Drama in US attempt to avoid 'fiscal cliff'

2013-01-02 07:29:12

The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession.

Senate's 'fiscal cliff' bill packed with sweeteners

2013-01-02 05:02:20

The US Senate passed an eclectic plan to avert the "fiscal cliff", including a measure to repeal part of Obama's signature healthcare overhaul and a string of special interest tax breaks. Cantor doesn't back the bill

7 arrested after C China shooting

2013-01-02 01:55:18

Police in Hubei province said they have arrested 7 people for their suspected roles in a shooting that killed 1 and injured 10 others on Monday evening.

Online matchmaking flourishes in China

2013-01-02 01:26:00

China's young singles under pressure from parents and family to get married are increasingly turning to websites to find Ms or Mr Right.

Netizens welcome bid to curb degree fraud

2013-01-02 00:48:44

A new regulation to combat academic degree fraud, with harsh punishments for offenders, has been welcomed by the public.

New monitoring standards to fight pollution

2013-01-02 00:48:14

China on Tuesday started to issue daily reports on air quality in 74 major Chinese cities by adopting more extensive monitoring standards, including PM 2.5.

December boost for manufacturers

2013-01-02 00:47:55

China's manufacturing business recovery maintained a steady pace in December, further consolidating a solid base for the economic recovery.

E-commerce finds markets overseas

2013-01-02 00:28:24

While e-commerce companies have plunged into ever-increasing competition in the Chinese domestic market, some are trying their luck outside China.

Wenzhou expects substantial financial reforms

2013-01-01 22:52:26

The State Council, China's cabinet, approved the establishment of a pilot financial reform zone in Wenzhou in March to regulate private financing activities after a crisis broke out in the city in 2011.

Beijing, Shanghai start visa-free transit policy

2013-01-01 22:23:09

Travelers from 45 countries can now benefit from a 72-hour visa-free stay policy in Beijing and Shanghai, a move that could attract more transit visitors.

Chinese surveillance ships patrol South China Sea

2013-01-01 22:00:23

Two Chinese marine surveillance ships on Tuesday patrolled waters near the Beibu Gulf of the South China Sea where offshore oil platforms are located。

60 die in Cote d'Ivoire stampede

2013-01-01 20:30:04

About 60 people were crushed to death in a stampede outside a stadium in Cote d'ivoire's main city of Abidjan after a New Year's Eve fireworks display.