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  • Japan moves to counter China, Russia influence in Caribbean

    PORT OF SPAIN, Trinidad and Tobago -- Japan's prime minister met here Monday with leaders and top officials representing 14 Caribbean nations, in a bid to shore up ties in a region where Russia and China have recently made robust overtures of their

    July 29, 2014 04:24 am JST
  • US meat supplier seeks to move past quality scandal in China

    SHANGHAI -- The chief executive of OSI Group, the American parent of a Chinese food supplier found selling expired meat, vowed Monday to ensure that the same problem never happens again. "We take responsibility for the actions of those individua

    July 29, 2014 02:15 am JST
  • Shenyin & Wanguo to buy Hongyuan in Chinese brokerage tie-up

    HONG KONG -- Shenyin & Wanguo Securities will purchase Hongyuan Securities through a share swap, creating China's fifth-largest brokerage by assets. The bid for greater scale comes amid a prolonged slump for mainland stock markets. In a deal v

    July 29, 2014 12:34 am JST
  • China's top 1% controls a third of wealth as inequality grows

    BEIJING -- A recent report by Peking University revealed that the richest 1% of Chinese families own over a third of the country's wealth, illustrating the growing inequality in the economic powerhouse. The report, released by the university's

    July 28, 2014 11:29 pm JST
  • Swapped car badges flag challenges ahead for China-brand cars

    GUANGZHOU, China -- Earlier this month, this reporter spotted a small, silver sedan travelling the opposite way in China's southeastern Guangdong Province. The car had a Nissan Motor badge on its front. But a closer look revealed the model to be

    July 28, 2014 07:00 pm JST
  • China pushes to build Singapore-style economy

    China has set out to reform its economic structure by introducing more market principles into corporate management. Beijing's reform blueprint is designed to support growth of private-sector companies while injecting private capital into state-r

    July 28, 2014 07:00 pm JST
  • China set to lose some e-cigarette production

    BEIJING -- These should be good times for makers of electronic cigarettes. Global sales have surged from almost nothing in 2008 to around $2.2 billion today, and are expected to keep growing at double-digit rates for years to come. Some forecasters,

    July 28, 2014 01:00 pm JST
  • Default scare poses difficult problem for Chinese government

    SHANGHAI -- Concerns about defaults on wealth management products and bonds are increasing in China as its companies' highly leveraged management aimed at boosting profitability on large debts amid tough fundraising environments begins to come apart

    July 28, 2014 01:00 pm JST
  • With cash fleeing China, Beijing finds itself in a pickle

    HONG KONG -- Allegations aired earlier this month have put Beijing in a very tight spot. The allegations came in the form of a news report from China's state broadcaster: One of the country's largest state-owned commercial banks has been helping ric

    July 28, 2014 01:00 pm JST
  • Xiaomi looking to wow world with latest handset

    BEIJING -- Fast-rising Chinese smartphone maker Xiaomi is looking to ramp up its global name recognition with its latest smartphone, which offers a seductive mix of high performance and low cost. But to clear the path for international expansion, th

    July 28, 2014 01:00 pm JST
  • Export-Import Bank of China prices $3B bond: Dealogic

    Export-Import Bank of China on July 25 priced a $3 billion bond via bookrunners JPMorgan, ICBC, HSBC, ANZ, RBS, Barclays, Bank of Communications and Credit Agricole CIB. (Click here for full StatShot report.)Click here for Asia M&A Scoreboard. (

    July 28, 2014 12:38 pm JST
  • Hershey eager to satisfy China's sweet tooth

    NEW YORK -- With a hit product under its belt and a local acquisition in the works, major U.S. chocolate maker Hershey is making headway in its plan to turn China into its next growth driver. Hershey's moves come amid a continuing slowdown in ch

    July 27, 2014 01:00 pm JST
  • State-owned energy, financial entities dominant in Asia

    TOKYO -- State-controlled enterprises have a huge presence in Asia, and their influence is especially strong in finance, energy and other fields essential to development. In China, state-owned or government-affiliated entities occupy nearly 90%

    July 27, 2014 01:00 pm JST
  • Asia's emerging countries need to move away from nepotism, cronyism

    TOKYO -- On April 30, Malaysian business tycoon Liew Kee Sin resigned as CEO of SP Setia, the country's leading property developer, without drawing much public attention. For 18 years, Liew led SP Setia's aggressive drive to develop high-end res

    July 26, 2014 01:00 pm JST
  • China gains on global competition with borrowed technology

    SHANGHAI -- Chinese companies are rapidly strengthening their presence in global markets for large-size industrial products such as trains, nuclear power plants and aircraft. They are selling products to overseas buyers made with the use of adva

    July 26, 2014 01:00 pm JST
  • China-North Korea trade ebbs amid chillier ties

    BEIJING -- Trade between North Korea and China continued to decline in the first half of the year, as relations deteriorated between the Hermit Kingdom and the nation that has long been its most important patron. Bilateral trade value slid 4% on

    July 26, 2014 05:51 am JST
  • Latin American autoparts makers straddling Pacific

    TOKYO -- Autoparts and materials manufacturers from Latin America are gaining a foothold in Asia through business with global carmakers, helping to turn the region into more than just the so-called backyard of the U.S. Mexico has surfaced as a m

    July 26, 2014 05:22 am JST
  • McDonald's Japan tosses Chinese chicken amid safety scare

    TOKYO -- McDonald's Japan has pulled from its menu all eight chicken products shipped from China following revelations that a supplier in Shanghai had used expired meat. The burger chain told all 3,100 of its Japanese locations Friday afternoon

    July 26, 2014 03:36 am JST
  • Singapore and China companies expand the cord blood donor pool

    SINGAPORE -- Cordlife Group, Singapore's leading private cord blood bank, is stepping up its relationship with New York-listed China Cord Blood Corporation (CCBC). The two companies signed a memorandum of understanding on Wednesday enabling them

    July 25, 2014 10:39 pm JST
  • Alicia Garcia-Herrero: EU must end China schizophrenia

    Europe's economic relationship with China is as vast as it is poorly understood. The European Union is China's main trading partner, with two-way trade valued at more than $1.35 billion per day. However the U.S. still clearly dominates China's forei

    July 25, 2014 07:00 pm JST