Chinese imperial throne breaks record

An imperial “dragon” throne owned by a Chinese emperor set the world auction record for Chinese furniture Thursday, selling for about US $11 million. There was frenzied bidding among mainland, Hong Kong and Taiwan collectors at the Sotheby’s auction in Hong Kong

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People’s Republic of China marks 60th anniversary

China celebrates 60 years of PRC’s founding Typhoon Parma is expected to bring heavy rainfall and major property damage to the Philippines on Saturday, according to meteorologists. The storm was upgraded to a super typhoon Thursday as it churned towards the island nation with winds of 240 kph (150 mph)

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