"It is a severe food safety accident, " senior Chinese health ministry official Gao Qiang told a news conference, in a statement reported by Xinhua.

CNN: China: Hundreds of babies fed tainted milk

To roughly calculate, I build on a study of 120 countries by Christine Zhen-Wei Qiang of the World Bank that found that a 10 percent increase in mobile phone penetration correlates with a 0.8 percent average increase in GDP growth.

FORBES: Two Technologies Propelling India Forward

Liu Qiang's ashes lie in a cremation box on the altar, wrapped in a white silk scarf, waiting for burial.

NPR: Shoddy Work, Leadership Blamed in School Collapse

Zhang Qiang, vice president at China Citic Bank, said at a briefing in March that nonstandard investment accounted for 64%, or 151.5 billion yuan, of all wealth-management products at the bank, substantially higher than the 35% limit set by the CBRC.

WSJ: Chinese Banks Cut Back on Wealth-Management Products