China flexed its economic muscle this week at the BOAO Forum for Asia, calling on global monetary diversification and pumping $10 billion into a China-ASEAN infrastructure investment fund. Some Chinese officials claim the economy has "touched bottom" and predict growth to reach 7 percent this quarter (Zheng Xinli), but in ...
At the recent G20 summit in England, China promised $40 bln to IMF's total $750 bln rescue package. China's premiere business magazine Caijing points out this sum, 5.3 percent of the entire $750 billion pledged, is well above China's 3.8 voting share in the IMF. This has left some wondering ...
Recently a group of Chinese Internet users went on a witchhunt to expose a local government official at a media watchdog, posting uploaded receipts adding up to nearly $7000 in dining, entertainment and massage expenses. Dubbed the Liuyang Scandal, Internet users started asking how such a lowly public servant could ...
According to a recent poll by GlobeScan and University of Maryland, views that China's global influence is negative have risen, for the most part. China's view of itself has risen to 92% positive of it's role abroad. In France 70% polled had negative views on the rising power, while Italy ...
A WHO conference convened in Beijing this week to discuss international efforts to fight an increasingly virulent strain of tuberculosis in developing countries. The new drug-resistant strain could have a major impact globally, according to WHO director-general Margaret Chan, who calls the situation "potentially explosive". Currently, 5% of cases of ...
As North Korea launched it’s Taepodong-2 satellite on Sunday morning, US and South Korean leaders condemned the act and urged international stance but UN remains deadlocked about response.
China and the US are flirting with military conflict after last week's confrontation between US Navy Impeccable and Chinese vessels in the South China sea, 120 km off Hainan island, where a submarine base holds China's most sophisticated navy vessel rests.
Asian currencies strengthened this week following an announcement that American banks could stand without government buyout, and optimism about new Chinese and Japanese stimulus packages.
Women's health conference quotes study that 27.3 percent of women their 20s have abortions in China, indicating a lack of sex education.
Association of South-east Asian Nations (Asean) to give unified statement against trade protectionism at a summit next week, and will discuss details of a regional foreign reserve fund pool. Finance ministers in the Asia region are holding bilateral talks in the lead up, showing strategic cooperation to prevent trade protectionism.