In China, recent Communist Party show trials have featured cowed defendants acknowledging their crimes and offering apologies. Not this one.
The country's biggest trial in decades kicked off Thursday with the defendant, former politburo member Bo Xilai, denying guilt, claiming his confession was coerced and branding the testimony of one of his accusers — in this case his wife — "laughable."
The Securities and Exchange Commission has launched an investigation of JPMorgan Chase's operations in China, reportedly looking into whether the investment bank hired the children of high-ranking Chinese government officials in an effort to secure business.
The Wall Street Journal quotes from an SEC filing that says U.S. regulators are investigating "business relationships with certain clients."
China's Bo Xilai, the one-time Communist Party chief of Chongqing who is accused of bribery, corruption and abuse of power, will go on trial this week in the culmination of a case that has highlighted wrongdoing in the top rungs of the country's political ranks.
China says it plans to phase out the harvesting of organs from executed prisoners, ending a controversial practice that reportedly supplies most of the country's transplant patients.
Huang Jiefu, a surgeon and former deputy health minister who is in charge of organ transplants, says that beginning in November, China will scale back and eliminate the harvesting of inmate organs. Huang says that will be replaced by a nationwide voluntary donor system.
August is shaping up to be American music month in Shanghai. Metallica, the legendary heavy metal band, has just wrapped up its long-awaited China debut with two packed shows at the city's Mercedes-Benz Arena. This weekend, Limp Bizkit headlines a two-day festival. Next week, Aerosmith plays a Shanghai soccer stadium followed by a concert by Pitbull, the Cuban-American rapper from Miami.