Ample Reasons for Another Yuan Growth Spurt
Inflation, political pressure and exports are some of the many factors behind a jump in the yuan’s value in August
While turmoil over sovereign debt crises roiled markets in Europe and the United States, the value of China’s yuan quietly appreciated the week of August 8 for reasons not entirely...
Crash Stirs Concern on Rail Reform
Aside from major uncertainties in measures taken to improve safety, analysts say that the Ministry of Railways is facing questions over the management of debt
The deadly train crash on July 23 has raised a frightening new awareness into the risks of rapid infrastructure development, and, the financial...
Beijing Maps Out Telecom Overhaul
China revealed plans for a long-awaited shake-up of its huge telecommunications sector that could enhance competition among carriers and, eventually, lead to billions of dollars in new contracts for global wireless-equipment companies.
The restructuring, announced Saturday after years of preparation,...
Mourning Victims Of Wenchuan Earthquake
BEIJING, May 19 (Xinhua) — China on Monday began a three-day national mourning for the tens of thousands of people killed in a powerful earthquake which struck the country’s southwest on May 12.
At 4:58 a.m., the national flag at the Tian’anmen Square in downtown Beijing flew at half-mast...
Calling for donations for China earthquake
For those who are looking to contribute to current aid efforts underway, you can now donate money to the Red Cross Society of China which has formed a disaster relief working group to be dispatched to the earthquake-stricken Wenchuan County in Sichuan.
They have also published an emergency relief hotline,...
Thousands Feared Dead as Strong Quake Hits China
A powerful earthquake struck a mountainous region of western China on Monday, reportedly killing as many as 5,000 people in a single county and trapping more than 900 students beneath a collapsed high school as tremors shook buildings throughout China and were felt as far away as Thailand and Vietnam,...
Japanese to refine more oil for China
China National Petroleum Corporation is in talks to buy a 49 per cent stake in a Japanese oil refinery operated by Nippon Oil.
It is the first investment in Japan by the Chinese company, which is seeking to overcome a chronic shortage of refining capacity.
State-owned CNPC and Nippon Oil signed a letter...


