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Two stabbed to death at China’s Forbidden City

Two people were stabbed to death Friday at Beijing’s Forbidden City, the vast former imperial palace that is China’s top tourist attraction, by a man who then attempted suicide, police said. The violence at the world heritage site was a brawl among employees, Beijing police said in a post on…

Debt default could cause China to rethink its investment in U.S. dollar assets

A U.S. debt default could spur China to diversify its multi-trillion-dollar foreign exchange reserves, the world’s largest, analysts say, as Beijing seeks to boost its voice in the global economy. A historic default would inevitably lower the value of China’s U.S. dollar assets and have a broader impact on its…

Vietnam seizes massive shipment of illegal ivory

Vietnam has seized two tonnes of illegal elephant tusks found stashed in bags of shells being shipped to China, state media reported Wednesday. Customs officials found the tusks in a shipping container that had been transported to the northern port city of Hai Phong from Malaysia, according to the state-run…

Djokovic says top Asian men’s player is years away

Top-ranked Novak Djokovic says it will be at least five years before Asia can produce a top-ranking men’s player, and greater support for emerging players is the key. Only one Asian is currently among the men’s top 40, number 13-ranked Kei Nishikori from Japan, and he has trained in the…

China’s richest man aims to rival Hollywood

An ambitious studio complex built by China’s richest man will be a major boost for the country’s film industry but experts say it needs more than sprawling grounds to rival Hollywood. Global A-listers Nicole Kidman, Leonardo DiCaprio and Catherine Zeta-Jones showed up on Sunday for the lavish event to showcase…

China’s second-richest man injured in ‘accidental’ knife attack

Multi-billionaire Zong Qinghou, China’s second richest man, was attacked and injured by a would-be job applicant wielding a knife, official media said Wednesday. Zong, China’s richest man until he was dethroned last week, is chairman of the country’s leading beverage producer Wahaha Group. Forbes magazine estimates his personal wealth at…

Popularity of bodybuilding is bulging in China

Their bronzed bodies rippling with tension, gaggles of Chinese bodybuilders preened and performed press-ups backstage before competing for one of the country’s biggest prizes in their discipline. More than 100 men competed at a Bodybuilding Grand Prix this weekend for a top prize worth 80,000 yuan ($13,000). They included at…

Chinese Internet users face up to three years in prison for posting ‘online rumors’

Chinese Internet users could face three years in prison for writing defamatory messages that are then re-posted 500 times under regulations announced Monday amid a broader crackdown on “online rumours”. Web users could also be jailed if offending posts are viewed more than 5,000 times under the new rules, which…

Mexico ships first load of premium tequila to China

Mexico sent its first shipment of 100 percent blue agave tequila to China, hoping to finally break into what sellers say could soon be their second biggest market. The shipment consisted of more than 70,000 bottles of the highest quality tequila, with a total value of more than $400,000, according…

China to launch unmanned lunar lander by end of year: state media

China will send its first probe to land on the moon by the end of the year, space administrators said Wednesday according to state media. Planning and construction for the unmanned Chang’e-3 mission have been completed and it has “officially entered its launch implementation phase” the State Administration of Science,…

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