Tibet reopened to foreign tourists Sunday after a month-long suspension, the state-run Chinese Xinhua news agency reported. Twenty-five tourist groups were to arrive Sunday in Lhasa, the capital of the autonomous region in China, the agency said. More than 500 foreigners are expected in Tibet in the next two weeks, according to the Tibet Autonomous Regional Tourism Bureau, Xinhua said
IndyMac will soon earn the first half of its name back. The government, which seized the failed bank last summer, is expected to close a deal in the next week that would return the California mortgage lender to private ownership
Authorities in Nepal said Saturday they have beefed up security near the Chinese Embassy to stop any possible anti-Chinese demonstrations in the run-up to the 50th anniversary of the Dalai Lama’s flight from Tibet. “The area within 200 meters (218 yards) of the Chinese Embassy visa section has been declared a prohibited area from Friday,” Nabaraj Silwal, the chief of the Kathmandu city police, said. “Rallies, sit-ins and sloganeering will not be allowed within the prohibited area.” The decision comes a day after visiting Chinese Vice Foreign Minister Hu Zhengyue had an hour-long meeting with Nepalese security officials in Kathmandu to discuss prevention of anti-Chinese activities.