Financial crisis

The financial crisis is not over yet - that is the stark warning from Premier Wen Jiabao.
Beijing still has much work to do to sustain economic growth, Wen told Xinhua News Agency yesterday.
He also cautioned about asset price bubbles - especially in the property sector - saying the problem will be one of the central government's main tasks next year.
"The property sector made a fast recovery this year, but at the same time home prices have risen too quickly in certain areas and cities, making Beijing highly concerned."
Measures will be taken to cool down the overheated property market. They include taxes and differentiated interest rates to combat speculation.
The government will crack down on developers who hoard land in the hope of bigger profits, said Wen, adding it will expand the development of low-cost housing with preferential policies.