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China to beef up supply of daily necessities amid coronavirus outbreak

China will strengthen measures to ensure the supply of daily necessities in central China's Hubei Province, the epicenter of the ongoing coronavirus outbreak, said Lian

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China to ensure market supply of daily necessities: MOFCOM

The Ministry of Commerce (MOFCOM) called for a video call conference Monday to arrange for steady supply of daily necessities amid the novel coronavirus outbreak.Local authorities were urged to se

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Xi extends Chinese New Year greetings to all Chinese

Xi Jinping, general secretary of the Communist Party of China Central Committee, on Monday extended Chinese New Year greetings to all Chinese people home and broad. Xi

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Asia shares hit by tech warning, oil holds near highs

AsiansharesslippedonFridayasawarningonsmartphonedemandfromtheworld’slargestcontractchipmakersluggedthetechsector,whileloftyoilpricesstirredinflationfearsandunde

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Gastroenteritis outbreak claims 10 lives in S. India

Atleast10personshavediedandover900hospitalizedoverthepastoneweekduetooutbreakofgastroenteritisintheGunturdistrictofIndia'ssouthernstateofAndhraPradesh,districto

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Chinese company offers single people a lifetime supply of alcohol for £1

AChinesecompanymayhavefoundtherecipeforahappysinglelife:anever-endingsupplyofalcoholtokeepcustomerswarmonthoselongandlonelynights.AspartofAlibaba’sannualSingles

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30 children die of insufficient oxygen supply in Indian hospital

Atleast30childrenhavediedatagovernmenthospitalinthenorthernIndianstateofUttarPradeshinthepast48hoursduetoinsufficientoxygensupply,officialssaidFriday.Thedeathso

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China: Guideline issued to ease shortages of medicine

Chinahaslaunchedamultidepartmentalefforttodealwithoccasionalshortagesofsomeprescriptiondrugsforpatients,theStateCouncilInformationOfficesaidonWednesday.Aguideli

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Can China cut jobs without increasing unemployment?

Chinamustfindawaytoprotectworkersfromtheunemploymentqueuewhilerestructuringtheeconomyandcuttingovercapacityinmanufacturingandotherindustry.China'scurrentpolicyo

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U.S. plan to sell oil reserves undermines OPEC supply management efforts

U.S.PresidentDonaldTrump'sproposaltosellhalfoftheUnitedStates'strategicoilreservesurprisedenergymarketsonTuesdaysinceitcountersOPEC'seffortstocontrolsupplyinord

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China aiming to become global fighter jet supplier with cheap new radar

China has developed a cheap, lightweight radar for fighter jets as it bids to supply more such technology to developing nations.

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S. Korean gov't vows to control rising egg, gas prices

​The South Korean government said Friday that it will make full efforts to control rising living costs largely driven by the worst outbreak of avian influenza here and a gain in oil prices.

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Chinese cities try cooling hot new home prices

More cities in China are expected to introduce restrictive measures to dampen speculative buying and curb soaring property prices, according to analysts.

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Power supply restored after east China tornado

Power supply has been restored to a city in east China's Jiangsu Province after it was hit by a deadly tornado late last week, according to Jiangsu Provincial Electric Power Company.

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Reverse repo worth above RMB100 bln

The People’s Bank of China (PBOC), or the central bank, conducted more than 100 billion yuan of reverse repurchase agreements (repo) at the open market yesterday, a process in which the central bank purchases securities from banks with an agreement to resell them in the future, so as to deal with the short-term fluctuation in capital supply at the end of the month.

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China's supply-side reform right on target as its economy enters new normal: expert

A U.S. expert lauded China's efforts to advance the supply-side structural reform and said it is right on target as the country's economy is now settling into a "new normal" of lower growth rates.

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Energy cooperation "backbone" of Russia-China economic ties

​Energy cooperation has become the pillar of the Russia-China economic partnership, while bilateral interaction is expected to speed up in all economic fields.