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Last Updated: July 7, 2016

China’s Carbon Plans: Secrecy and Oversupply Darken Outlook

Stian Reklev and Kathy Chen
Reuters
The world's biggest emitter of greenhouse gases risks repeating mistakes made in carbon trading in Europe by flooding its pilot markets with free permits.

China Says Over 150 “Economic Fugitives” at Large in the U.S.

Sui-Lee Wee
Reuters
The United States "has become the top destination for Chinese fugitives fleeing the law," the China Daily newspaper said, citing Liao Jinrong, director general of the ministry's International Cooperation Bureau.

China Says Japan Fighter Jets Shadowed its Planes over Disputed Waters

Michael Martina
Reuters
Tension has been high between Asia's two largest economies in recent months, with each accusing the other of flying military aircraft too close to its own jets in a long-running territorial dispute.

China Says Can Build What It Wants On South China Sea Isles

BEN BLANCHARD
Reuters
China can build whatever it wants on its islands in the South China Sea, a senior Chinese official said on Monday, rejecting proposals ahead of a key regional meeting to freeze any activity that may raise tensions in disputed waters there.

China Says Can Build What it Wants on South China Sea Isles

Ben Blanchard
Reuters
China can build whatever it wants on its islands in the South China Sea, a senior Chinese official said, rejecting proposals ahead of a key regional meeting to freeze any activity that may raise tensions in disputed waters there.

China Needs to Import More Food to Ease Water, Energy Shortages

David Stanway
Reuters
China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like Xinjiang and Ningxia

Five Held in China Food Scandal Probe, Including Head of Shanghai Husi Food

BRENDA GOH AND PAUL CARSTEN
Reuters
The five detained include the head of the company—Shanghai Husi Food Co Ltd, a unit of U.S.-based OSI Group LLC—and the firm’s quality manager, the police said in an online statement. It gave no other details.

China Food Scandal Spreads, Drags in Starbucks, Burger King and McNuggets in Japan

ADAM JOURDAN
Reuters
McDonald’s Corp and KFC’s parent Yum Brands Inc apologized to Chinese customers on Monday after it emerged that Shanghai Husi Food Co Ltd, a unit of U.S.-based OSI Group LLC, had supplied expired meat to the two chains.

China's Rich Look Abroad as Home Prices Fall, Others Stay Put

Xiaoyi Shao and Koh Gui Qing
Reuters
"Smart money" checking the exit is a bad omen for any market, especially one considered frothy after a five-year record-breaking bull run, but analysts say there is no reason for alarm yet.

China Widens Anti-Corruption Drive to Officials with Family Abroad

Reuters
Wang Qishan, secretary of its watchdog Central Commission for Discipline Inspection, told investigators to go after “naked officials”, state media said, referring to those who have children or spouses who live abroad. 

China Tells U.S. To Stay Out of South China Seas Dispute

Ben Blanchard
Reuters
China told the United States on Tuesday to stay out of disputes over the South China Sea and leave countries in the region to resolve problems themselves, after Washington said it wanted a freeze on stoking tension.

U.S. Pushes China to Give Ground on Technology Trade Deal

Krista Hughes
Reuters
The United States on Monday urged China to give ground on a deal to eliminate duties on billions of dollars of technology products and said it would use talks in Beijing later this week to push to restart negotiations.

China Says Consensus Reached on $100 Billion BRICS Bank

Reuters
The five BRICS nations have reached a broad consensus on their $100 billion development bank though some differences remain, a senior Chinese diplomat said ahead of a summit in Brazil next week.

Australia Says China Free Trade Deal Likely by End of Year

Michael Martina
Reuters
China and Australia, which have been trying to set up a bilateral free trade agreement for years, are determined to sign a deal by the end of this year, Australia's trade chief said on Tuesday after talks with Chinese leaders.

China's Legendary ‘Crazy Yang’ Oil Trader Dies

Chen Aizhu
Reuters
Legendary Chinese oil trader “Crazy Yang” Qinglong, who started China's oil business with Iran in the 1990s and was renowned as a hard-drinker who bear-hugged Iranian officials, has died, said company officials and former acquaintances.