U.S. President Barack Obama sought to keep up pressure for religious freedom on China as he met with the Dalai Lama, balanced with a desire to maintain a working relationship with the Asian superpower.
Less than two decades after China fired missiles into the sea off Taiwan, the first formal meeting between the two sides’ governments may pave the way for discussion of political ties after 65 years of division.
Comments by the leaders of Japan and the Philippines drawing parallels between China’s growing assertiveness in the region and events in pre-war Europe are “not helpful,” said the commander of U.S. air forces in the Pacific.
China and Taiwan officials set a date for talks next month, the United Daily News reported today, paving the way for the first official government-to-government meetings since a civil war six decades ago.
The story of how a 3 billion-yuan ($496 million) Chinese trust investment wound up on the brink of default shows what billionaire investor George Soros has called the “eerie resemblances” between the 2008 global financial crisis and the nation’s debt market.
Huishang Bank, one of three mainland lenders whose shares began trading in Hong Kong last year, said China’s securities regulator is investigating Wen Jinghui, whose resignation as a director is pending.