China’s economy grew by 7.4 percent in the third quarter, missing the government’s target and falling to its slowest rate of growth since the global financial crisis. The figures released by the National Bureau of Statistics on Thursday represent the seventh straight quarter of easing for the world’s second largest economy. Although 7.4 percent growth […]
China’s Economy Slows to 7.4 Percent in Q3
Posted October 17th, 2012 at 11:20 pm (UTC-5)
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Survey Finds Chinese Focused on Quality of Life Issues
Posted October 17th, 2012 at 9:00 am (UTC-5)
People in China are spending more and more time worried about their quality of life. A survey by the Pew Global Attitudes Project finds corruption, inequality and food safety top the list of concerns in China even as most Chinese say their financial situation is better. The survey finds inflation remains the number one concern […]
Philippine President Sees Improved Ties With China After Power Transfer
Posted October 17th, 2012 at 5:35 am (UTC-5)
Philippine President Benigno Aquino says he hopes to see progress in his country’s lingering territorial dispute with China following Beijing’s leadership transition next month. Mr. Aquino told reporters Wednesday that “domestic pressures” in China had complicated efforts to resolve the standoff over a group of uninhabited islets, which flared up in April. “There will be […]
Vietnam’s Government Apologizes for Struggling Economy
Posted October 16th, 2012 at 4:45 am (UTC-5)
Vietnam’s Communist Party has issued a rare criticism of its own performance, apologizing to the nation for the mismanagement of its struggling economy. Party General Secretary Nguyen Phu Trong says the party has admitted it “made some big mistakes,” especially in not preventing “corruption and deterioration” among some of its members. Trong’s comments, which appeared […]
Cambodians Mourn Revered ex-King Sihanouk
Posted October 16th, 2012 at 2:45 am (UTC-5)
Cambodians entered a second day of mourning Tuesday for their revered former king Norodom Sihanouk, as preparations were made to return his body from China. Tearful mourners placed a small wreath outside the royal palace in the Cambodian capital and offered prayers for the man they called “King-Father,” who died of a heart attack in […]
Tokyo: Seven Chinese Navy Ships Near Japanese Island
Posted October 16th, 2012 at 12:50 am (UTC-5)
Japan says it has spotted seven Chinese naval ships near one of its islands, as tensions between the two Asian powers remain high over a territorial dispute in the East China Sea. Japan’s Defense Ministry says the Chinese ships were spotted early Tuesday by Japanese aircraft about 50 kilometers outside Yonaguni Island, Japan’s westernmost island. […]
Asian Powers Increase Military Spending
Posted October 15th, 2012 at 8:20 pm (UTC-5)
A new study shows that over the past decade, five Asian powers have increased military spending to levels among the highest in the world, with China leading the way. The study released Monday by the Washington-based Center for Strategic and International Studies says China has quadrupled its defense budget since 2000. It also says India, […]
Philippines, Muslim Rebels Sign Preliminary Peace Plan
Posted October 15th, 2012 at 3:25 am (UTC-5)
The Philippine government and Muslim rebels waging a decades-long separatist insurgency in the south of the country have signed a preliminary peace deal that outlines steps to end the conflict by 2016. President Benigno Aquino and Moro Islamic Liberation Front Chairman Murad Ebrahim witnessed the signing ceremony Monday in the presidential palace in Manila. Officials […]
Former Cambodian King Norodom Sihanouk Dies
Posted October 14th, 2012 at 8:25 pm (UTC-5)
Former Cambodian king, Norodom Sihanouk, has died at the age of 89. Cambodian government officials say the former leader died of natural causes early Monday , in Beijing, where he was receiving medical treatment. Sihanouk came to the throne in 1941 and went on to rule Cambodia off and on more than 60 years. Sihanouk […]
