Guanting Reservoir Returns to Backup Status
Page 12 
On August 21, Jiao Zhizhong, director of the Beijing Water Authority, announced that the Guanting Reservoir is ready to serve as an emergency source for drinking water. Although the reservoir is serving Beijing, 80 percent of its surface area is located in Hebei province. Previously, the reservoir was tainted by polluted runoff released upstream, and as a result was removed from Beijing's backup water network. In order to cleanup and reintegrate the reservoir, Hebei shut down many local factories, which has significantly impacted local economic development. 
Original article: [Chinese]   

COMMENTS

You Can Be Homeless, But Not Hopeless 

Page 16 
Our columnist argues that since the government began liberalizing the housing market in 1997,  steep price climbs over the past few years have left many unable to afford housing. Regulators should work harder to put a lid on property prices that contribute to the mounting pressure felt by tenants and buyers. As a government, it is obligated to guarantee housing for citizens.
Original article: [Chinese]

Autonomous Local Governments: Working with Citizens in Mind
Page 16 
EO special contributor Qiu Feng says that provincial management of counties should consider citizen perspectives, including how to expand their freedom and guarantee their rights. He argues that citizens are the principals of governance, and should not be the targets of a government's executions of power. 
Original article: [Chinese]

MONEY & INVESTMENT

Above 5,000 Points: Is the Market Being Rational?
Page 17
Since August 13, the Industrial and Commercial bank and Bank of China have both enjoyed swift boosts in their stock prices that have helped the Shanghai index break 5000 points. But some say that this is irrational so soon after the sub-prime loan crisis, especially since their intrinsic values were already detached from their stock prices before. 
Original article: [Chinese]