China seizes up to $157 bn of unspent local govt budgets: Sources
Angry Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to spend their budget allocations, sources said, as Beijing seek ways to stimulate economic growth which is at its slowest for 25 years.
Sep 14, 2015, 18:15 PM IST
China investigates former free trade zone official
Chinese authorities said Tuesday that a former top official of the country`s first free trade zone (FTZ) in Shanghai was under investigation for violating the law, following months of uncertainty about his fate.
Mar 17, 2015, 16:49 PM IST
Corruption on rise in Turkey, China: Transparency
It pointed to a rise in reports of corruption in Turkey and low rankings for the major emerging economies known collectively as the BRICs.
Dec 03, 2014, 10:36 AM IST
