Tuesday, March 24, 2015
International Monetary Fund (IMF) head Christine Lagarde said Monday she welcomed Beijing's creation of a new infrastructure bank — an institution that has drawn support from Europe and skepticism from Washington.
Saturday, March 21, 2015
Hands sheathed in white gloves, Alvin Hu's dream of serving as butler to China's growing ranks of super-rich faced an unlikely challenge: a dinner plate piled high with multicolored toy bricks.1 Comment
Gold jewelry demand cooled in China in 2014, in sharp contrast to the frenzied off take in 2013 and plunged 33 percent year-on-year to 624 metric tonnes, according to data published by the World Gold Council on Thursday.
Friday, March 20, 2015
Chinese authorities have announced plans to boost the number of electric, hybrid and other alternative fuel-powered vehicles used for public transportation, while sales of such cars for private use have spiked in recent months.
Wednesday, March 18, 2015
China's overseas direct investment (ODI) surged in February as a state-owned oil company put nearly US$3 billion into a Dutch transaction, official data showed Tuesday, while inbound investment slowed.
Tuesday, March 17, 2015
China's Internet tycoon Jack Ma, founder of giant online merchant Alibaba, gave a glimpse of the future when he demonstrated a new e-payment system using facial recognition at the CeBIT IT fair in Germany.
Friday, March 13, 2015
Chinese e-commerce giant Alibaba on Thursday joined the country's biggest auto maker with a plan to develop an Internet-connected car, following other non-traditional players such as Google making inroads into the industry.
Thursday, March 12, 2015
Chinese output, retail and investment growth have all fallen to multi-year lows, official data showed Wednesday, the latest anemic indicators to raise expectations of more government support for the world's second-largest economy.
Monday, March 9, 2015
China's monthly trade surplus hit US$60.6 billion in February, the government said Sunday, a new record for the world's second-largest economy.
Friday, March 6, 2015
China set a lower economic growth target for this year and promised to open more industries to foreign investors as it tries to make its slowing, state-dominated economy more productive.