A Shanghai-based furniture company is under investigation after it was revealed that its products said to be imported from Italy were made in China, The Beijing News reported Monday. DaVinci Furniture Ltd, famous for its…
Category: Regions
China’s real income tax threshold will be 4,545 yuan after the personal income tax law amendment, People’s Daily reported on Tuesday, citing Liu Zuo, head of the research center at the State Administration of Taxation….
SHENZHEN, Guangdong – Just five days after a boy was killed and 30 people were injured in a Beijing subway crush caused by an escalator malfunction, at least two passengers were hurt in a similar…
China’s foreign reserves have soared to nearly $3.2 trillion as Beijing intervened in currency markets to control its yuan despite pledges to allow more flexibility. The reserves rise as Beijing buys foreign currency to counter upward pressure on the…
Chairman of the U.S. Joint Chiefs of Staff Mike Mullen visited an air force base of the Chinese People’s Liberation Army in this east China’s Shandong Province. The base is a terminal of the 19th…
Authorities in China’s most populous province have asked Beijing to ease the one-child policy, a government official said Tuesday, amid growing concerns over gender imbalances and an ageing population. Guangdong, in southern China, wants to…
BEIJING – China will continue to phase out unneeded industrial capacity this year, with 2,255 enterprises closing facilities, while the government fights the worst power shortage in years, a statement on the Ministry of Industry…
Consumer price stability top priority for government, Premier says BEIJING – Premier Wen Jiabao told government departments to take immediate measures to support pork production and increase supplies to prevent a surge in the price…
The latest readings on Chinese inflation and renewed worries about European debt pushed oil lower. Benchmark West Texas Intermediate crude fell $1.05 to $95.15 per barrel yesterday on the New York Mercantile Exchange. Brent crude…
For some, the “highest-profile conference on water conservancy” that ended Juyl 9 was a precious boost to the lackluster stock market. There was an immediate upsurge – many described it as a “blowout” – of…