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China News 02/2012 (Page 7)



China Money Rate Gains for Third Day as Reserve Ratios Held
By Kyoungwha Kim Feb. 15 (Bloomberg) -- China's benchmark money-market rate rose for a third day as policy makers held off from cutting banks' reserve-requirement ratios and as upcoming company share sales tied up cash. The People's Bank of China has ...

US to Share Cautionary Tale of Trade Secret Theft With Chinese Official
WASHINGTON — China's next leader, Xi Jinping, may never have heard of American Superconductor Corporation before he arrived here Monday, but by the end of his visit United States officials hope to make the small Massachusetts wind-energy company an ...

China to keep investing in euro zone debt: China c.bank
By Aileen Wang and Nick Edwards | BEIJING (Reuters) - China will continue to invest in euro zone government debt, the country's central bank governor said on Wednesday, while calling on Europeans to produce more attractive investment products for China ...

Yuan Forwards Halt Four-Day Decline as China Vows to Help Europe
By Fion Li Feb. 15 (Bloomberg) -- Yuan forwards halted a four-day decline after Premier Wen Jiabao and the head of the central bank pledged to help Europe resolve a debt crisis that's hurting Chinese exports. China is ready to be more involved in ...

Insight: Suns rise and set rapidly in China leadership opera
By Brian Rhoads and Benjamin Kang Lim | HONG KONG/BEIJING (Reuters) - Leaders battling for promotion in China's Communist Party are using pages out of an old manual for negotiating the rungs of power, with the launch of separate probes that have ...

Costs, property rights top issues for US firms in China - survey
* Comes as China's leader-in-waiting visits US * US companies profitable in China but outlook less bullish * Regulatory environment another key concern for firms By Kazunori Takada SHANGHAI, Feb 15 (Reuters) - Rising costs, an uncertain regulatory ...

US Stock Futures Up After China's Upbeat Remarks Over Europe
By Barbara Kollmeyer US stock-market futures were pointing to a positive start for Wall Street, after overnight words of encouragement from China's central-bank governor to Europe, while earnings from Deere & Co. and data such as Empire State ...

Analysis: Politics, patchy past hurt China investment hopes
By Nick Edwards | BEIJING (Reuters) - China has the motive, the opportunity and the money to spend $560 billion on overseas investments in the next five years, a sum dwarfed by the near-term financing needs of it two biggest trading partners that ...

KongZhong Corporation Announces Strategic Acquisition of Noumena, a Smartphone ...
KongZhong Corporation Announces Strategic Acquisition of Noumena, a Smartphone ...

CANADA FX DEBT-C$ buoyed by China news, data
* C$ up at C$0.9958 vs US$, or $1.0042 * Bond prices little changed By Claire Sibonney TORONTO, Feb 15 (Reuters) - The Canadian dollar advanced against the US dollar on Wednesday morning as riskier assets rallied on comments from China's central bank ...

Obama in retreat, again
By Jennifer Rubin Chinese officials denied a visa to a top State Department envoy and refused to meet with her to discuss issues of religious freedom days before this week's high-profile visit to Washington by China's vice president, according to ...

METALS-Copper slips on Greek bailout delay worries
(Updates prices, adds quotes, changes details) * China physical copper business remains slow * China to continue to invest in euro zone debt * Copper prices could fall 5 pct by month end-analyst By Harpreet Bhal and Silvia Antonioli LONDON, ...

Xiaomi's Amazon Approach to IPhone Fight Means Losses for Next Three Years
Enlarge image Xiaomi M1 Smart Phones Xiaomi M1 Smart Phones Nelson Ching/Bloomberg Xiaomi Corp. M1 smart phones running the MIUI operating system are displayed at the company's headquarters. Play Video Enlarge image Employees Work At Xiaomi Employees ...

As China's Currency Rises, US Keeps Up Its Pressure
WASHINGTON — With little fanfare, China's currency has appreciated significantly in the last year and a half, leading many economists to question whether the exchange rate is still the most important economic issue for the United States to press with ...

China Sees Renewed Capital Inflows, Yuan Gain Expectations
By Bloomberg News Feb. 16 (Bloomberg) -- Capital flows into China have rebounded this year, the central bank said, bolstering the case for officials refraining from any immediate cuts in banks' reserve requirements. Expectations for a decline in the ...

Guandong Faces Uncertain Future as Factories Move Out
There are news reports almost every day about factories downing their shutters in Guangdong, one of China's most populous and prosperous provinces. Some are shutting down because the companies that own them are going bankrupt, while other corporations ...

Worsening air pollution costs China dearly: study
By Tan Ee Lyn | HONG KONG (Reuters) - China's worsening air pollution, after decades of unbridled economic growth, cost the country $112 billion in 2005 in lost economic productivity, a study by the Massachusetts Institute of Technology (MIT) has found ...

China's Stocks Drop on FDI Slump, Europe; Jiangxi Copper Falls
By Bloomberg News Feb. 16 (Bloomberg) -- China's stocks fell from a two-month high as a slump in foreign direct investment and delays in a European aid package for Greece overshadowed speculation the government will introduce measures to bolster ...

Slawinski Auction Co. opens new gallery in Scotts Valley this weekend; sales ...
Slawinski Auction Co. opens new gallery in Scotts Valley this weekend; sales ...

China signs US soy deals, set for record purchase
By Carey Gillam | DES MOINES, Iowa (Reuters) - A Chinese trade delegation signed agreements with US grain companies on Wednesday to buy 8.62 million tones of soybeans from the United States and will ink more deals on Thursday for a record-setting ...

China leader-in-waiting Xi woos and warns US
* Expected next leader of China sees shared responsibility * Xi visits small-town Iowa, received at Iowa state dinner * Xi open to coordination on North Korea, Iran hotspots * Xi calls Americans "honest, warm hearted, hard-working" * Chinese to make $4 ...

Gold demand rises in 2011 as cenbanks, China buy-WGC
* Says China's consumption could overtake India in 2012 * Gold hit record $1920.30 an ounce in 2011 * European demand jumped on region's debt crisis By Amanda Cooper LONDON, Feb 16 (Reuters) - Gold demand struck 14-year highs in 2011, driven by record ...

Emerging Stocks Fall to One-Week Low on Greece Delay, China FDI
By Weiyi Lim and Jason Webb Feb. 16 (Bloomberg) -- Emerging-market stocks fell, set for the lowest in almost a week, after a decision on a second bailout for Greece was delayed and foreign investment into China declined. The MSCI Emerging Markets Index ...

China envoy heads for Syria in stepped-up diplomacy
By Ben Blanchard and Michael Martina | BEIJING (Reuters) - China disapproves of armed intervention or regime change in Syria, a minister said on Thursday before leaving on the first official trip to Syria since Beijing blocked a UN resolution calling ...

Jinchuan Gains Most in Three Months on Indonesia Speculation
By Bloomberg News Feb. 16 (Bloomberg) -- Jinchuan Group International Resources Co. shares jumped the most in three months on speculation Indonesia may bring forward restrictions on exports of metal ores including nickel to May, potentially boosting ...

How to handle China's Xi Jinping
The US visit of Beijing's leader-designate offers an opportunity to try gauging his intentions. But the real work must be to find common ground. By Timothy Garton Ash Individuals make history. If the last leader of the Soviet Union had not been Mikhail ...

Romney: Obama going in 'wrong direction' on China
* Romney levels criticism during Xi Jinping's visit * Tough talks on China a centerpiece of Romney campaign By Susan Heavey WASHINGTON, Feb 16 (Reuters) - Mitt Romney lashed out at what he called President Barack Obama's weak policy on China, ...

DIARY - Asian Market Holidays to December 2012
REUTERS DIARY OF ASIAN HOLIDAYS Details below represent the latest information available and will be supplemented later, particularly with updated entries for Muslim holidays. Double-click in brackets for Americas holidays diary , European holidays, ...

METALS-Copper slips on weak euro, delays in Greek bailout
(Recasts, updates prices, adds details) * Copper falls to 3-week low, below support at $8280/T * Euro falls vs dollar on Greece bailout delay * Moody's might cut credit ratings of 114 European institutions By Harpreet Bhal and Maytaal Angel LONDON, ...

Calif vintners are finding success marketing fine wines to a growing Chinese ...
Calif vintners are finding success marketing fine wines to a growing Chinese ...


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