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Briefs, December 18, 2012

PUBLISHED : Tuesday, 18 December, 2012, 12:00am
UPDATED : Tuesday, 18 December, 2012, 4:26am
 

County-level hospitals told to stop borrowing

Beijing has ordered county-level public hospitals to stop borrowing money after an audit showed some took on too much debt while upgrading facilities, according to an emergency notice distributed this month. The National Development and Reform Commission, the finance and health ministries, and the China Banking Regulatory Commission asked banks to stop issuing new loans and reduce lines of credit to all county hospitals. The contents of the document were confirmed by three people with knowledge of the matter who asked not to be identified because the order has not been made public. Bloomberg

Rocket scientist Tu Shoue dies, aged 95

Prominent rocket scientist Tu Shou'e died on Saturday in Beijing, China News Service reported. He was 95. Tu, a native of Zhejiang , is often referred to as the chief engineer of the country's intercontinental ballistic missiles. He was also the designer of Dongfeng missiles and served as an adviser on the building of the Long March rockets. Staff Reporter

Ex-Zhejiang official to be Guizhou governor

Chen Min'er is being nominated as the next governor of Guizhou , replacing Zhao Kezhi , the website of CCTV reported. Chen spent most of his political career in Zhejiang province , where he was vice-governor from 2007 to 2012, before he became Guizhou vice-party secretary in January. The nomination precedes Chen's appointment. Staff Reporter

2 killed and 5 hurt in molten iron spill

Two people were killed and five sent to hospital after molten iron spilled over a Baosteel refining furnace in Shanghai. The accident happened when the workers were clearing molten slag, Xinhua reported. One worker suffered 99 per cent burns, according to the website of CCTV. Baosteel is China's largest listed steelmaker. Staff Reporter

Taiwan arrests couple accused of fraud

Taiwan has arrested and will deport a couple wanted on the mainland for alleged fraud involving tens of millions of dollars. Officials said Yeh Yanrong and his wife Ho Ti were detained in Taichung city on December 9 for overstaying their visas. They are accused of disappearing with up to 560 million yuan (HK$690 million) from their company, which ran 1,400 prepaid cellphone card stores before it went bankrupt. Agence France-Presse

 

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Briefs, December 18, 2012

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