China sentences founder of Anbang to 18 years in prison... Chinese state media say a court in Shanghai has sentenced the founder of the Chinese insurance company that owns New York City's Waldorf Hotel to 18 years in prison after he pleaded guilty to fraudulently raising billions of dollars from investors.
China's latest show of military might... The Chinese navy has launched a week of live-fire exercises in the South China Sea, in just its latest show of military might. Just days after revealing it had carried out air force drills in the area, the country has launched the sea-based exercises invo