Cross-border yuan trade settlement has deviated from its original policy target of alleviating pressures on the country’s bulging foreign exchange reserves, the People’s Daily reported on Tuesday. A rapid accumulation in foreign reserves has created…
Category: China
Seven people will face criminal charges over a shopping mall fire in Jilin Province that left 19 dead last November, the local prosecution agency said on Tuesday. A fire broke out at Jilin Commercial Building…
WENZHOU, Zhejiang – The State Council’s special investigation team carried out its first onsite meeting on Tuesday to analyze the causes behind a deadly crash that killed at least 39 and injured 192 others, the…
A total 16 out of 162 families who survived last year’s deadly Shanghai high-rise fire have accepted either cash compensation or a new apartment made available to them by 2015 at the latest, the Shanghai-based…
GUANGZHOU / BEIJING – A total of 89 kidnapped infants were rescued and 369 suspects arrested in two major human trafficking cases this month, police authorities announced on Tuesday. In one case, Guangdong police, in…
The “7·23” accident’s victims can gain 500 thousand Yuan compensation. Although the first settlement was reached we still can explore deeply whether the sum is reasonable, legal and fair or not through the jurisprudence. …
BEIJING – China climbed up the world rankings to fifth-largest outbound direct investor last year and there is still huge potential for a higher placing, the United Nations Conference on Trade and Development (UNCTAD) and…
After allegedly finding “worms and worm eggs” in his bottled water, a Beijing father’s demand for compensation has been flatly turned down as “obviously unreasonable” by one of China’s leading beverage manufacturers. Back from hospital,…
China’s State Council will issue guidelines to bolster Henan province to build the central economic zone no later than September, while the supporting regional development plan will come out by the end of the year…
China collected 1.05 trillion yuan ($162.64 billion) of social insurance fund in the first half of 2011, up 26.6 percent from the same period last year, the China Business News reported on Tuesday, citing data…