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Prosecutors in China charge multiple funeral directors with selling more than 4,000 corpses to two major medical companies over several decades. Police seized 18 tonnes of bones and 34,000 semi-finished products, with the thieves having earned around 380 million yuan (US$53 million) before they were arrested.
2024-08-9

The International Monetary Fund (IMF) resumes its US$2.9 billion bailout for Sri Lanka, releasing a $337 million tranche, after the country secures a debt restructuring agreement with China, its largest bilateral creditor.
2023-12-12

Tajikistan approves the construction of a new US$10 million Chinese military base near its border with Afghanistan, and in a separate statement offers to hand over a pre-existing base to China and waive future rent payments on the base in exchange for military aid. The approval comes as the Tajik government expressed concerns about the worsening security situation along the border after the Taliban took over Afghanistan a few months prior.
2021-10-27

Two further Chinese real-estate developers, Fantasia Holdings and Sinic Holdings, with liabilities of $12.8 billion and $14.2 billion respectively, both fail to make bond payments amid tightening resource availability after Evergrande raised investor concerns, and were both downgraded to "CCC" or "substantial credit risk".
2021-10-5

The price of copper exceeds US$10,000 per tonne for the first time since February 2011. Analysts cite a strong demand in China and the weakening of the U.S. dollar for the increase in price.
2021-04-29

China and the United States announced a tentative agreement for the "first phase" of a trade deal, with China agreeing to buy up to $50 billion in American farm products with the United States agreeing to suspend new tariffs scheduled for October 15.
2019-10-11

A Chinese court sentences Zhang Zhongsheng, the former Vice Mayor of Lüliang, Shanxi, to death. Zhongsheng was convicted of accepting bribes totaling 1.04 billion yuan (US$160 million).
2018-03-28

China fines Glaxosmithkline US$490 million for its alleged involvement in a bribery scandal.
2014-09-19

Australian Prime Minister Julia Gillard, on a trip to Shanghai, China, announces that the Australian dollar is set to trade directly with the Chinese yuan, becoming the third currency to do so.
2013-04-8

China loosens controls on the yuan, allowing it to fluctuate up to 1% in trading against the United States dollar, up from 0.5%.
2012-04-15