BEIJING – China is not at risk of a hard landing in spite of an economic slowdown, said a senior official at the country’s top economic planner, warning that the loose monetary policy by the…
Category: China
BEIJING – The Ministry of Railways on Thursday unveiled a new operation plan for bullet trains, one day after the State Council ordered high-speed trains to run at slower speeds for safety. High-speed trains running…
Air tickets are too expensive, trains aren’t always safe, cabbies are onstrike and car purchases are still limited. For bank clerk Lian Ping, itseemed as if all travel options had run out for her birthday…
Those who live in flourishing cities may find it hard to imagine the life in a remote mountainvillage. Wang Leimei, 13, lives with her parents and six-year-old brother in a rundown cottage in Xialaovillage in…
SHANGHAI – A man who lost five family members, including his wife and unborn child, in lastmonth’s deadly high-speed train crash hopes to raise money for charity by selling tickets for thetrain. Yang Feng declared…
BANGKOK – Asian stock markets followed Wall Street lower Thursday as concerns mountedover the worsening debt crisis in Europe and a slackening global economy. Oil prices hovered below $83 a barrel, while the dollar slipped…
China’s exports grew 20.4 percent in July from a year earlier, accelerating from 17.9 percent in June, while imports increased by 22.9 percent in July over a year ago, the General Administration of Customs said…
China’s first aircraft carrier left a shipyard in northeastern Dalian Wednesday for its first trial journey. Tugboats steered the vessel out of the shipyard at about 6 am Wednesday, a source close to the trial…
Beijing’s Palace Museum, or the Forbidden City, is again under an uncomfortable spotlight after China Youth Daily reported it auctioned off five pieces of ancient calligraphy, yet another allegation denied by the museum. According to…
Media reports have unveiled new evidence accusing the Palace Museum at the Forbidden City of spending 100,000 yuan ($15,460) to coverup a scandal in 2009. While denying any “hush money” was paid, museum authorities admitted…