BEIJING – Sharply higher rare earth prices reflect market conditions, not manipulation, the Ministry of Industry and Information Technology (MIIT) said on Thursday. Prices started to pick up in mid-2009. Ytterbium, one of the 17…
Category: China
PARIS – For a company that is the epitome of China’s manufacturing strength, Huawei has always managed to keep a low profile. But the second-largest telecom solution provider in the world is now giving the…
BEIJING – New Zealand milk giant Fonterra Co-operative Group Ltd will invest 260 million yuan ($40 million) in its third dairy farm in China, part of the company’s strategy to enhance the quality of fresh…
Some Westerners are blind to the truth and deny China’s progress in human rights because of ulterior motives China’s first national program on human rights development has been fully implemented in two years, according to…
Proceeds from the listing will be used to buy 36 aircraft in four years SHANGHAI – Spring Airlines aims to raise more than $1.2 billion in an initial public offering in the first quarter of…
Twelve Chinese brands feature among the world’s top 100, but it is Chinese consumers’ insatiable appetite for Western brands that appears to dominate the domestic market. This appears to be a uniquely Chinese phenomenon unlike…
WASHINGTON – The International Monetary Fund predicted on Wednesday that China will continue to drive global economic development with an estimated GDP growth rate of 9.6 percent this year. China, however, still faces a number…
NEW JERSEY – Zhejiang province’s economic profile has grown over the last 30 years since establishing trade relations with the state of New Jersey, said Zhao Hongzhu, Party chief of the eastern China province during…
BEIJING – China National Offshore Oil Corp (CNOOC) Ltd, the country’s biggest offshore oil producer by capacity, said on Wednesday that it agreed to acquire cash-strapped oil sands producer Opti Canada Inc for $2.1 billion…
HONG KONG- Chinese government measures to curb property-price gains and tame inflation are “at or close to the peak,” bolstering the outlook for stocks, according to JP Morgan Asset Management. China’s inflation will ease as…