Nissan's new car to test mood in China

Mar 2, 2013

Nissan's new car to test mood in China

After protests erupted across China last year over the Senkaku Islands, sales of Japanese-branded cars there plummeted. Nissan Motor Co.’s prescription for winning back Chinese drivers: a quieter ride and better gas mileage. Nissan introduced its new Teana sedan Tuesday in the southern city ...

Mar 2, 2013

Japan surpasses China as holder of U.S. securities

Japan’s purchases of U.S. Treasuries helped it overtake China last June as the largest foreign holder of American securities, including equities, asset-backed paper and U.S. government debt, Treasury Department figures show. Tokyo’s total holdings of all types of U.S. securities grew to $1.84 trillion ...

China's televised death march of foreign killers sparks debate

Mar 2, 2013

China's televised death march of foreign killers sparks debate

In an unusual action that quickly sparked debate online, Chinese authorities showed a live broadcast Friday of four foreign drug smugglers in their last hours before execution for killing 13 fishermen. A shocking and apparently unprecedented form of reality TV for China, the program ...

Mar 1, 2013

China overtakes Japan on IT outlays

China has overtaken Japan in global information technology spending, German IT industry group BITKOM said Wednesday, ahead of the CeBIT, the world’s biggest high-tech trade fair. Global IT spending is poised to rise by 5.1 percent to $3.5 trillion, said BITKOM in a new ...

Phoenix Island, China's 'Dubai,' falls into property flames

Mar 1, 2013

Phoenix Island, China's 'Dubai,' falls into property flames

Focus It was billed as China’s Dubai: a cluster of sail-shaped skyscrapers on a man-made island surrounded by tropical sea, the epitome of an unprecedented property boom that transformed skylines across the country. But prices on Phoenix Island, off the palm tree-lined streets of ...

Feb 28, 2013

Europe offers Beijing an open door

Maybe it’s bargain shopping. Maybe it’s the fallout from the strict U.S. security climate. Maybe it’s a sign of China becoming more comfortable with its international role. But as Chinese companies and entrepreneurs move to invest more overseas, they have been drawn increasingly to ...

Shanghai tries out all-boys classes as girls leap forward

Feb 27, 2013

Shanghai tries out all-boys classes as girls leap forward

Teenage boys in a Shanghai school are on the front line of teaching reform after the world’s top-scoring education system introduced male-only classes over worries they are lagging behind girls. Rows of white-shirted boys are put through their paces as they are called up ...

KFC rolls out campaign to rebuild battered image in China

Feb 27, 2013

KFC rolls out campaign to rebuild battered image in China

KFC launched a campaign Monday to rebuild its battered brand in China, promising tighter quality control after a scandal over misuse of drugs by its poultry suppliers. The company, a unit of Yum Brands Inc., promised to test meat for banned drugs, strengthen oversight ...

China may tap former envoy to Japan for foreign minister slot

Feb 25, 2013

China may tap former envoy to Japan for foreign minister slot

China is considering former Ambassador to Japan Wang Yi, who currently heads the Taiwan Affairs Office, to replace outgoing Foreign Minister Yang Jiechi, multiple Chinese government-related sources said. The consideration of a seasoned diplomat well-versed in Japanese affairs as China’s next foreign minister appears ...

Chinese mark end of holiday

Feb 25, 2013

Chinese mark end of holiday

As millions of migrant workers flowed back to cities and smog blanketed a large part of China, the nation Sunday celebrated the traditional Lantern Festival with fireworks and food. The Lantern Festival formally marks the end of celebrations for the Chinese Lunar New Year ...