In Moody's downgrade, the agency claimed that increases in China's local government financing platforms and debt owed by SOEs would lead to rising government contingent liabilities, which Zhang said was "unscientific."
In March, Malaysian prosecutors withdrew the murder charge against Siti Aisyah, the Indonesian woman who was charged together with Huong in the case. Aisyah was then released.
In May, the German chemical company BASF signed a deal with China to build a solely owned petrochemical factory with investment of billion in Zhanjiang, Guangdong.
In November, police found that bank and mobile cards, as well as citizens' personal information, had been sold by individuals online.
In South China's Guangdong province, one of the country's major economic powerhouses, high-tech and new-industry sectors are powering economic growth, along with the upgrade of traditional manufacturing.
In September, Zhu Xiaohu, founder of GSR Ventures — who have led investments in Ofo — proposed a merger between Ofo and Mobike, as the two companies have secured a combined 95 percent of the Chinese bike-sharing market.
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In Yanjin county in the city of Zhaotong, rescuers are searching for six people who went missing after a flood caused by heavy rain.
In South China's Guangdong province, one of the country's major economic powerhouses, high-tech and new-industry sectors are powering economic growth, along with the upgrading of traditional manufacturing.
In October of 2010, the Heihe Intermediate People's Court announced 11 defendants, including Tang's parents, uncle, teacher, neighbors and the village head, guilty for rape and forced prostitution. They were given sentences ranging from five years in prison to life imprisonment.
In October, the PBOC also granted 24.95 billion yuan to financial institutions through the standing lending facility (SLF) to meet provisional liquidity demand.