Central Bank to cut bank reserve requirement

China has cut the amount of cash the country’s lenders must set aside as reserves in the second such move in three months, stepping up stimulus after Premier Li Keqiang

Veteran journalist Gao Yu sentenced to 7 years

A Beijing court sentenced a veteran Chinese journalist to seven years in prison Friday on charges of leaking a document detailing the Communist Party leadership’s resolve to aggressively target civil

Report says Beijing building airstrip on reclaimed island 

China is building an airstrip on an artificially created island in a disputed section of the South China Sea, according to independent analysts, a move the U.S. has warned could raise tensions

Xinhua insight | Psychology behind the mainland’s ‘Furious 7’ frenzy

The staggering performance of “Furious 7” in China has left many industry insiders baffled. The movie, starring Vin Diesel and the late Paul Walker, broke almost every record possible - the

South China Sea | US: Growing PRC, Russia military activity in Asia-Pacific

The commander of U.S. forces in the Pacific said Wednesday (yesterday, Macau time) that major land reclamation by China at outposts in the South China Sea could allow it to exert more influence over

Tokyo bumps Beijing as top holder of US Treasury debt

Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Japan last held in August 2008. In its monthly report on bond holdings, the Treasury Department said

Gov’t starts campaign to counter outflow of corruption cash

The People’s Bank of China, the central bank, will join with four ministries including the State Administration of Foreign Exchange, to crack down on underground banks, offshore company accounts and

Tibet | Beijing accuses Dalai Lama of inciting self-immolations

China accused the Dalai Lama yesterday of inciting a wave of self-immolations among Tibetans that are widely seen as desperate protests against Chinese rule in the Himalayan region. Similar accusations have been

Pollution | Sichuan residents demand to know source of foul smell

Hundreds of Chinese gathered in the streets of a town in the southwestern province of Sichuan on Tuesday night, demanding to know what caused a bad smell in the air

Ninebot buys US personal scooter maker Segway 

Segway, the iconic but struggling U.S. maker of self-balancing personal electric scooters, has been bought by a Chinese rival. Beijing-based Ninebot Inc., which makes a range of short-distance motorized transport devices,

Mainland slowdown deepens, stepping up pressure on Beijing 

China’s economic growth slumped to a six-year low as manufacturing and retail sales cooled in the first quarter, stepping up pressure for Beijing to keep its overhaul of the world’s second-largest

Taiwan | Taipei not among 57 charter members of Asian Bank

China yesterday announced the 57 intended charter members of the proposed Chinese-led Asian Infrastructure Investment Bank, with longtime rival Taiwan left off the list despite expressing a desire to join. Taiwan’s exclusion

FT: Hong Kong market rally starts to reshape global league table

China Construction Bank has overtaken JPMorgan, Facebook and Chevron in terms of size, a sign of how a dramatic stock market rally in Hong Kong “is reshaping the league table

Beijing hopes European film buff will raise festival profile

Marco Mueller’s latest of more than 100 trips to China is as general adviser to the fifth Beijing International Film Festival that opens Thursday. The Swiss-Italian’s hiring is part of

Official says PRC may raise damages caps for IP violations

The comments by Lyu Guoqiang, commissioner of Shanghai’s Intellectual Property Office, echo an action plan issued in December by the State Council, China’s top administrative authority, which called for “increasing

Authorities free 5 women’s rights activists after month detention

Chinese authorities have released five women’s rights campaigners whose detentions for more than a month sparked an international outcry and underscored the government’s tight restrictions on independent social activism. The women

Amid tensions, Li meets Japan delegation

Chinese Premier Li Keqiang met yesterday with a Japanese delegation led by ex-Chief Cabinet Secretary Yohei Kono, amid halting efforts to reduce lingering tensions between the countries before this year’s

Ex-state oil boss admits graft, power abuse

A top official who led China’s biggest petroleum company and later was assigned to oversee state-owned companies admitted in court yesterday that he was guilty of corruption and abuse of power, the

Mainland soccer on upswing with new talent and big investment

For Chinese Super League club Shanghai Shenhua, the new season has brought new optimism. After several years of turmoil that saw the team stripped of its 2003 CSL title in a

Beijing says Taiwan won’t be among charter members of new bank

Cross-strait friction remerged yesterday as China said Taiwan won’t be among the charter members of the Chinese-led Asian Infrastructure Investment Bank, apparently because of a dispute over what name the island should

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