China neither world power nor shrinking violet

US Admiral Mike Mullen and China’s General Chen Bingde sparred over the South China Sea issue Monday. The small-scale war of words made headlines at many media outlets. Chen’s tough words impressed more than a…

Chinese funds create more jobs in UK

London – Chinese investors created approximately 1,500 jobs in the United Kingdom in the year ended March 31. That’s twice the number for the previous year, despite a drop in the number of projects under…

Gold could lose its luster after record high

BEIJING – China’s bullion investments may slow down this year compared with the sharp growth in 2010 as record-high gold prices increased the potential risk of price volatility, industry executives said on Tuesday. Song Quanli,…

Low-cost housing to drive economic growth

BEIJING — China’s property investments continued to grow at a rapid pace in the first six months of this year despite tough policies designed to cool the market by curbing speculative real estate purchases. However,…

China leads the world in renewables, UN says

China has once again topped a list of the world’s leading renewable energy countries. A report from the United Nations Environment Programme (UNEP) notes that in 2010, China led all nations investing in renewable energy,…

Safety Fears Rekindled by Bullet Train Delays

Safety concerns over the newly opened Shanghai-Beijing high-speed railway have been raised again after Sunday’s delays on the route just 10 days after the service began. Torrential rain in east China’s Shandong Province was blamed…

Fugitive from China wins interim stay of deportation

Lai Changxing, long considered one of China’s most wanted fugitives, faces deportation to the People’s Republic later this month, after his dramatic arrest late last week by Canadian border services agents. In a brief conversation…

Alibaba to launch mobile OS

E-commerce giant will compete with Apple, Microsoft and Google BEIJING – Alibaba Group Holding Ltd will launch its own mobile operating system (OS) before the end of August, with the cell phone maker Beijing Tianyu…