MillenniumPost

Philippines makes last-minute entry to China-led infra investment bank

1 Jan 2016 5:18 AM IST
Amid a row with China over the South China Sea, the Philippines on Wednesday sprang a surprise by deciding to join the Beijing-sponsored Asian...

India, China sign off most engaging year in relations

30 Dec 2015 3:25 AM IST
India-China relations saw high- level engagements in 2015 and the two sides look to 2016 to step up cooperation in counter-terrorism and efforts to...

China-backed infra bank AIIB formally established in Beijing

27 Dec 2015 3:53 AM IST
“The AIIB is legally established as the Articles of Agreement take effect today,” China’s Finance Minister Lou Jiwei said. Articles of Agreement...

China ‘employs’ robot journalist; real ones worried about job loss

26 Dec 2015 2:58 AM IST
For the first time, a Chinese news channel has employed an artificial intelligence robot as a weather reporter on its live breakfast show, raising...

China November car output & sales reach record highs

12 Dec 2015 5:05 AM IST
Automobile sales and output in China both hit record highs in November as demand continued to soar after the government halved vehicle purchase tax in...

Beijing smog triggers online boom in condoms & sportswear

10 Dec 2015 6:07 AM IST
China’s capital registered a boom in online orders for condoms and sportswear rather than masks and air purifiers, state media reported on Wednesday,...

China foreign trade declines for 9th month in row

9 Dec 2015 6:20 AM IST
China’s foreign trade in November dropped 4.5 percent year-on-year to $337 billion, the ninth consecutive monthly decline, compounding the slowdown in...

China ODI up 16.3% to $95 billion in 2015

17 Nov 2015 6:34 AM IST
China, the world's third largest outbound investor made $95.21 billion in non-financial investment in overseas markets in the first ten months of this...

China’s Alibaba creates record with $14-bn Singles Day sales

13 Nov 2015 5:41 AM IST
China’s e-commerce giant Alibaba on Thursday created a new record in online sales netting $14.33 billion on the annual Singles Day, the world’s...

China to start direct trading between Yuan, Swiss Franc

10 Nov 2015 6:19 AM IST
China on Monday said it will allow direct trading between the Chinese yuan and Swiss Franc in the inter-bank foreign exchange market from tomorrow as...

China issues guideline on reforming $15.7 trillion SOEs

6 Nov 2015 4:08 AM IST
China has unveiled a guideline for reforming management of the country's colossal state-owned assets valued around $15.7 trillion as part of a new...

41.3 % Chinese online goods are shoddy or counterfeit

4 Nov 2015 6:18 AM IST
In a big set back to China’s e-commerce giants like Alibaba, an official report submitted to the Chinese lawmakers said only 58.7 per cent of items in...
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