The Asian Infrastructure Investment Bank approved 13 new members on Thursday. It now has 70 members, more than the number of members of the European Bank for Reconstruction and Development or Asian Development Bank.
The craze for station-less bicycle-sharing services is rising at an increasing pace in China, with most service apps offering free deals to customers at the expense of deep-pocketed investors.
The debate on purity of language is not new to China. Words from other languages are being more frequently used by Chinese people and many of them have been almost accepted as part of the Chinese language, much to the chagrin of some people.
Japan released its annual report on foreign aid on Tuesday, which shows the country is shifting further away from its traditional official development assistance policy.
Train and rail equipment manufacturer China Railway Rolling Stock Corp is on a roll when it comes to securing railcar contracts in the United States.
The head of global mining giant Rio Tinto Group Plc said China's move to trim overcapacity in its steel industry would benefit his group and others like it, instead of hurting their business interests.
China and other Asian economies are expected to be the major drivers of global growth this year, but more efforts are needed to resolve corporate debt issues to sustain growth momentum, a survey report showed on Friday.
The live-streaming industry will become increasingly intertwined with other sectors in 2017 which will become a catalyst for new business models, after it saw an explosive growth last year, panelists attending the Boao Forum for Asia said on Friday.
It is reasonable for excellent live-streaming anchors to have handsome income. They erode TV stations' advantage in media channels. A sector that is booming must have its value. We should not judge them with old-fashioned standards.
Speakers at the Boao Forum for Asia on Friday called for a more adaptive Chinese financial system, as the economy embraces a new structure and focus.
The Belt and Road Initiative will fuel momentum for Eurasian Resources Group - the Kazakhstan government-controlled and diversified international mining company - to push ahead with several key projects in which Chinese companies play a critical role, its Chief Executive Officer Benedikt Sobotka said.
Whether or not the Islamic State terrorist group was behind the bloodshed outside the British Parliament, the act of terror again underlines the pressing need for a response that goes beyond a case-by-case approach.
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Raymond Zhou
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