Banned chemical leads to recall of medicine

BEIJING – China’s top drug authority ordered the recall at the weekend of an antibiotic medicine that is laced with a banned plasticizer as public concern about plasticizer-tainted products builds. Test results showed that amoxicillin…

Millions hit by flood havoc in China

A makeshift raft provides an effective, if rudimentary, form of transport in a flooded village in Zhuji, Zhejiang province, on Sunday. Days of torrential rain have forced the evacuation of more than 500,000 people in…

The King of Really Big Diamonds Heads to China

   “We make more sales to newer money,” says Laurence Graff, shown above with a 20-carat, emerald-cut white diamond ring. ON this big night out, Gisele Bündchen, darling of the cameras, is decked out in…

The Art World’s ‘Where’s Waldo?’ .

Liu Bolin makes a camouflaged appearance in his ‘Dragon Series’ photos. Chinese artist Liu Bolin disappears inside his works. Mr. Liu, a master of camouflage, has his clothes, shoes, face and hands painted to match…

Foreign banks OK’d to underwrite corporate debt

   HSBC Holdings’ building in the financial district of Hong Kong. The China units of HSBC Holdings and Citigroup Inc have won initial approval to underwrite corporate debt in the country. [Photo / China Daily]…

Chinese debate raising income tax threshold exemption

Chinese citizens around the country have been debating a proposal to raise the threshold for individual income tax exemption to 3,000 yuan per month. The NPC Standing Committee, China’s top legislature, on Wednesday publicized suggestions…

China resumes purchase of US bonds

China bought a net $7.6 billion in US treasury bonds in April, reversing from five consecutive months of net selling, according to the monthly data released Wednesday night by the US Department of the Treasury….