China denounces British parliament's inquiry into Hong Kong affairs

SHANGHAI - China denounced the launch of a British parliamentary inquiry into the affairs of Hong Kong that has begun 30 years after the two countries agreed on the return of the financial hub to Beijing.

Jaguar to cut prices on 3 models in response to China's auto probe 25 Jul 2014

SHANGHAI/NEW DELHI - British luxury carmaker Jaguar Land Rover, owned by India's Tata Motors Ltd , said it planned to cut prices on three models in China due to the government's anti-monopoly probe.

China probes more than 25,000 people for graft in first half of year 25 Jul 2014

BEIJING - China investigated more than 25,000 people for corruption in the first six months of 2014, state media said on Friday, amid a nationwide crackdown on graft.

Edelman subsidiary questioned in China TV anchor investigation 25 Jul 2014

BEIJING - An investigation into a celebrity anchorman at state broadcaster China Central Television (CCTV) has widened to a subsidiary of U.S. public relations company Edelman, the subsidiary said on Friday.


China unemployment rate steady at 4.08 percent at end of second quarter 25 Jul 2014

BEIJING - China's urban unemployment rate was 4.08 percent at the end of June, identical with the level in March, the labour ministry said on Friday.

Over half of China military airfields threatened by high-rises 25 Jul 2014

BEIJING - More than half of China's military airfields have flight paths that are obstructed by tall buildings, causing accidents and airport closures, Chinese state media reported on Friday.


Exclusive - China meat supplier faced claims last year over unethical work practices 25 Jul 2014

SHANGHAI - Shanghai Husi Food, the U.S.-owned Chinese food supplier at the centre of a meat safety scandal, won a court case earlier this year against a former quality control officer whose claims included that he was made to forge meat production dates.


Special report - Inside Xi Jinping's purge of China's oil mandarins 24 Jul 2014

BEIJING/HONG KONG - Oil executive Jiang Jiemin rose to power in Communist China in time-honoured fashion: by hitching his star to a mighty mentor.


Official at centre of Chinese oil purge was a politic businessman 24 Jul 2014

HONG KONG - Throughout his career at China's biggest oil producer, Jiang Jiemin was careful to put politics before business, say colleagues who worked closely with the purged executive.


IMF cuts global growth outlook, warns of stagnation risk in rich nations 24 Jul 2014

WASHINGTON/MEXICO CITY - The International Monetary Fund on Thursday chopped its 2014 forecast for global economic growth to take into account weakness early in the year in the United States and China, the world's two biggest economies.

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