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A group led by China’s Sepco III Electric Power Construction has made the lowest bid of $2.44 billion to build a 2,400 megawatt power plant in Saudi Arabia, two industry sources said Saturday. The group, which also ... Read More

For the first time, a Chinese company has overtaken Exxon Mobil as the world’s most valuable company, according to a ranking released by Financial Times May 30. PetroChina, China’ biggest oil and gas producer, made ... Read More

While regional integration is breaking down the walls dividing adjacent countries, free trade is thickening the web of their economic interdependence between them with potential benefits. After concluding their third round of ... Read More

China must focus its efforts on extracting a higher price for its exports at a time when global inflation is inevitable China’s lack of pricing power in fierce international trade has become the top concern at a time when ... Read More

China, Japan and the Republic of Korea (ROK) are expected to remove obstacles to trade and to promote further cooperation among the three nations, following the release of a blueprint for the next decade during the third ... Read More

Black brick kilns with slave-like laborers have resurfaced in China, as 34 migrant workers were set free by a police raid in Hebei province, local media reported on Sunday. A total of 11 suspects including the kiln’s ... Read More

A national think tank official said at a gathering of county officials from Sichuan Province Saturday that the local and central governments should make continuously boosting farmers’ incomes a priority, as urban and ... Read More

China’s vegetable prices have soared in the last few weeks, and foreign capital is looking to take advantage. An international private equity investment bank, the Blackstone Group, recently injected capital into the China ... Read More

Chen Bingde, chief of the general staff of the Chinese People’s Liberation Army, left for Tanzania on Saturday after a three-day friendly visit to Angola. During his visit to Luanda, Chen met with Angolan President Jose ... Read More

Northeast China’s Heilongjiang province has leased 426,667 hectares of land in Russia to grow crops, the provincial agriculture commission said on Friday. As China’s northernmost province, Heilongjiang shares a ... Read More

Angolan President Jose Eduardo dos Santos on Friday held talks with visiting Chief of the General Staff of the Chinese People’s Liberation Army Chen Bingde, officials with the military delegation told Xinhua. Welcoming ... Read More

Chinese companies have been told to shift their investment focus from infrastructure and energy resources to Africa’s agricultural and manufacturing sectors. “Chinese companies can explore more opportunities in ... Read More

Three kidnapped Chinese technicians were freed on early Saturday morning in the Niger Delta region of Nigeria, an official from the Chinese Consulate General in Lagos said. The three male technicians, who worked for a Nigerian ... Read More