News

A former executive at a Chinese oil and gas company has avoided prison in the only U.S. criminal case to emerge from a broad accounting probe of China-based companies listed on American stock exchanges.

A landmark U.S. Supreme Court decision in 2013 that made it all but impossible to sue foreign companies in U.S. courts for alleged roles in overseas human rights abuses is proving to be a boon for U.S. firms too, court documents show.

China and Japan should set aside hatred and not allow the minority who led Japan to war to affect relations now, Chinese President Xi Jinping said on Saturday, as the country marked its first national memorial day for the Nanjing Massacre.