Hong Kong Exchange pledges to defend investors in mainland

Hong Kong Exchanges & Clearing Ltd. said it will help international investors defend their ownership rights should problems arise amid concerns about Chinese legal protections for shareholders. The bourse amended its

Economy | Gloomy China, Japan data add to pressure for stimulus

China and Japan reported gloomy industrial data yesterday, adding to pressure on leaders of the world’s second- and third-largest economies to launch new stimulus. Two surveys showed Chinese manufacturing was weak

Minnesota professor accused of smuggling ivory to China

A China-born university philosophy professor was arrested yesterday (Macau Time) on charges of conspiring to smuggle rhinoceros horns and elephant ivory out of the United States and into China. Yiwei Zheng,

USA | Hearing about Chinese drywall damage scheduled for April 28

With a hearing scheduled to decide how much money thousands of people are owed for Chinese drywall damage to their homes, the manufacturer has made payments required to participate, including

Anti-censorship group: Gov’t behind cyberattacks on US sites

Chinese authorities have taken over computers both inside and outside the country to launch cyberattacks against the website of an anti-online censorship group and a U.S.-based web resource that hosts

China evacuates 571 from Yemen, suspends anti-piracy patrols

China said yesterday that it had evacuated more than 500 of its citizens from Yemen amid the growing violence in the Middle Eastern country. The Foreign Ministry said in a statement

Taiwan to join Beijing-led regional bank, Japan says not now

Japan is not planning to join the China-led Asian Infrastructure Investment Bank, its government spokesman said yesterday, while Taiwan announced it would apply for membership, joining dozens of countries in

US admiral says China ‘creating a great wall of sand’ in sea

China is “creating a great wall of sand” through land reclamation in the South China Sea, causing serious concerns about its territorial intentions, the commander of the U.S. Pacific Fleet

Zhou says PBOC has room to act on growth slowdown

China’s central bank chief said that the nation’s growth rate has tumbled “a bit” too much and that policy makers have scope to respond, underscoring forecasts for further monetary easing

US reiterates rejection of China led bank as more nations join

  The U.S. stood firm on rejecting membership in a new China-led infrastructure bank, citing concerns it will fall short of international standards even as the rest of the world’s biggest

Payment requirement for some second homes lowered

The People’s Bank of China cut the minimum down payment to 40 percent from 60 percent for some people buying a second home before paying off an existing mortgage. The

Guangdong makes new bid for PanAust as copper prices falter

Guangdong Rising Assets Management Co., a state-owned Chinese investor, made a new offer for PanAust Ltd. valuing the copper producer at about A$1.1 billion (USD773 million). The target’s shares jumped

Boao Forum | Zhou warns on growth slowdown, says PBOC has room to act

  China’s central bank chief said that the nation’s growth rate has tumbled “a bit” too much and that policy makers have scope to respond, underscoring forecasts for further monetary easing

Winter Olympics inspectors positive after Beijing visit 

IOC inspectors left Beijing yesterday after offering praise for the Chinese capital's bid for the 2022 Winter Olympics that, if successful, would make it the first city to hold both

Boao Forum | Chinese president promotes regional vision

Chinese President Xi Jinping argued for strong China-led efforts to promote Asian economic and political cooperation while opening a major regional economic conference. Xi delivered the keynote address at the Boao

Australia signs up to negotiations on Chinese-led bank

  Australia announced yesterday that it would join negotiations to establish a new a Chinese-led Asian regional bank that has emerged as a potential challenge to United States influence in a

Brazil joining Beijing-backed infrastructure investment bank

Brazil says it has accepted China's invitation to join a Beijing-backed international infrastructure bank. A short statement emailed by the presidential office over the weekend says the Brazilian government "accepted China's invitation to participate in

Xi moves to boost sway in Sri Lanka to counter India shift

Chinese President Xi Jinping moved to boost China’s influence over Sri Lanka to counter the island nation’s shift toward India under President Maithripala Sirisena. Xi signed four agreements with Sirisena on

Beijing to invite foreign militaries to take part in parade

In an unusual step, China’s insular military will invite foreign armed forces to take part in a lavish military parade in Beijing this fall marking the 70th anniversary of victory

‘Dancing grannies’ irk neighbors, face new rules

Along with two dozen of her fellow “dancing grannies,” 60-year-old Zhang Jinsu twirls and steps her way every night across a central Beijing plaza, sometimes gliding over the pavement like

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