U.S. secretary of state Hillary Clinton encouraged China to continue investing in U.S. treasury bonds, after meeting with Chinese foreign minister Yang Jiechi on the weekend, maintaining U.S. debt remains a sound investment.
Chinese state news agency Xinhua has confirmed that a massive Beijing hotel fire that erupted Monday night was started by fireworks set off during an illegal light show organized by Chinese state television station CCTV to celebrate the last day of Chinese New Year celebrations. One firefighter died and seven ...
Hillary Clinton will travel to Asia on Sunday for her first trip abroad as U.S. Secretary of State, in a diplomatic gesture that shows a shift of priorities in American foreign policy. Speaking at the Asia Society in New York on Friday Clinton announced the Asian region would be a ...
Chinese state run media corporations CCTV, Xinhua news agency and People's Daily will receive 45 billion yuan (US$6.58 billion) from the central government to expand their news services. It's part of what party officials call waixuan gongzuo "overseas propaganda". One project is to develop a 24 hour ...
People's Bank of China vice governor Su Ning responded to US State Treasury accusations that China is manipulating its currency, warning the new Obama government against trade barriers, reported Chinese news agency Xinhua. "These remarks are not only inconsistent with the facts but they are misleading about the reasons for ...