China poised to allow Xi to stay in power indefinitely

Proposal to eliminate presidential term limits comes amid consolidation of authorityChina edged closer to a return to one-man rule as the Communist Party prepared constitutional changes that would allow Xi Jinping to serve as president indefinitely.


Chinese Auto Magnate Buys $9 Billion Stake in Daimler

A Mercedes-Benz assembly line operated by Daimler in Sindelfingen, Germany. The company said that the Chinese businessman who owns the Geely automotive group bought a 9.69 percent stake in Daimler.


Mideast Strife Is Cash Positive For US Natural Gas -- And Chinese Coal

This is how bad Middle East politics has gotten: Rather than buying energy from their neighbors, oil-exporting countries are importing natural gas all the way from America. Meanwhile, China is selling them coal, the only fossil fuel they lack.

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