China offered Japan talks on the safety of aircraft in overlapping air defense zones after U.S. Vice President Joseph Biden urged Asia’s top two economies to set up channels for resolving their disputes.
China’s escalation in its challenge to Japan’s administration of islands near Taiwan reflects an effort to gain greater command of the air and seas in the western Pacific as it builds itself into a maritime power.
China’s economy entered the final quarter of 2013 with an acceleration in manufacturing and exports, momentum that offered confidence to Communist leaders gathering to determine policy shifts for the coming decade.
China’s yuan fell for the first time in seven days after the central bank weakened the fixing by the most since July before U.S. jobs data that’s predicted to bolster the case for a reduction in Federal Reserve stimulus.
A Chinese court sentenced the teenage son of a famous military singer to 10 years in prison for gang rape, closing a case that became a magnet for criticism of the privileged lifestyles of the country’s elite.