Offstream
news

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

China bans the use of iPhones for government officials resulting in the market value of Apple Inc. stock declining by $200 billion in the past two days.
2023-09-7

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

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's State Administration for Market Regulation issues a link=yes.2 billion ($2.78 billion) fine against technology company Alibaba over anti-competitive practices which forced merchants to choose one of two platforms, rather than being able to work with both.
2021-04-10

Indian Minister of Power R. K. Singh announces that India will halt the importation of US$2.8 billion worth of Chinese power equipment due to heightened tensions between the two nations.
2020-07-3

Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago.
2015-12-9

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