3 goats went airborne in China as part of an elaborate stunt with a giant kite
Three small goats take flight in China when they're placed in a basket attached to a giant kite. The kite weighs near 1,110 pounds and is said to be one of the largest kites in the world. Produced by...
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Yum's China sales plunge wasn't as horrible as expected
(Reuters) - Yum Brands Inc, owner of KFC and Pizza Hut chains, on Tuesday said business in its biggest market China is recovering from a meat scare at one of its minor suppliers and the division would...
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China's Xi Jinping calls this $46 billion China-Pakistan corridor project a...
Islamabad (AFP) - Chinese President Xi Jinping Tuesday hailed a $46 billion economic corridor as a "historic development opportunity" for Pakistan, but security fears linger over the project which...
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The US and Japan are about to get even closer as the South China Sea heats up
TOKYO (Reuters) - Prime Minister Shinzo Abe's plans to expand Japan's non-combat role in armed conflicts beyond "areas around Japan" could see Tokyo becoming dragged into action in the South China Sea...
View ArticleHere’s the newest phone from Xiaomi — the company that’s outselling Apple and...
In the last five years, a startup called Xiaomi has stormed the tech scene and taken over as the top smartphone maker in China. The company is also sitting just behind Apple and Samsung in worldwide...
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A look at China's $46 billion plan to rebuild the silk road and transform...
Long before the words "Silk Road" became synonymous with buying illicit drugs on the dark web, it was the name given to a network of lucrative trade routes that connected China to the Middle East and...
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China's auto market is going to be huge – for Detroit (GM, F)
If you think things are great for automakers in the US market, you'd be right. Analysts expect 17 million new cars and trucks to be sold here in 2015.But as good as that sounds, China sounds even...
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Men in China are paying female escorts to sit with them while they play video...
In China, video games are an activity often relegated to internet cafes.Players pay by the hour, and some spend many hours at a time focused on a PC – sitting in a room with dozens of other people, yet...
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China's silent promise to investors has been broken
Bond fund manager Bill Gross once called Chinese companies "mystery meat", and many other investing skeptics have been warning about the opaque nature of their accounting for years.Still risk-hungry...
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Visa, MasterCard, and American Express are now welcome in China (V, MA)
Shares of MasterCard and Visa are rallying after the Chinese government indicated that it will open up the bank-card clearing market in June.Right now, China UnionPay has a virtual monopoly in the...
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Chinese scientists just admitted to tweaking the genes of human embryos for...
A group of Chinese scientists just reported that they modified the genome of human embryos, something that has never been done in the history of the world, according to a report in Nature News. A...
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Factory activity in China just hit a 1-year low
SHANGHAI (Reuters) - China's factory activity contracted at its fastest pace in a year in April, a private survey showed, suggesting that economic conditions are still deteriorating despite...
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China PMI's big miss is a new 12-month low
If China’s HSBC-Markit manufacturing PMI gauge for March was disappointing, then April can only be described as concerning.The Flash HSBC-Markit PMI survey, a preliminary report on manufacturing...
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40 of China's 100 most-wanted fugitives live in the US
Beijing’s anti-graft watchdog on Wednesday released a detailed list of 100 fugitives it wants to extradite back to China as part of its “Sky Net” anti-graft operation.The fugitives are subject to...
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The Pentagon is going on the offensive with its new cyber strategy
REDWOOD CITY, California (Reuters) - U.S. Defense Secretary Ash Carter is due to unveil an updated cyber strategy on Thursday that will stress the military's ability to retaliate with cyber weapons, a...
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China and the Asian tigers are going to hit a massive economic roadblock next...
The Asian tiger economies that boomed during the second half of the 20th century are about to hit a major constraint on their growth.They're going to see something that's more common in southern...
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Malaysia is staying out of the South China Sea dispute
KUALA LUMPUR/MANILA (Reuters) - Malaysia is steering clear of criticizing China's actions in the South China Sea at a meeting of Southeast Asian leaders next week, a draft end-statement seen by Reuters...
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So far, this is the most troubling thing a company has said during earnings...
"Lower sales in China, primarily for constructionequipment."Buried at the bottom of its earnings release on Thursday morning, the global industrial equipment manufacturer Caterpillar hid this warning...
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China’s crackdown on civil society is pathetic
In the spring of 2013, the Chinese Communist Party began circulating a document to party officials that carried a stern tone. The document warned of "seven perils" facing the party and urged a...
View ArticleChina is making a bet against history, and it's losing
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