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Ireland, EU agree on financial rescue package

2010-11-22 07:10

Irish Prime Minister Brian Cowen on Sunday night confirmed the European Union (EU) has agreed to the Irish government's request for a financial aid package from the EU and the International Monetary Fund (IMF).

$1.8b silicone production facility launched

2010-11-19 13:31

China's largest silicone production base became operational in Zhangjiagang on Thursday to serve fast-growing demand for the material in the country and throughout Asia.

E-commerce war on the cards

2010-11-19 11:21

Internet search giant Google Inc has recruited its highest annual number of engineers in China this year, after the recent departures of many top engineers and executives.

US companies still want to do business in China

2010-11-19 10:21

Many US companies said in a survey that they are committed to doing business in China, despite a federal commission report that criticizes China for its "highly discriminatory" economic practices.

Govt vows to improve local tax system

2010-11-19 09:26

China will give provincial-level governments the power to adjust local tax categories, rates, and cuts in the next five years to ensure their fiscal revenues accord with administrative responsibilities, said Finance Minister Xie Xuren.

Taps turned back on after pipe bursts

2010-11-19 06:57

The water supply for 800,000 residents in Zhengzhou, capital of Central China's Henan province, partly resumed on Thursday, one day after a burst pipe created a shortage.