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China News 05/2012 (Page 13)



'They Eat Puppies, Don't They?': Christopher Buckley, amuser-in-chief
Christopher Buckley: his "narrative sets up parallels between the corridors of power and various bedrooms..." By Carlo Wolff Christopher Buckley's latest foray into international affairs is entertaining and topical. It cuts close to the bone, ...

U.S. soccer star Carli Lloyd happy to return to PPL Park to play China
By Marc Narducci PRINCETON - Carli Lloyd has enjoyed her recent New Jersey homecoming, and the soccer star is looking forward to the conclusion of her return to the area when the US women's national team meets China in Sunday's 7 pm international ...

Luxury cars, SUVs show rapid growth in China
Fiat expects the Fiat 500, especially the Gucci version, will sell well because Chinese consumers like name brands and luxury items. "The Gucci version is very important for this market," said Fiat chief Olivier François. "It's an amazing fit for China ...

Long China-Korean friendship has soured
Observers in Beijing say the new regime of Kim Jong Un has been decidedly provocative. By Alexa Olesen Associated Press A North Korean patrol boat is seen making its way along the Yalu River near Dandong in northeastern China's Liaoning province, ...

China detains official for underage rapes after Weibo uproar
BEIJING - Police in central China detained Li Xingong, a former Communist Party official, on suspicion or raping underage girls, state media said on Sunday, following an online uproar about the latest case of abuse of power. Only on msnbc.com Prime for ...

Orchestra's residency in China: What's the goal?
Top, the Philadelphia Orchestra led by Charles Dutoit performing at the Shanghai Expo in 2010. CHRIS LEE / Philadelphia Orchestra Association Behind the ceremonial pleased-and-humbled platitudes voiced incessantly on the eve of the Philadelphia ...

China enters new era of services expansion with Singapore CPG buy
| BEIJING May 27 (Reuters) - China broadened its overseas investment strategy into the services industry on Sunday, with the country's top state-owned design and management purchasing a Singapore design firm. China's "going out" policy has led to a ...

China to encourage private capital in banking industry
BEIJING (Reuters) - China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday, as the government makes its hardest push in a decade to court private investors by welcoming them into a ...

Graff Diamonds Plans Asian Expansion After $1 Billion H.K. Offer
Graff Diamonds Corp., the London- based jeweler founded in 1960, plans to open 11 new stores in Asia, including eight in China, in the next two years after a $1 billion initial public offering in Hong Kong. Demand for high-end diamonds will grow in ...

China beat South Korea to reclaim Uber Cup
Wuhan (China), May 27 — China reclaimed the Uber Cup badminton event after beating South Korea 3-0 in the final here. China blanked the South Koreans Saturday for their 12th Uber Cup trophy. South Korea had stunned the Asian giants to win the ...

Singapore Stocks-May rise; Aspial, Sin Heng in focus
SINGAPORE, May 28 (Reuters) - Singapore shares may rise on Monday after the Tokyo and Seoul markets advanced, with jewellery, property and finance services firm Aspial Corp Ltd likely to be in focus. Aspial said its subsidiary Maxi-Cash Financial ...

China's Stock Futures Drop After Industrial Company Profits Fall
China's stocks fell, dragging the benchmark index to a seven-week low, as lower industrial company profits fueled concern an economic slowdown is deepening. China Coal Energy Co. and Jiangxi Copper Co. sank more than 1 percent after the statistics ...

Shanghai copper gains, Greece election hopes aid
| SHANGHAI (Reuters) - Shanghai copper extended gains on Monday, as risk aversion eased after surveys showing Greece's pro-bailout camps leading opinion polls helped calm fears of a disorderly exit from the euro bloc. But investors are expected to stay ...

Young Men in China Struggling to Catch Up in Class
SHANGHAI — Wan Zhongni is a tall, lanky 16-year-old high school student who feels as though something is missing from his upbringing in China. He does not feel as if he has the time to do what boys like to do — playing sports or video games, ...

China's energy investment push only for the brave
By Charlie Zhu and Judy Hua | HONG KONG/BEIJING (Reuters) - Private investors with the money and technology to unlock China's vast pools of shale and coal seam gas will need strong stomachs to brave the unpredictable, unsupported and unregulated sector ...

China Tightens Officials' Overseas Travel to Prevent Flight
China's Communist Party will boost measures to make sure government officials don't flee the country or transfer money abroad, the party said on its website. The Central Disciplinary Inspection Commission will set up a “flight-prevention coordinating ...

2 Tibetans set selves on fire outside Lhasa temple
BEIJING – Two men engulfed themselves in towering flames outside a temple that is a popular tourist site in Lhasa, marking the first time a recent wave of self-immolations to protest Chinese rule has reached the tightly guarded Tibetan capital, ...

JPMorgan Injects $394 Million in China Unit on Faster Growth
By Bloomberg News on May 28, 2012 JPMorgan Chase & Co. (JPM) (JPM), the biggest US bank, increased the capital of its China unit by 2.5 billion yuan ($394 million) to meet rising demand for financial services in the world's fastest-growing major ...

Nissan to make Infiniti at $315 mln China plant from 2014
By Fang Yan and Ken Wills BEIJING May 28 (Reuters) - Nissan Motor Co, Japan's No.2 automaker, will start making Infiniti cars at a 2-billion-yuan ($315 million) plant in China from 2014 as it moves to challenge the dominance of German rivals in the ...

China ruling party expels former railways minister
BEIJING – China's ruling Communist Party expelled an allegedly corrupt former railways minister on Monday, more than a year after his dismissal. The lengthy process underscores the party's challenges as it grapples with how to handle the tricky case of ...

Asia Naphtha/Gasoline-Margins up;China demand eyed
SINGAPORE, May 28 (Reuters) - Asia's naphtha margins were at a week high on Monday, defying weak fundamentals, with traders saying that the lower flat price and hopes of China rolling out stimulus measures to combat an economic slowdown could have ...

A Shocking Earthquake Claim 36 Years in the Making
A small earthquake that struck northern China on Monday morning did little more geologically than cause a few tall buildings to sway, but it managed to send tremors rippling through the Chinese Internet after a researcher claimed the temblor was an ...

Grains Week Ahead-Clash of weather models to pit bulls vs bears
* Weather at center stage in grains * Models offer forecasts for bulls and bears * Export demand back on front burner * Strong dollar may weigh on export demand By KT Arasu CHICAGO, May 28 (Reuters) - Conflicting forecasts by European and US weather ...

Asia Catches a China Chill
It used to be said that when America sneezes, the world catches a cold. The same is now true of China's economic relationship with its Asian neighbors. As the reality of slowing growth in China sets in—and with little help on the way from a ...

When Eisenhower Didn't Go to China
Mao wasn't ready for a 1950s détente with the US, a point Nancy Tucker misses in "The China Threat." By AARON BACK Could the successful American rapprochement with China under President Richard Nixon have occurred much earlier, under President Dwight ...

China's Christians Spread the Word, Undeterred
By JILLIAN KAY MELCHIOR A stone Virgin Mary, holding baby Jesus, awaited under the blood-red cloth, two Christmas trees beside her and lilies at her feet. Slowly, the laity of Wenzhou's underground Qiao Tau Mang Catholic Church assembled before her, ...

Hong Kong's Shun Tak Explores Tourism on Mainland
By CARLOS TEJADA BEIJING—Hong Kong's Shun Tak Holdings Ltd. said it is in talks to strike tourism deals in mainland China as the industry takes greater interest in the fast-growing market. "Through Shun Tak, we definitely are in talks and now looking ...

China Cracks Down on Its Cagey Web Critics
BEIJING — One of China's largest hosts of Twitter-like microblogs decreed new punishments on Monday for users who post comments that its editors — and by extension, China's government censors — deem inappropriate. The service, Sina Weibo, imposed ...

China may allow more private investment in state-owned companies
By David Pierson BEIJING -- Faced with declining profits and a slowing economy, China said it was drafting plans to boost private investment into industries long dominated by the state. Investors would be allowed to target government-controlled sectors ...

Chinese despair at endless food safety scares
By Calum MacLeod, USA TODAY BEIJING – Salivating on their sofas, TV viewers across China have been enjoying a documentary series on the nation's world-famous cuisine. From the lotus and rib soup of Hubei to the mountain mushrooms of Tibet, ...


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