Huawei, ZTE trade lawsuits

2011-05-03 09:50:12

Right before Labor Day, when people are supposed to take a break, two of China's major telecom equipment makers were busy with lawsuits.

Yuan rises past key level VS dollar

2011-05-03 09:43:21

The yuan strengthened beyond 6.5 a dollar for the first time since 1993, supported by speculation the central bank will allow appreciation to help tame the fastest inflation in more than two years.

Tata Steel plans expansion in China

2011-05-03 09:40:11

Tata Steel Limited - the world's 10th-largest steel company by production and a subsidiary of Tata Steel Group - will increase investment in China by 5 percent in 2012, as it seeks to maintain market share according to the company's managing director.

Economy threatened by aging population

2011-05-03 09:25:50

China's population is getting older, and that could have a major effect on the nation's economic prosperity. Data suggest that labor shortage may arise sooner.

Indonesia seeks more Chinese investment

2011-05-03 09:23:20

Indonesia is looking to attract more direct investment from China over the coming years. The country, a member of the Association of Southeast Asian Nations trading bloc (ASEAN), hopes the move will help to narrow a gap in bilateral trade that has been widening in recent years.

Labor union reform called for

2011-05-03 09:12:26

Li Chunhao, a migrant worker from Southwest China's Guizhou province, works at a security company in the eastern Zhejiang province.

officials punished for milk powder cases

2011-05-03 09:09:20

A total of 53 local Chinese officials were held accountable and received punishments due to four tainted milk powder cases.

Minimum wage enforced in Hong Kong

2011-05-02 11:44:41

Hong Kong's minimum wage ordinance takes effect from May 1, as a milestone for protection of the grass-root labor rights in the city.

'Hawaii of China' lures tourists with rebates

2011-05-02 11:40:11

The offshore tax-free scheme for mainland shoppers officially kicks off on May 1, after a ten-day trial operation.

Beiqi Foton signs investment MOU with India

2011-05-02 11:41:44

China's leading truck manufacturer Beiqi Foton Motor announced on April 30 that it has signed a MOU with India's Maharashtra state government to manufacture trucks in India.

Farmers need help with crop choices

2011-05-02 09:35:33

The current drop in vegetable prices that is causing so much hardship to farmers in China is due to the lack of an information platform to guide farmers to plant according to market demand, industry insiders and experts said.

China, US to hold strategic & economic dialogue

2011-05-02 10:45:30

China and the United States will hold the third round of the Strategic and Economic Dialogue from May 9-10 in Washington, the United States, Chinese Foreign Ministry spokeswoman Jiang Yu announced on May 1.