Africa becomes largest Chinese medicine export market

Africa has become the largest export market for medicine made by China and one of the fastest-growing markets for Chinese medical products, a senior medical official said on Saturday at an ongoing import-export fair in south China’s Guangdong Province. Statistics released on Friday by the China Chamber of Commerce for Import & Export of Medicine […]

James Packer: China’s middle class to change Australian economy

James Packer: China’s middle class to change Australian economy

The rise of China’s middle class will change every aspect of the Australian economy, James Packer, billionaire businessman said Wednesday at the Leadership 2012 Tourism, Aviation and Transport Infrastructure Summit in Canberra. According to his analysis, the Chinese middle classes want luxury travel, quality hotels, signature restaurants and high-end retail. Packer said Australia must build […]

Chinese peace-keeping police set off to South Sudan

Chinese peace-keeping police set off to South Sudan

China sent off the second batch of policemen on Friday night to the Republic of South Sudan for United Nations (UN) peace-keeping missions. The 13-member team was composed of policemen in a range of sections, including anti-terror department, entrance and exit administration, regimental and patrolling police, border checking, and fire case investigation. All of them […]

One Chinese worker shot dead in northern Nigeria

A Chinese construction worker was on Friday shot dead in Nigerian’s northeastern city of Maiduguri by gunmen. The Chinese, according to witnesses, was shot dead at a construction site around the Lagos street at about 1 p.m. local time. “The man was brought to the hospital (University of Maiduguri Teaching) mortuary dead from gun shots,” […]

China focuses on managing inflation

China focuses on managing inflation

Yi Gang, vice governor of the People’s Bank of China, made a speech at the last day of the International Monetary Fund and the World Bank annual meeting Sunday here to explain the monetary policy of China. Yi stressed that the most important job for central bank is to control inflation. China is developing dramatically, […]

China pledges support to Russia’s G20 presidency

China pledges support to Russia’s G20 presidency

China will fully support Russia in its hosting the leaders’ summit of the Group of 20 (G20) economies next year, a senior Chinese official said here Friday. Speaking at a press conference after a meeting with the Russian sherpa of the G20 Ksenia Yudaeva, Cui Tiankai, Chinese vice foreign minister and also one of the […]

China calls for strengthening authority, efficiency of UN General Assembly

China calls for strengthening authority, efficiency of UN General Assembly

China Thursday called on the United Nations General Assembly (GA) to further strengthen its authority and efficiency in order to better implement the mandate entrusted in the UN Charter. Wang Min, China’s deputy permanent representative to the UN, made the statement as he addressed the 67th session of the General Assembly on the theme of […]

OECD sees continued slowdown in major economies

The Organization for Economic Cooperation and Development (OECD) said on Monday that indicators point to persistent slowdown of most major economies in coming quarters. Designed to anticipate turning points in economic activity relative to trend, the composite leading indicators (CLIs) of the euro area pointed to a loss of momentum with expected continued fragile growth […]

China calls for greater attention of UN to social development

China’s Deputy Permanent Representative to the United Nations Wang Min Monday called on the UN to give greater attention to social development under the current world situation. Wang’s statement came as he addressed the Third Committee of the 67th session of the General Assembly. “At present, the profound impacts of the international financial crisis and […]

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