China Inc.

China sentenced a former president of state-run energy giant Sinopec to 15 and a half years for corruption. The latest punishment meted out to a prominent figure in the graft-riddled oil sector. Wang Tianpu, the former general manager of China Petroleum and Chemical Corporation (Sinopec Group), was also fined 3.2 million yuan ($470,000), the official Xinhua news agency reported. The Nanchang City Intermediate People's Court in the eastern province of Jiangxi ordered Wang's illicit gains to be confiscated and said that the assets he embezzled should be returned to Sinopec. Wang's sentence came less than a week after Liao Yongyuan, a former executive with Sinopec's parent company CNPC, was jailed for 15 years on similar charges.

In Chinese culture, every year is represented by one of the 12 animals in a set consecutive order, starting with the rat and ending with the pig. In 2017, it is the turn of the rooster.

After an 18-day, 12,000-kilometre intercontinental journey, the first freight train from China arrived in Britain.

Photo DR: China 2016 growth slides to 26-year low

China's growth slipped to its slowest rate in more than a quarter of a century in 2016, as analysts see mounting risks for the world's number two economy.

China is the world's biggest trader in goods, and its performance affects partners from Australia to Zambia.

Sri Lanka police dispersed hundreds of people protesting the launch of a special industrial zone in the island's south that hopes to attract billions of dollars in Chinese investment.

China will further tighten controls on individuals' foreign currency purchases to try to curb massive capital flight from the country.