North Korean leader Kim Jong Un’s top military deputy met with a senior Communist Party official in China as ties between the allies showed strain over the North’s nuclear ambitions and the seizure of a fishing boat.
Chinese in the earthquake-hit province of Sichuan resorted to instant-messaging apps including WeChat to communicate with family and friends, as overloaded voice networks prevented calls from connecting.
The ranks of China’s ultra-wealthy in its legislature swelled 20 percent this year, highlighting the vested interests that may oppose any measures by incoming President Xi Jinping to reduce the nation’s wealth gap.
China expressed support for a shared economic zone on the North Korean border, signaling the ruling Communist Party wants to maintain ties even as Kim Jong Un’s regime steps up threats to attack South Korea and the U.S.
Apple Inc. Chief Executive Officer Tim Cook apologized to Chinese consumers after two weeks of being lambasted by state-run media for arrogance and poor customer service. The company’s offense? It failed to replace the back covers of iPhones after repairing electronics inside.
The most valuable new book I’ve read this year is Justin Yifu Lin’s “The Quest for Prosperity.” George Akerlof, a Nobel laureate in economics and a man not given to reckless overstatement, calls it “a masterpiece.” I’d say that’s right.