Study: China, India's biofuel plans could cause water shortages

The China Post - China's and India's plans to produce more biofuels could cause shortages of water, which is needed for crops to feed their growing populations, according to study results released Thursday. Full Story

United States seeks World Trade Organization probe of Chinese curbs

The China Post - The United States will ask for a formal investigation of Chinese restrictions on the sale of American movies, music and books, which would be the fourth World Trade Organization case Washington has launched against Beijing in little over a year. Full Story

China censor's grip tightening on Internet

The China Post - Internet censors in China are becoming more systematic and sophisticated in how they monitor the Web and eradicate content deemed sensitive, according to a Chinese technician working for an Internet firm. Full Story

Google rules Net search world: study

The China Post - Google is king of Internet search worldwide but rivals in China and South Korea have become powerhouses in their respective countries, a comScore study revealed Tuesday. Full Story

China has 106 billionaires compared to 15 last year: report

The China Post - China now has 106 billionaires, seven times as many as last year, according to a list published Wednesday that underlined the rapidly growing economic muscle of the Asian giant. Full Story

China No. 2 in billionaires as assets boom: researcher

The China Post - China has more billionaires than any country except the United States, as soaring stock and property prices helped to boost wealth among the country's super-rich, researcher Rupert Hoogewerf said Wednesday. Full Story

Starbucks won't halt products made in China after recall

The China Post - Starbucks Corp., the world's largest coffee-shop chain, won't stop sourcing products from China after recalling children's cups with animal faces, some of which broke and caused choking. Full Story

Bureaucratic red tape thrives in India's boom

The China Post - When Ashok Kheny decided in 1995, after 15 years in the United States, to return to India and take up a US$700 million project to build a road and new townships, he dreamed of creating something unique. Full Story

China majors come home to tap markets

The China Post - A massive two-year boom in China's stock market has the country's blue-chip companies swooping home to cash in on a nation gripped by investment fever. Full Story

Child shareholders of China bank draw concern

The China Post - A Chinese bank has confirmed it had dozens of shareholders below the age of 18, including a 10-year-old, drawing questions and criticism from financial experts and Internet users, Chinese media reported Wednesday. Full Story

Hong Kong aims to become hub for Islamic finance

The China Post - Hong Kong's chief executive said Wednesday the city would look to emulate Malaysia and Singapore as a center for Islamic finance, in an effort to grab a slice of the thriving market. Full Story

European Union backs China plan in bid to avoid new 'Bra Wars'

The China Post - Looking to avoid a repeat of the "Bra Wars" debacle of 2005, the European Union on Tuesday backed a deal with China for tight checks on textiles imports when the bloc's quotas expire on Jan. 1. Full Story

European urges flexibility from China over exchange rates

The China Post - China came under European pressure on Tuesday to allow its currency to trade more freely on foreign exchange markets amid growing concerns that the Asian giant is destablizing the global economy. Full Story

Rare blue diamond smashes auction record

The China Post - A rare, flawless blue diamond has been snapped up at a Sotheby's sale here for US$7.98 million, making it the most expensive gemstone in the world per carat ever bought at auction. Full Story

Buffett cuts PetroChina stake for 6th time

The China Post - Warren Buffett's Berkshire Hathaway Inc. sold HK$2.8 billion (US$364 million) of PetroChina Co. shares, the biggest reduction in his stake since the U.S. billionaire first invested in China's largest oil producer. Full Story

Asia-Pacific on track to meet MDGs

The China Post - The Asia-Pacific region is on track to achieve the Millennium Development Goals (MDGs), which include reducing poverty into half by 2015, according to a progress report released by the Asian Development Bank (ADB) and the United Nations on Monday. Full Story

Forbes says 26-year-old woman China's new richest person

The China Post - A 26-year-old woman worth US$16.2 billion (euro11.5 billion) is mainland China's richest person, the business magazine Forbes said Monday, topping a list of tycoons whose wealth has soared amid a boom in stock and property prices. Full Story

China closes coal plants to cut pollution, meets targets

The China Post - China closed 9,030 megawatts of small coal-fired power plants in the first nine months, meeting 90 percent of an annual target to eliminate inefficient, polluting energy facilities. Full Story

China may send team to Manila over food scandal

The China Post - China may send a team of food-safety experts abroad for the first time after Filipino children fell ill from eating Chinese-made milk candies, state media said Monday. Full Story

China offers surprise hope in climate change fight

The China Post - Teenager Zhu Xiaotong's home a few hours' drive outside Beijing is a world away from the acrid air and snarling traffic jams that have come to dominate China's energy hungry capital. Full Story

Chadians dream of better life — in China

The China Post - It was mid-morning in one of the poorest countries on earth, and the daily traffic of battered trucks, motorcycles and donkeys bounced along the lumpy sand streets of this hot desert town. Full Story

China's CNPC invests in oil refinery in Chad

The China Post - China's largest oil producer, China National Petroleum Corp. (CNPC), has agreed to invest in a joint venture oil refinery near the capital of Chad, state media reported Saturday. Full Story

China Shenhua to start trading in Shanghai

The China Post - China Shenhua Energy Co., the country's largest coal producer, will begin trading in Shanghai on Oct. 9, following the largest share sale worldwide this year. The Shanghai shares will have the ticker 601088. Full Story

China's oil imports up 18% in first 8 months

The China Post - China's net oil imports to fuel its booming economy rose 18.1 percent in the first eight months of this year, a state news agency reported Sunday. Full Story

Investors snap up China Digital shares on de

The China Post - China Digital TV Holding Co.'s shares spiked 75 percent in their first day of trading on Friday, as investors embraced the company's initial public offering on the promise of China's growing digital television market. Full Story

Tide turning in product safety: official

The China Post - China's crackdown on unsafe goods and food was showing results and international opinion over the problem was shifting in the nation's favor, a senior official said, while noting that enforcement remained "uneven." Full Story

Chinese cotton farmers clash with police

The China Post - Cotton farmers in China's far west clashed with police and paramilitary guards over alleged price-fixing by local authorities, injuring 40 people, witnesses and a Hong Kong media report said Friday. Full Story

Non-English Internet addresses expected to undergo live testing

The China Post - Sample addresses in nearly a dozen languages will be added to the Internet's central directories as early as next week, paving the way for Web surfers around the world to get online without knowing any English. Full Story

China's Alibaba.com wins HK IPO approval

The China Post - Alibaba.com, China's largest e-commerce company, has won approval from the Hong Kong Stock Exchange for a long-anticipated IPO expected to be worth roughly US$1 billion, sources familiar with the deal said. Full Story