Latest China news

  • Asia stocks mostly rise as China rate cut offsets US data 29 minutes ago

    TOKYO (AP) — Asian stock markets were mostly higher Monday as a weekend interest rate cut by the Chinese central bank lifted sentiment following the release of lackluster U.S. growth data. More »

  • William visits Forbidden City
    William visits Forbidden City 33 minutes ago

    The Duke of Cambridge will visit Beijing's Forbidden City as his tour of China continues. More »

  • Oil falls 1 percent on weak China outlook, higher Libya production
    Oil falls 1 percent on weak China outlook, higher Libya production 1 hour 28 minutes ago

    By Florence Tan SINGAPORE (Reuters) - Oil fell about 1 percent on Monday after posting its first monthly rise since June, pressured by continued weakness in China's vast manufacturing sector and higher Libyan crude output. The Chinese central bank cut benchmark lending and deposit rates a day before it released official data that showed a second consecutive month of shrinking manufacturing activity for February. Brent crude was down 52 cents at $62.06 a barrel by 0044 GMT after posting an 18-percent gain in February, the largest monthly rise since May 2009. Iraq's Oil Minister Adel Abdel Mehdi said on Sunday world oil prices were gradually rebounding and he expected to see a barrel of crude selling at around $65. More »

  • China February HSBC PMI at seven-month high but deflation risk persists
    China February HSBC PMI at seven-month high but deflation risk persists 1 hour 42 minutes ago

    BEIJING (Reuters) - Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed on Monday, underlying economic fragility that may need more policy support. China's central bank cut interest rates on Saturday, just days before the annual meeting of the country's parliament, in the latest effort to support the world's second-largest economy as its momentum slows. The final HSBC/Markit Purchasing Managers' Index (PMI) climbed to 50. ... More »

  • Asia edges up after China rate cut, euro sags
    Asia edges up after China rate cut, euro sags 2 hours 48 minutes ago

    By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks got off to a steady start on Monday as soft U.S. data was partially offset by a weekend interest rate cut by China, while the dollar hit a five-week high against the euro. China on Saturday stepped up its easing tempo and cut its lending and deposit rates as the world's second largest economy tries to ward off deflation. "News of China’ rate cut should help buyer mood this morning, compensating for a weak lead from the US market," said Ric Spooner, chief market analyst at CMC Markets in Sydney. In some senses this rate cut is a technical response to the fact that lower inflation is making real borrowing costs more expensive in China," Spooner said. More »

  • More than 30 arrested as Hong Kong anti-China protesters scuffle with polic …
    More than 30 arrested as Hong Kong anti-China protesters scuffle with polic … 2 hours 52 minutes ago

    More than 30 people were arrested as a group of about 400 demonstrators in Hong Kong clashed with police in the latest sign of tensions caused by China's influence in the city. Protesters in Yuen Long, in Hong Kong's New Territories just a stone's throw from mainland China, chanted to "cancel the multiple-entry permit" and "topple the Chinese Communist Party" as they complained about so-called parallel traders, who buy goods in Hong Kong to sell at a profit across the border. Early on Monday, a police spokeswoman said a total of 36 people aged 13 to 74 had been arrested for offences including possessing offensive weapons, assault, disorder, and fighting. The demonstration mirrored others in recent weeks targeting mainland Chinese visitors that have tapped a seam of resentment against China, resulting in calls for greater Hong Kong nationalism and even independence from China, nearly three months after police cleared away the last of pro-democracy street protests in the city. More »

  • China's economic growth expected to slow to 7 percent in first quarter - …
    China's economic growth expected to slow to 7 percent in first quarter - … 3 hours ago

    China's economy is expected to slow to an annual 7 percent in the first quarter of this year, a top Chinese government think tank said in a research report, a sign policy makers will have to roll out more stimulus to support faltering growth. The forecast by the State Information Centre underscored the rationale of Saturday's move by China's central bank to cut interest rates for the second time in less than four months as it steps up efforts to ward off deflation. "Our country's economic growth still faces relatively heavy downward pressure amid structure adjustments," the think-tank said in its research report published in the official China Securities News on Monday. The think tank operates under the purview of China's top economic planner, the National Development and Reform Commission. More »

  • China's Surprise Viral Hit: An Environmental Documentary
    China's Surprise Viral Hit: An Environmental Documentary 5 hours ago

    On Saturday, Chai Jing, a former television journalist from China, released a feature-length documentary film that, unusually for China, took the government to task. Titled Under the Dome, the video featured Chai giving a presentation on stage, using both photographs and slides to examine how China's notorious air pollution got so extreme—and why the Communist Party has failed to fix it. Under ordinary circumstances, the Chinese government might have swiftly removed the video from Youku, China's YouTube, before it could gain much traction. Under the Dome, which is embedded below, has even received praise from senior government officials. More »

  • Prince William To Tackle China Wildlife Trade
    Prince William To Tackle China Wildlife Trade 6 hours ago

    Prince William has arrived in Beijing for the first visit to China of a senior British royal in three decades. The Duke of Cambridge, travelling without his heavily pregnant wife, will spend three days in the country visiting Beijing, Shanghai and an elephant sanctuary in Yunnan Province. The trip, which follows a four-day tour of Japan, is seen as the first significant test of the Prince's diplomatic skills. Trade will be one focus but he is also expected to tackle China's role in ending the illegal wildlife trade. More »

  • Australia says hunt for missing MH370 jet may be called off soon 6 hours ago

    By Matt Siegel CANBERRA (Reuters) - The search for missing Malaysia Airlines Flight MH370 cannot go on forever, Australia's deputy prime minister said, and discussions are already under way between Australia, China and Malaysia as to whether to call off the hunt within weeks. No trace has been found of the Boeing 777 aircraft , which disappeared a year ago this week carrying 239 passengers and crew, in what has become one of the greatest mysteries in aviation history. The search of a rugged 60,000 sq km (23,000 sq mile) patch of sea floor some 1,600 km (1,000 miles) west of the Australian city of Perth, which experts believe is the plane's most likely resting place, will likely be finished by May. Australian Deputy Prime Minister Warren Truss told Reuters that a decision would have to be taken well before then as to whether to continue into the vast 1.1 million sq km area around the primary search zone if nothing has been found. More »

  • 15 artworks stolen from Chinese museum south of Paris 10 hours ago

    PARIS (AP) — French cultural officials say 15 pieces of art have been stolen from a Chinese museum south of Paris, including a replica crown of the King of Siam given to France's emperor in the mid-19th century. More »

  • U.S. deserves 'benefit of the doubt' on getting Iran nuclear deal, Kerry … 10 hours ago

    By Will Dunham and Diane Bartz WASHINGTON (Reuters) - U.S. Secretary of State John Kerry pressed the case on Sunday for completing nuclear diplomacy with Iran despite Israeli opposition, saying the United States deserves the benefit of the doubt on getting a deal that would prevent any need for military action to curb Tehran's atomic ambitions. Two days before Israeli Prime Minister Benjamin Netanyahu is due to address the U.S. Congress to warn against an Iran deal, Kerry delivered a stout defence of talks that are entering a critical phase with a key March 31 deadline looming. Kerry said he hoped Netanyahu's speech does not turn into "some great political football" but said the Israeli leader is "welcome to speak in the United States, obviously." Six powers - the United States, Russia, China, Britain, France and Germany - are negotiating with Iran towards an agreement to restrain Tehran's nuclear programme in exchange for easing economic sanctions. More »

  • Rare objects stolen from Fontainebleau palace's Chinese museum 10 hours ago

    About 15 rare pieces of art were stolen on Sunday morning in the Chinese Museum of the Chateau de Fontainebleau, southeast of Paris, the French culture ministry said. These included a crown of the King of Siam, given to Emperor Napoleon III during the king's official visit to France in 1861 and a Chinese chimera in cloisonné enamel from the reign of Quianlong (1736-1795), it said in a statement. The stolen artefacts came from China and Siam, known as Thailand today, and were collected by Empress Eugenie, Napoleon's wife. The Chateau de Fontainebleau was the residence of French monarchs from Louis VII through Napoleon III and is now a national museum. More »

  • Hong Kong arrests 33 in protest against Chinese shoppers
    Hong Kong arrests 33 in protest against Chinese shoppers 11 hours ago

    HONG KONG (AP) — Hong Kong police arrested nearly three dozen people Sunday after scuffles broke out at a protest in a border town, in the latest example of heightened tensions over the growing influx of mainland Chinese shoppers in the city. More »

  • William arrives for China visit
    William arrives for China visit 13 hours ago

    The Duke of Cambridge has arrived in China for a high-profile trip that will see him highlight the illegal wildlife trade, visit some of the nation's most famous sites and meet a rescued elephant. More »

  • Wukan Votes
    Wukan Votes 13 hours ago

    After decades of corrupt rule, will a Chinese community's remarkable experiment in grassroots democracy succeed? More »

  • Three arrested at Hong Kong anti-China protest, scuffles with police
    Three arrested at Hong Kong anti-China protest, scuffles with police 15 hours ago

    At least three people were arrested as a group of about 400 people in Hong Kong clashed with police in the latest sign of ongoing tensions caused by China's influence in the city. Protesters in Yuen Long, in Hong Kong's New Territories just a stone's throw from mainland China, chanted to "cancel the multiple-entry permit" and "topple the Chinese Communist Party" as they complained against so-called parallel traders, who buy goods in Hong Kong to sell at a profit across the border. A female protester was bleeding from the nose as police dragged her away. The demonstration mirrored others in recent weeks targeting mainland Chinese visitors that have tapped a seam of resentment against China, resulting in calls for greater Hong Kong nationalism and even independence from China, nearly three months after police cleared away the last of pro-democracy street protests in the city. More »

  • Hong Kong rally against Chinese shoppers turns chaotic
    Hong Kong rally against Chinese shoppers turns chaotic 16 hours ago

    Hong Kong police used pepper spray Sunday to break up scuffles between protesters demonstrating against mainland Chinese shoppers and villagers from a border town. The unruly demonstration was the latest ... More »

  • William's China Visit: List Of Dos and Don'ts
    William's China Visit: List Of Dos and Don'ts 17 hours ago

    China is undoubtedly a test of William's diplomatic dexterity with numerous "issues" for him to consider - some to navigate around, others to tackle head on. So what would William's diplomatic take-away notes for China have looked like? -  Hong Kong: Britain once ran Hong Kong, but the Chinese are keen on reminding everyone that they are in charge now. For the following 18 months, the UK was politically frozen out of China. More »

  • China central bank steps up easing tempo as factory activity shrinks
    China central bank steps up easing tempo as factory activity shrinks 18 hours ago

    By Pete Sweeney SHANGHAI (Reuters) - Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy. Cuts to benchmark lending and deposit rates, announced by the People's Bank of China (PBOC) on Saturday evening, pre-empted official data released on Sunday that showed a second consecutive month of shrinking manufacturing activity for February. ... More »

  • China's wild panda population up nearly 17 percent
    China's wild panda population up nearly 17 percent 22 hours ago

    China's population of wild giant pandas jumped nearly 17 percent over a decade -- state media reported, citing an official survey -- with conservation measures credited as being behind the increase. More »

  • China's manufacturing measure shows contraction for February 23 hours ago

    An index that measures China's manufacturing activity went up slightly in February but still showed contraction amid China's economy slowdown, according to official data released Sunday. The latest monthly ... More »

  • China manufacturing shrinks again in February: govt
    China manufacturing shrinks again in February: govt Sun, Mar 1, 2015

    A worker checks a machine making blankets for exports at a factory in Yiwu, east China's Zhejiang province, on January 12, 2015 More »

  • China to cut interest rates by 0.25%: central bank
    China to cut interest rates by 0.25%: central bank Sat, Feb 28, 2015

    A Chinese migrant worker passes by The People's Bank of China as he heads to a bus station in Beijing on May 1, 2013 More »

  • China's central bank cuts rates again to boost economy
    China's central bank cuts rates again to boost economy Sat, Feb 28, 2015

    BEIJING (AP) — China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply. More »

  • Stand-in skipper guides Spanish to fourth leg triumph Sat, Feb 28, 2015

    Stand-in MAPFRE skipper Xabi Fernandez steered his crew to victory after an epic Pacific Ocean battle in the fourth leg of the Volvo Ocean Race on Saturday. The Spanish boat won the 5,264-nautical mile journey from Sanya, China to Auckland by four minutes 25 seconds after more than 20 days sailing. Abu Dhabi Ocean Racing, skippered by Briton Ian Walker, took the overall lead after four legs of nine with their second runners-up spot in a row. Dongfeng Race Team (China), victors in the previous leg to their home port of Sanya, were third. More »

  • China advisory body ousts former top Hu Jintao aide Sat, Feb 28, 2015

    China expelled a disgraced senior aide to former President Hu Jintao from a high-profile advisory body on Saturday, the official Xinhua news agency reported on its website, marking the latest step in a significant political scandal. Ling Jihua heads a Communist Party body charged with reaching out to non-Communists and holds a rank equivalent to vice premier. The largely ceremonial advisory council also dismissed former spy boss Ma Jian and Zhu Mingguo, once a senior official in the southern export powerhouse province of Guangdong, according to media reports. More »

  • Sailing-Stand-in skipper guides Spanish to fourth leg triumph Sat, Feb 28, 2015

    Stand-in MAPFRE skipper Xabi Fernandez steered his crew to victory after an epic Pacific Ocean battle in the fourth leg of the Volvo Ocean Race on Saturday. The Spanish boat won the 5,264-nautical mile journey from Sanya, China to Auckland by four minutes 25 seconds after more than 20 days sailing. Abu Dhabi Ocean Racing, skippered by Briton Ian Walker, took the overall lead after four legs of nine with their second runners-up spot in a row. Dongfeng Race Team (China), victors in the previous leg to their home port of Sanya, were third. More »

  • China cuts rates again in face of weak demand, deflation risk
    China cuts rates again in face of weak demand, deflation risk Sat, Feb 28, 2015

    By Megha Rajagopalan and Kevin Yao BEIJING (Reuters) - China's central bank cut interest rates on Saturday, just days before the annual meeting of the country's parliament, in the latest effort to support the world's second-largest economy as its momentum slows and deflation risks rise. The central bank said the 25 basis point cut in the benchmark interest rate to 5.35 percent - its second cut in just over three months - and a 25 basis point cut in the benchmark saving rate to 2.5 percent would be effective from Sunday. "The focus of the interest rate cut is to keep real interest rate levels suitable for fundamental trends in economic growth, prices and employment," the People's Bank of China (PBOC) said in a statement on its website. More »

  • Sri Lanka concerned by China loans, rules out submarine visits Sat, Feb 28, 2015

    By Ben Blanchard BEIJING (Reuters) - Sri Lanka is concerned with the roughly $5 billion in Chinese loans it has and will send its finance minister to Beijing to discuss the issue, the foreign minister said on Saturday, as he also ruled out future Chinese submarine visits to the country. New Sri Lankan President Maithripala Sirisena has unnerved China with his re-examination of certain projects that China has invested in, including a $1.5 billion (1 billion pounds) "port city" project in the capital Colombo. India, which lost out to China in infrastructure development on the Indian Ocean island, was in particular concerned about the security threat posed by Chinese ownership of land, aggravated by the docking of Chinese submarines in Colombo last year. More »

  • China to push forward market reforms for jet fuel pricing in March Sat, Feb 28, 2015

    China will allow oil companies to play a bigger role in determining the import price for jet fuel from March, the country's top planning body said on Saturday, state media reported. Beijing is set to push forward market reforms of aviation fuel pricing, a National Development and Reform Commission (NDRC) official said, according to Xinhua news agency. Major state-owned oil companies including Sinopec, PetroChina, CNOOC and China Aviation Oil will determine one part of the producer price of jet fuel, Xinhua said. More »

  • China's famed Shaolin temple plans big project in Australia
    China's famed Shaolin temple plans big project in Australia Sat, Feb 28, 2015

    BEIJING (AP) — China's Shaolin Temple, historically known for its martial arts traditions but which recently has gained a reputation for aggressive commercialization, is planning to build a $297 million complex in Australia that would include a temple, a hotel, a kung fu academy and a golf course. More »

  • Mexico captures Knights Templar drug cartel leader
    Mexico captures Knights Templar drug cartel leader Sat, Feb 28, 2015

    Mexico's most wanted drug lord Servando Gomez, whose Knights Templar cartel smuggled drugs to the US and iron ore to China, was finally captured, without a shot fired. More »

  • China's latest survey finds increase in wild giant pandas
    China's latest survey finds increase in wild giant pandas Sat, Feb 28, 2015

    BEIJING (AP) — Wild giant pandas in China are doing well. More »

  • China jails ex-vice governor 17 years on graft charges Sat, Feb 28, 2015

    BEIJING (AP) — A former Chinese vice governor known for his appetite for jade and arts was sentenced to 17 years in prison on corruption charges on Saturday, a Chinese court said. More »