President observes Jagannath Rath Yatra
Desk by Muna President Bidya Devi Bhandari has reached Sundhara in Kathmandu and observed the Jagannath Rath Yatra. President Bhandari received the offerings while participating in the rath yatra organized…
Posted inEconomy
Spillover effect of US financial tightening sends Asian currencies tumbling
The spillover effect of US financial tightening has continued to push Asian currencies down this week, with the South Korean won falling sharply. Chinese experts warned of risks from US…
Posted inEconomy
China’s cabinet to raise $45b to replenish capital for major projects, boost employment
The State Council, China's cabinet, decided on Thursday to expand effective investment to boost employment and consumption. It will raise 300 billion yuan ($44.6 billion) through financial bond issuance to…
Posted inEconomy
UK businesses eager for return of Chinese tourists
UK based business leaders are looking forward to welcoming Chinese tourists back to the UK after China announced a shortened quarantine time for international arrivals from 14 days in designated…
Posted inCHINA
China’s Caixin PMI rebounds to 51.7 in June, highest reading since last June
China's private Caixin/Markit Manufacturing Purchasing Managers' Index (PMI), an index that measures factory activity, rebounded back into the expansion territory of 51.7 in June, up 3.6 percentage points from May,…
Posted inCHINA
Maritime Silk Road International Tea Culture Forum held in Fujian to boost exchanges and share highlights of China’s rural revitalization
"According to tradition 'it is better to go without meat for 100 days than without tea for one day.' China is the home of the tea culture, which is visible…
Posted inCHINA
Earthquake relief supplies from Chinese NGOs and charities arrive in Afghanistan after official aid
Earthquake relief supplies from Chinese charities and NGOs arrived in Afghanistan as emergency humanitarian aid for victims of the deadly earthquake in Paktika and Khost provinces, following $7.47 million in…
Posted inCHINA
Bridge with world’s tallest rigid-frame pier opens to traffic in SW China
The Jinyanghe Bridge, with the world's tallest pier of a rigid-frame bridge, spanning the Jinyang River, opened to traffic on Thursday, serving the people of the mountainous Liangshan Yi Autonomous…
Posted inCHINA
No reason to change ‘one country, two systems’; such a good system must be upheld over long run: Xi
Chinese President Xi Jinping stressed on Friday that the "one country, two systems" principle has withstood the test of practice and time, been supported by all Chinese people and recognized…
Posted inCHINA
John Lee sworn in as HKSAR new chief executive, vows to build a dynamic, harmonious city full of opportunities
The sixth-term Chief Executive of the Hong Kong Special Administrative Region (HKSAR) John Lee Ka-chiu and the principal officials of the new-term government took their oaths of office at an…