The 2.5 percent pre-determined interest rates attached to life insurance products here in China have been scrapped. The move is the latest effort by central government to liberalize the country's interest rates. The People's Bank of China has already...
A grand opening ceremony has been held in Stockholm to begin the three day long China Festival, first of its kind being held in Sweden as well as the whole Nordic region. CRI's Chen Xuefei attended the festival and filed this report. Chinese Ambassad...
The 15-member Southern Africa Development Community on Friday declared Zimbabwe's elections free and peaceful. Zimbabwean President Robert Mugabe's Zanu-PF party has taken well over 50-percent of the parliamentary seats in the general elections. Whil...
A new supervision program has been launched in Beijing to monitor ice cubes at fast food restaurants. The move by food safety authorities comes following media reports of fast food chains serving soft drinks with ice full of bacteria. CRI's Li Dong h...
Chinese tourism industry leaders have launched a new campaign to put an end to the sometimes-vulgar behavior of Chinese nationals traveling abroad. Yu Ningning is the general manager of China International Travel Service. With this initiative, I hope...
The United States is closing its embassies and consulates throughout the Muslim world this Sunday after receiving an unspecified threat. The US State Department says it's taking the action out of an abundance of caution. State Department spokesperson...
An American father-and-son team have put their thoughts to paper in a new book which lays out their principals for building family wealth. CRI's Shen Ting has the details. To construct a legacy that will last, you need to forget everything you think...
Foreign Minister Wang Yi is representing China at a forum being held in Bangkok to commemorate the 10th anniversary of the signing of the China-ASEAN Strategic Partnership. CRI's Zhang Shuangfeng has more. In his keynote speech at the opening ceremon...
A new report from the Ministry of Environmental Protection has revealed Beijing is at the center of China's worst area for air quality. CRI's Lucy Du has more. Reporter: The new report says in 74 Chinese cities, the average air quality readings only...
Ariel Castro, from the U.S state of Ohio responsible for kidnapping, raping and imprisoning three girls for over a decade, has been sentenced to life in prison without parole. Judge Michael Russo: The breadth of the - the scope of these crimes and th...
Japan's Deputy Prime Minister has retracted his recent comments made in connection with Japan and Nazi Germany. CRI's Su Yi has more. Reporter: Taro Aso issued the statement, after suggesting this week that the current government of Japan could take...
Italy's top court has upheld a jail sentence against former Prime Minister Silvio Berlusconi for tax fraud. The Italian Supreme Court confirmed a four-year jail term and ordered a new appeal trial for a related ban on public office. Because of a 2006...
U.S intelligence whistleblower Edward Snowden has received temporary asylum in Russia for one year. Marc Cavigli has more. Reporter: Snowden's lawyer Anatoly Kucherena says he has moved to a safe place, though his whereabouts remain a mystery. Regard...
Authorities on Taiwan have ordered tens of thousands of doses of the rabies vaccine. The move comes amid the first rabies outbreak on the island in more than 50 years. Health officials have been struggling to contain the outbreak since July 17th afte...
The Chinese arm of Standard Chartered has rolled out a new mutual fund distribution business here on the mainland. The British bank is one of the eight overseas banks that has been given the green light from China's securities regulator to start the...
