Qumalai county in Yushu Tibetan Autonomous Prefecture, northwest China\’s Qinghai Province sits at an average altitude of over 4,500 meters. Here, football has become the most popular sport among the l
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Commercial real estate defaults could spark second round of U.S. banking crisis in 2024
WASHINGTON, Dec. 29 (Xinhua) — A possible wave of commercial real estate defaults threatens to prolong the U.S. regional banking crisis into 2024, according to some experts.
\”It is all too likely tha
China guards against new variant of COVID-19
BEIJING, Dec. 28 (Xinhua) — China is taking proactive measures to counter new COVID-19 cases caused by the JN.1 variant of the virus, which is spreading globally, China\’s health authority said Thursd
Australian PM\’s China visit will help normalize relations, says ex-trade minister
Former Australian Trade Minister Andrew Robb, in an exclusive interview with People’s Daily Online, said he viewed the upcoming visit of Prime Minister Anthony Albanese to China as another step toward
New deposit rate cuts herald cheaper loans
Reductions most substantial since 2016; may incentivize consumption
China\’s biggest banks cut interest rates on deposits on Friday, which analysts said may have marked the biggest cut since 2016 and w
Schools switch to online teaching in east China due to snowfall
JINAN, Dec. 11 (Xinhua) — In response to the snowfall starting early Monday morning, primary and secondary schools as well as kindergartens in Jinan, capital of east China\’s Shandong Province, have m
Honduras slams U.S. meddling in internal affairs
TEGUCIGALPA, Nov. 29 (Xinhua) — Honduran Foreign Minister Eduardo Enrique Reina on Wednesday urged the U.S. government to stop meddling in its internal affairs after U.S. Ambassador to Honduras Laura
High-tech firms account for over 90 pct of companies listed on Beijing bourse
BEIJING, Nov. 15 (Xinhua) — High-tech enterprises accounted for over 90 percent of companies listed on the Beijing Stock Exchange (BSE) as of Wednesday which marks the two-year anniversary of the BSE
Beijing bourse boosts growth of innovation-oriented firms: BSE official
File photo shows an exterior view of the office building of the Beijing Stock Exchange, in Beijing, capital of China. (Xinhua/Li Xin)
BEIJING, Nov. 8 (Xinhua) — Since its inception in November 2021,
China\’s import expo a new paradigm for global cooperation: UN official
SHANGHAI, Nov. 5 (Xinhua) — The China International Import Expo (CIIE) is a place to pool ideas, cultures, and a new paradigm for global action and international cooperation, said a UN official here