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China says economy making steady progress despite weak data

10 years 1 month ago
A Chinese official has tried to reassure companies and investors the country's growth is stable despite unexpectedly weak data for July, saying the world's second-largest economy is "making steady progress." The spokesman for the National Bureau of Statistics said Friday the weakness in factory output, imports and other activity in July was due largely to summer flooding and other one-time factors.

Chinese billionaire claims arrest was politically motivated

10 years 1 month ago
A Chinese billionaire arrested in a United Nations bribery scandal asserted in court papers Thursday that charges against him were politically motivated, a way for the United States to block his construction of a major U.N. conference center in China and slow the progress of Chinese influence over developing nations.

Drawn-out battle for IS-held Syrian town offers lessons

10 years 1 month ago
As U.S.-backed forces close in on the Islamic State group in the northern Syrian town of Manbij, the extremists have used hundreds of residents as human shields, laying mines and shooting those trying to flee the town near the Turkish border.
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