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China News 09/2012 (Page 12)



China Overtakes U.S. as Largest Crop Importer, WTO Data Show
China passed the U.S. last year for the first time to become the biggest importer of agricultural products and also increased its exports, according to data by the World Trade Organization. Imports, including food and beverages, rose 34 percent to $144 ...

China-Japan Dispute Tests China's Ties With the US
China's territorial dispute with Japan over a group of islands in the East China Sea is also testing the country's relations with the U.S.. While both the American and the Chinese governments are taking steps to avoid escalating tensions between Asia's ...

The Coming Global Savings Famine?
By Alen Mattich. Global markets will increasingly start to feel the effects of China's slowdown. But maybe not quite in the obvious ways or for the obvious reasons. China's manufacturing sector continued to contract in September, according to the ...

Clinton to Push Tougher Syria Policy at UN
WASHINGTON — U.S. Secretary of State Hillary Clinton heads next week to the United Nations General Assembly, trying to rally international support for tougher action against embattled Syrian President Bashar al-Assad. She is facing stiff opposition ...

GLOBAL ECONOMY-US factories struggle, Europe and China slump
U.S. manufacturing marks worst quarter in three years. * European service firms struggle. * Surveys back view of imminent rate cut from ECB. * Chinese factories in decline for 11th month. By Steven C. Johnson and Andy Bruce. NEW YORK, Sept 20 (Reuters) ...

GLOBAL MARKETS-Shares lower on growth outlook; oil rebounds
Chinese data shows manufacturing contracts for 11th month * Dollar rises broadly; euro falls on crisis woes * Spain bond yields fall at auction to lowest since January By Ryan Vlastelica NEW YORK, Sept 20 (Reuters) - Stocks in the U.S. and Europe fell ...

Trade talks aim to expand United States' Asia presence, with China on the horizon
Trade talks aim to expand United States' Asia presence, with China on the horizon. STR/AFP/GETTY IMAGES - The U.S. aims to unite large portions of Asia, North America and South America in a trading bloc of lowered tariffs and common rules — a tidal ...

'Peasant games' underway in China
NANYANG, China -- Jiang He struggled to stuff-weighted bags into a sack, breaking one of her long nails, then crashed her sack-laden tricycle into a line judge on the finishing straight, sparking laughter from the stadium crowd Thursday. "I came last ...

Swire Properties Sees Strong Rent Growth in China, CEO Says
Swire Properties Sees Strong Rent Growth in China, CEO Says. By Bloomberg News - 2012-09-21T01:33:01Z. Swire Properties Ltd. (1972), the Hong Kong landlord whose tenants include Time Warner Inc., said rental income from China will be “very strong” ...

Sleepy Islands and a Smoldering Dispute
Published: September 20, 2012. ISHIGAKI, Japan — In the fishing harbor here, Japan has increased the number of sleek, white Coast Guard cutters to fend off the Chinese patrol boats that have stepped up their challenge of Japan's control of disputed ...

Obama's Journey to Tougher Tack on a Rising China
WASHINGTON — President Obama's patience with China had been fraying for months, and by November 2010 he was fed up. Meeting with President Hu Jintao in Seoul, South Korea, Mr. Obama warned that if China did not do more to curb North Korea's ...

China steel futures dip again as caution prevails
Rebar futures down again after heavy Thursday losses * Weak manufacturing data cuts short four-day iron ore price rally * Analysts say substantial recovery unlikely in week ahead By David Stanway BEIJING, Sept 21 (Reuters) - Shanghai steel rebar ...

Bashing for votes
During campaign stops this week in Cincinnati and Columbus, President Obama said his administration is bringing a case against China before the World Trade Organization, accusing Beijing of illegally subsidizing exports of autos and auto parts to the ...

China Slowdown Seen Longer Than 2009 by Government Researcher
China Slowdown Seen Longer Than in Crisis by State Economist. By Bloomberg News - 2012-09-21T03:27:34Z. China's economic slowdown may last longer than during the global financial crisis because of worsening external demand and limited lending to ...

Asia's Growing Role in Formula One Racing
Four of the Formula One season's seven remaining races will be run in Asia, starting with the Singapore Grand Prix this weekend. But as the series has expanded over the years into Asia, home to six of the 20 races this season, it has also lost some of ...

TEXT-S&P summary: Ping An Property & Casualty Insurance Co. of China Ltd.
We consider Ping An P&C to be a core member of the Ping An Group. We assess the company's credit profile together with the wider group credit profile. The group includes Ping An Life Insurance Co. Ltd. (not rated), China's second-largest life insurer ...

iPhone 5 In China: Black Market Already Formed Ahead Of Official Release In ...
iPhone 5 In China: Black Market Already Formed Ahead Of Official Release In ...

Google yanks free music service in China
Google is shutting a Chinese music search service that offered free licensed music downloads because it wasn't popular enough, the company said Friday. The announcement came in a blog posting from senior engineering director Boon-Lock Yeo, who said ...

METALS-Copper up slightly on stimulus optimism, doubts on rally
Lead hits near eight-month high as stocks fall * Recent factory data from U.S., China, Europe caps gains * Coming Up: U.S. CFTC commitment of traders data ; 1930 GMT (Updates with closing prices) By Eric Onstad and Silvia Antonioli LONDON, Sept 21 ...

Sotheby's, Eyeing Chinese Market, Signs Deal With Beijing Company
In an effort to capitalize on the tremendous growth of the Chinese art market Sotheby's announced on Friday that it had entered into a 10-year joint venture with the Bejing GeHua Art Company, a state-owned enterprise that is part of the Beijing GeHua ...

US, China Agree on US Audit Inspections in China
By MICHAEL RAPOPORT. U.S. and Chinese authorities have reached a tentative agreement to begin sending American audit-firm inspectors to China as observers—a step that regulators hope will help pave the way for full U.S. scrutiny of Chinese firms that ...

Pessina Plans to Build More Stakes in China, Open Pharmacies
Alliance Boots Holdings Ltd. Chairman Stefano Pessina said the company plans to expand in China by buying into the biggest pharmaceutical company there in five years' time and opening pharmacies in the Asian nation. While local laws restrict the ...

Romney's Family Trust Invested in Chinese Oil Company
On the campaign trail, Mitt Romney has become increasingly critical of China, saying the country is engaging in unfair trade practices and vowing to crack down on them in ways that are much more severe that the current administration. The 2011 tax ...

China sidesteps disputes with Southeast Asian neighbors, in contrast to island ...
China sidesteps disputes with Southeast Asian neighbors, in contrast to island ...

Chinese Shares Take a Drubbing
Investors and analysts said there wasn't a single cause for the week's 4.6% selloff, instead citing a combination of weak manufacturing data, an intensifying diplomatic row between China and Japan over disputed islands, and uncertainty about changes in ...

Myanmar president says democracy won't change China friendship
BEIJING (Reuters) - Myanmar's transition to democracy will not change the country's traditional friendship with China, Myanmar President Thein Sein was cited as telling Chinese Vice President Xi Jinping, amid concerns in China its neighbour could ...

Venezuela, China Sign Gold-Mine Deal
Associated Press. CARACAS, Venezuela—Chinese and Venezuelan officials signed an agreement to jointly develop one of the world's largest gold mines. The agreement on Las Cristinas gold mine was signed Friday by officials of the Venezuelan ...

We fear China beating us at our own game
DENVER (MarketWatch) — U.S. foreign policy with China, under both Republican and Democratic administrations, has been, “Loan us your money, so we can buy your stuff.” Some of our most-valuable industries, from global banks like J.P. Morgan Chase ...

PBOC Adviser Sees No Signs of Rebound
BEIJING—China's economy hasn't shown any signs of rebounding in the third quarter, and domestic investment is unlikely to expand dramatically in the short term, said Song Guoqing, an adviser to the People's Bank of China. Speaking to told a forum in ...

'India must prepare for conventional wars with Pakistan, China'
Washington, Sep 22 — India must prepare itself for future conventional wars with Pakistan and China since nuclear deterrence is not a panacea as demonstrated by the 1999 Kargil War, says a new report by a US think tank. "On a strategic level, the ...


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