China mulls petrol car ban, boosting electric vehicles

Xin said the policy would be implemented "in the near future", according to the official Xinhua news agency. Race for green cars As the measure looms, foreign automakers have announced plans to boost the production of electric cars in China. Volvo will ... ( read original story ...)

China’s North Korea stance: laggard or leader?

Is China’s courage failing it? Exasperated and embarrassed by North Korea’s nuclear and missile tests, Beijing is nonetheless shrinking from using all the influence it has to stop them. China reportedly refused to back US proposals for an oil embargo ... ( read original story ...)

China relaxes yuan hedging rules

BEIJING: China’s central bank on Monday scrapped two measures that were put in place to support the yuan when it was under significant selling pressure, suggesting Beijing is anxious to quash one way bets on the yuan as outflows ease and exporters face ... ( read original story ...)

Treasure Trove Exposed in Office of Deposed Unicom Chief

Chang Xiaobing, sentenced to six years of prison this year for graft, kept a storeroom in his office filled with expensive liquor and valuable paintings during his time as chairman of state-owned China Unicom. Details like this about the Central Commission ... ( read original story ...)

Alibaba and Tencent among investors in China Unicom

China’s biggest technology companies, including Alibaba, Tencent and Baidu, are investing $11.7bn in China Unicom, the country’s second-largest wireless telecom, as they seek to revitalise the state-owned group with private capital. Ten private and ... ( read original story ...)