Flooding leaves many vehicles submerged in water in a residential community in Beijing on July 21. (The Epoch Times Photo Archive) Some of the worst flooding to hit Beijing in decades left at least 37 people dead and forced more than 30,000 residents to flee, state-run media reported, citing local authorities on Sunday. The...
BEIJING (Reuters) – China’s powerful Central Military Commission has approved the formal establishment of a military garrison for the disputed South China Sea, state media said on Sunday, in a move which could further boost tensions in already fractious region. China has a substantial military presence in the South China Sea and the move...
GUANGZHOU (Xinhua) — The Qiongzhou Strait between Leizhou Peninsula of Guangdong province and Hainan Island was closed for traffic from 6 p.m. Sunday as strong tropical storm Vicente nears. Vicente developed into a strong tropical storm at 5 p.m. at 520 km southeast of Zhanjiang city in Guangdong, with the maximum wind speed at...
By Zhang Yuzhe BEIJING (Caixin Online) — China Development Bank (CDB) and its investment subsidiary plan to help Chinese companies listed overseas go private and relist on domestic or Hong Kong bourses. The policy bank’s Hong Kong branch has already provided a $1 billion loan to help Chinese public companies leave the U.S. stock...
By Koh Gui Qing BEIJING (Reuters) – Workers living through the slowest run of global economic growth in more than three years are in fear for their jobs everywhere except in the very place investors are most concerned about – China. Despite six straight quarters of slowing growth, there are more job vacancies in...
BEIJING—China’s once-a-decade political transition coming this fall seems devoid of drama on the surface: It’s clear who will take over, and the fight for other top spots is invisible to the public. But beneath the veneer of calm, the Communist Party is struggling to contain troubling events and mask divisions. The world’s second-largest economy...
