Financier George Soros said on Sunday that China's global influence is set to grow faster than most people expect, with its isolation from the global financial system and a heavy state role in banking aiding a relatively swift economic recovery.He reiterated his cautious views regarding the surge in global stock markets, although he said it may have further to go given liquidity in the markets and that many investors are still sitting on the sidelines."In many ways, Chinese banking has benefited from being isolated from the rest of the world and is in better shape than the international ...
China denounced on Thursday U.S. criticism of its human rights record in an annual tit-for-tat exchange, saying the United States should put its own house in order first.The U.S. State Department sharply criticized China on Wednesday, saying detention and harassment of dissidents, petitioners, human rights defenders and defense lawyers peaked around high-profile events such as the Beijing Olympic Games in August.China's Foreign Ministry said China maintained a high level of "protection and respect" for human rights."Over the 30 years of development and reform we have seen a constant ...
