PUBLISHED : Wednesday, 20 May, 2015, 10:07am
UPDATED : Wednesday, 20 May, 2015, 12:27pm
May 20: Government cracks down on fake universities; Italian castle on sale on shopping site Taobao
SCMP online
A castle in Italy's Valpolicella wine-making region will be auctioned on Taobao.com.
Politics and Policies
China's state council reshuffled four new deputy secretaries in one month. (Xinhua)
The ex-wife of Qiao Jianjun, No 3 on China's 100 wanted list, stands trial in Los Angles on charges of immigration fraud and money laundering. (The Beijing News)
Former Democratic Progressive Party leader Shih Ming-teh to announce the 2016 Taiwan presidency bid as an independent candidate. (udn.com)
Authority has dismissed rumours that said the 70-year land-use rights stipulated by property law for commercial residential buildings will be scrapped. (Beijing Times)
Diplomacy and Defence
During his visit to Brazil, Chinese Premier Li Keqiang announced that Beijing is to establish a US$30 billion special fund for promoting China-Latin America cooperation in manufacturing. (Xinhua)
Chinese Premier Li Keqiang shakes hands with Brazilian President Dilma Rousseff during their talks in Brasilia, Brazil. Photo: Xinhua
Foreign ministry spokesman Hong Lei dismissed media reports that China would team up with Thailand to build a canal through the Kra Isthmus. (Foreign Ministry)
Economy
The amount of China's fund assets under management surged 18 per cent to 6.2 trillion yuan (US$1 trillion) by the end of April, posting the largest monthly growth in its history. (Economic Information)
Money and Wealthy
A castle in Italy's Valpolicella wine-making region will be auctioned on Taobao.com, an e-commerce platform run by Alibaba Group, on Thursday with a starting price of 100 million yuan. (Xinhua)
Society
A private education website revealed 210 phony universities that profit from selling fake diplomas, prompting a crackdown from the Ministry of Education. (The Beijing News)
Ninety-one children were hospitalised following a lunch at a private kindergarten in southwest China's Yunnan province. (Xinhua)
Hubei police busted a major illegal PR ring that profited by removing negative news on the internet for officials, listed enterprises and celebrities. The case involves nearly 2,000 people and over 50 million yuan. (Xinhua)
