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SCMP online

Politics and policy
Chinese securities regulator warned investors be cautious in using "program-oriented trading", saying it "severely destabilizes the stock market". (thepaper.cn)
 
Over 6,300 government "zombie" websites have been shut down during the first sweeping inspections of over 85,000 official websites across the nation. (Southern Metropolis Daily)   
 
Diplomacy and defence
The People’s Liberation Army (PLA) in a report on its air strategy lays out plans to broaden its air surveillance and attack capabilities to the western Pacific including the vicinity of Japan to ensure its command of the air. It emphasizes the need to develop nine types of “strategic equipment” such as a strategic bomber. (AP)
 
The remains of a dead Chinese security officer, and two other soldiers wounded in a terrorist attack in Somalia near the Chinese embassy last week have returned home to Jinan, Shandong province, and were met by representatives from the Ministry of Foreign Affairs and the PLA. (CCTV)
 
The State Council and PLA dispatched 100 armed police officers to Nepal to repair a highway blocked by a landslide over the weekend after receiving an emergency aid request from the Nepalese government. (Xinhua)
 
Economy and business
Four million Chinese tourists are expected to travel to Japan this year, a two-thirds increase from last year, thanks to a weaker yen that cutting travel costs and an outbreak of Middle East respiratory syndrome which makes South Korea less desirable. (Bloomberg)
 
Society
The father and lawyer of a Shanghai university student sentenced to death after being found guilty of poisoning and killing his roommate in a high-profile case pleaded to the Supreme Court to revoke the capital punishment. (Beijing Times)  
 


August 3: Securities regulator warns 'program-oriented trading'; Visitors to Japan expected to surge 

An investor reads a newspaper as an electronic board shows stock market data at a securities brokerage house in Beijing, China. Photo: EPA

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China In 3 Minutes

China In 3 Minutes | August 3: Securities regulator warns 'program-oriented trading'; Visitors to Japan expected to surge