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China News 08/2012 (Page 10)



China Poodle 'Babies' Spur $1.2 Billion Pet-Care Market
China Poodle 'Babies' Spur $1.2 Billion Pet-Care Market. By Bloomberg News - 2012-08-16T21:00:00Z. Wang Xingru and her husband chose a fluffy brown alternative to parenthood named Jing Jing. Before welcoming the year-old toy poodle into their ...

China leaders' summer retreat to Beidaihe shrouded in secrecy
The Chinese leadership's annual summer retreat to Beidaihe is shrouded in ever-more secrecy. A short stretch of the beach at Beidaihe, the enclave to which the Chinese leadership decamps during the summer, is open to the public. The area is also ...

Pursuing Soft Power, China Puts Stamp on Africa's News
NAIROBI, Kenya — China's investment prowess and construction know-how is widely on display in this long-congested African capital. A $200 million ring road is being built and financed by Beijing. The international airport is undergoing a $208 million ...

Chinese Anger Diverted by the Saga of a Hoodlum's Girlfriend
Kin Cheung/The Associated PressA pro-China protester tore a Japanese flag at a rally outside the Japanese consulate in Hong Kong on Thursday. BEIJING — Perhaps topics like the beautiful moll of a multiple-murdering hoodlum just shot dead by police ...

Inside China, Getting Rich Isn't Always So Glorious
Turns out that really meant: "Get rich and you'll get audited." A warning to foreign companies that link up with enterprises run by the celebrated rich in China: In the Middle Kingdom, the business elite that's highly public can get increased, and ...

Soho China Is Turning to Rental to Reverse 65% Profit Drop
Soho China Ltd. (410), the Beijing-based commercial developer whose profit dropped 65 percent, said it will hold on to more of its properties as office rents in Beijing and Shanghai rise. Investment properties will bring in almost 4 billion yuan ($628 ...

America's Cup is China's chance to grow
China Team, which first entered America's Cup qualifying in 2007 and won only one race that year, practices on San Francisco Bay this week. The team's goal is to become competitive for the next cycle. Photo: Michael Macor, The Chronicle / SF. China ...

Barrick's Costly Copper Mistake Turns Golden for China
The fallout from a costly copper deal in Africa last year by Canada's Barrick Gold Corp. is giving China a chance to strengthen its gold mining footprint in the continent. Barrick said Thursday it is in talks to sell all or part of its Tanzania-focused ...

China to announce murder trial verdict on Monday
BEIJING — A Chinese court will deliver a verdict in the murder trial of disgraced politician Bo Xilai's wife on Monday, a lawyer said, as the Communist Party moves a step closer to resolving a scandal that has threatened to overshadow China's once-a ...

Soho China Transformation Raises Worries
HONG KONG—Concerns over weaker near-term earnings at Soho China Ltd. following a radical shift in the company's strategy to lease, rather than sell key development properties, sent shares of the Chinese real-estate titan down as much as 8.6% in Hong ...

Chinese Asbestos in Australia? Blame 'Quality Fade'
By Michael Dunne. Some mistakes are understandable. Others seem to defy explanation. Earlier this week, two leading Chinese car companies, Great Wall Motor and Chery Automobile, confirmed they are recalling 23000 cars and trucks they've sold in ...

China's Corrupt Food Chain
Published: August 17, 2012. An April report by China's national broadcaster CCTV detailed the manufacturing process followed by 16 companies that sell preserved fruit. It made the meat-packing methods described by Upton Sinclair in “The Jungle” a ...

Gu Kailai Trial: China To Announce Verdict For Bo Xilai's Wife On Monday
In this Aug. 9, 2012 file video image taken from CCTV, Gu Kailai, center, the wife of disgraced politician Bo Xilai, stands during her trial in the Hefei Intermediate People's Court in Hefei in eastern China's Anhui province. (AP Photo/CCTV via APTN ...

The Breakfast Meeting: Guity Verdicts in Pussy Riot Case, and China's Media ...
The Breakfast Meeting: Guity Verdicts in Pussy Riot Case, and China's Media ...

Japan expels Chinese activists it arrested after they landed boat on disputed ...
Japan expels Chinese activists it arrested after they landed boat on disputed ...

METALS-Copper gains on upbeat data, Merkel comments
U.S. consumer sentiment at three-month high in Aug * Copper stocks in LME warehouses at lowest since early June * LME aluminium bounces off Thursday's three-year low By Susan Thomas and Harpreet Bhal LONDON, Aug 17 (Reuters) - Copper rose on ...

21Vianet Plunges as ADRs Head for Weekly Slump: China Overnight
21Vianet Sinks to 2012 Low as ADRs Fall in Week: China Overnight. By Belinda Cao - 2012-08-17T21:12:25Z. 21Vianet Group Inc. (VNET) tumbled to the lowest in nine months, leading declines in Chinese companies traded in New York after second-quarter ...

China's shrinking economy
They did it again. Beijing's economic statistics for July, issued last week, appear to have been “made up,” as the Chinese now characterize fictitious numbers. One figure, whether accurate or not, was especially illuminating. Last month, the production ...

China Poodle 'Babies' Spur $1.2 Billion Pet-Care Market
Wang Xingru and her husband chose a fluffy brown alternative to parenthood named Jing Jing. Before welcoming the year-old toy poodle into their Beijing apartment last summer, the couple spent 5,000 yuan ($786) in veterinary fees, including shots and ...

Senators press Pentagon to freeze out defense contractor over China chopper ...
Senators press Pentagon to freeze out defense contractor over China chopper ...

A space pact with China could be the new 'SALT'
China is at the cusp of its “SALT moment” with the United States. Moscow and Washington were at a similar juncture in 1969, when the strategic arms limitation talks got underway. President Richard Nixon and General Secretary Leonid Brezhnev decided to ...

Asia Stocks Rise for a Third Week on Wen Comments, U.S. Economy
By Kana Nishizawa - 2012-08-17T23:33:40Z. Asian stocks rose this week, with the benchmark index posting its longest weekly winning streak since March, after China's Premier Wen Jiabao said there's more room to adjust monetary policy and U.S. economic ...

Asia Stocks Rise for a Third Week on Wen Comments, US Economy
Asian stocks rose this week, with the benchmark index posting its longest weekly winning streak since March, after China's Premier Wen Jiabao said there's more room to adjust monetary policy and U.S. economic reports signaled strength in the world's ...

North Korean Official Cements Status in Beijing Visit
North Korean Official Cements Status in Beijing Visit. By CHOE SANG-HUN. Published: August 17, 2012. SEOUL, South Korea — The uncle of Kim Jong-un, the North Korean leader, met on Friday in Beijing with President Hu Jintao and Prime Minister Wen ...

TABLE-China's property price changes in July
BEIJING, Aug 18 (Reuters) - Following is a breakdown of average new home price changes in major Chinese cities in July, announced by the National Bureau of Statistics on Saturday. Home price figures published since January 2011, are not comparable ...

China Gu trial verdict expected Monday
Published 8:04 p.m., Friday, August 17, 2012. This video image taken from CCTV shows Zhang Xiaojun, family aide of Gu Kailai, wife of disgraced politician Bo Xilai, standing trial at the Intermediate People's Court in the eastern Chinese city of Hefei ...

China home prices rise on month in July, down on year
China July home prices -1.5 pct on year, +0.1 pct on month. * Home prices rise in 49 of 70 cities in July vs 25 in June. BEIJING Aug 18 (Reuters) - China's home prices rose 0.1 percent in July from June, a second month of modest uptick that raises the ...

China Gas Reinstates Liu as Head After Embezzlement Case Dropped
China Gas Holdings Ltd. (384), the target of a $2 billion hostile takeover, reinstated Liu Ming Hui as managing director 20 months after his arrest in Shenzhen on suspicion of embezzlement led to his ouster. The Hong Kong-based distributor of gas in ...

China to double price-controlled drugs list by year-end - paper
Essential drug list to be increased from 307 to 700 - state media. * List intended to control healthcare costs, diminish prescription abuse. * Listed Chinese pharma companies struggle for profitability. SHANGHAI, August 18 (Reuters) - China is set to ...

China urges Japan to halt disputed island visit
China says any action by Japan over the islands will undermine its sovereignty; A Japanese group is planning a trip to the islands Saturday, Chinese state media reports; Both China and Japan claim sovereignty over the uninhabited islands; 14 Chinese ...


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