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China News 12/2012



Philippines denounces China's plans to board ships
MANILA, Philippines — The Philippines on Saturday denounced Chinese plans to search ships sailing through what Beijing says is its territory in the South China Sea in the latest irritant between the countries. The Department of Foreign Affairs said in ...

Expired milk and a piece of bread: School lunch scandal sparks outrage in China
By Ed Flanagan, NBC News. BEIJING -- Five local Chinese education officials were sacked this week amid rampant speculation that they were stealing from a national lunch program, prompting a nationwide online debate over how this nation of 1.3 billion ...

China's Internet Challenge
Chinese Internet companies seem to have all the promise of growth technology companies, without the government intervention Chinese companies often face. But there are other challenges, and investors should be cautious. Article; Comments. Email; Print ...

China faces HIV/AIDS epidemic
Hong Kong (CNN) -- With a long red AIDS ribbon pinned to his chest, Chinese Vice Premier Li Keqiang warned of the grave situation of HIV/AIDS in China, calling it "not only a medical issue but also a social challenge." On the week of World AIDS Day ...

French firms must fight China for stake in Africa - Moscovici
Sat Dec 1, 2012 9:57am EST. * France's African influence challenged by China push. * African boom could stimulate slumping French economy. By Joe Bavier. ABIDJAN, Dec 1 (Reuters) - French companies must go on the offensive and fight the growing ...

Protestant Bishop KH Ting, leader credited with rebuilding Christian church in ...
Protestant Bishop KH Ting, leader credited with rebuilding Christian church in ...

China's manufacturing grows in November
BEIJING — China's manufacturing grew in November in the latest sign the world's second-largest economy is recovering from its deepest slump since the 2008 global crisis, a survey showed Saturday. The state-sanctioned China Federation of Logistics ...

Alarm as China Issues Rules for Disputed Area
HAIKOU, China — New rules announced by a Chinese province last week to allow interceptions of ships in the South China Sea are raising concerns in the region, and in Washington, that simmering disputes with Southeast Asian countries over the waters ...

Another 'Nail House' in China Gets Hammered
HONG KONG — A renowned “nail house” in eastern China was finally hammered to the ground on Saturday, as the authorities demolished the house that was sitting smack dab in the middle of a new roadway. The duck farmers who owned the five-story ...

KFC Owner Hits Snag in China
BEIJING—After years of meteoric growth in China, the U.S. company that owns Pizza Hut and KFC is starting to stumble in its single biggest market as intense competition and fast-food fatigue cause Chinese consumers to lose their appetite for fried ...

Ally China expresses concern over North Korea's long-range rocket launch plans
BEIJING — China expressed concern Sunday over its ally North Korea's plans to launch a long-range rocket in mid-December. All sides should work for stability and avoid acts that raise tensions, the Foreign Ministry said in a brief statement. It ...

China jails 10 for illegally detaining petitioners
BEIJING – A Beijing court has sentenced a group of men for illegally detaining people seeking to have their complaints heard by the central government, state media reported Sunday, in an apparent blow against attempts by local governments to cover up ...

AP IMPACT: China overtaking US as global trader
SEOUL, South Korea — Shin Cheol-soo no longer sees his future in the United States. The South Korean businessman supplied components to American automakers for a decade. But this year, he uprooted his family from Detroit and moved home to focus on ...

China PMI at Seven-Month High
BEIJING—A key gauge of manufacturing activity in China rose in November, the latest sign that growth is recovering in the world's second-largest economy. China's official manufacturing Purchasing Managers Index, which is jointly issued by the China ...

Singapore Deports Chinese Drivers Over Strike
SINGAPORE—Singapore authorities will deport 29 Chinese bus drivers and press criminal charges against five others for participating in a rare protest over wages, the city-state's first strike in 26 years. The walkout last week by 171 public bus ...

Stifel Lured by Cheap Stocks on Economy: China Overnight
Chinese stocks in the U.S. are trading at the smallest premium to emerging-market equities in two months after slumping in November, a signal to Stifel Nicolaus & Co. that they will rebound as the economy recovers. The Bloomberg China-US Equity Index ...

Chinese legal activist Chen Guangcheng appeals to new Communist Party ...
Chinese legal activist Chen Guangcheng appeals to new Communist Party ...

Stuck in the Zoo: The Geely-Volvo Deal, Three Years Later
What happens when an ambitious Chinese carmaker – with the help of a American investment bank – buys an iconic European brand name? In case of the Geely's purchase of Volvo, the bank gets a lot richer, the Chinese carmaker gets a little better and the ...

Rise in factory activity lifts world shares
By Richard Hubbard. LONDON | Mon Dec 3, 2012 8:34am EST. LONDON (Reuters) - The euro hit a six-week high and shares rose on Monday as signs of growth in China and a slower contraction in Europe lifted demand but concern over the U.S. budget ...

A Chinese comedian's scathing critique of corrupt officials
Zhou Libo, left, does a TV appearance with movie star Jackie Chan. (Zhong Fubao/imaginechina Via Associated Press). Chinese comedian Zhou Libo, best known as one of the judges on the ultra-popular TV show China's Got Talent, had some harsh words ...

Vale Cuts Investment to $16.3 Billion as Iron Falls on China
Vale SA (VALE), the world's largest iron-ore producer, plans to invest the least in three years in 2013 as lower prices and slowing demand erode profit. Vale will invest $16.3 billion next year, down from a revised $17.5 billion this year, the Rio de ...

Chinese factories grow again, but US sector shrinks
By Steven C. Johnson and Andy Bruce. NEW YORK/LONDON | Mon Dec 3, 2012 12:25pm EST. NEW YORK/LONDON (Reuters) - Chinese manufacturing output grew last month for the first time in more than a year but a surprise contraction in U.S. factory ...

Vietnam Says Chinese Vessels Cut Cables
BEIJING—Two Chinese fishing vessels have cut cables of a Vietnamese vessel doing seismic oil exploration work in the South China Sea, the state-run Vietnam Oil and Gas Group said Monday amid mounting regional concern about new Chinese ...

Kim's Christmas Greetings
This holiday season, Kim Jong Eun wants to remind everyone that he's armed and dangerous. That's one message of North Korea's long-range missile test scheduled for the middle of this month. But he also seems to be doing a creditable job of inspiring ...

COMMODITIES-Oil, metals mostly up as focus turns to China growth
Mon Dec 3, 2012 12:03pm EST. * Chinese, US data move attention away from 'fiscal cliff' * Dollar's 6-week low against euro also boosts commodities By Barani Krishnan NEW YORK, Dec 3 (Reuters) - Oil and metals futures mostly rose on Monday as stronger ...

Wall Street turns flat as US factory data offsets China
By Chuck Mikolajczak. NEW YORK | Mon Dec 3, 2012 12:31pm EST. NEW YORK (Reuters) - Stocks barely budged on Monday, with the S&P 500 and Nasdaq trimming early gains as disappointing U.S. factory numbers dented optimism spurred by positive ...

MARKET COMMENT: China Data, Greek Buyback Lift Europe Stocks
LONDON (MarketWatch)--European stock markets started December on an upbeat note on Monday as Greece took steps to reduce its towering debt pile and miners gained ground in the wake of encouraging manufacturing data from China. Markets, however ...

Vietnam condemns China's sea claims as "serious violation"
HANOI/NEW DELHI | Tue Dec 4, 2012 7:39am EST. HANOI/NEW DELHI (Reuters) - Vietnam condemned on Tuesday China's claims to disputed South China Sea islands as a serious violation of its sovereignty after saying it was setting up patrols to protect its ...

In China, Future Civil Servants Say 'Enough'
BEIJING — For Zhu Xixi and some other young Chinese women and a few men, the detailed questions about women's menstrual cycles during government-mandated medical examinations for civil service hopefuls were too much. Last week, about 10 people, ...

Obama & China: Christmas Is Coming! Time for Luke Not Nukes for World Peace
Advent begins and billions of people await the coming of Jesus while China expresses world security concerns due to North Korea's threat to launch another missile in their neighborhood sometime between December 10 and 22. Meanwhile the Jerusalem ...


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