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China's economy faces new challenges despite steady growth

BEIJING - China's economy faces fresh challenges and problems despite quickening economic growth as seen in the November economic data released Saturday, since the world economy has not fully recovered from the financial crisis, a senior official said Tuesday. Zhang Ping, ...

China regrets WTO ruling on US tariff on Chinese tire imports

BEIJING - China said Tuesday it regretted a World Trade Organization (WTO) ruling Monday that said a punitive United States tariff on Chinese tire imports is consistent with global trade rules. China is deeply concerned about the effect the tariff has on the Chinese tire industry...

IP enforcement operation welcomed

Industry coalition calls for more information for overseas investors SHANGHAI - An industry-based coalition said it warmly welcomed China's six-month nationwide intellectual property (IP) enforcement operation between October 2010 and March 2011. It suggested that the government ...

Sino-Russian trade bounces back in 2010

BEIJING - Bilateral trade between China and Russia has climbed back to the level seen prior to the global economic crisis , and is expected to reach $55 billion to $57 billion by the end of 2010, a Russian trade official said on Thursday. Bilateral trade jumped 43.4 percent year...

HK gets tough on Chinese medicine

HONG KONG/BEIJING - A sudden change to laws regulating the proprietary Chinese medicine (pCm) industry in Hong Kong could render nearly one-third of local pCm products illegal and turn unwitting users into criminals. Representatives of the pCm industry issued a joint call in Hong ...

Yunnan's flower industry wilting

Drought inflicts further damage on province KUNMING - The severe drought in Southwest China has seriously affected Yunnan's flower industry - one of the chief industries in the province. As a result of no rain over the past eight months, both the quantity and quality of flowers ...

Migrants to face massive evictions

As many as 1 million migrant workers will be asked to leave Chaoyang district in a major urbanization campaign that will half the area's total population, local government revealed. The term "floating population" refers to residents living in a city but without the city's hukou, ...

Property agencies scramble for new staff

After a long, quiet winter, the spring has brought a thaw in the sales of second-hand properties in Beijing, but the spike in business has led to a labor shortage at many of the capital's housing agencies. According to an investigation by the Mirror Evening News, major property ...

Brainy graduate gambles away father's fortune

A 32-year-old businessman in Shaoxing, Zhejiang province, who inherited his father's fortune, has gambled away 10 million yuan ($1.46 million) in six years. After graduating from university in 2001, Ying inherited his father's business, which he expanded using his talent and ...

China, a rising star, once again attracts talents

BEIJING - With its fast and steady development, China is now profiting from a brain gain, after having witnessed a brain drain for quite some time.Many of the country's talents studying and working abroad have been returning to their homeland to settle down.Yan Yongfeng never ...

City to start progressive charging for water

Beijing will pilot progressive charging for residential water consumption in the first half of this year, according to the Beijing Water Authority. Progressive charging for residential use will work on a quota basis, the Beijing Water Authority said Sunday. A consumption quota ...

Bidding open for celebrities' time

Wang Lifen, an ex-CCTV hostess who created the TV program Win in China, announced the launch of an online auction on the website umiwi.com selling opportunities to meet celebrities, the New Business Daily reported. The first auction was "three hours with Shi Yuzhu", chairman and ...

Training course for the rich sparks debate

A training course to turn rich children into business leaders has become a lightning rod for critics who suggest the province of Jiangsu is interfering in the market economy and catering to the wealthy. "I feel like we are going back to the time of a planned economy," said a ...

China's famous Forbidden City to open new souvenirs center

Visitors to China's famous Forbidden City will soon have a chance to relive memories of the magnificent palace -- by taking home newly-designed souvenirs. A spokesperson for the Palace Museum, which overlooks the sprawling imperial complex in the heart of Beijing, said Thursday a ...

Holiday triggers rush to go under the knife

The so-called "golden week" holiday following the Oct 1 National Day celebration presented a golden opportunity for people wanting to go under the knife for cosmetic surgery. "The number of patients we received was two to three times the number we saw last year," said Xu Beihua, ...

$29,000 for Swiss beauty secrets

Ten Chinese women of a certain age have each paid 200,000 yuan ($29,000) for a trip to extend their youth in Switzerland in October. The women, all aged over 40, have signed up for a course of "revitalization" therapy using fresh fetal sheep liver cells at the Clinique La Prairie ...

Mirror is porn product: Police

An antiques dealer detained by officers after selling a mirror with erotic images on it has appealed to a higher court yesterday after she lost a civil case against police at Xuanwu district court. Yang Hua, 42, was accused by Xuanwu police of selling an antique bronze mirror ...

Beijing cafes booming not because of coffee, but space

While it is no surprise that many Beijingers have taken to coffee since foreign companies arrived on the scene nearly 10 years ago, customers are hanging out at cafes not for the coffee - but the environment. Ren Yue, 31, is the face of the Chinese coffee drinking generation. As ...

PhD holder jailed for selling skulls

A Chinese American with a PhD has been sentenced to 8 years jail for buying and selling human skulls. Ding Wen, 44, was also fined 300,000 yuan ($44,000) by Beijing No 1 Intermediate Court on Sept 21, his lawyer Zhao Yunheng said yesterday. Zhao said Ding began buying human ...

Kidneys illegally sold online

Kidneys are being freely traded on the Internet which is functioning as a medium for sellers and the organ brokers who are gaining huge profits. Internet sites are flooded with people who want to make extra money by offering their kidneys, which can be sold for 40,000 yuan ($5...

Latest World News

world

Chicago unveils Chinese New Year celebrations
Chicago unveils Chinese New Year celebrations
CHICAGO -- Chicago held a ceremony Friday at the landmark Daley Civic ...
UN chief, Syrian FM in verbal clash at conference
UN chief, Syrian FM in verbal clash at conference
The first day of the peace conference in Montreux, was marked by ...
Chaos on streets after three reported killed in Kiev
Chaos on streets after three reported killed in Kiev
Three people have reportedly been killed in Ukraine's capital Kiev ...

market

finance

Panel to push financial reform in FTZ
Panel to push financial reform in FTZ
Financial reform in the China (Shanghai) Pilot Free Trade Zone will ...
Economist sees world economy strengthening in 2014
Economist sees world economy strengthening in 2014
NEW YORK, Jan. 24 (Xinhua) -- Global economy is likely to gain ...
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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