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China

Iran cuts uranium gas stockpile, complies with interim nuclear deal – IAEA
Iran has reduced its stockpile of low-enriched uranium gas to comply with the terms of the interim nuclear agreement signed with the six world powers in 2013, a report by a UN nuclear agency has said.

24.11.2014 16:44

‘Biased US won’t affect construction’: China counters criticism of artificial island project
China has cautioned that US warnings to halt construction of a massive artificial island and airfield will not deter it from completing the project in disputed waters of the South China Sea. This is the fourth such undertaking in the last 12-18 months.

24.11.2014 06:23

Worm lives in British man’s brain for 4 years
A British man has become the first person in the country to be diagnosed with a rare tapeworm in his brain. The worm was discovered after the 50-year-old man complained about headaches and strange smells.

21.11.2014 13:26

​Russia-China trading settlements in yuan increases 800%
Settlements in yuan between China and Russia have increased ninefold in annual terms between January and September 2014, says the Chinese Ministry of Economic Development.

21.11.2014 13:57

​Move over Trans-Siberian: China launches 'world’s longest' train route
The 82-wagon cargo train is expected to take 21 days to travel 6,200 miles, passing through six countries between China and Spain.

20.11.2014 20:23

China & others can cripple US power grid, NSA admits for the first time
​The head of the National Security Agency warned Congress on Thursday that China and “one or two” other nations currently possess the capability of crippling the American power grid through cyberattacks.

20.11.2014 17:51

Russia’s biggest bank launches financing in Chinese yuan
Sberbank, Russia’s largest lender, will be the first bank in the country to start issuing credit guarantees denominated in Chinese yuan. The new yuan-based letters of credit ensure payments between buyers and sellers, with the bank acting as a router.

18.11.2014 13:55

​Frankfurt begins first European direct settlements in Chinese yuan
European companies now have the opportunity to settle trading accounts in Chinese yuan. The Bank of China in Frankfurt has become the first to operate European yuan clearing. Trading costs will be cut as there will be no dollar exchange first.

18.11.2014 07:16

China, Australia sign landmark free trade deal
China and Australia have sealed a major free trade agreement worth billions of dollars giving the Australian agricultural sector tariff free access to the massive Chinese market, while China will get greater access to investment projects in Australia.

17.11.2014 19:34

China opens up $4.2trn stock market to world via Hong Kong
The Chinese mainland is now open for business, at least in terms of its $4.2 trillion capital market. The Shanghai and Hong Kong stock exchanges are now linked giving foreign investors access to the tightly-controlled Chinese capital markets.

17.11.2014 13:58

G20 in Australia: Buffoons v the Global South
Here’s the G20 in Australia in a one-liner: a tiny bunch of Anglo-Saxon political buffoons attempts to drown out the Global South.

17.11.2014 07:47

​West concerned about Russia and China economic ties
Russia’s growing economic ties with China is causing Western countries to threaten more sanctions and even block it from the G20 summit, historian Gerald Horne told RT.

15.11.2014 08:56