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07/02/2014

PLA supports graft probe into Xu Caihou

The People’s Liberation Army (PLA) supported the Communist Party of China Central Committee’s decision to expel Xu Caihou from the Party for suspected bribery, the PLA Daily said on Tuesday. Xu, former vice chairman of China’s Central Military Commission, may face prosecution as his case has been forwarded by the discipline agency to prosecutors. The [...]

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07/02/2014

Restrictions loosened in Shanghai trade zone

Authorities in the China (Shanghai) Pilot Free Trade Zone eliminated more than a quarter of the restrictions on foreign investors on Tuesday. The zone’s original “negative list”, which outlines forbidden or restricted areas for foreign investment activities, had been criticized for having too many restrictions and a lack of transparency. “The new list features more [...]

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07/02/2014

HK gov’t urges public to express views in peaceful manner

The Hong Kong Special Administrative Region (HKSAR) government said it respects residents’ freedom and right of expression and has always encouraged the public to express their views through legal channels and in a peaceful manner. In response to Tuesday’s procession, the government said in a statement that if someone contravenes the law or breaches public [...]

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07/02/2014

‘Naked officials’ being uncovered

Campaign against corruption brings into focus people in positions of responsibility whose families are living overseas. But one province is leading the way to ensure that the home alone concept is being tackled, reports Zhang Lei in Beijing. The campaign against corruption is throwing new light on officials who send their wives and children abroad, [...]

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07/02/2014

Japan opens Pandora’s box

By lifting the “ban on collective self-defense” and nullifying the long-standing “exclusively defense-oriented policy”, Prime Minister Shinzo Abe’s Cabinet has effectively gutted the war-renouncing Article 9 of Japan’s postwar Constitution. This is a huge political victory for the adventurous Abe and his right-leaning Liberal Democratic Party. Without the hassle of amending the Constitution, which requires [...]

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06/25/2014

China gov’t struggling to meet fiscal target

China may struggle to make this year’s fiscal revenue target, the finance minister warned on Tuesday. The central treasury received 2.9 trillion yuan (472 billion U.S.dollars) from January to May, a year-on-year growth of 6.3 percent and 0.7 percentage points lower than the budgeted target, said Lou Jiwei, when briefing lawmakers on the final accounts [...]

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