DAP: The breaking news in Cambodia: “Four detained over fatal building collapse in northwest China” plus 9 more

DAP: The breaking news in Cambodia: “Four detained over fatal building collapse in northwest China” plus 9 more


Four detained over fatal building collapse in northwest China

Posted: 29 Jun 2011 01:07 AM PDT

XI'AN, June 29 (Xinhua) -- Four people have been detained over a building collapse that killed seven workers in northwest China's Shaanxi Province on Saturday, the local government said Wednesday.
Among the four detainees was Zhang Shuangquan, a villager from the outer Weiyang District of the provincial capital city of Xi'an.
Zhang hired 12 workers to build an additional floor on top of his privately-owned five-story building, said the city's safety chief Zhang Jianmin.
The seven workers were killed when the structure collapsed at 4:30 p.m. Saturday.
The safety official said that Zhang's construction project was illegal, as he never received approval for the project from the local government. He added that the building's structure and the materials used to build it were not up to local safety standards.
Police have also detained the project's contractor, He Gouwa, and two other people in connection with the fatal accident.
An initial investigation showed that the house's owner was renovating the building after being told that the building would be demolished. He reportedly wanted to add the extra floor in order to get more compensation from the local government after the building's demolition.

32,000 non-Communist Party members work in government agencies, legislatures, judicial

Posted: 29 Jun 2011 01:02 AM PDT

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BEIJING, June 29 (Xinhua) -- About 32,000 Chinese who were not members of the Communist Party of China (CPC) worked in various levels of government agencies, legislatures and judicial departments by the end of 2010, an official said here Wednesday.
They were from China's democratic parties or had no party affiliation, Chen Xiqing, deputy head of the United Front Work Department of the Communist Party of China (CPC) Central Committee, said at a press conference.

China has indisputable sovereignty over South China Sea islands: spokesman

Posted: 29 Jun 2011 01:02 AM PDT

BEIJING, June 29 (Xinhua) -- China has indisputable sovereignty over the South China Sea islands and their surrounding waters, a Chinese official said here Wednesday.
Safeguarding the sovereignty is a common responsibility for Chinese living on both sides of the Taiwan Strait, Yang Yi, spokesman with the State Council's Taiwan Affairs Office, said at a press conference.

Xinhua home news advisory -- Jun.29

Posted: 29 Jun 2011 01:01 AM PDT

BEIJING, Jun.29 (Xinhua) -- Following are home news items to be covered or pursued by Xinhua on Wednesday:
-- Xinhua Insight: Communist Party strengthens cadre training by revolution review and international exchange  
-- Machinery industry to maintain stable growth
-- A slump oil price helps China ease inflation pressure
-- China's A-shares lost 140 billion dollars of market value in first half
-- Sluggish sales prompt anxious banana farmers in southern China's Hainan turn to netizens for help

TV News Magazine: CHINA VIEW
1, Click on Today
2, Tainted Chrysanthemums Sparks Fear for Food Safety
3, In the Steps of a Master Traveler
(14:30,19:30, 23:00)

Editor's Notes: China View from CNC World is a 30-minute daily English in-depth news program that brings global audience a panorama of what happens across China and face-to-face interviews over hot issues in China that interest people around the world.
Global viewers can tune into CNC English programs via Asia-Pacific Satellite-6 at 134 degrees east longitude, with parameters set as "6065MHz/3840MHz." The programs can also be viewed at www.cncworld.

ChiNext Index opens higher Wednesday

Posted: 29 Jun 2011 01:01 AM PDT

BEIJING, June 29 (Xinhua) -- ChiNext Index opened at 844.85 points Wednesday, 0.67 points higher than the previous close.
The index, officially launched on June 1, 2010, on the Shenzhen Stock Exchange, has a base value of 1,000 points.
The ChiNext Index, together with the Shenzhen Component Index and the Shenzhen SME (small and medium-sized enterprises) Board Index, makes up the three core indices reflecting the performance of China's stocks listed on the Shenzhen Stock Exchange.

China stock index futures open mixed Wednesday

Posted: 29 Jun 2011 01:00 AM PDT

BEIJING, June 29 (Xinhua) -- China's stock index futures opened mixed on Wednesday with the contract for settlement in July, the most actively traded, up 9 points at 3,050.
The August contract opened 5.6 points higher at 3,055.
The contract for settlement in September opened 1.6 points higher at 3,063.2 points.
The contract for settlement in December opened at 3,111.8 points, unchanged from the previous close.
The stock-index contracts, agreements to buy or sell the Hushen 300 Index at a present value on an agreed date, are designed to allow investors to bet on and profit from both gains and declines in the market.
The index futures were launched at the China Financial Futures Exchange (CFFEX) and started trading from April 16, 2010. The CFFEX has set the base value for all the four contracts at 3,399 points.

Fires leave 3,865 dead, 1,967 injured between 2008 and 2010

Posted: 29 Jun 2011 01:00 AM PDT

BEIJING, June 29 (Xinhua) -- Fires resulted in the deaths of 3,865 people and injured 1,967 others between 2008 to 2010, according to a report submitted on Wednesday to the Standing Committee of the 11th National People's Congress, the country's top legislature.
According to the report, about 398,000 fires occurred between 2008 and 2010, incurring property losses of 5.21 billion yuan (0.8 billion U.S. dollars) during the three years.
Minister of Public Security Meng Jianzhu said the country's rapid industrialization and urbanization have created new challenges for fire control.

China's stocks open mixed Wednesday

Posted: 29 Jun 2011 12:59 AM PDT

BEIJING, June 29 (Xinhua) -- China's stocks opened mixed on Wednesday, with the benchmark Shanghai Composite Index down 0.07 percent to open at 2,757.4.
The Shenzhen Component Index opened at 12,048.86, up 0.01 percent.

Market exchange rates in China -- June 29

Posted: 29 Jun 2011 12:59 AM PDT

BEIJING, June 29 (Xinhua) -- Following are the central parity rates of the Chinese currency Renminbi (RMB) against seven major currencies announced on Wednesday by the China Foreign Exchange Trading System:
Currency           Unit          Middle Price (in RMB yuan)
U.S. Dollar        100                647.18
Euro               100                928.99
Japanese Yen       100                7.9933
Hong Kong Dollar   100                83.133
British Pound      100                1,034.84
Malaysian Ringgit  46.959             100
Ruble              434.49             1008
The central parity of RMB against the U.S. dollar is based on a weighted average of enquired prices from all market makers before the opening of the market in each business day.
The central parity of RMB against the other six currencies is based on the central rate of RMB against the U.S. dollar of the same business day as well as the exchange rates of the six currencies against the U.S. dollar at 9 a.m. of the same business day in the international foreign exchange market.

Flooded coal mine traps 6 in east China's Shandong

Posted: 29 Jun 2011 12:57 AM PDT

JINAN, June 29 (Xinhua) -- At least six people are trapped underground after an illegal private coal mine was flooded Tuesday night in east China's Shandong Province, local government sources said Wednesday morning.
The accident occurred at around 9:00 p.m. Tuesday at Shantou Village of Zhaili Township of Zibo City.
Rescue work is under way, and cause of the accident is being investigated.

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