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

Beijing’s influence set to climb as US thwarted on new bank

Seven decades after the end of World War II, the international economic architecture crafted by the U.S. faces its biggest shakeup yet, with China establishing new channels for influence to

Gov’t rejects calls for release of women’s rights activists

China yesterday rejected growing international calls for the release of five women’s rights activists and accused critics of violating the country’s judicial sovereignty by appealing for the women’s freedom. Chinese Foreign Ministry

Lee Kuan Yew’s ancestral residence sparks memories

  A village over 500 kilometers from the southern Chinese city of Guangzhou that nestles in mountains is attracting visitors in search of a glimpse into the life of late Singapore

IOC commissioners begin inspections of Beijing’s 2022 bid 

IOC evaluators began a five-day inspection tour of Beijing’s bid for the 2022 Winter Olympics yesterday, in a key test of the city’s status as a front-­runner in the competition

Report says mainland manufacturing at lowest in nearly a year 

China’s manufacturing fell to the lowest level in nearly a year as new orders shrank, according to a report yesterday that underscored the weakening outlook for the world’s second biggest economy. HSBC’s

Authorities execute 3 over Kunming knife attack that killed 31 

Authorities in southwestern China yesterday executed three men convicted of masterminding a knife attack a year ago that killed 31 people outside a railway station in the city of Kunming. Iskandar Ehet, Turgun

Ai Weiwei, Joan Baez honored by Amnesty International 

Human rights group Amnesty International awarded its top honor yesterday to Chinese dissident artist Ai Weiwei, who has spent years shining light on his country’s restrictive political atmosphere, and to

Christian pastor stands trial over cross removals

Huang Yizi was charged in the city of Pingyang with gathering crowds to disrupt the social order, lawyer Zhang Kai said. If convicted, Huang could face up to seven years

Why Beijing wants the yuan to be the world’s 5th reserve currency

China is a step closer to obtaining Special Drawing Rights status for its currency from the International Monetary Fund, a move that would see the yuan joining the greenback, euro,

Mummified Buddha shown in Hungary stolen from Fujian

The Cultural Relic Bureau in east China’s Fujian Province said on Sunday that judging from research and media reports, experts have confirmed that the statue on show in Hungarian Natural

Singapore’s Lee seen as an inspiration for modern PRC

Chinese leaders admired modern Singapore’s founder Lee Kuan Yew for his toughness, economic pragmatism and insistence on respect for authority. In many ways, Lee’s model of “Asian values,” combining authoritarianism

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