- AFP via Yahoo! NewsSep 03 07:41 AM
China announced it would cut 300,000 troops to streamline its vast army Thursday, at a spectacular WWII anniversary parade where it put its military might on display but pledged to work for world peace. At he presided over an unmistakable show of strength that included the unveiling of "carrier-killer" ballistic missiles, President Xi Jinping vowed the People’s Liberation Army –- the world’s ...
- AFP via Yahoo! NewsSep 03 06:03 AM
China's unveiling of "carrier-killer" missiles and cuts in troop numbers on Thursday underlined its shift towards naval strength amid growing Pacific rivalry with the US, analysts said. More than a dozen anti-ship ballistic missiles capable of travelling at 10 times the speed of sound were shown at a massive military parade in Beijing, with state television calling them a "trump card" in ...
- CNBC via Yahoo! FinanceSep 02 07:20 PM
China is one of the world's top defense spenders so it's no surprise that Thursday's military parade will be showcasing the nation's best.
- BloombergSep 02 04:05 PM
China’s demand for natural gas is on pace to grow at a slower rate than the economy for a second straight year, a fact that bodes poorly for any energy agreements that President Xi Jinping and Russian counterpart Vladimir Putin may sign during a meeting in Beijing today.
- Reuters via Yahoo! FinanceSep 02 04:44 AM
China may launch a global crude oil futures contract as early as October to compete with the existing London Brent and the U.S. WTI benchmarks, three sources said, as it pushes ahead with reforms to open up its oil markets. The long-awaited crude contract would better reflect China's growing importance in setting crude prices, as well as boost the use of the yuan in which it will be traded ...
- AFP via Yahoo! NewsSep 02 10:14 AM
China has approved for release the first film with gay principal characters, the movie's director said, in what some are calling a breakthrough in the country's heavily-censored media. Director Wang Chao announced on Weibo, a Chinese version of Twitter, that censors had given "Seek McCartney" permission for a cinema release. China only decriminalised homosexuality in 1997, but conservative ...
- BBC NewsSep 02 01:48 PM
China has held a lavish parade in Beijing to mark the defeat of Japan in World War Two, showcasing its military on an unprecedented scale.
- Bloomberg via Yahoo! FinanceSep 01 03:00 PM
China-focused hedge funds probably had their worst month in almost 16 years in August, with firms including Orchid Asia Group Management and APS Asset Management Pte suffering losses from the nation’s stock market collapse. Greater China hedge funds plunged an estimated 10 percent in August, putting them on track for their biggest decline since at least January 2000, according to preliminary ...
- CNBC via Yahoo! FinanceSep 03 04:06 AM
China's recent slowdown is "not a surprise," Frederic Oudea, CEO of Societe Generale, told CNBC on Thursday.
- Market Realist via Yahoo! FinanceSep 01 11:56 AM
China’s stock market tumbled again on Monday, August 24. As a result, major stock markets around the globe also plunged. The fear of global slowdown is looming in the minds of the investors.