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China News 11/2012 (Page 11)



Powerful Backer for China's New Manhattan
TIANJIN, China — China is full of big bets that the country's breakneck economic growth will continue apace, but few are bigger than the vast Yujiapu financial district here. Multimedia. Interactive Feature · The Politburo's Growing Number of ...

China appoints new top official for scandal-ridden Chongqing
BEIJING | Mon Nov 19, 2012 10:00pm EST. BEIJING (Reuters) - China has confirmed that rising star Sun Zhengcai has been appointed Communist Party boss for the scandal-ridden southwestern city of Chongqing, taking the old job of disgraced Bo Xilai in ...

China May Refrain From Reserve-Ratio Cuts in Rest of 2012
China may refrain from cutting lenders' reserve requirements for the rest of the year after an economic slowdown subsided and the central bank increased its use of a separate tool to adjust funds in the financial system. The People's Bank of China will ...

China Stalls Move to Quell Asia Disputes Over Territory
PHNOM PENH, Cambodia — China, with its ally Cambodia, on Monday once again stalled plans by Southeast Asian nations to develop a system for resolving disputes in the South China Sea, the strategic and energy-rich waterway where China is at odds ...

Landing in China's Second-Tier Cities? Wear Flats
Road Warrior provides travel tips from those who know best: busy executives and other globetrotters. See previous columns. Cathy Hau, executive director of Citic Capital's real estate group, oversees commercial development in China's second-tier cities ...

Mandarin Chinese catching on in Dallas-area schools
Tommy Hendricks, 18, Natasha Houshmand (center), 15, and Kristy Corbeil use kung fu-like moves to write Chinese characters during their Mandarin Chinese class at the Westwood School. 1, of, 3. By WENDY HUNDLEY. WENDY HUNDLEY The Dallas ...

China Foreign Investment Falls as Japan Territorial Spat Harms Trade
Foreign direct investment in China fell for the 11th time in 12 months as labor costs rose, a slowdown threatened to drag growth to a 13-year low and a territorial dispute with Japan weighed on trade. Investment dropped 0.2 percent in October from a ...

Most Chinese Stocks Fall After FDI Drops; Banks, Ping An Decline
Most Chinese stocks fell, led by financial companies, as a decline in foreign direct investment in China overshadowed a jump in U.S. home sales. China Construction Bank Corp. (939) slumped 1.4 percent, dragging a gauge of financial companies to the ...

Half-Built Ghost Towns Show Risk of China's Shadow Banking
Niu Dianqing stopped his motorbike at a construction site in China's Inner Mongolia one morning last month. The front door was locked. “They said they will pay me this month, but it seems I'm fooled again,” said Niu, who supplied nets for protecting ...

Japan-China Relations at a Crossroads
OVER the past decade or more, global security concerns have focused on developments in the Middle East, and the situation there remains worryingly volatile. Recently, however, the security environment in the Asia-Pacific region has also become ...

Why is China censoring a fake photo of its leaders doing 'Gangnam Style'?
A fake image of China's leaders doing Gangnam Style. Left to right: new President Xi Jinping, previous President Hu Jintao, Prime Minister Web Jiabao. (Via 太公云會報). Here's the timeline: On November 8, the first day that Chinese leaders gathered for ...

Child Dumpster Deaths Turn Propaganda Against Party
A tragedy torn from the pages of a Chinese primary school lesson on the horrors of capitalism has rattled the country's online community and drawn a dark line under one of the most challenging issues facing the Chinese Communist Party's new generation ...

Li Ning Looks Local
BEIJING—Li Ning Co., a Chinese brand that once aspired to topple Nike Inc. and is now in the midst of a major overhaul, aims to increase its China market share by as much as 40% in the next two years, its new chief executive said. But the ambitions ...

The big climate question: Will the world build 1200 new coal plants?
Climate scientists have sometimes warned that it could prove impossible to avoid high levels of global warming unless the world stops building new coal-fired plants. But that's not a simple proposition. Across the globe, there are at least 1,199 coal ...

A Slowing China Proves a Less Attractive Investment
Why's the money drying up? That's the question confronting China as it experiences its 11th consecutive month of falling foreign direct investment. Overseas investment into China in October fell 0.2 percent from a year earlier, to $8.31 billion. The 10 ...

Obama Meets Chinese, Japanese Leaders at East Asia Summit
PHNOM PENH — On the final day of his Southeast Asia trip, President Barack Obama met with Chinese Premier Wen Jiabao and Japanese Prime Minister Yoshihiko Noda on the sidelines of the East Asia Summit in Phnom Penh, Cambodia It was the first ...

METALS-Copper slips as euro zone growth concerns resurface
Tue Nov 20, 2012 11:23am EST. * China housing inflation could be bearish for copper -ANZ * Aluminium inventories in LME warehouses rise to record high * U.S. housing starts rise to highest in four years By Andrew Heavens and Susan Thomas LONDON, ...

Exclusive: China's backroom powerbrokers block reform candidates - sources
By Benjamin Kang Lim. BEIJING | Tue Nov 20, 2012 8:19pm EST. BEIJING (Reuters) - Retired leaders in China's Communist Party used a last-minute straw poll to block two pro-reform candidates from joining the policymaking standing committee, including ...

EFE News Briefs for Tuesday, Nov. 20
U.S. asks Asia leaders to reduce tension in China Sea. HASH(0x9713550). U.S. President Barack Obama concluded his official Asia tour by urging leaders in the region to reduce the tension that has arisen due to territorial disputes between China and ...

Asia stocks trade mostly up, but Shanghai falls
HONG KONG (MarketWatch) — Most Asian stocks rose modestly Wednesday in tentative trade ahead of an announcement on Greece from a meeting of euro-zone finance ministers, while Japanese shares resumed a rally on further yen weakness. Japan's ...

PICC Said to Seek Up to $3.6 Billion in Hong Kong Initial Offer
People's Insurance Company (Group) of China, the nation's largest property insurer, plans to seek as much as HK$27.8 billion ($3.6 billion) in an initial public offering in Hong Kong, said two people with knowledge of the matter. The insurer will offer ...

Silver Trade Drops 30% on China Bourse as Industrial Demand Ebbs
Silver trading on the largest spot market in China, the second-largest consumer, tumbled this year as slowing growth cut industrial use, said an industry official. Volume on the Shanghai White Platinum & Silver Exchange dropped about 30 percent from a ...

Japan trade deficit jumps as exports to China fall
TOKYO--Government figures released Wednesday showed Japan posted its worst trade deficit for October in over 30 years as exports to China continued to slump amid territorial tensions between Tokyo and Beijing, stoking concerns that Japan is headed for ...

China Stocks' Triangle Break Signals Losses: Technical Analysis
The Shanghai Composite Index (SHCOMP) will likely fall to 1,700, a 15 percent drop from yesterday's close, after the benchmark index broke through a triangular consolidation trading pattern, according to Chart Partners. The benchmark index's slide ...

Yuan Strengthens a Third Day on Fixing, Foreign-Exchange Surplus
China's yuan strengthened for a third day after the central bank raised the reference rate and as a report signaled a pickup in foreign-exchange inflows. The People's Bank of China raised the fixing by 0.03 percent to 6.2908 per dollar, the strongest ...

Venting Wrath? Twitter User Detained After Posting Joke
The detention of a Beijing Twitter user, apparently over an online joke, is raising concerns among activists that authorities will keep their harsh grip on discussion long after the end of last week's Communist Party leadership shift. Beijing resident ...

Lenovo to become top smartphone player in China by 2013
Summary: Chinese PC maker which is currently No. 2 smartphone vendor in its home market will take advantage of branding, distribution channel and price positioning to become top player, says Gartner. Liau Yun Qing. By Liau Yun Qing | November 21, ...

TEXT-Fitch affirms China International Fund Management Money Market Fund at ...
TEXT-Fitch affirms China International Fund Management Money Market Fund at ...

After Low Pricing, China's YY Gains on Nasdaq
BEIJING—U.S. investors warmed up to the first initial public offering by a Chinese company in the U.S. in eight months, an initial test of demand in a market where the once-regular flow of Chinese firms has given way to a wave of departures. Shares of ...

China Positioned to Avoid US Sanctions
China's imports of Iranian crude oil are down by about one-fifth so far this year, a drop that puts the country in good position to avoid U.S. sanctions and head off a diplomatic row with Washington. China has repeatedly defended its crude purchases ...


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