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China News 07/2012 (Page 7)



Oil up third day on China GDP, North Sea problems
* China Q2 GDP growth at 7.6 pct spurs relief rally * North Sea August loadings may be delayed * China implied oil demand dips in June * Coming Up: Brent Aug contract expiry Monday (Updates Brent price, adds volume, CFTC, paragraphs 6-7,11,13) By ...

EMERGING MARKETS-Latam stocks rise on China GDP data, Petrobras
* China economic growth in line with expectations * Petrobras shares jump on diesel price hike * Brazil Bovespa gains 1.7 pct, Mexico IPC up 0.57 pct By Rachel Uranga and Danielle Assalve MEXICO CITY/SAO PAULO, July 13 (Reuters) - Latin American stocks ...

Why 'Made in China' is gold for US Olympic team
Ralph Lauren's line of clothes for the US Olympic team was made in China, which has some members of Congress furious. It put the US Olympic Committee in a tough spot. By Mark Sappenfield, Staff writer / July 13, 2012 US Olympic athletes rower Giuseppe ...

Facing a Slowing Economy, China Turns to American Exports
WASHINGTON — A weakening Chinese economy, underlined by a further slowdown disclosed on Friday in Beijing, is starting to pose a headache for United States officials and the two presidential campaigns, as Chinese companies shift toward a greater ...

Chinese industrialist behind bid to acquire Hawker Beechcraft quietly building ...
Chinese industrialist behind bid to acquire Hawker Beechcraft quietly building ...

Asian Currencies Drop as Data Confirm China's Economic Slowdown
Asian currencies fell for a second week as Chinese data added to signs the global economy is slowing, helping drive the worst five-day performance in regional stocks in almost two months. South Korea's won snapped a six-week winning streak after the ...

Hotel proposal illustrates promise and peril of investment program
SHANGHAI— — Anshoo Sethi flew in from Chicago in search of Chinese money, leaving behind the worn hotel his family owns near O'Hare International Airport to sell a much grander vision of life in America. Here, in the heart of China's still-thrumming ...

Ever-Glory Provides Update on 2012 Second Quarter Results
By Ever-Glory International, Inc. NANJING, China, July 14, 2012 -- /PRNewswire-Asia/ -- Ever-Glory International Group, Inc. (the "Company," "Ever-Glory") (NYSE Amex: EVK), a leading apparel supply chain manager and retailer in China, today provided an ...

Canada stocks rebound on Chinese data
SAN FRANCISCO (MarketWatch) — Canadian stocks climbed Friday with commodities and consumer staples supporting the market, as investor sentiment rose on better-than-expected growth numbers out of China. The S&P/TSX benchmark index (CA:GSPTSE) tracking ...

China adoption diary: East-West diplomacy, and family normalizing
Part 11 – China adoption diary: Goldfish for a tantrum, passing medical muster, and a needed laundering add up to a good family day of East-West diplomacy. By Gretchen Belsie, Guest blogger / July 14, 2012 Grace Belsie stands with two fiddler statues ...

Myanmar's ethnic Kachin fear China may restart dam project
Construction of a dam in Myanmar was halted last year after a public backlash over its social and environmental impact. But activists now worry that Chinese leverage will succeed in restarting the project, threatening a fragile ecosystem and fledging ...

Phelps, Bolt unlikely to be as dominant as Beijing
AP Michael Phelps, in the pool, raising a fist. Usain Bolt, on the track, slapping his chest. They are the two indelible images of the 2008 Beijing Olympics -- celebration after celebration of gold medals and world records by the American swimmer and ...

Drogba debuts in Shanghai, insists move is not about money
Shanghai (CNN) -- Hours after being mobbed by hundreds of cheering fans at the airport upon his arrival, former Chelsea striker Didier Drogba made his official debut with new team Shanghai Shenhua Saturday afternoon and insisted his move was motivated ...

LONDON 2012: Chinese teen's early move to Brazil pays off, earns Olympic spot ...
LONDON 2012: Chinese teen's early move to Brazil pays off, earns Olympic spot ...

Philippines Says China Warship Is in Its Territory
The Philippines says a Chinese warship entered an area it claims in the South China Sea and ran aground on a shoal, as tensions continue between the two countries over a separate territorial dispute. Foreign affairs spokesman Raul Hernandez said ...

Raul Castro back in Cuba after tour of China, Vietnam, Russia
Cuban President Raul Castro returned to Havana after a 12-day tour of China, Vietnam and Russia aimed at strengthening bilateral ties and economic cooperation with those countries, the official daily Granma said Saturday. The official daily of the ...

France Will Continue Pressuring Assad to Leave Syria
French President Francois Hollande says his country must continue to apply pressure for the departure from office of embattled Syrian President Bashar al-Assad. Hollande spoke Saturday to a national audience, in a wide-ranging interview marking ...

China Hits 'Naked Officials'
Bo Xilai's secret extravagances stung Beijing. Now new regulations are trying to get tough on 'naked,' or crooked bureaucrats. But can they make a dent in deep-rooted graft? What's a “naked official” in China? The phrase got so hot in the Chinese ...

UN Chief Asks China to Use Its Influence to Stop Syrian Violence
The United Nations Secretary-General has urged China to use its influence to help stop the violence in Syria. Ban Ki-moon spoke by telephone Saturday with Yang Jiech, China's foreign minister, ahead of the UN's chief's upcoming trip to China and ...

China frigate heads home, averts new Philippines row
By Manuel Mogato and Ben Blanchard | MANILA/BEIJING (Reuters) - A Chinese frigate which ran aground in disputed waters close to the Philippines managed to extricate itself on Sunday and was heading home, averting a possible standoff with Philippine ...

China builds most ecologically friendly cities
DEZHOU, China – At Utopia Garden, retiree Li Yuling likes the green space around his new apartment block and the solar panels that resemble a dragon in flight. At the Mangrove Garden apartments, Du Feng says the property managers handle all "green" ...

Chicago Tribune Gail MarksJarvis column [Chicago Tribune]
As US companies began reporting second-quarter profits, they stated repeatedly that the recession in Europe and the slowdown in China are hurting companies that do major business abroad. These realities undermined the analysts, who had been stating ...

In 'Red Chamber,' A Love Triangle For The Ages
by Hansi Lo Wang The romance between star-crossed lovers Jia Baoyu (left) and Lin Daiyu, depicted here in a relief panel, meets a tragic end in the classic Chinese novel Dream of the Red Chamber. The romance between star-crossed lovers Jia Baoyu (left) ...

Stranded in Shanghai: Passengers endure 3-day ordeal trying to fly from China ... - The Star-Ledger
Stranded in Shanghai: Passengers endure 3-day ordeal trying to fly from China ...

Japan's ambassador to China returns for talks amid new fight over islands
BEIJING — Japan called back its ambassador to China on Sunday, the result of a reignited territorial dispute between the East Asian neighbors. The uninhabited and long-contested Senkaku Islands, controlled by Japan but claimed by China, ...

China adoption diary: Siblings in sync, even in snores
Part 12 – China adoption diary: As US citizenship moves closer, the siblings are showing signs of being in sync like "hand and foot" – even in their snores. By Gretchen Belsie, Guest blogger / July 15, 2012 Belsie sisters Grace and Madeleine Bao Yi ...

Olympic Swimming Preview: Can Anyone Beat China's Sun Yang in the 1500-Meter ...
Olympic Swimming Preview: Can Anyone Beat China's Sun Yang in the 1500-Meter ...

China: Slowing Growth, Speeding Consumer
By TOM ORLIK A slowdown in the world's factory could be a good time to take a bet on the workers. Growth in China's economy decelerated to 7.6% year-on-year in the second quarter of 2012, the lowest since the start of 2009. The old mainstays—exports ...

Wen Warns China Economic Rebound Not Stable, Xinhua Says
China's Premier Wen Jiabao warned the momentum for a recovery in economic growth isn't yet in place and that “difficulties” may persist for a while, the official Xinhua News Agency reported. Even so, the current pace of economic expansion is within the ...

China's Lenovo inches closer to a global tech title
By Lee Chyen Yee | HONG KONG (Reuters) - Lenovo Group Ltd is on track to overtake Hewlett-Packard Co as the world's biggest PC maker by sales as soon as this year, making it the first Chinese company to grab the top spot globally in a technology sector ...


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