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China to keep relaxed monetary policy |
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China News
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China will continue to implement a "moderatedly relaxed" monetary policy and keep sufficient liquidity in the banking system, the People's Bank of China said on Sunday. The statement appeared to be the central bank's response to new data released on Saturday, which showed new yuan loans and money supply growth both surged to record highs in March. |
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Bank vehicle attack foiled in S China county, suspect at large |
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China News
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NANNING -- Police in south China's Guangxi Zhuang Autonomous Region are still chasing a man who attacked two security guards Monday morning in a failed attempt to rob an armored bank vehicle. The man, riding a motorcycle, sprayed an unknown substance with a homemade water gun at the two guards standing by the cash-carrying van outside a bank in Lipu County of Guilin at around 8 am, a county government spokesman said. He said the driver immediately drove the van away to avoid robbery. "The suspect then fled the scene, leaving his motorcycle behind." The guards were taken to a hospital to have their eyes flushed with water. Doctors said they were unharmed. The spokesman said nothing was taken from the van, which belongs to the China Post and Savings Bank that owns the vehicle. Police were still hunting for the suspect, but no one was able to describe what he looked like, as he was wearing a raincoat and helmet when he attacked, the spokesman said. |
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What was the Early Chinese calendar? |
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Chinese Culture
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In China, the calendar was a sacred document, sponsored and promulgated by the reigning monarch. For more than two millennia, a Bureau of Astronomy made astronomical observations, calculated astronomical events such as eclipses, prepared astrological predictions, and maintained the calendar. After all, a successful calendar not only served practical needs, but also confirmed the consonance between Heaven and the imperial court. |
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How Does One Count Years? |
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Chinese Culture
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Unlike most other calendars, the Chinese calendar does not count years in an infinite sequence. Instead years have names that are repeated every 60 years. (Historically, years used to be counted since the accession of an emperor, but this was abolished after the 1911 revolution.) Within each 60-year cycle, each year is assigned name consisting of two components: The first component is a Celestial Stemm. These words have no English equivalent: |
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What Years Are Leap Years? |
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Chinese Culture
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Leap years have 13 months. To determine if a year is a leap year, calculate the number of new moons between the 11th month in one year (i.e., the month containing the Winter Solstice) and the 11th month in the following year. If there are 13 new moons from the start of the 11th month in the first year to the start of the 11th month in the second year, a leap month must be inserted. |
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