China follows Fed, lifts rates

Beijing - China's central bank raised short-term interest rates on Thursday in what economists said was a bid to stave off capital outflows and keep the yuan stable after the Federal Reserve raised US rates overnight. The rise in short-term rates was China ... ( read original story ...)

China, Saudi Arabia sign $65 billion in co-operation deals

BEIJING, China - Saudi Arabia's King Salman met with China's premier on Friday, a day after the two nations signed a memorandum of understanding on investment co-operation valued at $65 billion. The landmark agreement aims to boost joint efforts in fields ... ( read original story ...)

China re-brands Cold War nuclear bunker as tourist draw

It was a top-secret Chinese nuclear facility with a deadly Cold War mission -- to make plutonium for an atomic bomb -- but these days its doors are wide open as a tourist attraction. The cavernous "816 Nuclear Military Engineering" installation was ... ( read original story ...)

China Means Business in Economic Challenge Over THAAD

As anti-Korean sentiment in China grows stronger, Seoul appears to have few options at the moment to try and limit the impact on trade relations. Tension flared early this month after South Korea began deploying components of a U.S. anti-missile system to ... ( read original story ...)

Saudi-China business talks to boost trade and investment

RIYADH: The meeting of the Saudi-China Business Council in Beijing on Thursday is expected to help boost trade and investment between the Kingdom and China, an official has said. Abdullah Al-Mobty, chairman of the council, told Arab News that the business ... ( read original story ...)