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China News 06/2012 (Page 10)



US hotels pander to Chinese tourists
Major hotel brands are bending over backward to cater to the needs of the world's most sought-after traveler: the Chinese tourist. Now arriving on American shores in unprecedented numbers thanks to a streamlined visa process and a rising Chinese middle ...

China Mobile 3G user growth slow, carrier is 'in need of an iPhone'
By Neil Hughes Though China Mobile is the largest wireless provider on on the planet, its number of high-speed 3G subscribers remains relatively small and growth is slow as the carrier does not currently offer Apple's iPhone. Noting that China Mobile's ...

Is Siri Censored in Chinese?
... the ... since the series The ... Real ... Deal and Chinese but it seems to have ... a full lacked an understanding of the language joining me now is Jon stand reporter from Beijing ... okay Johnson is Siri intentionally not understanding words in ...

Cambodia Ambiguous on Plans for French Architect
HONG KONG — Cambodia's Foreign Ministry said on Friday that the country had no plans to extradite to China or France a detained French architect with links to a disgraced Chinese politician and his wife, but that the architect was not yet being set ...

* Small firms struggle to get global reach
(Corrects spelling of name throughout to de Royere, not de Royer) * Small firms struggle to get global reach * Chinese customers attracted to big brand names By Nina Sovich PARIS, June 22 (Reuters) - Poupie Cadolle's family has been making handmade ...

METALS-Copper pares losses from 6-month low
* Weaker dollar helps copper pare losses * German business sentiment falls to 2-year low * Metals producers review expansion projects By Susan Thomas and Eric Onstad LONDON, June 22 (Reuters) - Copper pared losses after hitting six-month lows on Friday ...

LDK Leads Slump on First-Quarter Loss Forecast: China Overnight
LDK Solar Co. fell the most in three weeks, leading declines in Chinese stocks traded in New York, on prospects the world's second-largest maker of wafers will report a fourth consecutive quarter of losses. The Bloomberg China-US Equity Index (CH55BN) ...

DC mayor visiting China to tap investors
DC Mayor Vincent C. Gray leaves Saturday for a week-long trip to China to try to secure billions of dollars for investment in city development projects, including potential financing of the proposed 37-mile streetcar network. In his first overseas trip ...

Founder of Chinese tech giant Huawei calls for cyber cooperation amid security ...
Founder of Chinese tech giant Huawei calls for cyber cooperation amid security ...

At US hotels, Chinese treated to comforts of home
MEGHAN BARR, AP In this Friday, June 15, 2012, a group of tourists from China take in the sights of the New York Stock Exchange and Federal Hall National Memorial. Major hotel brands are bending over backward to cater to the needs of the world's most ...

Chinese Data Mask Depth of Slowdown, Executives Say
HONG KONG — As the Chinese economy continues to sputter, prominent corporate executives in China and Western economists say there is evidence that local and provincial officials are falsifying economic statistics to disguise the true depth of the ...

Chinese Officials Falsify Data to Mask Slowdown, NYT Says
Some Chinese economic indicators are being inflated by roughly 1 or 2 percentage points as local officials falsify statistics to mask the extent of the nation's slowdown, the New York Times reported, citing company executives in China and Western ...

China rescues 11 Vietnamese from prostitution
AP BEIJING -- State media say police in southern China have rescued 11 Vietnamese women who were abducted and forced into prostitution in a border province and are returning them home. State-run China News Service said Saturday that police in Guangxi ...

Long-term goals charge Chen's studies at American law school
Five times a week, under the guidance of an English tutor at New York University's law school, Chen Guangcheng has been using the Declaration of Independence as a makeshift textbook. For a man who spent most of the past decade in China fighting for the ...

Dollar Wary Brazil And China Sign Currency Pact
People's Bank of China. Brazil and China sign pact to share foreign currency reserves in their own currency, not in the US dollar. Brazil and China signed a $30 billion currency exchange pact on Friday, a deal that will commit their Central Banks to ...

U.S. women look to finally claim volleyball gold
Four years ago in Beijing, coach Hugh McCutcheon led the US men to an emotionally charged gold-medal victory over defending champion Brazil. The US women are his project in London. The women have never won gold in indoor volleyball, which became an ...

Chinese group Bright Food buys Bordeaux wine exporter Diva
| PARIS, June 23 (Reuters) - State-owned Chinese food group Bright Food is to buy a 70 percent stake in Bordeaux wine exporter Diva to gain a foothold in the wine-making region, the French merchant said. China, the biggest importer of Bordeaux wines, ...

Suzlon Group to sell China subsidiary for $60 mn
New Delhi, June 23 — Wind turbine maker Suzlon Saturday said it will sell stake in its China manufacturing subsidiary to China Power New Energy (CPNE) Development Company for $60 million (Rs.340 crore). "The two companies signed a binding term-sheet ...

U.S., China to vie for highest Olympic medal count in London
By Bryan Fischer | College Football Recruiting Blogger With just over a month until the Olympic games start in London, people around the world are finally getting closer to understanding the most important aspect of the event: which athletes will ...

Dragon Boat Festival Celebrations Make a Splash
Vincent Yu / AP Andy Wong / AP The Duanwu Festival, also known as the Dragon Boat Festival and Double Fifth, falls on the fifth day of the fifth month of the Chinese calendar. The celebrations commemorate the death of Qu Yuan—a famous Chinese poet ...

In China, PC giant Lenovo rises to challenge Hewlett-Packard
DA SHAN, China -- Long before Lenovo catapulted out of nowhere to threaten Hewlett-Packard's (HPQ) position as the world's No. 1 computer company, its executives understood that to win globally they had to win in Chinese hamlets like this, where donkey ...

China Vice Busts Human Trafficking Ring
Asian-American actress Lucy Liu seen here speaking out against human trafficking for UNICEF in a 2009 photo. (Photo credit: Wikipedia) Like a scene from the Asian version of Miami Vice, China vice cops raided a brothel posing as a beauty parlor in ...

Look For China To Buy More US Companies
Like Japan in the 1980s, China will be the big Asian investor buying up pieces of America's landscape, natural resources and companies. It's a good thing. Over the weekend a US Commerce Department official said during a conference in Nanjing that China ...

Goodman man honored for recovery after fall from balcony in China
Freddie Jennings: 'There is a purpose in my life and I need to fulfill that.' By Josh Letner [email protected] GOODMAN, Mo. — In April 2011, Freddie Jennings was enjoying life as a 28-year-old American student living in China, but events took a ...

Asia made easier with a cruise ship as home base
The Great Wall of China's JuYong Pass is regarded as one of the wall's three great mountainous passes. A Shanghai street scene is reflected in a shop selling Chinese herbal medicines. Tourists snap away within the garden inside the Forbidden City in ...

The billionaires list
(This is a guest post by Ruchir Sharma, head of emerging markets at Morgan Stanley Investment Management and author of the new book, Breakout Nations: In Pursuit of the Next Economic Miracles.) After nearly two decades of investing in emerging markets, ...

Eight Famous Investment Banks Support Evergrande to Dispel Rumors Spread by A ...
Eight Famous Investment Banks Support Evergrande to Dispel Rumors Spread by A ...

Quake in southwestern China kills 1, injures 10
AP BEIJING -- State media say a moderate earthquake in a mountainous part of southwestern China has killed one person and injured 10 others. The official Xinhua News Agency says the magnitude-5.7 quake struck Sunday afternoon and was centered near the ...

Over the river and into rural China
By AP / Travel YANGSHUO, China — A search for iconic China often takes tourists to the Great Wall in the north and the archaeological pits of the terra-cotta warriors in the nation's midsection. But for a glimpse of China's natural beauty, ...

Qatar Seeks $5 Billion China QFII Quota, Securities Journal Says
By Bloomberg News on June 24, 2012 Qatar's sovereign wealth fund is applying for a license and a $5 billion quota to invest in China under the nation's Qualified Foreign Institutional Investor program, the China Securities Journal said on its website, ...


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