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Tag Archives: China

Asian Infrastructure Investment Bank launches with $100bn in capital

Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), speaks at a press conference in Beijing, capital of China, Jan. 17, 2016. (Xinhua/Li Xin)

The Asian Infrastructure Investment Bank is designed to revamp aging infrastructure in emerging Asian economies. The Chinese-led bank starts with 57 member states and a capital stock of $100 billion. BEIJING (China) — The Asian Infrastructure Investment Bank (AIIB) opens with $100bn in capital contributed by its 57 member nations and is expected to lend $10-$15bn annually over the first ... Read More »

Chinese company unveils self-driving flying vehicle

The Ehang 184, created by Guangzhou-based company Ehang, essentially looks like a larger version of a quadcopter drone

A Chinese company has unveiled the world’s first commercially available passenger drone at the Consumer Electronics Show (CES) in Las Vegas. The Ehang 184, created by Guangzhou-based company Ehang, essentially looks like a larger version of a quadcopter drone – except with a small cockpit in the middle capable of carrying a single passenger. The all-electric drone has four arms, eight ... Read More »

China’s Harbin Ice Festival is world’s most stunning winter festival

The Harbin Ice and Snow Festival features spectacular ice sculptures that are bathed in ethereal lights (AFP Photo/Wang Zhao)

More than one million visitors are expected to attend the spectacular Harbin Ice Festival, where buildings of ice are bathed in ethereal lights and international ice sculptors compete for honors The legendary Harbin International Snow and Ice Festival, famous for its spectacular sculptures and giant replicas, is now officially underway in northern China. The annual event, now in its 32nd ... Read More »

Miss World 2015 crown goes to Spain

Spain's Mireia Lalaguna Royo Takes Miss World 2015 Crown

Sanya (CHINA) – The finale of the 2015 Miss World contest came to a conclusion with Miss Spain Mireia Lalaguna Royo claiming the crown in Sanya, a coastal resort city in south China’s Hainan Province. The pharmacy student from Barcelona claimed the illustrious crown after winning over the contest’s judges during the 65th edition of the world famous pageant in ... Read More »

High-value mountain products can promote sustainable livelihoods in Himalayas

Integrated farm with fruits, vegetables and herbs, Swat valley, Pakistan

Strengthening linkages between value chain actors, mountain farmers and consumers is important in achieving sustainable growth in Hindu Kush Himalayan region By Dr Surendra Raj Joshi The bountiful mountain areas of the Hindu Kush Himalayan (HKH) are a cornucopia of diverse, high-value products. With an abundance of niche goods, the region has a comparative advantage over other markets due to the ... Read More »

Heart of Asia Conf. delegates call for unified approach against terrorism

Heart of Asia Conf. delegates call for unified approach against terrorism

Conference stress enhanced cooperation for countering security threats and promoting connectivity in the Heart of Asia region ISLAMABAD – Dignitaries from Afghanistan, India, China, Turkey, Iran and other Asian countries called for enhanced cooperation for countering security threats and promoting connectivity in the Asian region at the Heart of Asia conference. The ‘Heart of Asia’ summit is jointly hosted by ... Read More »

Beijing hits highest air pollution alert of 2015

Beijing hits highest air pollution alert of 2015

Beijing’s residents have been advised to stay indoors after air pollution in the Chinese capital reached hazardous levels. BEIJING (China) – Last night, Beijing’s pollution level was taken up a notch to “orange,” from the original “yellow” classification by the Beijing Environmental Protection Bureau, according to Travel China. This is the second-highest air pollution warning level, with “red” coming next. Air pollution ... Read More »

Book on China-Pakistan friendship launched in Islamabad

Chinese ambassador to Pakistan, Sun Weidong, at the book launch of “You and Us: Stories of China and Pakistan” in Islamabad.

Pakistan-China friendship cuts across multiple dimension, touching state-to-state and people-to-people relation Speakers at the book launch of “You and Us: Stories of China and Pakistan” highlighted the special bond shared by the states as well as by the people of Pakistan and China. The book is a compilation of the stories of that friendship by former Chinese officials, interweaving personal recollections inside ... Read More »

40 countries participate in Asia Art Festival in Quanzhou, China

BEIJING — Artists and art troupes from over 40 countries and regions are participating in the 14th Asia Arts Festival & the 2nd Maritime Silk Road International Arts Festival that began with a fabulous opening ceremony on Sunday in Quanzhou- a starting point of the ancient Maritime Silk Road in southeast China’s Fujian Province. The weeklong Asia arts festival, organized by ... Read More »

Chinese yuan gaining momentum to become global currency

BUENOS AIRIES – China’s currency, the yuan or renminbi (RMB), “is increasingly competing” against the US dollar and the euro as it moves closer to gaining a global currency status, an Argentine report said. In a key step, the International Monetary Fund (IMF) is meeting this month to “study the possibility of incorporating the yuan” into its basket of major ... Read More »

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