Worries about China's military buildup and aggressive diplomacy are bolstering its neighbors' desire to see Washington stay committed to the region while pushing them to hedge their bets against waning U.S. influence.
China told the United States on Wednesday its first test-flight of a stealth fighter jet should not be seen as a threat, reiterating it had no intention of challenging U.S. military might in the Pacific.
Shanghai Pharmaceuticals Holding Co Ltd (601607.SS) aims to raise at least 8 billion yuan ($1.21 billion) in a Hong Kong listing before the end of June, and will submit a listing application in Hong Kong this month, the South China Morning Post reported on Thursday.
Hong Kong stocks are likely to rise further on Thursday with traders expecting momentum to continue after the benchmark convincingly broke through short-term chart resistance on high volumes.
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China's largest lender, Industrial and Commercial Bank of China (ICBC), said it will not conduct fundraising from the capital markets within three years, the Securities Times reported on Thursday, citing the bank's chairman.
After Chinese President Hu Jintao and Barack Obama show the world smiles and handshakes next week, the wait will begin for the next of the feuds that have regularly sapped trust between the two powers.
China told the United States on Wednesday its first test flight of a stealth fighter jet should not be seen as a threat and reiterated it had no intention of challenging U.S. military might in the Pacific.
State-owned Bank of China Ltd's move to offer limited deposit services in the renminbi to U.S. customers represents a tiny step in what will be a long journey for the Chinese unit to become a widely-traded international currency.
President Hu Jintao of China is coming to America next week, to meet with President Barack Obama and discuss relations between the world’s two largest economies.
Shanghai has launched a pilot scheme allowing qualified foreign institutions to make private equity investment in China, marking an important step in the liberalization of China's capital markets.
Cameroon will take a 207 billion CFA concessionary loan from the Export-Import Bank of China to fund construction of a deep sea port at Kribi, the government said on Wednesday.
The United States wants a real, demonstrative commitment from China that it is serious about shifting away from export-led economic growth, a U.S. official told Reuters on Tuesday ahead of next week's state visit by China's Hu Jintao.
Livestock put a lot of stress on the environment through greenhouse gas emissions. A group of Dutch scientists has asked whether insects might replace cattle as food and cut the environmental impact.
In his first speech as Britain’s new Minister of Trade and Investment, Stephen Green (The Baron Green of Hurstpierpoint) emphasized the vital importance of China to British UK economy.
Pork tainted with the highly toxic chemical dioxin may have been sold in Germany, authorities said on Wednesday.
Even as the rest of the world's efforts to push consumer spending and economic growth are floundering, Brazil reported a more-than-expected rise in retail sales during November.
Talking to people in the Chinese market over the weekend, writes Jeff Toshima, Tokyo director of the World Gold Council, in today's Nikkei Money, I was amazed to discover the number of gold saving accounts at Industrial and Commercial Bank of China has grown above 1,000,000 within a year of ICBC launching the service.
Gold prices rose in Europe on Wednesday, as a retreat in the dollar, rising oil prices and caution ahead of a sale of Portuguese bonds later in the day all boosted interest in the precious metal.
The top pre-market NASDAQ stock market gainers are: China Recycling Energy, Affymetrix, Lululemon Athletica, A-Power Energy Generation Systems, Sequenom, and LeCroy. The top pre-market NASDAQ stock market losers are: Illumina, Vodafone Group, Zions Bancorp, Ryanair Holdings, and SanDisk.
The extra fiscal stimulus in the form of tax cuts approved in December could produce a 4 percent growth rate for the U.S. economy in the first half of 2011, but there are lingering risks that could lead to a cold shower in 2012, according to the American Enterprise Institute (AEI).
Europe can definitely solve its debt problems and China will continue to support the euro's role as an alternative to the dollar in global financial markets, a Chinese central bank adviser said on Wednesday.