While, China’s banks are among the largest and most profitable financial institutions in the world, the state-backed banks are also starved for capital after an aggressive lending spree encouraged that the government pushed for.
Templeton International’s Mark Mobius is advising investors to stay with emerging markets, and that China will continue to “fly.”
Yahoo‘s talks to sell back most of its stakes in Alibaba of China and Yahoo Japan to its Asian partners have apparently collapsed.
Chinese security forces have unleashed a harsh crackdown on Tibetan protesters, as Chinese forces fired tear gas at Tibetan protesters in Sichuan province, according to an activist group, just a day after forces fired on a crowd of demonstrators.
The Chinese e-commerce giant Alibaba has hired a Washington lobbying firm as it mulls over a bid for the former Yahoo!
U.S. Vice President Joseph Biden has arrived in China, to discuss the recent deficit-reduction package passed by Congress
U.S. Secretary of State Hillary Clinton has urged other countries to increase their sanctions on Syria to pressure President Bashar al-Assad to stop his brutal crackdown on his country’s protesters
The Chinese government has ordered a media blackout as public discontent mounts over last month’s high-speed train wreck, and the government’s subsequent reaction to the deadly crash
Chinese President Hu Jintao congratulated South Sudan, the world’s newest independent country, and promised strong ties so as to retain access to Sudanese oil
Torrential rains in China have caused major floods that have displaced more than 5 million people, and 170 are reported dead or missing
