China says employment resilient despite slower economic growth
China said on Friday that urban employment held up in the first quarter even as economic growth slowed to a 6-year low, but the labor ministry warned that authorities cannot be "blindly optimistic" as the pace of job creation is slowing.
Chinese banks must cut coal lending, shift to cleaner businesses
China needs to cut lending to coal-related industries and shift more financing to cleaner businesses in order to address a huge funding gap that is hindering the country's war on pollution, a study drawn up in part by central bank researchers said.
China defends vessels' actions against Philippines in South China Sea
China on Wednesday defended the actions of its vessels in the disputed South China Sea after the Philippines accused China's coast guard of using water cannon on Philippine fishing boats and urged Manila to increase its "education" of its fishermen.
Iranian flotilla a 'factor' in warship deployment off Yemen: Pentagon
The Pentagon said on Tuesday the presence of a large convoy of Iranian cargo ships in the Arabian Sea was one factor in the U.S. decision to deploy additional warships in the waters off war-torn Yemen but was not the primary reason for the move.
China and Pakistan launch economic corridor plan worth $46 billion
China and Pakistan launched a plan on Monday for energy and infrastructure projects in Pakistan worth $46 billion, linking their economies and underscoring China's economic ambitions in Asia and beyond.
Wall St. rallies on China stimulus, cautious earnings optimism
U.S. stocks rose on Monday, reversing much of the previous session's sharp decline, as China's steps to stimulate its slowing economy and cautious optimism about U.S. earnings lured investors into equities.
China wants to follow rules on currency basket: IMF official
China does not want to bend the rules in its favor to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said.
Toyota ends expansion freeze with new plants in Mexico, China
Toyota Motor Corp (7203.T) said on Wednesday it will build new factories in Mexico and China, ending a self-imposed expansion freeze and putting more pressure on its global rivals.
|
