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China News 09/2012 (Page 11)



Indian Mines Ministry Seeks Lower Iron Ore Tax to Clear Stocks
India's mines ministry is seeking a lower export tax for iron ore, helping Sesa Goa Ltd. (SESA), NMDC Ltd. and rival producers of the raw material clear stockpiles amid waning demand and prices in China. The ministry will recommend lowering the 30 ...

China reins in anti-Japan protests on sensitive anniversary
BEIJING — Anti-Japanese protests continued across China on Tuesday, with thousands of people marching on the Japanese Embassy to mark the anniversary of Japan's brutal invasion 81 years ago. The numbers equaled or surpassed those seen in riots ...

Home Depot's big box plans for China lost in translation
Lost in translation? Home Depot, the world's largest home improvement chain, will close all seven of its big box stores and cut 850 jobs in China as the retailer changes its focus in the Chinese market. Shown here at better times: Former U.S. Treasury ...

Race Is On as Ice Melt Reveals Arctic Treasures
At stake are the Arctic's abundant supplies of oil, gas and minerals that are, thanks to climate change, becoming newly accessible along with increasingly navigable polar shipping shortcuts. This year, China has become a far more aggressive player in ...

Territorial Fashionistas: Uniqlo Staff in China Add Senkaku Spin to Style Tips
Shanghai staff of Japanese casual retail giant Uniqlo made more than just a fashion statement over the weekend. In front of their fall style display showcasing Uniqlo's signature premium down vests and corduroy leggings was a controversial declaration ...

Sugar Harvest in China to Jump on Weather, Paring Imports
Sugar Harvest in China Seen Jumping on Weather, Paring Imports. China may not need to import sugar if the country produces between 13.5 million tons and 14 million tons in 2012-2013, said Jonathan Kingsman, chief executive officer of researcher and ...

Most Chinese Stocks Gain, Led by Brokerages, on Reform Optimism
Most Chinese stocks rose as speculation the government will take steps to boost the equity market overshadowed concern inflation will hamper the central bank's ability to ease monetary policy. Pacific Securities Co. (601099) climbed 1.6 percent, pacing ...

Copper steady as Spain worries blunt stimulus rally
SINGAPORE (Reuters) - Copper prices were little changed on Wednesday, with a U.S. stimulus-led rally wearing off as worries over Spain's debt resurface and traders reported fading interest from top consumer China with prices not far from 4-1/2-month ...

Nikkei inches up as pessimism eases about China-exposed firms
TOKYO (Reuters) - Japan's Nikkei share average inched up on Wednesday morning as investors bought back battered China-related stocks after anti-Japan protests in the country did not intensify, while hopes for further monetary easing from the Bank of ...

China Foreign Investment Falls as Japan Spat Threatens Trade
China Foreign Investment Falls as Japan Spat Threatens Trade. By Bloomberg News - 2012-09-19T03:39:11Z. Foreign direct investment in China fell in August for the ninth time in 10 months and the government indicated a diplomatic spat with Japan will ...

Federal government ignored stimulus rules, purchased Chinese solar panels
The federal government violated stimulus fund purchasing regulations when it agreed to purchase solar panels for a "green energy" upgrade of the Sen. Paul Simon Federal Building in Carbondale, Illinois, which houses Assistant Senate Majority Leader ...

Panetta meets with China's elusive leader-in-waiting
BEIJING — China's anointed leader, Xi Jinping, reemerged from the shadows Wednesday as he met with U.S. Defense Secretary Leon E. Panetta and smiled for the cameras, quelling speculation about his health and political status. Xi is widely expected to ...

Amid Protests, Shanghai Protects Japanese Consulate it Paid To Fix
Police around China in recent days failed to stop protesters from defacing reminders of Japan, like cars, shops and Tokyo's diplomatic missions. But this week in Shanghai, police methodically prevented damage to one image of Japan: its local consulate ...

The Meaning of the China-Japan Island Dispute
BEIJING — Oh, the irony. This was supposed to be the “Friendship Year of Japan-China People to People Exchanges,” marking 40 years of diplomatic ties between the World War II enemies. What we're seeing, instead, is deepening dislike, even hatred, over ...

China: Trade and Politics Don't Mix, Except When They Do
Every now and then China gets its hackles up and reminds some offending party not to mix politics with trade. At a briefing by China's Ministry of Commerce on Wednesday, members of the Fourth Estate got to see that, despite Beijing's noble sentiments, ...

China-Japan Row Strikes Sad Chord for Music Lovers
By Yoree Koh. The China-Japan territorial dispute has struck a sad chord for Japan's classical music lovers. Chinese pianist Yundi Li will cancel all of his performances in Japan in light of the ongoing territorial squabble between his home country and ...

Maine delegates: China trip promising
AUGUSTA, Maine (AP) — Maine seafood, educational programs, and tourism are among the treasures the state has to offer to boost trade with China, delegates on Gov. Paul LePage's recent trade mission said Tuesday. The 13-member delegation visited ...

China implicates Bo Xilai in criminal case
BEIJING (Reuters) - China for the first time on Wednesday implicated former senior politician Bo Xilai in a criminal act while avoiding naming him directly in a published account by state media of the trial of his one-time police chief. The Bo scandal ...

METALS-Copper edges up, but weak demand seen despite stimulus
Concern stimulus measures have yet to boost real demand * Lead hits highest since January, zinc hit highest since February * LME copper stocks fall to lowest since October 2008 By Silvia Antonioli and Maytaal Angel LONDON, Sept 19 (Reuters) - Copper ...

The Real Victims of Romney's America
The worst thing about Mitt Romney's condescending Ayn Randian rants down in Boca Raton wasn't the part where he makes the novel argument that it's easier to become president when you're a Hispanic (because... we've had so many of these?) or where ...

Can the Frog Jump Before the Water Boils?
Follow @nytimesworld for international breaking news and headlines. Twitter List: Reporters and Editors. So as Beijing gloried recently under brilliant blue skies, the kind of weather known here by the saying “qiu gao qi shuang” (the autumn sky is high ...

Ratcheting up pressure on GOP (and Obama) over China
Ratcheting up pressure on GOP (and Obama) over China. By Greg Sargent. Mitt Romney routinely accuses Obama of failing to get tough with China, and the President has returned fire by slamming Romney over Bain outsourcing and touting his own filing of ...

In China, the only certainty is uncertainty
BEIJING. In Beijing last week, every conversation ended the same way. You could start off talking about art, or the stock market, or food. You could be sitting at a formal banquet or in somebody's house. You could be chatting with a businesswoman in a ...

China probing US ambassador's car incident
Above is video posted to YouTube by Chinese dissident artist Ai Weiwei, showing protesters surrounding and throwing water bottles at U.S. Ambassador Gary Locke's car on September 18, 2012, in Beijing. (AP) BEIJING - China said Wednesday it was ...

Yuan Breaches 6.3 to Touch a Five-Month High
By Kyoungwha Kim and Fion Li - 2012-09-20T02:48:58Z. China's yuan rose to a five-month high, breaching the 6.3 per dollar level, on speculation capital flows into emerging markets will quicken as policy makers in the world's largest economies act to ...

Asian shares extend fall after China flash PMI
Medicine gone horribly wrong. Fortune dives into a medical device giant's decision to illegally test a bone cement on patients, which reportedly resulted in at least five deaths. Read more at Counterparties · Debt colletor's latest tricks · The ...

Chinese Vie to Strike Gold Down Under
By Rhiannon Hoyle. In a market where decent gold equity deals can be almost as rare as the commodity itself, eager Chinese buyers are scouring the Australian Outback looking to shore up access to future gold supply. Shandong Gold Group is taking a ...

Copper slips after China factory data
SINGAPORE (Reuters) - London copper slipped on Thursday after data from top consumer China showed manufacturing activity steadying, but not improving, while enthusiasm waned over Japan's easing steps that pushed prices to a 4-1/2 month high in the ...

Mando Said to Plan 250 Billion Won IPO of Its China Unit
Mando Said to Plan 250 Billion Won IPO of Its China Unit. By Rose Kim and Fox Hu - 2012-09-20T15:00:01Z. Mando Corp. (060980), the largest unit of South Korea's Halla Group, plans to raise about 250 billion won ($223 million) from an initial public ...

Microsoft Said to Ask China to Stop Piracy at Four Firms
Microsoft Said to Ask China to Stop Piracy at Four Firms. In its complaint, Microsoft alleges that almost all of Travelsky's Office software is unlicensed, while 93 percent of China Post's and 84 percent of China Railway Construction's comes from ...


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