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Red Alert Raises Challenges for China in its Fight Against Pollution

Red Alert Raises Challenges for China in its Fight Against Pollution

For the first time, the Chinese government on Monday sounded its air pollution red-alert warning prompting hundreds of millions in Beijing to take precautious measures until Thursday, when strong winds blew smog to the south where it became an issue for millions more. The move serves as another example of how China is becoming increasingly […]

China’s Coal-Plant Upgrades Could Reduce Pollution

China’s Coal-Plant Upgrades Could Reduce Pollution

Upgrades to coal-fired power plants in China would reduce pollution by 60 percent by 2020, the Chinese cabinet announced Wednesday. If they work as intended, the upgrades could cut carbon dioxide emissions by 180 million metric tons. The cabinet also claimed the upgrades will limit the use of raw coal for power plants to around […]

U.S. Congressional Delegation Visits Tibet and Comes Home with a Distorted Picture of the Truth

U.S. Congressional Delegation Visits Tibet and Comes Home with a Distorted Picture of the Truth

When former House Speaker Nancy Pelosi led a surprise congressional delegation to Tibet last month, the Chinese government took major steps to mask its repression of Tibetan sentiment on the ground while framing an orchestrated reality for the visiting parties. Chinese media in Tibet reported that Pelosi “highly praised” the “progress” the ruling Communist Party […]

I.M.F. Designates Renminbi as One of the World’s Main Currencies

I.M.F. Designates Renminbi as One of the World’s Main Currencies

The International Monetary Fund on Monday anointed China’s renminbi as one of the world’s leading currencies in a historic decision. The designation, an accounting unit called special drawing rights, means the renminbi will become more broadly usable in global trade and finance, while China solidifies its position as a global economic power. Central Banks throughout […]

China and Taiwan Exchange Spies After Historic Meeting

China and Taiwan Exchange Spies After Historic Meeting

China and Taiwan have released jailed spies in a measure of mutual goodwill following the historic meeting between Chinese President Xi Jinping and Taiwanese president Ma Ying-jeou. China released Colonel Zhu Gongxun and Colonel Xu Changguo of Taiwan’s Military Intelligence, who were detained for more than nine years. Meanwhile, Taiwan granted advance parole for Chinese […]

Chinese Bank Expansion Challenging U.S. Laws

Chinese Bank Expansion Challenging U.S. Laws

As Chinese banks expand in the U.S., they seem to be bringing with them their secrecy laws and challenging how far U.S. judges can go in accessing records stored in China. In case closely being watched by legal experts, Kering SA’s Gucci and its other luxury brands have issued subpoenas demanding information about transactions made […]

China Ends One-Child Policy

China Ends One-Child Policy

The Chinese Communist Party now will allow all families to have up to two children eliminating a policy that barred several rural couples from having more than one child for more than three decades. The state-run Xinhua news agency broadcasted the announcement made by the party’s Central Committee on Thursday. “I have looked forward to […]

China To Surpass U.S. in Business Travel Spending

China To Surpass U.S. in Business Travel Spending

China is set to surpass the United States in business travel spending by 2016, according to estimates compiled by the Global Business Travel Association Foundation. The findings indicate that corporate expenditure in China on international and domestic travel will increase 11 percent to $322 billion in 2016, exceeding U.S. travel spending of $303 billion. Business […]

Predicting The Future Of Unstable Chinese Economy

Predicting The Future Of Unstable Chinese Economy

China seems to be facing tumultuous times of late as there are a lot of problems coming up. In the last 2 decades, the nation has managed to avert any major financial crisis, but it looks like the days ahead are going to be really hard for the nation. The way the Chinese stock market […]

The Most Purposeful Questions On the Stability Of China

The Most Purposeful Questions On the Stability Of China

China seems to be in a volatile economic and political situation right before the US summit. The world is becoming an anticipating spectator of the oscillating economy of the country and waits for the outcome of this event. Last year China was almost sure to surpass even the US as a rising economic power, but […]

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