China’s cabinet stresses govt openness

BEIJING – The State Council, China’s cabinet, released a circular on Tuesday urging increased openness in government affairs to ensure officials continue to work in a lawful and efficient manner. “We should stick to lawful,…

Former inmate reveals existence of ‘black jail’

BEIJING – “Black jails” run by security companies to intercept or confine “deviant petitioners” have not yet been swept out of the capital, according to Beijing police who said they recently dismantled one such jail…

Industry faces better prospects

More people in the age group of 20-40 years old are willing to buy insurance products due to a lower appetite for risks, indicating business opportunity for life and health insurers, according to a report…

China’s economy not at risk

The Chinese economy will not experience a “double-dip” nor big fluctuations, and the government is capable and confident of keeping steady and relatively fast growth in the long run, an official from the National Development…

HSBC Shanghai listing to be delayed

HSBC Holdings Plc, Europe’s biggest bank, said it might have to wait before listing in Shanghai because of market conditions, a senior executive said on Tuesday, in a sign that the long-awaited international board may…

Staff error caused relic damage: ministry

China’s top culture and heritage authorities confirmed on Tuesday damage done to a 1,000-year-old porcelain plate was caused by poor operation of an analytical device by staff. The admission came after public outrage at the…

More luxury brands found to fail quality control tests

According to the Guangzhou Industrial and Commercial Administration Bureau, casual garments produced by some popular brands were declared substandard by the latest quality control tests in Guangzhou, capital of Guangdong Province. Other well-known brands, such…