Beijing, Oct. 11 : A new traffic restriction went into effect in Beijing from Saturday, which is expected to help sustain the hard-won smooth traffic and good air quality during the Olympic Games.
Under the new traffic restriction, 70 percent of government vehicles, as well as all corporate and private cars, will take turns off the roads one out of the five weekdays as of Oct. 11, according to the Beijing Municipal Committee of Communications.
Beijing - Shares in China's main stock market lost more than 3 per cent Friday to end the worst week on record down 12 per cent, despite government measures aimed at stabilizing financial markets.
The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, lost 3.57 per cent to close at 2,000.57 points, while the smaller Shenzhen Component Index also plunged again.
Beijing - Riot police beat and detained protestors in southern China's Guangdong province after more than 500 people blocked a main road because of a dispute with local officials, residents and a US-based rights group said on Thursday.
"The farmers who were the leaders of the protest were arrested by the police," one local resident told Deutsche Presse-Agentur dpa by telephone from Guangdong's Sanjiang township.
Another local resident said Sanjiang was "quiet" on Thursday, following the riot on Wednesday.
Beijing - China's health ministry on Thursday raised the number of infants hospitalized for problems linked to the consumption of tainted milk powder to 47,000, with more than 10,000 still under treatment.
A total of 36,144 children were released from hospitals nationwide after treatment for kidney problems and other ailments believed to be linked to melamine-contaminated milk powder, the ministry said on its website.
Beijing - China's central bank on Wednesday cut its base interest rates and the reserve ratio for commercial banks, in moves designed to bolster the economy against fallout from the global financial crisis.
Base interest rates for deposits and loans will be reduced by 0.27 percentage points from Thursday, while the required reserve ratio of deposits to loans will be lowered by 0.5 percentage points from October 15, the People's Bank of China announced via state media.
Beijing, Oct. 11 : A new traffic restriction went into effect in Beijing from Saturday, which is expected to help sustain the hard-won smooth traffic and good air quality during the Olympic Games.
Beijing - Riot police beat and detained protestors in southern China's Guangdong province after more than 500 people blocked a main road because of a dispute with local officials, residents and a US-based rights group said on Thursday.
Beijing - Pakistan Pr
