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G20's deference for China's economic policies irks Japan


SHANGHAI/TOKYO China dodged criticism of its economic management at a G20 meeting it hosted on the weekend, even winning plaudits for yuan transparency, much to the frustration of Japanese officials who are calling for more reforms from Beijing.

China sets up South China Sea environment protection fund

BEIJING China has set up a 15 million yuan ($2.25 million) environmental protection fund for the South China Sea having already spent double that in the past four years, the Xinhua state news agency said on Monday.

Vanke seals deal with Blackstone, chips in $583 million

HONG KONG Developer China Vanke Co Ltd said on Thursday it and its partners have sealed a $1.9 billion deal with Blackstone Group LP and third parties, with itself putting in 3.89 billion yuan ($583.02 million) to buy their property firms.

Deals, China Jul 21 2016

China Hyundai dealers seek up to $135 million compensation, say automaker reduced supply

BEIJING A group of Hyundai Motor Co dealers in China is seeking 800 million-900 million yuan ($120 million-135 million) in compensation from the South Korean automaker, saying Hyundai has cut the flow of models it exports to them, resulting in dealership losses and closures.

China, South Korea Jul 20 2016

Chambroad boss takes cues from Confucius to manage teapot boom

BOXING, China For Ma Yunsheng, taking care of Mum and Dad is not just a part of doing business, but the key to its success.

Jul 13 2016

Vanke in talks with Blackstone to buy property firms for $1.9 billion

HONG KONG China Vanke Co Ltd and its partners are in talks with Blackstone Group LP and third parties to buy property firms for 12.9 billion yuan ($1.9 billion), the Chinese developer said on Tuesday.

Deals, China Jul 12 2016

False hope? China's military hospitals offer illegal experimental cures

SHANGHAI For student Wei Zexi, the lure of a miracle cure was hard to resist: he was dying from a rare cancer and a well-known Beijing hospital was offering treatment with an 80 percent chance of success and no side effects. It was, the hospital said, the ideal choice.

World, China, Health Jul 11 2016

Floods in China kill almost 130, wipe out crops

SHANGHAI Severe flooding across central and southern China over the past week has killed almost 130 people, damaged more than 1.9 million hectares of crops and led to direct economic losses of more than 38 billion yuan ($5.70 billion), state media said on Tuesday. | Video

Brexit shock may boost, not hinder, yuan internationalization

HONG KONG London's role as a major offshore yuan hub is likely to survive Britain's decision to leave the European Union, but the vote could help foster the Chinese currency's internationalization by encouraging multiple yuan hubs in the bloc.

Jul 06 2016

Exclusive: China to tolerate weaker yuan, wary of trade partners' reaction - sources

BEIJING/SHANGHAI China's central bank would tolerate a fall in the yuan to as low as 6.8 per dollar in 2016 to support the economy, which would mean the currency matching last year's record decline of 4.5 percent, policy sources said.

Jun 30 2016

The yuan charge

Participants wait to perform a dragon dance during a mass fitness programme outside the National Stadium, also known as the Bird's Nest, in Beijing June 20, 2009.

The Obama administration is taking China head on over the yuan. As Congress comes closer to punishing Beijing for not letting the currency strengthen more rapidly, Reuters explains the factors behind the yuan's sudden gains.   Document