Sacked Taiwan official says probe could damage China ties

TAIPEI - A former Taiwan official involved in talks with mainland China until he was sacked said on Thursday any investigation into his handling of relations could damage ties with Beijing.


Business growth slows in China and Europe, Russia sanctions still to bite 11:26am BST

LONDON/BEIJING - Business growth in China and across Europe slowed this month, surveys showed on Thursday, providing more evidence that the world economy is stuttering and may need more monetary stimulus to keep it going.

China tries five cult members for McDonald's murder 10:26am BST

BEIJING - China tried five members of a banned religious group on Thursday for the murder of a woman who was beaten to death at a McDonald's restaurant after she refused to give them her telephone number when they apparently tried to recruit her.

China Resources Enterprise says Tesco JV turnaround to take 3-5 years 10:22am BST

HONG KONG - Retail conglomerate China Resources Enterprise Ltd (CRE) said mainland China's slowing economy means it will take three to five years, longer than expected, to turn around a loss-making tieup with British supermarket firm Tesco .


Toyota to cut prices of Lexus auto parts in China amid anti-trust concerns 7:51am BST

SHANGHAI - Toyota Motor Corp said on Thursday that it would cut prices of auto parts for its luxury Lexus models in China, following similar moves by its German rivals, in response to heightened regulatory scrutiny over anti-trust issues.


China, Japan August factory surveys signal economic softness 7:40am BST

BEIJING/TOKYO - China's manufacturing activity hit a three-month low in August, raising the case for fresh policy steps to keep growth on track, while a Reuters poll showed Japan's economic recovery is likely to be modest despite a small acceleration in the factory sector.


China economy fears deepen as August HSBC flash PMI at 3-month low 5:09am BST

BEIJING - Growth in China's vast factory sector slowed to a three-month low in August as output and new orders moderated, a preliminary private survey showed on Thursday, heightening concerns about increasing softness in the economy.

Bosses of China's state-owned firms face hefty pay cuts -paper 3:18am BST

HONG KONG - Senior executives of China's state-owned enterprises (SOEs) face pay cuts of up to 50 percent under a reform plan approved by President Xi Jin ping, the South China Morning Post reported on Thursday, citing sources.


China says Australian tycoon's attack "irrational and absurd" 1:41am BST

BEIJING/SYDNEY - China's foreign ministry has condemned a verbal attack by Australian mining mogul and politician Clive Palmer as irrational and absurd, after the businessman described China's government as "bastards" who shoot their own people.


Amazon enters free trade zone to boost offering in China - Xinhua 20 Aug 2014

BEIJING - will set up shop in China's Shanghai free trade zone, state media said on Wednesday, aiming to take advantage of less stringent trade regulations to sell a wider range of products in the country.

Track China's Leaders