Henry Sanderson News
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North Korea freed a Chinese fishing vessel and its crew after the boat’s owner posted updates on his microblog account saying that he’d been told to pay a 600,000- yuan ($97,800) ransom to win their release.
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Greek Prime Minister Antonis Samaras promised to give the “red-carpet treatment” to foreign investors as he visited China to help revive an economy that contracted for the 19th straight quarter.
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Protests in Shanghai forced a battery-maker to abandon plans for a factory on the outskirts of the city, in a victory for citizens wary of assurances that such projects won’t pollute the environment.
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China’s Communist Party fired a vice chairman of the economic planning agency who is suspected of “severe disciplinary violations,” after a Chinese journalist posted allegations that he had improper business dealings.
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Chinese movie director Zhang Yimou, who directed the opening ceremony for the 2008 Beijing Olympics, is being investigated for violating the country’s one-child policy, the official Xinhua News Agency reported.
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China’s government is encouraging people to report corruption by filing anonymous tips on the Internet, as the Communist Party presses ahead with a campaign to crack down on official malfeasance.
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The official newspaper of China’s Communist Party responded today to a Pentagon report that accused the Chinese military of cyber espionage by calling the U.S. the “real hacking empire.”
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The risk of a miscalculation in the dispute over North Korea’s nuclear and missile programs has increased, and China takes the tensions “very seriously,” the chairman of the U.S. Joint Chiefs of Staff said yesterday.
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Hu Huaibang, the former head of Bank of Communications Co., has been appointed Communist Party secretary of China Development Bank Corp., according to the CDB’s website today.
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Across the Yalu River dividing China and North Korea, towers that will support a sleek suspension bridge rise south of one that U.S. bombers targeted during the Korean War to prevent China from supplying its ally.
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