Latest China News
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China Switzerland sign off on preliminary free trade deal
China China has signed the framework for a free trade deal with Switzerland - a deal which could become Beijing's first with a major Western economy.China's Premier Li Keqiang said the landmark agreement underscored Beijing's growing openness to the world."This free trade deal is the first between China and a continental European economy, and the first with one of the 20 ...
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China woos Lanka with $580m loan
BEIJING: China stepped up its efforts to win over another South Asian country, Sri Lanka, with its state-owned bank extending $580 million in loans days ahead of president Mahinda Rajapaksa's visit to Beijing on May 27-30. ...
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North Korean letter to China signals rapprochement
In this photo released by China's Xinhua News Agency, Chinese President Xi Jinping, right, greets North Korean Vice Marshal Choe Ryong Hae in Beijing Friday, May 24, 2013. The top North Korean envoy delivered a letter from leader Kim Jong Un to Xi on Friday and told him Pyongyang would take steps to rejoin stalled six-nation nuclear disarmament talks, in an apparent victory for ...
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Hungry investors on the hunt for their pot of gold
The 30-year-old Beijing-based newspaper editor also invested in a number of funds and bought paper gold - certificates that equate to the physical metal - and paper silver. She sold the paper silver in early April but is holding on to the paper gold, which is worth about 30,000 yuan. The price of physical gold slid from $1,561 to $1,482 an ounce on April 12 and $1,348 on April 15, and whether it ...
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New horizon for China-Germany ties
Editor's note: Premier Li Keqiang wrote a signed article, titled "Open Up New Horizon for China-Germany Relations", in German-language newspaper Zeit on Thursday. Following is the full text of its English translation. I will soon be visiting Germany again to boost China's cooperation with Germany on all fronts. People may want to learn more about the visit, and I believe ...
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China Airlines adding nonstop flights between Taiwan and Hawaii
China Airlines said it will begin flying two weekly nonstop flights between Taipei and Honolulu, using Airbus A330 aircraft. Seen here is a China Airlines Boeing 777 aircraft. China Airlines will launch regular nonstop flights between Taiwan and Hawaii on June 2, the airline said Friday. The airline will fly nonstop between Taipei and Honolulu International Airport using Airbus A330 aircraft ...
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Q A bet. China Daily and Hainan reform development institutes president
China Daily interviewed Chi Fulin, president of the China Institute for Reform and Development in Hainan province, on the challenges facing the country's ...
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NBA Nation to tour 12 Chinese cities
/enpproperty--> NBA Nation, the NBA's largest mobile basketball playground, will return to China for the second consecutive year and visit 12 cities from May 31 to Aug 18, giving fans the chance to enjoy basketball contests, interact with NBA players and pose with the Larry O'Brien NBA Championship Trophy. O.J. Mayo, of the Dallas Mavericks, will launch the festivities in ...
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Shanghai looks for next sports icons
/enpproperty--> Yao Ming has retired. Liu Xiang has an injured Achilles tendon and his future is up in the air, so who will be the next sporting superstar from Shanghai? According to the Shanghai Municipal Sports Bureau, he or she may be among 3,000 talented youngsters the city has chosen to develop their skills. The birthplace of former NBA center Yao and star hurdler Liu is ...
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China taking great strides forward
/enpproperty--> Crop of promising young athletes following in the wake of star hurdler Liu Xiang's absence from the international arena has not slowed China's progress in track and field. Boasting robust results and character, a crop of young Chinese athletes has emerged from the star hurdler's shadow and is set to lead the country's charge against the ...
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Outback Steakhouse opens in Shanghai
/enpproperty--> Chinese, in general, are not beef-lovers. According to the Washington-based environmental group, Earth Policy Institute, although more than a quarter of the meat produced worldwide, 71 million tons to be exact, is now consumed by Chinese, beef consumption in China is still relatively small. Every Chinese eats an average of 4 kg of beef every year, only one-ninth of ...
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Valeos expansion into China shifts into higher gear
/enpproperty--> Valeo Group, the French automobile components and system supplier, aims to make China its largest market in terms of sales in the next two to three years, its president said on Thursday. The company, which already has 22 plants in China, plans to add four new factories in the country and expand three existing ones in Foshan, Wuhan and Nanjing this year, according to ...
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China US agree to share audit details
/enpproperty--> China's securities watchdog announced on Friday that a memorandum of understanding has been signed with the United States on the sharing of audit details on Chinese companies listed in the US, in a move aimed at cracking down on illegal listing and trading activities. China Securities Regulatory Commission said the MOU was signed by the commission, Ministry of Finance ...
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China may start taxing more luxury goods
/enpproperty--> China may start levying taxes on an increasing number of luxury goods as part of the country's efforts to push forward economic reform, an official with China's top planning agency said on Friday. More products might be taxed, as part of the country's tax reform plans for this year, said Kong Jingyuan, director-general of the department of comprehensive reform ...
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Marriott Foundation funds new charitable initiative for youth in China.
Million dollar investment to expand opportunities for youth through the China Hospitality Education Initiative.The J. Willard and Alice S. Marriott Foundation has committed 40.5 million RMB ($6.5 million) over five years to support ...
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University of Kentucky Symphony wows Chinese audiences with American music
UK Symphony Orchestra members at the Lingyinsi Monastery: Ally Corsaut, Leigh Dixon, Alison Ward, Nate Williams, Kristen Petty and Tyler Simms. Photo by Beverly Fortune | ...
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Asias Week China Still on Flu Watch
Qingdao, for a while, grew to the sky. (Photo: Wikipedia) While Asia basked another week in generally favorable economic winds-minus that little 7% stock squall in Japan in Thursday, whatever that was about-there remained an undercurrent of worry about China. ...
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EU firms protest possible punitive duties on Chinese solar products
/enpproperty--> BRUSSELS - A coalition of over 580 European solar companies on Friday protested in a dramatic way against looming anti-dumping duties against Chinese-made solar ...
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A US consulate in the mainland has suspended some of its operations after receiving an envelope that contained an unidentified substance reportedly white powder.
A US consulate in the mainland has suspended some of its operations after receiving an envelope that contained an "unidentified substance," reportedly white powder.The consulate in Guangzhou "received an envelope that contained an unidentified substance" on Monday, deputy US embassy spokesman Justin Higgins said, adding that no one had been injured."We have not yet ...
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Taipei has stepped up pressure on Manila saying it will conduct a naval drill near the Philippines if the country does not officially apologize for the killing of a Taiwanese fisherman.
Taipei has stepped up pressure on Manila, saying it will conduct a naval drill near the Philippines if the country does not officially apologize for the killing of a Taiwanese fisherman.This comes as Japan seized a Taiwanese fishing boat inside its exclusive economic zone, the first incident since Tokyo and Taipei signed a fishing rights accord for disputed waters, the Japanese Fisheries Agency ...
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EMERGING MARKETS-Latam stocks unchanged despite China Fed worries
* Concerns over Chinese economic growth, Fed stimulus weigh * Brazil Bovespa, Mexico IPC flat; Chile IPSA down 0.94 pct By Asher Levine SAO PAULO, May 24 (Reuters) - Latin American stocks were largely flat on Friday despite concerns over weak economic growth in China and a possible winding down of the U.S. Federal Reserve Bank's asset-buying program. Latin American markets also suffered this ...
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In Ma Jian’s new novel a family floats through a turbulent China
, reviewed by National Post columnist and noted literary critic Philip Marchand: "If [readers] are puzzled by what the Wutong Temple is all about, I have no idea either. If the storyline is meaningless, so are the characters. Nevertheless, the novel does reflect some of the political realities the author has lived through..."What these 20th-century ...
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People’s Daily Begins a ‘Dishonest Americans Series’
A screenshot from People's Daily Online showing a photograph of what was claimed to be the ripped ticket of Mr. Liu, a Chinese man who encountered rough treatment by United Airlines staff. People's Daily, the Chinese Communist Party's direct mouthpiece, has a series on "dishonest Americans," which a scholar of propaganda says is an attempt to make American democratic ...
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Chinese leader holds out promise of more deals
Chinese Prime Minister Li Keqiang says a free trade accord with Switzerland should serve as an example for closer relations with other European countries. He believes a deal with the Swiss finance industry will also boost the economy in ...
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China Considers Luxury Tax
Luxury products have become an important niche in the booming China consumer story. And as part of the country's tax reform plans this year, they could get hit with the first ever luxury tax, said Kong Jingyuan, a director-general at the National Development and Reform Commission. The guidelines for tax reforms were published by the Central Government on ...
China Digest
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Chinese shipping industry is not the only one causing environmental incidents
The recent highly publicized grounding of a Chinese bulk carrier on the Great Barrier Reef in Australia attracted the scrutiny of the world on the Chinese shipping industry with some commentators saying that the accident was indicative of a dysfunctional health and safety record throughout the industry in China.
China’s shipping industry is primarily made up of the state-owned and run COSCO (China Ocean Shipping Company), and it is this company to whom the Shen Neng 1 belongs. The Shen Neng 1 is not the only COSCO ship to be involved in a notable maritime accident. Read more
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