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    1. China risks creating a "Great Wall of self-isolation" through its continued military expansion in the South China Sea and its hacks on US companies, Pentagon chief Ashton Carter said Friday. Carter's remarks came ahead of his trip next week to an Asian security summit in Singapore, where China's actions in the contested waterway will likely dominate discussions. "China's actions could erect a ...

    2. China said on Friday that Japan's World War II violence is more worthy of remembrance than the atomic bombing of Hiroshima, ahead of a historic visit by US President Barack Obama. Chinese foreign minister Wang Yi said that the massacre of civilians by Japanese troops in the city of Nanjing deserved greater reflection. "Hiroshima is worthy of attention.

    3. China aims to turn some of the islands in the disputed SouthChina Sea into Maldives-style resorts catering for weddings with new developments on areas that don't need a military presence, a state-run newspaper quoted a top official on Friday as saying. China began tourist cruises to the South China Sea on a trial basis in 2013, as part of efforts to cement its claims by boosting the civilian ...

      China pushes 'patriotic' tours in South China Se... - AFP Relax News via Yahoo! News

    4. China's 1.3 billion people are united in their determination never to allow self-ruled Taiwan to become independent, China's top official in charge of ties with the island was quoted as saying on Thursday, in Beijing's latest blast at Taipei. China has repeatedly warned Taiwan's pro-independence Democratic Progressive Party, whose leader Tsai Ing-wen assumed the presidency last week, of negative...

    5. China regulator to launch drug pricing probe in June

      Reuters via Yahoo! NewsMay 26 07:44 PM

      China will carry out wide-ranging pricing inspections on drug firms, hospitals and procurement bodies from June 1, the country's top watchdog said on Friday, extending a tough cost-cutting campaign to reduce the price of healthcare. The National Development and Reform Commission (NDRC) said in a statement it would carry out the probes from June 1 until the end of October, checking the "pricing ...

    6. China April industrial profit growth slows from March

      Reuters via Yahoo! FinanceMay 26 08:04 PM

      Profit growth at China's industrial firms slowed in April, in line with other data for the month which suggested the economy may be losing steam again after picking up earlier in the year. China's industrial firms made 502 billion yuan ($76.59 billion) in profits last month, up 4.2 percent from the same period last year and compared with growth of 11.1 percent in March, the National Bureau of ...

    7. China's 1.3 billion people are united in their determination never to allow Taiwan to become independent, a Chinese official said.

    8. China Stocks Head for Longest Weekly Losing Streak in Four Years

      Bloomberg via Yahoo! FinanceMay 26 06:59 PM

      China’s stocks headed for their longest stretch of weekly losses since July 2012 amid concern a pick-up in earnings growth is losing steam as the nation’s economy slows.

    9. China Flags Room to Boost Government Debt to Support Growth

      Bloomberg via Yahoo! FinanceMay 26 07:34 AM

      China’s government still has room to borrow more to finance the investment and construction needed to shore up economic growth, the Ministry of Finance said.

    10. China to promote anti-corruption efforts at G20: minister

      Reuters via Yahoo! NewsMay 26 02:15 AM

      China will push anti-corruption cooperation when it hosts this year's G20 summit, Foreign Minister Wang Yi said on Thursday, after it suspended an international anti-corruption task force because domestic companies declined to participate. China suspended the task force, which had been drawing up G20 policies for increasing transparency of offshore financial structures, this year after taking ...

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