Number of visitors at Shanghai World Expo reaches 5 million

The number of visitors at the Shanghai World Expo has reached 5 million, Xinhua news agency reported on Monday. Xinhua said the 5-millionth guest visited the Expo on Sunday evening. Experts say tourists have become interested in the exhibits, estimating the number of visitors to reach at least 70 million over the following six months. Russia’s pavilion at the Shanghai 2010 World Expo welcomed its 500,000th visitor on Sunday, a 22-year-old... [more]

Double Crash Horror: Dozens Die In China

A truck travelling on the wrong side of the road ploughed head-on into a bus that turned into a fireball on impact, killing 32 people in China. The collision happened along a section of road undergoing maintenance in Fuxin City, in the northeastern of province of Liaoning. The victims included 29 bus passengers and all three people aboard the truck. Twenty-four other bus passengers were injured, with three in a critical condition. The bus... [more]

Clinton to arrive in Beijing ahead of talks

US Secretary of State Hillary Clinton was to arrive in Beijing Sunday ahead of talks with Chinese leaders on bilateral trade issues and security threats including renewed tensions on the Korean peninsula. Clinton was scheduled to arrive in the capital at 2:50 pm (0650 GMT) and later attend a state dinner hosted by Dai Bingguo, a member of China’s State Council, or cabinet. On Monday, Clinton and Treasury Secretary Timothy Geithner... [more]

As Europe falters, China balks at revaluing yuan

Saleswoman Li Li stood in a booth at the Canton trade fair, surrounded by luggage decorated with floral, leopard and news headline prints like “credit crunch” and “economic disaster looms.” She pointed to one that said “dollar exchange rate” with a chuckle. “We’re all worried about the exchange rate,” said Li, whose Globalway Luggage Co. is based in the eastern port city of Ningbo. “If... [more]

Cosco chief considers more investments in Greece

The president of Chinese port firm Cosco addresses reporters after his talks with Prime Minister George Papandreou. Captain Wei Jiafu said he had received three proposals for new investments in Greece during his three-day visit. The president and chief executive officer of the China Ocean Shipping Company (Cosco), which took over the operation of the two main container terminals at Piraeus in January, said yesterday that he was “satisfied”... [more]

China PM to visit SKorea, Japan in 4-nation tour

Chinese Prime Minister Wen Jiabao will visit South Korea, Japan, Mongolia and Myanmar on a four-nation Asian trip starting later this month, the foreign ministry has confirmed. Wen will attend a three-nation summit with South Korean President Lee Myung-Bak and Japanese Prime Minister Yukio Hatoyama on the island of Jeju in South Korea, ministry spokesman Ma Zhaoyu said in a statement late Friday. The summit, on May 29 and 30, will... [more]

Clinton in Asia as NKorea crisis looms

U.S. Secretary of State Hillary Rodham Clinton kicked off a three-nation tour of Asia on Friday that was supposed to focus on U.S.-China economic issues but is being overshadowed by a crisis over North Korea’s sinking of a South Korean warship. Clinton landed in Japan for the first leg of the tour that will also take her to China and South Korea. At all three stops, her agenda will be dominated by heightened tensions stemming from... [more]

SKorea calls for cautious response to ship sinking

South Korea’s president said Friday his country was caught in a “perfect military ambush” when a NorthKorean torpedo sank a naval warship, but called for a cautious response to the disaster that left 46 sailors dead. President Lee Myung-bak made the comments at an emergency national security meeting convened one day after an official report concluded that North Korea was responsible for the deadly sinking of the South... [more]

Chinese court backs sentence for police chief

A court in southern China upheld the death penalty Friday of a former police chief convicted of taking bribes from local gang leaders. The Chongqing Municipal Higher People’s Court rejected the appeal from Wen Qiang, 55, who was convicted of taking bribes worth millions from gang members while he was director of the Chongqing Municipal Judicial Bureau, a report on the court’s website said. Wen’s case has been the biggest... [more]

New Iran sanctions plan agreed, Hillary Clinton says

The major world powers have agreed on a proposal for new sanctions against Iran, US Secretary of State Hillary Clinton has said. A draft resolution will be circulated at the UN Security Council for ratification, she told the US Senate. The announcement came a day after Iran made a deal with Turkey that would see nuclear material exchanged for enriched uranium in Turkey. The deal was similar to one proposed by the West and its allies last... [more]

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