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China News 10/2012 (Page 6)



Noda Calls for China Talks as Island Dispute Threatens Growth
Japanese Prime Minister Yoshihiko Noda called for talks to contain economic damage from a diplomatic dispute with China as Japan's largest trading partner downgraded its delegation to an annual gathering in Tokyo. “These are the second and third ...

China responds to Huawei, ZTE accusations #thecircuit
Huawei: China responded angrily to a report from the House Intelligence committee that raised national security worries about two of the country's largest telecom firms, The Washington Post reported. Chinese authorities called the charges “groundless ...

Ignoring death threats, Federer wins in Shanghai
Roger Federer of Switzerland takes a break during his match against Yen-Hsun Lu of Taiwan in the second round of the Shanghai Masters tennis tournament in Shanghai. (Photo: Peter Parks, Getty Images) ...

Smashed Skull Serves as Grim Symbol of Seething Patriotism
XI'AN, China — In the heart of one of China's famed dynastic capitals, now a modern metropolis of eight million, Li Jianli lay partially paralyzed on a hospital bed with his skull smashed in and his speaking ability reduced to a few simple phrases ...

US Will Place Tariffs on Chinese Solar Panels
The penalties are somewhat lower than those announced by the department earlier this year, when the government determined that Chinese companies were benefiting from unfair government subsidies and were selling their products in the United States ...

China funds, brokerages embrace commodity futures as rules relax
Two Chinese fund houses launch commods-focused funds. * 16 brokerages apply to set up asset management license. * Domestic funds pave way for opening up to foreign capital. * Market likely to see large inflow of capital. By Samuel Shen and Fayen ...

Chinese Telecom Firm Finds Warmer Welcome in Europe
PARIS — A month ago, as a United States Congressional committee prepared to warn American telecommunications networks against doing business with two Chinese suppliers, the founder of one of those companies, Huawei, posed for photos with Prime ...

China building more accurate navigation system
China's Ministry of Science and Technology says a new and more highly accurate navigation system is in the works, with the aim of developing an urban positioning system that will eventually be launched across the country. In a report by China Daily ...

Amnesty: Forced evictions rise significantly as local Chinese authorities use ...
Amnesty: Forced evictions rise significantly as local Chinese authorities use ...

PRECIOUS-Gold rebounds from 4-day loss; euro zone gloom weighs
Comes off two-week low hit on Wednesday * Long-term interest in gold remains intact * Firm dollar amid euro zone concerns to weigh on bullion * Spot gold may fall to $1,750/oz - technicals * Coming Up: U.S. weekly jobless claims; 1230 GMT (Adds details ...

Dynasty REIT Seeking Up to $851 Million in Singapore IPO
Dynasty Real Estate Investment Trust, an investor in Chinese property backed by billionaire Li Ka-shing, is seeking as much as 5.4 billion yuan ($851 million) in Singapore's first dual-currency initial public offering. Dynasty REIT, which is managed by ...

China's Mo Yan wins Nobel Prize in literature
Mo Yan, the Chinese writer best known for his 1987 novel "Red Sorghum," has won the 2012 Nobel Prize in literature. In presenting the award, the Nobel committee cited Mo's "hallucinatory realism," which blends aspects of "folk tales, history and the ...

Forced Evictions On the Rise in China
BEIJING — Land seizures in China are becoming the greatest source of public dissent spurring social unrest in many parts of the country, according to rights watchdog Amnesty International. Amnesty International says acceleration in forced evictions ...

China's 'Leftover' Women
BEIJING — The headlines scream like sensational tabloids: “Overcoming the Big Four Emotional Blocks: Leftover Women Can Break out of Being Single.” “Eight Simple Moves to Escape the Leftover Women Trap.” And my personal favorite: “Do Leftover ...

World Bank's Indrawati urges end to China-Japan row
TOKYO (Reuters) - The global stakes are too high for the territorial row between China and Japan to be allowed to escalate, World Bank Managing Director Sri Mulyani Indrawati said on Thursday, calling on their leaders to resolve the dispute. Relations ...

Bald Chinese Women Protest Gender Discrimination
ABC News' Xiao Kaijing and Gloria Riviera report: Beijing – Seven young women here have defied authorities to ignite a grassroots confrontation with the Chinese Ministry of Education on gender discrimination. Four of them shaved their heads Aug. 30 in ...

Officials say Chinese spies have targeted every sector of the US economy
By Anna Schecter Rock Center. The Chinese are playing dirty in the international spy game, according to current and former intelligence officials at the highest levels of government. “This is stealing American wealth. It's stealing American jobs. It's ...

Canada extends review of proposed Chinese takeover of Nexen by 30 days
TORONTO — The Canadian government announced Thursday it is extending its review period for the proposed $15.1 billion takeover of Nexen Inc. by Chinese state-owned CNOOC as it needed more time conduct a “thorough” review of the deal — China's ...

China's Banks Said to Resist Cutting Lending Rates
China's biggest banks are resisting government pressure to lower borrowing costs amid an economic slowdown as they seek to maintain the profitability of their lending operations, officials at the top four lenders said. The banks are limiting discounts ...

UPDATE 2-USDA raises cotton stock estimate again; prices fall
Third consecutive monthly increase in inventory forecast. * Most of drop in Chinese demand offset elsewhere - USDA. * U.S. output estimate raised on Mississippi Delta crops (Updates throughout). Oct 11 (Reuters) - The U.S. Department of Agriculture has ...

Forced evictions on the rise in China, Amnesty International says
A migrant worker at a construction site in Beijing takes a lunch break. China's breakneck pace of development and urban renewal has pushed millions of poor and working-class Chinese from their homes. (Associated Press / June 14, 2011) ...

Will China's auto boycott backfire?
HONG KONG (CNNMoney) -- Chinese car buyers boycotting Japanese brands due to a dispute over a group of oil-rich islands could end up hurting local engineering firms and dealerships as much as the big automakers in Japan. Sales of Japanese cars in ...

China Banks to Stay Disciplined on Loan Pricing, Daiwa's Wu Says
Chinese banks will undertake more “disciplined” loan pricing as smaller lenders' capital constraints keep them from offering deeper discounts on credit, Daiwa Capital Markets said. The People's Bank of China in July began to allow lending at 30 percent ...

Japan and China Agree to Hold Talks on Rift After Noda Call
Japan and China agreed to talks aimed at reducing tensions over a territorial dispute a day after Japanese Prime Minister Yoshihiko Noda warned that without negotiations Asia's two biggest economies would suffer. Officials from both countries agreed to ...

Top Fund Favors Corporates as Slowdown End Seen: China Credit
China's top-performing bond fund manager predicts corporate debt will outperform government notes as economists have overestimated the need for monetary easing to revive the economy. Wanjia Asset Management Co., which oversees 29.7 billion yuan ...

UN chief finds his voice, but remains cautious on China
UNITED NATIONS (Reuters) - Over the past six years U.N. Secretary-General Ban Ki-moon has undergone a metamorphosis from a soft-spoken diplomat cautiously juggling conflicting demands from big powers into an outspoken defender of human rights in ...

Aluminum Poised for Worst Week Since November as Metals Decline
Aluminum fell, heading for the worst weekly loss in almost 11 months on concern that slowing economic growth from China to Europe will weaken demand for industrial metals. Copper, nickel and lead dropped. Aluminum for delivery in three months slid as ...

China Nobel winner Mo likely to steer clear of politics: translator
SHANGHAI (Reuters) - China's newest Nobel laureate, novelist Mo Yan, could use his new-found stature to make a subtle difference in the arena of freedom of speech in China, but he is more likely to keep his head down and avoid politics, his translator ...

Bank of China executive warns of shadow banking risks
BEIJING Oct 12 (Reuters) - A senior Chinese banking executive has warned against the proliferation of off-book wealth management products, comparing some to a Ponzi scheme in a rare official acknowledgement of the risks they pose to the Chinese ...

Yuan Loans Trail Estimates as Wen Struggles for Rebound
China's new lending was below analysts' estimates last month as the government struggles to reverse a slowdown in the world's second-biggest economy. Banks extended 623.2 billion yuan ($99.5 billion) of local- currency loans, the People's Bank of China ...


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