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Society

Confession 'Mistress forced me to take bribes'

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By David Cao
David Cao
03 December 2009
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Shen Zhiqiang

A former chief of the salt administration bureau in Guangdong province admitted in court to accepting bribes during his tenure, saying his mistress forced him to do so.

Shen Zhiqiang, former director of the Guangdong salt administration bureau, accused of receiving 650,000 yuan ($95,200) in bribes, pleaded guilty in the Guangzhou Intermediate People's Court, the Guangzhou Daily reported.

Shen said he accepted the money only because his "mistress threatened to expose their relationship" if he refused.

Besides Shen, six other officials will also be tried for their involvement in what is believed to be one of the biggest salt related graft cases ever exposed in the country.

Read more: Confession 'Mistress forced me to take bribes'

Chinese 'baby stealer' arrested

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By David Cao
David Cao
03 December 2009
Hits: 1291

Baby stealer

Police at the Xi'an Xianyang airport of Xi'an, capital of Shaanxi province, hold the rescued newborn who was allegedly stolen 10 hours after being born in hospital on Nov 20.

A young woman who admitted that she stole a baby from a hospital to hide an abortion from her boyfriend was arrested Wednesday, and the baby has been reunited with her family.

Ge Qianru, 20, from a suburb of Xi'an, capital of Shaanxi province, said she had been living with her boyfriend in Guangdong province and was six months pregnant with his child.

Read more: Chinese 'baby stealer' arrested

Mooncakes and money, 60 years in China

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By BBC
BBC
02 December 2009
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In the 60 years since Mao Zedong proclaimed the establishment of the Communist state, China has seen more changes than almost anywhere else on earth.

In Xi Bai Xin, on the northern edge of Beijing, I met an old man who has experienced it all.

His name is Mr Wang and he is 78 years old. When I spoke to him, he was standing at a market stall heaped high with produce, appraising the "si gua" - big vegetables like outsized courgettes.

The changes he has seen include: the establishment of Marxism-Leninism and the collectivisation of the land; the appalling upheavals of the Cultural Revolution; the great famine that killed millions; the alleged coup headed by Mao's favourite, Lin Biao, and his escape and death when it failed and the rise of the radical leftist Gang of Four.

Read more: Mooncakes and money, 60 years in China

China rejects EU call to let its currency exchange rate up

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By BBC
BBC
02 December 2009
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Chinese Prime Minister Wen Jiabao has rejected European pressure to let its currency rise against the Euro.

Speaking at a summit with EU leaders in Nanjing, Mr Wen said it was unfair of Europe to demand exchange rate changes while maintaining trade protectionism.

For the last 18 months, China has kept the yuan pegged to the weakening US dollar, hurting EU exports to China.

Mr Wen said maintaining China's exchange rate at a stable level had helped the world economic recovery.

Speaking after talks with European leaders and officials, Mr Wen said China would maintain what he called a reasonable and balanced exchange rate.

He said the stability of the yuan against the dollar had benefited China's economic development as well as the global recovery.

Read more: China rejects EU call to let its currency exchange rate up

Military-style, cult pyramid schemes hit China

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By CNN
CNN
02 December 2009
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Pyramid scam

"We can be friends, and we can offer you a good life," the woman said to the class filled with new investors.

If any were skeptical, they didn't show it. Next came the young man, neatly dressed wearing a tie. He stood at a chalkboard writing mathematical equations that he said explained how this formula for investing would make them all rich.

Then came the big promise -- if everyone followed the formula, they could make $36,000 a month. Some cheered, others gasped, according to a video obtained by CNN,

This is all standard for pyramid selling -- but in China, it takes on another twist.

Often new members in the pyramid scheme are kept locked in semi-military style dormitories, isolated from the outside world and then inundated with promises of incredible returns on their investments.

Read more: Military-style, cult pyramid schemes hit China

More Articles …

  1. Chinese state media reveal secret, illegal jails
  2. 3 Porn Websites, 10 years jail time
  3. Time not right for stimulus policy exit: China, EU
  4. Chinese gay struggle to step out of the closet
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Banking

  • China's Gold VAT trade reform aims to tax free for investment
  • China's digital RMB transactions top 14.2 trillion yuan
  • Renminbi asset appeal spurs dim sum bond market
  • UnionPay International Expands European Footprint with Strategic Partnerships and Enhanced Payment Network
  • China T-bond move seen safeguarding financial stability

Business China

  • Spring Festival Returns Ignite Service Consumption in Small Cities: Leisure and Entertainment Orders Up Nearly 30%
  • China's Auto Output and Sales Hit New Highs in 2025
  • China's record-breaking 45-trillion-yuan foreign trade volume in 2025
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Real Estate

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  • LANZHOU NEW AREA new ghost town in China
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  • China's NEV output tops 16 million units as exports double
  • World's first methanol dual-fuel VLCC "Kaituo" delivered in Dalian
  • China's superconducting quantum prototype 'Zuchongzhi 3.2' achieves key breakthrough
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