China’s development in aeronautics is laying the groundwork for future cooperation between China and NASA, according to NASA Chief Charles Bolden. Bolden was in the country recently. “Although my visit did not include consideration of…
Category: Economy
According to a statement made by the Political Bureau of the CPC Central Committee, the next five year plan “shall suit the changes in the domestic and international situation and meet the public’s demands for…
The relationship between China and the Association of Southeast Asian Nations (ASEAN) is getting deeper, and enhancing economic and political strength in the region. A new regional power is gaining stability in this part of…
China has been re-elected into the UN Economic and Social Council, one of the six principal UN organs that is tasked to coordinate the economic, social and related work of the United Nations and its…
…and the Rest of the World Knows It Posted by Dilip Hiro “Make poverty history!” A catchy slogan, and an admirable aim, it was adopted by world leaders at the United Nations summit in New…
Ekaterina Volozova BEIJING—(October 21, 2010) – – China Central Bank Tuesday increased interest rates for the first time since 2007. The rate on a one-year loan was raised by 0.25 percentage points to 5.56 percent…
Ekaterina Volozova BEIJING—(October 21, 2010—M4relay)– China is aiming to be the world’s leader in high speed railway development, according to the Chinese Ministry of Railways. There are plans for the development of a super-speed train…
Ekaterina Volozova BEIJING—(October 14, 2010, m4relay)– As renewable energy develops rapidly in China creating new opportunities for economic development, China has become one of the World’s leaders in producing wind turbines, leaving many Western countries…
Ekaterina Volozova BEIJING—(October 11, 2010—M4relay)– China’s household wealth is said to double if the country continues the current growth rate. According to Credit Suisse, the total household wealth in China could actually double to $35…
Ekaterina Volozova Beijing– (October 8, 2010) China and Russia have signed a series agreements, among them, an oil partnership which is aimed at further boosting the economic ties between the two countries. The agreements were…