China News

People's Daily | Oct 19, 2011

SHANGHAI - Some Chinese banks have raised mortgage rates for first-time home buyers, local media reported, a move analysts say will dampen property prices, which one industry surveys says have just posted their first monthly decline in a year.

China Construction Bank Corp, China's biggest mortgage lender by assets, raised rates for first homes in Beijing to 1.05 times the central bank's benchmark lending rate, Xinhua News Agency reported. China Everbright Co raised its rate in Shanghai to th ...

People's Daily | Oct 19, 2011

The Bohai Bay oil spill has resulted in calls for changes in the relationship between China and the foreign oil companies that enable the search for resources, as Zhou Yan reports in Beijing.

Amid the criticism heaped on ConocoPhillips Co - the United States-based energy conglomerate whose operations spilled more than 700 barrels of oil into the waters of China's Bohai Bay in June - the nation's industrial experts are clamoring for a review of the policies for oil and gas exploration with for ...

BBC | Oct 18, 2011

A Chinese scientist, Kexue Huang, admits to stealing trade secrets from two US firms and sending them to China and Germany.

BBC | Oct 18, 2011

A rescue team in eastern China have pulled a three-year-old boy from a well shaft to safety.

People's Daily | Oct 18, 2011

BEIJING - The importance of promoting culture, both domestically and internationally, was placed center stage at a key leadership meeting.

A pledge was made to boost China's cultural influence internationally and provide the sector with more resources domestically at a plenary session of the Communist Party of China (CPC) Central Committee, which ended on Tuesday.

President Hu Jintao addressed the meeting, which opened on Saturday.

In a guideline endorsed at the conference, the leaders ...

The Globe and Mail | Oct 18, 2011

The questions China needs to ask itself about the criminal indifference shown to a desperately injured little girl lying on a roadway are the most basic ones about the value and purpose of life.

The Sydney Morning Herald | Oct 18, 2011

The sight of an injured toddler lying bleeding on the road for seven minutes while passers-by ignored her shocked many around the world, but to some in China it was the all too familiar legacy of "Nanjing Judge".

The Sydney Morning Herald | Oct 18, 2011

A two-year-old girl who was crushed by two vans and left for dead by nearly 20 passers-by at a busy market in China has suffered extensive brain damage and may not regain consciousness, doctors say.

Voice of Russia | Oct 18, 2011

China seems to have seriously started a ";trade war"; with the US. Recently, the Premier of China’s State Council Wen Jiabao announced that his country intends to support the stable exchange rate of the local currency, the yuan, and to guarantee some privileges to Chinese producers to export their goods.

BBC | Oct 18, 2011

The UN says the number of people seeking asylum in industrialised countries has risen 17% so far this year, with China and Afghanistan among countries from which they have come.

Foxnews | Oct 18, 2011

A disturbing video caught by surveillance cameras shows a 2-year-old girl in China laying in the street bleeding, a victim of a hit and run. Even more shocking is that the toddler was then ignored by at least 18 people, The Telegraph reports.

Guardian | Oct 18, 2011

Protesters wounded in clashes and Tibetan nun dies after setting self ablaze as protests in China gather pace, claims Free TibetChinese police shot and wounded two Tibetan protesters in south-west China on Sunday, and a Tibetan nun later burned herself to death in the same province, according to a campaign group.London-based Free Tibet said the condition and whereabouts of the two men, who they named as Dawa and Druklo, was unknown. The group alleged that security forces fired during a demonstration outside a police station in Seda, Ganzi prefecture, in Sichuan.

Christian Science Monitor | Oct 18, 2011

China: toddler run over by two cars is in the hospital. Some 18 people passed by her before a garbage man stopped to help, sparking intense debate over morality.

Voice of Russia | Oct 18, 2011

Australia's analyst firm 2thinknow regularly calculating the Innovation Cities Global Index has released the rating of 331 cities for the year 2011. So looks the top-10 chart: Boston, San Francisco Bay Area, Paris, New York, Vienna, Amsterdam, Munich, Lyon, Copenhagen, Toronto. Asian cities are also doing well, with Hong Kong at the 15th place, Tokyo 22nd and Shanghai 24th.

Voice of Russia | Oct 18, 2011

The leading Asia-Pacific stock markets closed Tuesday’s trading deeply in the red. The Hong Kong stock market index fell by more than 4% amid the scanty statistics on China’s GDP growth and apprehensions for downgrading France’s credit rating. Japan’s Nikkei-225 was down 1.5% on close.

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