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.
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.
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.
Duane Morris LLP is establishing a five-lawyer office in Shanghai through Duane Morris & Selvam LLP, its joint law venture in Asia, which will have an emphasis on facilitating outbound investment for Chinese corporations.
Taiwan said it rejected China’s fishing rules requiring foreign vessels to seek permission from China before entering waters near its southern shores and called for reduced tensions in the South China Sea.
A group of Chinese residents of New York who sued the People’s Republic of China last year claiming the government censored their writings asked a federal court in New York for a $17.4 million default judgment because the country didn’t answer the complaint.