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Stories tagged: china

Russia, China in agreement on North Korea, South China Sea

The foreign ministers of Russia and China on Friday expressed their joint opposition to the U.S. deployment of an anti-missile system in South Korea and said non-claimants should not take …

Carl Icahn dumps all of his Apple stock

Billionaire business magnate Carl Icahn, whose investment decisions can influence the stock market, said Thursday that he dumped what was left of his nearly 1 percent stake in Apple Inc. …

China: Can’t sue Cabinet-level agency over Chinese drywall

China’s Ministry of Justice has sent back a lawsuit in which thousands of U.S. homeowners say a Cabinet-level agency should pay for damage to their homes from defective drywall made …

Engineer accused of illegally helping China build reactors

A Chinese-born U.S. nuclear engineer has been accused of recruiting a team of U.S.-based experts to help a state-controlled Chinese nuclear energy company build reactors there.

U.S. sending commandos, combat aircraft to Philippines

In a military buildup certain to inflame tensions with China, the United States said Thursday it will send troops and combat aircraft to the Philippines for regular, more frequent rotations, …

Las Vegas Sands antes $9M to settle corruption case with SEC

Las Vegas Sands is paying a $9 million fine to settle a regulatory investigation that painted an unflattering picture of the casino owner’s expansion into a gambling mecca in China.

AP Investigation: China launders cash of foreign criminals

Scam artists, drug cartels and gangs from around the world have found a new haven for laundering money: China.

McDonald’s adding 1,500 outlets in China, South Korea, Hong Kong

McDonald’s Corp. said Thursday it plans to open 1,500 new restaurants in China, South Korea and Hong Kong as it looks to faster-growing markets to help drive a global turnaround.

Chinese returns part of Bangladesh funds stolen by hackers

A Chinese casino junket operator says he has returned $4.63 million of the $81 million that hackers stole from the Bangladesh central bank’s account in the U.S. Federal Reserve Bank …

30 deals signed during Chinese president’s visit to Prague

Businesses added a solid 200,000 net jobs this month, according to a closely watched private survey released Wednesday, as the U.S. labor market continued to strengthen even as overall economic …

Rising China risk tarnishes Hong Kong business hub luster

Political and economic ills from mainland China are eroding Hong Kong’s independent business edge.

Robert J. Samuelson: Myths shroud free trade realities

Free-trade benefits are widely disbursed while the social costs concentrate on unemployed workers and bankrupt companies.

Emerging player from China could disrupt Marriott plans

A fight for control of the Starwood hotel chain is under way following a $14 billion buyout offer Monday from a consortium led by China’s Anbang Insurance Group.

Russia, China oppose US missile-defense in South Korea

The foreign ministers of China and Russia are opposing the possible deployment of an advanced American missile-defense system in South Korea.

Chinese inflation accelerates to 2.3 percent

China’s inflation accelerated to 2.3 percent in February, driven by a jump in food prices, but fell below the government’s official target for the year.

Bangladesh loses $100 million, allegedly to Chinese hackers

The Bangladesh central bank says it is working to recover some $100 million allegedly stolen by Chinese hackers from an account at the Federal Reserve Bank of New York.

Russia, West differ on Iran’s nuclear program report

Russia and the West overcame differences to strike a landmark nuclear deal with Iran but are now divided on how well the U.N. atomic agency is reporting on whether Tehran …

U.S. manufacturing shrinks for fifth straight month

WASHINGTON – Factory activity in the United States and China – the world’s top two economies – slowed in February, reflecting and contributing to worldwide economic weakness. In the United …

Global finance officials promise to shore up sagging growth

Finance officials of the world’s biggest economies promised Saturday to use “all tools” to shore up sagging global growth and to avoid devaluing their currencies to boost exports, but made …

Obama fiddles as global barbarians storm the gates

The barbarians are at the gates and pushing hard knowing they will enjoy but 11 more months of minimal American resistance.

U.S., China agree on new North Korea sanctions, diplomats say

The United States and China have reached agreement on a U.N. resolution that would impose tougher sanctions on North Korea as punishment for its latest nuclear test and rocket launch, …

China seeking control of East Asia, U.S. commander says

The commander of U.S. forces in the Pacific said Tuesday that China is seeking control of East Asia, comments that could further inflame tensions between the two world powers.

North Korea restarts plutonium reactor, intelligence chief says

North Korea has expanded a uranium enrichment facility and restarted a plutonium reactor that could start recovering material for nuclear weapons in weeks or months, the U.S. intelligence chief said …

Chinese visit temples, fairs to ring in Year of the Monkey

Chinese and others around Asia flocked to temples and fairs to pray for good health and fortune on Monday, the first day of the Lunar New Year.

North Korea’s rocket launch preparation puts U.S., China on notice

The presidents of the U.S. and China agreed Friday that a planned rocket launch by North Korea would violate U.N. sanctions, the White House said, amid signs the isolated nation …

U.S. manufacturing weakens in line with China factory slowdown

Factory activity in the world’s two biggest economies – the United States and China – slowed in January, a discouraging trend for the global economy.

What Xi’s Iran trip tells us about China’s Middle East plans

HONG KONG – Chinese President Xi Jinping covered a lot of ground in his first swing through the Middle East, announcing $55 billion in aid and giving a speech to …

Starbucks CEO Howard Schultz confident in China bet despite turmoil

Worries about the Chinese economy are rocking markets the world over, but Starbucks CEO Howard Schultz says he’s confident in Beijing’s policymaking – and that his coffee empire is still …

Robert J. Samuelson: Market signals recession, or not

Unexpected event could dip a slow-growing global economy into a decline.

U.S. stocks slide as fears spread of slowdown in China

NEW YORK – U.S. stocks are opening sharply lower as worries intensify about China’s economy and dropping oil prices. China’s main stock index plunged again Thursday, triggering the second automatic …