After Buying Spree, China Owns Stakes in Top U.S. Firms The New York Times | SHANGHAI - Flush with cash despite the global economic downturn, China's sovereign wealth fund quietly snapped up more than $9 billion worth of shares last year in some of the biggest American corporations, including Morgan Stanley, Bank of America and Citigroup. | Although most of the stakes were...
China defends currency after Obama criticism China Daily | BEIJING: China dismissed on Thursday US threats it would get tough with Beijing on trade and currency to ensure American goods did not face a competitive disadvantage, saying renminbi was at a reasonable level. | Foreign Ministry spokesman Ma Zhaoxu said renminbi was at a reasonable level, and t...
Hainan fears real-estate bubbles - again Asia Times | By Stephen Wong | SHANGHAI - Money has flooded into the tropical Chinese island province of Hainan for property speculation in the few weeks since the central government unveiled a plan to turn it into an international tourist resort. | More than 1...
China Says Opposes Obama Meeting With Dalai Lama CBS News China Says It Strongly Opposes Any Meeting Of President Obama With Dalai Lama | Font size Print E-mail Share | (AP) | (AP) Previous slide Next slide (AP) BEIJING (AP) - Any meeting...
China warns Obama against meeting Dalai Lama The Times Of India BEIJING: China on Tuesday warned US President Barack Obama against meeting the Dalai Lama, saying it would "seriously undermine" Sino-US ties -- the latest salvo in an escalating r...
U.S.-China Relations Cool on Arms Deal Wall Street Journal By Andrew Browne And Jason Dean | BEIJING—China's suspension of military exchanges with the U.S. in retaliation for a $6.4 billion arms sale to Taiwan heightens the risk of f...
Asian stocks mixed after Wall St decline Lexington Herald-Leader | Asian stocks were mixed Tuesday following Wall Street's overnight decline on lingering worries about high European debt levels. | Tokyo, Hong Kong and Sydney were down while Shanghai, Seoul and Singapore gained. | That came after the Dow Jones industrial average closed below 10,000 for the first time in three months on concerns that debt problems...
Hainan fears real-estate bubbles - again Asia Times | By Stephen Wong | SHANGHAI - Money has flooded into the tropical Chinese island province of Hainan for property speculation in the few weeks since the central government unveiled a plan to turn it into an international tourist resort. | More than 100 developers, including publicly listed China Vanke, Agile Property and Poly, are believed to be in...
