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December, 5, 2016

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New York's state bank regulator fined the giant Agricultural Bank of China US$215 million on Friday for violating anti-money laundering laws and obscuring suspicious transactions involving Russia, China, Afghanistan and other countries.
 
China's cabinet issued a new climate plan targeting an 18 percent cut in carbon emissions by 2020 compared to 2015 levels, the same day that the Paris Agreement of nearly 200 countries took effect.
 
Rocket brings space station plans closer: China
China's plans for a permanent space station remain firmly on track with the successful launch of its new heavy-lift Long March 5 rocket that will enable ambitious future missions, including a planned trip to Mars.
 
China unveils J-20 stealth fighter at air show
China's J-20 stealth fighter made its public debut at an air show on Tuesday, in the latest sign of the growing sophistication of the country's military technology.
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Universal Studios breaks ground in China: report
Construction has begun on a US$7 billion dollar Universal Studios theme park in Beijing, state media said Monday, as the studio looks to challenge Disney in China's booming leisure market.
 
China's J-20 stealth fighter makes public air show debut
China's J-20 stealth fighter made its public debut at an air show on Tuesday, in the latest sign of the growing sophistication of the country's military technology.
 
China's Foreign Ministry on Monday confirmed a decision to allow Philippine fishermen access to a disputed shoal following a visit to Beijing by the Philippine president.
 
Philippines, US verifying if Chinese left shoal
The Philippines and the U.S. are verifying if Chinese coast guard ships left a disputed shoal after President Rodrigo Duterte reached out to Beijing, allowing Filipino fishermen back to the rich fishing area that China seized in 2012 as tensions spiked in the South China Sea.
 
China's nearly 4-year-old campaign against corruption is not politically biased and only seeks to defend the interests of the country's 1.3 billion people, a leading Communist Party anti-graft official said Friday.
 
Chinese rally around farmer who killed official
Two years after the leaders of his village razed his home to make way for new development, farmer Jia Jinglong took his revenge with a nail gun.
 
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