Today's Links: GHB toys, Hong Kong's Olympic spending and Beijing's taxi subsidies

• China confirms presence of toxic substance in bead toys [Economic Times]
  China's quality control watch dog has confirmed that the bead toys which the US and Australia have recalled in millions over safety fears contain toxic substance.
  
• US sees no rapid shift in China's currency reserves [AFP]
  Amid a plunging US dollar, China has again threatened to diversify its mountain of dollar foreign reserves but US officials are unperturbed while experts do not see a rapid shift by Beijing.
• Toll in China coal mine gas leak rises to 35 [Reuters]
  The death toll from a gas leak at a coal mine at the Qunli Colliery in Guizhou province has risen to 35, state media said on Sunday.
• Hong Kong to spend US$20 million on promoting the Beijing Olympics [IHT]
  Hong Kong is planning to spend up to US$20 million (€13.62 million) to stir up Olympic fever in the Chinese territory and abroad ahead of next year's Beijing Games, an official said Saturday.
• Beijing ups taxi subsidies after petrol price rise [Reuters]
  The Beijing city authorities have raised subsidies for taxi drivers this month to soften the impact of a 10 percent increase in petrol prices, while freezing taxi fares for now.
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  China Eastern to begin Shanghai-Brisbane flights [Xinhua]
  China Eastern Airlines, the country's third-largest carrier, has said it will begin semiweekly fights from Shanghai to Brisbane, Australia on Nov. 21.

Photo from Mike Chen