Four people have been confirmed dead and over 100 people injured after a 5.7-magnitude earthquake jolted southwest China on Sunday, local authorities said. Three residents have been reported dead in the county of Ninglang in Yunnan province and another one in the neighboring Yanyuan county in Sichuan province. As of 11:30 p.m. Sunday, 102 people [...]
China incurred massive losses in its overseas investments as of last year, as domestic companies failed to do adequate risk control in their overseas businesses, analysts told the Global Times yesterday. "By the end of last year, China suffered a net loss of $26.8 billion in overseas investments," said Zhou Zhongshu, vice president of the [...]
Companies from China and the US signed a host of bilateral investments totaling $3.4 billion over the weekend, indicating the world's largest two economies are increasing cooperation to tackle the economic slowdown. The 42 projects, mostly invested by US companies and spreading across 21 sectors such as manufacturing and environmental protection, were signed during a [...]
China has urged members of the Association of Southeast Asian Nations not to be a bystander or "a tool of major powers" to cope with the new challenges in the current global political and economic atmosphere. "ASEAN should exercise its independent judgment to move this region forward. If ASEAN takes sides, it would lose its [...]
Triumph of technology after manual docking and sea diveFrom sea to space, from orbit to ocean, Chinese skill and technology proved up to the challenge. "Good luck!" That was the message from the deep sea to space. "Congratulations!" That was the reply from space to sea.Astronauts and oceanauts exchanged those messages on Sunday amid triumphs [...]
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