China says U.S. human rights report biased


BEIJING - A U.S. congressional commission's criticism of China's human rights record did not "accord with the facts", the Chinese government said on Friday, the latest friction over a long-running thorn in relations.

China makes fresh push for yuan inclusion in IMF basket 09 Oct 2015

LIMA - China made a fresh push for its yuan currency to be included in the International Monetary Fund's benchmark currency basket on Friday and argued that recent reforms put it closer to qualifying.


China warns U.S. it will not allow violations of its waters 09 Oct 2015

BEIJING/WASHINGTON - China said on Friday it would not stand for violations of its territorial waters in the name of freedom of navigation, as the United States considers sailing warships close to China's artificial islands in the South China Sea.

World finance leaders upbeat on China, may be ignoring risks 09 Oct 2015

LIMA - Global finance leaders believe China will weather its slowing growth and manage a successful transition from an export to a consumer economy despite a huge buildup of internal debt in the world's second largest economy.


Osborne sees global risks rising, but sanguine on China 09 Oct 2015

LIMA - Global economic risks are rising and Britain will not be immune, chancellor George Osborne said on Friday, but he said concern about slowing in China should not be overdone, since it was still contributing solidly to growth.


Hungry? China's food delivery apps bite into Yum revival 09 Oct 2015

SHANGHAI - As China's economy stutters, growing numbers of diners on a budget are tapping into smartphone applications to snap up meal delivery deals, spelling big trouble for fast food chains like Yum Brands Inc's KFC and Pizza Hut.


IMF told that amid 'new mediocre' no room for mistakes by central banks 09 Oct 2015

LIMA - Central banks have little room for error in a low-growth world in which over-leveraged and commodity-dependent emerging economies and a slowing China are major risks, top international financiers told the International Monetary Fund's meeting.

China plane maker reveals stealth jet capabilities to lure buyers 09 Oct 2015

BEIJING - China's top aircraft manufacturer has revealed specifications of an advanced stealth fighter jet in a bid to lure foreign buyers, the official China Daily reported on Friday.


China September data likely to show further economic weakness 09 Oct 2015

BEIJING - A deluge of data from China in coming weeks is likely to point to further weakness in the world's second-largest economy, reinforcing expectations that Beijing will roll out more stimulus measures to ward off a sharper slowdown.


Youth unemployment rising in China and Brazil, ILO says 09 Oct 2015

GENEVA - Youth unemployment is coming down in rich countries but rising in China and Brazil as economic growth abates, the International Labour Organization said on Thursday.