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China News 05/2012 (Page 9)



ADR Premium to BRICs Narrows on Europe Concerns: China Overnight
Chinese companies traded in the US fell to the lowest valuations versus the biggest emerging markets in a year as Europe's debt crisis deepened and growth in the world's second-largest economy slowed. The Bloomberg China-US Equity Index (CH55BN) of the ...

Renren Declines Most on Record as Facebook IPO Optimism Fades
Renren Inc. (RENN) fell the most on record as Facebook Inc. (FB)'s initial public offering failed to boost investors' confidence in the Chinese social networking website that won't turn profit until late 2013. Beijing-based Renren tumbled 21 percent, ...

Five Best: Paul French
By PAUL FRENCH By James Fox (1982) 'What men call gallantry, and gods adultery," Byron wrote, "is much more common where the climate's sultry." That was never truer, as British journalist James Fox showed in his shockingly frank "White Mischief," than ...

China's wobbly transition
Perhaps when Chinese leaders began to speak over the past several years about a new “Beijing Consensus” and the triumph of the “China Model,” that was a warning that the bubble was about to burst. And we're seeing that hubris play out now, ...

China strengthens military, Pentagon report says
China is using its growing economic strength to extend its military's influence by taking on new missions and investing in more advanced weaponry, the Pentagon said Friday. But the main focus of China's military buildup continues to be directed toward ...

Chinese communist leaders denounce US values but send children to US colleges
CAMBRIDGE, Mass. —When scholars gathered at Harvard last month to discuss the political tumult convulsing China's ruling Communist Party, a demure female undergraduate with a direct stake in the outcome was listening intently from the top row of the ...

LA Police: 2 Arrests in Chinese Student...
LA Police: 2 Arrests in Chinese Student...

Music: Peter Serkin, Shanghai Quartet
It's interesting how often folk music from one country can suggest an unlikely kinship with folk music from other, far-flung regions of the world. The more I listened to Bright Sheng's Dance Capriccio for Piano and String Quartet on Thursday at the ...

LA police arrest 2 in killings of Chinese students
LOS ANGELES – Police arrested two young men in the shootings deaths of two graduate students from China last month near the University of Southern California, an attack that stunned a school that has more international students than any other US ...

Tunnel blast kills 19 at Chinese construction site
BEIJING – A blast in a tunnel killed 19 workers at a central Chinese highway construction site on Saturday, authorities said. The explosion in Hunan province also injured one person, said two officials from the provincial work safety bureau who would ...

Recommended: Blind Chinese activist Chen leaves Beijing on flight to US
In Behind the Wall, NBC News correspondents and producers examine events and trends in China, both big and small. Uncredited / AP In this photo released by the US Embassy Beijing Press Office, blind lawyer Chen Guangcheng sits in a chair at the US ...

SEC Chair Schapiro Cites Serious Domestic Business For Cancelling Flight To ...
SEC Chair Schapiro Cites Serious Domestic Business For Cancelling Flight To ...

China and the lure of the status quo
— A rising Asian power with an unstoppable export machine, rapidly growing wealth and a sense that America's time is past and its time has come: China in 2012? Yes — but also Japan in the 1980s. Back then, many Americans thought Japan was destined to ...

China Security Chief Seems to Keep His Hold on Power
BEIJING — The Chinese security chief, Zhou Yongkang, completed a prominent tour of the volatile region of Xinjiang last week, a sign that he still had a firm hold on his post and wielded power despite the fact that he had opposed the purging of Bo ...

Google gets China OK for Motorola deal
By AP Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week. But Chinese regulators attached a big condition: That Google's Android operating ...

China's New Plan: A Great Leap Into The Air
by NPR Staff by James Fallows Right at this moment, more than two-thirds of all airport construction in the world is happening in China. The country is in the first full year of a five-year plan to eventually make China the center of global aviation, ...

Google gets China OK to buy Motorola
NEW YORK (AP) – Authorities in China have approved Google Inc.'s bid to buy phone maker Motorola Mobility, clearing the way for the $12.5 billion deal to close early next week. By Virginia Mayo, AP Google's Android software powers more than 250 million ...

Tunnel blast kills 20 at Chinese construction site
AP BEIJING — A blast in a tunnel has killed 20 workers at a highway construction site in central China. In this photo released by China's Xinhua News Agency, the entrance of a tunnel where a deadly explosion took place is cordoned off, in Yanling, ...

Rest of the world has a stake in China's stability
Perhaps when Chinese leaders began to speak over the last several years about a new “Beijing Consensus” and the triumph of the “China Model,” that was a warning the bubble was about to burst. We're seeing that hubris play out, as China's leaders ...

China state-run businesses to invest 350 bn yuan in Chongqing
| BEIJING May 20 (Reuters) - Thirty of China's biggest state-owned businesses have signed contracts worth about 350 billion yuan ($55.3 billion) with the southwestern municipality Chongqing, Chinese media reported on Sunday, in a sign of Beijing's ...

India gets onto mutual fund investors' radars
AP By AP BOSTON — Investors who see opportunity in Asia's growth typically think of China first. That's one reason why there's no shortage of options for US investors looking to buy a stock mutual fund that focuses on China. But venture southward to ...

Novel's polluted lake based on real Chinese problem
Qiu Xiaolong's seventh mystery is set in a city close to Shanghai, where the author grew up before moving to St. Louis in 1988. Qui's Inspector Chen, a figure of moral rectitude among corrupt communist leaders, vacations in Wuxi in "Don't Cry, ...

China Will Speed Up Approvals for Qualified Foreign Investors
China will work to speed up approvals of qualified foreign institutional investors looking to buy into its domestic securities, as part of reforms aimed at adding depth to the country's capital markets. China's foreign exchange regulator has approved ...

Google wins China clearance For Motorola deal
By John Letzing SAN FRANCISCO -(MarketWatch)- Google Inc. (NASDAQ:GOOG) said Saturday Chinese antitrust authorities have cleared the Internet giant's purchase of Motorola Mobility Holdings Inc. (NYSE:MMI) , pushing the $12.5 billion deal over its last ...

China's Wen Pledges Decisive Action on Economy
BEIJING—Chinese Premier Wen Jiabao declared that policies meant to prevent a rapid economic slowdown must be applied decisively, suggesting that Beijing is leaving the door open for more-aggressive measures. "No matter the fiscal policy or the ...

INSIGHT-China pays high price to spare state firm from bankruptcy
By Gabriel Wildau and Carrie Ho | WEIFANG, China May 21 (Reuters) - The Chinese official was adamant the city of Weifang would keep its rayon factory open, noting that local authorities had just stepped in to help the plant's owner repay $60 million in ...

North Korea releases detained Chinese fishermen
BEIJING (Reuters) - North Korea released a number of Chinese fishermen and boats on Sunday two weeks after seizing them, ending a rare public dispute between the two allies, Chinese state media reported. The boats were taken in the Yellow Sea between ...

American men and women blanked in badminton losses in tournaments in China
WUHAN, China — US men and women lost Sunday in international badminton matches. The men were defeated by South Korea 5-0 in the Thomas Cup. The American women fell by the same score to Japan in the Uber Cup. On the men's side, Denmark defeated South ...

Asian Stocks Gain, Yen Weakens on China Growth Pledge
By David Yong and Yoshiaki Nohara on May 20, 2012 The yen weakened against all its major peers and commodities gained on speculation China and Japan may do more to support economic growth. Oil rose, ending a six-day drop. The Japanese currency fell 0.2 ...

METALS-Copper extends gains; euro zone weighs
SHANGHAI, May 21 (Reuters) - Copper on Monday extended gains from the previous session when bargain-hunting and short-covering from investors pushed it up from four-month lows. But market participants were still jittery about Europe's debt woes, ...


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