China backs Europe amid debt crisis
2011-05-10 11:00:32
Though not very optimistic about the European economy, China Investment Corporation, China's sovereign wealth fund, will continue to invest in Europe.
China's shipping sector suffers from overcapacity, high oil price
2011-05-09 14:23:35
About 30 percent of China's coastal shipping companies are suffering a loss due to overcapacity and high fuel price, Xu Zuyuan, vice minister of transport said Saturday.
China's yuan hits new high against USD
2011-05-09 11:13:29
The Chinese currency renminbi (RMB), or the yuan, Monday gained 15 basis points from the previous trading day to hit a new high of 6.4988 per US dollar.
Waterfall festival flows in Guizhou
2011-05-06 16:58:37
The Huang Guoshu Waterfall Festival will officially launch in the city of Anshun, Southwest China’s Guizhou province, starting from the end of May.
Red Cross pours 18.7b yuan into Sichuan
2011-05-06 16:46:13
The Red Cross Society of China has transferred 18.7 billion yuan ($2.8 billion) of relief funds and supplies to Southwest China's Sichuan province which was hit by a magnitude 8.0 earthquake in 2008.
Tear gas to be used on drunk drivers
2011-05-06 13:06:23
Beijing police are stepping up their efforts to cut down on drunk driving by using car-disabling devices and tear gas to prevent drivers from fleeing or becoming violent during drunk driving inspections.
Sotheby's to auction 343 Chinese art pieces
2011-05-06 11:26:55
A total of 343 fine Chinese ceramics and art works, including an 800-year old vase and a Dragon seal used by Emperor Jiaqing (1796-1820), will go on auction on Wednesday at Sotheby's first London sales of 2011.
Sotheby's to auction 343 Chinese art pieces
2011-05-06 11:26:55
A total of 343 fine Chinese ceramics and art works, including an 800-year old vase and a Dragon seal used by Emperor Jiaqing (1796-1820), will go on auction on Wednesday at Sotheby's first London sales of 2011.
Paralyzed gymnast files harassment report
2011-05-06 11:05:54
A lawyer for Sang Lan, the paralyzed former Chinese gymnast, said Sang's legal team has filed a report with New York police about sexual harassment they suspect Sang was subject to while staying with her legal guardians during recovery.
China's forex reserves suffers huge losses from weak dollar
2011-05-05 13:09:51
China's newly-added foreign exchange reserves since 2003 have lost about $271.1 billion by the end of 2010 as a result of the depreciation of the US dollar.
Officials in Chongqing become part-time farmers
2011-05-05 11:20:33
Officials in Nan'an district, Chongqing, are being required to farm for one month every year and the farmwork will be one part of their yearly performance evaluation.
China's richest village flies to new heights
2011-05-05 11:13:11
China's wealthiest village is looking to reach new heights once again by training 100 pilots for its new air tourism project, the Yangtze Evening News reported Thursday.