Xi Jinping orders China’s financial watchdogs to watch out for risks
In an unusual move, President Xi Jinping on Wednesday summoned the country’s finance industry watchdogs and ordered them to take stock of financial risks and uphold regulatory vigilance, reflecting his deep concern about dangers facing China’s economy.
“We must not neglect a single risk factor or ... hidden danger,” Xi was quoted as saying by Xinhua. “Safeguarding financial security is a strategic and fundamental matter for China’s social and economic...
Chinese cities weigh street dust in cleanliness drive
The cleanliness of streets in a Chinese city is now being weighed – literally – by how much dust there is.
Street cleaners in Xian, the capital of Shaanxi province, have been told to keep the level of dust on the road below certain quotas, or face fines and possible termination, the China News Service reported.
The government’s cleaning standards – rolled out in a trial scheme in early February – dictate that dust on the street not exceed 5 grams, 10 grams, 15...
Chinese restaurant staff jailed for cooking with ‘gutter oil’
Owners and staff members at three restaurants in eastern China have been jailed for using waste cooking oil to make hotpot, according to a news website.
More than 10 people working at the eateries in Wenzhou in Zhejiang province were given sentences ranging from eight months to just over 2½ years, 66wz.com reported.
The restaurant owners were given the stiffest jail terms, according to the article.
Tainted baby milk, rat meat and gutter oil bring challenges and opportunities for China...
Chinese college’s robot chef draws long queues to try its traditional knife-cut noodles
China’s latest celebrity chef is a noodle-making robot.
Decked out in a chef’s hat, white uniform and hygiene mask, the robot chef has been drawing big crowds and long queues at a university canteen in southern Guangdong province, according to Chinese media reports.
The robot at the South China Agricultural University uses a swift slicing technique – reminiscent of the eponymous hero in the ’90s US film Edward Scissorhands – to create knife-shaved noodles, news...
Slow progress on projects … but China, Philippines hope time will heal all wounds
The Philippines Acting Foreign Minister says his country is keen to promote further investment with China, but cautioned that it could take some time to get large infrastructure projects already agreed up and running.
Enrique Manalo’s comments came after the Philippines and China have been attempting to heal ties fractured over the two nations’ rival claims to disputed waters in the South China Sea.
The Philippines President Rodrigo Duterte is due to attend a summit in Beijing next...