A Visit To A Controversial War Shrine Has China And South Korea Furious At Japan
TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe visited a shrine on Thursday that is seen by critics as a symbol of Tokyo's wartime aggression, infuriating China and South Korea and prompting a...
View ArticleChina Is Pretty Sure That Its Economy Grew 7.6% This Year
SHANGHAI (Reuters) - China's economic growth is likely to come in at 7.6 percent this year, according to a cabinet report cited by the official Xinhua news agency, just above the government's target of...
View ArticleDEBT: The US Vs. China
Heightened volatility in China's short-term interest rates has some people worried that the world's second largest economy is doomed for a credit crisis.For a discussion on this, check out our Q&A...
View ArticleCredit In China Has Grown From $9 Trillion To $24 Trillion Since 2008
One-week borrowing costs tumble as China calms nerves but fears grow that small scale tweaks will not contain credit crunchShort-term rates plummeted in China after the central bank injected fresh...
View Article36 Crazy Things That Only Happen In China
Over the past decade China saw rapid economic expansion. But its growth model and controversial politics have not come without their fair share of problems.Rising property prices, rising food prices,...
View ArticleThe Ex-Chief Economist Of China's Official Stats Bureau Says The Country's...
China's banking system is not without its problems.The largest state-owned banks are known to favor state-owned enterprises when lending money. Meanwhile, households earn very low interest on their...
View ArticleAmazing China-Hong Kong Smuggling Tunnel May Have Cost $500,000 To Build
Smugglers from China's Guangdong province and Hong Kong have been getting inventive recently.Just this week a nearly-complete tunnel was discovered that began in a parking lot in Shenzhen, Guangdong...
View ArticleMao's Birthday Celebrations Were Weak This Year, And Chinese Leftists Are Angry
BEIJING (Reuters) - China celebrated the 120th birthday of Mao Zedong, the founder of modern China, on Thursday, but with scaled-back festivities as President Xi Jinping embarks on broad economic...
View ArticleYou Can't Go Anywhere In China Without Seeing Images Of Mao
China celebrated the 120th birthday of Mao Zedong today.Many have drawn parallels between president Xi Jinping and Mao, especially now that Xi has taken to hardening Party indoctrination.Mao has become...
View ArticleChinese State-Run Media Urges Retaliation Over Shinzo Abe's Visit To...
China must take "excessive" counter-measures after Japanese Prime Minister Shinzo Abe's controversial war shrine visit, state-run media urged on Friday, reflecting the smouldering resentment among...
View ArticleGM To Recall 1.5 Million Cars In China
SHANGHAI (Reuters) - General Motors Co <GM.N> and its China joint venture partner will recall close to 1.5 million vehicles due to potential safety issues in one of the biggest recalls in the...
View ArticleChina Is About To Open Its Skies To Private Aircraft
BEIJING (Reuters) - Ferraris and Rolls-Royces have become common sights in China's cities as a new class of super-rich indulge a growing appetite for luxury, but tight regulation has meant the private...
View ArticleInside Huaxi, The Mysterious 'Richest Village In China'
The man who founded Huaxi, known as "the richest village in China," passed away this year in March.But the sleepy farming community he helped turn into a Communist utopia still claims to be as strong...
View ArticleIcebreaker Ship Trying To Rescue A Russian Ship Trapped In Antarctica Now...
A Chinese icebreaker ship trying to reach a stranded Russian vessel carrying 74 people off Antarctica has gotten itself stuck in ice roughly six nautical miles short, CNN reports.The crew of the Xue...
View ArticleChina Drops 'Re-Education' Camps, Loosens One-Child Policy
China's top legislative committee on Saturday formally abolished the country's "re-education through labour" camps and approved a loosening of its one-child policy, state media reported.The decisions...
View ArticleIT'S OFFICIAL: China Abolishes Controversial Labor Camps And Eases One-Child...
SHANGHAI (Reuters) - China formally approved on Saturday easing its decades-long one-child policy and the abolition of a controversial labor camp system, the official Xinhua news agency reported.Both...
View ArticleChinese Doctor Faces Death Penalty For Stealing Babies
Zhang Shuxia pleads guilty to stealing seven babies from patients and selling them to traffickers, though locals say only a fraction of her crimes have been investigatedA Chinese obstetrician faces the...
View ArticleChinese Recycling Tycoon Says He Wants To Buy The New York Times
BEIJING (Reuters) - An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times Co..Chen Guangbiao, a well-known philanthropist, is something...
View ArticleIt's A Mistake To Say Chinese Personal Consumption Is Weak
If I asked you to name the biggest online shopping day of the year, what would you guess? Black Friday? Cyber Monday? Free Shipping Day in mid-December?Guess again.Even though Cyber Monday sales were...
View ArticleSTEPHEN ROACH: China's Kitchen Sink, Mishmash Approach To Policymaking Continues
China announced a string of reforms after its third plenum in November. This was followed soon after by the Central Economic Work Conference (CEWC) in December, an annual meeting that lays out the...
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