CHN is becoming more like US!!

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Chinese man kills 12 in gun rampage: state media (December 13, 2009, AFP)
Police in central China encircled Sunday a remote hilltop where a gunman suspected of killing 12 people, including his father, was believed to be hiding, state media said. Special police and paramilitary troops have cornered suspect Liu Aibing, 34, on the hilltop in Hunan province and are closing in on him, the Hunan government news website Hongwang reported. Liu is suspected of shooting 12 people dead with a hunting rifle and seriously wounding two others on Saturday in Yinshanpai village, the report said. Six wooden homes were also torched in the rampage, it said. Earlier, Xinhua news agency said 11 people were killed and five homes were destroyed by fire. The killings occurred early Saturday evening, Xinhua said.

 

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Chinese car market overtakes that of United States (December 10, 2009, AP)
China has overtaken the U.S. as the world's biggest market for automobiles, the first time any other country has bought more vehicles than the nation that produced Henry Ford, the Cadillac and the minivan. Now that the Chinese buy more cars and trucks than Americans, the shift could produce ripples for the environment, gas prices and even the kinds of cars automakers design. More than 12.7 million cars and trucks will be sold in China this year, up 44 percent from the previous year and surpassing the 10.3 million forecast in the U.S., according to J.D. Power and Associates.

 

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China outstrips US as center for IPOs (December 15, 2009, AP)
China has outstripped the U.S. in the amount of money raised from stock listings, underscoring the region's stronger economy and a resurgence in investment. Companies have raised nearly $52 billion from initial public offerings on exchanges in Hong Kong and mainland China so far this year, according to financial research firm Dealogic. That's about twice as much as the some $26.5 billion in American IPOs. In 2007, the amount of money raised from IPOs in Hong Kong and the mainland also exceeded the U.S. total.