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Currency and financial system stability are priority: PBOC governor

Maintaining currency value stability and financial stability are two top priorities of the People's Bank of China (PBOC), Yi Gang, governor of the PBOC, said on Tuesday

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U.S. to sell 26 mln bbls of oil reserves as mandated by Congress

yearsyearBiden administration said on Monday it is selling 26 million barrels of crude oil from the Strategic Petroleum Reserve a release that had been mandated by

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EU approves end to combustion engine sales by 2035

The 27 member states of the European Union (EU) announced early Wednesday the Commission's plan to ban the sale of vehicles with combustion engines by 2035 in Europe, i

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M6.0 earthquake strikes waters off China's Taiwan: CENC

An magnitude-6.4 earthquake struck off the eastern coast of China's Taiwan region at 5:46 p.m. on Monday at a depth of 15 kilometers, the China Earthquake Networks Cent

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BizBeat Ep. 298: As RCEP era dawns, multilateralism gets a major boost

02:11 The Regional Comprehensive Economic Partnership, or RCEP, came into effect today. In 2021, fifteen countries reached agreement through intensive negotiations. But we also saw nati

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BizBeat Ep. 295: U.S. facing biggest crisis with 'Biden stagflation'

02:48 A recent Wall Street Journal article says that the U.S. economy is experiencing its biggest crisis in 20 years. U.S. inflation hit highest level in nearly 40 years. Biden's regula

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China condemns Kabul airport attack

China said on Friday that it's shocked by the deadly attack near Kabul airport and condemned such an act.Foreign Ministry spokesperson Zhao Lijian said so far, there are no casualties among Chinese n

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Russian, U.S. defense chiefs discuss strategic stability by phone

Russian Defense Minister Sergei Shoigu and U.S. Secretary of Defense Lloyd Austin discussed results of recent bilateral consultations on strategic stability during a ph

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China calls on Canada not to interfere in judicial sovereignty

China's Foreign Ministry on Thursday calls on Canada not to interfere in China's judicial sovereignty following Canada's protests of two crime cases involving two of its citizens.In a public statemen

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Villagers in Hubei find prosperity in cultural heritage

Xujiachong village, a migration village formed in Central China's Hubei province after the Three Gorges Project, has established a specialized cooperative for embroiderers. Since 2013, the company

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Top aide to New York's Governor resigns amid his harassment scandal

Melissa DeRosa, a senior aide to New York governor Andrew Cuomo, resigned Sunday night amid the governor's spiraling sexual harassment scandal, saying the last two years have been "mentally and physi

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Nevada bans ornamental, non-functional grass

03:12 The U.S. State ofNevadais facing a critical drought. In a desperate attempt to conserve water,the state recently passed legislation banning ornamentalgrassin and around the city o

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Negotiating global tax reforms

02:12 This month the G-7nationsannounced a "historic agreement" on global tax reform, pledging to introduce a minimum corporate tax rate of 15%.However, the agreement is really just the

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Saudi-led coalition intercepts Houthi drone, says state TV

Saudi Arabian air defenses intercepted and destroyed an armed drone launched by Yemen's Houthi group towards the southern Saudi city of Khamis Mushait, state television said on Monday.It cited the Sa

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Rising Star Cities series is coming! The first stop – Ningbo

00:51 The "rising star" cities refer to Chinese mainland's cities with a GDP of 1 trillion yuan. As of the end of 2020, the number of such cities reached 23. Hosts and

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Putin slams foreign countries for not approving Russian COVID-19 jabs

Russian President Vladimir Putin has slammed the ban on Russian COVID-19 vaccines imposed by some countries despite the shots proving their efficacy, stressing that such restrictions are absurd and p

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MOFA:Some Americans smear China in the name of press freedom

00:58 Some people in the U.S., in the name of freedom of press and speech, wantonly smear and attack China, and such practice in itself is spreading disinformation and