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China News 06/2012 (Page 9)



Stan Lee hopes China doesn't remember this guy »
Stan Lee created Spider-Man and scores of Marvel characters in the 1960s and 1970s. (Reed Saxon/Associated Press) Have the moviegoers of China been holding out for a hero of their own? If so, then help is on the way — his name is Annihilator and, ...

Top China Stories from WSJ: Joint Oil Explorations, Marriott Push, IMF Pledge
A shot of a Marriott facility in Sydney. The company plans to invest $2 billion over the next three years to open new hotels globally. Marriott to Invest Billions in New Hotels: Marriott plans to invest $2 billion over the next three years to open new ...

Most Chinese Shares Rise on Economic Stimulus Speculation
By Weiyi Lim on June 19, 2012 Most Chinese stocks rose on speculation central banks from the US to China may announce more stimulus measures to boost growth in the world's largest economies. Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co., ...

China Money Rate Climbs to Six-Week High Ahead of Quarter-End
China's money-market rate jumped to the highest level in six weeks on speculation banks will hoard cash as they prepare to meet quarter-end capital requirements. The finance ministry sold at least 30 billion yuan ($4.7 billion) of 10-year bonds at an ...

METALS-London copper drops on Spain worries; Fed hopes limit fall
SHANGHAI, June 20 (Reuters) - London copper slipped on Wednesday in thin trading, with worries lingering over Spain's debt problems and as some investors looked to cash in on gains made the previous day. Spain lurched closer to being shut out of credit ...

Europe, China worries dampen Asia business sentiment in Q2 - survey
* Index slides to 69 in Q2 from 74 in Q1 * Global economy cited as biggest risk to business * Asia-focused sectors less vulnerable to slowdown * China sentiment weakest since survey began in 2009 By Eveline Danubrata and Aradhana Aravindan ...

China advisers urge govt to relax property curbs
* Advisers say government should relax curbs on luxury homes * Suggest should target Beijing, Shanghai, Guangzhou, Shenzhen * Premier Wen has been adamant about keeping controls in place * Analysts say government unlikely to heed call * Proposal ...

SEC seeks Big 4 audit papers from China: source
By Dena Aubin | NEW YORK (Reuters) - The Chinese arms of all of the Big Four audit firms have been asked by US regulators to turn over documents related to audits of China-based companies listed in the United States, a person familiar with the matter ...

Chinese missiles and Russian tanks: Non-Western countries surge at military ...
Chinese missiles and Russian tanks: Non-Western countries surge at military ...

China casts long shadow as Hong Kong paper stands accused of censorship
| HONG KONG, June 20 (Reuters) - A prominent Hong Kong newspaper has come under fire for downplaying coverage of the death of a Chinese dissident, stoking new concerns that Communist Party rulers in Beijing are seeking to limit the former British ...

WATCH: Policeman stops suicidal man from jumping off building in China
BRADEN GOYETTE A daring rescue was captured on camera last week when a policeman saved a suicidal man from jumping off an apartment building in Ningbo, China. State television footage shows the desperate man, clad in blue jeans with no shirt on, ...

A New Foundation: Chinese Developers Back On Real-Estate Tiger
Feng Mingshun emerges from the condo showroom, blinking in the midday sunshine. He's just signed over a 50% down payment on his first home, a $250000 apartment in a half-finished tower in a distant Beijing suburb. To do so, he had to pool savings of ...

China Proposes Major Easing of Rules for Foreign Investors
By SHEN HONG SHANGHAI—China's securities regulator has proposed new rules that will significantly ease restrictions and broaden market access for foreign institutional investors, marking the authorities' latest effort to liberalize the country's ...

Kumba Surges to Record on China Rebound: Johannesburg Mover
Kumba Iron Ore Ltd. (KIO) advanced to a record in Johannesburg as iron ore climbed to the highest in a month on speculation that China, the biggest buyer, is poised for a rebound after the government acted to spur growth. Shares in the fourth-largest ...

Yuan Falls on Weaker PBOC Fixing, Bleaker US Growth Outlook
The yuan weakened for a second day after the People's Bank of China lowered the currency's reference rate and the Federal Reserve cut its growth estimate for the US, worsening the outlook for Asian exports. China's central bank lowered its daily fixing ...

China tests troubled waters with $1 bln rig for S.China Sea
* Tension to grow in South China Sea over oil needs * China's first ultra-deepwater rig deployed near Hong Kong * Seen intended to explore in disputed zone * State oil firm dubs rig "mobile national territory" By Charlie Zhu HONG KONG, ...

"Double Happiness" for China's matchmaking firms
By Royston Chan | SHANGHAI (Reuters) - Li Wenqi decided that it was time to take marriage more seriously than her career - especially with her parents gently pushing her in that direction. So the 30-year-old Shanghai export sales executive went to a ...

China Data Show Drops in Exports and Prices
BEIJING — The Chinese manufacturing sector is set to contract for an eighth consecutive month in June, with export orders and prices slumping by the highest percentage since the depths of the financial crisis in early 2009, according to a ...

China Criticizes Vietnam in Dispute Over Islands
BEIJING — In a fresh show of its resolve in a dispute over the South China Sea, China sharply criticized Vietnam on Thursday for passing a law that claims sovereignty over the Paracel and Spratly Islands, saying they are the ''indisputable'' territory ...

China Mobile support likely to make Apple's next iPhone a 'true world phone'
By Neil Hughes Apple's next-generation iPhone is expected to launch in October with support for China Mobile's proprietary 3G network, making it a "true world phone," according to a new report. In his checks with suppliers, Shaw Wu of Sterne Agee has ...

Prosperous Agriculture Announces New Model of Promotion Service
By Uni Core Holdings Corporation SHENZHEN, China, June 21, 2012 -- /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), a Hong Kong based holding company, announced today that Shaanxi Prosperous Agriculture Company Limited ...

Asians Snap Up US Luxury Properties
I ... oh ... what a Chinese buyers are snapping us we'll stay ... the impact is what will be on ... walks in the kitchen and than Shwe Laura Schuker is right here she's in Beverly Hills on the left and right now you are and are you ... at the Sabine ...

Mystery Ship Underlines Pain Tehran Faces Over Sanctions
By BENOÎT FAUCON in London and WAYNE MA in Beijing An Iranian oil shipper's $100 million tanker, on order from China, is nearly ready to sail the high seas. But it's turning out to be a mystery ship. The National Iranian Tanker Co., a private company ...

Beijing's Oil Imports From Iran Rebound
By WAYNE MA and BRIAN SPEGELE China's oil imports from Iran continued to sharply rebound in May to nearly match 2011 levels following a steep drop-off earlier this year, figures showed Thursday, a day after Secretary of State Hillary Clinton said ...

Shanghai Film Fest: Tale of American boy in China wins prize
SHANGHAI— "The Dragon Angel," the story of an American boy who saves a traditional Beijing home from destruction by his architect father and a Hong Kong developer working together to put up a skyscraper, was voted the most promising co-production in ...

Insight: Children of Mao's wrath vie for power in China
By Chris Buckley | BEIJING (Reuters) - Forty five years before ambitious Chinese politician Bo Xilai fell from power accused of flirting with Cultural Revolution extremism, he stood as a teenager in front of a baying crowd that accused him of defying ...

Brazil in trade pact with China, sees aviation gains
(Refiles to correct Chinese premier's name on second reference in paragraph 4) * Brazil, China ink aviation, mining, finance deals * Accords to help Embraer assemble jets in China * China is Brazil's largest single trading partner * Both countries plan ...

India morning call-Global markets
---------------(8:15 am India Time)----------------------- Stock Markets S&P/ASX 200 4110.0 -12.0 NZSX 50 3398.9 -10.467 DJIA 12573.57 -250.82 Nikkei 8776.98 -47.09 NASDAQ 2859.09 -71.36 FTSE 5566.36 -55.93 S&P 500 1325.51 -30.18 Hang Seng 19077.36 ...

China telecom firms may be subsidized: US lawmaker
By Jim Wolf | WASHINGTON (Reuters) - Two of China's top telecommunications companies may be selling subsidized gear in the United States, and legislation could be proposed to deal with any related national-security threat, the head of the US House of ...

Made in China Not Worth Hassle for Small Firms Returning to US
When Sonja Zozula and Jerry Anderson founded LightSaver Technologies Inc. in 2009, everyone told them they should make their emergency lights for homeowners in China. After two years of outsourcing to factories there, last winter they shifted ...


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