China’s central bank has paused gold buying after prices reached record highs. China’s gold holdings were unchanged in May, halting an 18-month purchasing streak. Gold prices are up 11% this year due …
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Gold is getting so expensive that even China’s central bank stopped buying the precious metal
China’s Ex-Robots develops humanoids with enhanced facial movement
Robots factory in China’s northeastern coastal city of Dalian, engineers develop humanoid robots with a focus on enhancing facial expressions and emotions.Neck-length silicone masks lie sprawled on a …
4 American college instructors injured in stabbing attack in China
Four American instructors from a small Iowa college were injured in a stabbing attack while on a teaching trip to China, their school and U.S. officials said Monday.The four instructors from Cornell …
Beijing Capital-owned waste firm draws global infrastructure investors, sources say
Global infrastructure investors Actis and I Squared Capital are among companies considering bids for Beijing Capital Group’s wholly-owned Singapore waste management company ECO, according to two …
Social media video shows aftermath of ‘chilling’ attack in China
Four instructors from Cornell College in Mount Vernon, Iowa, were injured in a “serious incident” while visiting a park in China, according to a statement from the college. CNN’s Kristie Lu Stout has more.
Beijing receives 7.8 million holiday traveler visits
A folk costume tour is arranged in Haidian district during the festival. [Photo provided to chinadaily.com.cn] During the recent Dragon Boat Festival from June 8 to 10, Beijing experienced a surge in …
China makes plans to build more undersea ‘manta ray’ spy drones for recon
China has plans to expand its fleet of “manta ray” submersibles to include undersea spy drones that can be used for reconnaissance purposes, officials said. The submersibles are designed to resemble …
China state-owned banks sold dollars as yuan fell to near seven-month low, sources say
China’s major state-owned banks were seen selling dollars for yuan in the onshore spot foreign exchange market on Tuesday to prevent the local currency from falling too rapidly, four people with …
China’s central bank to return to gold buying as prices ease: analysts
CHINA, the biggest official sector buyer of gold, is expected to resume its bullion shopping spree once prices ease from the record highs hit in May, as the fundamental case for the metal remains, …
China reports growing exports in semiconductors, implying overcapacity
Official data from the Chinese government showed that semiconductor exports from China rose at a faster pace in the first five months of the year, as the country, particularly SMIC, is facing intensifying competition from…
Innovative musical set to premiere in Beijing
Main cast members of Chinese musical, Snow Embracing the Blue Pass, give a talk about the musical in Beijing on June 2. [Photo provided to China Daily] The highly anticipated original Chinese musical, Snow Embracing…
HSBC adds over 300 to China headcount after Citi wealth acquisition
HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender completed the acquisition of Citigroup’s consumer wealth portfolio in the world’s second-largest …
4 instructors from Iowa’s Cornell College injured in China, in what Iowa leaders calling a stabbing attack
Four instructors from an Iowa college who were visiting their partner university were injured in a park in northeastern China on Monday in a stabbing incident, according to a school spokesperson. The …
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