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Mid-autumn Day (Chinese:中秋节), or Mid-autumn Festival, falls on the fifteenth day of the lunar August, the middle of the autumn, usually happens between the early September to early October in western calendar. Mid-autumn Day is a big traditional festival just second to Spring Festival and is celebrated world wide among Chinese. It is also a reunion festival related to the moon and the beautiful legend of Chang E (Chinese:嫦娥), a beauty lives in the moon.
The legend of Chang E can be…Continue
China has allowed the value of its currency to drop for a second consecutive day, repeating a surprise move Tuesday that rattled global markets and could raise tensions with its trade competitors.
The Chinese yuan's value fell 1.6 percent Wednesday after falling nearly 2 percent a day earlier, which was its biggest single-day drop in a decade.
China's central bank, which strictly controls the currency, described the move as temporary and meant to make the value of the yuan more…Continue