• CIRC issues 2008 insurance intermediaries report
  In 2008, insurance intermediary organs across China raked in a premium income of 804.35 billion yuan ($117.60 billion), up 38.84 percent from a year earlier.
• Insurers trim staff to reduce losses

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	Insurers' unit-linked products suffer heavy losses
Top 8 insurance executives under spotlight in 2008	CIRC tightens supervision on insurers' financial chiefs
Ex-chairman of New China Life charged	Insurers refocus on traditional products

• Investment Alerts: China sees record mergers, acquisitions in May
• Local Resources: Sichuan to restore tourism
• Industry Overview: Industrial output up 16% in May
• China & Globalization: Paulson: US-China economic ties growing in positive direction
• Biz Laws & Policies: China raising reserve-requirement ratio
• Development Zones:  Chengdu Economic and Technological Development Zone

• China State Construction nets $100m US subway deal
• Baosteel buys 15% stake in Aussie miner
• Market blamed for gas pains
• Far East seeks 66b yuan for hybrid cars

• China buys $14.9b of US treasury bonds
• Tainted milk comes off shelves
• Vice premier leaves for US for economic dialogue
• Quake-hit Sichuan reopens 13 cities to tourists