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By Chang Ping, published: March 4, 2015 “Each and every part (of the petroleum industry) is basically a monopoly.”“Under a monopoly there can be no …China
China has cut its growth target for this year by half a percentage point to about 7 per cent, a level that would mark its slowest expansion in a quarter of a century.
It also ought to dispel any notion that its leadership can engineer a fairly smooth economic transition toward the greater …China
China’s premier Li Keqiang cut the nation’s growth target to “around” 7% on Thursday, reiterating the need to pursue reform as development slows and the likelihood of tougher times ahead for the world’s second largest economy.
Authorities have been stressing the need to carry out a transition from …China
At least two assailants armed with knives have attacked people at a train station in southern China, injuring nine before police fatally shot one of the suspects, officials said.
The second suspect was captured, police in the city of Guangzhou said in a statement. The incident was still under …China
Thousands have been left stranded after a plane skidded off the runway at Kathmandu airport, forcing the closure of Nepal's only international hub.
India has flown in experts to help remove the Turkish Airlines flight which veered off the runway early on Wednesday.
Those on board were not seriously …Airports
China's move to cut its growth target to 7% in 2015 from 7.5% last year has grabbed headlines, but the key number is the unchanged job creation target of 10 million.
During the annual meeting of China's legislators, Premier Li Keqiang set this year's GDP growth target at around 7%, which is the …China
Under the leadership of President Xi Jinping, Chinese netizens have seen their rights to write, read and interact online diminish gradually. The crackdown comes as Beijing aims to tighten up socio-political control and take on its critics.
But despite the tightening of access to the Internet, …China
Author: Derek Scissors, AEI
As China appears to be flirting with the middle income trap, the old development model is becoming increasingly …China
1 China’s ‘new normal’ is slower, but not slow.
The lowered growth target of about 7% is the lowest in over a decade, but still — Chinese state media reminded — fast for a major economy. A willingness to see an economic free-fall after years of heady growth it isn’t. Mr. Li several times cited the …China
By Andrew S. Erickson and Adam P. Liff
China raised its official 2015 defense budget 10.1% to 886.9 billion yuan ($141.5 billion), the government announced Thursday on the opening day of the annual meeting of the National People’s Congress. Though the real-world impact of these increases …China
The country wants to become the number one space power
The rising military tensions between China and the United States aren't limited to the sea, the air, and the internet. A new Bloomberg report says that China might be working on blocking U.S. military communication from space.
The story draws …China
Often overlooked by travellers as a viable Southeast Asian layover port, the sultanate of Brunei Darussalam boasts majestic mosques, swathes of virgin rainforest, an entire 'suburb' on stilts, and a thriving food scene well worth stopping by to soak up for a couple of days in transit.
Singapore skyline at night. travel oriented / Flickr
Skift Take: The list is also packed with 10 destinations high on many travelers' wish lists.— …
China's military budget will rise by about 10% in 2015, an official says.
Fu Ying, spokeswoman for China's annual parliament session the National People's Congress (NPC), gave the "rough" figure and said it was in line with overall spending growth.
A formal announcement will be made on Thursday when …China
China’s great leap forward economically has now led the communist nation to join its developed rivals in the major debtors club. With growth slowing, …China
By Colum Murphy
SHANGHAI--U.S. companies in Shanghai are skeptical about the business benefits of the city's pilot free-trade zone and have echoed …China
The view from the knockabout beach bar is a classic: the afternoon sun glares off sugary sand as the ocean steams and rolls on top of it. A group of after-school teenagers run out in their wetsuits, planting board to belly as they plop into the surf. One of them is wearing a tell-tale straw hat …China
China’s Shaolin Temple, known for its legendary martial arts, wants to replicate its ancient ways Down Under – and it is prepared to pay up to support its vision.
Abbot Shi Yongxin handed over a check of more than 4 million Australian dollars ($3.13 million) to Joanna Gash, mayor of Shoalhaven, in …China
Promoting public awareness and dialogue about China’s vast air pollution problem is important. Recent research shows that the country is suffering …China
Faking online orders, or “brushing,” as it is called in China, involves paying people to pretend to be customers. It lets vendors pad their sales figures and, in theory, boost their standing on online marketplaces. As WSJ’s Gillian Wong, Kathy Chu and Juro Osawa report, it’s rampant on e-commerce …China
China began its annual political high season on Tuesday with pomp and circumstance at Beijing's Great Hall of the People. President Xi Jinping and more than 2,000 delegates -- including former basketball star Yao Ming -- convened for the opening session of the nation’s top legislative advisory body.
With evidence of ties strengthening between Beijing and Moscow—over energy contracts, the handling of the Ukraine, and their diplomats' stance toward …China
IRVINE, Calif. (AP) — Federal agents searched three dozen homes Tuesday in California during a crackdown on so-called maternity tourism operators who arrange for pregnant Chinese women to give birth in the U.S., where their babies automatically become American citizens.
The investigation of three …Babies
Usually, stock market investors like interest rate cuts. But Saturday’s decision by the People’s Bank of China (PBoC) to lower interest rates is really a downer, says Craig Botham, an emerging markets economist at Schroders, a London-based investment bank with $447.7 billion in assets under …China
Alibaba shares are at an all-time low.
On Tuesday, shares of the Chinese e-commerce giant were down more than 2.5% to trade below $82 for the first time since the company went public in September.
Since hitting their all-time highs in early November, shares of the company are down more than 30%.
And a …Customers
Peking ravioli are to dumplings what dollar slices are to pizza: even at their worst, they’re still good. Doughy, greasy, and crisp-bottomed, they …Food
BEIJING — It was a homecoming for Chinese President Xi Jinping.To mark China’s Spring Festival, Xi made a visit in mid-February to the small northern …China
BEIJING—A deeply emotive documentary on air pollution by a well-known journalist was quickly praised by a top government official, but after it drew some 100 million views online over the weekend, censors stepped in to tamp down the buzz, according to several accounts.
Produced by former state …China