China News
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China’s manufacturing contracted for a second month in December as global growth faltered and Premier Wen Jiabao prolonged a crackdown on speculation in the housing market, a purchasing managers' index indicated.
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Fosun International Ltd. said it may take legal action after not being offered to buy the stake of partners in a land venture on Shanghai’s historic Bund.
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North Korea told “the world’s foolish politicians” to expect no change from the new regime headed by Kim Jong Un and threatened a “sea of fire” for South Korean President Lee Myung Bak’s administration.
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Bird flu kills more than half the people who catch it. The saving grace of H5N1 is that it’s not easily spread among humans. Almost all of the 600 people who have been infected by the virus in its 14-year history have picked it up from infected poultry.
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