Officers guard the scene at a shooting where two New York City police officers were killed execution-style on Saturday afternoon as they sat in their marked police car on a Brooklyn street corner. The suspect, who killed his girlfriend in Baltimore earlier in the day, was apparently motivated by the controversial deaths of Eric Garner and Michael Brown, both of whom were killed by police officers. Spencer Platt / Getty Images VIA AFP
China is poised to become a net capital exporter for the first time, with total overseas direct investment exceeding foreign direct investment by the end of the year, the head of a top Chinese think tank said at a forum on Sunday.
China will widen the opening-up of its financial sector by relaxing control over market access for foreign-funded banks, the State Council announced on Saturday in its latest decision to revise regulations on the administration of such banks.
Editor's Note: The insightful observations on major initiatives and issues outlined in these five pages present snapshots of the major trends in 2014 and what can be expected in the coming 12 months.
Editor's Note: The following is an excerpt of the speech by Chinese Premier Li Keqiang at the opening session of the Greater Mekong Subregion (GMS) Summit in Bangkok on December 20, 2014.
The Democratic People's Republic of Korea said on Saturday US accusations that it was involved in a cyberattack on Sony Pictures were "groundless slander", and it wanted a joint investigation into the incident with the United States.
China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.
China's railway construction companies have been among the mainstays of the country's investment-dominated economy for the past two decades, but the domestic market is no longer as central to them as it used to be.
Early Thursday afternoon, a group of actors was busy working on the original Chinese opera, Visitors on the Snow Mountains, which will run from Wednesday to Sunday at the National Center for the Per-forming Arts.
Bayern Munich will start 2015 with a record 11-point lead in the Bundesliga, sparking debate over how to stop Germany's top flight becoming boring.
The number of light vehicles assembled in China is expected to reach 23.5 million in 2015, a 10.6 percent increase compared to 2014, according to Autofacts, PricewaterhouseCoopers' automotive analyst group.
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