Countries sign deal seeking closer economic relations BEIJING - China and Poland on Tuesday announced the establishment of their strategic partnership, seeking more frequent high-level exchanges and closer economic and cultural ties. President Hu Jintao and his Polish counterpart Bronislaw Komorowski signed the deal after an hour-long meeting at th......

BEIJING - Polish President Bronislaw Komorowski's upcoming state visit to China is expected to help elevate bilateral relations to the level of a strategic partnership, as the country eyes stronger economic and cultural ties with China, Polish Ambassador Tadeusz Chomicki said on Thursday. Komorowski is scheduled to visit China from Sunday to Thursd......

CARDIFF - Chinese investors have begun to seek projects in the UK infrastructure industry, following London's recent decision to open the sector to more foreign and private investors. "We are looking for short-term projects to invest in almost immediately, and that could mean next year," said Qi Yue of CITIC Construction Co on his way to the first ......

Yuan raised offshore could result in more liquidity in China, report says LONDON - London's hopes of soon becoming a center for the offshore use of the yuan have been impeded by the findings of a Bank for International Settlements (BIS) report on Sunday, experts said. The BIS, which is a bank for various countries' central banks, warned that the of......

After the end of World War II, a new international system arose, characterized politically by the primacy of the large, liberal, democratic countries that had emerged as victors from the war, and financially by the dollar as the reference currency.  This new system developed over the years because of several factors. One was the break-up of th......

DUBLIN - Ireland's Deputy Prime Minister and Minister for Foreign Affairs and Trade Eamon Gilmore has called for closer economic and trade relations with China in the post-crisis era.Gilmore said the developing relationship between the two countries has been already "strong" with Ireland's bilateral trade with China reached 4.2 billion euros ($6.03......

BEIJING - China and Greece on Thursday pledged to further enhance their bilateral ties.The pledge came out of a meeting between Chinese Vice Premier Li Keqiang and Greek Minister of State Haris Pampoukis in Beijing. Pampoukis is on an official visit to China. Li reviewed the cooperation the two countries have conducted to cope with the global finan......

BEIJING- Chinese Vice-premier Li Keqiang met on Tuesday with Spain's Prime Minister Jose Luis Rodriguez Zapatero. The two sides pledged to further enhance bilateral relations.Li said the world's economic recovery is at a critical period and is facing increasing unstable and uncertain elements. All countries should join hands to deal with the challe......

PRAGUE -- Czech car maker Skoda Auto sold 72,600 cars in July, up 6 percent from the same period last year, the company said in Prague on Thursday.July's best-selling car model was Octavia, with 32,800 units was sold, up 7.3 percent from a year ago, Skoda Auto said in a statement. Sales of the Yeti model jumped by 23.8 percent to 6,500 units, while......

Business owners pessimistic as costs increase, debt crisis continues Europe's protracted financial woes are making life a lot tougher for Chinese exporters. Falls of 20 to 30 percent in orders and order values have become common across the small and medium-sized manufacturing sector in the Yangtze River Delta, for instance, as many struggle for sur......