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Italy's economy stir concern across China

A branch of the Italian bank Intesa Sanpaolo SpA in Rome. Because Italy is a major eurozone economy, its downgraded sovereign debt outlook could negatively affect views of the economic situation in Europe as a whole, and affect China's exports to some extent, said Zhuang Jian, a ...

Sino-African fund set to swell in 5 years

Workers hang a banner for the FIFA World Cup from a cooling tower in Johannesburg, South Africa, in June. Chinese investment in Africa exceeded $1 billion in 2010 from tens of millions of US dollars in 2000. [Photo / Provided to China Daily] The second phase of raising capital ...

Rice planting goes on despite drought

BEIJING - Rice farmers across China finished transplanting rice into paddies this year without being seriously affected by drought, but agricultural authorities are still warning that water shortages may hinder the growth of plants. Farmers in China are expected to plant 5.87 ...

No agreement yet on new IMF chief

From left to right: Manmohan Singh, India's prime minister, Dmitry Medvedev, Russia's president, Hu Jintao, China's president, Dilma Rousseff, Brazil's president, and Jacob Zuma, South Africa's president, pose for a group photo in Sanya, Hainan province. Leaders from Brazil, ...

China builds mega deep-sea oil rig

The oil rig, named CNOOC981, is launched Monday in Shanghai. China has inaugurated its most advanced deep-sea oil platform capable of operating at up to 3,000 meters under the surface of the ocean. This move boosts the country's offshore tapping capabilities and enhances its ...

Boost for Chinese fashion brands

Shoppers looking at clothing and accessories at a Chloe shop in Shanghai. Chloe, the French fashion label owned by Cie Financiere Richemont SA, aims to add four stores in China this year in competition with its business rivals to win the trust of Chinese consumers, said Chief ...

Ministry of Mines vying for strategic partners

Ready to go: Zambia's mining sector has been kickstarted with a round of oil and gas licenses issued in July. [China Daily] Country thirsty for investment to help it bring a wealth of untapped minerals to the surface Editor's note: Underpinned by copper, cobalt and manganese, ...

Mild inflation may be long-term trend in China: economists

Taming China's inflation has topped media headlines over the past months. However, economists said instead of coming down, mild inflation would accompany China for a relatively long period of time. China's inflation stayed stubbornly high in April, in spite of the government's ...

Sturgeon farming on a bigger scale

Company aims to revolutionise the production of caviar in the country KUNMING - As the taste for luxury goods grows in China, the nation's sturgeon farmers could be entering business on a different scale. That's after a new company announced its ambition to build the world's No 1 ...

Lending curbs hit nation's property developers

A real estate project on display in Hangzhou, Zhejiang province. Chinese developers are paying as much as 25 percent to borrow from private trust companies to avoid lending curbs. [Photo / China Daily] BEIJING/SHANGHAI - China's developers are paying as much as 25 percent to ...

WGC issues glowing report on gold demand

A gold jewelry store in Nanjing, Jiangsu province. The World Gold Council said in a report released on Wednesday that demand for gold jewelry on the Chinese mainland jumped by 21 percent year-on-year in the first quarter of 2011 to a quarterly record of 142.9 tons, valued at $10...

Sandvik still sees opportunities in nuclear power

A worker for Sandvik AB's mining and construction unit in Jiading, Zhejiang province. Since 2009, the Swedish industry group has provided parts to Shanghai Electric Nuclear Equipment Co Ltd and Harbin Electric Nuclear Equipment Co Ltd. [Photo/China Daily] High energy demand will ...

Bigwigs to discuss low-carbon growth in Beijing

The press conference of the 2011 International Technology Forum on Innovation and Low-Carbon Development and TPT Beijing Meeting, May 19, 2011. [Photo / Provided to chinadaily.com.cn] Political and business heavyweights are set to find ways for low-carbon growth at a forum in ...

China's high saving rate may trigger overheating: central bank governor

China's high savings rate may lead to increased investment, which could in turn trigger economic overheating or asset bubbles, said Zhou Xiaochuan, governor of the People's Bank of China, the country's central bank, at a forum Friday. Zhou called for caution against "cyclical ...

China's gold demand to double in 10 years

According to the first quarter report "Gold Demand Trend in China," released by the China office of the World Gold Council, China has become the second biggest gold consumer market, and its demand for gold will double in the next 10 years. With China's great contribution to the ...

XCMG to buy stakes in Europe

Products made by Xuzhou Construction Machinery Group on display at a machinery exhibition in Shanghai. The construction machinery industry in China has experienced a 30 percent expansion in annual sales during the past few years. [Photo/China Daily] Xuzhou Construction Machinery ...

Property prices still rising in most cities

More tightening measures may be adopted if upward trend continues BEIJING - More tightening measures may be introduced by the government if property prices and transactions in second and third-tier cities continue to rebound, an industry insider warned on Wednesday. Property ...

Pakistan seeks investment lift

A worker checks spools of thread in a textile factory in Karachi, Pakistan. The country is attempting to export more non-traditional goods, such as marble, leather goods, food and minerals, to China. [Photo/Agencies] With free-trade agreements, officials aim to double bilateral ...

Tours resume to Japan, prices 'very cheap'

A worker with a Japanese tourism agency in Shanghai displays a promotional brochure to reporters attending a tourism fair on May 12. The words on the board behind him read: "We would like to extend our sincere thanks to all of you for the help and support." [Photo / Provided to ...

Brakes slammed on railways

BEIJING - The country's environment watchdog has ordered the operation of one high-speed railway to stop and halted construction on a second over violations of environmental laws. The Ministry of Environmental Protection posted a notice on its website on Wednesday ordering the ...
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Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
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UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
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Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
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market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
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Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
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China economic reform in focus at World Economic Forum
China economic reform in focus at World Economic Forum
There’s been much talk of China at the World Economic Forum-and a ...

company

industry

China's banks must evolve or perish
China's banks must evolve or perish
As China's traditional banks raise interest rates to claw back lost ...
Court rejects Apple lawsuit over iPad name
Court rejects Apple lawsuit over iPad name
Shenzhen Municipal Intermediate People's Court has rejected a lawsuit ...
Chinese steelmakers see profits plunge
Chinese steelmakers see profits plunge
China's 77 major steel companies reported an average profit margin of ...

trade

sports

Injured star short-track skater Wang Meng left out of China's squad for Sochi
Injured star short-track skater Wang Meng left out of China's squad for Sochi Winter Games
Injured Olympic champion Wang Meng has been ruled out of the 139...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...
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