VIDEO: Over 202 Ugandans Detained in China over Drug Trafficking Kampala, Uganda | NBS | Uganda’s ambassador China Dr. Crispus Kiyonga has decried the increasing number of Ugandans arrested and sentenced to death over drug trafficking in China. About 202 Ugandans are languishing in the different China prisons. Dr. Kiyonga says …
Read More »China Construction Bank profits lifted by economy, debt crackdown
Shanghai, China | AFP | China Construction Bank, one of the country’s “big four” financial institutions, reported a moderate first-half profit rise and improving asset quality as a government crackdown on bad debt kicked in. The bank’s earnings were posted Wednesday night, hours after China’s three other big state-owned lenders announced …
Read More »China merges energy giants into global leader
Beijing, China | AFP | Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said Monday, reportedly creating the world’s biggest power company in terms of capacity. The tie-up between the two state-owned companies — coal producer Shenhua Group Corp. and …
Read More »India says military stand-off with China ends
New Delhi, India | AFP | India said Monday it had agreed with China to end a months-long military stand-off at a strategically important disputed area in the Himalayas and troops were disengaging. The foreign ministry said it had reached an “understanding” after talks with Beijing about the tense confrontation in …
Read More »China urges halt to US-S.Korea military drills
Beijing, China | AFP | China on Monday renewed its call for the United States and South Korea to suspend joint military drills as the two nations began annual war games that have infuriated nuclear-armed Pyongyang. “The current situation on the Korean peninsula is highly sensitive and fragile, which requires the …
Read More »China’s solar panels shine spotlight on North Korea trade
Dandong, CHINA | AFP | Traders from North Korea visit Yuan Huan’s shop in the Chinese border city of Dandong several times a month to place orders, bringing their own translators and wads of cash. Yuan, manager of Sangle Solar Power, said sales to North Koreans have soared in the past …
Read More »US launches formal trade investigation into China
Washington, United States | AFP | The United States on Friday formally launched a trade investigation into China’s intellectual property practices and forced transfer of American technology, which President Donald Trump had called for this week. “On Monday, President Trump instructed me to look into Chinese laws, policies, and practices …
Read More »Alibaba profit nearly doubles on robust revenues
Shanghai, China | AFP |Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men and a …
Read More »China runners brave gawps, pollution and deadly driving
Shanghai, China | AFP | A group of elderly Chinese joggers are pounding along a deserted motorway when suddenly a taxi ploughs into the back of them, knocking them over like skittles. At least one person was killed and the footage from the eastern province of Shandong went viral on Chinese …
Read More »China says N.Korea crisis faces ‘turning point’
Beijing, China | AFP | China said Tuesday that the North Korean nuclear crisis had reached a “turning point” and it was time to enter peace talks. The comments by foreign ministry spokeswoman Hua Chunying came as the verbal sparring between the United States and North Korea took a less bellicose …
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