Mr Wen said he had spoken to José Manuel Barroso, the president of the European Commission, laying the conditions for Chinese intervention. Photo: Reuters
China has called for major strategic concessions from Europe before agreeing to rescue the eurozone, chilling hopes for immediate purchases of Italian bonds.
Workers are seen on the deck of China’s first aircraft carrier, which finished its maiden sea trial and arrived at Dalian Port, Liaoning province August 14, 2011.
Credit: Reuters/China Daily
China’s state news agency on Thursday condemned a Pentagon report on China’s growing military might, calling its account of Beijing’s weapons modernization drive an alarmist “cock-and-bull story.”
The man who leads one of China’s top rating agencies says the greenback’s status as the world’s reserve currency is set to wane as the world’s most powerful policy makers convene to examine the implication of S&P’s decision to strip the United States of its triple “A” rating.
Spokesman of China’s Defense Ministry Geng Yansheng speaks on a press conference in Beijing, capital of China, July 27, 2011. China’s Defense Ministry said on Wednesday that the country is making use of an imported aircraft carrier body for refitting to be used for scientific research, experiment and training. (Xinhua/Li Gang)
Chinese paramilitary policemen stand guard near Tiananmen Square in Beijing, China’s capital. (Associated Press)
Blasts thwart all electronics
Christians queue up to receive Holy Communion during an Easter Sunday mass at the state-controlled Xishiku Cathedral Photo: REUTERS
Dozens of Chinese Christians were arrested on Sunday when police prevented an evangelical Protestant church from holding its Easter Sunday service, as the state continued its attack on protests against one-party rule.
BEIJING—China’s publication of a new kind of economic data brings it closer in line with the way other major economies report growth, but also exposes continuing problems with the quality of its statistics, analysts said.
The cables run counter to a view held by some Myanmar exiles and dissidents that China and Myanmar are on the same page in opposition to the U.S. and other Western governments, which have imposed tough sanctions on Myanmar’s junta following years of reports of human-rights and other abuses.
More than one in two Chinese savers regard the current inflation rate as unacceptable, according to a central bank survey on Tuesday that is likely to fan official concern about deteriorating inflation expectations.
BEIJING – China accused President Barack Obama of damaging ties by meeting the Dalai Lama and said it was up to Washington to repair relations between the two global powers, while stopping short of threats of retaliation.
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