Monthly Archives: October 2013

Life of Pi artwork on display

American painter Alexis Rockman isn’t sure why director Ang Lee developed an interest in his work, but he is certainly happy Lee chose him to be the “inspirational artist” for the film Life of Pi. “I was jumping for joy inside over the possibility [of working on this project],” Rockman said during an event Thursday […]

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China’s US Treasury holdings hit six-month low

China’s holdings of US Treasury securities in August dropped to a six-month low, according to a new report from the US Treasury Department. While China remained the largest foreign holder of US debt, the country cut its holdings by $11.2 billion, bringing August’s total to $1.27 trillion from July’s $1.28 trillion, figures released Tuesday showed. […]

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Border agreement to boost ties

The world’s two most populous nations will try to remove a long-term irritant in their relations by signing a border agreement. The Border Defense Cooperation Agreement may be signed during Indian Prime Minister Manmohan Singh’s visit to China, which starts on Tuesday, Press Trust of India said. The deal, along with Singh’s visit, is a […]

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Iowa, Hebei ‘sister’ visit wraps up

The first time the province has sent so large a delegation on a trade mission  North China’s Hebei province and the Midwestern state of Iowa signed a total of 20 memoranda of understanding in trade and investment on Tuesday as the culmination of a three-day celebration of their sister state relationship participated in by Chinese […]

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China’s Fosun buying NY banking landmark for $725 million

A company headed by a Chinese billionaire is paying $725 million for a banking landmark in New York City’s financial district, the latest high-profile US real-estate deal by a Chinese business. Fosun International – the investment firm controlled by Guo Guangchang – will acquire One Chase Manhattan Plaza, the company said Friday. The 60-story, 2.2 […]

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Extradition deal key to nabbing fugitives

Difficulties remain as Sino-US cooperation far from enough  Signing an extradition treaty with the United States is essential to China’s ongoing efforts to capture and repatriate economic fugitives, a senior security official has said.  Yet experts on both sides said an agreement may be unlikely in the short term, as obstacles and misunderstandings remain over […]

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