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China News 07/2012 (Page 13)



China's Changsha City Unveils $130 Billion Investment Plan
The central Chinese city of Changsha has unveiled a 829.2 billion yuan ($130 billion) investment plan and is wooing banks to finance 195 projects, the China News Service reported today. The total value of the investments, which include an airport and ...

China Sends Two to Labor Camp for Marching in Hong Kong
By MARK MCDONALD HONG KONG — Two women from mainland China are reported to have been sentenced to one-year terms in a labor camp for attending a march in Hong Kong earlier this month. The South China Morning Post and Radio Free Asia said Thursday that ...

Yuan Strengthens on U.S. Stimulus Speculation, Stronger Fixing
The yuan advanced the most in a week on speculation the Federal Reserve will unveil further measures to aid growth in the world's largest economy, boosting demand for emerging-market assets. The Chinese currency rebounded from the weakest level since ...

Chinese maker of US Olympic uniforms baffled by backlash
DALIAN, China — If Horatio Alger had spoken Mandarin he would have loved the rags-to-riches tale of garment maker Li Guilian. A farmer's daughter who got her start stitching aprons in the countryside, she has built a $300-million company that's listed ...

China raises Beijing storm death toll to 77 after public outcry over days-old ...
China raises Beijing storm death toll to 77 after public outcry over days-old ...

Vale Counting on China Rebound as Profit Sinks
By Juan Pablo Spinetto on July 26, 2012 Vale SA (VALE3), the world's largest iron- ore miner, is counting on a rebound in Chinese economic growth to boost sales after declining prices caused it to post its lowest quarterly profit in more than two years ...

METALS-Copper rises as dollar falls, debt crisis subdues gains
* Euro rises, Draghi says ready to defend currency * Tin drop spurs Chinese buying * Hopes for quantitative easing as US recovery stalls By Susan Thomas LONDON, July 26 (Reuters) - Copper rose more than 1 percent on Thursday, recovering from a ...

Olympians Hugging Their Moms And Dads Throughout History (PHOTOS)
After Michael Phelps won his eighth gold medal (and broke his seventh world record) in the Beijing Olympics in 2008, the swimmer was overwhelmed with emotion and reportedly said, "I just want to see my mom.” When Phelps found his mother, Debbie, ...

Solarworld-Led Group Files China Anti-Dumping Case in Europe
By Stefan Nicola and Marc Roca on July 26, 2012 Solarworld AG (SWV), Germany's largest solar-panel maker, led a group of manufacturers in requesting the European Commission investigate whether Chinese competitors dumped products at below-market rates ...

A Deluge, a Dynasty and Morality
The heaviest rains in more than 60 years hit China's capital last Saturday, resulting in flash flooding that killed 37 people according to a provisional death toll that has yet to be updated. An online backlash against Beijing authorities is now rising ...

An Epic Downpour Wipes Away a Capital's Sheen
BEIJING — In the heart of the Chinese capital is the showcase neighborhood of Sanlitun, where expatriates and Chinese glitterati go to dine, drink and dance. It has gleaming curved skyscrapers, a boutique hotel where rooms list for $400 to $4000 a ...

China Exports Fade as Inflation Eludes Targets: Cutting Research
China's fabled export competitiveness is on the wane and that has implications for the rest of the world economy, conclude Morgan Stanley economists Spyros Andreopoulos and Sung Woen Kang. Their estimates show the profits of Chinese exporters from ...

China-Canada oil deal raises political hackles in Washington
China denounces EU airline carbon law, seeks talks. BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major ...

In Singapore, Vitriol Against Chinese Newcomers
SINGAPORE — It was bad enough that Ma Chi was driving well above the speed limit on a downtown boulevard when he blew through a red light and struck a taxi, killing its two occupants and himself. It didn't help, either, that he was at the wheel of a ...

In Charge for Wife of Chinese Ex-Leader, Sign of an Old Tactic
BEIJING — In a nation that prefers the wives of political leaders to be bland adornments, Gu Kailai was positively fluorescent. Married to Bo Xilai, the Politburo member whose downfall earlier this year is still shaking the Communist Party, she ...

H&M Flagship Store to Close Amid Rent Rises
As retail rents boom in Hong Kong, mass-market fashion retailer H&M says it's shuttering its flagship location downtown after throwing open its doors just five years ago to considerable fanfare. When the Swedish company opened its first store in China ...

China Industrial Companies' Profits Drop for Third Month
China Industrial Companies' Profits Drop for Third Month. By Bloomberg News - 2012-07-27T03:43:25Z. Chinese industrial companies' profits fell for a third month in June, a government report showed today, as decelerating growth in the world's second- ...

China Reacts to Gu Kailai Murder Charge
Combination photograph shows Bo Xilai (L-R) as Chinese Minister of Commerce during a meeting in Beijing June 4, 2005; British businessman Neil Heywood at an Aston Martin dealership in Beijing May 26, 2010; and Gu Kailai, wife of China's former ...

As China Slows, Apple's Sales Drops By Nearly A Third
A customer tries his ... A customer tries his new iPhone 4 at an Apple store in Beijing, A slowdown in the Chinese economy cut into Apple sales in the second quarter, but that all depends on how you look at the data. (Image credit: Getty Images AsiaPac ...

Ai Wei Wei: Never Sorry -- a Documentary at the Intersection of Art and Politics
2012-07-26-AiWeiWei.jpg. As America stood on the threshold of entering World War II, TIME and Life magazine publisher, Henry Luce, called on the country to create the "American Century." He urged Americans to "to exert upon the world the full impact of ...

Propaganda officials miss the boat on 'China's Katrina'
By Madeline Earp/CPJ Senior Asia Research Associate. Chinese journalists are questioning government propaganda due to conflicting reports of the death toll following Saturday's devastating flooding in Beijing. Like the Wenzhou train crash and the ...

Passport to an MBA: CEIBS
Passport to an MBA is an occasional series featuring interviews with MBA students from all over the world. The interviews were conducted at top business schools by Matt Symonds, chief editor of the business school website MBA50.com and a Getting In ...

This week's best travel bargains around the globe
STR/AFP/GETTY IMAGES - Chinese residents stand on the river banks between the Yangtze and Huaihe rivers during sunset in Hefei, east China's Anhui province. Hefei enjoys the reputation as the "Green City" and "Garden City", with its elegantly built ...

My European Son: 'Beijing Is the Only Place I Feel at Home.'
Like any regular Chinese kids, my children, who are ethnically European but deeply rooted in China and fluent in Chinese, love playing on the grass. And like any regular Chinese parent, when they rush onto the grass in a Beijing park I often shout ...

China funds seen nearing Dexia asset management buy
ICICI Q1 net up 36.3 pct, beats f'cast. ICICI Bank, India's top private lender, posted a forecast-beating 36.3 percent rise quarterly net profit, led by strong loan growth and fee income and on improving asset quality. Full Article | Full Coverage ...

London Olympics 2012: Can USA top the medal table?
London Olympics 2012: Can USA top the medal table? The 2012 Summer Olympics should again see China win the most golds and the US win the most medals overall. The split points to the two countries' different Olympic aims. By Mark Sappenfield, Staff ...

The Costs of the Third Russian Veto at the Security Council
Beirut -- What options do Moscow and Tehran have, after the leaderships of Russia and Iran entered the eye of the storm in the wake of the grave loss they have both suffered in Syria? Iran's leadership went too far in placing conditions and ...

China-Spain Preview
Spain earned an Olympic medal in men's basketball for the first time in 24 years at the Beijing Games, but it has its work cut out for it to return to the podium in London. Spain won't have point guard Ricky Rubio for this tournament, and it will have ...

US Sets Duties on Chinese, Vietnamese Wind Towers
U.S. Sets Duties as High as 73% on Chinese Wind-Tower Imports. Blades for wind turbines are stored in Tianjin, China. The Commerce Department on May 30 set duties as high as 26 percent on wind-tower imports from China to compensate for government ...

Kohei Uchimura awes US men's gymnasts at London Olympics
Kohei Uchimura awes U.S. men's gymnasts at London Olympics. Japan's Kohei Uchimura, with a Beatles hairstyle, may end up as all-time best, says Tim Daggett. John Orozco is a top U.S. hope in men's all-around. print. Comments. 0 ...


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