China has begun naval exercises in the disputed Yellow Sea amid growing tension with the US and South Korea over their upcoming joint military drills there. The Chinese military launched a “live ammunition drill” on Wednesday in the sea between China and the Korean peninsula, Xinhua news agency reported. According to the report, many of [...]

China’s Ambassador to Iran has called for the expansion of cultural and media cooperation between the two countries in addition to economic and political ties. “In addition to exchanging cultural products, Iran and China can also develop closer cooperation in exchanging technical and technological achievements in the field of media,” Xie Xiaoyan said in a [...]

Iran says it is negotiating a deal with China to launch a railway project which will link the Iranian capital, Tehran, to northwestern provinces in the country. The project is estimated to cost between USD 1.5bn and USD 2bn and is expected to be completed within the next 2.5 years, Fars News Agency quoted Iranian [...]

Iran and China are to finalize a deal in the coming days on the latter’s corporate investment in Iranian petrochemical projects. The National Iranian Petrochemical Company (NIPC) and a Chinese consortium are completing talks on an agreement under which the Chinese side is to funnel some $1 billion into petrochemical projects in Iran, reported the [...]

Fresh floods in China’s northeastern Liaoning province have forced more than 120,000 people to evacuate their homes and thousands to relocate in North Korea. China’s Civil Affairs Ministry said late Saturday that 127,000 people had been evacuated in Liaoning province in just three days due to the rains, AFP said. Heavy summer downpours have dangerously [...]

Chinese officials say the crash of a North Korean military aircraft in northeastern China was due to technical malfunctions that caused the plane to lose direction. The pilot lost direction due to unspecified mechanical failures straying into Chinese territory, China’s official Xinhua news agency reported. North Korea has apologized to china for the incident and [...]

After three decades of impressive growth, China has finally overtaken Japan to become the world’s second largest economy behind the United States. As anticipated, the world will now have to reckon with a new economic superpower as China’s economy has been valued at $1.33 trillion in the second quarter, compared with Japan’s $1.28 trillion, according [...]

Iranian President Mahmoud Ahmadinejad has offered condolences to China over the country’s devastating landslide which has left more than 1,200 people dead. In a message to his Chinese counterpart Hu Jintao, the Iranian chief executive extended his condolences to the government and people of China over the country’s recent floods and the ensuing landslide in [...]

A senior Chinese official has strongly condemned the second round of joint US-South Korea naval exercises. Rear Admiral Yang Yi wrote in a commentary published in Friday edition of China Daily that the drills are a fresh provocation “to China and its surrounding region.” He said Washington will pay a “costly price” for its decision [...]

China is reportedly developing a game-changing new naval missile that can pave the way for ending the US dominance at sea, experts say. The missile, named the Dong Feng 21D, can be launched from land to destroy the most advanced moving aircraft carrier 900 miles away. “The emerging Chinese anti-ship missile capability, and in particular [...]

Amid strong objection from China, the United States and Vietnam are holding talks on a controversial agreement to share fuel and nuclear technology. US State Department spokesman Philip Crowley said under the Nuclear Non-Proliferation Treaty (NPT) Hanoi is entitled to enrich uranium. “The United States and Vietnam are engaged in a so-called… 1-2-3 negotiation that… [...]

China has defended its economic ties with Iran after a senior US official called on Beijing to adopt the UN sanctions against Tehran over its nuclear program. According to Chinese Foreign Ministry spokeswoman Jiang Yu, Beijing’s business relations with Tehran will not harm the interests of other countries. “China’s trade with Iran is a normal [...]

Iranian Oil Minister Massoud Mirkazemi will head for Beijing on Wednesday to discuss with Chinese officials new investments in Iran’s energy sector. Some Chinese companies plan to participate in financing a number of refinery development projects in Iran, said Deputy Oil Minister Ali-Reza Zeighami, who arrived in China on Friday. He added that Iran gas [...]

China has launched its fifth satellite from the Xi Chang Center in the southern Sichuan Province as part of its GPS satellite navigation system. BeiDou-2 IGSO-1 was placed into orbit via the CZ-3A Chang Zheng-3A (CZ3A-17/Y16) launch vehicle on Sunday at 5:30 a.m. local time. China launched its satellite system project in 2000 using the [...]

China has overtaken Japan to become the world’s second-largest economy after three decades of rapid growth, a top Chinese official has announced. “China, in fact, is now already the world’s second-largest economy,” China’s chief currency regulator Yi Gang said in an interview with the latest issue of the China Reform magazine, which was published on [...]

Chinese companies have invested around $40 billion in different upstream and downstream projects in Iran’s oil and gas sector, an Iranian oil official says. “Chinese companies have invested about $29 billion in Iran’s upstream oil and gas sector and another $10 billion in the country’s downstream energy sector, including gas, petrochemical and refinery construction projects,” [...]

China has voiced its disapproval of the new unilateral sanctions imposed by the EU against Iran over its nuclear program, urging a negotiated solution through diplomacy. “China does not approve of the European Union’s unilateral sanctions on Iran,” Chinese Foreign Ministry spokeswoman Jiang Yu said in a Friday statement posted on the ministry’s website, Reuters [...]

Washington is worried that Iran continues to attract investment from China despite a new round of UN Security Council sanctions imposed on Tehran, a US official says. Chinese companies were “aggressive” in investing in Iran’s oil and gas fields, Joseph Christoff, head of the Government Accountability Office’s international affairs and trade department, told the House [...]

China’s Foreign Minister Yang Jiechi has called for further diplomatic effort to help resolve the standoff over Iran’s nuclear program. Speaking along with his Austrian counterpart Michael Spindelegger in Vienna on Sunday, China’s top diplomat insisted that the P5+1 group, namely the US, Britain, China, France, Russia and Germany, should intensify diplomatic talks on Iran’s [...]

A ceremony was held in Beijing on Friday to celebrate the 25th anniversary of diplomatic relations between China and Bolivia. About 120 guests from China and Bolivia attended a reception hosted by the Chinese People’s Association for Friendship with Foreign Countries (CPAFFC) in the Chinese capital to mark the event, Xinhua reported. At the reception, [...]