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China News 02/2012 (Page 9)



Mao's death accelerated what Nixon helped start
Say what you will about Richard Nixon, but the Tricky One had it right about China. It was 40 years ago Tuesday that the coldest of Cold War warriors landed in frozen Beijing to toast Communist Party Chairman Mao Zedong, thus opening the vast political ...

Lin-tense war of words between Taiwan, China
US-born Lin, whose parents are Taiwanese immigrants, has been hailed as "the glory of Taiwan". (AFP Photo) TAIPEI: New NBA sensation Jeremy Lin has sparked a war of words between Taiwan and China as the rivals seek to lay claim to being the New York ...

Chinese couples come to US to have children through surrogacy
Americans have long gone to China to adopt babies. In a twist, Chinese couples are now coming here to become parents — through surrogacy. China does not permit surrogate parenting, but that country's rising affluence has given many couples the option ...

Hong Kong Protests Against Mainland Drivers in Territory
By Benjamin Garvey Feb. 19 (Bloomberg) -- About 300 demonstrators marched in Hong Kong today to protest a government proposal that may allow mainland Chinese to drive their cars into the territory. The demonstrators, who were escorted by police as they ...

Searching for Lin-sanity in the Yangtze Delta
South of Shanghai, in Zhejiang province, China, is a four-lane highway that runs the coastline of the East China Sea. This is Yangtze River Delta territory. The wet land and accessible port make this part of China attractive to a whole host of ...

Japan, China to Align IMF Aid Positions
By KELLY OLSEN BEIJING—Japan and China agreed to coordinate their response to any request from the International Monetary Fund for additional funding help to combat Europe's debt crisis, underscoring the close financial ties between Asia's two biggest ...

In China Movie Pact, More 3-D, Less Reality
LOS ANGELES — More “Mission: Impossible”? Bring it on. The next “Les Misérables”? We'll see. A new agreement widening access in China to films from around the world, announced by negotiators for China and the United States late on Friday, ...

China banker urges yuan settlement for oil: report
| BEIJING (Reuters) - China should use its own currency to pay for oil imports from the Middle East, Central Asia and Russia to boost the yuan's global role and challenge the dollar's dominance, a top Chinese commercial bank executive said in comments ...

TEXT: S&P Assigns 'A' Rating To Baosteel's Proposed Sr Unsecd Notes
(The following was released by the rating agency) HONG KONG (Standard & Poor's) Feb. 20, 2012--Standard & Poor's Ratings Services today assigned its 'A' issue rating to the proposed issue of Chinese renminbi-denominated senior unsecured notes by ...

Lamborghini Says Slowing China Economy May Hurt Supercar Demand
Enlarge image Lamborghini Says Slowing China Economy May Hurt Demand Lamborghini Says Slowing China Economy May Hurt Demand Qilai Shen/Bloomberg Visitors take pictures of the Automobili Lamborghini SpA Aventador vehicle displayed at the Auto Shanghai ...

For indie filmmakers, trade accord with China a 'breakthrough'
Under new rules, producers and distributors would be able to negotiate license fees closer to what they get in other countries. Helen Mirren and John Malkovich in "Red." (Frank Masi / Summit Entertainment / February 23, 2010) By Richard Verrier, ...

Asia Stocks Climb as China Cuts Reserve Ratio
Enlarge image Asia Stocks Climb, Dollar Weakens as China Cuts Reserve Asia Stocks Climb, Dollar Weakens as China Cuts Reserve Nelson Ching/Bloomberg The People's Bank of China said it will reduce the proportion of cash that lenders must set aside by ...

China's urban migrants hold key to domestic demand
By Nick Edwards and Chris Buckley | SHANGQIU, China (Reuters) - Liu Tao knows he will never be rich enough to own one of the luxury apartments in Beijing that he has been paid to decorate for more than a decade, but he's saving hard so that in another ...

Apple's legal woes in China offer hope to rivals
By Lee Chyen Yee and Huang Yuntao | HONG KONG (Reuters) - Apple Inc's legal row over its iPad trademark in China creates a window of opportunity for rivals such as Lenovo Group Ltd and Samsung Electronics Co Ltd as they try to chip away at the US ...

Analysis - China bid to boost growth a surprise in timing only
By Kevin Yao | BEIJING (Reuters) - Any surprise at the timing of China's move this weekend to spur bank lending may be misplaced. Instead, investors should recognise that China is determined to engineer a soft landing for the world's second-biggest ...

Apple plans environmental audits of China suppliers
By Kathy Chu, USA TODAY HONG KONG – Apple has told a prominent Chinese environmental activist that it will soon launch independent environmental audits of at least two suppliers' factories in China, the activist said. Paul Sakuma, AP The Apple logo is ...

Ford Predicts Moderate Sales Gains in China
By ANDREW GALBRAITH SHANGHAI—Ford Motor Co. expects China's vehicle sales to rise "about 5%" in 2012, the auto maker's regional head said, forecasting a second year of relatively moderate growth for the world's largest car market after years of ...

Chongqing Officials Pledge to Step Up Crime Fight
By BRIAN SPEGELE BEIJING—Officials in the southwestern city of Chongqing pledged to step up campaigns against organized crime and corruption even as questions continued to mount over the credibility and political future of the city's Communist Party ...

Mainstream, China's Goldwind Build $140 Million Chilean Farm
By Sally Bakewell Feb. 20 (Bloomberg) -- Mainstream Renewable Power Ltd. will build a $140 million wind farm in northern Chile using machines made by Xinjiang Goldwind Science & Technology Co. as China's second-largest turbine-maker increases overseas ...

Emerging Stocks Head for Six-Month High on Greece, China Easing
By Jason Webb and Ksenia Galouchko Feb. 20 (Bloomberg) -- Emerging-market stocks rose, with the benchmark index poised for the highest closing level in six months, as European finance ministers meet to discuss a Greek bailout and after China cut banks' ...

Bluer Skies For Shanghai? US Start-Up Strikes $1.25 Billion Deal To Turn ...
Bluer Skies For Shanghai? US Start-Up Strikes $1.25 Billion Deal To Turn ...

Hong Kong shares seen rangebound pending Greece deal
HONG KONG, Feb 21 (Reuters) - Hong Kong shares could open flat to slightly higher on Tuesday, but gains are seen capped by chart resistance ahead of any Greek bailout deal. On Monday, the Hang Seng Index closed down 0.3 percent at 21424.8 after opening ...

China Telecom to Start Offering IPhone 4S in March
Enlarge image iPhone 4 iPhone 4 Chris Goodney/Bloomberg China Telecom Corp. (728) will offer Apple Inc. (AAPL)'s iPhone 4S starting March 9, making it the nation's second mobile-phone company to sell the device. Users who commit to a two-year contract ...

The China Crisis That Wasn't
By TOM ORLIK If a tree falls in a forest and there is no one to hear it, does it make a sound? With the fallout from the splurge in local Chinese government loans set to take place outside the view of the markets, that philosophical question has real ...

China's Thermal Coal Prices to Extend Decliness in 2013, Bernstein Says
Thermal coal at Qinhuangdao, China's biggest delivery port for the fuel, will extend declines in the next two years as production outpaces demand and transport constraints ease, Sanford C. Bernstein & Co. said. Prices may fall 5 percent this year and ...

China Telecom to sell iPhones; China Mobile still months away
By Lee Chyen Yee and Huang Yuntao | HONG KONG (Reuters) - Apple Inc has signed with China Telecom to sell its iPhone in China from next month as it looks to boost its flagging share of the world's biggest mobile phone market. While Apple has now signed ...

Beijing Brews Up Its Own Craft Beers
By Brittany Hite With the recent opening of Slow Boat Brewery in Beijing, the city's number of Western-style microbreweries officially doubled — to two. But according to both brewers, there's a growing and largely untapped market in China's capital as ...

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, ...

COMMODITIES DAYBOOK: Raw Materials Rally as Greece Wins Bailout
Commodities advanced to the highest level in more than six months as euro-area finance ministers reached agreement on a second debt bailout package for Greece, boosting the euro and increasing demand for raw materials. WHAT TO WATCH: (ALL TIMES NEW ...

China accord makes independents' day
By RICHARD VERRIER LOS ANGELES -- Independent filmmakers are joining Hollywood's major studios in praising a new trade agreement that eases restrictions on distributing movies in China. "We do think it's a breakthrough," said Jean Prewitt, ...


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