Hao Hao ReportThe best China news and blog posts

One of the policies agreed during the Fourth Cross-Straits Economic, Trade and Cultural Forum was for three banks to earmark 130 billion yuan (US$19 billion) to help Taiwan-funded businesses in the mainland cope with the global financial crisis over a period of three years.

Overseas banks see huge profit potential in the Chinese credit and debit card markets. They can’t help but notice that Chinese banks have already issued over 1.8 billion cards. According to industry analysts, credit cards in China will grow at about 35% between 2008 and 2012.

Chinese police have detained 10 people in connection with the collapse of an underground railway tunnel being built for next year's Olympic Games in Beijing.

Six workers were reported to have been killed when the tunnel caved in last Wednesday.

State media has reported that the construction firm waited at least eight hours before reporting the accident to the authorities.

It is claimed that the company mounted an elaborate cover-up and tried to rescue the trapped workers on its own.

A travel agency refuses to return a Chinese man's passport, so the man goes to the police station to ask for help. The police refuse to help him. He then makes a sign and gets on his knees in front of the police station waiting for the police to help him.

A 2-year-old girl was left with serious injuries after a woman stabbed her in the back in an underground shopping mall on Friday morning, police said.

I took this two shots with my Yashica T3 during 2006 when i was on my way to the Shanghai Museum in summer. It was in the late afternoon, there was a lot of people crossing the busy streets around Nanjing Road, People's Square and Xizang Road. This old lady sat down near a cross junction attracting lots of attention from passer-bys. She was not performing or basking. She was apparently outcrying to the public for some wrongs done to her, seeking justice and attention. There were a couple of street police and traffic police trying to clear the crowd. I took the shots quickly and left.

New media reports & surveillance video show that the young university student that was beaten to death first started attacking the 6 police officers. Chinese netizen were originally sympathetic and critical of the police but now many feel the student got what he deserved.

Shanghai Daily reported that China's 1.3 billion people may spend as much as 1 trillion yuan ($126 billion) eating out this year.

That comes to about $100 per ....

A police officer with the Dalian Railroad Department fired five shots to kill a family of three who had showed up to demand compensation. The local government and publicity department censored all news. All information on websites were deleted and the media were not allowed to cover the story. The world still do not know what will happen to police officer Su Kai who fired the shots as well as the results of the police investigation.