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To: RealMuLan who wrote (27191)4/9/2005 9:58:58 AM
From: BubbaFred  Read Replies (1) | Respond to of 116555
 
I was told that downpayment is increased to 50%. I think it applies for people or corporations buying their multiple (more than one) dwelling properties. I think this is the proper way, or the locals would be shut off from being able to buy an apartment. However, there are many other ways to go around it, such as developing rental units that can later be converted and then sell them as apartments.



To: RealMuLan who wrote (27191)4/9/2005 10:13:00 AM
From: BubbaFred  Respond to of 116555
 
Chinese Break Windows at Japan Embassy

By STEPHANIE HOO, Associated Press Writer

BEIJING - About 1,000 protesters threw rocks and broke windows at the Japanese Embassy on Saturday after a noisy march demanding a boycott of Japanese goods to oppose new textbooks that critics say gloss over Tokyo's wartime atrocities.

Protesters shouted "Boycott Japan!" as hundreds of police, some with riot helmets and shields, formed a human wall to keep the crowd away from the embassy. Protesters smashed the windows of a guardhouse outside the fenced compound.

The protesters marched to the embassy after a rally by more than 6,000 people in the Chinese capital's northwest university district, where some burned a Japanese flag.

Waving Chinese flags and singing the national anthem, marchers carried signs saying "Protest new Japanese textbooks," a reference to schoolbooks that critics say whitewash wartime aggression against China. Spectators clapped and cheered as the marchers passed.

The protest was the biggest in the tightly controlled Chinese capital since 1999, when the U.S. Embassy was besieged after NATO warplanes bombed Beijing's Embassy in Belgrade during the war over Kosovo.

"Boycott Japanese goods!" the protesters chanted. "Long live China!"

"I think China should be more firm," said protester James Liu, 25, an engineer who works for a French company. "This is a good way to pass our voice to the government and to the Japanese people."

Others called for the rejection of Tokyo's campaign for a permanent seat on the U.N. Security Council — a status held now by only China, the United States, Russia, Britain and France. Referring to Japanese Prime Minister Junichiro Koizumi, some protesters chanted, "Koizumi is a dog! Dogs are no good!"

After the rally, some protesters spent hours marching across the Chinese capital to the diplomatic neighborhood on its east side. Some tore down a half-dozen advertisements for Japanese-made Canon cameras along the road as they passed.

Police maintained order among the marchers and kept passersby from joining in but didn't try to stop the protesters.

The government's Xinhua News Agency took the rare step of reporting on the protest. It put the number of demonstrators at more than 10,000 and quoted some of their chants.

Several hundred protesters also gathered at the Japanese ambassador's official residence on the northeastern side of Beijing, but police with riot shields pushed them away. It wasn't clear whether the ambassador was home at the time.

China hasn't said whether it will oppose a Security Council seat for Japan. But Beijing regards Tokyo as its rival and could be unwilling to give up its status as the only Asian nation with a permanent council seat, which carries veto power over U.N. actions.

Public anger has mounted in China and South Korea over new Japanese history textbooks that critics say gloss over offenses including mass sex slavery of Asian women by Japan's military.

A trade association for Chinese chain stores called last week for a boycott of beer, coffee and other products made by Japanese companies that it claims supported the textbook revision. Protesters reportedly smashed windows of a Japanese-owned department store last weekend in the southwestern city of Chengdu.

A group of Chinese nationalists claim to have gathered millions of signatures on an online petition calling for Tokyo to be denied a Security Council seat.

Despite the criticism, Japan approved the history books on Tuesday for use in schools beginning in April 2006. In response, the Foreign Ministry issued a stinging statement calling the new textbooks "poison for Japan's younger generations."

Beijing earlier appealed to Japan to "take very seriously the calls for justice from its Asian neighbors" in deciding whether to use the new textbooks.

Most protests in the Chinese capital are banned, but the government occasionally allows brief protests by a few dozen people at a time outside the Japanese Embassy on key war anniversaries.

Word of the protest Saturday spread in advance through e-mail and mobile phone messages by Chinese nationalist groups.

"It's true that Japanese investment helps China," said Liu, the engineer. "But we don't like it when they change their history books. That's why we're here."

news.yahoo.com