Defusing missile tension

President Hu Jintao said last week that China opposes any action that may aggravate tension on the Korean Peninsula after Pyongyang's missile tests and urged for dialogue to solve the crisis.

He made the remarks when meeting with Yang Hyong-sop, vice-president of the Presidium of the Supreme People's Assembly of the Democratic People's Republic of Korea (DPRK).
Hu said China, as a close neighbour of the DPRK, is seriously concerned over its test-firing a barrage of missiles two weeks ago, which he described as "new complicated factors" on the peninsula.

Real estate consistency

The Ministry of Construction, the National Development and Reform Commission and the State Administration for Industry and Commerce have issued a joint circular calling for a crackdown on irregular practices in real estate sales.

The circular, issued last week in Beijing, warns that developers who violate the rules might have their licences revoked.

It orders local authorities to tighten their supervision over the market, including disclosing real-time sales information on all housing projects on the Internet as well as at the sales offices of each project.

The circular tightens control over real estate advertisements and exhibitions, banning developers with bad records from taking part in shows and promotional activities

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