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
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
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
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
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
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
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
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
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
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
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
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
In China, even aspiring singers and would-be comedians bow to constant and automatic online surveillance. The country’s largest “social video” websites - where viewers debate and reward their favorite karaoke ditties
Authorities ordered a state broadcaster to punish a popular TV celebrity for insulting Communist Party founder Mao Zedong at a private dinner, state media reported. Bi Fujian was a talent show
Alibaba said yesterday that it will invest 28.3 billion yuan (USD4.63 billion) to become the largest shareholder in the company. Alibaba said the companies will collaborate on e-commerce, logistics and
Typhoon Soudelor has left seventeen people dead with five still missing, the State Flood Control and Drought Relief Headquarters said yesterday. More than three million people and 110,000 hectares of
With the Chinese economy slowing and the stock market bubble bursting, a Financial Times article is highlighting research by a group of prominent economists that says a return to Maoist
Chinese policymakers face mounting pressure to support economic growth after an unexpectedly large drop in exports last month and the steepest decline in producer prices in almost six years. China’s producer-price
A typhoon that lashed Taiwan dumped heavy rain and winds on the Chinese mainland yesterday, leaving a total of 22 people dead or missing, collapsing homes and trees and cutting
A Chinese lawyer who spoke up on behalf of rights lawyers persecuted by authorities was himself taken away by police in handcuffs, his wife said Friday. Police came just before midnight
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