Breaking news: President Xi cautions Macau against foreign forces

Chui Sai On takes oath as Chief Executive of MSAR for a second term Chinese President Xi Jinping today urged the semiautonomous former Portuguese colony of Macau to guard

MDT Report | How powerful is Xi Jinping?

He’s a man with a dream. A China dream. Possibly the most powerful man in modern China today, current Communist Party General Secretary Xi Jinping’s steady ascension to the pinnacle

China said to plan sweeping shift from foreign technology to own

China is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to

Sichuan | Village petitions to ‘isolate’ HIV positive boy

  Villagers in China’s Sichuan province have petitioned authorities to “isolate” an HIV positive eight-year-old boy, state media report. Kun Kun lives with his grandparents, who struggle to care for him. Local

Authorities arrest policeman blamed for wrongful conviction

A police officer who oversaw the case of a teenager wrongfully convicted of murder and executed in 1996 had been arrested, the official Xinhua News Agency said yesterday. Feng Zhiming, now

FT: Housing market trims losses

Chinese house prices fell at a slower pace in November, in a tentative sign that the sickly housing market may soon bottom out, lightening its drag on the broader economy,

Ex-mayor of Nanjing indicted on graft charges 

A former mayor of the major eastern Chinese city of Nanjing was indicted yesterday on corruption charges amid a widening anti-graft crackdown Ji Jianye faces charges of using his Communist Party

Analysis | Old investment remedy the treatment for mainland’s ‘new normal’

For the past decade, Chinese policymakers have spent big on major projects to buoy growth in the face of economic hardship, and this approach appears not to have changed with

Beijing secures construction of European railway

China secured a deal yesterday to construct a high-speed train link between the Belgrade and Budapest that will cut travel time between the Serbian and Hungarian capitals from eight hours to

New Beijing airport gets the go ahead

China’s economic planner announced its approval on construction of a new airport in Beijing on Monday, the state-run Xinhua news agency reported. The project will involve 79.98 billion yuan (USD13.11 billion)

PRC looking for new markets in eastern Europe 

In an attempt to secure business ties and increase political influence, China is on a charm offensive in eastern Europe — where the European Union and Russia are also vying for sway. Chinese

College entrance exam reform to take focus off score results

The Education Ministry yesterday took a critical step in its initiative to reform the college entrance exam system, aiming to reverse exam-oriented education to help fuel future growth. According to the

Rail chief ally Ding given jail, USD400m fine in graft case

A former ally of China’s disgraced railway chief was ordered by a Beijing court yesterday to pay the largest fine so far in President Xi Jinping’s anti-graft campaign, after being

Gov’t raises estimate of size of economy 

China yesterday raised its official estimate of last year’s gross domestic product, possibly moving closer to passing the United States as the biggest economy. There was no indication the change would

Survey: Manufacturing contracts in December

Chinese manufacturing contracted in December for the first time in seven months in another sign the slowdown in the world’s No. 2 economy is quickening, according to a survey of

Xiaomi starts selling phones in Brazil in 2015

Private Chinese company Xiaomi is due in 2015 to start selling smartphones in Brazil, after the National Telecommunications Agency (Anatel) approved the Note 4G model, the Brazilian press reported. Xiaomi,

Diamonds help Angola to offset drop in oil prices

Figures from Angola’s Finance Ministry showed that revenues from diamonds, including taxes and royalties, reached USD6.5 billion between January and September, in line with last year’s total, and with a

Hong Kong | Occupy ends as police clear final protest site

Hong Kong police tore down barricades, folded up tents and arrested some protesters yesterday at a third and final pro-democracy protest camp, ending demonstrations that blocked traffic in the southern

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