Tuesday, January 6, 2015
China has scrapped its export quotas for rare earths, minerals used in mobile phones and other high-tech products, after losing a World Trade Organization (WTO) case brought by Washington and other trading partners over controls that alarmed global technology producers.
Air pollution in Beijing dropped slightly last year, municipal authorities said, although levels of the most dangerous small particulate matter remained more than three times the internationally recommended limit.
German carmaker BMW has agreed to offer 5.1 billion yuan (US$818 million) in subsidies to its Chinese dealers to help make up for losses from slowing sales, Bloomberg news agency reported Monday.
A spectacular ice festival opened in China on Monday but officials cancelled a firework display to allay safety concerns after a deadly New Year stampede in Shanghai.
China has abolished price controls on tobacco leaf, the last agricultural product to have limits, the country's top economic planner said as authorities seek to give the market a greater economic role.
Sunday, January 4, 2015
Chinese conglomerate Fosun zeroed in on its 18-month quest to buy French holiday resorts group Club Med on Friday when Italian businessman Andrea Bonomi refused to raise his latest offer.
The death toll of a fire in northeast China has climbed to five as the bodies of two missing firefighters have been found, local authorities said on Saturday.
Saturday, January 3, 2015
The world's gambling capital Macau saw its first annual decline in casino revenues in 2014, figures showed Friday, with a corruption crackdown by the Chinese government ending a decade of booming growth for the industry.
A Chinese assistant foreign minister has been dismissed from his post and placed under investigation, Beijing said Friday, amid a much-publicized anti-corruption campaign.
China on Friday mourned the 36 dead from a New Year's Eve crush on Shanghai's famed waterfront, as the city government revealed the victims were mainly young women.