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China News 06/2012 (Page 13)



HKEx, China Exchanges Form Venture
By JEFFREY NG And FIONA LAW HONG KONG—Hong Kong Exchanges & Clearing Ltd. said it has formed a joint venture with China's Shanghai and Shenzhen stock exchanges to develop index-linked and equity derivative products, its latest move to integrate with ...

The Shock of the Old
By TONY PERROTTET ANCIEN RÉGIME | Pingyao, an intact 14-century Ming Dynasty walled city, is the last of its kind and was saved from the wrecking ball in 1980 by a crusading preservationist. Johnson Chang, the man largely credited with introducing ...

Tension Mounts Between Vietnam, China
HANOI - Vietnam's new Law on the Sea, passed last week, has sparked a fresh round of tensions with China about competing territory in the South China Sea. When Vietnam's National Assembly passed the law on June 21, the reaction from China was immediate ...

METALS-Copper falls as EU summit gets under way
* EU leaders as divided as ever on debt crisis * Mixed US economic data offers copper little support * Zinc bounces after 6 days of losses on stocks data (Updates prices) By Eric Onstad and Maytaal Angel LONDON, June 28 (Reuters) - Copper edged down on ...

The Age-Old Chinese Issue
By GEOFFREY A. FOWLER Chinese officials last week unveiled a team bound for London with an average age of about 19.5—nearly four years older than the minimum of 16 required to compete at the Olympics. How did the Chinese team get so old in a sport ...

Chinese Industrial Companies' Profits Drop for Second Month
By Bloomberg News on June 28, 2012 Chinese industrial companies' profits fell for a second month in May, a government report showed today, as slowing economic growth hurt corporate earnings. Income dropped 5.3 percent from a year earlier to 390.9 ...

A club in China to help entrepreneurs go overseas
By Lucy Hornby | BEIJING (Reuters) - Chinese entrepreneur Feng Jun tried five times to set up overseas branches to market his MP3 players and other consumer electronics goods. Three of the branches made money, the other two failed, but he said they ...

METALS-LME copper up on dlr; set for weakest quarter since 2011
SHANGHAI, June 29 (Reuters) - London copper rose on Friday, helped by a weaker dollar and assurances by Beijing that top metals consumer China will meet it GDP growth target for the year, but the contract is still on track for its worst quarter since ...

China c.bank says to push ahead with reforms
* Zhou says to press on with rate, forex reforms * To maintain "prudent" monetary policy, tweak if needed * Gov't economist says growth target achievable (Adds details, quotes, background) By Koh Gui Qing SHANGHAI, June 29 (Reuters) - China will push ...

China, Singapore Exempted From US Iran Oil Sanctions
The US said China and Singapore have “significantly reduced” their purchases of Iranian oil, earning exemptions from US financial sanctions that otherwise would have been imposed yesterday. China was the biggest importer of Iranian crude last year, ...

Chinese astronauts return to Earth after 13-day mission to module
BEIJING – A Chinese space capsule with three astronauts aboard returned to Earth on Friday from a 13-day mission to an orbiting module that is a prototype for a future permanent station. The crew of the Shenzhou 9 parachuted to a landing on the ...

United Technologies sent military copter tech to China
By Mark Hosenball and Andrea Shalal-Esa | WASHINGTON (Reuters) - United Technologies Corp on Thursday admitted selling China software that helped Beijing develop its first modern military attack helicopter, one of hundreds of export control violations ...

India morning call-Global markets
-----------------(8:25 am India Time)----------------------- Stock Markets DJIA 12627.01 +92.34 Nikkei 8862.90 -11.21 NASDAQ 2875.32 +21.26 FTSE 5493.06 -30.86 S&P 500 1331.85 +11.86 Hang Seng 19460.87 +444.54 SPI 200 Fut 4039.00 +27.00 CRB Index ...

Blogger Says Chinese Court Overturned Conviction
AP BEIJING—A Chinese blogger sentenced to a year in a labor camp said a court cleared his name Friday in the first known instance of judges overturning a case linked to China's biggest political scandal in years. The fall of Bo Xilai, once a rising ...

China Chengxin Credit Rating to Start to Rate Bonds in Hong Kong
China Chengxin Credit Management Co., one of the country's main credit ratings agencies, will start rating bonds in Hong Kong as more Chinese companies sell debt in the city. China Chengxin has obtained a credit rating license from Hong Kong's ...

In Hong Kong, Frustration 15 Years After Return to Chinese Rule
HONG KONG — The last time President Hu Jintao of China visited this former British colony, in 2007, the public mood was positive, buoyed by the approaching Beijing Olympics and a surging mainland economy that was pouring tourist and investment money ...

TEXT-S&P: US capital goods cos face greater risk from euro zone, China
June 29 - Standard & Poor's Ratings Services' outlook for credit quality in the US capital goods sector remains broadly stable for 2012 and 2013, despite mixed economic indicators in the US and the still-high probability of Europe entering a recession, ...

Father in One-Child Saga Resurfaces in Beijing
By JOSH CHIN BEIJING—The husband of a woman whose forced late-term abortion ignited a fierce debate over China's one-child policy has arrived in Beijing after disappearing from the couple's hometown over the weekend. Deng Jiyuan slipped away from the ...

METALS-Copper up on EU deal, still on track for Q2 drop
* EU leaders flexible on use of rescue funds * Euro rise, dollar fall lifts commodities * Copper on track for worst quarter since Q3 2011 By Susan Thomas and Silvia Antonioli LONDON, June 29 (Reuters) - Copper rose over 4 percent to hit a 1-month high ...

China's Latest Bad News on Profits
By Dexter Roberts on June 29, 2012 Chinese industrial companies' profits fell for a second month in May, down 5.4 percent from a year earlier to 390.9 billion yuan ($61 billion). In the first five months of this year, industrial enterprise earnings ...

US urges China to respect Internet freedom after Bloomberg Web site is censored
American officials urged China on Friday not to censor its Internet after the government blocked access to the Bloomberg News Web site. The Chinese government had denied Web access to the financial news agency after an investigative article on massive ...

LONDON 2012: More than power needed as China, Russia and Iran fight for gold ...
LONDON 2012: More than power needed as China, Russia and Iran fight for gold ...

China to lead talks on nuclear definitions
By Arshad Mohammed | WASHINGTON (Reuters) - China will lead talks among the five original nuclear-armed states to define arms control terms, the group said on Friday, a first for Beijing and a step that might ultimately bring greater clarity about its ...

After 13 days in orbit, China's first female astronaut returns to Earth (+video)
The three-member crew, which includes China's first female astronaut, emerged grinning from their Shenzhou 9 space capsule. By Christopher Bodeen, Associated Press / June 29, 2012 Chinese astronauts Jing Haipeng, Liu Wang and Liu Yang, China's first ...

Strong earthquake strikes west China
BEIJING (AP) – A strong earthquake jolted China's far-western frontier early Saturday, shaking buildings and cutting off electricity in the remote mountainous area and injuring at least 17 people. The US Geological Survey measured the quake, ...

6 Uighur men arrested for attempted plane hijack in China; rights group ...
6 Uighur men arrested for attempted plane hijack in China; rights group ...

Keita heading to China - report
By ESPN staff Reports in China suggest that Barcelona midfielder Seydou Keita is set to join Dalian Aerbin, where he will join up with another former Blaugranas player, Fabio Rochemback. Keita, 32, is free to leave Barca having started under 50% of ...

Ex-police chief whose US consulate visit set off Chinese political scandal ...
Ex-police chief whose US consulate visit set off Chinese political scandal ...

New China Law Targets Foreigners Working...
New China Law Targets Foreigners Working...

New Hong Kong Chief Executive Leung to Take Office Amid Protests
By Kelvin Wong and Simon Lee on June 30, 2012 Leung Chun-ying, the former property surveyor who was a surprise choice to be Hong Kong's new leader, will be sworn into office today, his immediate challenge to tackle a record wealth gap and fears of ...


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