Exclusive – North Korea military back heir but will share power
BEIJING (Reuters) – North Korea’s new young leader will have to share power with an uncle and the military after the death of his father Kim Jong-il as the isolated country shifts to collective rule from strongman dictatorship, a source with close ties to Pyongyang and Beijing said.
The source added that the military, which is trying to develop a nuclear arsenal, has pledged allegiance to the untested Kim Jong-un who takes over the family dynasty that has ruled North Korea since it was founded after world War Two.
China seeks extradition of runaway factory bosses-sources
BEIJING, Dec 8 (Reuters) – China is seeking the
extradition of private entrepreneurs who have fled abroad after
defaulting on billions of yuan owed to state banks and loan
sharks, two independent sources said, a rare move underlining
Beijing’s concern over the scale of losses.
Airports and other border crossings have received lists
containing the names of heavily indebted small and medium
enterprise (SME) bosses who are not permitted to leave the
country, said the sources, who have direct knowledge of the
situation and requested anonymity due to political
sensitivities.
Politics stymie China’s EU aid offer
BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.
China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organization, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.
Exclusive – Politics stymie China’s EU aid offer, sources say
BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.
China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organisation, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.
Exclusive: Politics stymie China’s EU aid offer
BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.
China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organization, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.
Politics stymie China’s EU aid offer – sources
BEIJING (Reuters) – Diplomatic deadlock is curbing China’s will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing’s three key demands, two independent sources have told Reuters.
China had offered help in return for European support to grant it either more influence at the International Monetary Fund, market economy status in the World Trade Organisation, or the lifting of a European arms embargo, said the sources, both of whom have direct knowledge of the matter, including one who has ties to the leadership in Beijing.
Beijing risks public backlash if it rescues Europe
BEIJING (Reuters) – China’s people have a clear message for their government — don’t even think of saving Europe.
Ahead of a G20 summit in France on Thursday, tens of thousands of ordinary Chinese have been venting their anger online, demanding their leaders sort out China’s own problems before bailing out Europe.
Analysis: Beijing risks public backlash if rescues Europe
BEIJING (Reuters) – China’s people have a clear message for their government — don’t even think of saving Europe.
Ahead of a G20 summit in France on Thursday, tens of thousands of ordinary Chinese have been venting their anger online, demanding their leaders sort out China’s own problems before bailing out Europe.
Exclusive: China to reshuffle financial regulators
BEIJING (Reuters) – China’s top banking and insurance regulators have reached retirement age, and a shakeup is expected as early as this week, three independent sources said, a step that would be the first major move in a sweeping reshuffle of the Communist Party leadership that will culminate next year.
Liu Mingkang, chairman of the China Banking Regulatory Commission (CBRC), and Wu Dingfu, chairman of the China Insurance Regulatory Commission (CIRC), have both reached the compulsory retirement age of 65 for officials who hold a rank equivalent to a cabinet minister.
China to reshuffle financial regulators -sources
BEIJING, Oct 28 (Reuters) – China’s top banking and
insurance regulators have reached retirement age, and a shakeup
is expected as early as this week, three independent sources
said, a step that would be the first major move in a sweeping
reshuffle of the Communist Party leadership that will culminate
next year.
Liu Mingkang, chairman of the China Banking Regulatory
Commission (CBRC), and Wu Dingfu, chairman of the China Insurance
Regulatory Commission (CIRC), have both reached the compulsory
retirement age of 65 for officials who hold a rank equivalent to
a cabinet minister.
