Power of auditing Restricting(限制) the power of government leaders at various levels within reasonable limits is something the central government has been doing for the past couple of years. How effective this effort is will make a great diffe...
The recent rise in China's inflation has grabbed the attention of the public and policymakers alike. Consumer price inflation rose to 4.4 percent in October and a further increase is expected. This is higher than we are used to in China, although it...
Inflation expectation presses for rate hike The possibility of an interest rates hike by China's central bank is imminent as inflationary pressure prolongs and a prudent monetary policy is in place, the China Securities Journal reported Friday. China...
China stocks(股票) close up Friday BEIJING - Chinese shares higher Friday with the benchmark Shanghai Composite Index(财政综合指数) up 1.07 percent, or 30.09, to end at 2,841.04. The Shenzhen Component Index closed up 0.87 percent, or...
China's economy again beat Japan's in the third quarter(第三季度) of this year, AFP reported on Dec 9. China's nominal GDP amounted to $1.42 trillion during July to September, compared with Japan's $1.37 trillion, the report said, citing Japa...
ROME, Dec. 3 (Xinhua) -- Italy lacks the necessary energy(能量,活力) and strength for an economic revival while unemployment and poverty are on the rise, warned a report issued Friday. The 44th edition of the Censis think tank social survey, the...
ABIDJAN, Dec. 6 (Xinhua) -- Cote d'Ivoire's political crisis deepens with the appointment of two prime ministers by the two presidential candidates declared the winner of the Nov. 28 run-off respectively by the electoral commission and the Constituti...
JERUSALEM, Dec. 6 (Xinhua) -- An Israeli teenager on Monday admitted throwing a piece of burning charcoal into the woods, causing the massive fire that ravaged northern Israel in the past three days, local daily Ha'aretz reported. Police suspected th...
PARIS, Dec. 5 (Xinhua) -- Heavy snow and cold snap swept across France over the week, putting many regions on high alert about extreme weather and causing traffic delays and cancellations. On Saturday, heavy snow, as expected, fell across the Ile-de-...
MAR DEL PLATA, Argentina, Dec. 4 (Xinhua) -- The 20th Ibero- American Summit concluded here on Saturday with the issuance of a Declaration of Mar del Plata. The declaration from the two-day summit, which started on Friday, included an ambitious educa...
WASHINGTON, Nov. 24 (Xinhua) -- As part of the Obama administration's continued efforts, U.S. Vice President Joe Biden on Wednesday wrote about the urgency to pass this year in the Senate the new Strategic Arms Reduction Treaty (START) signed with Ru...
LONDON, Nov. 24 (Xinhua) -- British university students Wednesday staged nationwide protests against planned tuition fee increases during which a police van was damaged in central London. Some protesters surrounded the van in Whitehall, smashing the...
WASHINGTON, Nov. 26 (Xinhua) -- U.S. President Barack Obama was hurt in a basketball game Friday morning, and got 12 stitches in his lip, the White House said. Obama got the stitches after his basketball game in the morning with personal aide Reggie...
South Korea has held funerals for the two marines(海军陆战队员) killed when North Korea fired artillery shells at the South's Yeonpyeong island earlier this week. It comes as the US calls on China to do more to increase its pressure on Pyongyan...
They leap from helicopters(直升机) or speeding boats, bringing aid to swimmers who get into trouble off Italy's popular beaches. For these canine lifeguards, the doggie paddle does just fine. Hundreds of specially trained dogs form Italy's corps o...