1.seized58millionillegalpublications
2.closeddownFourpiratedDVDproductionlines
3.Investigated10,000casesofIPtheft
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Tibetwasthelastlocationinchinawherestudentswhograduatedfromuniversitywereguaranteedajob.
Nomore.
Ofthe2,730collegegradsthisyearinTibet,700arestilllookingforwork.
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Theamountoffixed-assetsinvestmentinChina'stransportsectorisscheduledtoreach938.4billionyuan($119billion)up18.4%fromlastyear.
That'showmuchinvestmentwillhappenthisyearONLY!Continuereading...
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