Chinese authorities unveiled plans Monday to let companies use debt-for-equity swaps to cut soaring debt levels that economists warn might hamper the country's already slowing growth.
A former Chinese provincial Communist Party boss has been sentenced to death with a two-year reprieve as part of the country's ongoing crackdown on corruption at all levels.
The United States government is concerned that carfentanil, a powerful opioid that has caused a rash of overdose deaths, could be used as a chemical weapon and has discussed the matter with China, the State Department said Friday in response to an Associated Press investigation.
While China has public holidays for such diverse activities as sweeping ancestors' tombs, eating mooncakes and racing dragon boats, in the UK we have bank holidays, although it's mainly those who don't work in banks who celebrate them.
The International Monetary Fund boosted China's near term economic forecast upward on Thursday, but lowered medium-term outlook due to rising vulnerabilities.
Temperatures in northern China are set to plummet as a new round of cold air sweeps across the region, according to the China Central Meteorological Observatory.
Starbucks Coffee Co, the global leader in coffee chain stores, launched its Teavana brand in China on Tuesday to strengthen its tea offerings in the nation, with its strong tea-drinking culture.
Global economic growth is subdued and could fuel more protectionism, according to a report released on Tuesday by the International Monetary Fund.
Box office revenue in China declined sharply during the first three days of the National Day holiday compared with last year. It was the first plunge of holiday ticket sales in five years.
For decades, Hamleys in London's Regent Street battled it out with FAO Schwarz from New York to be known as the world's most prestigious toy store.