The Lion Awakes
News at a Glance
今天的中国新闻
A compilation of Headlines + Brief Summary from Chinese & International Publications relating to China.
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China News Archive
From 2008
China Daily
Emancipation Day of Tibetan serfs marked
Flag raising ceremonies mark 51st anniversary of emancipation of Tibetan serfs English.news.cn 2010-03-28 17:43:48 FeedbackPrintRSS
LHASA -Flag raising ceremonies were held across Tibet Autonomous Region Sunday to commemorate the 51st anniversary of the emancipation of serfs.
Japan steelmakers said to agree to doubled iron ore price
Japanese steelmakers and the world's largest iron ore supplier Vale is expected to reach an agreement to settle the iron ore price at $110 per ton, doubling the benchmark price of 2009, the China Business News reported, citing Japan's local media.
China vows crackdown on corrupt leading officials
BEIJING - China will step up efforts to crack major corruption cases, especially those with collusion between leading officials and business people, according to the full text of a speech delivered by Premier Wen Jiabao.
In the speech, Wen said efforts should be made to investigate those who trade power for money, and those who take advantage of power to do illegal things in areas including urban planning, approving construction programs, mineral resources exploration and bidding and tendering.
Geely buys Volvo in biggest overseas foray
BEIJING - Zhejiang Geely Holding Group, China's No 10 automaker, sealed a binding deal on Sunday to buy ailing Swedish luxury car brand Volvo from US giant Ford for $1.8 billion.
Chinese official says China-US trade is win-win game
A sound and stable China-US economic and trade relationship is more important than ever and the trade between the two countries is a win-win game, said Chinese Vice Commerce Minister Zhong Shan in an article published on Friday's Wall Street Journal.
"China-US trade and economic cooperation has generated huge and real benefits for the United States, while China has been gaining a lot from it as well," Zhong stated in the article.
CBRC unveils curb on loans to developers
BEIJING - China's top banking regulator on Friday announced beefed up measures to rein in the nation's runaway real estate sector.
Banks are only allowed to make bridging loans to developers that have commercial or residential properties in progress, and not just "a piece of land", Liu Mingkang, China Banking Regulatory Commission chairman, said at a forum in Beijing.
Housing prices rose at the fastest pace in almost two years in February, jumping 10.7 percent from a year earlier, which has fanned worries about the formation of asset bubbles and prompted the government to take measures to cool down the sizzling real estate market.
Commonwealth Bank opens first Chinese branch
The Sydney-based bank is only allowed to operate wholesale
SHANGHAI - Commonwealth Bank of Australia (CBA), the largest lender by market capitalization in Australia, opened its first Chinese branch in Shanghai on Friday, with an eye on the ballooning natural resources trade between the two countries.
"Our new branch's initial focus will be on corporate customers by providing our particular expertise in the natural resources, infrastructure financing, and structure asset finance industries," said Ian Saines, group executive of CBA.
business in non-local currency for the first three years in China subject to the nation's regulatory policies.
The Australian
Taiwan in appeal for closer contact
TAIWANESE President Ma Ying-jeou has appealed to the Rudd government: build better relations with us, just as China is doing.
He said in Honiara -- during a whirlwind tour of his country's six diplomatic allies in the Pacific -- that the People's Republic of China had sent eight senior officials of ministerial rank to Taiwan since a new era of detente was inaugurated when he became President 22 months ago.
"So one possibility for Australia is to send ministers to Taiwan."
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