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Some of China’s zombie firms may finally die

Some of China’s zombie firms may finally die. The State Administration for Industry and Commerce and the State Administration of Taxation jointly issued a statement Monday that requires dormant companies that have not submitted annual reports or tax declarations for at least two years to begin business operations once again or file for liquidation. Of the zombie firms, dormant firms ...

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Clinton wins final 2016 primary as debate turns to terror fight

  Washington / AFP Hillary Clinton captured the mostly symbolic Democratic primary in the US capital, the final vote of the 2016 presidential primaries, as the race shifts to her showdown with Republican rival Donald Trump. Clinton won nearly 79 percent of the vote against 21 percent for Bernie Sanders, with nearly all votes counted, according to US networks. It ...

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Defying Beijing, Obama to meet Dalai Lama

  Beijing / AFP US President Barack Obama was to meet the Dalai Lama at the White House on Wednesday, a move condemned by China which portrays the exiled Tibetan spiritual leader as a dangerous separatist. Obama has met the Dalai Lama several times before and calls the monk “a good friend,” but the pair will—as usual—talk behind closed doors ...

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