Housing investment a bust? – Fear of housing bubble triggers investor shift

Despite a promising economic outlook, the country remains plagued by surging home prices. Though the government passed measures to curb soaring property prices and stop speculation, change will not come in the near term.

Mountain renamed after Avatar

(Reuters) – A craggy peak in a scenic part of southern China has been renamed after floating mountains featured in Hollywood blockbuster Avatar, with the province hoping to cash in on the movie’s massive success.

Western Union targets Chinese remittance market

Western Union, a global remittance agency, is marketing itself as a safe and reliable medium for overseas workers to send money home.

Substitute teachers left in the cold by system

The Ministry of Education halted recruitment of new substitute teachers last Thursday while telling local governments to pay its laid-off substitutes. The move brought an extra chill to a winter punctuated by record lows.

Chen Guangbiao’s show – Top philanthropist criticized for seeking publicity

A photograph of philanthropist Chen Guangbiao beside a wall of 100-yuan bills is spreading online. He recently raised 40 million yuan, 3 million of which was from his own pockets, for poor families in five provinces.

Woman wants Jessica Alba surgery to win back boyfriend

(AP) –A Shanghai woman is so keen to win back her ex-boyfriend that she plans to undergo plastic surgery to transform herself into his favorite actress: Hollywood star Jessica Alba.