TOKYO – A shooting war with China may not be inevitable, but a dangerous arms escalation seems a dead certainty. That’s the take from a rare public discussion here this week among naval experts from Japan, the U.S. and China. “Eighty percent of the population wants us to use the military,” says Yang Yi, former...
BEIJING – China has released a documentary accusing the Dalai Lama of orchestrating a wave of self-immolations by Tibetans, in its most elaborate attempt so far to shape international opinion about the protests against Chinese rule. The documentary shown globally by state broadcaster China Central Television features police surveillance footage of the fiery protests....
BEIJING (Reuters) – China’s Vice Foreign Minister Song Tao summoned the British ambassador in Beijing on Tuesday to protest British Prime Minister David Cameron’s meeting with the Dalai Lama, saying the meeting “seriously interfered” with China’s internal affairs. The exiled Tibetan spiritual leader, who is considered a separatist by Beijing, met with Cameron on...
Harry Campbell In today’s globalized world, you can’t avoid China, or so goes the cliché. Google is discovering that it’s actually true. Following a dispute over censorship, Google largely abandoned mainland China two years ago, redirecting its search operations to Hong Kong. Yet China is having the final word on Google’s biggest and perhaps...
New lending by China’s four biggest state-owned banks was flat in the first two weeks of May and total deposits extended April’s decline to fall by around 200 billion yuan ($31.65 billion), the Shanghai Securities News reported on Wednesday. As of May 13, two of the big lenders posted higher loans, while another two...
HONG KONG (Reuters) – In a month-long standoff between China and the Philippines over a disputed shoal in the South China Sea, Beijing has so far refrained from sending warships from its increasingly powerful and modern navy to enforce its territorial claims. Instead, China has deployed patrol vessels from its expanding fleet of paramilitary...
By Ariel Zirulnick The South China Sea territorial dispute between China and the Philippines is beginning to take a toll on the Philippine economy, which is dependent on a steady Chinese demand for its products. The two countries have been locked in a tense standoff since April 10, when a Philippine naval ship attempted...
BEIJING — After months of careful tinkering aimed at slowing China’s supercharged economy, Chinese officials may have gotten more than they bargained for: The nation’s economic engine is decelerating with alarming speed. Industrial production in April hit its slowest pace in more than three years, while growth in exports sputtered and imports were flat....
ANZ Bank ATM in Sydney, Australia. Photographer: Ian Waldie/Bloomberg Australia New Zealand Banking Group Ltd., Australia’s third-largest lender, plans to invest A$300 million ($300 million) and more than triple the size of its network in China, the world’s fastest-growing major economy. The number of outlets will be increased to 20 in the next five...
“We’ll be going into China without a doubt,” Mr. Camp said from his office in Hamilton, New Zealand. Agreeing to manufacture the P-750 turboprop in China may be part of the deal. “We don’t see any advantage from a cost perspective,” Mr. Camp said. “It’s more of a strategy for entering the market.” He...
