News

The Prime Minister is leading the largest ever trade delegation to China. But what value do these junkets really deliver?

Satyajit Das: China sets out on long march back to self-reliance as trade gets rough

Midweek View: The country has become increasingly resentful about the destruction of the value of its savings
Zhang Yimou: The director is said to have violated China’s one-child policy

And... cut! Chinese director accused of having too many children

One of China’s top film directors is being investigated for allegedly fathering seven children in violation of the country’s strict one-child policy.

Boost for City as Sir Mervyn King does currency swap deal with Bank of China

The Bank of England today took a crucial step towards boosting the City as a centre of trading in the Chinese renminbi after agreeing a currency swap deal with the Bank of China.

HSBC launches London renminbi bond

HSBC has became the first company in the world to launch a renminbi-denominated bond outside a sovereign Chinese territory.

China has strict family planning rules that usually allow couples in cities to have just one child

China's new export to America: A baby boom

The Year of the Dragon is behind a spike in birth rates – and there's only one way to avoid the one-child policy and get better medical care. In Beijing, Clarissa Sebag-Montefiore reports on the rise of maternity tourism

Icap sees rays of light as volumes rise

Shares in Icap, the broking giant founded and run by Michael Spencer, soared yesterday after it said everything in the City is not quite as gloomy as people feared.

Small Talk: Sinclair boosts portfolio with £21m Advanced Bio-Technologies deal

Sinclair Pharma and IS Pharma agreed to merge in April, with shares in the combined business (imaginatively christened Sinclair IS Pharma) starting trading in late May. Since then, the stock has been under pressure, easing as volatility in the wider market gathered pace. But the share price received a shot in the arm last week, after the company, which specialises in dermatological and wound care treatments, unveiled plans to buy the privately held US biotech company, Advanced Bio-Technologies (ABT).

Development drag: The potential growth in South East Asia is one area targeted by frontier funds

Is the frontier market still too wild and risky?

It's tempting to seek large returns in volatile sectors – but be careful, warns Emma Dunkley

Leading article: The dangers of no deal in Durban

Amid the furore over the eurozone crisis and this week's make-or-break meeting in Brussels, another equally important summit is in danger of being forgotten.

Saab faces court bid to lift bankruptcy protection

The Swedish car manufacturer Saab faced another escalation in its financial woes yesterday after a court-appointed administrator asked for the removal of its protection from bankruptcy.

Stephen Maguire hopes that Judd Trump (pictured) doesn't fall into the same 'trap' that he did

Snooker: Maguire warns Trump: Do not repeat my mistakes

Stephen Maguire, a former UK Championship winner, is hoping the game's latest exciting prospect, Judd Trump, will not let the trappings of his new-found success go to his head.

Fears for foreign business executives as CEO is jailed in China

An Australian businessman detained in southern China was sentenced yesterday to 13 years in jail for embezzlement and bribery.

David Thomas: The world's most useless creatures

Pandas are the WAGs of the animal kingdom: superficially attractive, but talentless

George Osborne visits a bicycle shop in Middlesex in a week when the Chancellor described growth of 0.2 per cent as 'positive'

Mary Dejevsky: Why this obsession with growth?

Growth, growth, growth... The regrettable lack of it and the imperative to encourage it were the guiding themes of the Chancellor's Autumn Statement, as they have been of practically anything anyone has said about the economy for years. Higher growth boosts national wealth and national morale; falling growth pushes countries into recession, which makes them feel, deservedly, very bad. So runs the consensus.

Deng Xiaoping And The Transformation Of China, By Ezra F Vogel

In the preface to his exhaustive biography of the Chinese statesman Deng Xiaoping, Ezra F Vogel recalls the moment the seed for the book was planted. Vogel, a professor at Harvard who has spent his career immersed in Japan and China, asked a seasoned journalist: "What would best help Americans understand coming developments in Asia" at the start of the 21 century? Without hesitation his friend replied: "Deng Xiaoping."

Career Services

Day In a Page

Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 23 January 2015
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea
America: Land of the free, home of the political dynasty

America: Land of the free, home of the political dynasty

These days in the US things are pretty much stuck where they are, both in politics and society at large, says Rupert Cornwell
A graphic history of US civil rights – in comic book form

A graphic history of US civil rights – in comic book form

A veteran of the Fifties campaigns is inspiring a new generation of activists
Winston Churchill: the enigma of a British hero

Winston Churchill: the enigma of a British hero

A C Benson called him 'a horrid little fellow', George Orwell would have shot him, but what a giant he seems now, says DJ Taylor
Growing mussels: Precious freshwater shellfish are thriving in a unique green project

Growing mussels

Precious freshwater shellfish are thriving in a unique green project
Diana Krall: The jazz singer on being friends with Elton John, outer space and skiing in Dubai

Diana Krall interview

The jazz singer on being friends with Elton John, outer space and skiing in Dubai
Pinstriped for action: A glimpse of what the very rich man will be wearing this winter

Pinstriped for action

A glimpse of what the very rich man will be wearing this winter
Russell T Davies & Ben Cook: 'Our friendship flourished online. You can share some very revelatory moments at four in the morning…'

Russell T Davies & Ben Cook: How we met

'Our friendship flourished online. You can share some very revelatory moments at four in the morning…'
Bill Granger recipes: Our chef serves up his favourite Japanese dishes

Bill Granger's Japanese recipes

Stock up on mirin, soy and miso and you have the makings of everyday Japanese cuisine
Michael Calvin: How we need more Eric Cantonas to knock some sense into us

Michael Calvin's Last Word

How we need more Eric Cantonas to knock some sense into us