A Nicaraguan committee approved a proposed route on Monday for a $40 billion shipping channel across the Central American country that would compete with the Panama Canal.
A think tank connected to Zbigniew Brzezinski and Henry Kissinger, the Center for Strategic and International Studies (CSIS), is calling for retooling the U.S. military in preparation of a "great power conflict" with "a...
As we first reported two years ago, one of the primary reasons, if not the main one (there is also the Fed to thank) why the US housing market, and specifically its ultra-luxury segment,...
By 2011, China had at least 4,000 corrupt officials escaping China, according to a report by the China Academy of Social Sciences, China's top official research institute. They took over $50 billion with them, close to $16 million each on average, ac
In Wenzhou - dubbed the capital of China's private businesses - nearly 90 per cent of loan guarantors have failed since the start of the credit crisis arising from the underground banking system, according to the media.
An estimated 180,000 people gather in Hong Kong's Victoria Park for a candlelight vigil memorializing the victims of the Tiananmen Square massacre and calling for the overthrow of the Chinese Communist Party, on June 4, 2014. (Phillipe Lopez/AFP/Get
China designated a clearing bank in Seoul for yuan transactions in South Korea on Friday, coinciding with a visit by President Xi Jinping, as Beijing promotes greater use of its currency overseas, AFP reports.
Few in China knew the truth two years ago, when then-president Hu Jintao travelled to a naval base in the northeastern city of Dalian to mark a signal moment in the rise of Chinese power: the unveiling of the Liaoning, the first aircraft carrier comm
In a rare scene of disorder, Hong Kong authorities cleared out hundreds of protesters who blocked part of the city's financial district, a high-profile reflection of rising anxiety over Beijing's tightening grip on the little enclave of democracy
China's National Audit Office's has reported that Chinese bullion companies using falsified gold transactions have defrauded the government of US$15 billion (CNY94 billion).
Japan took a historic step away from its post-war pacifism on Tuesday by ending a ban that has kept the military from fighting abroad since 1945, a victory for Prime Minister Shinzo Abe but a move that has riled China and worries many Japanese voters
"We often speak of trump card equipment," Lt. Gen. Wang Hongguang, who retired in 2012, wrote in an opinion piece in China's state-run Global Times. He then said that China will use these weapons suddenly, and warned Americans in their "pride and arr
Sovereignty in outer space is always a tricky subject, but out of all the lifeless rocks in the solar system it's safe to say that Mars is more American than most.
As the probe into alleged fraud at Qingdao continues to escalate (with liquidity needs growing more and more evident as Chinese money-market rates surge),...
A little over a month ago, when Russia announced the much anticipated "Holy Grail" energy deal with China, some were disappointed that despite this symbolic agreement meant to break the petrodollar's stranglehold on the rest of the world, neither Rus
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A string of shooting incidents involving Chinese police - leaving at least four people dead - has the public wondering if its rank-and-file police force is really ready to carry guns, as mandated by new regulations.
Well-organized hackers from China have been blamed for everything from crippling pro-democracy websites in Hong Kong to stealing corporate secrets from US companies in recent months.
Primark are investigating an incident in which a shopper discovered a label that read "Forced to work exhausting hours" stitched inside a £10 ($16) dress she had bought from one of the retailer's outlets.
Rebecca Gallagher, 25, has vowed never to
ut these "leverage ratios" are actually far more dangerous and unstable than the pure numbers suggest because the denominator—national income or GDP—-has been erected on an unsustainable frenzy of fixed asset investment. Accordingly, China's so-calle
University professors in the United States have joined their Canadian counterparts in urging universities to cut ties with Confucius Institutes unless the agreements that bring them to campus are re-worked to guarantee academic freedom.
he Misery Index gives a sense of the degree of unaffordability of housing for regular Chinese people, and as such has attracted enormous attention and commentary online. Using income data from the National Bureau of Statistics and house prices from F
With China's shadow banking system's collateral chain's collapsing amid government crackdowns on the ponzi, the 'desperate for liquidity' borrowers have increasingly turned to global capital markets' suckers to fund the next malinvestment.
Another conspiracy "theory" becomes conspiracy "fact" as The FT reports "a cluster of central banking investors has become major players on world equity markets."
China's urbanization plan anticipates that by 2020 urban residents will make up 60 per cent of the total population, compared to 53.7 per cent in 2013 — while urban permanent residents will comprise 45 per cent, compared to 36 per cent in 2013. Chin