Armed police patrol at the Three Gorges Dam, a gigantic hydropower project on the Yangtze River, in Yichang City, central China’s Hubei Province, July 24, 2012. Due to the downpours in the upper reaches of the Yangtze River, China’s longest, the Three Gorges Dam experienced its largest flood peak this year on Tuesday, with...
By Sarah Turner, MarketWatch SYDNEY (MarketWatch) — The International Monetary Fund’s executive board said late Tuesday that the Chinese economy appears to be on track for a soft landing but that global headwinds have increased. The IMF’s report, concluded last week, said the Chinese economy is expected to grow at 8% this year and...
(Financial Times) — China’s manufacturing sector is clawing its way back towards growth in July, according to a survey that suggests government policies to support the economy are starting to work. HSBC said its purchasing mangers’ index for July was on track to rise from 48.2 last month to 49.5, which would mark a...
BEIJING — China’s leaders displayed unity among the top ranks in two days of meetings with ministerial and provincial-level officials ahead of a once-a-decade political transition this fall that has been overshadowed by a scandal. Vice President Xi Jinping, who is on track to take over from President Hu Jintao in the fall’s party...
BEIJING — China’s newest city is a tiny and remote island in the South China Sea, barely large enough to host a single airstrip. There is a post office, bank, supermarket and a hospital, but little else. Fresh water comes by freighter on a 13-hour journey from China’s southernmost province. Welcome to Sansha, China’s...
TONGZHOU, China (Reuters) – China showed off an elite helicopter unit to foreign media on Tuesday in its latest bid to address concerns about its growing military might amid increasingly aggressive moves to assert its sovereignty over the South China Sea. China organizes annual tours of military bases to try to assuage those concerns...
HONG KONG (Reuters) – A Hong Kong-based labour rights group slammed London Olympics organisers on Tuesday for failing to prevent “rampant” abuses at two China suppliers of Games merchandise. In the latest investigation into outsourced manufacturing in China, SACOM (Scholars and Students against Corporate Misbehaviour) probed two Olympics suppliers and said it found patchy...
WASHINGTON — The United States and China have wrapped up two days of talks on human rights. The annual dialogue gives Washington a chance to broach thorny issues that are a perennial sore point in U.S. relations with Beijing, including its treatment of democracy activists and repression in Tibet. A State Department statement issued...
Apple saw a dip in China during the most recent quarter, but Apple chief Tim Cook today attributed the drop to seasonality, among other things, and said it does not include sales of the new iPad, which just went on sale in the country. Apple saw 25 percent growth in Asia-Pacific over the last...
BANGKOK — Oil prices inched higher Tuesday in Asia, after sliding on Europe’s deepening debt turmoil the day before, as a survey suggested a recovery in China’s manufacturing is taking hold. Benchmark crude for September delivery was up 50 cents at $88.64 a barrel at midday Bangkok time in electronic trading on the New...
