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Homar Murillo

China signs new US$ 2 billion financing agreement for Africa’s development

May 27, 2014 01:15 PM EDT

A new financing agreement worth US$ 2 billion to be used to create the “Africa Growing Together FUND (AGTF) was signed between the People’s Bank of China and the African Development Bank.

New government move to safeguard cybersecurity

Homar Murillo |

May 27, 2014 01:14 PM EDT

In an attempt to ensure cybersecurity China will be introducing security checks on both information and technology products and services, according to the State Internet Information Office on Thursday.

Stronger Measures Needed In China To Quell Terrorism

Homar Murillo |

May 27, 2014 01:13 PM EDT

The latest terrorist attack in a busy street market in Xinjiang Uygur Autonomous Region that killed 31 people and injured more than 90 further emphasizes the serious need for the government to step up its drive against terrorism, according to security experts and analysts.

Lenovo Gearing Up To Be No. 1

Homar Murillo |

May 27, 2014 12:53 PM EDT

Lenovo Group Ltd hopes to increase its total overseas sales of desktops, laptops and tablets and unseat Apple from the No. 1 position in two years, according to Yang Yuanqing, Lenovo’s CEO.

President Xi Speaks on How to Establish Regional Security

Homar Murillo |

May 24, 2014 09:30 PM EDT

No country should seek to establish security solely for itself at the expense of other countries’ security, said Chinese President Xi Jinping on Wednesday.

China and Russia conduct third joint naval drills

Homar Murillo |

May 24, 2014 05:18 PM EDT

The weeklong joint naval drills or what is called the “Joint Sea-2014” participated in by the navies of China and Russia started at the East China Sea near Shanghai yesterday.

State-Level Nuclear Rescue Team to be Formed

Homar Murillo |

May 20, 2014 11:26 AM EDT

China is now in the process of forming a 300-member state level nuclear emergency rescue team, according to a senior official of the State Administration of Science, Technology and Industry for National Defense (SASTIND).

China’s Real Estate Index Shows Downward Trend

Homar Murillo |

May 20, 2014 11:15 AM EDT

China's real estate development climate index showed a slight decline in April after experiencing rapid growth in the past years, according to data released by the National Bureau of Statistics.

Over two million small enterprises to enjoy tax cuts in China

Homar Murillo |

May 08, 2014 11:34 PM EDT

New tax breaks to be given this year that will decrease tax due for payment by 50% will benefit more than 2 million small enterprises.

China Yuan Depreciation Only Temporary According To Economic Expert

Homar Murillo |

May 08, 2014 11:33 PM EDT

A Chinese economist in an interview with the China Securities Journal said that recent depreciation of the renminbi or yuan will only be short-lived or temporary.

Stricter Security Measures Adopted To Ease Public Anxiety

Homar Murillo |

May 08, 2014 12:29 PM EDT

Increased police visibility and other security measures had been adopted to reduce the public's anxiety brought about by recent acts of terrorism.

Risk of Spreading Military and State Secrets Increasing

Homar Murillo |

May 07, 2014 10:37 PM EDT

The risk of State secrets being divulged online is increasing, according to experts after the conviction of a man surnamed Li who was found guilty of disclosing military secrets through the web.

Anti-graft Book Enjoying Brisk Sales

Homar Murillo |

May 07, 2014 10:32 PM EDT

A book on new anti-graft regulations has been enjoying brisk sales since it was published last month.

Height is Not All That Matters

Homar Murillo |

May 07, 2014 10:29 PM EDT

The report during the National People's Congress in March about the average Chinese teen being shorter than their South Korean and Japanese counterparts has prompted the country's health and sports experts to call for better nutrition and exercise programs for the country's students. The report had generated public concern over the Chinese youth's declining fitness level.

Sharp Decline in Property Sales Noted During May Day Holiday

Homar Murillo |

May 07, 2014 10:23 PM EDT

A sharp drop of over 30 percent was experienced in property sales in China's major cities over the May Day holiday compared to last year's figures for the same period according to the Centaline Group, a property agency.

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