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The prohibition would last until China, a World Trade Organization (WTO) member for nearly 10 years, signs on to the WTO's "Agreement of Governmental Procurement," enabling Washington to challenge Beijing's procurement rules.
The Peoples Bank of China has announced that it will no longer fix its currency in terms of the dollar. Instead it will manage the yuan against a basket of currencies.
'China is considered a stealth buyer of gold, said Boris Schlossberg, director of currency research at Global Forex Trading. As the world's largest producer of the metal, China often buys gold from its own mines and doesn't report those sales...
Who is the largest foreign holder of mortgage bonds from Fannie Mae and Freddie Mac? China. The nation owns $300 - $400 billion worth, which comes to nearly 20% of China's official currency reserves according to unofficial estimates via China Daily
Wilkerson on Cheney Pt.3: Cheney wanted to use downing of a US plane as excuse to start a new cold war
Zhu Baoqi should have been a shining example of China's economic miracle in the heartland of the ruling Communist Party. As government funds flooded into industry and construction across his home province of Shaanxi, Zhu became a rich man. Startin
North Korean border guards shot and killed three Chinese suspected smugglers and wounded a fourth last week, prompting a complaint from Pyongyang's only major ally, China's Foreign Ministry said on Tuesday.
A Chinese farmer has declared war on property developers who want his land, building a cannon out of a wheelbarrow and pipes and firing rockets at would-be eviction teams, state media said on Tuesday.
One day after China refused to take a stand against North Korea over the March 26 sinking of South Korea's Cheonan naval ship, South Korea appears to be moderating its rhetoric against the North over the Cheonan sinking.
China is cracking down on Tibetan intellectuals and artists who have sought to open up discussion of the future of their region after unrest that spread across the area in Spring 2008, an overseas activist group said on Tuesday.
China and India have lifted at least 125 million out of slums between 1990 and 2010. * China improved the daily conditions of 65.3 million urban residents who were deprived of shelter * China’s urban population living in slums fell from 37.3 pe
Korea estimates that anywhere from 50,000 to 100,000 people from North Korea are currently living in China. Of those, about 80% are women. And of the women, almost 90% have been trafficked at some point or are currently victims of trafficking. For th
Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.
China said on Friday one of its diplomats and his family were arrested, "harassed and assaulted" in Houston (on consular grounds by Houston police) and lodged a complaint with the U.S. State Department.
A knife-wielding man attacked a kindergarten class of 4-year-olds in eastern China today, slashing 28 children in what an expert said was a copycat rampage of two other episodes at Chinese schools in the past month. A 47-year-old jobless man, Xu Y
U.S. Treasury Secretary Timothy F. Geithner said China is likely to move toward a more flexible currency because its practice of pegging the yuan to the dollar limits the Asian nation’s ability to conduct monetary policy.
Will China's Web, like its larger economy, comfortably combine extraordinary growth with government repression?
Tibetan monks prayed over hundreds of bodies at a makeshift morgue next to their monastery after powerful earthquakes destroyed the remote mountain town of Jiegu in western China and left at least 1,144 people dead, another 417 are missing.
Amid a clamor in Washington over the value of the Chinese currency, President Hu Jintao used a visit to the United States this week to address what, for any Chinese leader, is a more pressing concern: asserting his nationalist credentials in the face
Chinese state television says the death toll from a strong earthquake in a western province has risen to about 300, with an additional 8,000 hurt. China Central Television said the toll from Wednesday's earthquake had risen as rescue workers strug
Dozens of miners have been pulled alive from a flooded coal mine in northern China more than a week after 153 workers were trapped.
GoDaddy.com, the world's largest domain name registration company, told lawmakers Wednesday that it will cease registering Web sites in China in response to intrusive new government rules that require applicants to provide extensive personal data, in
Google has effectively closed its flagship search site in China, finally carrying out its threat made two months ago in a dispute over censorship with the Chinese authorities. The company announced that it had stopped censoring its search results
Investors are focusing on a darker side of China's relentless investment: vast sums borrowed by local governments and plowed into white elephant projects that will never pay for themselves. A financial reckoning is not a question of if, but when
Google should obey Chinese government rules even if it decides to retreat from the country over hacking and censorship complaints, a Chinese government spokesman said on Tuesday.
Google has drawn up detailed plans for the closure of its Chinese search engine and is now “99.9 per cent” certain to go ahead as talks over censorship with the Chinese authorities have reached an apparent impasse, according to a person familiar with
China is still the biggest foreign holder of US Treasury debt in January although it trimmed its holdings for a third straight month. Underscoring worries the US government faces much higher interest rates to finance soaring budget deficits.
With China’s exports soaring, even as other major economies struggle to recover from the recession, evidence is mounting that Beijing is skillfully using inconsistencies in international trade rules to spur its own economy at the expense of others, i
Chinese Premier lectured the United States, criticizing its call for China to let its currency rise against the dollar to boost U.S. exports, advising it to work harder to improve its financial system and directing it to change its foreign policy to
China's premier expressed concern about the U.S. dollar and called on Washington to take "concrete steps" to reassure Beijing about the safety of its huge Treasury bond holdings. "We cannot afford any mistake, however slight it is, when running our
