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    1. China 'building runway in disputed South China Sea'

      AFP via Yahoo! NewsApr 17 6:13 AM

      China is rapidly building an airstrip on an artificial island in disputed South China Sea waters, recent satellite pictures show, potentially ramping up tensions with several Southeast Asian neighbours. Fiery Cross in the Spratly Islands was little more than a reef when China began land reclamation works to turn it into an island in late 2014. Now satellite images taken last week by DigitalGlobe...

    2. China's top anti-graft agency has opened an investigation into former China Telecom Corp Ltd president and chief engineer Leng Rongquan, a 20-year executive and Communist Party member who retired in 2010. Leng is being probed on "suspicion of serious violations of the law", according to a brief statement by the Communist Party's graft watchdog, the Central Commission for Discipline Inspection ...

    3. China suspends bank-technology rules that sparked backlash

      Reuters via Yahoo! FinanceApr 17 2:12 AM

      China's bank regulator temporarily suspended this week new financial industry cybersecurity rules after feedback from banks, showing the practical challenges of the nation's long-term effort to cut dependence on entrenched foreign technology. Although U.S. technology firms, business lobbies and the White House have been the most vocal critics of the new rules, analysts say key opposition also ...

    4. China May Gain Control of South China Sea, U.S. Navy Says

      Bloomberg via Yahoo! FinanceApr 16 20:09 PM

      China’s island building program in the South China Sea may result in it gaining control of some of the world’s most important waterways, the U.S.’s most senior military commander for Asia said. “If this activity continues at pace, is that it -- those would give them de facto control” of the maritime territory they claim, Admiral Samuel Locklear, head of the U.S. Pacific Command, told the U.S ...

    5. China: New bank to enhance international finance system

      Associated Press via Yahoo! NewsApr 17 15:40 PM

      WASHINGTON (AP) — China's proposed infrastructure bank for Asia is intended to complement, not replace, existing lenders dominated by the U.S. and Japan, a senior Chinese official said Friday.

    6. China corporate jet sales 'dire' after graft sweep

      AFP via Yahoo! NewsApr 16 1:14 AM

      China's corporate jet market is facing a "dire" 2015, an aviation consultancy said, as slowing economic growth and a persistent crackdown on corruption batter sales. The number of corporate jets -- also called business or executive jets -- in mainland China rose 16 percent year-on-year to 297 in 2014, independent consultancy Asian Sky Group stated in its annual fleet report. The first US ...

    7. China is reportedly building an airstrip on an artificially created island in a disputed part of the South China Sea, a move the U.S. has warned could raise tensions in the disputed area.

    8. China’s Aluminum Exports Decline in March, Positive for Alcoa

      Market Realist via Yahoo! FinanceApr 17 10:07 AM

      China’s aluminum exports in March were down 3% on a year-over-year basis. In February, aluminum exports increased by more than 150%.

    9. China has suspended a policy that would have effectively pushed foreign technology companies out of the country's banking sector. The NYT reports.

    10. TAIPEI, Taiwan (TheStreet) -- Only in China would a 7% growth rate be considered a major economic slowdown. Most countries would be thrilled to have such a robust economy. And if the U.S. economy were expanding at anywhere near that level -- its GDP grew just 2.4% last year -- the Federal Reserve would already be raising interest rates. Must Read: Warren Buffett's Top 10 Dividend Stocks But in ...

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