China-US US News | CHINA US Focus - Part 7

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07/17/2014

GSK confirms it fired staff for corruption in China in 2001

GlaxoSmithKline said it fired staff in China for bribing officials in 2001 in a case that predates wider allegations of corruption for the British drugmaker in the country by more than a decade. About 30 staff in GSK’s vaccines business were dismissed for bribing Chinese officials, the Financial Times reported on Thursday, after they were [...]

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07/17/2014

Undermining China, One Knockout at a Time

Tensions between the United States and China over cybersecurity have risen as the two countries continue to trade barbs over hacking. But according to an essay on the website of a state newspaper that was widely republished this week, there is, in fact, a longer-running cyberwar underway between the United States and China. And the [...]

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07/17/2014

Tesla’s Expansion in China Gets a Local Assist

Zong Yi, a Chinese businessman with asthma and worries about his country’s pollution problems, happily took delivery of his new electric Tesla Model S sedan in May. His problem: How to get it home. Mr. Zong lives in the southern Chinese boomtown of Guangzhou, where he founded a business that makes energy-efficient equipment like water [...]

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07/17/2014

Britain Urged to Live Up to Responsibilities in Hong Kong

“Time of Uncertainty Begins: Will Beijing Honor Vows?” read the headline on the front page of The New York Times on July 1, 1997, the day Hong Kong returned to Chinese rule. “Vows” refers to the terms China and Britain agreed to in 1984 on Hong Kong’s transfer, including a promise that Hong Kong would [...]

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07/16/2014

Chinese Oil Rig Near Vietnam to Be Moved

A Chinese energy company announced Wednesday that a giant oil rig that was deployed in disputed waters off the coast of Vietnam two months ago had completed its exploration work and would be moved. The China National Petroleum Corporation, a state-owned company, said the billion-dollar rig, known as HD 981, would be relocated to an [...]

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07/16/2014

In China, Beijing Fights Losing Battle to Rein In Factory Production

The “steel king” of this drab city in northeast China was forced to shut down his mill and furlough some 3,000 workers without pay last November after the company’s banks cut off funding. It was a big blow for the magnate, Wang Chaojun. But it was a triumph for Beijing, which last year moved to [...]

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