May 27, 2015

Police catch 175 looters in China's biggest artifact find

Chinese police have caught 175 looters who broke into a Neolithic archaeological site in what officials are calling the country’s biggest recovery of stolen artifacts. The Ministry of Public Security announced Tuesday that the operation rescued 1,168 cultural relics worth more than 500 million ...

China breaks ground on lighthouse project in South China Sea

May 26, 2015

China breaks ground on lighthouse project in South China Sea

China hosted a groundbreaking ceremony for the building of two lighthouses in the disputed South China Sea, state media said Tuesday, a move that is likely to escalate tensions in a region already jittery about Beijing’s maritime ambitions. China’s Ministry of Transport hosted the ...

May 26, 2015

China's yuan currency 'no longer undervalued': IMF

China’s yuan currency, which Washington has long alleged was manipulated, is “no longer undervalued,” the International Monetary Fund said Tuesday. “Our assessment now is that the substantial real effective appreciation over the past year has brought the exchange rate to a level that is ...

May 26, 2015

China's army compares South China Sea moves to road-building

China’s military on Tuesday compared its controversial island-building in the South China Sea to ordinary construction such as road-building going on elsewhere in the country, trying to deflect criticism over an issue seen as inflaming tensions in the region. Defense Ministry spokesman Yang Yujun’s ...

May 26, 2015

Taiwan proposes plan to ease South China Sea tensions

Taiwan proposed a peace initiative Tuesday to resolve territorial disputes in the South China Sea that its says will reduce tensions that have put Beijing at odds with its neighbors and the United States. The South China Sea Peace Initiative announced by President Ma ...