Wealthy Chinese investors are turning to “sunshine” private trusts, the prototypes of hedge funds in the communist nation, as the property market cools, stocks slump and bank-deposit rates fail to match inflation.
China announced Monday it will prohibit its airlines from paying European Union charges on carbon emissions, ratcheting up a global dispute over the cost of combatting climate change.
China said Monday it has banned its airlines from complying with an EU scheme to impose charges on carbon emissions opposed by more than two dozen countries including India, Russia and the United States.
BEIJING (Reuters) - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said. The Fund outlined its central scenario for China's 2012 growth outlook in its global outlook in January, cutting its forecast for 2012 ...
BEIJING (Reuters) - China defended its rejection of a U.N. resolution pressing Syrian President Bashar al-Assad to abandon power, with a top state newspaper saying Western intervention in Libya, Afghanistan and Iraq exposed the risks of forced regime change. China said its blocking, along with Russia, of the U.N. resolution which would have backed an Arab plan urging Assad to quit, did not ...
BEIJING (Reuters) - China's mountainous region of Tibet is facing an urgent task to maintain stability and all government workers must be on their highest guard ahead of the Tibetan New Year and the fourth anniversary of riots, a newspaper said on Monday. China has stepped up security in what it calls the Tibet Autonomous Region and other Tibetan parts of the country following a series of self ...
China said Monday it was forced to veto a United Nations vote on Syria because it was called before differences in the proposal were bridged, but denied playing spoiler and said it wants to see an end to violence there.
China on Monday warned government officials in Tibet that failing to maintain stability could result in job loss or criminal prosecution, the latest sign of heightened ethnic tensions in the remote Himalayan region.
The EU ambassador to China said Monday the Asian powerhouse could become Europe's biggest export market this year, overtaking the United States, as Beijing boosts domestic demand.
China has banned its airlines from paying charges on carbon emissions imposed by the European Union, state media reported Monday.