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China News 04/2012 (Page 10)



Farmers Retool to Feed China
By VAUHINI VARA VISALIA, Calif.—California's agricultural Central Valley has thrived for decades on Americans' seemingly endless appetites. Now, with US market growth slowing, farmers are going after a different group of consumers: middle-class ...

Hacker attack underlines Web role in China scandal
By ISOLDA MORILLO and CHRISTOPHER BODEEN A massive hacker attack has crippled an overseas website that has reported extensively on China's biggest political turmoil in years, underscoring the pivotal role the Internet has played in the unfolding ...

Beijing film festival opens amid China's movie industry boom
China recently overtook Japan to become the largest foreign market for American films, and the number of screens doubled in five years to 10700 at the end of last year. “The Avengers” star Jeremy Renner will walk the red carpet at the Beijing ...

China enters internet 'battlefield' over Bo
By Jaime A. FlorCruz, CNN Editor's note: "Jaime's China" is a weekly column about Chinese society and politics. Jaime FlorCruz has lived and worked in China since 1971. He studied Chinese history at Peking University (1977-81) and was TIME Magazine's ...

World stocks weighed down by glum US economic data
By PAMELA SAMPSON World stock markets fell Friday as strong US company earnings failed to calm worries the world's No. 1 economy is struggling to maintain its recovery. Lackluster data from the US that included unemployment benefit applications and ...

China high court spares tycoon's life in loan case
China's supreme court on Friday rejected the death sentence of an ex-tycoon who was convicted of illegally raising money for her business in a case that prompted a public outcry. The Supreme People's Court said it was sending 31-year-old Wu Ying back ...

Analysis: Did US fumble chance to peer inside China's secretive leadership?
By Mark Hosenball | WASHINGTON (Reuters) - Information about a Chinese policeman who implicated the wife of a top Chinese official in a British businessman's murder was not circulated widely in Washington as he was considered of marginal intelligence ...

China's Top Court Suspends Death Sentence for 'Rich Sister' Wu
April 21 (Bloomberg) -- China's Supreme Court suspended the death sentence for Wu Ying, a woman whose conviction for defrauding investors of $55.7 million highlighted the country's shadow-banking system and sparked a debate on the use of capital ...

Volvo technology transfer a lifeline for Geely
| HANGZHOU, China (Reuters) - The chairman of Zhejiang Geely Holding Group Co., which acquired Volvo (VOLVb.ST) in 2010, faces a grueling dilemma: Risk diluting the storied Swedish marque by sharing technology with Geely or let the Chinese brand face ...

Half a World Away, a Familiar Name
By DAVID GONZALEZ A lot of people know about Syd Greenberg in China. Mind you, he hadn't been back there since the mid-1940s, when he was an Army Signal Corps photographer assigned to the China-Burma-India theater of operations, documenting how ...

Grace leads China Open
By Sports Network Branden Grace is in position for his third victory of the European Tour season, vaulting to the top of the leaderboard at the China Open on Saturday with an eight-under 64 in the third round. Grace, who won a pair of tournaments in ...

US woman becomes hero for battered wives in China
BEIJING – Her head was ringing from the blows. Once, twice, three times, her husband slammed her face into the living room floor. Kim Lee tried to twist her tall but skinny frame out from under his 91-kilogram (200-pound) body, scraping her elbows and ...

Retail roundup: London tops Dubai, Apple, trademarks in China
By Shan Li --London has overtaken Dubai as the world's prime shopping destination, according to a new report. The British capital attracts the most retail brands among all the great shopping cities around the globe, according to commercial real estate ...

Reuters Sports Schedule at 1400 GMT on Saturday, April 21
April 21 (Reuters) - Reuters sports schedule at 1400 GMT on Saturday (times GMT) - - - - MOTOR RACING Bahrain Formula One Grand Prix MANAMA - Red Bull's Formula One world champion Sebastian Vettel took his first pole position of the season in ...

PBOC's Yi Says Market Has Bigger Role Deciding Yuan Value
China's decision to widen the yuan's trading band against the dollar means investors can play a bigger role in determining the value of the currency, People's Bank of China deputy Governor Yi Gang said. “It's time to let the market more or less decide ...

Reuters Sports Schedule at 0001 GMT on Sunday, April 22
April 22 (Reuters) - Reuters sports schedule at 0001 GMT on Sunday (times GMT) - - - - MOTOR RACING Bahrain Formula One Grand Prix MANAMA - Formula One champion Sebastian Vettel is on pole with Britain's Lewis Hamilton alongside him for a Bahrain Grand ...

Audi Aims for Record Sales in China and US
By WSJ Staff INGOLSTADT, Germany—German luxury-car maker Audi AG is hopeful of selling 700000 cars a year in China later this decade and aims to sell more than 130000 cars in the US for the first time this year, as demand for premium vehicles ...

China Could Finance Refineria Del Pacifico: Ecuador's Correa
QUITO, Ecuador -(Dow Jones)- Ecuadorean President Rafael Correa said Saturday China could fully finance the $13 billion Refineria del Pacifico, a joint project between Ecuador and Venezuela's state oil companies. "China is very interested in financing ...

China's demand for Northwest geoducks brings rise in poaching
Fueled by demand from China, prices for Northwest geoduck clams are soaring. Geoduck growers and legal harvesters are making big profits, while regulators worry that poaching is on the rise. By Craig Welch Ben German loads about 1500 pounds of geoducks ...

PBOC Gov Zhou: China Looks Forward To IMF Supervision Reform
BEIJING (Dow Jones)--China is looking forward to "decisions as soon as possible" from the International Monetary Fund on its supervisory reform, which would enhance the overall supervision of systemic risk and macroeconomic policies of member states, ...

China Millionaire Escapes Death Sentence
Standing in a Zhejiang province courthouse wearing a yellow jail cell gear on April 16, the former wealthiest woman in China managed to escape the official grim reaper. Wu Ying, a 31-year-old businesswoman, was sentenced to death in 2009 by the local ...

GM restructuring China joint venture as operations expand in major market
BEIJING — General Motors Co. has agreed with its main Chinese partner to restructure their joint venture and give the American automaker an equal stake. The president of GM's China unit, Kevin Wale, said Sunday that the partners were seeking Chinese ...

Yunnan cuisine comes to Manhattan thanks to Tribeca's Lotus Blue
By Patty Lee / NEW YORK DAILY NEWS From left, Jeffrey Lim, Kian Lam Kho and Robert Zhu at Lotus Blue on Reade St. in Tribeca. Crispy Fried Red Snapper with Chili Sweet and Sour Sauce at Lotus Blue on Reade St. in Tribeca Mint, wild mushrooms and banana ...

Ford to quadruple SUV offerings in China over next year
(Reuters) - By Ben Klayman BEIJING, April 22 (Reuters) - Ford Motor Co (FN), seeking to tap into China's growing appetite for brawny sport utility vehicles, will quadruple its offerings in that segment over the next year. The US automaker, a latecomer ...

Analysis: The Sudans put China in a policy bind
By Michael Martina | BEIJING (Reuters) - When one of your big oil suppliers splits into rival states, that's a problem for any country. When you're China, with its huge appetite for energy and a tradition of never wanting to take sides, ...

Lamborghini Urus SUV concept: Unconventional offroader
Lamborghini finally takes the wraps off its much rumored SUV during Auto China 2012 in Beijing. The Urus concept points the direction for a production SUV in the Lamborghini line-up. by Wayne Cunningham April 22, 2012 5:05 AM PDT Follow @way4ne ...

An Interesting Window Into China's Rise In Global Business
One reason I like this list is because it's so in-depth. An annual ranking of 2000 companies published for several years allows for the discovery of many more interesting global trends than a compilation of only, say, 500 members. (Sorry, Fortune.) ...

Reuters Sports Schedule at 1400 GMT on Sunday, April 22
April 22 (Reuters) - Reuters sports schedule at 1400 GMT on Sunday (times GMT): - - - - MOTOR RACING Bahrain Formula One Grand Prix MANAMA - Formula One world champion Sebastian Vettel roared to his and Red Bull's first win of the season in a lively ...

ABC TV's Castle Is a Big Hit, But Are Its Economics Sound?
For readers unfamiliar with the show, Castle is a hit ABC series about a bestselling crime novelist, Richard Castle, who is given permission by the Mayor of New York to follow a NYPD homicide team. Knowledge gained makes Castle's novels even more ...

Car makers gear up for a tougher China market
| BEIJING (Reuters) - China's massive car market may still be young, but the auto industry CEOs descending on Beijing this week will see first hand that it's also growing up fast. The Beijing auto show starts on Monday at a time when China's auto ...


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