China overtakes Japan as number 2 economy and favors euro over the dollar

TOKYO (AP) - Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery. Gross domestic product grew at an annualized rate of just 0.4 percent, the government said Monday, far below the annualized 4.4 percent expansion in the first quarter and adding to evidence the global recovery is facing strong headwinds. The figures underscore China's emergence as...

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QiXi Story – The Chinese Valentine’s Day

                         Lovers meeting on the bridge of magpies   Today is the Chinese Valentine’s Day: QiXi festival.It is a legend of love story, but there are several versions. Here is one version: Long time ago, there was an orphan living with his brother and his wife. He is smart and diligent, but his sister-in-law still dislike him. Every morning before sun rise,...

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DRINKING ALONE WITH THE MOON

 DRINKING ALONE WITH THE MOON                Li Bai    From a pot of wine among the flowers  I drank alone. There was no one with me  Till, raising my cup, I asked the bright moon   To bring me my shadow and make us three.    Alas, the moon was unable to drink   And my shadow tagged me vacantly  But still for a while I had these friends     To cheer me through the end of spring...  I sang. The moon...

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Pan Gu Makes the World

In the beginning , the heavens and earth were still one and all was chaos. The universe was like a big black egg, carrying Pan Gu inside itself. After 18 thousand years Pan Gu woke from a long sleep. He felt suffocated, so he took up a broadax and wielded it with all his might to crack open the egg. The light, clear part of it floated up and formed the heavens, the cold, turbid matter stayed below to form earth. Pan Gu stood in the middle, his...

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Welcome

Dear all, welcome to my home! I hope you will enjoy he...

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