Posts Tagged ‘China’
China angry at Britain for “stealing” artifacts 150 years ago; takes number, waits behind Greece, Italy, Egypt
BBC News - The strong statement said China did not recognize the 31m euro (£28m, $39m) sale of the bronze rat and rabbit. It also ordered tighter checks on artifacts that Christie's auction house takes into or out of China. The bronzes were sold as part of the estate of late French fashion designer Yves Saint Laurent. Source
“..We hate you guys but there is nothing much we can do.”
FT.com - China will continue to buy US Treasury bonds even though it knows the dollar will depreciate because such investments remain its “only option” in a perilous world, a senior Chinese banking regulator said on Wednesday. China has used the dollars it accumulates selling manufactured goods to US consumers to accumulate the [...]
China warns that a declining economy may result in lower quality of their food and drugs. Lead covered toys anyone?
Chinese officials warned that Chinese food and drug makers my cut corners and ignore quality standards in a declining economy. China has been rocked by a number of scandals in recent years involving unsafe food and drugs which have sometimes killed people and prompted global recalls of Chinese-made goods. At least six children last year died [...]
