Spokeswoman: China plans to link banker pay to risk, but no plans for salary capsBEIJING — China plans to link the pay of bankers to risks taken by their institutions but has no plans for salary caps, a government spokeswoman said Friday. Ford invests $490 million to build small car assembly plant in China to capture growing marketSHANGHAI — Ford Motor Co. said Friday it plans to spend $490 million on building a third assembly plant in China, ramping up production to meet surging demand in this fast-growing market as the U.S. automaker expands in Asia. G-8: Iran has 3 months to stop uranium enrichment, avoid new sanctionsUNITED NATIONS — Pressure deepened against Iran on Thursday when the world’s eight top economic powers gave Tehran until year’s end to cease enriching uranium or face new sanctions, but resistance from China could undermine the effort. China says sanctions not the way to get Iran to give up nuclear program, calls for diplomacyBEIJING — China rejected the idea Thursday that more sanctions would pressure Iran to give up its nuclear program. Chinese official denies reported ban on foreign visitors in Tibet during sensitive anniversaryBEIJING — A Chinese official on Thursday denied reports that Tibet will be closed to foreign visitors over the sensitive Oct. 1 national day period. China faces new US trade complaint over paper as union, 3 producers file antidumping caseBEIJING — A U.S. labor union and three paper companies have filed a new trade complaint over imports of Chinese paper, possibly fueling tensions between Washington and Beijing amid disputes over tires and other goods. China’s army promotes grandson of communist state founder’s Mao Zedong to major generalBEIJING — Mao Zedong’s only grandson has become the youngest general in the People’s Liberation Army at age 39, a Chinese newspaper said Thursday. Jailed former Taiwanese president petitions US, demands releaseTAIPEI, Taiwan — Former Taiwanese President Chen Shui-bian has been indicted on new embezzlement charges just weeks after being sentenced to life in prison, and has filed a lawsuit claiming that the U.S. legally controls Taiwan and should release him from detention, officials and a lawyer said Wednesday. 11 indicted in China factory brawl that led to deadly ethnic rioting in Muslim westBEIJING — Chinese prosecutors have indicted 11 people in a factory brawl that led days later to deadly rioting in the Muslim far west. China pushing for bigger IMF role at G-20 summit but European reluctance might be obstacleBEIJING — Beijing is pressing for a bigger voice in the International Monetary Fund and says Group of 20 leaders at their Pittsburgh summit should start making good on promises to give developing countries more IMF votes. Obama seeks Chinese help on Iran, NKorea as trade dispute irks tiesNEW YORK — President Barack Obama and Chinese President Hu Jintao offered each other diplomatic assurances Tuesday as the U.S. sought help from China in dealing with Iran and North Korea’s nuclear programs at a testy time in ties between Washington and Beijing. Armed soldiers patrol Beijing, Tibet shuts to foreigners as China prepares for anniversaryBEIJING — China has closed Tibet to foreign tourists and deployed soldiers armed with machine guns in the streets of Beijing — part of a raft of stringent security measures ahead of the 60th anniversary of communist rule. Even kite-flying has been banned in the capital. Obama: US understands gravity of warming planet and is ‘determined to act’UNITED NATIONS — President Barack Obama on Tuesday declared that the United States is a serious partner in combating global warming, telling world peers “we are determined to act.” Obama tells UN summit: Clean-planet polices can’t be sacrificed on alter of economic growthUNITED NATIONS — President Barack Obama says the United States was slow to recognize the magnitude of climate change, but that Washington is moving swiftly to catch up. China appeals WTO ruling for US in trade dispute over barriers to US music, movies, booksGENEVA — China appealed Tuesday a United States win in a trade dispute over restrictions on the sale of U.S. music, films and books in the Asian country. Mystery surrounding appointment of China VP to powerful military commission deepensBEIJING — The mystery surrounding the expected appointment of China’s vice president to a powerful military commission deepened Tuesday, with a leading Communist scholar saying the matter wasn’t even on the agenda at last week’s annual meeting of the party’s policy-setting Central Committee. Communist conclave did not discuss China veep’s seat on military body, party scholar saysBEIJING — The mystery surrounding the expected appointment of China’s vice president to a powerful military commission deepened Tuesday, with a leading Communist scholar saying the matter wasn’t even on the agenda at last week’s annual meeting of the party’s policy-setting Central Committee. China bans tourist entry into Tibet till October 8BEIJING - China has banned foreign tourists from travelling to Tibet ahead of a parade in the capital to mark 60 years of Communist rule. China has military weaponry to match the West: Chinese Defence MinisterBEIJING - Chinese Defence Minister General Liang Guanglie has said that Beijing has developed some of the world’s best armaments which are at par with the westerns countries. Obama plays Diplomatically in Israeli Palestinian Meeting and China Talks
Asia leading global recovery but too early to exit stimulus measures, ADB saysBEIJING — The Asian Development Bank raised its growth forecasts for China and India on Tuesday and said the region is leading a global recovery but warned against ending stimulus efforts too quickly. China bans foreign tourists from Tibet ahead of Beijing celebrationsBEIJING — China has banned foreign tourists from traveling to Tibet ahead of a parade in the capital to mark 60 years of Communist rule, an official said Tuesday, amid stepped-up security across the country to ensure nothing mars the celebrations. Taiwan film festival Web site hacked ahead of screening of Uighur activist documentaryTAIPEI, Taiwan — Hackers on Monday posted vulgarities and pro-Chinese slogans on a Taiwanese film festival’s Web site to protest plans to screen a documentary about an exiled Uighur activist accused by Beijing of inciting recent ethnic violence in China’s west. 2,830 suspects of fake invoice trading held in ChinaBEIJING - The Chinese police have arrested 2,830 people suspected of fake invoice trading and confiscated more than 47 million such invoices during a three-month national campaign against invoice fraud. China says its military’s arsenal comparable with West, with further developments plannedBEIJING — China’s military now possesses most of the sophisticated weapon systems found in the arsenals of developed Western nations, the country’s defense minister said in comments published Monday. China publishes white paper on XinjiangBEIJING - The Chinese government Monday published a white paper on the development and progress in northwest China’s Xinjiang Uyghur autonomous region. Fighters soar over Beijing as China steps up preparations for 60th anniversaryBEIJING — Dozens of fighter jets and other warplanes soared over Beijing on Monday as China stepped up preparations for the 60th anniversary of communist rule, tightening security with restrictions on knife sales and plans to ground flights on Oct. 1. No business without ‘guanxi’ in ChinaBEIJING - “I cannot do business in China without bribing people,” the representative of a German company in Beijing complained. Young foreigners travel to China to hunt for jobs as home markets battered by crisisBEIJING — When the best job Mikala Reasbeck could find after college in Boston was counting pills part-time in a drugstore for $7 an hour, she took the drastic step of jumping on a plane to Beijing in February to look for work. Beijing students demand release of teacher, former Tiananmen protester, apparently heldBEIJING — Nearly a hundred university students gathered outside a Beijing district police bureau Sunday to demand the release of a lecturer — a former leader of 1989 Tiananmen pro-democracy demonstrations — who they believe is being held unfairly by authorities. |
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