Kim Jong Il, the second-generation North Korean dictator who defied global condemnation to build nuclear weapons while his people starved, has died, state media reported. A government statement called on North Koreans to “loyally follow” his son, Kim Jong Un.
A bill punishing China over the value of the yuan may well pass in the U.S. Senate, with Congress submitting it to President Barack Obama for his signature, Senate Finance Committee Chairman Max Baucus said.
By most measures, Zhejiang Gonow Auto Co. was one of China’s private-enterprise success stories. Established in 2003, the company produces microvans popular with farmers and sells pickup trucks as far afield as Iran and Peru.
China’s reluctance to restrain North Korea comes with a price, putting it at odds with its three biggest trading partners and threatening to drive South Korea and Japan into a closer alliance with the U.S.
Three drone attacks in Pakistan’s northwestern Khyber Agency killed 20 suspected militants from the Lahkar-e-Islam group, including a commander, Geo TV reported without citing where it got the information.
China’s Communist Party leaders clustered behind closed doors in Beijing today to discuss economic planning and personnel changes that may decide the nation’s next leader and the scope of any political reforms.