US can’t decide if China is categorized as developing country: FM
It's not up to the US to decide whether China is a developing country. The US can neither deny the fact that China is still a developing country, nor stop…
China to hold world’s first supply chain-themed national expo; US firms largest group among foreign multinationals to date
China will hold the first China International Supply Chain Expo in Beijing from November 28 to December 2, the world's first supply chain-themed national exhibition, with the aim of providing…
Starbucks’ China gift card policy found to be tougher than other countries’
Starbucks has been caught in a controversy over gift cards, which have been found to have different standards for fees and expiration dates between China and other countries, sparking discussions…
EU politicians’ hostility toward China a drag on cooperation
Some EU politicians are trying to derail China-EU cooperation by creating points of friction, but they are not convincing enough for most Europeans, which could be a warning against hijacking…
Tax rates have been proposed in a scientific manner: Finance Minister
Kathmandu, June 9 : Finance Minister Dr Prakash Sharan Mahat has said the revenue rates of the budget for the upcoming fiscal year have been scientifically proposed. Responding to queries…
China’s financial opening-up gains momentum, as Shanghai is set to launch international reinsurance trading market
Authorities vow to eliminate 'supervisory blind spots' and tackle law violations Opening-up is China's fundamental national policy and the financial sector opening-up will only deepen, a senior government official said…
China’s forex market to remain resilient, backed up economic recovery: central bank
China's foreign exchange market has a sound foundation for smooth operation despite recent gains of the US dollar versus the yuan, a Chinese government official told an economic forum on…
State banks cut yuan deposit rates to spur investment, consumption
Major Chinese state banks officially lowered their yuan deposit rates on Thursday for a second time since last September. The move is expected to ease pressure on profit margins and…
China’s manufacturing strengths stand out amid global slowdown
While the global economic slowdown has had an inevitable impact on China's overall trade, the competitiveness of China's medium- and high-end manufacturing in the global markets gradually stands out as…
Private sector’s collaboration crucial for advancing towards prosperity, says PM Dahal
Lumbini, June 8 : Prime Minister Pushpa Kamal Dahal 'Prachanda' has said the country's prosperity is not achievable without the involvement and collaboration of the private sector. He said the…