U.S.-based General Electric has won a contract to supply turbines to the Wudongde hydropower plant located in southwest China. The company will provide six turbine-generator sets and related equipment, accounting for half of the project's ...
Tags: GE, China Hydropower
China has announced it's setting up a new Strategic Emerging Industry Board to attract domestic innovators to seek funding in Chinese exchanges instead of going abroad. Fang Haixing, a deputy chairman of the China Securities Regulatory ...
Tags: New Board
The United Arab Emirates (UAE) has signed an agreement with China to set up a clearing hub for the Chinese currency Yuan or Renminbi, local UAE media reported on Sunday. The UAE clearing hub for the Chinese currency, which will satisfy ...
Tags: RMB Clearing Hub
Housing prices in China are expected to grow steadily in 2016, while divergence between bigger and smaller cities will continue, according to a property research organization. Government policy has perhaps helped to ease the housing glut ...
Tags: Property Sector, Mild Growth
On Christmas Eve, U.S. embassy in China issued security warnings for Westerners in Beijing's Sanlitun area, a popular Beijing diplomatic and entertainment district. Thanks to special forces dispatched by the Chinese government, no incidents ...
Tags: Fighting Terrorism, Anti-terrorism
Syria has said it's ready to take part in peace talks in Geneva and hopes that the dialogue will help the country form a national unity government. Syrian Foreign Minister Walid al-Moualem made the statement on Thursday during a visit to ...
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
China hopes the visit of Nepalese Deputy Prime Minister Thapa would cement China-Nepal comprehensive cooperative partnership, said a Chinese Foreign Ministry spokesperson here on Thursday. Thapa, also Nepalese foreign minister, is on an ...
Chinese Premier Li Keqiang has called on secretary-generals and general office directors of government agencies to better serve the operation of governmental organs. Li made the remarks while meeting with participants of a national ...
Myanmar authorities will appeal against death sentences on two Myanmar citizens for murder of two British backpackers in Southern Thailand last year, said U Ye Htut, Presidential Spokesperson on Thursday. The appeal will be made to the ...
Tags: Death Sentences
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth
Chinese entrepreneurs are not as confident about the macro economy as they were in the previous quarter, said a quarterly survey by China's central bank Thursday. Based on a survey of over 5,000 industrial businessmen nationwide, the ...
Tags: Entrepreneur, Confidence Index
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
The China Banking Regulatory Commission has revoked the private fund-manager licenses of 17 commercial banks. Media reports say the specific reason could be they had violated certain conditions under the Law on Commercial Banks, which ...
Tags: Fund-manager, Licenses
International industry experts say China's property market needs more government support if excess stock in the housing sector is to be reduced. Experts say much residential housing has left empty over the past few years, creating a major ...
Tags: Property Sector, Excessive Supply