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China Splurging on Military as US Pulls BackChina splurging on armed forces as US begins defense cuts, raising uncertainty in Asia-Pacific
China Resources ‘mistress’ business link trackedChina Resources' chairman allocated many of its investment banking deals over the past five years to institutions employing his alleged mistress.
China Manufacturing Gauge Signals Economic WeaknessChina's economy has yet to respond to policy makers' stimulus efforts, an April manufacturing gauge indicated today, helping send the yuan to a 16-month low. The preliminary Purchasing Managers' Index from HSBC Holdings Plc and Markit Economics was 48.3 in April, matching the median estimate of analysts surveyed by Bloomberg News. Sustained weakness in manufacturing would pressure Premier Li ...
China Unicom Q1 Earnings Soar on 3G AdoptionChina Unicom reported adjusted net income of RMB 3.302 billion ($539.5 million) in first-quarter 2014 that surged 73.8% year over year.
China Mobile Profit Drops as IPhone Subsidy Boosts Carrier CostsChina Mobile Ltd. (941) , the world’s largest phone company by users, posted its third straight drop in quarterly profit as expenses for subsidizing Apple Inc. (AAPL) ’s iPhone and building networks increased.
China releases Japanese cargo shipChina has released a Japanese cargo ship it seized over a war-time debt, a court statement says, after the Japanese firm paid compensation.
China factories extend slumpChina's factories continued to struggle in April, according to an early gauge of activity in the country's all-important manufacturing sector.
China grounds luxury air travel for govt personnelCHINA - China plans to prohibit full-price air tickets during government travel as part of the ongoing frugality campaign, a move experts believe could put more pressure on the country's major airlines. The Ministry of Finance and the Civil Aviation Administration of China said in a joint notice on Tuesday that air flights of government personnel traveling on official business should be booked ...
China and rivals sign naval pact to ease maritime tensionsChina, the United States, Japan and more than a dozen other Asia-Pacific countries have signed a naval agreement aimed at ensuring miscommunication between ships at sea does not escalate into conflict.
China escalates Senkaku island disputeChina says it is exercising self-defence right but experts say move will exacerbate tension between the two nations China has tried to establish its authority over Japanese-controlled islands in the East China sea by demanding that all aircraft flying in the region obey its rules or face "emergency defensive measures". The East China sea air defense identification zone came into effect from 10am ...