CHINA

China company structure under threat

China company structure under threat

China's securities regulator is asking the government to clamp down on the controversial corporate structure used by companies such as Sina (SINA.O) and Baidu (BIDU.O) to list overseas, and employed in thousands of other investments by foreigners into domestic Chinese companies, four legal sources told Reuters.
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Four F-16C Fighting Falcons from the 115th Fighter Wing, Wisconsin Air National Guard fly over Wisconsin's capital city of Madison during a routine training mission, in this October 18, 2008 file photo.

U.S. to announce F-16 upgrade for Taiwan: lobby group

The Obama administration will tell Congress on Friday it plans to upgrade Taiwan's existing fleet of F-16 fighter jets, said sources involved in a deal likely to anger China while disappointing a Taiwan government that was seeking more advanced aircraft.
Sudden Infant Deaths

Hospital Births Cut Newborn Deaths in China

A new study shows that such deaths fell 62 percent between 1996 and 2008: from 24.7 per 1,000 live births in 1996 to 9.3 in 2008. Researchers surveyed 1.5 million births over the 12-year period.
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EU to Mull Stockpiling Strategic Raws Materials

The European Union will decide in the coming months whether to start stockpiling raw materials that are critical for the bloc's industrial and high-tech production, an EU spokesman said on Friday.
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Molycorp, Sumitomo Break Off Financing Deal Talks

Molycorp Inc (MCP.N) said on Friday it has broken off talks with Japan's Sumitomo Corp with regard to a financing deal, as the investment is no longer necessary for the implementation of its business plan.
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Foreign Miners Being Attracted to Philippines

Foreign investors are bullish in pursuing mining ventures in the Philippines, with few signs of a slowdown in mineral demand from Asian neighbors such as China, but policy bottlenecks are hampering a faster flow of investments to the sector.
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South Korea Still Top World Communications Economy: U.N.

South Korea was the world's most advanced Internet and telecommunications economy in 2010, with high levels of access, usage and skills, while high-speed Web access remained unaffordable in many low-income countries, the United Nations said on Thursday.

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