China bets on North Korea in gamble to save rust belt

Jul 23, 2015

China bets on North Korea in gamble to save rust belt

At China’s very farthest limits, a town sandwiched between North Korea and Russia stands at the heart of Beijing’s plan to revitalize its bleak, frigid northeastern rust belt. Beijing has a vision of turning the nondescript outpost of Hunchun into a regional Asian trading ...

Jul 23, 2015

January-June visitors from abroad rise to record 9.14 million

A record 9.14 million foreigners are estimated to have visited Japan from January to June this year, a 46 percent increase from the same period in 2014, as the country continued to attract tourists from China, Taiwan and elsewhere, government data showed Wednesday. The ...

China gives Ai Weiwei his passport back after 4 years

Jul 22, 2015

China gives Ai Weiwei his passport back after 4 years

Ai Weiwei announced on Instagram that he got his passport back Wednesday, four years after it was confiscated by Chinese authorities. The artist and government critic posted a photo of himself holding a Chinese passport with the caption, “Today, I got my passport.” Ai ...

Beijing says ties with Manila can flourish despite sea feud

Jul 22, 2015

Beijing says ties with Manila can flourish despite sea feud

The Chinese ambassador in Manila said Wednesday that trade between China and the Philippines grew last year despite their protracted territorial conflicts, providing hope their relations could flourish even as tensions remain. Ambassador Zhao Jianhua also played down reports that Chinese President Xi Jinping ...

Jul 21, 2015

College librarian in China admits he replaced art with fakes

A former chief librarian at a Chinese university admitted in court Tuesday to stealing more than 140 paintings by grandmasters in a gallery under his watch and replacing them with fakes he painted himself. For two years up until 2006, Xiao Yuan substituted famous ...

Philippines hikes defense budget 25% amid China tensions

Jul 21, 2015

Philippines hikes defense budget 25% amid China tensions

The Philippines is planning a 25 percent hike in its defense budget next year, mainly to bolster its claims in the disputed South China Sea, officials said Tuesday. The proposed 2016 national budget, which President Benigno Aquino is to present to parliament for approval ...

Jul 21, 2015

Tokio Marine to use Citic to grow in China after U.S. foray

Tokio Marine Holdings Inc., fresh from its biggest acquisition in the U.S., is now looking for opportunities in China. The insurer plans to utilize its ties with Citic Group Corp., China’s biggest conglomerate, to expand in the country, Tsuyoshi Nagano, Tokio Marine’s president and ...