Premier Li's Davos speech draws praise

2015-01-23 00:25:29

Global business leaders and analysts comment on Premier Li Keqiang's keynote speech at the World Economic Forum annual meeting on Wednesday.

FedEx still delivers on Chinese investments

2015-01-22 14:18:01

Believing in the strong growth prospects for China's domestic and international cargo markets, FedEx, the operator of the world's largest cargo airline, will continue to invest in the Chinese market.

Bank takes renminbi-clearing seriously

2015-01-22 10:57:43

Now that the Toronto branch of the Industrial and Commercial Bank of China Ltd (ICBK)is the clearing bank for the first North American offshore renminbi hub,the next goal is improving services.

Chinese developer buys Canadian ghost town

2015-01-22 10:48:06

A Chinese real estate company recently bought a "ghost town" in British Columbia, Canada.

US rejects DPRK's call for six-party talks

2015-01-22 09:20:11

The United States dismissed an unconditional resumption of the six-party talks suggested by the Democratic People's Republic of Korea over its nuclear program, reiterating a call for Pyongyang to abide by its past commitments.

China offers Swiss $8b quota for yuan trading

2015-01-22 09:08:52

China will give Switzerland an investment quota of 50 billion yuan to support the establishment of the Zurich offshore renminbi market.

Swiss turn eagerly to renminbi

2015-01-22 07:33:22

After ditching its euro cap, Switzerland courted the yuan with renewed vigor as it signed key financial deals with China on Wednesday.

Business leaders are optimistic

2015-01-22 07:33:22

European business elites and analysts are confident about the prospects for China's economy in 2015 but also point to some challenges.

Li predicts bright future for real estate

2015-01-22 07:33:22

Premier Li Keqiang backed China's declining real estate sector on Wednesday and forecast huge potential for the industry in remarks to assure overseas corporate leaders that the country's door will open wider.

Stampede victims' families compensated

2015-01-22 02:40:45

Families of 36 victims of the New Year's Eve stampede in Shanghai will receive a compensation of 800,000 yuan ($131,147) each, local authorities said Wednesday.

US-China climate deal offers hope for Paris negotiations: Obama

2015-01-21 14:39:13

US President Barack Obama says that the climate change deal signed by the US and China last November offers hope for reaching a global agreement in the Paris negotiations at the end of this year.

Obama seeks backing of force on ISIS

2015-01-21 13:21:02

Despite standing for the first time in front of Congress with both chambers controlled by Republicans, US President Barack Obama spoke with great optimism in his sixth State of the Union address on Tuesday night.