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GENEVA — Chinese Commerce Minister Chen Deming said Tuesday that he felt “very disappointed and regrettable” at the failure of crucial WTO talks aimed to make a breakthrough in the Doha Round. “We, ... Read More

The government may not consider a further boosting of refined oil prices and pricing deregulation until the end of the Olympics in spite of the recent global drop in oil prices. Speaking to China Daily, experts and ... Read More

BEIJING - Chinese companies will face fines of up to 1 million yuan (US$146,000) if they undertake contracts abroad without official approval, under a new regulation issued on Monday. The regulation from the State Council, ... Read More

Zhou Xiaochuan, the People’s Bank of China (PBOC) governor, stressed the importance of regional financial cooperation at the Executives’ Meeting of East Asia and Pacific Central Banks (EMEAP) held on Sunday and ... Read More

GENEVA — A senior Chinese trade official on Monday refuted U.S. arguments that its reduction of cotton subsidies should be linked to tariff cuts by developing countries. “Recently we heard certain absurd ... Read More

They are neither food writers nor reporters covering the agricultural sector. But many say they are particularly interested in how people in other countries eat. Reports from the Western media on the global food situation, ... Read More

Facing food crisis in the continent, senior policy makers from African countries gathered here to discuss ways to solve the issue with call for reforms to be introduced in the maize seed sector, part of African efforts to ... Read More

Sudanese President Omar Hassan al-Bashir visited the worn-torn Darfur last Wednesday or on July 23,and this move of his was termed as a response to the International Criminal Court (ICC) in Hague. President ... Read More

CDB has maintained its stake in the British bank Barclays, ignoring regulatory disapproval. By staff reporters Zhang Yuzhe and Cao Zhen Boldly ignoring the State Council’s rejection, China Development Bank (CDB) invested ... Read More

Regulators have further tightened prices for coal burned by power plants, saying pricing rules set in June are being ignored. China’s top economic planner has urged local regulators to reinforce coal price controls ... Read More

A Chinese national working for a Chinese company who was kidnapped by unknown militants in the central Afghan province of Wardak last month was set free Sunday, said the Chinese embassy in Kabul. “Thanks to help from ... Read More

In her eighth state of the nation address, Philippine President Gloria Macapagal-Arroyo on Monday told the Filipinos to have confidence in the government that the country would survive the global challenges of high food ... Read More

The China National Petroleum Corp (CNPC), the country’s largest oil producer, planned to cut its workforce by 5 percent in upcoming three years as its profits had been squeezed by heavy refining losses. The oil giant ... Read More