1. China's consumer price inflation decelerated to just 1.3 per cent year-on-year last month, the slowest rate since May. On a month-to-month basis inflation fell by 0.3 per cent, the first negative reading since May.
2. D'Aloisio's parents came to England from Australia. His father, Lou, has worked in commodities for BP and Morgan Stanley, while his mother, Diana, is a corporate lawyer who also serves as her son's contractual representative. They always knew D'Aloisio was an extremely inquisitive child. 'But he was our first, so we didn't think it was anything out of the ordinary,' says Diana. (D'Aloisio's brother, Matthew, is 14.) They stress that despite his impressive accomplishments, he remains a normal kid. Or at least as normal as a kid can be when he's making offhand references to Markov models and stochastic processes. 'He still goes out on weekends, still goes to parties,' says Diana. 'He's got a girlfriend. All the things you do at 17.'
When it’s time to buy a new car, you have 36 brands to choose from. Each automotive brand has something to offer, but not every brand is right for every buyer. Some brands excel at making performance cars, others focus on making family-friendly crossovers or specialize in luxury cars.
Fortunately, the rules are changing. The proposal of China's Central Economic Conference in early December to give rural residents permanent urban residency sent a strong signal. Premier Wen Jiabao's call in late December for the reform of the household registration system will surely speed up the process.