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The overseas wealth of several relatives of senior Chinese leaders has come to light in an International Consortium of Investigative Journalists (ICIJ) report, part of the analysis by a group of media outlets of more than 11 million documents leaked from the Panamanian law firm Mossack Fonseca being called the Panama Papers. ....
In the past weeks, Chinese citizens have learned that the styrofoam boxes from which they eat their lunches will soon be legal. On February 16, the National Development and Reform Commission (NDRC), China’s highest economic policy-making body, changed the Industrial Restructuring Catalog (2011) and removed disposable foam plastic tableware from the list of banned products. On ....
Here is what a court in Urumqi, the capital of China’s western Xinjiang region, concludes Ilham Tohti, a balding, thick-set, 44-year-old professor, did: “Using ‘Uighur Online’ as a platform, and taking advantage of his role as a university professor,” Ilham “spread separatist notions” and “bewitched and coerced” seven of his students to join into an eight-person, web-powered ....
David Wertime:A new strain of avian flu called H7N9 has infected at least seven humans and killed three in provinces near the Chinese metropolis of Shanghai, with the first death occurring on March 4. Meanwhile, in the last month, about 16,000 pigs, 1,000 ducks, and a few swans have been pulled dead from Chinese rivers. ....
On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise decision to allow the value of the renminbi (RMB), China’s currency, to fall several percentage points against the U.S. ....