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  1. China claimed today that it was a “series of tricks” played by the U.S. military that prompted the communist nation to refuse a port visit to American warships in Hong Kong recently, but said that the military snub should not be blown out of proportion. “Normally, China does not articulate its reasons, and this has been considered as a diplomatic gesture of expressing its dissatisfaction as well...

  2. China's top graft-busting body rapped the sports ministry again on Wednesday for not taking the country's sweeping campaign against corruption seriously enough, summoning in 17 ministry discipline officials to discuss the problem. Corruption in international sport is in focus due to U.S. and Swiss probes into soccer's world governing body FIFA, as well as doping scandals that have rocked tennis...

  3. China Oil Slump Seen Joining U.S. Slide to Rebalance Market

    Bloomberg via Yahoo! FinanceMay 03 10:20 PM

    China’s falling oil output and sliding U.S. production may help rebalance a market struggling to recover from the worst price crash in a generation, according to Standard Chartered Plc.

  4. China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said on Tuesday. Government stimulus measures, lower commodity prices and low unemployment will help drive regional expansion, the International Monetary Fund said, and called on leaders to push on with reforms...

  5. China and Laos have agreed to step up security cooperation after attacks on Chinese nationals in the poor, landlocked Southeast Asian nation in recent weeks, state media said on Wednesday as Laos' new president visited Beijing. In March, six Chinese nationals were wounded in a bus shooting and a Chinese national was killed and three wounded in an attack by unidentified militants on a Chinese ...

  6. China to carry out more military drills in South China Sea

    Reuters via Yahoo! NewsMay 04 03:58 AM

    China's military will carry out more military exercises in the South China Sea this month involving advanced warships and submarines, state news agency Xinhua said on Wednesday, terming the drills routine. China claims almost all of the energy-rich waters of the South China Sea, through which more than $5 trillion of maritime trade passes each year. Xinhua said the ships, including a new guided...

    China singer performs on disputed island - Philippine Star via Yahoo! Philippines News

  7. China and Hong Kong’s different approaches to stock halts show the limits of the cooperation between the markets. They also offer a peek into how the shares of dual-listed Chinese companies are traded.

  8. China's central bank on Wednesday fixed the yuan currency nearly 0.60 percent weaker against the US dollar, according to the national foreign exchange market, the biggest downward move since devaluing the unit in August last year. The People's Bank of China set the value of the yuan -- also known as the renminbi (RMB) -- at 6.4943 to $1.0, weakening 0.59 percent from the fix of 6.4565 the ...

  9. `China and the U.S. together are doing most of this work.' Output from China, the world’s fifth-largest producer, will average 4.05 million barrels a day this year, down about 253,000 barrels a day from 2015, analysts at the bank including Nicholas Snowdon wrote in a research report.

  10. China's military has a bulging arsenal of ships, warplanes and missiles, but this week, music is its weapon of choice.

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