Jack Ma takes on murky China charities in first blockchain foray

Chinese billionaire Jack Ma wants to pry the lid off China’s opaque charities. Ant Financial, the affiliate of Alibaba Group Holding Ltd. he controls, is using the technology behind bitcoin to

Nuclear power ambitions sailing into troubled waters

China’s ambitions to become a pioneer in nuclear energy are sailing into troubled waters. Two state-owned companies plan to develop floating nuclear reactors, a technology engineers have been considering since the 1970s

Pig price seen near record as floods stir disease concern

China’s pig prices may climb to near a record after floods drowned animals and prompted concerns about possible disease outbreaks in the world’s biggest pork producer and consumer, according to

US confirms journalist jailed by China is American citizen

U.S. diplomats have not been granted permission by China to meet with James Wang, a jailed magazine publisher and naturalized American citizen, since his 2014 arrest in southern China, the

China, Russia plan joint military drills in South China Sea

China’s military said yesterday it will hold joint exercises with Russian forces in the South China Sea, following a recent arbitration ruling that rejected Beijing’s claim to almost the entire strategic body of

Beijing asks Vietnam to investigate report of defaced passport

China is asking Vietnam to investigate reports that a border agent at the Ho Chi Minh City airport defaced a Chinese passport after images in media reports show the words “f---

Analysis | Beijing emerges more muscular after ASEAN meetings

Daring to take on China in a territorial dispute in the South China Sea, the Philippines went to an international tribunal for justice, and won big. But it turned out

China’s stock calm shatters as regulatory curb talk spooks traders

China’s stock market calm has been shattered. Shares plunged yesterday, with a gauge of smaller companies sinking 5.5 percent, as people familiar with the matter said the China Banking Regulatory Commission

Billionaire Wang wins Glass Lewis backing for Wanda buyout

Billionaire Wang Jianlin’s USD4.4 billion plan to buy out his Dalian Wanda Commercial Properties Co. unit drew support from influential proxy advisory firm Glass Lewis & Co., increasing the likelihood

Hong Kong journalists sentenced to up to 5 years in prison

A southern Chinese court has sentenced four people, including at least two Hong Kong journalists, to prison on charges of running an illegal business after they reportedly sent copies of

South China Sea crisis | US, Japan, Australia step in for weak SE Asia to chide China

The United States, Japan and Australia have urged China not to construct military outposts and reclaim land in the disputed South China Sea, in a strong show of support for Southeast Asian nations

Survey | Many Hong Kong residents consider moving away

A survey by Hong Kong-based think tank Civic Exchange has indicated that 42 percent of Hong Kong residents are considering moving out of the region, mostly due to political dissatisfaction. From

Former top Chinese general sentenced for taking bribes

A Chinese military court yesterday sentenced a former top general to life in prison for taking bribes, concluding China’s highest-level prosecution of a military figure in decades. Guo Boxiong was also

Obama aide visits Beijing after South China Sea ruling

The tribunal’s July 12 ruling delivered a victory to the Philippines, a U.S. ally, but angered China and appears set to heighten regional tensions. The U.S., whose navy patrols the

China scores diplomatic victory, avoids criticism from ASEAN

China scored an unequivocal diplomatic victory yesterday, preventing Southeast Asia’s main grouping from criticizing it for territorially expanding in the South China Sea, even though some of the bloc’s members are victims

Telecom | Huawei will ramp up R&D as first-half sales quicken

Huawei Technologies Co.’s revenue growth accelerated in the first half as upgraded smartphones and network gear helped China’s largest vendor of telecommunications equipment counter deteriorating global demand. The world’s third-largest smartphone

Bank to turn USD1.6 billion of bad debt into securities

Agricultural Bank of China Ltd. is planning China’s largest sale so far under a trial program for lenders to offload bad loans by packaging them up as asset-backed securities. The lender

Scientists plan first human test with gene editing tool

Chinese scientists are embarking on what appear to be the first human trials with the Crispr gene editing tool, the latest effort by the country’s researchers to master a technology

No ASEAN consensus on South China Sea row for now

Southeast Asia’s main grouping apparently failed to reach a consensus on how to deal with China’s territorial expansion in the South China Sea, intensifying a diplomatic stalemate that officials said they hope

Tiger mauls woman to death in wildlife park

Siberian tigers at a wildlife park in Beijing mauled a woman to death and wounded another when they stepped out of their car in an enclosure, a Chinese state-run newspaper said. A tiger pounced on

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