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China News 05/2012 (Page 7)



UN cap-and-trade system: Good for China and India, but who else?
The United Nations-administered cap and trade system to reduce planetary greenhouse gases through investment in “green” projects in developing countries has directed most of its billions of dollars in investments to China and India, two of the world's ...

China Caught Between Inflation And Hard Landing
By ALEN MATTICH Are China's policymakers starting to worry that they've let too much air out of the bubble too quickly? In a surprise move over the weekend, the People's Bank of China cut its reserve ratio requirement. The general view is that this is ...

Baidu to Offer Low-Cost Smartphone
By PAUL MOZUR BEIJING—Baidu Inc. is poised to launch a low-cost smartphone running its newest mobile operating software, as the company that dominates Internet searches in China looks to shore up its presence in the growing but increasingly ...

Publicis Buys Chinese Digital-Marketing Firm
By LAURIE BURKITT BEIJING—French advertising company Publicis Groupe SA acquired Chinese digital-marketing company Longtuo in a bid to ramp up competition with rivals and to gain strength online as China's mounting television regulations push ...

Uighur Leader Accuses China of 'Systematic Assimilation'
Uighur leader Rebiya Kadeer delivers a speech in front of a East Turkestan flag at the fourth General Assembly of the World Uighur Congress in Tokyo, May 14, 2012. Uighur leader Rebiya Kadeer delivers a speech in front of a East Turkestan flag at the ...

Analysts: UK mining sector selloff overdone
By Alex MacDonald LONDON -(MarketWatch)- The recent decline in mining equities doesn't mean the commodities super-cycle has come to an end; more that the sector has overshot on the downside, providing an attractive entry point for investors interested ...

Melco Leads ADRs Record Losing Streak on Growth: China Overnight
By Ye Xie and Leon Lazaroff on May 14, 2012 Chinese equities traded in New York fell for an eighth day, sending the benchmark index toward the longest run of declines on record, after a cut in local banks' reserve ratios didn't alleviate concerns of ...

A Most Useful Invention
By LEE LAWRENCE Conceived by British Museum curator Clarissa von Spee, "The Printed Image in China, 8th to 21st Century" explores the ways in which prints in China disseminated fact and fiction, high culture and good karma, political propaganda and ...

Asian Stocks, Oil, Euro Fall on Europe Debt
Asian stocks fell, commodities headed for their longest slump in 14 years and bond risk climbed on evidence of slowing growth in China before a report that may show Europe's economy shrank for the first time since 2009. The euro traded near an almost ...

METALS-LME copper at 4-month low on Greece, China worries
SINGAPORE, May 15 (Reuters) - London copper hit fresh four-month lows on Tuesday as investors steered clear of riskier assets with no resolution in sight to Greece's political distress that is compounding investor concerns about a slowing Chinese ...

China Foreign Investment Falls 0.7% in Sixth Monthly Drop
By Bloomberg News on May 14, 2012 Foreign direct investment in China fell for a sixth month in April, as faltering global growth and renewed turmoil in financial markets dented company spending in Asia's biggest economy. Inbound investment dropped 0.7 ...

China Swaps Drop to Four-Month Low as More Policy Easing Likely
China's one-year interest-rate swaps slid to the lowest level since January on speculation policy makers will roll out more stimulus to shore up growth in the world's second-largest economy. China's slowdown may deepen and growth this year will be in ...

After slamming brakes on growth, China reaches for stimulus
Industrial production, imports and exports show signs of a slowdown. The deceleration is being felt in the US, especially Southern California. The Yangshan deep-water port in Shanghai. After hitting the brakes on growth, China now may be reaching for ...

China military paper warns officers to toe party line
| BEIJING (Reuters) - China's top military newspaper warned officers on Tuesday to remain the ruling Communist Party's "most loyal" defenders in the face of what it called Western plotting, describing recent cases of ill-discipline and corruption as a ...

China May Allow Foreign Pension Funds to Invest, WSJ Reports
China may set up a new mechanism for foreign pension funds to invest in the country's capital markets, the Wall Street Journal reported today, citing people it didn't name. The new channel would be separate from the existing Qualified Foreign ...

SMIC's JV With Beijing Shows It Has Government's Support
-- SMIC signed an agreement with the Beijing government to expand the company's chip production facilities. -- Analysts say the pact shows the Chinese chip maker continues to have the government's support. -- The agreement will more than double ...

Lloyd's Register Speaks About China's Shipbuilding Industry
By Michelle Wiese Bockmann on May 15, 2012 The Chinese shipbuilding industry, the world's biggest, is focusing on quality over productivity and overcoming deficiencies, including worker training, retention and research and design, Lloyd's Register said ...

China sees fund outflows in April as growth slows
* China's net FX sales at 60.6 bln yuan in April * Signal capital outflows as economic growth slows * May put pressures on c.bank to cut RRR BEIJING, May 15 (Reuters) - China endured its first month of capital outflows this year in April, ...

China Voices Concern Over Australian-US Military Ties
Australian Foreign Minister Bob Carr speaks at the State Department in Washington during a news conference, April 24, 2012. SYDNEY - China has criticized Australia's plans to increase the number of US military personnel stationed in the Northern ...

Beijing Pledges to 'Clean Out' Illegal Foreigners
Beijing has launched a 100-day campaign to “clean out” foreigners living or working illegally in the city amid a fervent online debate over the behavior, both good and bad, of outsiders inChina. The campaign, which kicked off on Tuesday and will run ...

Baidu unveils low-end smartphone with cloud platform
By Michael Kan IDG News Service - Baidu, which runs China's most popular search engine, has unveiled its newest smartphone, featuring the company's own mobile platform and priced to target the country's low-end handset segment. The Changhong H5018 will ...

In China, English teaching is a whites-only club
By Brittany Tom, NBC News BEIJING – Speak a little English and are willing to relocate? Well, you're probably qualified to be an English-language instructor in China. As long as you are white, that is. Chinese teaching agencies are constantly seeking ...

Dangdang Gains as Yanzhou Coal Discount Widens: China Overnight
By Leon Lazaroff on May 15, 2012 Chinese Internet stocks gained in New York, on prospects Facebook Inc. (FB) (FB)'s increased offering price will spur demand for industry assets while Yanzhou Coal Mining Co. (YZC) (YZC)'s discount swelled as coal ...

Obama's Tariffs on China's Solar Products Will Cost U.S.
Simple economics holds that if you want to promote mass adoption of something, you have to make it affordable and available. This week, the Obama administration is poised to slap potentially hefty tariffs on imports of Chinese solar products, ...

Chinese firm's Canadian contracts raise security fears
The former head of US counter-espionage says the Harper government is putting North American security at risk by allowing a giant Chinese technology company to participate in major Canadian telecommunications projects. In an exclusive interview in ...

S Korea Pension Fund To Seek Higher China Investment Quota 2013
SEOUL (Dow Jones)--South Korea's national pension fund, the world's fourth-largest, said Wednesday it plans to seek approval from China early next year to increase its investments in yuan-denominated Chinese stocks, as part of plans to diversify its ...

Sina results beat view, warns Weibo to eat into Q2
* Sina posts smaller loss than street view * Shares rise 7 percent in after-hours trade * May see more operating losses on higher Weibo investment * Overall online ad market seen as soft By Melanie Lee May 15 (Reuters) - Sina Corp sounded a bearish ...

A Chinese Composer Sounds Off About Music and Politics
BEIJING — Ye Xiaogang, artistic director of the Beijing Modern Music Festival and one of China's leading contemporary composers, is a quicksilver personality who laughs wryly, exudes determination and likes to dress in black. Just back in Beijing from ...

Shift by US Muddles Solar Imports Case
SHANGHAI — Renewable energy companies around the world are awaiting a decision Thursday by the US Commerce Department on whether to impose anti-dumping tariffs on solar panels imported from China, as a little-noticed policy shift by the department ...

Your Heart on Air Pollution: An Olympic Case Study
By Nadja Popovich China's radical blue-sky measures during the 2008 Olympics actually improved Beijingers' cardiovascular health -- if only for a few weeks. In 2008, the Chinese government conducted one of the largest real-time environmental ...


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