(Beijing) – Foreign direct investment in China has fallen off to start 2012, a trend some experts says means the manufacturing sector is losing its aura. The Ministry of Commerce said the amount of foreign direct investment from January to May declined 1.9 percent compared with the same period last year, to US$ 47.1 billion. [...]
They are the innocent and often silent victims of a crime that too often goes unreported in rural parts of China due to children's shame and the social stigma attached to sexual abuse. Child sex abuse is often rampant in villages where parents are often thousands of kilometers away laboring as migrant workers, unable to [...]
Chongqing Party chief Zhang Dejiang yesterday expressed his confidence in the southwestern municipality's future while urging people not to let a string of recent scandals that have made international headlines tarnish the city's past achievements. Zhang, Party secretary of Chongqing, said the municipality will endeavor to deepen reform and opening-up and push for comprehensive development [...]
Central bank's rate cut leads to shift in view of potential buyers The latest figures from the National Bureau of Statistics show that residential house prices declined at a significantly slower rate in May, triggering concerns over a short-term rebound in prices. In May, of the 70 large and medium-sized cities monitored by the bureau, [...]
Successful docking signals milestone in country's space mission. The orbiting Tiangong-1 space lab module received its first tenants on Monday, after a successful docking with the manned Shenzhou IX spacecraft. The docking, by automated procedure, was completed at 2:14 pm. Three astronauts, including China's first female astronaut Liu Yang, waited inside the Shenzhou IX spacecraft's [...]
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