CHINA WATCH

Pilot avoided bigger tragedy by ditching plane in river

Pilot of the crashed TransAsia Airways plane narrowly avoided hitting buildings, likely averting a worse disaster, according to a report.
Updates: 35 dead, of them 22 from the mainland

Yuan to increase Europe appeal

The yuan's appreciation against the euro following the quantitative easing program launched in Europe is poised to increase the continent's popularity as a travel destination for Chinese.

Banks should change their profit earning model: regulator

Commercial banks must overhaul their profit models from traditional ones to address the narrowing interest margin, urged Shang Fulin, chairman of China Banking Regulatory Commission.

Central govt set to take over tax rebate process

In a move aimed at reversing the export slump and spurring growth, Beijing announces decision to pay export tax rebates to companies.

48 World Heritage Sites in China

Tangya Tusi site, which is the remains of an ancient political system adopted by Chinese emperors to govern ethnic minority regions, was inscribed in the World Heritage List on July 5. So far, China has 48 items listed on the UNESCO's world heritage list, second only to Italy in the world. Here is a list of China's 48 world heritage sites.

In booming Berlin, Sunday gardeners face off against developers

In a green bubble away from the Berlin grind, a passionate tribe of urban gardeners has taken up the struggle against developers' bulldozers as more oases come under threat from a property boom.