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China News 02/2012 (Page 11)



In China, Air cheow-DAN Cries Foul
By LAURIE BURKITT BEIJING—Basketball star Michael Jordan has cried foul against a sportswear chain here, saying it is improperly using the Chinese version of his name. Qiaodan Sports Co. has profited by illegally using his name on its marketing ...

China Luxury Pits L'Oreal Against Chiang Kai-Shek Kin: Retail
By Bloomberg News Feb. 24 (Bloomberg) -- Global brands from L'Oreal SA to Gucci face new competition in their race for a share of the $33.7 billion Chinese luxury market: homegrown Chinese brands. Shanghai Jahwa United Co., established more than a ...

China's Stocks Head for Sixth Week of Gains, Longest Since 2010
By Bloomberg News Feb. 24 (Bloomberg) -- China's stocks headed for a sixth week of gains, as improving economic data in the US and Germany bolstered the outlook for Chinese exports. China Shenhua Energy Co. paced gains for coal producers today on ...

A Fraud Went Undetected, Although Easy to Spot
Without a rule of law, investing is an extraordinarily hazardous undertaking. The latest charges of fraud in a Chinese company traded in the United States were filed this week by the Securities and Exchange Commission against two former executives of a ...

China Leading Economic Index Has Faster Gain in January
By Bloomberg News Feb. 24 (Bloomberg) -- A leading index for China rose at a faster pace as policy makers step up efforts to boost liquidity and sustain growth in the world's second-largest economy. The gauge gained 1.6 percent to 225.7 in January from ...

China Urged to Continue Reforms for Growth
HONG KONG — With China preparing for a leadership change in late autumn and facing a longer-term contraction of its labor force, a flurry of reports is suggesting that the country needs to continue moving ahead with economic reforms, and in some cases ...

Ford plays catch-up in China with new plant, dealerships
By Fang Yan and Ken Wills | CHONGQING (Reuters) - Ford Motor (FN) is on track to double the number of dealerships in China by 2015, its country chief said on Friday, as it launches a half-billion-dollar plant and races to narrow the gap with foreign ...

Asia Coal-Australian prices inch up, China on sidelines
* Chinese buyers out of market, enquiring Apr-May delivery * Australian prices supported by term negotiations * Xstrata seeking $125/T from Japanese utilities for 2012 By Fayen Wong and Rebekah Kebede SHANGHAI/PERTH, Feb 24 (Reuters) - Australia's ...

China propels Hong Kong's congested private jet sector
By Alison Leung | HONG KONG (Reuters) - Private jet operators in Hong Kong are adding aircraft at a rapid pace as more wealthy mainland Chinese keep luxury aircraft in the city to avoid bureaucratic hurdles and taxes at home, ...

China Encourages Solar-Product Makers to Expand Amid Supply Glut
Enlarge image China Cuts Subsidies for Solar Projects on Declining Costs China Cuts Subsidies for Solar Projects on Declining Costs Qilai Shen/Bloomberg Employees assemble photovoltaic panels at Suntech Power Holdings Co.'s factory in Wuxi, ...

METALS-Copper rises, heads for biggest weekly gain in a month
* Cash to three-month copper soars to $28 premium * Concerns linger about demand outlook from China * Coming Up: US Michigan consumer sentiment Feb, 1455 GMT By Harpreet Bhal LONDON, Feb 24 (Reuters) - Copper rose on Friday as the euro edged higher, ...

China calls on Myanmar to ensure border security
(AP) BEIJING — China has urged Myanmar to ensure security along their common border following attacks on river shipping and inflows of refugees fleeing fighting with ethnic minority militias, the Foreign Ministry said Friday. China, Myanmar, Laos and ...

The iEconomy: How Much Do Foxconn Workers Make?
By ECONOMIX EDITORS Foxconn Technology, one of the world's largest electronics manufacturers, and a major supplier for Apple, has announced that it will raise salaries and decrease overtime at its factories in China. The Times's David Barboza wrote, ...

'Brave Dragons,' by Jim Yardley
In 2010, the fallen American basketball star Stephon Marbury, having worn out his welcome with the New York Knicks and the rest of the NBA, took his talents to Taiyuan, a gritty industrial city in China's Shanxi Province. There, he joined the Shanxi ...

China to Get Disney Films Through YOU on Demand
Beauty and the Beast is heading to China. YOU On Demand, a major distributor of pay-per-view content in China, said Thursday it has signed an agreement with Disney Media Distribution to distribute films in the country. Many Disney films would be ...

Mike Daisey Takes Bite Out of Apple
If you would seek proof of that famous Margaret Mead adage, "Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it's the only thing that ever has," look at what's happening as more and more people protest ...

Cyber-security expert finds new flaw in smartphones
By Ken Dilanian / The Los Angeles Times WASHINGTON - Just as US companies are coming to grips with threats to their computer networks emanating from cyber-spies based in China, a noted expert is highlighting what he says is an even more pernicious ...

Canada's Carney, Ahead of G-20, Presses China and Europe to Step Up
By ALISTAIR MACDONALD, MICHAEL J. CASEY and WILLIAM MALLARD NEW YORK—China has a "responsibility" to stand by agreements it has made to restructure its economy, if it is to help rebalance the global economy and aid in its recovery, Mark Carney, ...

What Jeremy Lin and US-China Cooperation on Climate Change Don't (Yet) Have in ...
What Jeremy Lin and US-China Cooperation on Climate Change Don't (Yet) Have in ...

China's Growth May Slip to 8.6% This Year on European Slowdown
By Bloomberg News Feb. 25 (Bloomberg) -- China's economic growth may slip to 8.59 percent this year due to slowing in Europe, while inflation will ease to 3.3 percent, according to a Xiamen University and National University of Singapore joint forecast ...

Ford on Friday opened its fourth assembly plant in China to build the Ford ...
Ford on Friday opened its fourth assembly plant in China to build the Ford ...

China issued a preliminary list for official-vehicle purchases this year that ...
China issued a preliminary list for official-vehicle purchases this year that ...

China data, Australian vote in focus for Asia
By Michael Kitchen, MarketWatch LOS ANGELES (MarketWatch) — Chinese data are set to take center stage again in the week ahead in Asia, with Australian politics also in focus. On Thursday, the markets will get a look at rival manufacturing surveys, ...

China peddlers of "gutter oil" could face death
| SHANGHAI Feb 25 (Reuters) - Peddlers of poisonous "gutter oil" for use in cooking could face the death penalty under new sentencing guidelines issued by China's Ministry of Public Security. The rules promise harsh punishment for those who knowingly ...

China hits out at Antony's visit to Arunachal
China on Saturday called on India “to refrain from taking any action that could complicate” the border dispute, in a statement that appeared to hit out at Defence Minister AK Antony's visit to Arunachal Pradesh earlier this week to mark the 25th ...

Bus plunges into ravine in north China, killing 15
AP BEIJING -- At least 15 people were killed Saturday when tourist bus plunged off a highway into a ravine in northern China, a state news agency reported. The official Xinhua News Agency says the accident happened Saturday morning when the bus, ...

China drafts guidelines for cross-strait relations
China has drafted three new policy guidelines for cross-Taiwan Strait engagements in the wake of the Jan. 14 presidential and legislative elections, according to a local media report. One of the new strategies involves Beijing expanding its outreach to ...

Wage Hikes in China, Higher Tech Prices Here?
By Jeff Bertolucci, PCWorld Feb 25, 2012 11:45 AM For multinational corporations, China's appeal as the world's factory floor is obvious: dirt-cheap labor. But for consumers in the US and the rest of the developed world, the benefits of Chinese ...

Jerry Brown says he plans to head to China later this year
Gov. Jerry Brown said Saturday that he plans to lead a state delegation to China later this year. The governor, speaking to reporters at the National Governor's Assn. meeting in Washington, said he has designated his top business advisor Michael Rossi ...

'Occupy Toilets' seeks double potty parity for Chinese women
By Bo Gu, NBC News BEIJING -- Chairman Mao famously said “women hold up half the sky,” but in today's China they are standing twice as long in restroom lines. It's a universal problem: women waiting anxiously inside and outside public bathrooms while ...


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