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China News 02/2012 (Page 6)



Chinese envoy visits Tehran for nuclear talks
| TEHRAN (Reuters) - A senior Chinese diplomat arrived in Tehran on Sunday to discuss Iran's nuclear program, amid differences between China and the West over how to resolve the dispute it has caused. The semi-official ISNA news agency said China's ...

China tells banks to roll over loans
By Simon Rabinovitch in Beijing China has instructed its banks to embark on a mammoth rollover of loans to local governments, delaying the country's reckoning with debts that have clouded its economic prospects. China's stimulus response to the global ...

Samsonite Man: Catching Up With Jin In Hong Kong, Talks Career, Gimmick Stigma ...
Samsonite Man: Catching Up With Jin In Hong Kong, Talks Career, Gimmick Stigma ...

PetroChina Tops NY Discounts as Lending Falls: China Overnight
By Zachary Tracer Feb. 13 (Bloomberg) -- PetroChina Co. traded at the biggest discount to Hong Kong in two months and Chinese stocks in the US slid as lower-than-expected lending and falling imports boosted concern the world's second-largest economy is ...

China Airlines in 'Intolerable' Spot on Europe Levies, IATA Says
By Kyunghee Park and Haslinda Amin Feb. 13 (Bloomberg) -- Chinese airlines are in an “intolerable” position because of a spat between the country and the European Union over emissions levies, said Tony Tyler, the head of the International Air Transport ...

As Xi visits, China's US crop demand a balm for tensions
By Carey Gillam | DES MOINES, Iowa (Reuters) - China is half a world away from the 2300-acre family farm in east-central Iowa where John Weber and his son plant corn and soybeans. But 62-year-old Weber is among a number of Iowa farmers who are ...

China's Banks Face New Fee Regulations
By DINNY MCMAHON And LAURIE BURKITT BEIJING—China's banking regulator has drafted rules to stop banks from charging their customers excessive fees, which have become a focus of rising frustration in a country where customer service is seldom a ...

China Should Fine-Tune Policy Early as Q1: Wen
Enlarge image Chinese Premier Wen Jiabao Chinese Premier Wen Jiabao Michele Tantussi/Bloomberg Chinese Premier Wen Jiabao. Play Video Play Video Chinese Premier Wen Jiabao said the nation needs to start “fine-tuning” economic policies this quarter, ...

China Stocks Drop on Wuhu Property Reversal
Enlarge image China's Stocks Drop on Wuhu Property Reversal, Bank Loans China's Stocks Drop on Wuhu Property Reversal, Bank Loans Qilai Shen/Bloomberg A measure of property stocks in the Shanghai Composite declined 2.9 percent, the most among the five ...

China paper says country does not want to "buy up" Europe
| BEIJING (Reuters) - China has no intention of "buying up" or "controlling" a debt-ridden Europe that it still has confidence in, and any help Beijing may offer will be for purely economic reasons, a top state-run newspaper said on Monday ahead of a ...

Analysis:China offshore yuan market booms even as yuan bets fade
By Saikat Chatterjee | HONG KONG (Reuters) - Three years after China launched its most ambitious experiment yet to give its currency more global clout, some market watchers are writing its epitaph, saying Beijing is not loosening its grip on the yuan ...

Our love-hate relationship with China
By Annalyn Censky @CNNMoney February 13, 2012: 6:05 AM ET NEW YORK (CNNMoney) -- President Obama has a date with China's Vice President Xi Jinping on Valentine's Day, and despite tensions between the world's two largest economies, they're both likely ...

RPT-INSIGHT-As Xi visits, China's US crop demand a balm for tensions
* Xi visit seen as opportunity to build US farm exports * Chinese officials to visit animal feed maker, soybean farm * China agricultural minister joins Xi in visiting Iowa * Iowa farmers lead US in corn, soybeans, hogs production * China is largest ...

Carlsberg Looks for Acquisitions in Asia as Europe Stagnates
By Bloomberg News Feb. 13 (Bloomberg) -- Carlsberg A/S, the world's fourth- biggest brewer, said it's seeking acquisition opportunities in Asia, including China, amid slowing growth in Europe. “We look very actively across Asia,” Chief Executive ...

iPads seized in China over trademark row
By David Pierson An obscure Chinese company's battle with Apple Inc. over who has rights to the iPad name took another unlikely turn after authorities in northeastern China seized dozens of the Apple tablets for trademark infringement, an attorney for ...

Investors peer past gloom, eye Asian economic rebound
By Nick Edwards | BEIJING (Reuters) - If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a decade, at a level consistent with a world recession that, like the 2008/2009 financial crisis, would not spare ...

Apple Announces Independent Factory Inspections
By NICK WINGFIELD | February 13, 2012, 10:46 am Apple said Monday that an independent labor rights organization had begun auditing working conditions at Chinese factories where Apple products are made. Apple said the group, the Fair Labor Association, ...

The Sims Moving Into China's Tencent Social Network
By Angela Moscaritolo The wildly popular franchise The Sims is moving into China's leading social network, Tencent Open Platform, the game's creator Electronic Arts (EA) announced Monday. The Sims Social will be available to Chinese players in the next ...

Controversy Over China Push to Eliminate Anonymous HIV Tests
Health officials in southern China are proposing new legislation to require real-name registration for HIV testing, a move aimed at lowering infection rates that has sparked controversy over personal privacy. According to a recent report by state-owned ...

China Communications Construction Sets IPO Range
SHANGHAI—China Communications Construction Co. said Tuesday that it has set an indicative range of 5.00 yuan-5.40 yuan ($0.79-$0.86) per share for its planned initial public offering in Shanghai. Based on that range, the Hong Kong-listed port builder ...

9 China-slamming campaign ads
Former Rep. Pete Hoekstra stirred up controversy last week with his Super Bowl ad depicting an Asian actress speaking broken English. “Your economy get very weak. Ours get very good,” the woman says in the spot as she rides a bike through what is ...

Mersen Says Terms for Solar Clients in China Hurt Cash Flow
By Francois de Beaupuy Feb. 14 (Bloomberg) -- Mersen, a French maker of graphite and electrical goods for steelmakers and other manufacturers, is delaying investments as economic growth slows and cash flow is hurt by longer payment terms for Chinese ...

European Union May Raise Tariffs on Chinese Warehouse Trucks
By Jonathan Stearns Feb. 14 (Bloomberg) -- The European Union threatened to raise tariffs on warehouse trucks from China, saying current levies as high as 46.7 percent may offer inadequate protection for EU producers. The EU began a review of the ...

Xi Jinping: Cave dweller or princeling?
Will Xi Jinping be China's next leader? Damian Grammaticas reports on what we know of the man in line to steer China through the coming years Who is Xi Jinping? It's not an easy question to answer. The man the Communist Party is busy grooming to be ...

In China, you can take love to the bank on Valentine's Day
Other than red roses and a candlelit dinner for two on Valentine's Day, nothing in Beijing says 'I love you' (vaguely, in Chinese) like an investment offering an annual return of 5.2 percent. By Peter Ford, Staff Writer / February 14, 2012 A couple ...

METALS-Copper falls on weak euro, modest US retail sales
* BHP, Rio Tinto approve plans for Escondida expansion * China seen importing less refined copper from spot market * Copper stocks monitored by SHFE at highest since Aug 2002 By Susan Thomas and Harpreet Bhal LONDON, Feb 14 (Reuters) - Copper slipped ...

China's Likely Next First Lady Is a Famous Singer
By J. DAVID GOODMAN Peng Liyuan is married to Xi Jinping, who is likely to be China's next leader. As my colleagues Mark Landler and Edward Wong report, the man who is expected to be China's next leader, Vice President Xi Jinping, arrived in the United ...

US, China agree to negotiate export credit deal
* White House says goal is to strike a deal by 2014 * US companies complain of China-backed financing * Issue ties into future of US Export-Import Bank By Doug Palmer WASHINGTON, Feb 14 (Reuters) - The United States and China agreed on Tuesday to open ...

Jackie Chan Business Jet Shows Embraer's China Breakthrough
By Jasmine Wang and Joyce Koh (Updates with statement from Cessna in seventh paragraph. Click SHOW for more Singapore Airshow news.) Feb. 15 (Bloomberg) -- Embraer SA is using the star power of Hong Kong-born actor Jackie Chan at the Singapore Airshow ...

In China, an Instant Star and an Emerging Symbol
HANGZHOU, China — The clearest sign that Jeremy Lin's appeal has spanned the Pacific to mainland China may lie not in the 1.4 million Chinese microblog messages mentioning him in recent days, but in a rare failure to meet demand here in the heart of ...


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