BRUSSELS - Increasing cooperation between China, Russia and Central Asia is forming a global economic pole and will benefit countries throughout Europe and Asia, said European observers. They made the comments during Chinese President Hu Jintao's tour of Kazakhstan, Russia and Ukraine, which they said would substantially enhance the three nations' ......

SINGAPORE - China will not comply with EU demands asking Chinese airlines to follow Europe's lead in cutting greenhouse gas emissions by joining a carbon trading system, and will take legal action at a future date against the plan, a senior official with China's top aviation industry body said on Monday.Chai Haibo, deputy secretary-general of the C......

BEIJING -- China's central bank governor Zhou Xiaochuan said Friday that China is confident of the economy of the euro zone and will support the countries grappling to overcome their fiscal difficulties. "China is very confident of the euro zone," Zhou told reporters in Beijing. "Although some countries in euro zone have difficulties, we will stron......

ONDON - The Chinese embassy in the United Kingdom has refuted a claim by the British inventor Sir James Dyson that some Chinese students in the country are engaged in espionage. "The claim, which is shocking and entirely unfounded and illogical, seriously misleads the public," the embassy said in a letter published in the latest edition of The Sund......

Wu Hailong is one of many Athens-based Chinese businessmen losing confidence in Greece."We are waiting, waiting and waiting for a change for the better in this country," said the 47-year-old. "But we are challenged by the political impasse, the worsening business climate and social disorder."As one of the most successful Chinese businessmen in Athe......

A festival of Greek products and tastes will be organized in Beijing from October to November, said Mr. Aris Argiriou, head of a Greek distribution company Kondor SA Beijing, Tuesday in Beijing. The festival aims at introducing to the Chinese market some of the best quality Greek products and sharing with the Chinese people the secre......

For the last year, China has expanded domestic demand and worked to attract foreign investment, contributing to the global recovery. However, concerns have recently been floated, not least among foreign businesses, that China is now less welcoming of foreign investment. In fact, China will open wider in the future. China has kept its market open th......

Business Secretary Vince Cable announced Wednesday that the government will allow the export of British civil nuclear technology and expertise to India for the first time, local media reported.The move has traditionally been opposed by the Foreign Office and the Ministry of Defense because India is not a signatory of the Nuclear Non-Proliferation T......

Joint summit expected in 2013Brussels will attach great importance to Beijing's upcoming leadership transition while pledging to further strengthen the bilateral strategic partnership, European leaders say.This message was delivered by European Council President Herman van Rompuy and European Commission President Jose Manuel Barroso on Friday."In t......

European companies reap dividends as demand for high-end cars increases in China Automobile sales in China grew at their fastest pace in five months in August, with European carmakers making considerable headway in a robust market that posted growth of more than 10 percent. Last month, more than 1.22 million passenger cars were sold in China, inclu......