Latest China News

Taiwan improves missiles to counter China military expansion

Aug. 17, 2018 10:35 PM EDT

TAIPEI, Taiwan (AP) — Taiwan is responding to China's arms buildup by developing missiles and interceptors of its own that could reduce Beijing's military advantage over the self-ruled island, defense experts say. Since President Tsai Ing-wen took office in 2016, Taiwan has deployed one set of missiles,...

How major US stock indexes fared Friday

Aug. 17, 2018 4:46 PM EDT

U.S. stocks rose late in the day Friday as investors hoped the U.S. and China are making more progress in trade talks. The Wall Street Journal reported that the countries hope to resolve their dispute by November. On Friday: The S&P 500 index rose 9.44 points, or 0.3 percent, at 2,850.13. The Dow Jones...

Stocks jump as hopes rise for progress on China trade talks

Aug. 17, 2018 4:45 PM EDT

NEW YORK (AP) — Stocks rose late in the day Friday as investors welcomed signs of progress in resolving the trade dispute between the U.S. and China. The Wall Street Journal reported that the countries hope to have a resolution by November. Industrial, health care and basic materials companies made some of...

Markets Right Now: Stocks shake off wobbly start, end higher

Aug. 17, 2018 4:12 PM EDT

NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The stock market shook off a wobbly start and ended broadly higher on hopes that China and the U.S. were making progress on resolving their trade dispute. Industrial and health care companies posted some of the...

Global markets lose steam in European trading

Aug. 17, 2018 8:09 AM EDT

TOKYO (AP) — World stock markets turned lower during European trading hours Friday as investors worried again about Turkey's financial trouble, after Asian stocks rose on news China is preparing to resume trade discussions with the U.S. KEEPING SCORE: Britain's FTSE 100 fell 0.3 percent to 7,537 and the...

Plane skids off rainy Manila runway, rips off engine, wheel

Aug. 17, 2018 6:58 AM EDT

MANILA, Philippines (AP) — Passengers of a plane from China that veered off a runway at Manila's airport and lost an engine and a wheel after landing hard in a rainstorm recalled Friday their brush with the terrifying mishap, with some of the 165 people on board expecting the worst. The Boeing 737-800,...

More than 1,000 Google workers protest censored China search

Aug. 17, 2018 3:21 AM EDT

SAN FRANCISCO (AP) — More than a thousand Google employees have signed a letter protesting the company's secretive plan to build a search engine that would comply with Chinese censorship. The letter calls on executives to review ethics and transparency at the company. The letter's contents were confirmed...

Plane skids off rainy Manila runway, rips off engine, wheel

Aug. 17, 2018 1:07 AM EDT

MANILA, Philippines (AP) — A plane from China veered off a runway at Manila's airport while landing in a downpour near midnight then got stuck in a muddy field with one engine and wheel ripped off before the 165 people on board scrambled out through an emergency slide, officials said Friday. Only four...

Asian shares gain on growing hopes for China trade talks

Aug. 17, 2018 12:25 AM EDT

TOKYO (AP) — Asian shares made moderate gains early Friday after U.S. stocks jumped on news China is preparing to resume trade discussions with the U.S., the first negotiations in more than a month. KEEPING SCORE: Japan's Nikkei 225 index added 0.4 percent to 22,275.67, while the Shanghai Composite index...

US authorities seize fake luxury goods shipped from China

Aug. 16, 2018 6:52 PM EDT

NEW YORK (AP) — Federal homeland security agents seized a large haul of counterfeit luxury handbags, wallets and belts smuggled through ports in the New York-city area and Los Angeles, officials said Thursday. U.S. Homeland Security Investigations announced charges in New York City against 33 people in a...