The London Metal Exchange has approved the international arm of Bank of China as its first Chinese member in its 135 years of history as China becomes the largest consumer of many raw materials and metals traded at the exchange.BOCI Global Commoidities (UK) limited was approved for membership of the LME under the category 2 as associate broker clea......

HEFEI - French fashion designer Pierre Cardin on Tuesday opened his third branch of Maxim's, a French restaurant, in central China's Anhui province.The Maxim's de Paris restaurant in the provincial capital of Hefei is the 11th branch of Maxim's and the third in China following two locations that were opened in Beijing in 1983 and 2008.Cardin, who p......

LONDON: London, the financial center of Britain, will soon establish an advisory council of prominent Chinese government and financial figures to guide its engagement with China.The City of London Advisory Council for China will be first of its kind in the world's two biggest financial centers, New York and London.Stuart Fraser, policy committee ch......

BEIJING - Chinese President Hu Jintao exchanged messages with his Finnish counterpart, Tarja Halonen, Thursday to mark the 60th anniversary of the establishment of bilateral ties.Finland established diplomatic ties with the People's Republic of China on Oct 28, 1950, and was among the first Western countries to recognize the new China. In his messa......

BRUSSELS - Beijing and Brussels are expected to focus their recent cooperation on building "sustainable and inclusive" global governance while promoting technology transfers to accelerate China's industrial upgrading, according to a senior European Parliament official. Qu Xing (second from left), president of China Institute of International Studie......

Swiss President Doris Leuthard Thursday said the rise in bilateral trade between Switzerland and China is a delightful surprise, as she seeks to expand economic cooperation with China through a free trade agreement.The trade increase was a surprise as it came during the economic crisis last year, Leuthard said.In the first six months of 2010, Swiss......

Prestigious Swedish institutes are cooperating with Chinese mental health specialists to help children suffering post-traumatic stress disorder after a disaster.Birgitta Rubenson, a senior lecturer from the department of public health of Karolinska Institutet, led a team of experts from Linkoping University, Stockholm University and Save the Childr......

As Chinese enterprises seek to build their global profile, Germany offers a target for those seeking a toehold in Europe, despite a troubled outlook for the debt-burdened region."Chinese investors have broad prospects in the German market, although they are still at a fledging stage and (the Ministry of Commerce) encourages competitive companies to......

MILAN, Italy - The Milan Expo 2015 will boost ties between Italy and China, local officials said here on Wednesday.Speaking at the meeting "Italy-China, hosting and attending universal expositions in the 21st century," Giuseppe Sala, CEO of Expo 2015, said so far 70 countries including China have confirmed their participation."The time has come to ......

Move can cut costs for buyers and protect suppliers from fluctuationsLONDON - A growing number of British retailers are paying their Chinese suppliers in yuan."Businesses have been talking about the possibility of paying in local currency since the yuan's peg was relaxed in June 2010," Sam Ford, head of Risk Solutions at Barclays Capital, told Chin......