China
China passed Japan in 2010 to become the world's second-largest economy, a historic shift that has drawn mixed emotions in the two Asian powers.
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Chinese authorities detained dozens of political activists after an anonymous online call for protests in 13 cities, though only a handful of people appear to have shown up to demonstrate.
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Richard Ong, one of Hopu Investment Management's founding partners, is leaving the China-focused private-equity firm to set up his own $2 billion fund, according to people familiar with the situation.
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China was the home of some of the best- and worst-performing stock offerings that hit the U.S. last year. The handful of offerings so far this year have been mediocre, but more companies from China are readying IPOs.
Online deals website Groupon appears to be making preparations to launch operations in China, a move that could shake up the market for group buying.
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China raised gasoline and diesel prices Sunday, a move that is meant to reflect rising international crude-oil prices but that could complicate the government's efforts to combat inflation.
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China's Ministry of Commerce said it seeks to combat 'abnormal' market developments such as serious supply shortages of key goods in Beijing's latest effort to curb inflation.
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Negotiators from the world's leading economies haggled all night over seemingly technical details regarding how to measure global economic imbalances. They eventually produced a 53-word sentence intended to appease all sides—and open to interpretation by all sides.
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The WTO will issue a preliminary report concluding that China has no legal right to impose export restrictions on nine raw materials, say trade diplomats and lawyers familiar with the case.
As coffee-shop chains like Starbucks continue to make their move into the Hong Kong market, dozens of small, independently owned cafes lie hidden on the upper floors of the city's buildings.
The art industry, one of the glitzier pieces of the global economy, seems to have shrugged off the 2009 recession with nonchalance. In 2010, Christie's had the best year in its 245-year history.
HIV/AIDS has been a taboo subject in China since the country's first reported case in 1985. For years, public health departments reported that only homosexuals or promiscuous citizens were at risk—a policy that aggravated the spread of HIV/AIDS among heterosexuals and propagated the idea that only society's outcasts could contract the disease.
U.S. Treasury Secretary Timothy Geithner said Saturday that the Group of 20 largest industrial and developing nations is gradually building consensus on an early-warning system to head off future crises and expressed confidence the group would complete the program.
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After years of resistance, China gave its qualified approval to international scrutiny of its exchange rate policy Saturday, allowing the world's largest economies to keep alive their ambition of creating an early-warning system to head off future crises.
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China will raise gasoline and diesel prices by 350 yuan ($53) per metric ton Sunday to reflect higher international crude oil prices, the National Development and Reform Commission said Saturday, in the country's first gasoline and diesel price increase this year.
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China Forestry Holdings Co. said it has relieved Chief Executive Li Hanchun of his duties at the Hong Kong-listed company with effect from last Monday, shortly after the city's securities regulator sought a court order to freeze his assets following a questionable share sale.
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China's central bank said Friday it will raise banks' reserve-requirement ratio by 0.5 percentage point, the second such increase this year, as inflationary pressures remain in the spotlight.
Federal Reserve Chairman Ben Bernanke fired his most pointed rebuttal yet at foreign critics who say the U.S. central bank's easy money policies are breeding inflation and asset bubbles abroad.
Mubarak had no idea how to counter the power of social media. China, Russia and Iran know better.
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As China tries to rein in spending, the country's financial regulators are making moves to bring off-balance sheet lending back on the books, but will they work?
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