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China News 10/2012 (Page 3)



New Zealand Appliance Maker Rejects Bid From China's Haier
By REBECCA HOWARD. WELLINGTON, New Zealand—Chinese appliance maker Haier Group Corp. suffered a setback in its drive to expand overseas as New Zealand's Fisher & Paykel Appliances Holdings Ltd. rejected an 869 million New Zealand dollar ...

China close to entering WHO-approved global vaccine market
Successful test for land speed record. A British team behind a project to build a 1000mph car hold a successful test of the rocket they hope will push the vehicle beyond the sound barrier. Video · Facebook reaches one billion monthly active users ...

Report: Roger Federer receives death threat in Shanghai
Game On! Chris Chase, USA TODAY SportsShare. Comments. 2012-10-04 Federer US Open. Roger Federer ests during a line change in his match against Donald Young on day one of the 2012 US Open. (Photo: Jerry Lai, USA TODAY Sports) ...

China's Huawei Considers an IPO
By SPENCER E. ANTE, TELIS DEMOS and ANUPREETA DAS. Chinese telecommunications giant Huawei Technologies Co. has reached out to investment banks for advice on issuing stock to the public, people familiar with the outreach said, as the company ...

Hey Mitt, I'll see your China debt and raise you an F-35 program
Posted Oct 4, 2012, 12:18 pm. Jimmy Zuma TucsonSentinel.com. In the first presidential debate, Mitt Romney said he'd judge every government program by whether it was “so critical it's worth borrowing money from China to pay for it.” But it turns out ...

TEXT-Fitch Rates Sunac's Proposed Notes 'BB-(EXP)'
(The following was released by the rating agency). October 05 (Fitch) Fitch Ratings has assigned property developer Sunac China Holdings Limited's (Sunac, 'BB-'/Stable) proposed senior unsecured USD notes an expected rating of 'BB-(EXP)'. The final ...

METALS-Copper edges higher on euro, US jobs data in focus
SINGAPORE, Oct 5 (Reuters) - Copper edged up on Friday in line with a firmer euro after the European Central Bank said it was ready to buy bonds of troubled countries in the region, although volumes were low with top consumer China on a week-long ...

Mazda China Sales Tumble to 19-Month Low on Anti-Japan Protests
Mazda China Sales Tumble to 19-Month Low on Anti-Japan Protests. A visitor looks at Mazda Motor Corp.'s Mazda 3 displayed at the Beijing Auto Show in Beijing. Mazda's sales in China have been declining in the past few months because of increased ...

Toyota China sales tumble as islands row hits Japan Inc
How a trillion dollars stays offshore. US multinationals stash more than a trillion dollars in offshore holding companies. In the New York Times, law professor Victor Fleischer details exactly how they get away with it. Read more at Counterparties ...

No One Trusts China's Unemployment Rate
Ask an economist like Eswar Prasad, who used to work at the International Monetary Fund, "So, do you know, what the unemployment rate in China is?" And he'll answer, "We don't." The official unemployment rate, put out by the government, Prasad says, ...

Video of autistic child being beaten provokes Internet outrage
Footage purportedly shows four-year-old girl with autism being manhandled and beaten; The girl apparently collapsed and lost consciousness as other adults looked on; Caused outrage among Chinese netizens after video has been posted on the Internet ...

The Energy Journal: Oil Companies Push Ahead With Alaska Pipeline Proposal
By John M. Biers. Here's your morning jolt of news, insight and analysis on the global energy business. ALASKA NATURAL GAS PIPE PLAN REBORN. Oil companies are pushing ahead with a proposal to build a natural gas pipeline in Alaska, ...

Words to Soothe Asia's Tensions
By YAN LIANKE. Published: October 5, 2012. BEIJING — Raucous clashes triggered by the recent Sino-Japanese territorial dispute have made creative writing impossible for me. I've been devoting all my time to following the news, anxiously delving into ...

China landslide kills 19, 18 of them students
In this photo taken Thursday Oct. 4, 2012, residents gather at a landslide in Yiliang county in southwest China's Yunnan province. All 18 elementary school students buried in the landslide were confirmed dead Friday, while one other person remained ...

Working In China: Is It Still Worth Moving to the 'Mainland' for a Job?
Is it still worth moving abroad to mainland China for work even considering the recent spate of Chinese nationalism and growing conflict with Japan over the Diaoyu Islands? Young Americans are still moving there for work today, but should they? Hard to ...

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Comments. 2012-10-05 Federer US Open sitting. Roger Federer (SUI) rests during a line change in his match against Bjorn Phau (GER) on day four of the 2012 US Open at Billie Jean King National Tennis Center. (Photo: Susan Mullane, USA TODAY Sports) ...

Novak Djokovic rolls at Beijing
Third-seeded Jo-Wilfried Tsonga defeated Mikhail Youzhny of Russia 6-3, 6-2, and Feliciano Lopez of Spain outlasted Sam Querrey of the U.S. 4-6, 6-4, 6-4. On the women's side, top-seeded Victoria Azarenka and second-seeded Maria Sharapova advanced ...

China may soon stop handing out cheap solar panels for everyone
Over the past five years, China has invested heavily in its wind and solar industries so as to dominate the world market. But as Keith Bradsher reports in the New York Times today, that strategy is backfiring. The world is buying more solar panels and ...

PHOTOGRAPH BY: JAVIER ETXEZARRETA / EPA
Seoul — South Korean performers are suspended in midair to form a human net in a performance called "Aphrodite" by Spanish theater company La Fura Dels Baus. The performance is part of the Hi Seoul Festival which runs through Sunday. PHOTOGRAPH ...

China's 'New Left' Grows Louder
By BRIAN SPEGELE. BEIJING—Supporters of ousted political leader Bo Xilai are turning up the note of political discord in China with increasingly loud criticism that the policies of current Communist Party leaders are widening inequality and breeding ...

Parched in the West but Shipping Water to China, Bale by Bale
By PETER CULP AND ROBERT GLENNON. In 2012, the drought-stricken Western United States will ship more than 50 billion gallons of water to China. This water will leave the country embedded in alfalfa—most of it grown in California—and is destined to ...

Huawei Is Security Threat, US Lawmakers Say After Probe
Huawei Poses Security Threat to U.S., Lawmakers Say After Probe. Huawei Technologies Co. , China's largest phone-equipment maker, poses a security threat to the U.S., leaders of the House Intelligence Committee said as the panel prepares to issue a ...

World in Focus
A cook takes photos during the opening ceremony of the International Exhibition of Culinary Art (IKA) also known as the Culinary Olympics IKA in Erfurt, central Germany, on Friday, Oct. 5, 2012. About 1,600 chefs and pastry chefs and their support ...

Foxconn's iPhone plant "paralyzed" as thousands strike: report
Credit: Reuters/Stringer. SAN FRANCISCO | Fri Oct 5, 2012 11:34pm EDT. SAN FRANCISCO (Reuters) - Thousands of workers went on strike Friday at a Foxconn plant in central China that makes Apple Inc's iPhone 5, paralyzing production of the smartphone ...

Fact Check: Obama Ad Chastises Romney for China Investment
Claim: A new advertisement endorsed by President Barack Obama that is airing on KLAS-TV Channel 8 states: "These appliances could have been made here in America but a company called Global Tech maximized profits by paying its workers next to ...

Azarenka to meet Sharapova for Beijing crown
Beijing, China – Victoria Azarenka and Maria Sharapova were easy semifinal winners Saturday and will meet for the title at the China Open. The top-seeded Azarenka cruised to a 6-4, 6-2 victory over France's Marion Bartoli after the second-seeded ...

House Intelligence panel head blackballs China's Huawei
WASHINGTON (Reuters) - U.S. companies should avoid doing business with China's Huawei, the world's No. 2 maker of telecommunications gear, for fear its equipment could open doors for spying, the head of the U.S. House of Representatives' Intelligence ...

Foxconn workers reportedly halt production at iPhone plant
BEIJING -- Foxconn Technology Group denied on Saturday that production was affected at a Chinese factory that makes Apple's (AAPL) iPhones, although both state media and an overseas labor watch group said some workers halted production lines on ...

Wen urges disaster prevention following Yunnan landslide
Chinese Premier Wen Jiabao (front) presents a bouquet for the victims of a landslide in the village of Zhenhe in Yiliang County, southwest China's Yunnan Province, Oct. 5, 2012. The landslide that occurred Thursday killed 18 primary school students and ...

Foxconn workers strike over iPhone 5 demands, labor group says
NEW YORK (CNNMoney) -- Thousands of factory workers at Foxconn went on strike Friday to protest their working conditions on the iPhone 5's production lines, according to a report from an independent workers' rights organization. Workers at Foxconn's ...


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