China

.

BRICs to Extend More Cooperation

BRICs to Extend More Cooperation

Brazil, Russia, India and China on Thursday shook hands to extend closer cooperation to one another, calling for overhauling in the global financial system including the establishment of institutions to reflect the soaring influence of emerging-market nations in global affairs.

China Reports Higher-than-Expected Growth in Q1

China Reports Higher-than-Expected Growth in Q1

China has reported a higher-than-expected growth in the first quarter of 2010, despite the economy indicating a rising trend in the consumer and wholesale inflation. The country's Gross Domestic Product surged by 11.9% from the previous year's records for the same period. The growth in the first quarter has been observed to be the highest in the last 3 years.

ZTE to Send Back Chinese Staff to Hire Indian Employees

ZTE to Send Back Chinese Staff to Hire Indian Employees

Telecom equipment provider ZTE is likely to send 250 Chinese employees back as it is obliged to recruit Indian employees in all of its operations in India over the next 3 years.

The move has taken place in the wake of the release of the Government's directive, last month, which expects all the foreign telecom equipment companies in India to employ only Indian engineers.

Microsoft to Investigate Reports of Harsh Working Condition in KYE Systems Corp, China

Microsoft to Investigate Reports of Harsh Working Condition in KYE Systems Corp,

Microsoft Corporation announced on Wednesday that it will be looking into reports of inconsiderate working conditions at a Chinese factory that manufactures products for the Redmond-based software giant.

China's Steps on Currency Revaluation Complicated by Spotlight and Focus

China's Steps on Currency Revaluation Complicated by Spotlight and Focus

Even though the leaders of China have now managed to reach a consensus that the country's present currency policy must change as soon as possible, the timing of the decision has been highly complication by rising nationalism, a media frenzy across the country over the said issue and visits by top officials from both sides to China and Washington.

First-Quarter Sales of Mercedes-Benz Amounts to 112% in Mainland China

First-Quarter Sales of Mercedes-Benz Amounts to 112% in Mainland China

On Friday, Daimler AG's luxury car unit, Mercedes-Benz said that its first-quarter sales in mainland China soared 112% year on year to 23,610 units, making China its fastest-growing market globally.

Mercedes-Benz said on its website that in March, sales of Mercedes-Benz, smart, AMG and Mayback cars on the Chinese mainland rose 62% from previous year to 8,280 units.

Oil Futures Rise as Dollar Softens Against Euro

Oil-Dollar

It has been reported that Oil futures increased due to a softer Dollar against the Euro. There also has been a massive increase in Chinese oil imports in the first quarter of the year.

The Dollar fell against the Euro after it was announced that the European Union has extended a package to Greece to assist it in debt recovery.

China’s Renewable Energy Investments Heave

China’s Renewable Energy Investments Heave

A 31% comparative elevation from last year has been witnessed by global investments in renewable energy for the first quarter.

This inclination, according to Bloomberg New Energy Finance, was a result of increasing demand of wind power in China.

Lending for China Bank Dives

Lending for China Bank Dives

The dive in lending of the Chinese banks in the first initial three months of the this year, is speaking volumes for the useful steps that Government took for fixing the new loans.

Arsenic Has A Significant Anti-Cancer Effect

Arsenic Has A Significant Anti-Cancer Effect

Arsenic has been used in traditional Chinese medicine for two thousand years for treating conditions such as syphilis and psoriasis, while in the West it is mainly considered a poison.

A type of leukemia can also be cured by it, as it has a significant anti-cancer effect. The scientists in China have managed to know that arsenic targets proteins that make cancer cells grow.

Latest News

Crude Oil Prices Scale Almost Six Percent but Analysts Not too Optimistic about
Whole Foods Reports Rise in Overall Sales in the Recent Quarter
Time Inc. Acquires Viant; Terms of Deal not Specified
iRobot Corporation , the Maker of Roomba Vacuum Moving Out of Defense and Securi
Telecom Regulatory Authority of India bans Facebook’s Free Basics
Obama Administration's final budget request offers $19 billion for NASA in fisca
Scientists say their discovery may help explain the Great Attractor
Scientists may Confirm Existence of Gravitational Waves Today
Stunning photo of Newborn Star Illuminating Nebula captured
In Spite of Big Loss in Q4 Tesla’s Shares Increased over Rosy Outlook
Gold Jumps as Yellen says the Fed may take a Go Slow Path for Interest Rate Hike
Cracknell supports tax on sugary drinks in the UK
Syndicate content