Rio Tinto CEO resigns over destruction of Aboriginal site 

Rio Tinto CEO resigns over destruction of Aboriginal site 

Rio Tinto announced the resignation of its CEO and two other top execs on Friday over the mining giant's destruction of a 46,000-year-old Aboriginal site to expand an iron ore mine in Australia. The Anglo-Australian firm was facing a growing investor revolt over the destruction of the sacred site in ...

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Chinese official pleads guilty to taking $257.7 million in bribes

Chinese official pleads guilty to taking $257.7 million in bribes

(ATF) Lai Xiaomin, the former chairman of China Huarong Asset Management and a senior banking regulator, pleaded guilty yesterday to charges of bribery, corruption and bigamy, at Tianjin No. 2 Intermediate People's Court. Indeed, Lai, who turned 58 last month, has earned a place in the record books – and ...

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China Hukou reform badly needed to meet new infrastructure plans

China Hukou reform badly needed to meet new infrastructure plans

(ATF) In recent months, as in years prior to the coronavirus epidemic, China has been cutting back its Hukou system. The all important Hukou is a document assigned to each individual where they hail from in China, and where they should live. But in the recent era of mass construction ...

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China slams US for 'dangerous' message to Taiwan's leader

China slams US for 'dangerous' message to Taiwan's leader

China slammed the United States for its "dangerous" decision to congratulate Taiwan's President Tsai Ing-wen on her inauguration on Wednesday, as the self-ruled island became the latest flashpoint between the world's two largest economies. Taiwanese voters handed Tsai a second term with a landslide win in January, a vocal rebuke ...

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Tougher law on bad bosses and a change on mining rights

Tougher law on bad bosses and a change on mining rights

(ATF) A raft of new regulations came into force in China on Friday - May Day – including several that will have an impact on business people. The government allowed changes in regard to mining and mineral rights, enacted stricter penalties for bad bosses who fail to pay migrant workers, ...

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Beijingers rush at chance to get away as alert status lowered

Beijingers rush at chance to get away as alert status lowered

(ATF) Beijing announced on Friday – May Day – that the city is now at alert status 2, down from level 1, the top alert status. This news was met with some enthusiasm as citizens are no longer obliged to wear masks when they go outside. As soon as the ...

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Wuhan's wet markets struggle after lockdown

Wuhan's wet markets struggle after lockdown

At a large food market in the Chinese city of Wuhan, signs forbid the selling of wild animals and live fowl, while announcements calling for "victory" over Covid-19 play on a loop from speakers. China's "wet markets" have been slammed internationally as the coronavirus roils the world, with the disease ...

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