Shanghai

Honduras opened an embassy in Beijing on Sunday, Chinese state media reported, months after the Central American nation broke off relations with Taiwan to form diplomatic ties with China.

Chinese inflation came in flat again in May, official figures showed on June 9, as the country's economy sputters owing to softening demand and falling exports, leading to calls for a rate cut and a bigger government stimulus.

The consumer price index (CPI) rose 0.2 percent on-year, from 0.1 percent in April, the National Bureau of Statistics (NBS), said.

Elon Musk and China's industry minister discussed ways to develop new energy vehicles yesterday, a day after the Tesla CEO flew into Beijing and declared he wanted to expand his business in the world's second largest economy.

The mercurial billionaire, one of the world's richest men, is on his first trip to China in more than three years.

China's first domestically produced passenger jet, the C919, took off on its maiden commercial flight on Sunday, a milestone event in the nation's decades-long effort to compete with Western rivals in the air.    

China Eastern Airlines flight MU9191 rose into the skies above Shanghai Hongqiao Airport just after 10:30 a.m., footage from state broadcaster CCTV showed.    

Titanium rods and high-tech lathes, which are raw materials that can have civilian, commercial, but also military use, have been seized by customs officers at the port of Piraeus. They were loaded at the port of Shanghai in China and, according to information from a foreign agency that reached the Money Laundering Authority, were destined for Iran.

Beijing fined a Chinese comedy studio around $2 million Wednesday for a joke that compared China's military to stray dogs, a reminder of the ever-narrowing confines of expression under the country's leader, Xi Jinping.

Asian and European markets rose yesterday, tracking a rally on Wall Street fuelled by a strong rebound in U.S. regional banks and forecast-beating jobs data that eased fears over a recession in the world's top economy.    

Greek and Chinese officials and business representatives explored ways of boosting bilateral cooperation in shipping and trade during an investment event held in Piraeus on Tuesday.

The event was organized by Shanghai's Pilot Free Trade Zone Lingang Special Area at the premises of Piraeus Port Authority (OLP), a member of China's Cosco Shipping group.

China's foreign minister stepped up threats Friday against the self-governing island of Taiwan, saying any who go against Beijing's demand to exert control over the island are "playing with fire."

He also pointed to the common origin of the two peoples.
"We are all Chinese," Ma said Tuesday in Nanjing, where he spoke in front of the Sun Yat-sen Mausoleum. "The people on both sides of the Taiwan Strait are Chinese and both are descendants of the Yan and Yellow Emperors", he added.