Australia's biggest investment bank forms China trust joint venture

Macquarie Group Ltd, Australia's biggest investment bank has set up a trust company joint venture in China with an initial capital of 300 million yuan (44 million U.S. dollars), reported Friday's China Daily.

 
China's Tea Capital
tea The word you will hear most often in Anxi is probably Tie Guan Yin, the name of a premium variety of Oolong tea. Anxi, a small and mountainous county in southeast China's Fujian Province, is hailed as the birthplace of this special tea…
 
Chinese Valentine's Day celebrations
Valentine's DayChinese Valentine's Day, or Qixi, falls on the seventh day of the seventh month of the lunar calendar. This year, it is today. According to Chinese legend, a beloved couple, a cowherd and a weaver, are allowed to meet only once a year …
 
Chinese East Star Airlines Goes Bankrupt with Huge Debts

East Star Airlines, the debt-laden private airline based in central China's Wuhan City, officially went bankrupt after its restructuring application was rejected Thursday.

 
Organ Donation System in China

The Red Cross Society of China and the Ministry of Health Tuesday announced the launch of an organ donation system in 10 provinces and cities in a pilot initiative to speed up organ transplants.

 
China Startss to Address Overcapacity

China's State Council, the Cabinet, warned Wednesday of overcapacity in emerging sectors such as wind power, saying the country would move to "guide" development troubled by overcapacity and redundant projects.

 
Beijing to control Weather on Oct. 1

Beijing is preparing to manipulate the weather to ensure that it does not rain on its National Day parade on Oct 1.

 
China's central bank reaffirms 17% money supply growth target for 2009

The People's Bank of China (PBOC), the central bank, published its Annual Report 2008 on August 25, emphasizing the stability of the moderate increase in monetary credit and reaffirming the growth target of total annual money supply, making M2 growth stand at about 17 percent.

 
Chinese Restaurants Supply Drinking Customers with Drivers

Some of China's restaurants are now providing drivers for customers who have been drinking after police launched a two-month drink driving campaign earlier this month.

 
Dalai's Visit to Taiwan Denounced

The Chinese mainland said Thursday it "resolutely opposes" the proposed visit of the Dalai Lama to Taiwan "in whatever form and capacity."

 
China's Population Ageing gets the Fastest Rate in 60 Yrs

China's aged population is growing at its fastest rate since 1949, the China National Committee on Aging said Wednesday.

 
Giant Porcelain Jar Applied for Guinness World Records
porcelainPhoto taken on Aug. 24, 2009 shows the profile of a colossal crock of black and white porcelain, which stands at 1.36 meters in height, measures 6.8 meters in perimeter, with a caliber of 2 meters and a total weight of over 1,500 kg, i…
 
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