China Moves Closer to Letting Foreign Banks Underwite Yuan Bonds
China is moving closer to allowing foreign banks into the potentially lucrative business of underwriting yuan-denominated corporate bonds, as Beijing seeks to develop the country’s debt capital market.
China Cotton Imports to Rise; Domestic Supply Faces Constraints
China is likely to buy more cotton from abroad while domestic supplies decline as Beijing gives top priority to grain production, government and industry officials said.
Beijing worries as sense of injustice deepens
Numbers associated with China are usually big. Even so, a Beijing academic’s recent estimate of the number of “incidents” – an official euphemism for strikes, protests and riots – at 180,000 last year, double the number five years ago, is huge. It works out at 493 a day.
Chinese clone cows to make human breast milk
Chinese scientists have successfully cloned genetically modified cows that produce milk containing the same nutritional properties as human breast milk, offering a possible substitute to formula milk in a country rattled by tainted milk powder scandals.
Tibet exhibition opens in Beijing
Tibet today sits amid its best historical phase–featuring economic and social progress, ethnic solidarity, flourishing cultural development, and an improved quality of life for its residents, a senior Chinese official said on Wednesday.
Chinese defense minister vows to promote military ties with Tanzania to new height
Chinese State Councilor and Defense Minister Liang Guanglie pledged to push forward military ties and cooperation with the Tanzanian army on Wednesday.
More Syrian refugees pour into Turkey
Turkish authorities say the latest wave of Syrian refugees brings the total to nearly 7,000 as the military crackdown in Syria goes on.
Referendum results kill Italy’s nuclear plans as Berlusconi’s future uncertain
Italy’s nuclear revival is officially dead and the “no” vote seems likely to accelerate the meltdown of Prime Minister Silvio Berlusconi’s career.
China Group Buying Websites Quicken Listing
Insiders believe that the online group buying market will swell in terms of market value if Groupon successfully floats shares on the capital market ahead of its peers, let alone the Web site could get rich investment returns.
China hopes to strengthen military co-op with Israel, defense minister
China is willing to further strengthen military cooperation with Israel to contribute to the development of country-to-country relations, State Councilor and Defense Minister Liang Guanglie said Monday.
