DRESS CODE
Wearing what you
want may backfi re > p11
DRIVING STEADILY
Car sales recover but
challenges loom ahead
> BUSINESS, PAGE 9
LONG-LOST FLIGHT
After 75 years, the search for
missing pilot Earhart continues
> WORLD, PAGE 6
chinadaily.com.cn RMB ¥1.5SATURDAY, JULY 7, 2012
CHINADAILY
NATION
New Party chief
An offi cial is parachuted
into Shifang, becoming the
fi rst Party chief of the city
where residents took to the
streets earlier this week to
protest a planned copper
plant. > p3
On China
Th ink tanks around the
world grapple as they come
to terms with a rapidly
changing China. > p4
WORLD
Islands visit
Th e Foreign Ministry said
the landing of two Japanese
citizens on the Diaoyu
Islands seriously violated
China’s territorial sover-
eignty. > p7
BUSINESS
Apple’s new battle
A Shanghai technology
company took Apple to
court, accusing the US
giant’s Siri application —
which off ers the intelligent
personal assistant services
— of infringing the Shang-
hai company’s patent. > p9
IN THE NEWS
In this issue
NATION ..................................2-4
COMMENT ................................ 5
WORLD .................................. 6-8
BUSINESS .......................... 9, 10
LIFE ...................................... 11-14
SPORTS .............................15, 16
国内统一编号:CN11-0091 国际
标准
excel标准偏差excel标准偏差函数exl标准差函数国标检验抽样标准表免费下载红头文件格式标准下载
编
号:ISSN0253-9543 邮发代号:1-3
A member of the Asia News Network
Contacts
News
(86-10) 6491-8366
Subscription
(86) 400-699-0203
Advertisement
(86-10) 6491-8631
E-mail
editor@chinadaily.com.cn
iPhone app
chinadaily.com.cn/iphone
© 2012 China Daily
All Rights Reserved
Vol. 32 — No.10039
Jin Jun feeds penguins at the Shanghai Zoo last month. GAO ERQIANG / CHINA DAILY
IN SAFE HANDS
PHOTO BY OUYANG XIAOFEI / FOR CHINA DAILY
Medics check babies, freed from suspected traffi ckers, in a welfare center in Xingtai, Hebei province, on Wednesday.
Th e infants were among 181 children who were rescued by police in a recent nationwide crackdown on human traf-
fi cking. See story on page 3.
s
Singapore
to give HK
a run for
its money
Trading shares in yuan will help
‘raise currency’s global status’
By GAO CHANGXIN
in Shanghai and
OSWALD CHEN in Hong Kong
Singapore’s stock exchange
plans to start listing securities
denominated in the yuan as
it challenges Hong Kong and
Tokyo for a bigger share of
equities and currency trad-
ing from the world’s second-
largest economy.
The move is also seen by
analysts as a boost to the Chi-
nese mainland’s ambition to
internationalize the yuan.
Singapore Exchange Ltd, or
SGX, announced on Friday
that it is ready to list, quote,
trade, clear and settle securi-
ties denominated in the yuan
as the city-state strives to be
an off shore trading center for
yuan assets.
“SGX, as the Asian gate-
way, is committed to being
the exchange of choice for
issuers with RMB fundrais-
ing needs and for investors
who are keen to participate in
the China growth story,” SGX
CEO Magnus Bocker said in
a statement.
“The listing and trading
of RMB securities on SGX
will also extend Singapore’s
position as an off shore RMB
center.”
Issuers listing yuan securi-
ties on the exchange have the
option of off ering dual curren-
cy trading, either in the yuan
or Singapore dollar, according
to the exchange, which is the
world’s fi rst exchange to off er
the clearing of over-the-coun-
ter foreign exchange forwards
for the yuan.
The first-ever offshore
yuan IPO was conducted in
Hong Kong last year, where
billionaire Li Ka-shing’s Hui
Xian Real Estate Investment
Trust raised 10.48 billion
yuan ($1.65 billion). There
are no yuan-denominated
stocks in Singapore.
Global fi nancial centers are
scrambling for opportunities
in the surging off shore trad-
ing of yuan assets, boosted
by growing offshore yuan
deposits accumulated in part
through yuan-denominated
trade settlement.
Singapore is competing
against Hong Kong, Tokyo,
London and many others
to capture the yuan’s grow-
ing off shore activities, as the
Chinese mainland encour-
ages the yuan’s cross-border
fl ow.
In April, London issued
its first yuan-denominated
bond, totaling 1 billion yuan.
SEE “YUAN” PAGE 2
Penguin caretaker
one cool customer
By SHI YINGYING in Shanghai
shiyingying@chinadaily.com.cn
So what’s black and white
and red all over?
A penguin with mosquito
bites.
“You’d be proven wrong if
you thought heat is our pen-
guins’ biggest enemy during
summer,” said Jin Jun, a pen-
guin keeper at the Shanghai
Zoo.
“Mosquitoes are.”
She said that unlike the
Emperor Penguin, which can
only be found in cold climates -
and only a few species live that
far south — African penguins
adapt better to the hot summer
temperatures.
“But the strange thing is
I kept finding these tiny red
spots that looked like sties on
each penguin’s upper eyelids
almost every summer and I
couldn’t fi gure out what they
were,” Jin said.
“Th at kept puzzling me until
one day I was driven crazy by
the annoying mosquitoes in
the zoo — and I suddenly real-
ized my little fl ightless fellows
were covered with feathers
from head to toe except their
eyelids!”
The 43-year-old has since
used a liquid mosquito killer
to keep the insects at bay.
Aft er 10 years working with
the penguins at the zoo, Jin
knows the personalities of the
33 birds in the penguin build-
ing and can recall where the
ancestors of each came from —
zoos in Japan and the Nether-
lands — despite the fact they’re
African penguins.
Yet even in the partially
enclosed environment that is
equipped with a cool pool, air
conditioning is still necessary
for the penguins in the 34 C
summer.
“We hide three air condi-
tioners under the rocks so that
zoo-goers won’t see them,” Jin
said, pointing to one and add-
ing that they’re the penguins’
favorite spots during summer.
Adult African penguins usu-
ally grow to 70 centimeters tall
and weigh between 2 and 5
kilograms, Jin said. Th ey have
a black stripe and black spots
on their chests, and the pattern
is unique for every penguin,
like human fi ngerprints.
“It’s the cutesy-cutesy,” said
Jin, who has the wholesome,
patient, competent-in-the-wild
style every mother would want
for her child’s camp counselor.
“People say, ‘Ohhh, they look
like they’re wearing little tux-
edos.’ As an animal person, I
don’t care for it. I would rather
see respect for the animal.
They look the way they do
for a particular reason. When
they swim in the ocean, for the
predators, looking up, white
is hard to see. Looking down
from above, the black is cam-
oufl age.”
According to Jin, penguins
are social animals, and when
she opens the door to the
enclosure a young penguin
rubs its head against her leg.
“Th ey’re like a dog or cat that
needs patting from its owner.
Once I pat them, they’ll make
a funny bray,” she said.
African penguins are also
known as “jackass” penguins
for their donkey-like bray.
SEE “BIRDS” PAGE 3
Patients may share cost of AIDS therapy
By SHAN JUAN
shanjuan@chinadaily.com.cn
China is considering having
patients pay part of the cost for
AIDS treatment, a service the
government has offered free
since 2003, an offi cial said.
Under the planned co-pay-
ment model, the government
will continue to off er free, basic
treatment, especially for those
with financial problems, but
patients can choose to pay for
better medicines and therapies.
Th e move is designed to solve
a shortage of government fund-
ing amid a rise of HIV/AIDS
patients in China, Sun Xinhua,
an offi cial of the disease preven-
tion and control bureau of the
Ministry of Health, told China
Daily on Th ursday.
Th e co-payment model can
also give patients access to better
treatment, Sun said.
“With limited government
funding, patients with the
fi nancial ability should help pay
for parts of their antiretroviral
therapy,” he said, adding how
much the patient should pay has
not been decided.
Since 2003, the government
promised to provide free medi-
cation only for underprivileged
AIDS patients, but in reality
has been off ering antiretroviral
therapy — a treatment needed
for full-blown AIDS patients
— free of charge for everybody.
A rise in the number of full-
blown AIDS patients will make
the practice “unsustainable”,
Sun said.
By the end of 2011, more
than 150,000 AIDS patients
were receiving antiretroviral
therapy, statistics from the
ministry showed.
By 2015, the number of
HIV/AIDS patients in China
is expected to reach 1.2 mil-
lion, from 780,000 by the end
of 2011, according to official
estimates. That means more
HIV carriers will become full-
blown AIDS patients and need
antiretroviral therapy in the
coming years.
“Without shared responsi-
bilities among government,
society and patients, the treat-
ment can hardly sustain itself
until then,” said Zhang Linqi,
director of the Comprehensive
AIDS Research Center at Tsin-
ghua University.
Some patients said they are
willing to pay some of their
medical bills in exchange for
better treatment.
Th e AIDS Care Center at the
Dermatology and Venereol-
ogy Institute in Wuhan, Hubei
province, began charging
AIDS patients 200 yuan ($30) a
month in a pilot program since
June last year.
In return, those patients
receive better follow-up services
and drug regimens, which have
fewer side eff ects and improve
adherence, according to Zhao
Min, the chief physician at the
center.
The center now has 79
patients on antiretroviral ther-
apy, she told China Daily on
Friday.
A 33-year-old patient, who
preferred to be called Xiao
Zhou, told China Daily: “Of
course, I highly welcome better
drugs that are free of charge,
but given the reality and lim-
ited government funding, I
accept paying part of the costs.”
SEE “AIDS” PAGE 2
24 / 32
24 / 31
25 / 29
26 / 30
24 / 33
24 / 33
26 / 32
27 / 32
25 / 29
25 / 29
31 / 35
29 / 37
23 / 27
22 / 26
27 / 35
27 / 36
23 / 31
23 / 30
26 / 31
27 / 32
25 / 32
26 / 32
24 / 32
24 / 32
27 / 34
27 / 34
25 / 33
25 / 34
16 / 26
18 / 28
23 / 29
23 / 28
SATURDAY
SUNDAY
22 / 29
22 / 30
18 / 27
18 / 29
TRAVELER’S FORECAST
Chengdu
Urumqi
Beijing
Xining
New
Delhi
Kathmandu
Thimphu
Yangon
Singapore
Jakarta
Kuala Lumpur
Bangkok
Vientiane
Ulaanbaatar
Shanghai
Bandar Seri
Begawan
Macao
Hong
Kong
Guangzhou
Manila
Hanoi
Taipei
Seoul
Pyongyang
Tokyo
Lhasa
CHINA
AMERICAS
JULY 7-8SAT - SUN
LOW/HIGH TEMPERATURES, IN DEGREES CELSIUS,
AND EXPECTED CONDITIONS
C Cloudy
D Drizzle
Du Dust
F Fog
O Overcast
R Rain
Sh Shower
S Sunny
Sn Snow
St Storm
T Thunderstorms
weather
ASIA-PACIFIC-MIDDLE EAST
EUROPE
BuenosAires 5 / 12 C 5 / 13 C
Chicago 25 / 35 C 23 / 33 O
Caracas 25 / 32 C 25 / 32 C
Houston 24 / 33 T 24 / 32 C
Las Vegas 24 / 35 S 25 / 37 S
Los Angeles 17 / 21 O 17 / 23 C
Mexico City 14 / 23 C 14 / 25 O
New York 23 / 36 C 26 / 30 C
Ottawa 16 / 27 C 15 / 24 C
Rio De Janeiro 20 / 26 S 20 / 24 C
San Francisco 12 / 20 O 12 / 20 C
Sao Paulo 15 / 20 O 15 / 18 R
Vancouver 12 / 22 C 12 / 21 C
Washington 24 / 37 C 25 / 37 C
Athens 21 / 36 S 23 / 37 S
Berlin 20 / 25 Sh 18 / 28 C
Brussels 16 / 22 C 14 / 20 Sh
Geneva 16 / 28 S 14 / 28 T
Istanbul 22 / 29 C 22 / 30 S
London 14 / 20 C 13 / 20 O
Madrid 15 / 33 S 16 / 34 S
Moscow 16 / 26 C 15 / 26 C
Paris 13 / 22 C 13 / 22 Sh
Rome 18 / 29 S 18 / 30 S
Vienna 22 / 28 C 22 / 29 C
CHINA
AFRICA
21 / 27
20 / 31
Cairo 24 / 35 S 23 / 35 S
CapeTown 9 / 16 Sh 7 / 15 C
Johannesburg 7 / 17 S 7 / 15 Sh
Lagos 23 / 27 O 22 / 26 O
Nairobi 12 / 24 C 13 / 24 C
Abu Dhabi 24 / 44 D 24 / 44 R
Bangkok 26 / 32 O 27 / 32 O
Colombo 27 / 31 C 26 / 31 O
Dubai 33 / 38 S 31 / 38 S
Hanoi 27 / 33 Sh 26 / 34 O
Islamabad 28 / 38 C 28 / 38 O
Jakarta 24 / 32 C 24 / 31 C
Karachi 29 / 33 O 27 / 32 O
Kuala Lumpur 24 / 33 O 24 / 33 O
Manila 25 / 32 O 26 / 32 O
Mumbai 27 / 31 Sh 26 / 30 Sh
New Delhi 31 / 35 O 29 / 37 C
Pyongyang 21 / 31 O 20 / 31 O
Riyadh 28 / 43 S 28 / 44 S
Seoul 21 / 27 C 20 / 31 C
Singapore 25 / 29 Sh 26 / 30 O
Sydney 10 / 15 C 8 / 15 C
Teheran 27 / 38 S 27 / 38 S
Tokyo 23 / 27 O 22 / 26 D
Wellington 8 / 12 C 7 / 11 C
Yangon 25 / 29 Sh 25 / 29 Sh
Beijing 22 / 29 T 22 / 30 O
Changchun 20 / 31 S 21 / 31 S
Changsha 29 / 37 S 29 / 37 S
Chongqing 26 / 36 C 27 / 36 C
Dalian 20 / 28 S 21 / 26 S
Fuzhou 27 / 37 C 27 / 37 S
Guangzhou 25 / 33 Sh 25 / 34 C
Guilin 26 / 34 Sh 26 / 34 C
Guiyang 22 / 29 C 22 / 29 C
Haikou 25 / 32 T 25 / 32 C
Hangzhou 28 / 36 T 28 / 37 C
Harbin 19 / 32 S 21 / 34 S
Hefei 27 / 35 T 27 / 36 C
Hohhot 20 / 29 Sh 18 / 28 D
Hongkong 26 / 31 T 27 / 32 C
Jinan 25 / 34 C 22 / 29 R
Kunming 17 / 25 Sh 18 / 26 Sh
Lanzhou 15 / 29 Sh 18 / 27 D
Lhasa 11 / 23 O 12 / 23 Sh
Lijiang 17 / 24 Sh 16 / 26 D
Macao 26 / 31 T 27 / 32 C
Nanchang 28 / 36 S 28 / 36 S
Nanjing 26 / 34 T 26 / 34 C
Nanning 25 / 33 Sh 25 / 33 Sh
Qingdao 22 / 28 C 22 / 25 C
Sanya 26 / 32 Sh 26 / 32 Sh
Shanghai 27 / 34 T 27 / 34 C
Shenyang 20 / 32 C 21 / 31 C
Shenzhen 27 / 33 Sh 27 / 33 C
Shijiazhuang 25 / 32 T 22 / 26 R
Suzhou 28 / 35 T 28 / 35 T
Taipei 27 / 35 T 27 / 36 C
Taiyuan 22 / 28 D 20 / 24 R
Tianjin 25 / 32 C 25 / 30 T
Urumqi 18 / 27 C 18 / 29 S
Wuhan 27 / 35 C 28 / 35 C
Xiamen 26 / 33 C 26 / 34 C
Xi’an 23 / 30 R 24 / 30 R
Xining 12 / 24 Sh 13 / 21 Sh
Yantai 21 / 29 S 22 / 28 S
Yinchuan 19 / 28 O 19 / 29 O
Zhengzhou 24 / 30 T 25 / 29 R
Zhuhai 26 / 32 Sh 27 / 32 S
2 nation | digest C H I N A D A I L Y S A T U R D A Y, J U L Y 7 , 2 0 1 2
FROM PAGE 1
Hong Kong also took a step
forward this week, as lenders
in the city are allowed to extend
yuan loans to companies in the
Qianhai Bay development zone
in Shenzhen, created in part to
test a freer yuan.
Th ere are more than 4,000
Chinese companies operat-
ing in Singapore and 142 of
them are listed on SGX with
a total market capitalization
of $606 million as of June 30,
according to stock exchange
data.
Ong Chong Tee, deputy
managing director of the Mon-
etary Authority of Singapore,
the country’s central bank, said
last month that yuan depos-
its in Singapore had grown to
about 60 billion yuan. Singa-
pore-based companies such
as Global Logistics Properties
and Singamas issued renminbi
debts in 2011.
Singapore’s central bank is
one of 17 central banks that
have bilateral swap agreements
with the People’s Bank of Chi-
na, the central bank. It also
inked an agreement with the
PBOC on the establishment of
a representative offi ce in Beijing
last month, the third overseas
representative offi ce following
London and New York.
Nathan Chow, a Hong Kong-
based economist with DBS
Group Holdings, a Singapor-
ean bank, said that Singapore
faces two challenges on its road
to becoming an off shore yuan
center.
First, the Singapore dollar
has appreciated by more than
10 percent against the yuan
over the past decade, and the
constant appreciation makes
investors reluctant to hold the
Chinese currency, he said.
Second, the amount of yuan
is limited in the city-state,
which means the market will
lack liquidity.
Th ere is currently around 60
billion yuan in deposits in Sin-
gapore, around one-tenth of
that in Hong Kong.
“But I am bullish on Singa-
pore as it could facilitate yuan
trading in the ASEAN coun-
tries should it become an off -
shore center,” Chow said.
SGX’s move to begin yuan-
denominated securities trad-
ing will not pose a threat to
the yuan-denominated busi-
ness of Hong Kong Exchanges
and Clearing Ltd, analysts
said.
“SGX was always flexible
enough to introduce innovative
fi nancial products to compete
with the HKEx,” said Dickie
Wong, a Hong Kong-based
analyst and director at Kings-
ton Securities Research.
“Th ere is no doubt that SGX
also wants to get a slice of the
yuan-denominated share trad-
ing business.”
However, Wong said that
Hong Kong will still be the pri-
mary destination for mainland
enterprises to list.
“Hong Kong’s stock market
is more active in trading and
mainland companies can get
higher valuation when they
list in Hong Kong,” Wong told
China Daily.
“Singapore does not possess
as huge of a yuan liquidity pool
as Hong Kong does to support
yuan-denominated share trad-
ing. Th erefore, I do not think
SGX’s move will pose a threat
to the HKEx,” said Linus Yip,
chief strategist at Hong Kong’s
First Shanghai Securities.
According to the Hong Kong
Monetary Authority, yuan
deposits in the city totaled
554.3 billion yuan in March.
SGX’s announcement was
made on the same day as
the mainland and Singapore
signed documents to promote
cooperation in the banking
sector.
Banking authorities in Singa-
pore will quicken the approval
of two mainland banks fi ling
for full banking licenses in Sin-
gapore, according to a state-
ment by the China Banking
Regulatory Commission. It
did not reveal the names of the
banks.
In return, the commission
will accelerate its examination
of requests by three Singapor-
ean banks — United Overseas
Bank Ltd, DBS Group Hold-
ings and Oversea-Chinese
Banking Corp Ltd — to set up
subsidiaries on the mainland.
Contact the writers at
gaochangxin@chinadaily.com.
cn and oswald@chinadailyhk.
com
Xinhua and Bloomberg
contributed to this story.
Yuan: HK will ‘remain popular listing destination’
THE NUMBER
256
MILLION YUAN
A young man surnamed Zhu in
East China’s Jiangsu province
received a 256 million yuan ($40
million) sports lottery jackpot
on June 27 in Nanjing, the larg-
est ever in China for the sports
lottery, news portal Sina.com
reported on Thursday.
The man and his wife, both
wearing sunglasses, took home
nearly 206 million yuan after
taxes and donated 5 million
yuan to Project Hope.
Zhu’s age, occupation and
hometown were not revealed.
ON THE WEB
Highlights from China-
daily.com.cn
Special
coverage:
Paris Haute
Couture
2012-13 Fall/
Winter
Photos: In Di-
men, a village
of the Dong
ethnic group
in South-
west China’s
Guizhou province, some of the
buildings and culture have been
preserved for more than 700
years.
Video: Extreme weather hit the
United States this week. Fires
are burning and heavy rain is
fl ooding cities. It sounds hor-
rible, but could the weather get
any worse? Let’s check in with a
weatherman from Virginia.
Bilingual: From the quirks
and quacks to pole huggers
and door blockers, let’s talk
about the most annoying
subway train pet peeves you’ve
encountered.
Hot words: Herd instinct, also
called herd behavior, refers
to the tendency for people
to make the same decisions
others make. In other words,
people like to do what every-
one else is doing. Somehow,
they believe acting alone is
riskier.
On China Forum
http://bbs.chinadaily.com.cn/
Pictures: Waiting has become
a typical life state in China,
refl ecting a real and unique
Chinese community.
FROM PAGE 1
A college teacher in Wuhan
started to receive treatment
at the center in October. He
did not visit the local center
for disease control and preven-
tion, where treatment is free,
and said the enhanced drug
regimens and services at the
AIDS Care Center are the big-
gest attractions to him.
But some AIDS patients said
the government should con-
tinue offering free antiretro-
viral therapy with improved
regimens for all in need.
Sun, however, said that
might be beyond the govern-
ment’s ability as medicines are
costly.
For example, Tenofovir
Disoproxil Fumarate, a kind
of antiretroviral drug that is
recommended by the World
Health Organization, costs
1,400 yuan for treating a
patient every month.
Wu Zunyou, director of the
National Center for AIDS/STD
Control and Prevention, said
co-payment will help