Latest Beijing News
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Central China Expo opens in Henan
The eighth Central China Expo, an important platform for contract-signing and investment in China's central regions, kicked off on Saturday in Zhengzhou, capital of Henan Province.Some 36,014 businessmen, including senior executives of Nestle, Carrefour and other big names among the world's top 500 companies, are attending the three-day event.Vice Premier Wang Yang and Minister of ...
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China to issue 20 billion in 50-year T-bonds
Finance (MOF) announced Friday that it will issue 20 billion yuan ($3.23 billion) in 50-year book-entry treasury bonds. The issuance marks the ministry's tenth issuance of book-entry treasury bonds this year, according to a statement posted on the MOF website. The interest rate for the bonds is fixed at 4.24 percent. Interest will be paid every half year on May 20 and November 20 ...
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Chinas food sector to boom
food industry will continue to experience steady and healthy growth in the coming years against the backdrop of a sluggish economy, according to an industry analyst. Xiong Bilin, vice president of the China National Food Industry Association, made the remarks Thursday at a food expo held in central ...
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US neutrality urged on China-Japan dispute
/enpproperty--> WASHINGTON - China's Ambassador to the United States Cui Tiankai on Friday urged Washington to remain "truly neutral" on the Sino-Japanese territorial dispute in East China Sea by honoring its promise to "take no side". In an interview published by the US magazine Foreign Affairs on its website, Cui blamed Japan for creating the dispute and tensions ...
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Over 100 cockroaches 500 spiders from Germany seized by Beijing customs
Beijing intercepted more than 100 cockroaches and 500 spiders hidden in parcels mailed from Germany, local authorities said on Friday. The five parcels intercepted by the Beijing Entry-Exit Inspection and Quarantine Bureau were a record high for insect interceptions in the Beijing region. "According to the criminal law, the maximum sentence would see whoever sent this being put in ...
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China-India coercion easily trumps diffidence
India cannot match China miltarily – now and very likely in future. China has vast reserves ($3 trillion) that can easily be used to procure sophisticated armaments. The question arises – why did US, that has been trying to woo India into a partnership did not speak out in defence of India. The only statement that came out from US was to settle the differences amicably. India alone ...
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China will not accept carbon tax on EU flights report
BEIJING (AFP) - China will not pay for CO2 emissions by its airlines on flights within Europe, a top civil aviation official reportedly said after the European Commission warned eight Chinese firms face fines for nonpayment.The world's second largest economy "will not accept any unilateral and compulsory market measures", Yan Mingchi, deputy director-general of the legal and ...
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China challenges Japanese sovereignty over Okinawa
published an article on May 8 implicitly asserting Chinese claims over Okinawa, a Pacific island long held by Japan that houses key US military bases. China is already involved in a tense dispute over Japan's moves to nationalise the nearby Senkaku/Diaoyu islets, which sit astride key shipping lanes and undersea energy resources. ...
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Canada’s NDP denounces China signals support for Obama’s “Asia Pivot”
Canada's Official Opposition, the trade union-backed New Democratic Party (NDP), brought forward a motion last month to scuttle the recently negotiated Canada-China Foreign Investment Promotion and Protection Agreement (FIPA).Though their motion was doomed to be overwhelmingly defeated and quickly forgotten, the social democrats used the occasion to repeatedly denounce the ...
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Chinese premiers India trip to evince Beijings unwavering pursuit of better ties
The choice of India as the first leg of Li Keqiang's maiden overseas trip as Chinese premier sent out a clear signal that Beijing's new leadership prioritizes enhancing ties with New Delhi despite border spats and other disputes.The rationale is simple: With China and India being the world's two largest developing countries and most populous nations -- accounting for about 40 ...
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Speeding Up Again China House Prices
China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging policymakers who are trying to cool record home prices while supporting economic expansion. Average new home prices rose 4.9 percent last month from a year ago, after a year-on-year increase of 3.6 percent in March, according to Reuters calculations from data released by the ...
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Death toll rises in China storms
The Chinese Ministry of Civil Affairs website says at least nine provinces have had storms and some flooding and landslides since Tuesday.It says Guangdong province has been hit the hardest, with 36 deaths and 10 missing people, followed by Jiangxi province, where six people are reported dead and four more missing.Guangdong's weather service forecasts more heavy rain along with thunder, ...
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Kerry confront China on human rights
"No nation has more opportunity to advance the cause of democracy, " said then-Sen. John Kerry at his recent confirmation hearing to become U.S. secretary of state. "And no nation is as committed to the cause of human rights as we are." This weekend, ...
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Mexican Foreign Minister to Pay Official Visit to China
Beijing, May 18 (Prensa Latina) The Secretary of Foreign Affairs of Mexico, Jose Antonio Meade, will start Sunday a two-day official visit to China, said the Foreign Ministry spokesman Hong Lei. Meade meets an invitation of Chinese Foreign Minister Wang Yi. Those nations last year celebrated four decades of the establishment of diplomatic relations, which rose to strategic partnership in 2003. ...
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5.1-magnitude quake hits Chinas Yellow Sea CENC
A 5.1-magnitude quake jolted China's Yellow Sea at 6:02 am Saturday Beijing Time, according to the China Earthquake Networks Center.The epicenter, with a depth of 8 km, was monitored at 37.7 degrees north latitude and 124.7 degrees east longitude, the center ...
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China wealth management sector shrinks
Chinese authorities' recent tightening over banks' wealth management products has led to a decrease in the number of new products and their yields.Chinese banks and financial institutions in April issued 2,439 wealth management products, a kind of high-interest deposits. The figure was 12.8 percent lower than in March, according to Bankrate.com.cn.In the first week of May, 35 Chinese ...
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55 killed 14 missing in S. China storms
Fifty-five people have died and 14 others were reported missing in the latest round of rain and hailstorms that have swept south China, according to official statistics collected as of 8 p.m. ...
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Officials scramble to lift block on NZ meat in China
China steps up inspection of meat trade after fake lamb scandal Government officials are working "around the clock" to resolve an issue which has seen New Zealand meat products stopped at the border in China. The problem is understood to be around documentation and while the Government will not say how much meat has been prevented from entering China, Labour claims it is ...
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Cannes 2013 A Touch Of Sin the boldest work to emerge from China in years
Disgusted by corrupt local leaders, an angry miner picks up a shotgun. A migrant worker returning home looks to armed robbery to escape a life of relentless bleakness. A pretty receptionist at a sauna is driven to the limit when a gangster tries to rape her. And a young man drifts nightmarishly from job to job to try to make ends meet. These tableaux would not be out of place in a gritty ...
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China Greece pledge closer parliamentary exchanges economic cooperation
China and Greece pledged to strengthen parliamentary exchanges and boost economic cooperation during a meeting between top Chinese legislator Zhang Dejiang and Greek Prime Minister Antonis Samaras on Friday.Samaras arrived in Beijing on Wednesday and is paying a five-day official visit to China.Zhang, chairman of the Standing Committee of the National People's Congress (NPC), said during ...
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Home prices rise slower in China
BEIJING -- New home prices rose at a slower pace in Chinese cities in April as the government's recent tightening measures started to take effect, data from ...
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10000 people suffer due to manganese tainted tap water in S China town
At least 10,000 people suffered a shortage of drinking water in a South China town on Wednesday following the detection of excessive manganese in the tap water. "The city government of Lufeng in Guangdong Province said the manganese level in the tap water in Da'an town was 1.2 mg per liter since Monday, 12 times the maximum amount allowed in drinking water," reports Xinhua.he ...
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China April home prices rise 4.9 pct yy-Reuters calculation
BEIJING | Fri May 17, 2013 9:45pm EDT BEIJING May 18 (Reuters) - Average new home prices in China's 70 major cities rose 4.9 percent in April from a year earlier, according to Reuters calculations based on official data published on Saturday, marking the fourth straight month of year-on-year increase. In month-on-month terms, prices rose 1 percent in April, easing from March's ...
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China to invest more in Greece
Containers are backlogged at the port of Piraeus, near Athens. China will expand its investment in the port, considered a vital gateway for shipping heading ...
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Chinese Quit Communist Party Heralding a New China
Baiqiao Tang, chairman of China Peace, and a leading Chinese dissident, speaks at a rally calling for an end to the persecution of Falun Gong in China in front of the United Nations building in New York City on May 17, 2013. (Edward Dai/The Epoch ...
Beijing Feature
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Massive Beijing Subway expansion plans
The Beijing Subway is one of the biggest, most efficient and most used subways in the world. It is constantly undergoing expansion and upgrades, and yet is unable to keep up with the growth of the capital city. With the recently announced plans for the expansion of the subway by over 60%, the city will certainly be hard-pushed to meet the massive task.
The Beijing Subway is one of the largest in the world. It carries over 5 million people every day, and hundreds of trains run on 228kms of track and service 147 stations. It is a feat of engineering, planning and coordination every single day. It is a network that Beijing commuters should be proud of, it represents the forward-thinking and development of the city. Read more
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