After years of discord, China has agreed to cooperate with Japan on developing a disputed offshore gas field. But major challenges lie ahead.
China’s preparations for the Beijing Olympics have failed to produce long-term environmental gains, analysts say, as pollution grows along with construction for the games.
G8 nations are pressing China to end its fuel subsidies as oil consumption and world prices climb.
Experts are considering an international system to fight speculation in food prices, but questions persist about how coordinated grain reserves would be used.
China’s subsidy costs for food and fuel are soaring while the country tries to cope with damage from the Sichuan earthquake. Experts say the government can’t indefinitely afford the combined burdens of recovery and price controls.