China opens movie theater on disputed South China Sea island

A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple disputes over islands, coral reefs and lagoons in waters crucial for global commerce and rich in fish and potential oil and gas reserves ... ( read original story ...)

China warns India of its ‘resolve’ amid border standoff

"China's determination and resolve to safeguard national security and sovereignty is unshakable," Wu said at a news conference to mark the upcoming 90th anniversary of the founding of the People's Liberation Army. "Here, I wish to remind India, do not push ... ( read original story ...)

AP Explains: India and China face off in border standoff

The U.S. State Department has urged the two sides to work together toward a peaceful resolution. India told China last week that it was ready to hold talks if both sides pulled their forces back from the disputed border area. But China countered on Monday ... ( read original story ...)

South China Sea: Vietnam halts drilling after ‘China threats’

Vietnam has reportedly terminated a gas-drilling expedition in a disputed area of the South China Sea, following strong threats from China. A source in the south-east Asian oil industry has told the BBC that the company behind the drilling, Repsol of Spain ... ( read original story ...)

Deregulation creates China consumer loans boom

Since regulators opened up the consumer finance market three years ago, lenders have deployed hundreds of thousands of salespeople to cash registers and even car parks across China to hand out on-the-spot loans for phones, electronic gadgets and cars. ( read original story ...)

Beijing police on manhunt after deadly hit-and-run: Xinhua

SHANGHAI (Reuters) - Beijing police are hunting for a man suspected of stabbing five people and then ploughing into a group of nine others with a van, killing one and injuring eight, the official Xinhua news agency reported. The attack took place mid ... ( read original story ...)

In China, Herd of ‘Gray Rhinos’ Threatens Economy

SHANGHAI — Let the West worry about so-called black swans, rare and unexpected events that can upset financial markets. China is more concerned about “gray rhinos” — large and visible problems in the economy that are ignored until they start moving ... ( read original story ...)