BEIJING (Kyodo)--China has abruptly cancelled Foreign Minister Yang Jiechi's meeting set for Tuesday evening with Hiromasa Yonekura, chairman of the Japan Business Federation, without specifying any reason.
British fashion brand Paul Smith plans to open a 5,000 sq ft flagship store in Shanghai as part of its second attempt to crack the Chinese market, five years after losses forced it to retreat from the country.
BEIJING (Dow Jones)--China's production and consumption of electricity fell sharply in April, providing further evidence that the nation's economy may be in for a harder landing than previously anticipated, analysts said.
HONG KONG (Kyodo)--Hong Kong and Japan agreed Monday to promote the export of Japanese agricultural and food products, the territory's trading arm said.
China's powerful chief of domestic security has relinquished day-to-day control of the country's police, courts and spy networks in the wake of the most serious political scandal to hit the country in decades, according to senior Communist party members.
