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Govt to Outline 2011 Fiscal Deficit Target

UPDATED: December 21, 2010 Govt to Outline 2011 Fiscal Deficit Target The central government's fiscal deficit will decrease to 700 billion China is planning to outline a fiscal deficit of 900 billion yuan ($135 billion) for next year, 150 billion yuan less than this year's target...

Wen Calls for Closer China-Pakistan Partnership

UPDATED: December 20, 2010 Wen Calls for Closer China-Pakistan Partnership Chinese Premier Wen Jiabao told Pakistani lawmakers Sunday that the two sides should further enhance their strategic cooperative partnership Visiting Chinese Premier Wen Jiabao told Pakistani lawmakers ...

China Strongly Urges DPRK, ROK to Solve Issues Peacefully

UPDATED: December 21, 2010 China Strongly Urges DPRK, ROK to Solve Issues Peacefully China strongly urges both sides of the Korean Peninsula to keep calm and restraint, solve issues through peaceful dialogue and engagement China strongly urges both sides of the Korean Peninsula ...

DPRK Says Drills 'Not Worth Response'

UPDATED: December 21, 2010 DPRK Says Drills 'Not Worth Response' There was no retaliation from Pyongyang to the drills The Democratic People's Republic of Korea (DPRK) said that it "was not worth reacting" to "military provocation" by the Republic of Korea (ROK), in a statement ...

Fuel Hikes Reflect Market

UPDATED: December 22, 2010 Fuel Hikes Reflect Market Officials and researchers said the increases will have only a limited effect on inflation Gasoline and diesel retail prices will rise by around 4 percent on Wednesday, reflecting global market fluctuations, but officials and ...

China Launches New State Asset Management Company

UPDATED: December 23, 2010 China Launches New State Asset Management Company The new firm, China Reform Holdings Corporation Ltd., will focus on "reorganizing small-sized SOEs which do not affect national security and are not crucial to the national economy" China unveiled a new ...

Higher Pensions, Student Stipends

UPDATED: December 23, 2010 Higher Pensions, Student Stipends In addition, it extended tuition waivers to 4.4 million vocational school students China introduced a set of measures on Wednesday to raise pensions for those retired from enterprises and increase subsidies for poor ...

China Rejects Vatican's Criticism as Very Imprudent, Ungrounded

UPDATED: December 23, 2010 China Rejects Vatican's Criticism as Very Imprudent, Ungrounded China's religious freedom was protected by the Chinese Constitution China has rejected the Vatican's criticism of a recent national congress of Chinese Catholics, blaming the Vatican for ...

Beijing to Limit Issuing New Car Plates

UPDATED: December 24, 2010 Beijing to Limit Issuing New Car Plates According to the city's regulation, a Beijing driver will be permitted to own only one car in his or her name The Beijing municipal government said Thursday it will limit 2011 issuance of new car license plates to ...

China Strengthens Regulation on Foreign Property Investment

UPDATED: December 24, 2010 China Strengthens Regulation on Foreign Property Investment Foreign direct investment (FDI) into China's property sector jumped 48 percent to $20.1 billion in the first 11 months China is tightening regulation on foreign investment in the real estate ...

S. Korea to Begin Three-day Sea Maneuvers in East Sea

UPDATED: December 23, 2010 S. Korea to Begin Three-day Sea Maneuvers in East Sea South Korea also plans to stage on Thursday a major drill involving artillery guns and fighter jets at a firing range in Pocheon South Korea will hold three-day drills in waters off the east coast of ...

DPRK Military Says Prepared to Launch a Sacred War

UPDATED: December 24, 2010 DPRK Military Says Prepared to Launch a Sacred War The army of the DPRK is getting fully prepared to launch a sacred war of justice "based on the nuclear deterrent" at any time The Democratic People's Republic of Korea (DPRK) military said on Thursday ...

Chinese Mark 117th Anniversary of Mao's Birth

UPDATED: December-27-2010 Chinese Mark 117th Anniversary of Mao's Birth People across China marked the 117th anniversary of the birth of late leader Mao Zedong on Sunday with various activities in his hometown in central Hunan Province as well as in other parts of the nation. In ...

China Raises Interest Rate

UPDATED: December-27-2010 China Raises Interest Rate China 's central bank announced Saturday that it will raise the one-year lending and deposit interest rate for the second time this year, as the government continues its battle against surging prices. The People's Bank of China ...

China Confident of Keeping Inflation in Check

UPDATED: December 27, 2010 China Confident of Keeping Inflation in Check The premier made the remarks while answering a listener's question during a radio broadcast by China National Radio With a series of measures being adopted to curb price spikes, the Chinese government is ...

ROK, China Defence Chiefs to Meet in Beijing

UPDATED: December-27-2010 ROK, China Defence Chiefs to Meet in Beijing Defence ministers from the Republic of Korea (ROK) and China will hold talks in Beijing in February amid growing regional tension sparked by the Democratic People's Republic of Korea (DPRK)'s nuclear ...

Chinese Navy Fleet Visits Indonesia

UPDATED: December-28-2010 Chinese Navy Fleet Visits Indonesia Three Chinese Navy ships arrived on Monday in Indonesia's seaport of Tanjung Priok, carrying out friendship mission with several programs aimed at improving relations between the two countries. Those ships, consisting ...

China's First Solar Chimney Plant Starts Operating

UPDATED: December-28-2010 China's First Solar Chimney Plant Starts Operating A water-tower-like chimney is eye catching in the desolate desert, where under the chimney is a glass-made house sitting above the ground. This is a solar chimney plant system in Jinshawan, Wuhai City of ...

U.S. Defense Chief to Visit China in January

UPDATED: December-28-2010 U.S. Defense Chief to Visit China in January U.S. Defense Secretary Robert Gates will visit China from January 9 to 12 next year, the Chinese Defense Ministry said Monday. "Gates will make the visit as guest of Chinese State Councilor and Defense ...

China to Continue Proactive Fiscal Policy

UPDATED: December-28-2010 China to Continue Proactive Fiscal Policy China will continue to implement its proactive fiscal policy in 2011 and better handle the relations between maintaining steady and relatively fast economic development, restructuring the economy and managing ...
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