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China news round-up: China prepares for Bo Xilai trial, Venezuela hopes for US$5b loan

PUBLISHED : Thursday, 25 July, 2013, 7:25am
UPDATED : Thursday, 25 July, 2013, 5:32pm

Wall Street Journal
China prepares for Bo Xilai trial.
Premier Li Keqiang says China will speed up railway construction.
Ta Kung Pao*
Ding Xuexiang has been put in charge of President Xi Jinping's secretarial office. He survived the Chen Liangyu scandal and worked with Xi in Shanghai.
Editorial: China should follow a trend that sees well-managed sovereign investment.

Changsha may be the only city with the combination of ambition, and willingness to risk being recognised as a global centre for folly to take on building the world's tallest building.
New York Times
Millions of young Chinese seem to be plunging enthusiastically into the world of social contact apps, often location-based and with a hookup element.
Radio Free Asia
Beijing singer Wu Hongfei has been detained over a weibo post.
The real estate empire Li Guomin built in Bayan Nur has withered in the heat of a corruption scandal.

China News Service*
Small enterprises with sales not exceeding 20,000 yuan will be exempt from VAT and business tax.
Economic Observer
Many SMEs are finding it nearly impossible to come up with the financing they need to stay afloat amid an economic slowdown.
Wall Street Journal
IMAX is joining with China's largest cinema chain to build as many as 120 new theaters in the country.
People's Daily Online*
China has 319 million 3G mobile internet users.

Foreign affairs
China Dialogue
China fails to build trust with Mekong neighbours.
Sri Lanka teams up with Chinese firm for US$1.4 billion port city.
Asahi Shimbun
Japan scrambles jets after Chinese plane flies by southern islands.
El Universal
Venezuela is in negotiations with China over a five billion US dollar loan.

* denotes articles in Chinese language