An Intense 144 Hours
Cover
From April 18 to 24, Chinese regulatory authorities carried out a series of measures to intervene in the stock market, and as a result, the Shanghai composite index soared by 304 points to 3,583. The measures included partially freeing up non-tradable shares in state-owned companies and lowering the stamp tax. Before this, the Chinese stock market plummeted to below 3,000 points from its high record of above 6,000 point. 
Original article: [Chinese] 

New Policy Would Prohibit Credit Misappropriation
Cover
China's bank watchdog, the China Banking Regulatory Commission (CBRS), is drafting a new policy that would bar companies from using bank loans for uses other than they were originally applied for.
Original article: [Chinese]

The End of Bloody Chinese Sweatshops
News Page 3
Shortly on the hells of the new labor contract law, another win for labor---"Company Democratic Management Practice", is being drafted by the All China Federation of Trade Union (ACFTU). The EO interviews Guo Jun, director of democracy management department of ACFTU, to discuss the principles behind the legislation and its specific content. Guo says that the practice would put an end to the "bloody sweatshops" of China.
Original article: [Chinese] 

More Scrutiny for QFII
News Page 4
With the cap on all QFII-based (Qualified Foreign Institutional Investor) investments having been raised to ＄30 billion in December of last year, the State Administration of Foreign Exchange is now drafting a comprehensive assessment system to regulate and standardize QFII's activities. The new system will allow QFII who pass the assessment to invest more. 
Original article: [Chinese]

Reflecting on the Snowstorm Disaster
News Page 4
On April 24, the standing committee of National People's Congress discussed a report by the State Council on the problems exposed by the snowstorms that struck China early this year, such as flaws in the disaster response system and overlapping jurisdiction between government agencies.
Original article: [Chinese]

Dangerous Opportunities
Nation Page 13
Attracted by high earnings, many labors from Donghai county and Weihai City in Jiangsu and Shandong province went to work in Equatorial Guinea. Unfortunately, two Chinese laborers died and four were injured in bloody conflict there. The labors say that their legal rights were often infringed upon by the contracted companies.
Original article: [Chinese]

Donghai Model for Labor Dispatch
Nation Page 14
Since Donghai county government encouraged 238 skilled men to work in Kuwait in 1987, the labor dispatch has been the important channel by which to increase farmers' income and spur local economic development. However, in the recent years, labor dispute cases have also increased.
Original article: [Chinese]

Will the Honeymoon Last?
Corporation Page 26
Sinopec will dispatch a fixed mount of crude oil to local private refineries in Shandong province to better meet market demand for processed oil products in the following months. Before this, the two oil giants PetroChina and Sinopec, were unable to guarantee enough processed oil products to satisfy market demand even with all of their refineries operating.
Original article: [Chinese]

Jin Guantao: a Transformation of Thought in the 80s
Observer, page 41
Part of a special series on 30 years of reform and opening up, Jin Guantao, author of "A Public Loveletter", reveals to the EO how the Cultural Revolution pushed him out of science and into the arms of history and philosophy.
Original article: [Chinese]