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China News 09/2012 (Page 14)



Eight Questions: Jeff Wasserstrom, The Many Tones of 'Chinese Characters'
University of California Press. In a country of 1.3 billion the details of individual lives are often lost in the mix. In a new book, “Chinese Characters: Profiles of Fast-Changing Lives in a Fast-Changing Land,” editors Angilee Shah and Jeffrey ...

Australia Shares Drop Amid Lingering Concern Over Europe, China
SYDNEY--Resources stocks led a pullback in Australia's share market Monday after Wall Street continued to lose recent stimulus-inspired momentum, and as sentiment was dented by lingering concern over China's economy and Europe's ability to overcome ...

Bo Xilai awaits his fate after sentencing of wife and top aide
BEIJING — His wife is in jail on a murder conviction with a suspended death sentence. His former right-hand man was just sentenced to 15 years in prison for covering up the crime and then trying to defect to the United States. Somewhere, Bo Xilai ...

Kellogg To Bring Cereal To China Due To Increased Milk Consumption
Video, Cereal, China Milk Consumption, Kellogg, Kellogg Cereal, Kellogg Cereal China, Kellogg China, Food News. Kellogg Cereal China. NEW YORK -- Kellogg is hoping to turn cereal into a breakfast staple in China. The maker of Frosted Flakes, Pop-Tarts ...

Foxconn Plant Closed After Riot, Company Says
By DAVID BARBOZA and KEITH BRADSHER. Published: September 24, 2012. SHANGHAI — Foxconn Technology, a major supplier to some of the world's electronics giants, including Apple, said it had closed one of its large Chinese plants Monday after the ...

Prada Shrugs Off Fears of Slowdown
By NADYA MASIDLOVER And NOEMIE BISSERBE. PARIS—Prada SpA Chief Executive Patrizio Bertelli said Monday that he remains confident about the Italian fashion house's growth prospects despite fears of a slowdown in demand for luxury goods, as the ...

Before China's transfer of power, a would-be defector gets a 15-year sentence ...
Before China's transfer of power, a would-be defector gets a 15-year sentence ...

Confrontation at sea
China and Japan are making a mountain of a molehill in their territorial dispute over a group of tiny, uninhabited islands in the East China Sea known as the Senkaku (in Japan) or the Diaoyu (in China). Whatever their name, they're basically just a ...

Property Slump Reshapes List of China's Richest
Nearly 50% of China's top 1,000 wealthiest citizens have faced financial losses this year, with the average wealth falling 9% to $860 million from a year earlier, according to a new ranking of China's richest from Hurun Report, a Shanghai-based group ...

Riot at Foxconn Factory Underscores Rift in China
By DAVID BARBOZA and KEITH BRADSHER. Published: September 24, 2012. SHANGHAI — The images and video began to appear on Chinese social networking sites early Monday: buildings with shattered windows, overturned police cars, huge crowds ...

China Wealth Gap to Stay in Danger Zone, Government Adviser Says
China's income gap will persist at a “dangerously” high level over the coming decade, putting pressure on the nation's incoming leaders to curb corruption and state control of industries, according to a government adviser. China's Gini coefficient, a ...

Louis Vuitton Risks Logo Fatigue as Chinese Tastes Mature
Luxury-goods makers early into China have long counted on consumers there to snap up $1,000 handbags and other pricey -- and profitable -- wares. Now, Chinese tastes are changing in ways that may hurt the brands that expanded most aggressively in the ...

China Stocks Swing Between Gains and Losses; Sichuan Stocks Rise
Chinese stocks swung between gains and losses as speculation the government is accelerating measures to support the nation's equities market countered concerns about slowing economic growth. Citic Securities Co. (600030), the nation's biggest-listed ...

China's Central Bank Injects Record Funds to Ease Cash Crunch
China's central bank added a record 290 billion yuan ($46 billion) to the financial system using reverse-repurchase agreements, seeking to address a cash squeeze in the run-up to a weeklong holiday. The People's Bank of China conducted 190 billion yuan ...

Japan fires water cannon to turn away Taiwan boats
1 of 4. An aerial view shows Japan Coast Guard patrol ship (C) and Taiwan's Coast Guard vessel (top) spraying water at each other near the disputed islands in the East China Sea, known as Senkaku in Japan, Diaoyu in China and Tiaoyutai in Taiwan, in ...

India Morning Call-Global markets
--------------(8:45 a.m India Time)----------------------- Stock Markets DJIA 13,558.92 -20.55 Nikkei 9,095.28 +25.99 NASDAQ 3,160.78 -19.18 FTSE 5,838.84 -13.78 S&P 500 1,456.89 -3.26 Hang Seng 20,661.16 -33.54 SPI 200 Fut 4,395.00 -3.00 CRB Index ...

Investor Wilbur Ross eyes JV in China shale tender
SINGAPORE (Reuters) - Billionaire investor Wilbur Ross plans to take part in China's first shale gas tender open to foreign investors by teaming up Exco Resources (XCO.N), a U.S. natural gas firm he holds a stake in, with a Chinese partner. China ...

Meet the Man Who Built a 30-Story Building in 15 Days
Zhang Yue, founder and chairman of Broad Sustainable Building, is not a particularly humble man. A humble man would not have erected, on his firm's corporate campus in the Chinese province of Hunan, a classical palace and a 130-foot replica of an ...

China Shows Off an Aircraft Carrier but Experts Are Skeptical
BEIJING — In a ceremony attended by the country's top leaders, China put its first aircraft carrier into service on Tuesday, a move intended to signal its growing military might as tensions escalate between Beijing and its neighbors over islands in ...

METALS-Copper gains on US data, China demand uncertain
Trade thin ahead of Chinese National Day holidays * Copper, aluminium physical demand still poor * U.S. consumer confidence at seven-month high By Silvia Antonioli and Harpreet Bhal LONDON, Sept 25 (Reuters) - Copper rose on Tuesday as the euro ...

IKEA Says Paying Chinese Suppliers in Yuan Reduces Risk
By JENS HANSEGARD. STOCKHOLM—IKEA said its move earlier this year to pay Chinese suppliers in yuan is helping simplify negotiations and lowering currency risks in the rapidly growing Chinese market. The Swedish furniture retailer historically paid ...

Foxconn riot in China seen as likely to recur
STRINGER/CHINA/REUTERS - Workers clean up glass shards from the broken windows of a security room near an entrance of a Foxconn Tech-Industry Park in Shanxi province on Sept. 24, 2012. Taiwan's Foxconn Technology Group closed its Taiyuan plant ...

China's Foreign Banks Rev Profit Engines
By DINNY MCMAHON. BEIJING—Profits earned by the China operations of foreign banks surged in 2011, according to a new report, a remarkable turnaround from previous years but one the banks may struggle to maintain. The report, which accounting firm ...

Inside China's Insatiable Apple-tite
By Leslie Josephs. China's growing economy has whetted its citizens' appetite for everything from copper to luxury goods to high protein diets. But there's another coveted commodity that's been flying under the radar: apples. No, not that kind. China's ...

The Chinese Key to Electric Car Adoption
The Chinese State Council Development Research Center Enterprise Institute, “a leading policy research and consulting institution directly under” China's State Council, just released a policy whitepaper endorsing business model innovation as the key to ...

China Loans Boost Access to OPEC Nation After Ecuadorean Default
Ecuador's inability to borrow in international markets after its 2008 default is drawing the nation closer to China as the world's largest commodities consumer grants loans in exchange for access to oil and metals. Home to untapped copper reserves ...

Winter of discontent for China coal trade as credit cut
Chinese banks reduce loans to coal traders. * Banks seek shorter payment terms, deposit for letters of credit. * Tighter credit likely to hamper coal's recovery. * Add to concerns about strains on banking system. By Fayen Wong. SHANGHAI, Sept 26 ...

Lenovo Counting on China Advantage to Challenge Apple Lead: Tech
Lenovo Group Ltd. (992), set to overtake Hewlett-Packard Co. (HPQ) as the biggest PC maker this year, now has its sights on the smartphone and tablet markets, as it takes on Apple Inc. and Samsung Electronics Co. in China. “We want to test the market ...

Huawei Wants An ASX Listing, Just Not Now
By Gillian Tan. China's Huawei Technologies won't list on the Australian Securities Exchange until 2017 at the earliest, if at all, as it seeks to convince Australian authorities that it's run transparently and not an arm of the Chinese state. An ...

China's Stocks Fall, Poised for Biggest Quarterly Loss in Year
China's stocks fell, sending the benchmark index toward its biggest quarterly decline in a year, on speculation the economic slowdown is deepening and measures by global central banks won't be enough to boost growth. China Vanke Co. (000002) and Poly ...


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