China's forex reserves reach $2.45 trillion
The People's Bank of China announced yesterday (July 11th), that China's foreign exchange reserves reached over $2.45 trillion by the end of June, up around 15 % year on year. However, statistics from the PBOC show that China's foreign exchange reserves only increased by $7.2 billion in the second quarter, a drastic decrease from Q4 of 2009 when reserves grew by $126.5 billion.

Traveling to Thai Now Costs 30% Off
In recent year, Thailand has become a favorite tourism destination for people in Guangdong. Now that the Thai riots have ended, traveling to Thailand is now safe and significantly cheaper, with the prices of tour packages dropping by about 30%. Our reporter Liang Chunmei brings us this report:
Representatives from the Thai Tourism board yesterday (July 11th) visited Guangzhou to promote tourism to Thailand. The exemption in visa fees will last until next March and tickets to some attractions are being sold at 50% off. A manager from Guangzhilv, a major travel agency in Guangzhou said, 

" Overall traveling to Thailand is still very popular. For example, over 3,500 travelers registered for a trip to Thailand in one afternoon alone. "
When asked how much they new tour packages cost, one traveler told us: 
" For the package tour, it costs 1200 yuan per person. "

GD Still Very Hot this Week
The Guangdong meteorological office forecast that over the next three days, the weather shall remain extremely hot with temperatures averaging 35 to 36 degrees in most parts of the province. They also said that it is likely a tropical cyclone will develop next week, which should bring rain by the next weekend, cooling the province down. Guangzhou today is sunny, in some parts slightly overcast, with temperatures ranging from 28 to 35 degrees.