China will adopt various measures including mergers, acquisitions and restructuring to lower the risks of some high-risk financial institutions and even allow some of them to experiment with bankruptcy, said a senior official of the country's banking and insurance regulator.
BEIJING - The growth in the number of Chinese tourists visiting Spain could be described as "spectacular," Dario Polo Rodriguez, tourism counselor of the Spanish embassy in China, said in a recent interview.
SHANGHAI - Hyatt Hotels and Beijing-based BTG Hotels (Group) announced on Tuesday that affiliates of Hyatt, and Home Inns Hotel Group of BTG Hotels, had entered a strategic partnership to set up a joint venture and create a new hospitality brand.
BEIJING - China's tourism sector is seeing a vibrant change in consumption patterns, with tourists preferring to spend more money on quality experiences, a report said.
"You're a pathological liar," said a Republican congressman from Arizona.
The extinction of a tiny brown rodent in Australia is being blamed on climate change and described as a "national tragedy" by environmentalists and scientists who say it could have been avoided.
Chinese companies in the manufacturing and industrial sectors showed robust performance in the United Kingdom last year, according to a report by London-based consultancy Grant Thornton.
ISLAMABAD/NEW DELHI - Pakistan confirmed on Wednesday that it had carried out air-strikes in India-controlled Kashmir and shot down two Indian warplanes in its airspace, capturing two pilots, a day after Indian warplanes struck inside Pakistan for the first time since the Indo-Pakistani War of 1971. China and the United States urged the nuclear armed neighbors to show restraint.
President Muhammadu Buhari of Nigeria has won a second term, the country's electoral body announced on Wednesday.
RAMALLAH, Palestinian Territories - A mixing desk at her fingertips, the artist known as Sarouna coaxed a haunting refrain from the bass track - music both about the past and the present.
It is highly likely that Japan will be rattled by a powerful earthquake with a magnitude between 7 and 8 within next 30 years, a Japanese government panel warned in its newly revised seismic activity report.
MELBOURNE - Australian Cardinal George Pell, one of Pope Francis' closest advisers and the Vatican's economy minister, has been found guilty of sexually assaulting two choirboys, becoming the most senior Catholic cleric convicted of child sex crimes.
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Raymond Zhou
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