China gives family in forced abortion case US$11,000
The family of a Shaanxi woman forced to undergo an abortion because she ran afoul of the mainland’s one-child policy has accepted a cash settlement from the government. Feng Jianmei’s husband, Deng Jiyuan, said on Wednesday that the family accepted the settlement of 70,600 yuan (US$11,000) because they wanted to return to a normal life. … Continue reading »
China warns ASEAN not to talk about South China Sea disputes
China warned ASEAN nations to avoid mentioning territorial disputes with the Philippines and Vietnam at a security meeting this week, rebuffing U.S. Secretary of State Hillary Clinton’s call for talks on the issue. Clinton indicated yesterday the U.S. would raise concerns over the South China Sea during meetings in Phnom Penh, Cambodia, where envoys from … Continue reading »
China opens door to foreign hedge funds
China has given foreign hedge funds permission to tap its wealthy citizens inside the country for funds to invest overseas, according to people in the industry. The move represents another important step by China to open its capital account – a process that involves dismantling regulations separating China from international markets. The pace of these … Continue reading »
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