Front Page of the Day is a daily review of the news on the front page of one Chinese newspaper. Today’s page comes from the paper’s website.
August 21, 2007
The Daily Sunshine is part of the Shenzhen Newspaper Group and is published out of Shenzhen, Guangdong Province. Its unusual English name comes from the fact that the character 晶, “clear and bright,” in its Chinese name is 日, “sun” repeated three times.
The headline of today’s Daily Sunshine reports that some Chinese citizens are now allowed to invest directly into overseas securities on a trial basis, according to new rules released by the State Administration of Foreign Exchange on Monday. The Binhai New Area in Tianjin is the location of the initial pilot program, which allows residents to invest in the Hong Kong stock market. Previous rules limited foreign investment to institutions.
The front page picture shows a China Airlines (Taiwan) Boeing 737-800 exploding into flames at an airport in Okinawa, Japan, after arriving from Taiwan on Monday. All 165 passengers and crew aboard escaped safely. Police quoted in the article said that the cause was a fuel leak, and that the episode had no connection with terrorism.