China high school student sells kidney to purchase iPhone, iPad A teenage high-school student in China sold his kidney for an illicit transplant operation and used the proceeds to buy an Apple iPhone and iPad, state press said on Friday. The 17-year-old boy, who was paid 22,000 yuan (US$3,500), was recruited from an online […]
- China looks to economic future with its New Silk Road plan - Los Angeles Times May 1, 2016Los Angeles TimesChina looks to economic future with its New Silk Road planLos Angeles TimesFrom his office on a bend of the Rhine River, freight terminal boss Bernd Putens can see — and hear — the early stirrings of what China calls the New Silk Road. The clang-clang of forklifts echoes through his building as 42 containers of cargo are ...and more »
- Malaysia Sends 32 Taiwanese Suspects to China, Draws Protest - New York Times May 1, 2016Malaysia Sends 32 Taiwanese Suspects to China, Draws ProtestNew York TimesBEIJING — Taiwanese officials have protested Malaysia's deportation of 32 of the self-ruled island's nationals to China this weekend to face wire fraud charges, the latest in a series of disputes that has raised new friction between China and Taiwan.and more »
- China's factories grow less than expected, raising recovery doubts - The Guardian May 1, 2016The GuardianChina's factories grow less than expected, raising recovery doubtsThe GuardianHowever, home sales are now tumbling in some big cities such as Shanghai as authorities try to curb rapid price rises, and sizzling steel and iron ore markets cooled last week after China's securities regulator ordered commodity futures exchanges to ...
- AIG raises $1.25B by selling a stake in China insurer PICC - CNBC May 1, 2016CNBCAIG raises $1.25B by selling a stake in China insurer PICCCNBCAmerican International Group has raised HK$9.68 billion ($1.25 billion) by selling a large chunk of its stake in China's PICC Property and Casualty Co. Ltd. in a block deal, IFR reported on Sunday. AIG sold about 740 million shares at HK$13.08 each, or ...and more »
- Malicious: China Unplugs Apple And Disney - Forbes May 1, 2016ForbesMalicious: China Unplugs Apple And DisneyForbesTuesday, Apple reported a 13% decrease in revenues for the quarter ended March 26. Greater China, which includes Hong Kong and Taiwan, accounted for a stunning 58% of the drop. CEO Tim Cook blamed currency appreciation in Hong Kong for the fall, ...
- China April official factory activity PMI expands, but at slower pace - CNBC May 1, 2016CNBCChina April official factory activity PMI expands, but at slower paceCNBCActivity in China's manufacturing sector expanded for the second month in a row in April, but only marginally, an official survey showed on Sunday, raising doubts about the sustainability of a recent pick-up in the world's second-largest economy. The ...China's Manufa
- Slamming the US: Beijing-Moscow Denounce Washington's South China Sea Resolve - Forbes May 1, 2016ForbesSlamming the US: Beijing-Moscow Denounce Washington's South China Sea ResolveForbesChina and Russia have agreed on the need to limit U.S. influence in the Asia-Pacific Region. On Friday, following bilateral talks in Beijing Russia's foreign minister Sergey Lavrov and his Chinese counterpart Wang Yi expressed opposition to the U.S. ...Sham
- China trains 'fishing militia' to sail into disputed waters - Reuters May 1, 2016ReutersChina trains 'fishing militia' to sail into disputed watersReutersThe United States has been conducting sea and air patrols near artificial islands China is building in the disputed Spratlys archipelago, including by two B-52 strategic bombers in November. Washington said in February it would increase the "freedom of ...Beijing's
- Millions of Chinese workers go unpaid amid economic slowdown - CNN May 1, 2016CNNMillions of Chinese workers go unpaid amid economic slowdownCNNIn the same period, China saw more than 2,700 strikes and protests, more than double the number the year before, according to China Labor Bulletin (CLB), a Hong Kong-based rights monitor. As the country marks International Workers' Day on May 1, the ...and more »
- China, Japan more upbeat on ties but challenges remain - Reuters April 30, 2016ReutersChina, Japan more upbeat on ties but challenges remainReutersBEIJING China and Japan both expressed a willingness to improve strained relations on Saturday after a rare meeting between their two foreign ministers in Beijing, though China said Japan should stop pushing the notion that China is a threat. China ...China Lays out Firm Conditions for Impro