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.
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.
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.
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.
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.
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.
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.
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
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.
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.
The yuan charge
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