Chinese Former Vice Finance Minister Zhang Shaochun
China has arrested a former vice finance minister for suspected corruption, its top prosecutor said on Friday.
Zhang Shaochun has been under investigation for "serious violation of discipline and law", the graft watchdog said, in a long-running corruption campaign under President Xi Jinping.
Southeast Asian defence ministers on Friday agreed to a set of guidelines to manage unexpected aerial encounters between their military aircraft, and a deal to exchange information on terrorism and extremism.The leaders of the ten-nation Association of Southeast Asian Nations (ASEAN) grouping signed the joint declaration following a meeting in Singapore.A code to manage unexpected encounters at sea already exists and was adopted last year by ASEAN countries alongside Australia, China, India, Japan, New Zealand, South Korea, Russian Federation, and the United States.All 10 also agreed to adopt the "our eyes" initiative, launched by six member-states in January, as a platform to exchange information on terrorism, radicalism, violent extremism, and other "non-traditional" threats in the region. 
Southeast Asia agrees guidelines on air encounters, terrorism data swaps
Trade frictions between the United States and China, the world's two biggest economies, have contributed to the slump in China stock markets, Vice Premier Liu He said on Friday.China and the United States are "in touch", Liu told the state news agency Xinhua, without elaborating. Sri Lanka reverses $300-mln China housing deal ahead of PM's India visitExxon Mobil bets big on China LNG, sidesteps trade war
US-China trade frictions contributing to China equity slump