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    1. China's Xi says Japan friendship 'worth cherishing'

      AFP via Yahoo! NewsMay 23 11:17 AM

      China's President Xi Jinping struck a friendly tone on relations with Japan Saturday, but touched on disputes over history which still add to tensions between the East Asian giants. Ties between Beijing and Tokyo have warmed over the past year, but strains over territorial disputes and attitudes towards wartime history persist. Xi told a forum in Beijing that "peace and friendly cooperation ...

    2. China declares victory in US surveillance overflight

      AFP via Yahoo! NewsMay 22 04:44 AM

      China declared victory on Friday over an encounter with a US surveillance aircraft overflying the contested South China Sea, saying its military "drove away" the intruder with radio warnings. Beijing is in the throes of a rapid land-reclamation programme in the area, building artificial islands and facilities including an airstrip -- raising tensions with Washington and the risk of a standoff on...

    3. China and Peru agree to study transcontinental rail link

      Reuters via Yahoo! NewsMay 23 12:34 AM

      China and Peru have agreed to study the feasibility of a controversial 5,300 km (3,300 miles) transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported. The agreement came as Chinese Premier Li Keqiang arrived in Peru, on the third leg of a Latin America visit.

    4. China-Taiwan talks seek to maintain momentum for closer ties, amid public's skepticism

    5. China contributing experts, troops to disaster relief drills

      Associated Press via Yahoo! NewsMay 22 10:04 PM

      BEIJING (AP) — China is contributing 600 personnel, including 49 from the military, to multinational disaster relief exercises in Malaysia, the first time it has taken part in such an effort, the Defense Ministry said Saturday.

    6. China, India likely to be biggest shareholders in AIIB

      Reuters via Yahoo! NewsMay 22 02:11 AM

      China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank (AIIB) while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations. AIIB said in a statement that it expected to be operational by the end of the year. China's share in the $100 billion lender would be less than 30 percent...

    7. China, US assert rights after exchange over S China Sea

      Associated Press via Yahoo! NewsMay 21 04:55 PM

      BEIJING (AP) — China said Thursday it is entitled to keep watch over airspace and seas surrounding artificial islands it created in the disputed waters of the South China Sea, following an exchange in which its navy warned off a U.S. surveillance plane. The United States said its aerial patrolling was in accordance with international law and "no one in their right mind" would try to stop it.

    8. China's Didi Kuaidi ups stakes in taxi apps war

      Reuters via Yahoo! FinanceMay 22 12:39 AM

      China's dominant taxi-hailing firm Didi Kuaidi will spend 1 billion yuan ($161.39 million) on promotions, the company said on Friday, in an aggressive expansion that will help lure in riders and fend of rivals like U.S. firm Uber Technologies Inc. Alongside the basic cab calling function, users of the Didi Kuaidi app will have access to premium cars, carpooling, designated drivers and a service...

    9. AIIB issue raised in Taiwan-China talks

      AFP via Yahoo!7 FinanceMay 22 11:46 PM

      China's top Taiwan affairs official Zhang Zhijun met his Taiwanese counterpart Saturday, with Beijing's rejection of Taipei as a founding member of a China-led regional infrastructure bank a key issue on the agenda. China last month dashed the island's hopes of becoming a founding member of the Asian Infrastructure Investment Bank (AIIB), though a Chinese foreign ministry spokesman said at the...

    10. China prepares to launch cutting-edge national carbon market to fight climate change

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