DPRK, China mark 50th anniversary of friendship treaty

Visiting Chinese Vice Premier Zhang Dejiang on Monday attended a banquet to celebrate the 50th anniversary of the Treaty of Friendship, Cooperation and Mutual Assistance Between China and the Democratic People’s Republic of Korea (DPRK)….

Hu sends condolences to Medvedev over ship sinking

Chinese President Hu Jintao on Tuesday extended condolences to his Russian counterpart, Dmitry Medvedev, over Sunday’s ship sinking accident in the Volga river. Hu, on behalf of the Chinese government and people, mourned those killed…

Yao retirement risk NBA profile in China

The expected retirement of Chinese basketball star Yao Ming risks diminishing the NBA’s once-burgeoning popularity in the country, with many local fans saying they would no longer watch NBA games. Yao’s expected retirement comes at an already…

China launches new data relay satellite

China blasted off a new data relay satellite “Tianlian I-02” on Monday at the Xichang Satellite Launch Center in southwest Sichuan Province. The satellite was launched on a Long March-3C carrier rocket at 11:41 p.m….

Working with banks in China can be a minefield

As multinational companies (MNC) look to establish and build successful businesses in mainland China, they face a number of hurdles, including understanding local regulations and working with new banking partners. Many will choose to leverage…

Refinery blaze ‘never threatened nuke plant’

HUIZHOU, Guangdong – A fire that broke out early on Monday at an oil refinery in South China’s Guangdong province did not threaten the safety of the nearby Dayawan Nuclear Power Station, local authorities have…

Defense Minister Kim to visit China this week

Defense Minister Kim Kwan-jin will visit China this week for a ministerial meeting on regional security and defense cooperation, the defense ministry here said Tuesday. Kim will be in China from Thursday to Saturday and…