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China News Broadcast, August 9, 2012: Gu Kailai’s Trial and July’s CPI

Friday, August 10, 2012 14:31
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The murder trial of Gu Kailai was held today, in Hefei city in Anhui province. She is accused for the murder of British citizen Neil Heywood and other “economic crimes.” It ended after 7 hours. The verdict will be delivered at an unspecified later date. An electronics factory in China has been using children as workers according to a New York based labor advocacy group. China Labor Watch carried out an undercover investigation in June and July on HEG Electronics—a Chinese supplier for the electronics giant Samsung. Small businesses in Shenyang City in China's Liaoning Province closed down starting in August in silent protest against what they say is extortion by local authorities. Taiwan and China have signed two agreements meant to protect Taiwanese investors in the Mainland. The pacts had been stalled after Taiwanese authorities wanted to put in more stringent measures. Data released on Thursday by China's National Bureau of Statistics shows that the Consumer Price Index rose 1.8% in July, a decrease from the 2.2% seen in June. China's corporate debt levels are causing concerns among some observers of the country's economy. According to those worried over the debt figures, they could create problems in a number of ways, from availability of loans to flexibility in the face of a general China's state-run oil giant Sinopec has promised to clean-up Hong Kong beaches covered with tons of tiny, and potentially toxic, plastic pellets. The pellets, dubbed “mermaid tears,” came
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