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News & Politics

News & Politics

Chinese Stock Market Rebounds with Banking and Power Sectors Leading the Charge

The A-share market witnessed a remarkable turnaround on July 4, with the three major indexes - the Shanghai Composite Index, the Shenzhen Component Index, and the ChiNext Index - all turning positive by mid-day. The Shanghai Composite Index continued to hit new highs for the year, demonstrating the market's resilience. The total turnover for the two markets reached 86.28 billion yuan, representing an increase of 7.08 billion yuan from the previous trading day, with the trading volume surging to 70.8 billion.

News & Politics

Mother Sells Own Children for Over $11,000, Sparking Widespread Outrage and Calls for Legal Action

The incident of a mother selling her two children for over 80,000 yuan has sparked widespread outrage and condemnation on social media, with many calling for strict legal action against such behavior. The public's reaction reflects a deep-seated belief that such actions are not only morally reprehensible but also a stark betrayal of the fundamental bond between a parent and child. As society grapples with the implications of this event, there is a growing consensus on the need for enhanced vigilance and stringent legal measures to prevent the recurrence of such incidents, underscoring the importance of protecting the welfare and rights of children.

News & Politics

Thousands of Rescue Workers Withdraw from Flood-Hit Rongjiang Amid Emotional Farewell

As flood relief efforts in Guizhou's Rongjiang county near a close, the first batch of over 7,000 rescue workers from 15 counties and cities in Qiandongnan prefecture have begun to withdraw from the area. The local residents, who have been aided by the rescue workers, bid them a tearful farewell, expressing their deep gratitude for the aid they received. The emotional sendoff was a testament to the strong bond formed between the rescue workers and the people of Rongjiang, with many residents waving goodbye and thanking the workers for their selfless efforts. The rescue workers, who had been working tirelessly to clear floodwaters and provide assistance to those affected, were hailed as heroes by the local community, with many residents saying that their bravery and dedication would never be forgotten.