Foreign companies around Tianjin blast suspend operations

Foreign companies have suspended operations around the Tianjin port as officials scramble to contain the toxic fallout of last week’s deadly chemical explosions, which dealt a blow to northern China’s emerging

Gov’t orders nationwide safety check after Tianjin blasts

Beijing yesterday ordered a nationwide check on workplace safety and to correct all irregularities five days after huge explosions at warehouse in the port city of Tianjin killed 114 people

Air pollution | Hebei said to tell 3,785 companies to cut output for WWII parade

China’s Hebei province has notified 3,785 companies within its jurisdiction to halt or cut production to ensure air quality before a parade in Beijing next month, according to two people

SOUTH CHINA SEA WATCH | Beijing rejects island building freeze

  The dispute over the strategic waterways of the South China Sea has intensified, pitting a rising China against its smaller and militarily weaker neighbors who all lay claim to a string of isles, coral

Beijing plays down US human rights concerns

China is open to talking about human rights at a September leadership summit with the U.S. but the two world powers should not let the issue “dominate” the discussions, a senior

Tianjin blast zone blocked over contamination fear; 112 dead 

Authorities pulled more bodies from a massive blast site in the Chinese port of Tianjin, pushing the death toll to 112 yesterday as teams scrambled to clear dangerous chemical contamination. Hundreds

Hong Kong | FT: Carson Yeung freed from jail

Carson Yeung, the colorful tycoon and part owner of English football club Birmingham City, was freed from a high-security prison in Hong Kong and given the right to appeal his

IMF: China is managing transition to more stable growth

The International Monetary Fund delivered a reassuring economic assessment of China on Friday, at the end of a week that saw the Chinese currency plummet and global stock markets buckle

Gov’t tries to dampen fears of more big devaluations

China tried yesterday to ease fears of more big declines for the yuan as companies from global automakers to Chinese clothing exporters faced a new era of uncertain exchange rates. There is

At least 50 dead as huge warehouse blasts hits Tianjin

Huge explosions in a warehouse district sent up massive fireballs that turned the night sky into day, killing at least 50 people and injuring hundreds in the Chinese port city

South China Sea | Ambassador outlines limits to freedom of navigation

China respects freedom of navigation in the disputed South China Sea but will not allow any foreign government to invoke that right so its military ships and planes can intrude

Landslide traps 60 people in mining town

A midnight landslide at a mining community in central China buried several dormitories and homes, leaving more than 60 people missing, local authorities said yesterday. The provincial government of Shaanxi said

Britain’s Hammond in Beijing for security, climate talks

British Foreign Secretary Philip Hammond said yesterday that an international agreement to limit Iran’s nuclear program could give impetus to efforts aimed at curbing North Korea’s nuclear weapons program. Hammond, who

Yuan falls for 2nd day after surprise devaluation

China’s currency fell further yesterday following a surprise change in its exchange rate mechanism that rattled global markets and threatens to fan trade tensions with the United States and Europe. The central

The Buzz | Hong Kong police arrest 5 Uber drivers, search office

Hong Kong police arrested five Uber drivers and searched the ride-hailing app’s office in the Asian financial center. Police said yesterday that officers posing as customers arrested the five drivers in

Hong Kong | Gucci spars with landlords as mainland demand slumps

Landlords on Hong Kong’s Russell Street a year ago could boast the highest retail rents in the world. Now they are adjusting to a new reality. Burberry Group Plc, Kering SA

Yuan slides after Beijing announces currency devaluation

China devalued its tightly controlled currency yesterday following a slump in trade, allowing the yuan’s biggest one-day decline in a decade. The central bank said the yuan’s fall was due to

RMB depreciation screams buy dollars before Fed’s move

China’s decision to devalue the yuan is good news for dollar bulls. China’s central bank cut the yuan’s daily-fixing rate by a record 1.9 percent yesterday after the International Monetary Fund

Q&A: What yuan weakening means for Beijing, other countries

China devalued its tightly controlled currency yesterday. The central bank said it was trying to make the state-controlled exchange rate more market-oriented. In recent months, the yuan has strengthened along with

Court gives ex-general suspended death sentence for bribery

A military court yesterday gave a former general a suspended death sentence for bribery and other crimes, state media reported, in the case against the highest-ranking military officer to be

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