In the wake of a recent plane hijacking attempt, the Party chief of the Xinjiang Ugyhur Autonomous Region urged soldiers to keep vigilant against hostile forces while overseeing a counter-terrorism drill ahead of the third anniversary of the July 5 riot. Zhang Chunxian, secretary of the Xinjiang regional committee of the Communist Party of China, [...]
(Beijing) – The land transfer revenue of 10 major cities was 27.9 billion yuan in June, up 106 percent from May, but down 38 percent compared to the same month in 2011, a report by a real estate consulting firm in Shanghai says. The number of land transactions meant prices would go up in the [...]
China and Cuba signed a number of agreements on Thursday, covering several areas, as the Caribbean nation focuses on economic issues. Cuban leader Raul Castro is on a four-day visit to China, which analysts believe will give him a good opportunity to survey China's reform success. After President Hu Jintao held talks with Castro, both [...]
CHINA cut interest rates for the second time in a month yesterday and allowed banks to set lower lending rates to bolster economic growth. Economists said the cut may bring more liquidity to the market, but that the authorities would need to take more measures to control prices in the property market. From today, the [...]
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