A waitress who stabbed one official to death and wounded another has been convicted but set free. Deng Yujiao claimed she attacked the two men after they tried to force her to go to a sauna with them for sex. Although she was originally detained for suspicion of murder, a death penalty offence, the court [...]
The People’s Daily, the official daily newspaper of the Chinese Communist Party, and CCTV both plan to expand their coverage as part of a US$6.6 billion government plan to upgrade and expand state media. The People’s Daily will upgrade its 72 foreign and domestic bureaus. CCTV has announced plans to revamp its news broadcasts and [...]
Best Buy, the world’s largest retailer of consumer electronics, said its Shanghai stores are selling more Chinese brands at the expense of Japanese and Korean brands. Bob Willett, head of Best Buy’s international division, said that sales of local brands like Lenovo, Haier and TCL have increased 30-40% while sales of foreign brands like Samsung [...]
The China National Power Dispatching and Communication Center reported that China’s daily power production in the first ten days of June is the highest so far this year. Driven by a recovery of heavy industrial production of cement, steel and iron, and coal, China generated 9.76 billion kilowatts of power, which is a decline of [...]
Russian oil company LUKOIL will send China Petroleum and Chemical Corp (Sinopec) 3 million tons of crude oil over the next year. The pricing terms of the contract were not fully disclosed, but LUKOIL said the oil will come from its new Arctic field of South Khylchuyu and be shipped to China by LITASCO, the [...]
China and Russia have both offered to provide billions of dollars in aid to central Asian nations to help them weather the global economic downturn. The pledges were made during the meeting of the Shanghai Cooperation Organization (SCO) in the Russian city of Yekaterinburg on Tuesday. The SCO is comprised of China, Russia and the [...]
The Chinese government yesterday announced explicit “Buy Chinese” regulations requiring that stimulus package funds be spent only on Chinese goods and services, despite months of complaints over similar “Buy American” clauses in the US economic stimulus package. At the same time, it is launching an investigation into local governments for allegedly discriminating against domestic products. [...]
