- Decision Time for Bad Assets Management
A decade after Chinese banks handed 1.4 trillion yuan in bad debt to state-owned asset managers, a debt pile remains while managers ponder the future.
Sinosteel raised its offer to conditionally secure a takeover of iron ore supplier Midwest as part of China's effort to win access to Australian mines.
- Bird Flu Flap: Did It Jump From Son to Dad?
Health officials are debating whether person-to-person transmission of the deadly bird flu virus has occurred in China. But even if it hasn't yet, it may someday.