At least 38 killed in fiery China road accident

Jul 19, 2014

At least 38 killed in fiery China road accident

At least 38 people were killed when a van carrying flammable liquid hit a bus on a highway in central China early Saturday, state media reported. The collision in Hunan province triggered a fire and explosion that destroyed five vehicles, the official Xinhua News ...

Jul 18, 2014

High cost to new neutrality

by Yuriko Koike

South Korea's elite appears to be splitting into pro-Chinese and pro-American factions that transcend party lines, while German leaders' obsession with growing exports appears to have gagged them on China's human rights abuses and its aggressive behavior toward Asian neighbors.

Jul 18, 2014

China offers $20 billion fund for LatAm projects

Chinese President Xi Jinping proposed Thursday to create a $20 billion fund to finance infrastructure projects in Latin America and the Caribbean. The fund was announced at the end of a summit hosted by Brazilian President Dilma Rousseff that marked the launch of the ...

China's state TV targeted in graft drive

| Jul 17, 2014

China's state TV targeted in graft drive

by Didi Tang

For months, Chinese state television has publicized a steady drumbeat of accusations of bribery and other abuses by a string of officials. Now, the state-run broadcaster faces allegations of graft in its own ranks. Since late May, at least six people at China Central ...

China studies floating gas plants for South China Sea

Jul 17, 2014

China studies floating gas plants for South China Sea

by Chen Aizhu

Chinese energy giant CNOOC Group is studying the possibility of building a multibillion-dollar floating liquefied natural gas (FLNG) vessel, as-yet untried technology that would likely be used to produce gas from the deep waters of the South China Sea. While the state-run company has ...

Jul 17, 2014

War-torn South Sudan gets Chinese weapons delivery

The government in civil war-torn South Sudan has taken delivery of new Chinese arms, including anti-tank missiles, grenade launchers and assault rifles, the country’s defense minister confirmed Wednesday. The minister, Kuol Manyang Juuk, said the deal with China North Industries Corp (Norinco) was concluded ...

Chinese growth beats expectations with 7.5% expansion in 2Q

Jul 16, 2014

Chinese growth beats expectations with 7.5% expansion in 2Q

Chinese growth accelerated to a forecast-beating 7.5 percent in the second quarter, official data showed Wednesday, as government stimulus provided a much-needed boost to the world’s second-largest economy. The April-June figure from the National Bureau of Statistics compared with 7.4 percent in the previous ...