Search effort of AirAsia QZ8501 resumes
A Chinese ship is going to be joining the search for the black box of the AirAsia plane which went down in the Java Sea.
The Chinese ship is going to join the nearly 30 others who are scowering the area where the plane went down two Sundays ago.
The Chinese vessel is due to arrive on Friday.
Meanwhile, the search at the site is said to be progressing.
So far, 37 bodies have been recovered.
Authorities suspect the remains of most of the 162 people onboard the doomed flight are still in the fuselage of the plane, which still hasn't been located.
The AirAsia plane went down on a flight from Indonesia to Singapore.
Bad weather is being cited as the likely cause of the crash.
China Frees Price Controls on Railway Tickets and Rail Freight
The National Development and Reform Commission is eliminating price controls on railway cargo and passenger train tickets.
The NDRC says allowing market forces to dictate prices will make the railway sector more attractive for private investors.
However, its widely expected the move will trigger a huge spike in the price of train tickets and the cost of rail transport.
The NDRC says it will take steps to prevent massive price swings.
The Chinese government has been moving to privatize part of this country's rail system through private investment channels.
Tributes roll in for He Zhenliang
Tributes have been rolling in following the death of He Zhenliang.
The former International Olympic Committee vice president from China passed ways yesterday in hospital in Beijing.
He was 85.
Nicknamed "China's Mr. Olympics", He Zhenliang was best known for helping Beijing secure the bid to host the 2008 Summer Olympics.
He Zhenliang was elected to the IOC in 1981 and became its vice president in 1989, remaining in the position for four years.
He retired from the International Olympic Committee in 2009.
Dzhokhar Tsarnaev trail to get underway in Boston
The U.S. city of Boston is preparing to start a lengthy trial against the man accused of setting off two bombs in April 2013 that turned the world's oldest annual marathon into a tragedy, killing 5 and injuring almost 300.
Dzhokhar Tsarnaev is charged with creating the home-made explosives with his brother, who was later killed in a police shoot-out three days after the bombing. Jury selection is set to begin on Monday.
Federal prosecutors say they will seek the death penalty against Tsarnaev.
China nets over 100,000 officials in frugality campaign
The latest stats released from China's anti-graft authorities show that more than 100-thousand officials have been caught up in the government's frugality campaign.
The violations have included overseas travel and personal entertainment through the use of public funds, excessive spending on receptions and vehicles and sending or accepting gifts.
The government's austerity campaign has been active since late 2012.
Former Taiwan Leader Released on Medical Parole
Former Taiwan leader Chen Shui-bian has been released from prison.
He is now enroute to his home in the city of Kaohsiung, where he's going to continue his treatment.
Chen Shui-bian has been coping with depression and the onset of Parkinson's since being imprisoned 6-years ago.
He reportedly attempted suicide last year.
The former head of the now-opposition DPP was handed a 20-year sentence for taking bribes and other illicit behavior while in office.
Chen Shui-bian was Taiwan's leader from 2000 to 2008.
Virus kills captive panda, sickens 3 in northwest China
Authorities at a panda research facility in Xi'an have revealed one of their giant pandas is dead, and three others are struggling to survive after coming down with distemper.
The 8-year old panda, named Cheng Cheng, died in early December.
Two of the other three are said to be in critical condition.
The other is said to be stable.
Distemper is a viral infection which normally affects dogs and cats.
It normally attacks an animals gastrointestinal and respiratory systems.
However, distemper can also attack an animals brain and spinal cord, which is almost always fatal.
18 of the healthy pandas at the research facility have been moved to different sites.
Around 30 specialists from around China are working at the zoo in Xi'an to try to help the pandas through their infection.
China stocks surge on New Year's 1st trading day
Chinese markets have closed at their highest levels in five and a half years on Monday.
The benchmark Shanghai Composite Index finished at 33-hundred-50 points, up 3.6 percent.
Shares in coal, nonferrous metals, railways, oil and the property sector led the gains.
Heavyweights on the market, including PetroChina and Sinopec, as well as railway firms CSR and CNR, have risen by their daily trading limit of 10-percent.
The Shenzhen Component Index also had an active day, closing at 40-month high of 11-thousand-520, a gain of 4.6 percent.
China's Twin Aircraft Makers Plan to Merge
It's been reported Chinese authorities are considering merging a pair of Chinese aircraft makers in a bid to boost their global competitiveness.
First Aviation Group and Second Aviation Group are reportedly going to be combined.
The two aviation giants are part of China's defense industry.
The two companies operate 8 different assembly lines, all in different cities.
Both First and Second Aviation do contract work for Boeing and Airbus.
The merger, if it does go ahead, comes on the heels of the merger of Chinese train makers CSR and CNR.