China’s central bank governor, Zhou Xiaochuan, has cautioned that low interest rates, especially deposit rates, would remove pressures that force financial institutions to finance the real economy.
“China needs to maintain a certain gap between deposit and lending rates so that banks can profit from providing financing to the economy,” Zhou said on Friday at the [...]

HARBIN – Rescuers have retrieved 11 bodies of the missing miners in a coal mine explosion in Hegang City, in northeast China’s Heilongjiang Province, where another 118 people were believed still trapped.
The rescue headquarters said that gas outburst caused the explosion in the Xinxing Coal Mine owned by the Heilongjiang Longmei Mining Holding Group.
The company [...]

Chinese equities open higher Tuesday, with the benchmark Shanghai Composite Index surpassing the psychologically important 3,200 mark, trailing gains for seven consecutive trading days.
The Shanghai Composite Index rose 0.87 percent to open at 3,203.17 points. The Shenzhen Component Index added 0.75 percent to open at 13,133.66 points.
Oil stock rose across the board, after China Monday [...]

Chinese Premier Wen Jiabao attended the opening ceremony of the conference and proposed eight new measures the Chinese government will take to strengthen China-Africa cooperation in the next three years.
“Chinese people cherish the sincere friendship towards the African people, and China’s support for Africa’s development is concrete and real,” said the premier.

Chinese Minister of Commerce [...]

China and Macedonia would like to further advance bilateral military ties, senior military officers of the two countries said on Tuesday.
Chinese Defense Minister Liang Guanglie met with visiting Macedonian Chief of the General Staff Miroslav Stojanovski Tuesday afternoon.
Liang said the years after the normalization of China-Macedonia relations has witnessed smooth development of bilateral ties, fruitful [...]

China’s naval escort fleet could provide necessary protection and aid to vessels of the Hong Kong Special Administrative Region (SAR) if need be, Foreign Ministry spokesman Qin Gang said Tuesday at a regular press conference.
Qin’s remarks came after a Hong Kong-flagged ship was reportedly attacked by the Somali pirates on Monday.
According to the report by [...]

China and Togo here on Wednesday vowed to further military friendly cooperation as a senior Togolese military officer visits China.
China and Togo have always sincerely treated and supported each other since they forged diplomatic ties, said Chinese Defence Minister Liang Guanglie in a meeting with Essofa Ayeva, Chief of General Staff of Togo armed forces [...]

Zimbabwe has hailed the just concluded fourth ministerial meeting of the Forum on China-Africa Cooperation (FOCAC) as “a very successful meeting”, Wednesday’s The Herald said.
Speaking at Harare International Airport soon after arrival on Tuesday, Zimbabwe’s Foreign Affairs Minister Simbarashe Mumbengegwi, who accompanied President Robert Mugabe to Sharm el-Sheikh, Egypt, to attend the meeting, said the [...]

Choe Thae Bok, secretary of the Central Committee of the Workers’ Party to the Democratic People’s Republic of Korea (DPRK), met the delegation of the All-China Federation of Trade Union (ACFTU) led by Vice-Chairwoman Qiao Chuanxiu on Thursday.
Choe introduced the current political and economic situation of the DPRK to the Chinese delegation, and said it’s [...]

Chinese President Hu Jintao met here with his Indonesian counterpart Susilo Bambang Yudhoyono on Friday on the sidelines of the APEC Economic Leaders Meeting.
Hu said China is ready to work with Indonesia to proceed from a strategic height and a long-term view to continually advance their strategic partnership.
Hu congratulated the Indonesian people for their achievements [...]