China’s ruling Communist Party reasserts itself under Xi

BEIJING (AP) — Officials from the Communist Youth League of China felt they had to act: Busy with their education and careers, young Chinese were struggling in the romance department,

Philanthropist commits USD1.5 billion to conservation

On Saturday, He Qiaonv announced in Monaco the first step in a USD1.5 billion plan that may represent the largest-ever personal philanthropic commitment to wildlife conservation.

BMW looks to bring Mini production to China for the 1st time

BMW AG is in early talks with China’s biggest maker of sport utility vehicles about the possible production of Mini cars in the country, potentially marking the

Hong Kong | Twenty activists guilty of contempt in 2014 protests

A Hong Kong court on Friday convicted 20 activists, including prominent student leader Joshua Wong, for defying authorities trying to clear a protest site during massive 2014

Trade growth accelerates in September

China’s trade growth accelerated in September in a sign of resilient global and domestic consumer demand. Exports rose 8.1 percent to USD198.3 billion, up from

‘Enigma Network’ crash spurs HK’s largest financial raid

The largest ever raid by Hong Kong’s securities regulator was linked to the multi-billion dollar plunge in nearly three dozen small-cap stocks in June, according to

HSBC appoints new CEO to replace retiring Stuart Gulliver

London-based bank HSBC says John Flint will be its new chief executive, replacing the retiring Stuart Gulliver. The bank said in statement yesterday that Flint, who currently heads up

Property tycoon tops China’s rich list, Wanda boss slides

Property tycoon Xu Jiayin has vaulted to the top of a Chinese rich list after his wealth quadrupled, knocking Wang Jianlin off his longtime position at

Hong Kong – Policy Address | Lam says residents must reject threats to China’s sovereignty

Hong Kong’s leader said yesterday that residents are obliged to reject threats to China’s sovereignty, in what appeared to be a veiled warning aimed at rising separatist

South China Sea | Beijing protests US Navy sailing near disputed islands

China yesterday protested the sailing of a U.S. Navy ship near its territorial claims in the South China Sea, saying it would continue to take measures

Report: China catching up to US in foreign aid flow

China is close to matching the United States as a source of official grants and loans to developing countries, but much of Beijing’s financing serves

Art | NYC to get huge immigration-themed exhibit by Ai Weiwei

An enormous exhibition by the activist artist Ai Weiwei, designed to draw attention to the world’s refugee crisis, is going on view at some 300 sites around

Central bank boss calls for reform amid congress countdown

People’s Bank of China Governor Zhou Xiaochuan made a fresh call to open up the nation’s financial sector, and warned that reform will become more difficult if

Taiwan | Tsai vows to protect regional stability amid China tension

Taiwan’s independence-leaning government will defend the self-governing island’s freedoms and democratic system amid heightened tensions with rival China, President Tsai Ing- wen said yesterday. In

United Nations | Four ships banned from all ports for violating N. Korea sanctions

The U.N. Security Council has banned all nations from allowing four ships that transported prohibited goods to and from North Korea to enter any port in their

Party congress opens door for other Asia dollar bond sellers

China’s Communist Party congress this month is expected to slow dollar bond issuance from the nation’s borrowers in the fourth quarter, which may be good news

Big pharma gets boost as Beijing speeds up new drug approvals

For decades, Chinese patients have struggled to gain access to cutting-edge medicines thanks to bureaucratic delays that have hamstrung drug development. Now a sweeping government overhaul of drug

Philippines apologizes to China over wrong Taiwan logo

The Philippine defense department has apologized to China for the “grievous but purely unintentional mistake” of using Taiwan’s defense ministry logo during a ceremony where the

United Nations | Chinese Qian Tang among top candidates to lead UNESCO

Voting by UNESCO’s 58-member executive board starts today (Macau time) and continues through the week until a candidate wins a majority. The choice then goes to the

Hong Kong | American cancels flight after loading equipment catches fire

An American Airlines flight from Hong Kong to Los Angeles was canceled yesterday after a piece of loading equipment caught fire while it was preparing to put

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