Wang Zhen

A new round of home buying restrictions has been extended to second and third tier cities in China. Effective Jan. 15, every household is allowed to buy only one home in the central urban area of Wuhan.

Bank loans and an over-issue of currency have increased inflation and consumer prices.

Tourism in southwest China has been threatened by the drought.

“Profits gained from property transactions are reaped by governments, not developers!”

A man has indisciminately stabbed pedestrians in an area south of Tiananmen Square.

The latest official death toll has risen to 184, though the actual number might be much higher.

On Feb. 9, a fire broke out at Beijing’s new China Central Television (CCTV) site, resulting in the death of a 30-year-old fire fighter and costly damages.

China’s fourth quarter GDP growth for 2008 was only 6.8 percent—the lowest growth seen in the past seven years.

Several incidents of melamine contamination this year have noticeably harmed China’s diary industry.