Latest China News

Global stocks follow Wall St higher after US inflation rises

Apr. 14, 2021 04:28 AM EDT

BEIJING (AP) — Global stock markets and Wall Street futures rose Wednesday after traders shrugged off higher U.S. inflation and a decline in Japanese machinery orders. London and Paris opened higher while Shanghai, Hong Kong and Seoul rose. Tokyo was off less than 0.5%....

China-drafted electoral reform bill introduced in Hong Kong

Apr. 14, 2021 03:30 AM EDT

HONG KONG (AP) — Hong Kong’s electoral reform bill was introduced in the city’s legislature on Wednesday, setting in motion changes that will give Beijing greater control over the process while reducing the number of directly elected representatives. The bill is...

Ex-US officials arriving in Taiwan amid China tensions

Apr. 14, 2021 03:02 AM EDT

TAIPEI, Taiwan (AP) — A former U.S. senator and two ex-State Department officials will arrive in Taiwan on Wednesday at a time of tense relations with China, Taiwan's Foreign Ministry said. Chris Dodd, a Democratic senator from Connecticut from 1981 to 2011, is coming...

New Zealand bans live cow exports due to welfare concerns

Apr. 13, 2021 23:40 PM EDT

WELLINGTON, New Zealand (AP) — New Zealand announced Wednesday it is banning the export of live cows and other farm animals by sea due to welfare concerns. Agriculture Minister Damien O’Connor said the ban would take up to two years to be fully enforced to give those...

Asian stock markets advance after new Wall St high

Apr. 13, 2021 23:37 PM EDT

BEIJING (AP) — Asian stock markets rose Wednesday after Wall Street hit a high following an uptick in U.S. inflation and an order by regulators to suspend use of Johnson & Johnson's coronavirus vaccine. Shanghai, Hong Kong, Seoul and Sydney rose, while Tokyo was off...

Kerry heads to China for climate talk between top 2 emitters

Apr. 13, 2021 21:53 PM EDT

U.S. climate envoy John Kerry is heading to China for talks between the world's two biggest carbon emitters ahead of President Joe Biden's climate summit of world leaders. Kerry will travel to Shanghai and Seoul, from Wednesday to Saturday, the State Department said in a...

Hong Kong's delayed legislative elections set for December

Apr. 13, 2021 20:33 PM EDT

HONG KONG (AP) — Hong Kong leader Carrie Lam said Tuesday that the semiautonomous Chinese territory's legislative elections will take place in December, more than a year after they were postponed by authorities citing public health risks from the coronavirus pandemic. ...

Column: Olympic boycott chatter shouldn't go any further

Apr. 13, 2021 16:07 PM EDT

It may have been a slip of the tongue, or perhaps a bit of miscommunication in a new administration. That’s little consolation to hundreds of potential Olympians around the country. Just to hear chatter in the nation’s capital about a possible boycott of the Winter...

US intel report: Virus impact to cause global 'aftershocks'

Apr. 13, 2021 15:11 PM EDT

WASHINGTON (AP) — The effects of the coronavirus pandemic are expected to contribute over the next year to “humanitarian and economic crises, political unrest, and geopolitical competition,” according to a new intelligence report that also warns about the threats from foreign...

Grab to list in US via $40 bln merger with Altimeter Growth

Apr. 13, 2021 11:45 AM EDT

HONG KONG (AP) — Southeast Asia’s largest ride-hailing company, Grab Holdings, said Tuesday that it plans to merge with U.S.-based Altimeter Growth Capital in a deal that would value it at nearly $40 billion and allow it to trade on the Nasdaq Stock Market. That would...