Apr 12, 2015

China-led AIIB will be lean, clean and green, its chief says

The China-led Asian Infrastructure Investment Bank will be lean, clean and green, its interim chief has said, playing down concerns over transparency and standards governing the institution. The $50 billion bank, expected to start operations by the end of the year, is attracting a ...

Apr 12, 2015

China orders media giant Sina to 'improve censorship'

China’s government has threatened to shut down Sina, one of the country’s most popular news websites, unless it “improves censorship,” state media reported in a rare public glimpse into controls over the press. The online portal “distorted news facts, violated morality and engaged in ...

Apr 12, 2015

China says U.S. backs its campaign to hunt down 'economic fugitives'

The United States has promised support for China’s campaign to hunt corrupt officials fleeing abroad, the official Xinhua News Agency reported after meetings between security officials from the world’s two largest economies. Talks last week between Chinese domestic security leaders Meng Jianzhu and Guo ...

Apr 11, 2015

Toyota to build new plant in China's Tianjin

Toyota Motor Corp. plans to build a new plant in Tianjin, China, sources close to the matter said Saturday. The revelation came after sources said last week that the world’s biggest automaker, which announced a freeze on plant construction in fiscal 2013, is planning ...

Apr 10, 2015

AIIB on agenda of Japan-U.S. summit

Japan and the United States plan to reaffirm the need to ensure fair governance and transparent management in a China-led regional development bank during summit talks between their leaders in Washington later this month, diplomatic sources said. The two allies, in coordinating their positions ...

In China, knock-off Apple Watches have their own fans

Apr 10, 2015

In China, knock-off Apple Watches have their own fans

Lining the glass display cases of Shenzhen’s giant tech malls, knockoff versions of Apple Inc’s smartwatch were on sale at many stalls, with some Chinese consumers eager to snap them up for a fraction of the cost of the original. “It came on sale ...