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BEIJING - Zhang Xiwu, former deputy head of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), has been demoted for serious disciplinary violations, the discipline arm of the Communist Party of China (CPC) announced Monday.

BEIJING - The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, increased 35.5 basis points to 1.925 percent Tuesday.

BEIJING - Mainland authorities on Monday mourned victims who died in a passenger train derailment in Taiwan Sunday afternoon and sent condolences to their families and the injured.

BEIJING - Technical solutions and increased political will mean that East Asian countries are likely to win their battle against agriculture pollution, said a World Bank report Friday.

BEIJING -- A Chinese mainland spokesperson on Wednesday expressed condolences over the passing of Chen Ming-chung, former head of the Chinatide Association in Taiwan.