Editor’s note: Geoff Hiscock is the author of a new book, Earth Wars: The Battle for Global Resources (Wiley, June 2012), and a former Asia business editor for CNN.com. He covers energy and resources development in India, China and other emerging economies. (CNN) — China and India need to reach agreement on...
China, the world’s second-biggest corn user, may import fewer shipments from the U.S. than forecast due to rising costs since the worst drought in decades hit the top grower, a state-owned researcher in the Asian country said. Imports in the year beginning Oct. 1 may total 3 million metric tons, compared with 5 million...
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...
BEIJING (Xinhua) — The heaviest rain in 61 years that lashed Beijing Saturday have left at least four people dead and six others injured, local authorities said. Two people were killed and six others injured as strong winds toppled rooftops in two villages in the city’s suburban Tongzhou district, the Beijing Emergency Medical Center...
China has appealed a World Trade Organization panel’s finding that it has been unfairly imposing tariffs on a high-technology U.S. steel product. The Chinese Ministry of Commerce said in a statement posted on its website late Friday that the WTO panel’s report, issued in June, failed to properly interpret relevant regulations. China asked a...
