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China News 07/2012 (Page 10)



China Profits Sinking May Pressure Wen to Reduce Taxes: Economy
Profit declines for hundreds of Chinese companies in the first half may increase pressure on the government to reduce corporate taxes as part of efforts to stem the economy's slowdown. Net income declined from a year earlier for more than half of 760 ...

Suddenly, It's the Society, Stupid
By Russell Leigh Moses Chinese leaders seem increasingly reconciled to the idea that the country's economy is slowing down. Even Premier Wen Jiabao, the Chinese economy's cheerleader in chief, warned in comments this week that despite “good progress” ...

India Morning Call-Global markets
--------------------(8:15 am India Time)----------------------- Stock Markets DJIA 12943.36 +34.66 Nikkei 8770.30 -25.25 NASDAQ 2965.90 +23.30 FTSE 5714.19 +28.42 S&P 500 1376.51 +3.73 Hang Seng 19603.35 +44.30 SPI 200 Fut 4164.00 +4.00 CRB Index ...

Q&A: Director Chen Kaige on the Future of Chinese Film
Chinese film director Chen Kaige's “Sacrifice,” a story of bloody murder and long-plotted revenge set against the sumptuous backdrop of an ancient Chinese court, is set to premier in US theaters nationwide later this month in yet another attempt to ...

China's Corporate Gloom Drives Yuan Down in FX-Swaps
Chinese companies appear to be more pessimistic about the prospects for the world's second-largest economy and its currency, local derivatives markets suggest. Companies hoarding dollars earned overseas, instead of selling them to the central bank, ...

A Year After the Wenzhou Train Crash, Burying Continues
Chinese citizens almost one year ago were outraged to see government officials pushing into a dirt pit the ruins of a wrecked rail car left from the deadly Wenzhou train crash, literally burying a visible reminder of one of the world's worst high-speed ...

Government: Profit at major Chinese state companies falls in first half but ...
Government: Profit at major Chinese state companies falls in first half but ...

Of course US rebalancing is about China
By Justin Logan, Special to CNN Editor's note: Justin Logan is director of foreign policy studies at the Cato Institute, and the author of a forthcoming policy study, “China, America, and the Pivot to Asia.” Brad Glosserman has penned a provocative ...

CITIC to pay $310 mln for CLSA stake, may buy rest
* CITIC buys 19.9 pct stake, has option for rest * Firms see deal on remaining 80.1 pct by June 30, 2013 * CITIC said in March it planned to buy all of CLSA * Chinese brokerages accelerate overseas expansion (Writes through with price, ...

Bank of America Defends China's GDP Data
Bank of America Corp. has stepped in to defend China's second-quarter economic-growth data after analysts from Barclays Plc to Mizuho Securities Co. said the figures may be overstated. Shen Jianguang of Mizuho said in a research report this week that ...

Chinese Protesters See Greater Online Freedom About the Environment
By Dexter Roberts on July 20, 2012 When residents of Shifang, Sichuan, started worrying about the environmental impact of a planned molybdenum copper plant, they knew what to do. As thousands of protesters, including students, took to the streets on ...

Yang Yuanqing, Lenovo CEO, Donates $3 Million Bonus To 10000 Employees In China
"Among the employees to receive a piece of the pie were receptionists, production line workers, and assistants," DailyTech reported, adding that each worker received a bonus totaling about $314. That figure might not seem like too big a deal to workers ...

Photographs of a China in Flux
KATONAH, NY — From a distance, Yao Lu's two contributions to “Rising Dragon: Contemporary Chinese Photography,” an exhibition of more than 100 photographs at the Katonah Museum of Art, conjure centuries-old Chinese landscape paintings of majestic ...

China to probe US, S.Korean solar materials imports
* Western and Chinese solar companies at odds for years * US solar panel companies call it trade retaliation * Earlier this year, US set import duties on Chinese solar equipment By Michael Martina and Leonora Walet BEIJING/HONG KONG, July 20 (Reuters) ...

China Holds Frenchman Linked to Scandal
By JEREMY PAGE BEIJING—A French architect caught up in the scandal surrounding Bo Xilai, the former Communist Party official, was taken into custody in China after returning there from Cambodia to cooperate with a murder investigation into Mr. Bo's ...

Olympics should be about the games not the uniforms
US Olympic athletes, from left, swimmer Ryan Lochte, decathlete Bryan Clay, rower Giuseppe Lanzone and soccer player Heather Mitts model the the official Team USA Opening Ceremony Parade Uniform. AP By Ana Veciana-Suarez Before sitting down to write ...

Vitamin E lowers risk of liver cancer
SHANGHAI, July 21 (UPI) -- Vitamin E, a fat-soluble vitamin, consumed in the diet or vitamin supplements, may lower the risk of liver cancer, US and Chinese researchers suggest. Dr. Wei Zhang of the Shanghai Cancer Institute, Renji Hospital, ...

What to wear all a matter of money at Olympics
FILE - The Aug. 16, 2012 file photo shows United States' Michael Phelps reacting after winning the gold medal in the men's 100-meter butterfly final during the swimming competitions in the National Aquatics Center at the Beijing 2008 Olympics in ...

Reid Priddy believes lessons from Beijing can help US volleyball in London
What outside hitter Reid Priddy remembers most about the US march to volleyball gold at the Beijing Olympics isn't any one play or any particular match. It's what was happening when the world wasn't watching, hanging out during the breaks in ...

China Third-Quarter Growth May Slow to 7.4 Percent, Adviser Says
By Bloomberg News on July 21, 2012 China's growth may slide to 7.4 percent this quarter from a year earlier, an adviser to the nation's central bank said, underscoring Premier Wen Jiabao's warning that the economy's difficulties may “persist for a ...

China appeals WTO report rejecting tariff on high-tech US steel product
BEIJING — China has appealed a World Trade Organization panel's finding that it has been unfairly imposing tariffs on a high-technology US steel product. The Chinese Ministry of Commerce said in a statement posted on its website late Friday that the ...

China Kindergarten Bus Crash Case: School Boss Sentenced To 7 Years In Prison
Chinese police officers and bystanders look at a kindergarten minibus which collided head-on with a truck loaded with coal on a road in Qingyang, in northwestern China's Gansu province, Wednesday, Nov. 16, 2011. (AP Photo/China Daily) CHINA OUT BEIJING ...

Rock in China: An Insider's Journey
By Jason Chow The jaded Western music establishment can learn a thing or two from China, Jonathan Campbell says. The 37-year-old, who spent four years in Beijing as a band promoter, documents the relatively brief history of Chinese rock in his book ...

Immigration, The Gold Mountain And A Wedding Photo
by Tasnim Shamma The wedding photograph of Wong Lan Fong and Yee Shew Ning, in front of the Mei Yi Mei Church, a Chinese Methodist Church, at the island of Honam, across the Pearl River from Canton (now Guangzhou) in 1926. Wong Lan Fong only spent one ...

Stuart R. Schram, Nuclear Physicist and Mao Scholar, Dies at 88
Stuart R. Schram was a Minnesotan who made his way to Paris, an Army nuclear physicist who became an expert in French political history, and a mind wide awake in a world remade by war and its cold aftermath. By the late 1950s, having already worked on ...

China's Communist Elders Take Backroom Intrigue Beachside
BEIDAIHE, China — Clutching a wooden cane and aided by an entourage of young people, the old man in a black silk shirt and matching shorts hobbled up the stairs to Kiessling, a decades-old Austrian restaurant not far from the teeming beaches of this ...

Olympic gamesmanship
By Boston Herald Editorial Staff We're a little impatient with the uproar from politicians over the fact that the uniforms worn by the US Olympic Team in London were made in China. Americans long ago decided that the advantage of low prices was so ...

A Peeping Tom and Toxic Pigs: China's Olympic Headaches
By MARK MCDONALD HONG KONG — Hundreds of elite Chinese athletes have settled into their pre-Olympic routines at a training camp in Leeds, 200 miles north of London. There are two pools, special dining halls with authentic Chinese food, ...

China to formally garrison disputed South China Sea
| BEIJING (Reuters) - China's powerful Central Military Commission has approved the formal establishment of a military garrison for the disputed South China Sea, state media said on Sunday, in a move which could further boost tensions in already ...

When Beijing Cleared the Air
By FELICITY BARRINGER Imagery from satellite data shows normal 2008 carbon dioxide levels in Beijing, left, and the reductions when traffic and industrial emissions were curbed during the Olympics. As carbon monoxide decreased, so did carbon dioxide, ...


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