Beijing and Tianjin, a top central bank official said in remarks published on Monday. On April 1, the government announced plans to establish a new special economic zone in Xiongan, in the heavily polluted province…
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Inside Beijing's 'hutong' homes: Pictures show maze-like district where multiple families share the same tiny house and vendors sell food right outside their doors
Gu Chen has slept and worked in the same one-room apartment in Beijing’s ancient ‘hutong’ neighbourhood of Beixinqiao all his life. Most mornings, he rises from a twin bed that he shares with his wife…
Korean brands' strength falls
South Korean marques are losing ground in China as local brands in the world’s largest auto market are offering improved quality and a wider choice of SUV models. In March, Hyundai Motor sold 56,026 cars…
China navy says it foiled pirate attack on ship near Somalia
BEIJING – China’s naval forces foiled an attack by pirates on a freighter in the Gulf of Aden, the navy said, but gave no word on arrests or other contact with suspects. The statement said…
China says its navy saved ship from pirates, but omits India’s role in rescue
as well as China’s image as a responsible major country in safeguarding regional peace and stability,” Hua told reporters at a daily news briefing on Monday. “We are always positive toward international counter-piracy operations,” she…
China's navy saves ship from pirates— but omits India's role in rescue
as well as China’s image as a responsible major country in safeguarding regional peace and stability,” Hua told reporters at a daily news briefing on Monday. “We are always positive toward international counter-piracy operations,” she…
China bars wife of detained Taiwanese activist from visiting
TAIPEI, Taiwan — The wife of a Taiwanese pro-democracy activist detained in China said Monday that she was prevented from flying to the mainland to seek a visit with her husband, whose case has inflamed…
China, Myanmar Oil Pipeline To Launch “Very Quickly”
China and Myanmar have finally reached an agreement on an oil pipeline that that would allow China to import crude oil from overseas via Myanmar, and the project is slated to open “very quickly”, according…
China 'deploys 150,000 troops to deal with possible North Korean refugees over fears Trump may strike Kim Jong-un following missile attack on Syria'
the news agency said. Meanwhile, the US Navy has moved the USS Carl Vinson aircraft carrier strike group from Singapore to North Korea after the country conducted more missile testing. China’s top nuclear envoy arrived…
Philippines backs down on 'occupy' order in South China Sea
Philippine President Duterte has promised not to militarize the contested Spratly Islands in the South China Sea. He had previously ordered the Philippines military to “occupy all islands,” angering Beijing. Philippine President Rodrigo Duterte on…
Norwegian leader meets with China's Xi as ties restored
It was the first visit from a Norwegian prime minister to China in 10 years. “Your visit this time holds a lot of significance,” Xi said. “This is the first high-level visit since the normalization…
Beijing offers nearly $100,000 reward to dob in foreign 'spies'
Beijing: The Beijing government is calling on its citizens to catch foreign spies, offering a reward of up to 500,000 Chinese yuan ($97,000) for tip-offs to police. Lawyers say the move has potential serious consequences…
Significance of the State in Chinese banking
After four decades of financial reform, China’s banking sector is still dominated by publicly owned institutions. But it’s a story of change amidst continuity Financial restructuring and liberalisation began in China in the late 1970s,…
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