FRIDAY JUNE 23 2000      PUBLISHED BY CHINA DAILY
                                                           CITY NEWS

Rainfall at this plum rain season normal
CONTINUOUS showers during the week ushered in the first installment of the plum rain season this year, according to Shanghai Central Meteorological Station.

AIDS boy Peng Peng passes away
PENG Peng, the 14-year-old haemophiliac who was infected with the AIDS virus through a blood transfusion, died on Tuesday. (See Peng Peng's stories on front page of Shanghai Star on May 30 and June 2).

Huating moves
IN just a few months, Shanghai will say goodbye to Huating Road Clothes Market where over 15,000 foreign visitors and countless domestic people go shopping every year.

Timeshare hotel concept checks in
TIMESHARE hotel room booking concept and service is now making inroads in China.

ROK delegation here for talks
AN eight-member delegation from Cholla-Namdo in the Republic of Korea, led by Governor Huh Kyung Man, will arrive in Shanghai today for a one-day visit. Huh is expected to meet Mayor Xu Kuangdi this evening.

China, Iran look forward to increased trade in future
IRANIAN and Chinese business people explored potential for further exchanges and co-operation at a seminar titled "Sino-Iranian Trade and Investment Opportunities Seminar" yesterday afternoon.

Bookshops turn over new leaf on piracy
THE city's 151 State-owned book stores have made a public pledge to fight against pirated books, audio-video and electronic publications.

Survey sparks controversy
SENIOR researchers have called into question the authenticity of a recent report which claimed the divorce rate among laid-off women workers in the city is rising.

Entrepreneurs warned not to neglect their studies
WHILE experts agree university students who go into business can reap enormous benefit from the practical experience, they warn these students against neglecting their studies.

She escapes from warring island
ZHANG Meifang, the only Shanghainese in the 117 Chinese stranded in the Solomon Islands following the breaking out of the conflict on the islands, told her tale of woe recently to local reporters.

Study abroad tempts local teenagers
AS living standards improve and China's opening-up progresses, local students are choosing to study in foreign schools and universities in increasing number.

A passion for study overseas
KE Qing's parents struggle to survive on meagre pensions, but they have done everything they can to support their daughter who is passionate about studying abroad.

Brief

Cheat in the name of 'helping the poor'
By Voctor Wan

POLICE are investigating a case of fraud involving 1 million yuan ($120,000) in which a man exploited China's drive to develop the poverty stricken areas.

A company from Central China's Henan Province accused the man, Lu Kai, 47, of Yangpu District, of tricking them into believing he could bring substantial investment to the country's underdeveloped region in the name of Shanghai-based American Gold Eagle International Investment Company (Gold Eagle) - a bogus company.

The Henan company said Lu agreed Gold Eagle would provide $1.1 million in funding for technological development in the area after they wined and dined him, and paid travel expenses and initial investments to the tune of over 300,000 yuan ($36,000) in the spring of 1999.

Lu was able to pronounce the 26 letters of the Arabic alphabet with tolerable accuracy, but he could not even sign his English alias himself.

He used a seal imprinted with his English name to sign all contracts.

The Henan company allege they also gave Gold Eagle 50,000 yuan ($6,000) to cover "project assessment," but once the money had been handed over, Lu skipped town.

Lu was arrested on June 14. He had been on the run moving to a different location almost every two days.

His seizure led to the arrest of another seven of his accomplices.

Initial investigations showed Lu had defrauded over 1 million yuan ($120,000) in 22 separate cases, the victims being entities in Shaanxi, Yunnan, Shandong, Liaoning and Jiangsu provinces.

Copyright 2000 by Shanghai Star. All rights reserved.