Latest China News

Asian shares mixed after S&P 500 touches all-time high

Aug. 22, 2018 2:38 AM EDT

TOKYO (AP) — Asian shares were mixed Wednesday, as some markets were cheered by bullish sentiments on Wall Street despite concerns about an ongoing trade dispute with China. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.6 percent to finish at 22,362.55. Australia's S&P/ASX 200 lost 0.3 percent...

Image-conscious China appoints new global propaganda czar

Aug. 22, 2018 12:50 AM EDT

BEIJING (AP) — China's increasingly image-conscious government has appointed a trusted member of the ruling Communist Party to head up its international propaganda operation. Former top internet regulator Xu Lin will be in charge of efforts to portray China as a progressive force for good in the world at a...

Heavily pork-reliant China battling African swine fever

Aug. 22, 2018 12:11 AM EDT

BEIJING (AP) — China, the world's largest producer of pork, is battling an African swine fever outbreak that could potentially devastate herds. The disease, which only affects pigs and wild boar, has been detected in at least three locations across the vast country. Thousands of pigs have died or been...

Asian shares mixed after S&P 500 touches all-time high

Aug. 21, 2018 11:37 PM EDT

TOKYO (AP) — Asian shares were mixed Wednesday, as some markets were cheered by bullish sentiments on Wall Street despite concerns about U.S. trade disputes with China. KEEPING SCORE: Japan's benchmark Nikkei 225 gained 0.5 percent in morning trading to 22,321.14. Australia's S&P/ASX 200 lost 0.4...

American reducing number of flights between Chicago and Asia

Aug. 21, 2018 10:50 PM EDT

CHICAGO (AP) — American Airlines is cutting the number of flights from Chicago's O'Hare International Airport to Asia this fall. The Chicago Tribune reports the airline explained it could no longer keep flying the money-losing routes at a time when the costs of jet fuel are so high. The decision means...

Salvador denies asking Taiwan for money before China switch

Aug. 21, 2018 3:12 PM EDT

SAN SALVADOR, El Salvador (AP) — Salvadoran authorities on Tuesday denied having asked Taiwan for money in exchange for maintaining diplomatic relations with the self-governing island, saying its decision to switch recognition to China was due to the enormous advantages of trading with the economic giant....

Alaska seafood organization seeks comments on US tariffs

Aug. 21, 2018 9:29 AM EDT

KENAI, Alaska (AP) — An Alaska seafood organization is encouraging industry members to comment on the proposed U.S. tariffs on products imported from China that could negatively affect the state's seafood industry. The Alaska Seafood Marketing Institute is asking members to comment before the September...

Liu breaks 50-meter backstroke world record at Asian Games

Aug. 21, 2018 8:56 AM EDT

JAKARTA, Indonesia (AP) — Liu Xiang swam a world-record time of 26.98 seconds to win the women's 50-meter backstroke gold medal on Tuesday night at the Asian Games. The 21-year-old Liu, who prefers swimming the freestyle, became the first woman to break 27 seconds in the event, lowering the record of 27.06...

Malaysian PM says China-financed projects canceled

Aug. 21, 2018 5:47 AM EDT

BEIJING (AP) — Multibillion-dollar China-financed projects in Malaysia have been canceled because they aren't needed and will saddle the country with an unsustainable amount of debt, Malaysian Prime Minister Mahathir Mohamad told reporters on the final day of a visit to Beijing on Tuesday. Mahathir told...

Global shares mostly gain, focus on China-US talks, Fed

Aug. 21, 2018 5:17 AM EDT

TOKYO (AP) — Global shares were mostly higher in subdued trading Tuesday, tracking gains in Asia despite doubts over the prospects for resolving the trade dispute between the U.S. and China. KEEPING SCORE: France's CAC 40 climbed 0.5 percent to 5,406.69 and Germany's DAX added 0.5 percent at 12,388.87....