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IMF Not Yet Ready to Add Chinese Yuan in Currency Basket

Aug 05, 2015 12:45 PM EDT

The International Monetary Fund (IMF) has released its findings on Tuesday and concluded that it will not add the Chinese Yuan in its Special Drawing Rights (SDR) arsenal until the latter part of next year. This is a clear setback for the Chinese government that has been campaigning for the Yuan to be added in the currency basket as soon as possible.

China’s Premier Urges Stronger Clean Energy Cooperation with U.S.

Michael A. Katz |

Apr 13, 2015 04:13 PM EDT

China's Premier Li Keqiang urged stronger cooperation with the U.S. in clean energy and environmental protection and other areas after meeting with a U.S. presidential trade mission in Beijing today.

Chinese Premier Li Keqiang makes a televised address during the official opening of the CeBIT trade fair in Hanover March 15, 2015.

China Ready To Put Brakes On Use Of Gov't Power To Boost Private Sector Growth

Arlene Lim |

Mar 17, 2015 11:04 AM EDT

Chinese Premier Li Keqiang promises that government is ready to put brakes on the use of government power, just so that the private sector can grow.

China Wants To Give College Grads, Start-Ups Easier Access To Loans

Arlene Lim |

Mar 11, 2015 02:50 AM EDT

Chinese Premier Li Keqiang has proposed a financial support system that will help young college graduates to start their own businesses, by means of providing policy directives that promote entrepreneurship.

China's Pres. Xi Jinping and Premier Li Keqiang

NPC Session: Chinese Premier Expected To Announce 2015 Budget

Arlene Lim |

Mar 05, 2015 10:41 PM EST

Chinese Premier Li Keqiang is opening today's National People's Congress (NPC) at the Great Hall of the People in Beijing, China.

CPPCC Delegates Scramble To Air A Myriad Of Issues In Its Annual Sessions

CPPCC Delegates Scramble To Air A Myriad Of Issues In Annual Sessions

Desiree Sison |

Mar 05, 2015 05:09 AM EST

The CPPCC delegates have aired their respective issues and concerns hoping that the Chinese legislature will tackle these petitions when the legislative session opens on Thursday

Britain's Prince William Off to China on Sunday

Arlene Lim |

Feb 23, 2015 01:18 AM EST

Prince William embarks on 3-day trip to China. He will also visit the Wild Elephant Valley, which could stir controversy.

Premier Li Serves Noodles to Migrant Workers Heading Home

Vittorio Hernandez |

Feb 15, 2015 07:59 AM EST

While serving noodles to migrant Chinese works returning to their provinces for the Lunar New Year celebration, Premier Li Keqiang also promised them that he would craft policies that would offer financial assistance and technical support to citizens willing to return to the hometown and restart their lives.

China Sacks Premier's Brother As Deputy Head of Tobacco Monopoly

Geann Pineda |

Feb 12, 2015 07:49 PM EST

China has removed Premier Li Keqiang's brother as deputy head of a powerful tobacco monopoly Wednesday.

China To Malaysia: Don't Give Up On Search For MH370

Geann Pineda |

Jan 30, 2015 12:44 AM EST

Chinese Premier Li Keqiang urged Malaysia not to give up on its search for Malaysia Airlines Flight MH370.

China Keen on Leveling Up Ties With India

Raymond Legaspi |

Jan 27, 2015 11:56 AM EST

China seeks to be a better neighbor to India by turning warming relations into a strategic cooperative partnership that will benefit their populations of more than a billion people.

China Seeks Hi-Tech Innovation, Sees Mass Entrepreneurship as a ‘Gold Mine’

Raymond Legaspi |

Jan 26, 2015 06:15 AM EST

When China speaks, everyone listens at the recent World Economic Forum in Davos, Switzerland and Beijing's pitch can be summed up in three words - innovate or die.

Chinese Premier Li Keqiang and Russian Prime Minister Dmitry Medvedev

China To Increase Eastern And Central Europe Investments

Carlene Vision |

Dec 17, 2014 09:10 AM EST

Approximately 2.4 billion Euros or $3 billion will be further invested by China in eastern and central Europe as a way to strengthen its already existing business ties with the European Union.

China to Cut Red Tape for Business, Invesment Projects

Michael A. Katz |

Nov 06, 2014 03:47 PM EST

The Chinese government said it will cut the red tape involved in the approval process of business and investment projects.

China Expected to Supply Mexico with High-Speed 'Bullet' Trains

Michael A. Katz |

Oct 20, 2014 11:23 AM EDT

China will likely begin supplying Mexico bullet trains through a consortium of four Chinese companies and four Mexican firms. It would mark the first time China has exported its high-speed trains.

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