Monday, May 11, 2015
A plane operated by Chinese domestic carrier Joyair veered off a runway upon landing in the southeastern city of Fuzhou on Sunday, and five people suffered minor injuries, the airline said.
China cut interest rates Sunday for the third time in six months to boost sluggish economic growth and announced that it is giving banks more flexibility in setting rates paid to depositors in a new step to make its financial system more market-oriented.
Sunday, May 10, 2015
China has dramatically ramped up its land reclamation efforts in the South China Sea this year, building artificial islands at an unprecedented pace to bolster its territorial claims in the disputed area, U.S. officials said Friday.
Consumer inflation in China rose to 1.5 percent in April, authorities said Saturday, but came in below market forecasts and analysts called for more action to avoid deflation in the world's second-largest economy.
China is negotiating a military base in the strategic port of Djibouti, the president told AFP, raising the prospect of U.S. and Chinese bases side-by-side in the tiny Horn of Africa nation.
Saturday, May 9, 2015
China will more than double the tax on tobacco to 11 percent, the government announced Friday, as authorities try to deter smoking in the world's largest producer and consumer of tobacco.
Friday, May 8, 2015
Chinese e-commerce powerhouse Alibaba Group's revenue jumped 45 percent on strong mobile growth and more active buyers in the fiscal fourth quarter.
China's leaders are trying to tap the brakes on a stock market boom that could run out of control and disrupt economic reform plans.
Thursday, May 7, 2015
Chinese mainland police fatally shot a man in northern China who was on his way to Beijing to ask the central government to help house and take care of his sons and elderly mother, police and a lawyer said Wednesday.
Wednesday, May 6, 2015
The mainland has replaced the heads of its three biggest energy companies, the firms said in separate statements, as speculation mounts over reforms to the oil industry.