BEIJING, July 19 (People's Daily Online) — China opposes official contacts and development of substantial relations between the United States and Taiwan, said Chinese Foreign Ministry Spokesman Hong Lei on Thursday. China's position is consistent and clear for U.S.-Taiwan relations, he added. Hong made the remarks in response to the report that Dawn L. McCall, [...]
Russia and China on Thursday vetoed a Western-backed resolution that would have imposed sanctions on Syria at a UN Security Council meeting. The proposed resolution threatened non-military sanctions against Syrian President Bashar al-Assad's government if he did not withdraw troops and heavy weapons from populated areas within 10 days, and is tied to Chapter 7 [...]
President Hu Jintao on Thursday proposed measures in five priority areas, including financial assistance to the African Union's peacekeeping missions, to boost China's relations with the continent. The president made the promise when addressing the opening ceremony of the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, held at the Great Hall of the [...]
TENCENT, China's largest Internet company by market value, has bought an undisclosed stake in one of the nation's leading business news provider, Caixin Media. Caixin Media recently completed a new round of financing and introduced Tencent as one of its shareholders, with its major shareholder, Zhejiang Daily Press Group, maintaining a 40 percent stake, the [...]
(Beijing) – Wine-tasting party conversations among investors in China are increasingly sounding like sour grapes. Some well-heeled wine investors have been anxiously debating whether a price bubble for investment-grade wine is getting ready to burst. Others complain that counterfeiters who palm off fake bottles of rare vintages and smugglers who sneak French burgundy into the [...]
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