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China News 12/2012 (Page 3)



Sexy concept could rise from Saab's ashes in China
Dutch sports car manufacturer Spyker, the former parent of bankrupt automaker Saab, has signed a definitive agreement with Chinese automaker Youngman to form new joint ventures that will be responsible for the development of a new SUV as well as a ...

METALS-Copper gains after US jobs data
Fri Dec 7, 2012 12:17pm EST. * U.S. payrolls rise by 146,000 in November * Dollar gains against euro on German growth downgrade * China industrial production figures due at weekend By Silvia Antonioli and Maytaal Angel LONDON, Dec 7 (Reuters) ...

'Tombstone: The Great Chinese Famine, 1958-1962,' by Yang Jisheng
In the summer of 1962, China's president, Liu Shaoqi, warned Mao Zedong that “history will record the role you and I played in the starvation of so many people, and the cannibalism will also be memorialized!” Liu had visited Hunan, his home province as ...

Solars Drive Rally as Focus Media Slips: China Overnight
Chinese equities in New York rose, pushing the benchmark index to a one-month high, as solar stocks jumped and improving U.S. employment data bolstered the outlook for China's second-biggest export market. The Bloomberg China-US Equity Index ...

Tax Experts: China May Crack Down on Capital Gains
Private equity firms investing in Chinese companies could find their returns impaired by more aggressive enforcement of a tax ruling focused on capital gains, according to two tax experts. Circular 698 came into effect in 2008, requiring general ...

Chinese group in talks to buy AIG air lease arm
By Michael Flaherty and Denny Thomas. HONG KONG | Fri Dec 7, 2012 12:26pm EST. HONG KONG (Reuters) - A group of Chinese companies, including Industrial and Commercial Bank of China (ICBC), is in talks to buy nearly all of American International ...

China's 'Mountain-Moving Project' Near Lanzhou Aims To Flatten Territory For ...
China's 'Mountain-Moving Project' Near Lanzhou Aims To Flatten Territory For ...

China's Xi leads campaign to cut pomp
BEIJING — New communist leader Xi Jinping is on a mission to soften the image of Chinese officialdom, winning kudos for his breezy personal style and ordering leaders to take a knife to the pomp, formality and waste that have alienated many among the ...

Marrakech '12: Zhang Yimou Talks Working With Christian Bale, The Growing ...
Marrakech '12: Zhang Yimou Talks Working With Christian Bale, The Growing ...

Canada OKs China buying oil and gas firm Nexen
Log out of Facebook. Search. Close. Canada OKs China buying oil and gas firm Nexen. Share. Comments. cnooc headquarters. A man walks past headquarters of state-owned China National Offshore Oil Corp. (CNOOC) in Beijing. (Photo: Andy Wong, AP) ...

Chinese Nobel Writer Takes on Critics in Lecture
Chinese Nobel laureate Mo Yan lashed out at his critics during his Nobel lecture to the Royal Swedish Academy, just days before he receives the prestigious international award. Criticisms of the author and what some argue is his support of China's ...

WCIT-12 leak shows Russia, China, others seek to define 'government ...
WCIT-12 leak shows Russia, China, others seek to define 'government ...

Mercury News interview: Rick Turley, Coldwell Banker's president for the San ...
Mercury News interview: Rick Turley, Coldwell Banker's president for the San ...

China's 'Open For Business' Tour
The new Communist Party chief has called for the country to open up. Duncan Hewitt on his tour of China's special economic zones symbolizing his commitment to reform. Like · Tweet. The destination of Xi Jinping's first visit outside Beijing since ...

China's Wanxiang wins auction for US government-backed A123
WILMINGTON, Delaware (Reuters) - China's largest maker of auto parts won a politically sensitive auction for A123 Systems Inc , a bankrupt maker of batteries for electric cars that was funded partly with U.S. government money, A123's investment banker ...

China Survey Shows Wealth Gap Soaring as Xi Pledges Help
China's wealth gap is now 50 percent higher than a risk level for social unrest, according to a central bank-backed survey, underscoring new Communist Party chief Xi Jinping's warning that corruption may endanger its rule. The Gini coefficient, an ...

China's money changes the landscape in Australia
GUNNEDAH, Australia — Tony Clift's family has plowed the rich black soil of Australia's Liverpool Plains for six generations. The thought of selling never crossed his mind – until a Chinese company came to town. Shenhua Watermark Coal offered to buy ...

China's indie filmmakers and the way of the dragon seal
BEIJING — Yang Jin shot his first film, "The Black and White Milk Cow," in his hometown in 2004 for $1,600. He asked villagers to be his actors, paying them only in cigarettes, and his main expense was $320 spent renting the titular cow. The tale of ...

China Rebound Accelerates as Xi Confronts 8.1% Unemployment Rate
China's factory output and retail sales topped forecasts last month in signs that an economic recovery is accelerating, improvements that may pare a jobless rate newly estimated at almost double the official figure. Industrial production climbed 10.1 ...

Sea Bass With Barbie Dolls Challenge Wal-Mart in China
Shelves stacked to the ceiling with low-price hot sauce, Barbie dolls, and noodles stand near tanks where shoppers can fish out live sea bass for dinner. Welcome to RT-Mart, China's version of Wal-Mart Stores Inc. (WMT). From Shanghai to Chengdu, the ...

SouFun Tops Jump to 1-Month High on US: China Overnight
Chinese equities rose last week in New York, pushing the benchmark index to a one-month high, as improving U.S. economic data bolsters the outlook for China's second-biggest export market. The Bloomberg China-US Equity Index of the most-traded ...

Building a British Firm on Chinese Soil
For Graham Cartledge, the past four decades have been a dizzying ride. In that time, he has gone from building cowsheds in rural Nottinghamshire to constructing some of China's most recognizable cosmopolitan buildings, including the Shanghai ICC and ...

Inflation rises in China
Inflation rises in China. By Charles Riley and Annalyn Kurtz @CNNMoney December 9, 2012: 12:16 PM ET. Rising food prices led a broad measure of consumer prices higher in China in November. NEW YORK (CNNMoney). Inflation in China accelerated in ...

China's New Leader Signals Economic Reforms
BEIJING—China's new leader, Xi Jinping, appeared to signal a commitment to further liberalizing the economy, and establishing a more accessible public image, when he made his first official visit as Communist Party chief to Shenzhen, the southern city ...

Emerging Stocks Rise to Seven-Month High on China Economic Data
Emerging-market stocks advanced for a fourth day, sending the benchmark index to a seven-month high, after better-than-estimated Chinese industrial production and retail sales added to signs the global economy is strengthening. Cnooc Ltd. (883), a ...

China Mobile Starts Hong Kong Mobile TV Service to Boost Sales
China Mobile Ltd. (941), the world's largest phone company by users, started a mobile television service today in Hong Kong to generate more revenue from smartphone users. The service has both free and paid channels that can run on tablets and ...

U.S. Stock Futures Decline on Concern Over Italy
Play. Obama, Boehner Meet Over Weekend, Talk Fiscal Cliff. U.S. stocks rose, after the longest weekly rally in the Standard & Poor's 500 Index since August, as economic data in China beat estimates and investors watched the latest developments in ...

Charting China's Family Value
A new survey by Gan Li, a professor at Southwestern University of Finance and Economics and Texas A&M University, turns the received wisdom about China's economy on its head. The survey of 8000 households around the country conducted in August ...

China's Exports Disappoint, but Won't Derail Recovery
China's trade numbers for November came in far below expectations, taking some shine off the encouraging data released over the weekend, however, economists are confident the slump in export growth will not derail the recovery in the world's second ...

UPDATE 7-Oil climbs towards $108 on strong Chinese demand
Mon Dec 10, 2012 9:49am EST. * China oil demand growth fastest in two years. * Chinese refinery runs surge 9.1 pct on year to record. * U.S. unemployment slips to near four-year low. * Coming Up: U.S. Employment Trends Data at 1500 GMT (Updates ...


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