China-US US News | CHINA US Focus - Part 12

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08/29/2014

China, Vietnam Try to Repair Ties After South China Sea Dispute

A Vietnamese envoy’s visit to China this week helped steady ties between the countries after a two-month standoff in the South China Sea, but former Vietnamese officials and security analysts said relief may be temporary amid Beijing’s escalating push to control the disputed waters. Chinese President Xi Jinping attempted to play down tensions between the [...]

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08/29/2014

Media Tycoon Critical of China Is Visited by Hong Kong Antigraft Agency

Officers from the anticorruption agency in Hong Kong searched the home of the media tycoon Jimmy Lai on Thursday morning, a month after leaked documents suggested that he had made substantial donations to local pro-democracy parties and politicians. Mr. Lai is an outspoken supporter of the democracy movement in Hong Kong, whose newspaper, Apple Daily, [...]

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08/29/2014

China says ‘no change’ in policy on improving ties with Japan

China on Thursday rejected remarks by former Japanese prime minister Yasuo Fukuda that Beijing had expressed willingness to improve ties between Asia’s two biggest economies, and said there was “no change” in its policy on Tokyo. Relations between China and Japan have been frayed by rows over the legacy of Japan’s wartime militarism, a territorial [...]

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08/29/2014

China Considers Opening Up Stock Market Further

Beijing is considering expanding a trial program that allows yuan raised offshore to be funneled back into China’s capital markets, part of efforts to internationalize the currency and open up its financial system. Institutional fund managers in Switzerland and Luxembourg may be allowed to join the so-called Renminbi Qualified Foreign Institutional Investor program, according to [...]

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08/28/2014

China says wants to mend ties with Vietnam: Xinhua

A top official of China’s Communist Party told a special envoy from Vietnam on Tuesday the two neighbors should try to rebuild their battered ties after a flare-up over sovereignty in the South China Sea, the official Xinhua news agency said. The visit to Beijing by Le Hongh Anh, a member of the Vietnamese Communist [...]

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08/28/2014

China to Allow Foreign Ownership of Hospitals

China will let foreign companies own and operate hospitals in some parts of the country as part of an effort to overhaul its health-care system. Foreign investors in some parts of the country will be allowed to set up new hospitals or acquire existing ones under a new pilot program, according to a statement issued [...]

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