BEIJING – China’s naval forces foiled an attack by pirates on a freighter in the Gulf of Aden, the navy said, but gave no word on arrests or other contact with suspects. The statement said…
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China navy says it foiled pirate attack on ship near Somalia
China says its navy saved ship from pirates, but omits India’s role in rescue
as well as China’s image as a responsible major country in safeguarding regional peace and stability,” Hua told reporters at a daily news briefing on Monday. “We are always positive toward international counter-piracy operations,” she…
China's navy saves ship from pirates— but omits India's role in rescue
as well as China’s image as a responsible major country in safeguarding regional peace and stability,” Hua told reporters at a daily news briefing on Monday. “We are always positive toward international counter-piracy operations,” she…
China bars wife of detained Taiwanese activist from visiting
TAIPEI, Taiwan — The wife of a Taiwanese pro-democracy activist detained in China said Monday that she was prevented from flying to the mainland to seek a visit with her husband, whose case has inflamed…
China, Myanmar Oil Pipeline To Launch “Very Quickly”
China and Myanmar have finally reached an agreement on an oil pipeline that that would allow China to import crude oil from overseas via Myanmar, and the project is slated to open “very quickly”, according…
China 'deploys 150,000 troops to deal with possible North Korean refugees over fears Trump may strike Kim Jong-un following missile attack on Syria'
the news agency said. Meanwhile, the US Navy has moved the USS Carl Vinson aircraft carrier strike group from Singapore to North Korea after the country conducted more missile testing. China’s top nuclear envoy arrived…
Philippines backs down on 'occupy' order in South China Sea
Philippine President Duterte has promised not to militarize the contested Spratly Islands in the South China Sea. He had previously ordered the Philippines military to “occupy all islands,” angering Beijing. Philippine President Rodrigo Duterte on…
Norwegian leader meets with China's Xi as ties restored
It was the first visit from a Norwegian prime minister to China in 10 years. “Your visit this time holds a lot of significance,” Xi said. “This is the first high-level visit since the normalization…
Beijing offers nearly $100,000 reward to dob in foreign 'spies'
Beijing: The Beijing government is calling on its citizens to catch foreign spies, offering a reward of up to 500,000 Chinese yuan ($97,000) for tip-offs to police. Lawyers say the move has potential serious consequences…
Significance of the State in Chinese banking
After four decades of financial reform, China’s banking sector is still dominated by publicly owned institutions. But it’s a story of change amidst continuity Financial restructuring and liberalisation began in China in the late 1970s,…
UPDATE 1-China banking regulator issues risk control guidelines
SHANGHAI, April 10 China’s banking regulator said on Monday it has issued guidelines on risk control for lenders, as authorities ramp up efforts to contain risks from a rapid build-up in debt. The move is…
China Investigates Regulator of Fast-Moving Insurance Industry
Along the way, he also found time to climb the ranks of the country’s financial elite. He became chairman in 2009 of China’s third-largest bank, the Agricultural Bank of China, and then the chairman of…
Aramco board to meet in Shanghai as it seeks Chinese investors for IPO
The board, which gathers twice a year, often meets abroad but only once before had a meeting in China, in 2010. Aramco has appointed international banks with access to Chinese investors to advise on the…
