Tag: China

  • Number of Chinese billionaires on the rise

    Publisher of luxury magazines and runner of a research institute — Forbes crowned machinery tycoon Liang Wengen as the nation s richest man. “Even though the stock market is going down, the wealth of the most successful people in China is going up,” Russell Flannery, Forbes senior editor and Shanghai bureau chief, told reporters. He…

  • Yes, iPhone 5 does exist

    LOS ANGELES – Apple-watchers had begun to wonder whether the ‘Let’s Talk iPhone’ event would consist only of new, cheaper models of iPhone 4 – or whether the usual sources who leak titbits about Apple were just slacking off this year. But yesterday a new leak seemed to confirm that a next-generation iPhone does exist. It might,…

  • Pakistan our only all-weather friend: China

    ISLAMABAD: With no signs of an improvement in strained Pakistan-US relations, Islamabad and Beijing on Tuesday warmed to each other with rhetoric loud enough to be heard across the Atlantic. “China categorically supports Pakistan‘s efforts to uphold its sovereignty, independence and territorial integrity,” said visiting Chinese Vice Prime Minister Meng Jianzhu at a meeting with Prime Minister…

  • China supports Pakistan’s sovereignty, says vice PM

    ISLAMABAD: China on Tuesday extended its full support to Pakistan’s sovereignty, independence and territorial integrity and vowed to work with Pakistan for progress and peace in the region and the world. Prime Minister Yusuf Raza Gilani who met the Deputy Premier of China Meng Jianzhu here at the PM House termed China as its close…

  • China Condemns Proposed US-Taiwan Arms Sale

    China strongly condemned the latest U.S. plan to sell arms to Taiwan, and is calling on Washington to revoke what it is calling an erroneous decision. It is still unclear if the decision will lead to substantive rifts with Washington, as such sales have in the past. Foreign Ministry spokesman Hong Lei made clear China’s…

  • Pakistan To Swap Currency With China

    [poll id=”55″] The sources in the Pakistan Ministry of Finance told Dawn that they are considering entering into currency swap agreements with China and Malaysia for containing the declining foreign exchange reserves. According to the sources the foreign investment has declined by 25 per cent. The Ministry has already asked the State Bank to work…