The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift to make China an even stronger competitor on the global stage. The NYT reports.» Read More
The $2.3- billion project by the small, British company London Mining Plc would also bring diesel power plants, a road and a port near Greenland's capital Nuuk.
*China to anoint new leaders, go slow on reform shift. *Fresh euro zone turmoil looms if Greece rejects austerity. The election, of course, is on Tuesday for the White House and Congress.
LIANGJIAHE, China-- The next leader of China spent much of his youth living in a dug-out cave. Xi Jingping's seven years in this remote northern community meant toiling alongside rural villagers by day and sleeping on bricks by night, in stark contrast to his pampered early years in Beijing.
MANILA, Philippines-- A senior official said Friday China wants to improve relations with the Philippines following a strain in relations over a territorial dispute in the South China Sea.
BEIJING-- China's economic growth tumbled to the lowest in more than three years in the latest quarter but retail sales and other activity accelerated in a sign a recovery from the painful downturn is taking shape.
BEIJING-- China's import growth recovered slightly in September but was weak, suggesting that a recovery for the world's second-largest economy from a painful slump has yet to take hold. The World Bank cut its growth forecast for China this year to 7.7 percent from its May outlook of 8.2 percent.
SHANGHAI, Oct 9- China Molybdenum Co Ltd, backed by Chinese billionaire Yu Yong, nearly tripled on its Shanghai debut after the company sold stock way below the indicative range- triggering a surge in bids and prompting a trading halt.
RIGHT UJUMCHIN, China, Oct 9- On the remote grasslands of northeastern China, a politician little known in the West has made a name for himself as a rising leader.
BEIJING-- The World Bank cut its growth forecast for Asia on Monday in a new sign of the impact of weakening global demand and warned China's cooling economy faces the risk of a "more pronounced slowdown." The bank cut its forecast for China, the region's biggest economy, to 7.7 percent from May's 8.2 percent.
BEIJING, Oct 8- China risks economic malaise, deepening unrest and ultimately even a crisis that could shake the Communist Party's grip on power unless its next leader, Xi Jinping, pushes through stalled reforms, experts close to the government have warned.
BEIJING, Oct 3- China quietly deferred a request by North Korea for its young leader to visit last month because the Chinese leadership was preoccupied with its once-in-a-decade leadership change and a host of other distractions, two independent sources said.
LONDON, Oct 3- European stocks were set for a slightly lower open on Wednesday as new gloomy economic data and uncertainty about Spain's debt crisis eclipsed underlying optimism about coordinated monetary support from central banks across the world.
Bernanke dents the dollar and Italy gives the euro a lift - it's time for your FX Fix.
When President Nixon went on his visit to China in 1972, he wouldn't have predicted that within 40 years the country would be urging the U.S. to adopt a more responsible fiscal policy.