Briefing+Book

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**TIME Magazine** **Article #5, Why More Chinese Singles Are Looking for Love Online** Chinese poeple are starting to register more and more everyday for online dating websites. Users say they are just too busy with work and school to have time to look for a companion. Chinese parents usually expect their children to be married by the time they are 30 years old so many of them feel pressured by their parents.

**Article #3, Indifference as a Mode of operation at Chinese Schools** Last December, one of China’s top state elementary schools, Fangcaodi International School, nearly became a statistic in the rising number of “mass incidents” here. Some parents now are threatening to demonstrate at the school gates unless the principal agreed to ban cars from driving throughout the campus, after a first grader was nearly killed in an accident involving a school car on the playground the month before. China passed Japan for the second largest economy, now following the U.S. at number one economy. Tokyo said that Japan’s economy was valued at about $1.28 trillion in the second quarter, slightly below China’s $1.33 trillion. Japan’s economy grew 0.4 percent in the quarter, Tokyo said, substantially less than forecast. That weakness suggests that China’s economy will race past Japan’s for the full year.
 * New York Times Magazine **
 * Article #5, Chinese Passes Japan as Second-Largest Economy **

The Hong Kong Mercantile Exchange began trading U.S. dollar-denominated gold futures on its electronic platform Wednesday, in an attempt to lure commodities traders in Asian-Pacific economies away from bourses in Chicago and London. More Chinese cities saw new home prices rise in April compared with the previous month, and price growth has risen a tad in some major cities despite a fall in transactions, underscoring challenges the central government faces in curbing prices. Many owners are getting upset about the raising prices.
 * Wall Street Journal **
 * Article #2, Hong Kong Exchange Begins Gold Trading **
 * Article #3, New Home Prices Up in Most China Cities **