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China News 07/2012 (Page 4)



10 things you might not know about cens*rsh*p
Wednesday is Bowdler's Day, marking the 258th birthday of Thomas Bowdler, who published the works of William Shakespeare with the dirty parts taken out. And not only the dirty parts — Bowdler changed Ophelia's drowning in "Hamlet" from a suicide to an ...

China's Dog-Dyeing Craze
The Chinese fad of dyeing pooches to look like other animals isn't just bizarre—it's an embrace of man's best friend in a country where pet dogs were once shunned, writes Melinda Liu. We still can't stop staring at them, even if photos of Asian dogs ...

Obama ad hits Romney firm for outsourcing to China
AP PITTSBURGH, PA - JULY 06: US President Barack Obama speaks at a campaign event on the College of Fine Arts Lawn at Carnegie Mellon University July 5, 2012 in Pittsburgh, Pennsylvania. The Obama campaign wrapped up its "Betting On America" bus tour ...

China pulls out 4 miners trapped underground for more than 3 days, several ...
China pulls out 4 miners trapped underground for more than 3 days, several ...

Chinese family wants justice for forced abortion
The husband of a Chinese woman whose pregnancy was forcibly aborted wants the officials responsible to face criminal prosecution and plans to seek government compensation, his lawyer says. Feng Jianmei, a villager from central China's Shaanxi province, ...

Schnurman: The knowledge economy requires skills of its own - The Star-Ledger
By Mark Schnurman/The Star-Ledger America is in the midst of a fundamental economic realignment akin to the industrial revolution. The industrial revolution enabled unparalleled growth and wealth creation in this country. Factories spread, reducing the ...

China adoption diary: "Officially ours," Madeleine Bao Yi becomes a Belsie
Part 5 – China adoption diary: After questions from Chinese functionaries – such as "Why did you choose to adopt?" – the Belsie family officially becomes four, with new sister and daughter Madeleine Bao Yi. By Gretchen Belsie, Guest blogger / July 8, ...

Areva Looks to China as France Rethinks Nuclear Power
By Francois de Beaupuy and Caroline Connan on July 07, 2012 Areva SA (AREVA) Chief Executive Officer Luc Oursel is seeking fresh talks to sell nuclear reactors to China, halted in the wake of last year's nuclear accident in Japan and amid questions ...

Booming Southeast Asia in a quandary over U.S.-China rivalry
BANGKOK (Reuters) - A US-China tug-of-war over Southeast Asian influence is proving to be a critical test for Washington's "pivot" East as Beijing strengthens its economic and military clout in its own backyard. Countries of the Association of South ...

China dismisses Japan plan to buy disputed islands
BEIJING (Reuters) - China's Foreign Ministry said it would continue to take "necessary measures" to safeguard its sovereignty over a number of disputed islands in the East China Sea after Japan said it was considering a plan to "buy" them from private ...

China boosts state firms as entrepreneurs struggle
Reformers say China needs more entrepreneurs like Liu Peijian. His chain of six furniture stores employs 60 people. But Beijing's response to the deepest economic slump since the 2008 crisis is to pump money into state industry, leaving businesspeople ...

China Railway Materials Plans Shanghai IPO to Fund Growth
China Railway Materials Co., a state- owned logistics firm and steel supplier, aims to raise as much as 6 billion yuan ($943 million) selling shares in Shanghai to fund expansion. The Beijing-based company will probably sell no more than 2.77 billion ...

As Rivals Outsource, Lenovo Keeps Production In-House
By LORETTA CHAO Chinese PC maker Lenovo is trying to reposition itself as an innovator. But the company lacks name recognition in the coveted Western marketplace, something it hopes to fix with a range of new products. Video and reporting by WSJ's ...

China's Stocks Fall for 3rd Time in 4 Days on Growth Concerns
By Weiyi Lim on July 08, 2012 China's stocks fell for the third time in four days on concern corporate earnings growth will slow after Premier Wen Jiabao said the nation's economy faces “relatively large” downward pressure. Angang Steel Co. declined ...

India morning call - Global markets
(Adds Sydney shares outlook, updates prices) --------------(8:30 am India Time)----------------------- Stock Markets DJIA 12772.47 -124.20 Nikkei 8944.94 -75.81 NASDAQ 2937.33 -38.79 FTSE 5662.63 -30.00 S&P 500 1354.68 -12.90 Hang Seng 19673.03 -127.89 ...

Nikkei heads down on fears of flagging global growth
* Komatsu, Sumitomo Heavy Industries hurt by weak demand * Midsized shippers buck the trend * Poor Chinese data offset by hopes for easing By Sophie Knight TOKYO, July 9 (Reuters) - Japan's Nikkei share average fell back below the psychologically ...

Brent rises toward $99 on Norway supply cut, China data
By Florence Tan | SINGAPORE (Reuters) - Brent crude climbed toward $99 a barrel on Monday as failed labor talks in Norway stoked worries of a total output shutdown, while hopes China would ease monetary policy and improve fuel demand also supported ...

Prices Tumble Across the Chinese Economy
HONG KONG — Prices are tumbling across the Chinese economy, according to government data released on Monday, as a flood of goods pouring out of the nation's vast and ever-expanding factory cities exceeds anemic demand from Chinese households and ...

PRECIOUS-Gold extends losses to 3rd session after US data
* Prices may remain rangebound, investors in wait-and-see mode * China's June inflation cools, gives Beijing scope to ease policy * Spot gold could fall to $1540/oz - technicals * Coming up: US CFTC commitment of traders, weekly; 1930 GMT (Adds details ...

Asian Stocks Drop on Growth Concern; Yen Rises
By Glenys Sim and Adam Haigh on July 09, 2012 Asian stocks fell the most in a month and the yen rose after Japanese machinery orders sank the most in more than five years and Chinese Premier Wen Jiabao said the nation's economy faces “relatively large” ...

China One-Year Swap Rate Touches 1-Month Low as Inflation Eases
China's one-year interest-rate swap rate touched the lowest level in almost a month on speculation easing inflation will give the central bank more room to relax monetary policy. Consumer prices climbed 2.2 percent in June from a year earlier, ...

Clinton Praises Mongolian System
By JAMES T. AREDDY US Secretary of State Hillary Clinton told an audience in Mongolia that her visit is a reminder of US support for democracy in a region where China's influence continues to deepen. In remarks Monday in Ulan Bator, Mrs. Clinton ...

Fed officials favor QE3; Asian data signal drop in global demand
By Nick Edwards and Leika Kihara BEIJING/TOKYO (Reuters) - Asia's biggest exporters showed further signs of slowing down in data published on Monday, signaling a fresh slide in global demand, as two top US Federal Reserve officials said they favored ...

Brent nears $99 on Norway strike, China data
* Norway oil strike deadlock: shutdown or intervention looms * China inflation cools, paves way for more monetary easing * Coming Up: US employment trends; 1400 GMT (Update detail, prices; paragraphs 5,7) By Christopher Johnson LONDON, July 9 (Reuters) ...

Emerging Stocks Drop Most in 2 Weeks on China Concerns
By Christine Harvey and Saeromi Shin on July 09, 2012 Emerging-market stocks tumbled the most in two weeks after Chinese Premier Wen Jiabao said the world's second-largest economy faces “relatively large” downward pressure. The MSCI Emerging Markets ...

Gold Climbs for First Time in Three Days on China Demand
Gold advanced for the first time in three sessions on signs of rising demand in China. In May, gold imports by China from Hong Kong jumped sixfold from a year earlier to 75635.7 kilograms (75.6 metric tons), data from the Census and Statistics ...

Copper steadies from week low; growth worries weigh
By Melanie Burton and Eric Onstad | LONDON (Reuters) - Copper edged higher on Monday on hopes for more monetary easing by top metals consumer China, but gains were capped by concerns that a euro group meeting may not yield concrete results for the ...

CANADA STOCKS-TSX falls after ECB comments, China fear
* TSX down 61.48 pts, or 0.5 pct, at 11598.48 * Mining, financials lead losses * ECB comments offer little relief * US, China growth fears hurt risk assets By Jon Cook TORONTO, July 9 (Reuters) - Canadian stocks fell on Monday, led lower by mining and ...

China Ming Yang Says Not in Talks to Purchase Vestas Wind
By Sally Bakewell and Gelu Sulugiuc on July 09, 2012 China Ming Yang Wind Power Group Ltd. (MY) (MY), the nation's third-largest wind-turbine maker, denied being in talks to buy Vestas Wind Systems A/S. (VWS) “This is not happening so far,” Li Ruixiang ...

Shipping Rally Ending as China Hoards Record Coal Heaps: Freight
Record coal stocks at power plants in China, the biggest consumer of the fuel, are threatening to reverse the rally in rates for commodity carriers and diminish returns for ship owners to the lowest in more than a decade. The utilities have 91 million ...


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