Apr 13, 2015

Graft trial begins for Beijing former state oil boss

A top official who led China’s biggest petroleum company and later was assigned to oversee state-owned companies went on trial Monday on charges of corruption and abuse of power. Defendant Jiang Jiemin is a former chairman of the state-run China National Petroleum Corp. CNPC, ...

Apr 13, 2015

China rejects Taiwan's bid to become AIIB founding member

Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank but is still welcome to become an ordinary member in the future, the Chinese government said on Monday. In a statement carried by the official Xinhua news agency, ...

China, Russia, Saudi Arabia accelerate defense spending

Apr 13, 2015

China, Russia, Saudi Arabia accelerate defense spending

Chinese, Russian and Saudi Arabian defense spending increased the most last year, while U.S. expenditure declined, according to a report by the Stockholm International Peace Research Institute. China’s defense spending rose 9.7 percent from a year earlier to $216 billion, and Russia’s increased 8.1 ...

Apr 12, 2015

In southern China, hundreds protest over polluting power plant

Hundreds of people in China’s southern Guangdong province protested the expansion of a coal-fired power plant on Sunday, state media reported, the latest sign of public discontent over pollution. Residents had complained of smog in Heyuan city since the power plant there began operations ...

Apr 12, 2015

Behind Xi's corruption crackdown

While Chinese President Xi Jinging's crackdown on corruption is boosting his popularity, it remains to be seen if he will change the system that allowed corruption to flourish in the first place.