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China moves ahead in global innovation rankings

The first-ever middle-income country to join the world's top 25 innovative economies in 2016, China this year continues moving ahead on the list by three notches, displaying a strong performance in several indicators, according to the latest Global Innovation Index (GII) released on Thursday.

US rate hike has little effect on China

An interest rate hike this week by the US Federal Reserve will have little impact on China since the nation has adopted measures such as capital flow management that will minimize the effects, a former central bank policy adviser said on Thursday.

China tops world in soccer investments

Chinese investors have spent 2.15 billion euros ($2.4 billion) on soccer clubs, making them the world's biggest buyer of teams.

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Prachanda's 'manipulative' foreign policies

Former Nepalese Prime Minister Pushpa Kamal Dahal Prachanda made a notable effort in improving his country's relationship with China, despite several setbacks.


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