News on China

• Top Pakistan Spy Scrubs U.K. Trip
  Pakistan's military spy chief has canceled a trip to the U.K. after Prime Minister Cameron made remarks about Pakistan's role in sponsoring terrorism.
• ICICI Bank Posts 17% Profit
  ICICI Bank of India reported higher net profit for the first quarter, while total revenue fell.
• Black Box From Pakistan Crash Found
  Recovery workers have found the flight-data recorder from the wreckage of Pakistan's worst-ever plane crash.
• Curfew Imposed in Indian Kashmir
  Authorities imposed an indefinite curfew across Indian Kashmir as anti-India protests and clashes between Kashmiri Muslims and government forces continued.
• Hong Kong Privacy Chief Pushes for Regulation
  Hong Kong's privacy commissioner recommended legislation to regulate service monopolies such as Octopus, after the operator admitted to selling personal data.
• Myanmar Loosens Yoke on Rice Farmers
  Moves by Myanmar's military regime to loosen its grip on the impoverished nation's once-mighty rice industry in advance of an election this year have raised cautious hopes for the nation's economy.
• China Mine Blast Kills 17
  An explosion near a workers' dormitory killed at least 17 people at a coal mine in northern China.
• Deal Boosts Li's Standing in U.K.
  Tycoon Li Ka-shing's $9.1 billion acquisition of three U.K. power grids from Electricite de France will give him control of about a quarter of the country's power distribution.
• Kan Backs Away from Tax
  Japan's beleaguered prime minister emphasized his commitment to restoring the nation's fiscal woes, but his enthusiasm toward lifting the nation's sales tax seemed to be rapidly waning.
• July Is Deadliest Month for U.S. Troops in Afghanistan
  Three U.S. troops died in blasts in Afghanistan, making July the deadliest month ever for U.S. troops since the Afghan war began.