Room with 360-degree ocean view: US$40 million

The China Post - Promoters of the "world's most prestigious waterside address" are hoping to catch a wave of interest in luxury apartments aboard an ocean-going liner costing up to US$40 million each. Full Story

Beijing to pull down petitioner's village that is home to thousands

The China Post - Wrongly imprisoned for seven months, Ma Xuecheng came to China's capital seeking reparation and settled in a slum that is home to thousands of fellow petitioners. Full Story

China curbs bank lending to cool economy, inflation

The China Post - China ordered banks to put aside more money as reserves for the seventh time this year to cool lending and investment after inflation accelerated to a 10-year high. Full Story

China's Hu assures Bush on currency

The China Post - Chinese President Hu Jintao assured U.S. President George W. Bush on Thursday that China would continue to reform its currency exchange system and "let the market play an increasing role", the White House said. Full Story

Cyberattacks cause damage, embarrassment

The China Post - Alleged Chinese cyberattacks on U.S. and German government computers are part of an espionage strategy aimed not just at gaining intelligence but causing disruption and embarrassment, Western officials and experts say. Full Story

Mattel recalls another 800,000 toys

The China Post - Mattel Inc.'s reputation took another hit after the world's largest toy maker announced a third major recall of Chinese-made toys in little more than a month because of excessive amounts of lead paint. Full Story

Asian trading partners tangle with China on quality and safety

The China Post - After hearing about dangerous Chinese products elsewhere, Indonesia this summer began testing popular Chinese-made items on its own store shelves. What it found has added to the list of horrors: mercury-laced makeup that turns skin black, dried fruit spiked with industrial chemicals, carcinogenic children's candy. Full Story

Rich Asians set for big 'luxury spending'

The China Post - The affluent young and elderly in the Asia-Pacific region are expected to account for 83 percent of spending on luxury goods and services by 2016, a report said Wednesday. Full Story

Bush says floating yuan would help balance trade

The China Post - U.S. President George W. Bush said Wednesday China could help reduce trade imbalances by floating its currency, and a White House aide said Bush may discuss the thorny issue in a meeting with Chinese President Hu Jintao. Full Story

China may allow HK stock buying in two months

The China Post - China may launch a trial program allowing individual investors to buy Hong Kong-traded stocks within two months, a state-run newspaper reported Wednesday. The report by the China Securities Journal, citing unnamed sources, came amid speculation over when the program would begin. Full Story

Does China's rise boost global economy?

The China Post - The argument that China is stealing jobs from the West is lost on French entrepreneur Jean-Louis Desjoyaux. He is focused on meeting orders piling up from wealthy Chinese for his made-in-France swimming pools. Full Story

China defends its battered toy industry

The China Post - Stung by global recalls, China opened toy factories and a toy-testing lab to foreign media Tuesday, showing off workers in white lab coats scraping paint off plastic toys and twisting the legs and arms of action-figure dolls. Full Story

Bombardier expects strong Chinese demand

The China Post - Executives from plane maker Bombardier said Tuesday they expect strong demand from China as domestic air and business travel grows and the need for smaller-sized aircraft rises. Full Story

China's plan for stock-buying in Hong Kong faces further delays

The China Post - China's plan to allow individual investors to buy Hong Kong stocks faces further delays as top officials were concerned over a possible slump in mainland shares, a report said Tuesday. Full Story

China consumers key to ending reliance: WEF

The China Post - China's booming export-driven economy remains vulnerable to any changes in Western consumption patterns but its burgeoning domestic market could lessen this risk, the World Economic Forum said on Monday. Full Story

China's forex not invested in subprimes

The China Post - None of China's US$1.3 trillion in foreign reserves are invested in the U.S. subprime mortgage industry which in recent weeks has bruised global markets, state press reported Tuesday. Full Story

Mideast-China investment seen 'hampered by culture' at confab

The China Post - Greater investment between the Middle East and China is being hampered by a lack of understanding between the two cultures, a conference in the United Arab Emirates heard on Monday. Full Story

China, India airports struggle to meet air travel boom

The China Post - China and India's air infrastructure is creaking under the soaring demand for air travel and huge investment is needed to satisfy the boom, officials said Tuesday. Full Story

China Construction Bank's IPO plan to be reviewed

The China Post - China's securities regulator will this week review state lender China Construction Bank Corp.'s plan to issue shares in Shanghai in what could be the country's biggest initial public offering so far. Full Story

Shell, PetroChina sign conditional LNG deal

The China Post - Royal Dutch Shell PLC signed a conditional agreement with PetroChina Co. to sell 1 million metric tons of liquefied natural gas a year from the Gorgon project off the coast of Western Australia. Full Story

China: United States, Mexico's WTO complaint driven by politics

The China Post - China said a complaint by the United States and Mexico over Chinese tax breaks that led to a World Trade Organisation investigation was based on a "huge misunderstanding" and political agendas. Full Story

Qatar fund says looking to invest further into Asia

The China Post - State-owned Qatar Investment Authority (QIA), which is reportedly interested in buying almost a third of the London Stock Exchange, said Tuesday it was considering expanding in Asia. Full Story

MSN's China partner wants out of JV

The China Post - The state-owned Chinese partner of MSN, Microsoft's online services group, wants to sell its holdings in the China-based joint venture, state press reported Tuesday. Full Story

China's pork prices to continue until next year

The China Post - China's pork prices, which have helped push inflation to a 10-year high, won't come down significantly until the second quarter of next year, an official said Tuesday. Prices of pork, China's favorite meat, have been driven up in part by an outbreak of blue ear pig disease, which sometimes kills pigs and causes sows to miscarry. Full Story

Flawed tests used on chemical in China clothes

The China Post - A TV consumer program in New Zealand used flawed tests that erroneously showed excessive levels of the chemical formaldehyde in children's clothes imported from China, New Zealand's retailers' association said Tuesday. Full Story

Truss says Chinese imports into Australia are safe

The China Post - Chinese food and other imports into Australia are safe, Australian Trade Minister Warren Truss said Tuesday, according to China's official Xinhua news agency. Full Story

Climate change trickier than trade for APEC

The China Post - Pacific Rim nations bickered Monday over a proposal to curb global warming, with host Australia saying a modest agreement on climate change would be a success. Full Story

China's massive footprint on Africa means commerce, wariness

The China Post - In the sweaty afternoon air of a West African market, shoe-seller Ousman Ka owes his job to China -- or, more precisely, to Lu Hui, the wrinkle-faced Chinese man in the blue sweater vest sitting behind him. Full Story

Carrefour vows to root out graft amid China kickback probe

The China Post - French retail giant Carrefour confirmed in a statement seen Monday that eight Chinese managers are being held by police in a kickback probe and vowed to root out such practices. Full Story

Major expansion of oil refineries planned

The China Post - China is planning a major expansion of its oil refineries to help reduce reliance on imports and keep up with demand, a state-run newspaper reported over the weekend. Full Story

Sinopec still No. 1 on China's top 500 companies list

The China Post - Sinopec, Asia's largest oil refiner, remains China's highest-grossing company, according to an annual list of the country's top 500 firms seen Monday. Full Story

China, European Union: Forex stockpile safe amid subprime fallout

The China Post - China said Monday none of its massive foreign exchange stockpile was invested in the teetering U.S. subprime mortgage sector, while a top EU official predicted the crisis would not choke off economic recovery. Full Story

Use of child labor in China is increasing: report

The China Post - Child labor is growing in China, a monitoring group said Monday, underscoring long-standing concerns voiced by human rights groups and even the International Olympic Committee. Full Story

China vows to clean up toxins amid food scares

The China Post - China will clamp down on foods tainted with illegal and excessive chemicals as it seeks to quell domestic and foreign alarm about toxins in meat, seafood and vegetables, the country's top agriculture official said. Full Story

Australia bans three brands of China toothpaste

The China Post - An Australian state has banned imports of three brands of Chinese toothpaste, saying they contain potentially lethal levels of a toxic chemical. Full Story

Security tightened in Sydney as officials start Asia-Pacific Economic Cooperation summit

The China Post - Police tightened security Sunday ahead of a summit of Pacific Rim leaders that Australia's prime minister said should focus on finding a new path to combat climate change. Full Story

Beijing launches product safety drive

The China Post - Beijing, host of the 2008 Olympic Games, has vowed to shut down unlicensed restaurants and prevent harmful materials from tainting the food supply as part of a nationwide campaign to shore up food and product safety. Full Story

AmCham: Hong Kong pollution woes deterring expats

The China Post - Hong Kong's air pollution is making it more difficult for companies to attract foreign staff to the territory, a survey released on Sunday by the city's American Chamber of Commerce shows. Full Story

China's economic influence now extends from Australia to Africa

The China Post - For nearly three decades, Chinese peasants have left their villages for crowded dormitories and sweaty assembly lines, churning out goods for world markets. Now, China is turning the tables. Full Story

China's leaders launch public energy campaign

The China Post - China's leaders have called on ordinary people to help tackle the "urgent" problem of booming energy demand and massive pollution, which they warn threatens growth, launching a huge propaganda campaign Saturday. Full Story

China begins recall systems for food, toys

The China Post - China's first nationwide recall systems for unsafe food and toys came into effect Friday in one of the strongest steps taken by Beijing to clean up the country's scandal-hit manufacturing industry. Full Story

United States 'substandard' goods found in China

The China Post - China has found microscopic worms in wooden packaging from the United States and uncovered substandard U.S. vitamin pills and fish oil for children, Chinese media said on Friday, in the latest volley of cross border accusations. Full Story

The World Trade Organisation sets up panel to probe China tax regime

The China Post - The World Trade Organisation (WTO) on Friday launched a panel to investigate Chinese tax exemptions and refunds that the United States and Mexico allege give China's businesses an unfair advantage, diplomats said. Full Story

China overtakes Japan in Aussie trade

The China Post - China has overtaken Japan as Australia's number one trading partner, according to official figures released Friday. Full Story