Chinese Foreign Minister Yang Jiechi (2nd R) poses with Chilean Foreign Minister Alfredo Moreno Charme (2nd L), Venezuelan Foreign Minister Nicolas Maduro Moros (1st R), and Cuban Vice Foreign Minister Rogelio Sierra Diaz (1st L), in Beijing, capital of China, Aug. 9, 2012. Yang held talks with the three ministers of the Community of...
Chen Yunlin (L), president of the Chinese mainland-based Association for Relations Across the Taiwan Straits, and Chiang Pin-kung (R), chairman of the Taiwan-based Straits Exchange Foundation, reach out to shake hands before starting their eighth round of meeting since 2008, in Taipei, southeast China’s Taiwan, Aug. 9, 2012. (Xinhua/Hou Dongtao) TAIPEI (Xinhua) — Chinese...
Citizens select goods at a supermarket in Hefei, capital of east China’s Anhui Province, Aug. 9, 2012. China’s Consumer Price Index (CPI), a key gauge of inflation, grew by 1.8 percent in July year on year, the slowest pace since February 2010, the National Bureau of Statistics (NBS) announced on Thursday. The rate was...
LONDON (AP) — Chen Ruolin was too good on the 10-meter platform again. The 19-year-old Chinese diver won the women’s title at the London Olympics on Thursday night, completing a sweep of the platform events for the second straight games. Chen joined Americans Dorothy Poynton-Hill and Patty McCormick, and countrywoman Fu Mingxia as the...
BEIJING, China – China’s inflation fell further in July, giving the government more room to stimulate weak growth amid mixed signals about whether the world’s second-largest economy is recovering from a painful slowdown. Politically sensitive consumer prices rose 1.8 per cent, down from the previous month’s 2.2 per cent and well below last year’s...
HEFEI, China (Reuters) – China pressed ahead with an offensive against ousted politician Bo Xilai on Friday, a day after the murder trial of his wife, with a separate prosecution of four police officers accused of trying to cover up the killing that she was accused of. The dismissed officers went on trial for...
BEIJING (UPI) — China has announced new industry rules for rare earth production, a move expected to weed out smaller operations. Under the new rules, mixed-type rare earth mines must have a minimum annual production capacity of 20,000 metric tons and smelting companies must ensure an annual output of at least 2,000 tons, says...
Chinatrust Financial Holding Co. (2891.TW) President Daniel Wu on Thursday urged Taiwan’s government to widen the Chinese-yuan business scope of Taiwanese banks more quickly “as competition is growing very strongly.” All onshore banks in Taiwan, foreign and domestic, are only allowed to offer yuan cash settlement services, while their offshore units — mostly in...
China‘s leaders will have more room to further loosen monetary policy after data Thursday showed inflation at its lowest in two and a half years while industrial output and retail sales also eased. The figures indicate a continued slowdown in the world’s second largest economy despite two interest rate cuts already this year. The...
BEIJING (AP) — China‘s growth in factory output fell to a three-year low in July and retail sales weakened, suggesting Beijing might need to launch more stimulus efforts to reverse a painful slowdown in the world’s second-largest economy. Inflation eased further, giving Beijing more room to cut interest rates or boost spending. Growth in...
