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China News 07/2012 (Page 15)



Used Lamborghinis Linger on H.K. Lots Amid China Lull
Used Lamborghinis Linger on H.K. Lots Amid China Lull. By Bloomberg News - 2012-07-29T16:47:45Z. Waiting lists for ultra-luxury cars in Hong Kong are getting shorter and used-car lots are cutting prices on Lamborghinis, Ferraris and Bentleys in the ...

China Grapples With Issues of Race and Ethnicity
Beijing's Sanlitun Village mall is the very image of cosmopolitan, modern China. Its quirky and colorful glass-fronted modern buildings are filled with top international name-brand stores. In its paved plaza, smart young Chinese shoppers rub shoulders ...

Richard Deitsch: Daily Olympic Briefing: July 30
Ryan Lochte looks to win his second gold medal today in the men's 200 freestyle. The U.S. men's gymnastics team can claim its first gold medal today since 1984. Tennis action features Roger Federer, the Williams sisters and Caroline Wozniacki ...

Rongsheng shares tumble after US insider trading probe
HONG KONG (Reuters) - Shares in China Rongsheng Heavy Industries Group Holdings Ltd (1101.HK) tumbled 16 percent on Monday after the U.S. securities regulator accused a company controlled by the shipbuilder's chairman of insider trading ahead of ...

India morning call-Global markets
What's at stake if Kingfisher fails? If liquor baron Vijay Mallya's Kingfisher Airlines fails, lenders owed $1.4 billion may end up with a small stake in his spirits business, a modest office building, the carrier's brand, and not a lot else. Full ...

RPT-SPECIAL REPORT-In Himalayan arms race, China one-ups India
What's at stake if Kingfisher fails? If liquor baron Vijay Mallya's Kingfisher Airlines fails, lenders owed $1.4 billion may end up with a small stake in his spirits business, a modest office building, the carrier's brand, and not a lot else. Full ...

China Eyes Diving Sweep, US Future Looking Up
The Chinese have their sights on an unprecedented diving sweep. Sounds familiar. The Americans are feeling confident about their chances of winning a few more medals. Now that's something new. With the icy precision everyone has come to expect from ...

China National Education Plan Draws HK Protest
Tens of thousands of parents, students and social activists marched through Hong Kong yesterday to oppose plans for national education lessons that detractors say will stifle independent thinking. With many clad in black and white to symbolize the ...

China grants $1.2 bln in foreign investment quotas in July
SHANGHAI, July 30 (Reuters) - China's foreign exchange regulator granted $1.2 billion in combined quotas to six overseas institutional investors so far in July as the country speeds up opening of its capital markets. The State Administration of Foreign ...

Hong Kong shares outshine Asia, Rongsheng plunges on US probe
HSI climbs 1.5 pct, CSI300 up 0.3 pct. * HSBC edges higher ahead of H1 earnings later in the day. * HK hit by 17 profit warnings posted last Friday. * More stringent listing rules in China spook investors. By Clement Tan and Vikram Subhedar. HONG KONG ...

China's B Shares Tumble on Delisting Fears
By SHEN HONG. SHANGHAI—China's Class B shares, which are denominated in foreign currency and make up just a fraction of the country's stock market, tumbled Monday because of worries about potential delistings as a small household-appliance maker ...

Day 3: Lochte, Franklin chase medals, men's gymnastics finals
Ryan Lochte will look to bounce back from disappointment in the 4×100 freestyle relay with a win in the 200 freestyle. Shortly after Missy Franklin will take to the water in the 100 backstroke. Also on tap: the men's gymnastics team finals, Brazil vs ...

Rudd China Truths
By MARY KISSEL. President Obama and GOP challenger Mitt Romney don't agree on much, except when it comes to talking tough on China—a country neither man has much personal experience with. Which is why both candidates might profit from the ...

London Olympic Opening vs. Beijing Olympic Opening: Controlled Chaos vs ...
London Olympic Opening vs. Beijing Olympic Opening: Controlled Chaos vs ...

Tracking the Swaggermetrics of Frank Ocean and Louis CK
The other day, a funny thing (or four) happened on the way to the (Internet) forums: first of all, I learned that no one calls them forums anymore. Secondly, netizens in China are actually debating the definition of "swag" and whether Frank Ocean has ...

China Increases Railway Spending Plan for Second Time
China announced a jump in planned railway spending and the State Council called for private investment in utilities and health care as Premier Wen Jiabao tries to reverse an economic slowdown. The Ministry of Railways, the nation's largest corporate ...

Phelps, rowers and traffic: Day 3 at the London Olympics
LONDON — Britain missed yet another good chance to claim its first gold medal of the London Olympics. Considering the sport and the competition, though, it wasn't entirely surprising. The 18-year-old Tom Daley and his partner Peter Waterfield led ...

An Olympic-sized flap over Taiwan's flag
An Olympic-sized flap over Taiwan's flag. Taiwan's flag has not been shown at the London Games and the island government suspects that China bullied the Olympic committee into pulling the flag from display. By Ralph Jennings, Correspondent / July 30, ...

Communists Expand China Youth Outreach as Leadership Shift Looms
Communists Expand China Youth Outreach as Leadership Shift Looms. By Bloomberg News - 2012-07-30T16:00:01Z. When China's Communist Youth League celebrated its 90th birthday, it employed a tactic unavailable to President Hu Jintao when he used ...

A 'Gatekeeper' Settles SEC Lawsuit
By MICHAEL RAPOPORT. A New York investment manager and former newspaper columnist agreed to pay more than $1.1 million to settle a Securities and Exchange Commission lawsuit alleging that he traded improperly in the shares of a Chinese "reverse ...

Japan Sees Debate Over China Military's Role in Security Policy
Japan's government highlighted questions surrounding the role of China's military in determining security policy in an annual defense review as its neighbor steps up deployment of naval assets. The relationship between the People's Liberation Army and ...

TEXT-S&P Report Says Global Growth Won't Affect Chinese Banks Rtgs
HONG KONG (Standard & Poor's) July 31, 2012--The phenomenal growth in Chinese banks' overseas assets--of about 176% over the past three years--won't affect their creditworthiness, according to a recently released report by Standard & Poor's Ratings ...

METALS-Copper edges up, supported by stimulus hopes
China official PMI on Weds could help set direction * N.American replacement automotive battery cargoes drop 6 pct in June * Coming Up: U.S. Chicago PMI for July at 1345 GMT (Adds analyst, trader comment; updates prices) By Melanie Burton SINGAPORE ...

China wins 2nd straight gold in men's gymnastics
China won its second straight Olympic title Monday, scoring 275.997 in team event. U.K. was originally awarded silver, but after inquiry, it was dropped to bronze. After finishing first in qualifying, U.S. finished a disappointing fifth overall ...

China Assails US 'Arrogance' in Report on Religion
HONG KONG — The United States has issued its annual report on religious freedom around the world, taking particular aim at repression and crackdowns in China, North Korea and Myanmar. China shot back that the report was “full of prejudice, arrogance ...

China's Stocks Decline to 2009 Low; B Shares Slump on New Rules
Chinese stocks fell, dragging the benchmark index to its lowest level in more than three years, amid concern the slowing economy will hurt earnings growth. Foreign-currency denominated B shares dropped for a fifth day. Kama Co. led declines by B shares ...

Badminton's rock star: China's Lin Dan tries for an encore Olympic performance ...
Badminton's rock star: China's Lin Dan tries for an encore Olympic performance ...

Terror, China top Clinton's agenda in Africa tour
Growing security threats from Islamist militants and China's increasing influence throughout Africa are topping the agenda as U.S. Secretary of State Hillary Clinton begins an 11-day swing around the continent. Clinton departs Tuesday for her latest ...

Japan concerned by Chinese naval activity, lack of transparency in decision ...
Japan concerned by Chinese naval activity, lack of transparency in decision ...

Seoul Demands That China Respond to Torture Allegation
Following the assertions of the activist, Kim Young-hwan, the Foreign Ministry also said it would interview all of an estimated 620 South Koreans known to have been held in China to see if any of them were tortured. Mr. Kim, 49, a campaigner for ...


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