Bloomberg quotes the Economic Observer as saying a trial property tax program will soon be enacted in four cities.

FORBES: Will Declaring Chinese Officials' Assets Cause 'Chaos'?

Zhang Hong, a deputy chief editor of the Economic Observer, a weekly newspaper, was stripped of his title (though allowed to keep working) for his role in organising the editorial.

ECONOMIST: Migration in China

"If the economy continues to decelerate to the point where it spooks households into spending much less this holiday season on retail goods, we could have a real problem, " said Craig Thomas, an observer with the economic data clearinghouse Economy.com.

CNN: Fact check: Economic slowdown doesn't mean recession ... yet

He says the Bush administration needs to give Obama's economic team some sort of observer status at that meeting.

NPR: Can The Global Crisis Wait For A New President?

Oppose Soviet membership or observer status in major international economic and financial organizations such as the General Agreement on Tariffs and Trade, the IMF, the World Bank, and the Asian Development Bank.

CENTERFORSECURITYPOLICY: Center For Security Policy