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China News 08/2012 (Page 9)



China blames West for UN discord on Syrian civil war, repeats call for ...
China blames West for UN discord on Syrian civil war, repeats call for ...

Asian Stocks Drop as Mining, Metal Shares Slide on China
Asian Stocks Drop as Mining, Metal Shares Slide on China. By Kana Nishizawa - 2012-08-15T04:15:11Z. Asian stocks fell a third time in four days as earnings at China Aerospace International Holdings Ltd. disappointed investors and steelmakers slid after ...

China Overnight Money Rate Rises Most Since June on Cash Crunch
China's overnight money-market rate rose the most in eight weeks on speculation a cash shortage will worsen as the central bank refrains from lowering reserve requirements for major lenders. The People's Bank of China has gauged demand for seven- and ...

China Can Meet Growth Target on Positive Signs, Wen Says
China Can Meet Growth Target on Positive Signs, Wen Says. By Bloomberg News - 2012-08-15T16:00:01Z. Chinese Premier Wen Jiabao said easing inflation allows more room to adjust monetary policy and positive signs are emerging in the economy, ...

China, The World's Greatest Fool?
By JOSEPH STERNBERG. Everyone has heard the greater-fool theory of investing—you buy any asset at any price, no matter whether the price has any rational relationship to the underlying value, in the hope you can turn around and sell at an even higher ...

Bright Food Tops Banks With $800 Million Loan: Corporate Finance
Bright Food Group Co., the Chinese company buying wine merchants in France and cereal makers in Britain, is cutting interest costs by as much as a third as it benefits from foreign lenders eager to build better relations. In what bankers say is the ...

Sinopec's Clean Coal Plan Shows It's Set To Buy Chesapeake's Texas Oil Fields
When I saw the headline this morning about China's Sinopec pursuing a big energy deal in Texas I thought maybe Chesapeake Energy CEO Aubrey McClendon had finally convinced the Chinese to take that $6 billion worth of Permian Basin oil fields off his ...

China demands Japan release activists over island protest |
1 of 2. A fishing boat carrying activists from the Hong Kong-based ''Action Committee for Defending the Diaoyu Islands'' sails near the disputed islands in the East China Sea, known as Senkaku in Japan or Diaoyu in China, in this handout photo taken by ...

Could Diego Maradona Work as a Coach in China?
With the new influx of aging foreign stars into China's professional soccer league, the sport is sure to get more exciting on the field. And, as Chinese soccer fans learned Monday, it may soon get more of the off-the-field drama every modern soccer ...

Emerging Stocks Fall as Chinese Shares Drop Most in Three Weeks
Emerging-market stocks fell, led by the biggest drop in Chinese shares in three weeks, as rising bad loans fueled concern the nation's economic slowdown will deepen. The MSCI Emerging Markets Index (VXEEM) retreated 0.5 percent to 972.59 by 10:16 a.m. ...

Tencent Profit Rises 32% on China Online Advertising, Games
Tencent Holdings Ltd. (700)'s second- quarter profit jumped 32 percent as China's biggest Internet company drew more advertisers to its social-networking websites and added online-game players. Net income climbed to 3.1 billion yuan ($487 million) from ...

Price War Rattles Chinese Retailers
By LAURIE BURKITT. BEIJING—The prospect of a gadget and appliance price war in China spooked investors already worried about the impact of the country's slumping housing market, sending shares of China's consumer-electronics retailers on a rocky ...

Obstacles hurting Canada-China energy investment: official study
Canada, China needed clearer investment rules -- report. * Canada keen to sell oil to China, wants foreign investment. * Canada set to study CNOOC bid for Nexen. By David Ljunggren. OTTAWA, Aug 15 (Reuters) - Unclear investment rules are hampering ...

Growth Concern Sinks Telecoms as Hollysys Jumps: China Overnight
Growth Concern Sinks Telecoms as Hollysys Jumps: China Overnight. By Belinda Cao - 2012-08-15T21:35:43Z. Chinese telecommunications operators traded in New York dropped on concern a slowdown in the world's second-largest economy will threaten ...

Love Limbo in Shanghai as Curbs Freeze Singles From Home Market
Tank Zhao is being forced to ditch tradition by taking a bride before buying a home as Shanghai bans unmarried non-locals like him from purchasing property. The 28-year-old software engineer from Fujian province had been looking for an apartment ahead ...

China Gains as $17.5 Billion Subsidy Curbs ONGC Buyouts
China Gains as $17.5 Billion Subsidy Curbs ONGC Buyouts. By Pratish Narayanan - 2012-08-15T18:33:01Z. Oil & Natural Gas Corp. (ONGC), India's biggest state-run explorer, is lagging behind Chinese peers in the race for overseas assets after subsidies to ...

A Chinese Murder Mystery, Far From Solved
It appears that the trial, which lasted less than eight hours, was a sham and Ms. Gu was made a scapegoat in a broader political power struggle between her husband and top leaders like Premier Wen Jiabao and President Hu Jintao. During the trial, Ms ...

Sliding Investment in China Signals Confidence Waning
Foreign direct investment in China fell to the lowest level in two years in July, fueling concern that waning confidence in the nation's growth prospects may restrain any economic rebound. Investment declined 8.7 percent from a year earlier to $7.58 ...

India morning call-Global markets
-------------------(8:45 a.m India Time)----------------------- Stock Markets DJIA 13164.78 -7.36 Nikkei 9046.10 +121.06 NASDAQ 3030.93 +13.95 FTSE 5833.04 -31.74 S&P 500 1405.53 +1.60 Hang Seng 20096.15 +41.29 SPI 200 Fut 4246.00 +0.00 CRB Index ...

China's Smaller Banks Seek Alternatives to IPOs
After waiting for years for China to allow some of the country's smaller regional banks to be listed on a stock market, impatient shareholders are trying other ways to cash out. Dozens of informal equity exchanges have popped up across the country in ...

China-Auto Recall, Oil Rules, WJB Capital Expelled: Compliance
An Australian recall by China's two biggest car exporters for potential cancer-producing asbestos parts may threaten plans by Chinese automakers to expand into the U.S. and Europe amid intensifying competition at home. Australia was to be the “testing ...

Wen says China still can meet this year's economic growth target despite ...
Wen says China still can meet this year's economic growth target despite ...

Paul Ryan: China is treating Obama 'like a doormat'
U.S. Republican presidential and vice presidential candidates Mitt Romney, left, and Paul Ryan wave after a campaign rally at the Harris Pavilion in Manassas on Aug. 11. (Saul Loeb - AFP/Getty Images). NORTH CANTON, Ohio – Rep. Paul Ryan had some ...

China Galaxy Securities Moves Toward IPO
By PRUDENCE HO. HONG KONG—China Galaxy Securities Co. is looking for banks to advise it on a dual Shanghai and Hong Kong listing that could raise more than $1 billion, people with direct knowledge of the situation said Thursday, even as weak ...

China's Homegrown Smartphone Firm, Xiaomi, Takes on Market With Low-price ...
China's Homegrown Smartphone Firm, Xiaomi, Takes on Market With Low-price ...

Time for Re-Education? Critics Take on China Labor Camp System
A controversial feature of China's legal system that allows authorities to ship people off to labor camps without formal arrest or trial is coming under increasing fire inside the country. In the latest development, 10 lawyers from different cities ...

Barrick Gold in African unit talks with China
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 ...

Most Emerging Stocks Rise as US Building Permits Climb
Most Emerging-market stocks advanced as U.S. building permits jumped in July to a four-year peak, offsetting concern of declining foreign direct investment in China, the world's second-biggest economy. The MSCI Emerging Markets Index (MXEF) was little ...

Has China created the world's first social credit card?
In this photo taken on Aug. 1, 2012, employees work at their desks at a Sina Weibo office in Beijing. (Alexander F. Yuan - AP). At a time when most U.S. bank credit cards seem to be stuck in a competitive rut, Sina Weibo, China's popular micro-blogging ...

In Ohio, Paul Ryan Says China Treats Obama Like a 'Doormat'
NORTH CANTON, Ohio–Paul Ryan jumped on a Mitt Romney talking point today stressing that China is not a fair trading partner, something the top of the ticket consistently mentions on the campaign trail. However, Ryan went a step further at a rally here ...


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