BEIJING - China's quality authority said Tuesday that the BMW China Automotive Trading Ltd would recall 5,308 imported BMW 5 series GT cars beginning Friday because of a defective fuel tank. The fuel tank problem could stall the engine without warning and...

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The close association of some businesspersons and celebrities with a Taoist monk has come to light on the Chinese mainland of late. These people are probably seeking spiritual solace after fulfilling their material needs and amassing huge amounts of wealt...

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Angang Steel Co Ltd (Ansteel), the listed unit of Anshan Iron and Steel Group, returned to profits in the first half of this year with net profit surging 275.94 percent year-on-year to 2.75 billion yuan ($405.04 million). Total revenue of the company in t...

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BEIJING - Chinese Vice Premier Li Keqiang has urged food quality authorities to strengthen supervision in order to significantly improve food safety. Li, who also chairs a national food safety commission, made the remarks at a recent conference of the com...

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Yangzhou city in East China's Jiangsu province registered 10 underwriting companies this year, and 9 of them were added into the provincial underwriting system, said a city official on Wednesday. "The city will attract more capital investment this year vi...

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China Everbright Bank's shares rose 18.06 percent at close after their debut in Shanghai on Wednesday, a better-than-expected performance for the roughly $3 billion IPO that underlines continued interest in banking stocks. Everbright Bank's shares opened ...

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Beijing: The Ninth China Internet Conference (CIC) powered up with the theme of “Green Serivce-based Internet” on Tuesday. As a vane of the Asian Internet industry, the annual conference attracted over 160 IT CEOs and experts this year. "In the context of...

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The United States seems to be flexing its military muscles in Northeast Asia and the South China Sea for some time now, especially after the sinking of the Republic of Korea's (ROK) corvette, Cheonan, on March 26. Ignoring Beijing's repeated opposition, t...

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No new bank notes with a face value of 500 yuan has been issued, nor is there a plan of issuing such a note, the central bank, People's Bank of China announced,the People Daily Overseas Edition reported on Aug 18. Rumors that 500 yuan notes will be issued...

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China warns that the drought-hit areas may expand to affect more people and agriculture in some regions, although mudslide caused by heavy rain plagues Southwest China. Over 3 million people and 2.5 million livestock have difficulties in getting drinking ...

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