BEIJING, Jan. 27 (UPI) — The Chinese government, reacting to the European Union’s embargo on Iranian oil, said such sanctions are not constructive. “To blindly pressure and impose sanctions on Iran are not constructive approaches,” the Chinese Foreign Ministry said in a statement to the official news agency Xinhua. Iran is under international pressure...
If policymakers and financial markets outside the Swiss alps are concerned about China’s economic outlook, those worries were missing from a panel discussion at the World Economic Forum in Davos. While delegates to the meeting of the rich and powerful surfaced a host of...
January 28, 2012, 3:24 AM EST By Bloomberg News Jan. 27 (Bloomberg) — China’s property prices need to decline 30 percent to reach a “reasonable” level, according to He Keng, a deputy director of the Financial and Economic Affairs Committee of the National People’s...
Agence France-Presse/Getty Images Customers use computers at an internet cafe in Hami, northwest China’s Xinjiang region. China now has more than 500 million people on the Internet and nearly...
Low-end handsets have set off a smartphone boom in China By Edmond Lococo Despite recent video out of China of egg-wielding customers angry about shortages of Apple’s iPhone 4S,...
BEIJING, Jan. 28 (Xinhua) — The People’s Daily, the flagship newspaper of the Communist Party of China (CPC), ran a bylined commentary Saturday refuting criticisms made against the country’s...
