China will better manage local government debts and improve the risk control mechanism, the Ministry of Finance (MOF) said on Monday in the face of rising risks from expanding debt amid an economic downturn.
Jan 122016
Jan 122016
Volkswagen posted slightly weaker auto sales in China in 2015 compared with a year earlier, but demand for its luxury cars remained resilient.
Jan 102016
Uber Technologies Inc. has agreed to pay 20,000 dollars and strengthen its privacy policies to settle an investigation by New York’s attorney general, according to media reports on Friday.
Jan 092016
The Asian Development Bank (ADB) president said here Friday that cooperation with the newly created Asian Infrastructure Investment Bank (AIIB) is “kind of a win-win” for both institutions.
Jan 082016
U.S. stocks slumped for a second straight day on Thursday, as global markets rout and falling oil prices continued to weigh on Wall Street.
Jan 072016
China’s central bank is capable of keeping the yuan “basically stable at a reasonable equilibrium level” in spite of “speculating forces,” according to an editorial on the bank’s website Thursday.
Jan 072016
Northern Chinese province Hebei, which surrounds the capital Beijing and costal city Tianjin, has initiated a 10 billion yuan (1.53 billion U.S. dollars) fund to support infrastructure construction in the region, the provincial fiscal authorities said on Wednesday.
Jan 072016
It’s a chilly weekday morning and Beijing’s Zhongguancun Entrepreneurial Avenue is quiet. The transformation of this once sizzling area has led many to ask whether the subdued street hints at a larger picture.
Jan 072016
Imagine a smartphone that can work continuously for days without a recharge and even when you have to charge it at last, you can do it in just half an hour for another full day’s use. Want to own one?
Jan 072016
Many Chinese have campaigned on the internet in order to cancel a winter entertainment event — dogsled.