China, in the midst of a military buildup challenging the U.S. and Japan, is showcasing its expanded capabilities in the search for Malaysia’s missing plane by deploying hardware from satellites to warships to an icebreaker.
Malaysia, aspiring to become a developed nation in six years, is finding that more than 50 years under one coalition and tight control over information is a mismatch for handling a rapidly growing crisis followed across the world.
China’s stocks fell, sending the benchmark index to its biggest loss in seven weeks, amid speculation that reduced lending to the property industry will curb growth in the world’s second-largest economy.
China’s traffic regulator is preparing a proposal to make the use of child-safety seats in vehicles mandatory in the country to reduce the number of fatalities and injuries in the world’s largest auto market.
West Texas Intermediate reversed earlier gains on concern demand in emerging markets may slow after a Chinese state-owned newspaper said some banks curbed loans to developers in the world’s second-biggest oil user.
China’s stocks dropped, sending the benchmark index to its biggest retreat in five months, amid speculation a weaker property market and falling currency will curb corporate earnings. The yuan sank the most since 2010.
The singling out of three debt types most at risk by the People’s Bank of China has prompted Nomura Holdings Inc. to warn that rising borrowing costs will make it even harder to avoid a default by these issuers.