BEIJING (Reuters) – China’s Premier Wen Jiabao said efforts to stabilize the economy are working and the government will step up efforts in the second half of the year to increase policy effectiveness and foresight, the official Xinhua news agency reported on Sunday. Wen, who made the comments during a weekend tour of Sichuan...
UNITED NATIONS (Xinhua) — China supports extension of the UN Supervision Mission in Syria (UNSMIS) in order to coordinate the mediation efforts by the UN-Arab League Joint Special Envoy Kofi Annan and safeguard the direction of political solution to the Syrian crisis, Li Baodong, Chinese permanent representative to the United Nations, said here on...
BEIJING – The uproar in the U.S. over the fact the uniforms Americans will wear in the London Olympics were made in China is “hypocritical” and “irresponsible,” China’s official news agency said Monday. The Xinhua News Agency blasted U.S. lawmakers for complaining over the made-in-China Olympic blazers, saying the politicians are going against the...
SHANGHAI (Xinhua) — Chinese fishery authorities concluded on Monday a week-long patrol mission that took four patrol ships to waters near the Diaoyu Islands. The Yuzheng-204 patrol ship returned to dock in Shanghai on Monday morning, after it conducted tasks with three other law enforcement vessels in the Chinese exclusive economic zone, including waters...
BEIJING (Reuters) – China’s foreign direct investment inflows fell 3 percent in the first half of 2012 from a year earlier, with inflows falling for six consecutive months, as concerns over Europe’s debt crisis and a slowdown in China’s economy dampened investment appetite. Wang Chao, a vice commerce minister, said on Monday that the...
China is boosting this year’s railway infrastructure investment plan by 9 percent to 448.3 billion yuan ($70.3 billion), according to a provincial office of the National Development and Reform Commission. The previous plan was for spending of 411.3 billion yuan, according to a statement dated July 6 on the website of the Anhui branch...
By Lee Chyen Yee HONG KONG (Reuters) – Lenovo Group Ltd is on track to overtake Hewlett-Packard Co as the world’s biggest PC maker by sales as soon as this year, making it the first Chinese company to grab the top spot globally in a technology sector. The ThinkPad maker’s rise highlights the advance...
CHENGDU, China — Invitations to the conference in Chengdu promised “China’s New Future,” with the country’s name spelled out in large gold letters. Mayor Ge Honglin, wearing a nicely tailored black suit, assured the audience sitting beneath rows of bright chandeliers that the regional market will grow “bigger and bigger.” Throughout the afternoon, business...
NEW YORK — NBA China Games 2012 will feature two games between the reigning NBA Champion Miami Heat and the Los Angeles Clippers on Oct. 11 at the MasterCard Center in Beijing and Oct. 14 at the Mercedes-Benz Arena in Shanghai, the National Basketball Association (NBA) announced today. This marks the sixth edition of...
BEIJING — Yao Ming and NBA China today announced a broad and comprehensive partnership to further basketball participation, develop youth basketball, promote cultural exchange, and conduct social responsibility programs in China. Through this partnership, Yao will collaborate with the league to launch basketball and social development programs for Chinese youth through NBA Cares and...
