Agence France-Presse reports on talks over a possible takeover by the Chinese oil company China National Offshore Oil Corporation (CNOOC):Chinese oil giant CNOOC is in talks with Canadian-based Talisman Energy over a possible takeover deal, a report in Hong Kong
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From Reuters:China's nuclear power firms aim to join its auto and electronic companies as export powerhouses, analysts say, but massive domestic expansion plans may not leave them the capacity to make an overseas push for over a decade.A $1 billion
From Bloomberg:China plans to make it easier for foreign banks such as HSBC Holdings Plc to set up rural operations as the government seeks to boost funding for farmers, said two people with knowledge of the matter.Overseas banks will be
In the International Herald Tribune, Howard French writes about victims of the earthquake who are continue with their lives in the devastated region:By a long measure, Shenxi, which lies only 11 kilometers, or 7 miles, from the epicenter, is far
Tom Mitchell reports in the Financial Times:The emergency teams that converged on Dujiangyan, one of the cities worst hit by this month's devastating Sichuan earthquake, were joined by a small caravan from the Chengdu Catholic Youth Fellowship."We wanted to see
The Washington Post writes about the new mood in China as antipathy toward pro-Tibet protesters and others turns into gratitude for foreign aid and sympathy received after the earthquake:The outpouring of goodwill has been interpreted by many Chinese as a
From International Herald Tribune: NBA playoff games have been dropped by CCTV. The network's sports channel director, Jiang Heping, explains that "Since the May 12 earthquake, we're careful about the way we broadcast the NBA and the content must ...
The New York Times reports on efforts to release pressure from the dammed Bai He river that threatens millions of earthquake survivors who live downstream:During the past two days, more than 600 people have been working around the clock to
From Time:Russia's newly inaugurated President, Dmitri Medvedev, just completed his first state visit over the weekend. His choice of locale was not a surprise: Beijing. During the visit, there were predictable headlines in the press about Medvedev and President Hu
On the 27th, the reconstruction of Qianmen Street in Beijing was formally completed. And the street will open before the opening of the Beijing Olympic Games. Qianmen Street originates in Yueliangwan (Moon Bay) in the north, and ends at ...
Chinese shares went strong on Wednesday as the benchmark Shanghai Composite Index closed at 3,459.99 points with a sharp rise of 84.58 points, or 2.51 percent. The Shenzhen Component Index on the Shenzhen Stock Exchange market ended ...
The death toll in China's major earthquake increased by close to 1,000 to 68,109 as of Wednesday noon, according to the Information Office of the State Council. A total of 364,552 people were injured and 19,851 others were missing i
As of Wednesday noon, donations from home and abroad to China's quake-hit regions had reached 34.79 billion yuan (4.97 billion U.S. dollars), up 2.1 billion yuan from the previous day, according to the Information Office ofthe State Council ...
Beijing Subway Line 10, the Olympic Branch Line and Airport Line, will open successively. Mass transit railway publicity director Jia Peng said that during the Olympic Games, the flow of passenger traffic among Beijing's eight subway lines ...
General Secretary of the Communist Party of China Central Committee Hu Jintao met with Kuomintang (KMT) Chairman Wu Poh-hsiung at the Great Hall of the People in Beijing Wednesday afternoon. It is the first meeting between chiefs of ...
Chinese Vice President Xi Jinping Wednesday said the Chinese people will surely overcome all difficulties and win the victory in the quake relief work in the southwestern part of the country. China is fully confident and determined ...
The government disaster relief funds for earthquake-stricken areas had hit 19.56 billion yuan (2.79 billion U.S. dollars) as of 2 p.m. Wednesday, up 3.6 billion yuan from the previous day, according to the Information Office of the State Co ...
China's Ministry of Finance said Wednesday that the government allocated 200 million yuan (28.6 million U.S. dollars) from the central budget for Sichuan Province to deal with the swelling lakes formed by this month's devastating earthquake ...
