BEIJING (AP) — China’s finance ministry said Sunday that the country’s defense budget this year will top 1 trillion yuan ($145 billion) for the first time, after the exact figure was initially kept out of…
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China finance ministry releases $151 billion defense budget
De Beers fights fakes with technology as China’s lab-grown diamonds threaten viability of the real gems
The spread of synthetic diamonds in China, originally designed for industrial purposes such as oil drilling, is posing such a threat to the global diamond market that it has forced dominant player De Beers to…
China cuts growth target to 6.5% this year – Premier Li Keqiang
The scrapping of China’s national mobile telephone roaming charges was as … to push through some painful reforms to deal with a rapid build-up in debt, Reuters news agency reports. On the subject of tackling…
China sets 2017 growth target of '6.5 per cent or higher'
BEIJING — China’s government has set an economic growth for this year of “around 6.5 per cent or higher if possible,” down from last year’s 6.7 per cent expansion but among the fastest in the…
China cuts growth goal, puts focus on reform and 'firewall' against risks
China aims to expand its economy by around 6.5 percent, Premier Li Keqiang said in his work report at the opening of the annual meeting of parliament on Sunday. The target is realistic and will…
China trims 2017 growth target, warns against trade controls
BEIJING — China’s top economic official trimmed its growth target and warned Sunday of dangers from global pressure for trade controls, as Beijing tries to build a consumer-driven economy and reduce reliance on exports and…
China's High-Speed Rail Technology Game: The Significant Role of Transfer Deals
Thanks to the extensive deals done during the formative years of China’s high-speed rail technology venture, the country is now touted as the “superstar” of the said industry, railway-technology.com featured in one of its articles.…
China cuts growth target as it pushes through reforms, builds 'firewall' against risks
BEIJING China has cut its growth target this year as the world’s second-largest economy pushes through painful reforms to address a rapid build-up in debt, and constructs a “firewall” against financial risks. China aims to…
Premier Li says China will resolutely oppose Taiwan independence
BEIJING (Reuters) – China will resolutely oppose and contain Taiwan independence, Premier Li Keqiang said in remarks prepared for delivery at the opening of the annual meeting of parliament on Sunday, amid heightened tension between…
China cuts GDP growth target as it pushes through reforms, de-leveraging
BEIJING China has cut its growth target this year as the world’s second-largest economy pushes through painful reforms to address a build-up in debt and strives to keep a lid on risks in its financial…
China to launch core module of its space station in 2018
The core module of the space station, named ‘Tianhe-1’, will be launched on board a new-generation Long March-5 heavyweight carrier rocket, said China Aerospace Science and Technology Corp (CASC) director Bao Weimin. The core module…
China to defer implementation of property tax despite surging prices
BEIJING China has no plans to implement a nationwide property tax this year, the spokeswoman for China’s parliament said on Saturday, despite mounting expectations that such measures would soon be introduced to restrain surging property…
China to increase military spending by 7% in 2017
China says it will increase military spending by about 7% this year, just days after Donald Trump outlined a boost to the US defence budget. The scheduled announcement was made ahead of the annual National…
