Demand for ‘green funds’ increasing
Demand for financing to China’s new energy industry, emission reduction and environmental protection could amount to 8 trillion yuan ($1.2 trillion) in the coming decade, said a senior provincial official on Tuesday. By ... Read More
‘China threat’ theory is absurd
As the sleeping dragon awoke toward the end of the last century, the West felt uneasy. And when it took off on the road to rapid economic development, the West’s unease began turning into fear, giving rise to the ... Read More
South Africa keen to jump on BRIC wagon
Editor’s Note: South African President Jacob Zuma paid a state visit to China from August 23 to 26 along with a large delegation of 13 cabinet members and more than 300 businesspeople. How will the visit enhance China- ... Read More
Chinese businessmen bedevilled by bureaucracy in Egypt
“We don’t own any apartment here. Why? Because, after all, this is someone else’s country,” said Chen Jiannan, 40, chairman of the Egyptian Chinese Solidarity Council, in a backstreet Chinese restaurant ... Read More
A warning sign for China’s future food security
For the first time in six years, the summer grain yield dropped by 400 million kilograms, according to the data released by the National Bureau of Statistics on Friday. On the same day, the Standing Committee of the 11th ... Read More
CADF signs extraction deal for uranium
China National Nuclear Corporation (CNNC) announced Tuesday that it has signed a contract with the China-Africa Development Fund (CADF) on uranium exploration in Africa. China Uranium Corporation, a subsidiary of CNNC, will set ... Read More
Chinese entrepreneur donates 1M.yuan to Pakistan
A well-known Chinese philanthropists Chen Guangbiao, also the CEO of a resources recycling company in east Jiangsu Province, donated one million yuan (US$146,821) to Pakistani flood victims on Tuesday. “Pakistan is a ... Read More
Impoverished population in ethnic areas drops
The impoverished population in rural areas of China’s ethnic autonomous areas fell to around 19.55 million in 2009, down 1.48 million from a year earlier, the State Ethnic Affairs Commission said Tuesday. Impoverished ... Read More
Vietnam attracts Chinese investors for S Asian market
Chinese companies are investing more in Vietnam in order to get better access to the Southeast Asian market and its comparative cost advantages, Vietnamese trade officials said on Monday. “Investment from China has ... Read More
China, Nigeria pledge to boost ties
Chinese Vice Premier Li Keqiang met with Nigerian Minister of Foreign Affairs Odien Ajumogobia in Beijing Tuesday, with the two sides pledging to boost bilateral ties. China and Nigeria have a long history of friendly ... Read More
Interest in Chinese culture main incentive for Iranians to learn Chinese
With his head lowered, Alidoost wrote Chinese characters carefully on his exercise book, and from time to time he looked up and read the words aloud following the Chinese teacher of the Confucius Institute at Tehran ... Read More
China says to continue supporting Ethiopia’s health sector
Chinese Ambassador to Ethiopia Gu Xiaojie on Thursday said the Chinese government is keen to enhance the development cooperation with Ethiopia and China would continue assisting Ethiopia in the health sector. The ambassador, ... Read More
Five keys to successful banks
The global financial crisis has apparently brought dramatic changes that will impact the banking industry. Three characteristics define the new era that bankers have entered. First, banks have to maintain their profitability in ... Read More