US hopes China will agree to talk about SKorea missile defense

By Lesley Wroughton WASHINGTON, Mar 30 : A senior US diplomat said he hopes China will accept an offer for a technical briefing on a new missile defense system the United States wants to deploy in South Korea, a prospect Beijing sees as a threat to its national security. US Deputy Secretary of State Anthony […]

US hopes China will accept missile defense talks

By Lesley Wroughton WASHINGTON, Mar 29 : A senior US diplomat said today he hopes China will accept an offer by the United States for a technical briefing on the possible deployment of a US THAAD missile defense system to South Korea, which worries Beijing. US Deputy Secretary of State Anthony Blinken said deploying a […]

Young Chinese question marriage pressure as divorce rate climbs

By Natalie Thomas BEIJING, Mar 29 : At a registry office in Beijing, Sun Xiangshu and Shi Ci pose for photographs, their wedding certificates in hand, having just officially become man and wife. But like many unions in China this is a marriage that won’t last long. In fact, their wedding is a piece of […]

China bank profits flat-line as bad debts continue to soar

By Shu Zhang and Matthew Miller BEIJING, Mar 28 : China’s Big Four state-run banks this week are set to report annual earnings growth that likely flat-lined after around a decade of terrific profitability, as a surge in soured loans continued unabated while economic expansion weakened. Profit growth has slowed in recent years while the […]

Czechs roll out red carpet for first visit by Chinese president

By Robert Muller and Jan Lopatka PRAGUE, Mar 28 : China’s President Xi Jinping begins a two-day state visit to Prague today to promote business ties, crowning efforts by Czech President Milos Zeman to build a strategic relationship with Beijing. Zeman has been keen to build stronger ties with China and Russia since his election […]

China mutual funds turn to commodities, bet on reforms

By Ruby Lian and Gavin Maguire SHANGHAI/SINGAPORE Mar 28 : China’s mutual fund industry is pushing to develop investment products linked to local commodity futures, betting that plans to fight chronic oversupply in the country’s mammoth resource sector will drive up prices for raw materials. The funds want to branch out beyond their traditional focus […]