The Beijing News
June 2, 2009

At Peking University to give a speech yesterday, US Treasury Secretary Tim Geithner was presented with a photograph by his former Chinese teacher Fu Min. Mr. Geithner, who arrived in Beijing on Sunday, was on a two-day trip to China, his first official visit as Treasury Secretary.

The photo, taken 28 years ago, shows Geithner, then a student at an eight-week Chinese learning program organized by Peking University, and Ms. Fu herself.

A transcript of Geithner's speech can be read here.

The paper's top headline announces that Beijing will implement a package of new measures in an attempt to alleviate traffic pressures. The measures will include assigning different government branches different work hours, and recalculate parking fees in different parts of the city to regulate vehicle densities.

The second headline reports on the Air France passenger airliner carrying 228 passengers that vanished from radar screens en route from Brazil to France yesterday. Eight Chinese citizens were confirmed to be on board the plane.

And finally, Red Bull does not contain cocaine on the mainland. After Taiwanese authorities confiscated about 18,000 cases of Red Bull Cola that tested positive for the substance last month, mainland food safety authorities conducted their own tests and announced yesterday that all the beverages of the brand sold here are manufactured domestically and do not contain cocaine.

The cocaine-positive Red Bulls were produced in Austria and supplied the Taiwan and German markets.