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Hungary to Serbia railway now well on track

[2017-08-16 08:49]

Construction of the first stage of the Hungary-Serbia railway, China's debut rail line in Europe, will start in November, a top Serbian official said on Tuesday.

Africa offers mainland tourists cool vacation

[2017-08-16 08:49]

Africa has become a new hot destination for Chinese tourists this summer, as the continent's cooler weather and more relaxed visa policies have boosted local tourism.

China to build shale gas facilities, issue exploration tenders

[2017-08-16 08:49]

China is likely to build two shale gas facilities in the central and southern parts of the country and issue more tenders for oil and gas exploration, the Ministry of Land Resources said on Tuesday.

Chinese investor gets 80% stake in Southampton FC

[2017-08-16 08:49]

A Chinese businessman has bought a major stake in Southampton Football Club.

What's news

[2017-08-16 08:49]

GOVT AND POLICIES

Banks' NPL ratio stays stable at 1.74 percent

[2017-08-16 08:49]

China's credit asset quality remains generally stable, with the nonperforming loan ratio of commercial banks unchanged, quarter-on-quarter, at 1.74 percent as of June 30, said the country's top banking regulator.

Yuan rate 'has more room for maneuver'

[2017-08-15 09:23]

China has further room to improve the current controlled floating exchange rate regime, as it moves toward the ultimate goal to allowing the yuan to float freely, said a former senior official with the nation's top forex regulator.

Currency expected to be on the higher side in second half

[2017-08-15 09:23]

The yuan is expected to be on the higher side in the second half of 2017 as China's capital outflows reduce and optimism grows over the nation's economic growth, said a senior US economist.

Holiday season gives Moutai cheer

[2017-08-15 09:23]

Kweichow Moutai Co, the best-known high-end Chinese liquor, has witnessed rising demand and a supply shortage in the weeks leading up to Mid-Autumn Lantern Festival and the National Day holiday.

Nation on track for 5 maglev lines by 2020

[2017-08-15 09:23]

China will operate more than five magnetic levitation rail lines with maximum speed of 160 kilometers per hour in cities including Chengdu, Wuhan and Guangzhou by 2020, said its manufacturer CRRC Dalian Co Ltd on Monday.

Have the wheels come off the bike-sharing industry?

[2017-08-15 09:23]

It is always painful to see something useful being turned into rubbish, and that may be the tragic fate shared bikes are embracing.

What's news

[2017-08-15 09:23]

GOVT AND POLICIES

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