PARIS (AP) — China is blocking orders for at least $12 billion worth of Airbus jets to protest the European Union’s emissions trading fees, in a new challenge to the program aimed at fighting global warming, the planemaker said Thursday. With some analysts warning of a brewing trade war, Airbus spokesman Stefan Schaffrath said...
If inflation is a dragon that must be slain, China’s Premier Wen Jiabao has shown he is willing to sacrifice a part of the country’s most vital asset to do so — growth. Cutting China’s 2012 economic growth targetto 7.5 percent at the start of the annual meeting of parliament last week says clearly...
Chinese police rescued more than 24,000 abducted children and women last year, some of whom had been sold for adoption or forced into prostitution as far away as Angola, officials said Sunday. Trafficking of women and children is a serious problem in China — blamed in part on the strict “one-child” policy, which has...
By Ding Qingfen ‘Seasonal factors’ may have caused an ‘individual case”, say experts BEIJING, Mar. 11 (Xinhuanet) — China posted its largest trade deficit in the past two decades last month, while the nation’s imports surged by 40 percent. Exports grew at half the rate of imports. Economists say the spike in imports and...
Under fire over a scandal that threatens his career, senior Chinese leader Bo Xilai confidently hit back Friday, admitting lapses in judgment while defending the controversial anti-mafia crackdown that made him popular. Bo’s remarks to reporters were his most extensive in the three weeks since the police chief in the inland mega-city he runs,...
By Aaron Back BEIJING (MarketWatch) — China swung to a massive trade deficit in February, due partly to seasonal distortions but also to faltering demand for the country’s exports. The weak export performance comes on top of a raft of disappointing economic data on Friday that economists said will add to the likelihood of...
Raymond Zhou became China’s most famous film critic by happenstance. It was 2001, and his work as the editor in chief of a bilingual high-tech website in Silicon Valley had been halved. With extra time on his hands, and unemployment looming, Zhou started writing Western-style movie reviews and sending them back to his home...
SHANGHAI, March 11 (Xinhua) — Zhao Yinggang, director of China’s winter sports administrative center, said Sunday that there’s no leading figure in China’s short track speedskating national team right now and they are looking for one from the younger generation. “After Olympic champion Yang Yang’s retirement, Wang Meng had become the leader of the...
