Rising political turmoil in Hong Kong could hurt economic growth in the freewheeling southern Chinese business hub, the city’s finance chief said as he unveiled measures yesterday to counter the impact
The People’s Bank of China set its reference rate at the lowest level in almost three weeks after figures from the nation’s foreign-exchange regulator released Tuesday afternoon showed banks net
Building and designing a new house of your own may seem like a topsy-turvy experience. For a group of architects in Taiwan, it certainly was. On commission from Taiwan’s Culture Department,
A company that supplies the steel industry has pleaded guilty to smuggling Chinese-made graphite electrodes into the United States. An attorney for Ameri-Source International Inc. entered the plea yesterday before
Two Chinese nationals accused of accepting kickback payments while buying natural rubber for Akron, Ohio-based Goodyear Tire and Rubber Co. have been arrested. The FBI says in a statement issued yesterday that Xin
The top diplomats of the U.S. and China met yesterday in Washington at a fraught time in relations between the two world powers. It’s been seven weeks since North Korea conducted
China’s Foreign Ministry yesterday reasserted Beijing’s right to develop its South China Sea island outposts following a U.S. think tank’s report that China has built new radar facilities in the
Cambodia is holding its biggest-ever joint naval training exercise with China this week, a senior Cambodian officer said yesterday. Deputy navy chief Vice Admiral Vann Bunneang said 70 Cambodian sailors will join 737
A spokesman for a pro-independence Hong Kong group dubbed “radical separatists” by the Chinese government has been arrested in connection with riots during the Lunar New Year holiday that left more than 100
The commander of the U.S. Navy’s 7th Fleet said yesterday that he is wary of the situation in the South China Sea being painted as a battle between the United States and China, but
A Spanish judge has ruled that six executives of China’s state- owned ICBC bank in Madrid should be detained pending a judicial probe into suspected money laundering and tax fraud, a court statement
China’s top securities regulator will step down following months of turmoil in Chinese stock markets that have battered faith in Beijing’s economic management. The departure of Xiao Gang, a legal expert with
China’s ratio of debt to its economic size is seen climbing for at least another four years, underscoring the risks facing policy makers as they strive to prevent a deeper
Chinese President Xi Jinping’s anti-graft drive is fueling demand for risk consulting among investors in the nation’s corporate debt after defaults tied to probes. That’s buoying business for consultancy Kroll. “If
China says its state-owned ICBC bank will cooperate with Spanish authorities investigating it in a money laundering and tax fraud probe that has led to the arrest of five directors. Chinese
Apple Inc. launched its smartphone-based payment system in China where the electronic payments market is already dominated by an arm of e-commerce giant Alibaba. Apple said “Apple Pay” could be used
The Obama administration said that the president would veto legislation to rename the area in front of the Chinese Embassy in Washington after a prominent Chinese political prisoner. State Department
President Barack Obama and the leaders of Southeast Asia called yesterday for peaceful resolution of the region’s maritime disputes as they concluded a summit in California. Obama told a news
More than 100 people gathered in Hanoi yesterday to commemorate the anniversary of the start of Vietnam’s brief but bloody border war with China. Thirty seven years ago, 600,000 Chinese troops
Foreign Minister Wang Yi yesterday sought to downplay reports that China had positioned anti-aircraft missiles on a disputed South China Sea island, accusing the media of hyping the issue and
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