Friday, October 31, 2003

News

China Did Not Violate Trade Law, U.S. Says: The Bush administration said Thursday that China was not manipulating its currency to gain an unfair trade advantage, a finding that angered Republican and Democratic lawmakers whose states have been hard hit by job losses they blame on cheap foreign goods.

Wal-Mart to open first Sam's Club in SW China: Wal-Mart Stores Inc., the world's largest retailer, is expected to set up its first Sam's Club in Guiyang city, capital of southwest China's Guizhou province in 2004.

In defence of Chinese characters: The existence of so many Chinese dialects makes a writing system based purely on phonetic representation impractical. For instance in rural China one villager can observe marked difference in the accent of another villager who lives only a few kilometres away.

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