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China News 01/2013 (Page 2)



METALS-Copper down on Fed minutes, US data limits falls
Fri Jan 4, 2013 12:13pm EST. * U.S. Fed minutes indicate hawkish tone * Dollar pares gains after U.S. non farm payrolls show easing pace * Physical buyers still absent from metals market - analyst By Susan Thomas and Harpreet Bhal LONDON, Jan 4 ...

Chinese tourists pose in front of Buckingham Palace in London. (Matthew Lloyd ...
Chinese tourists pose in front of Buckingham Palace in London. (Matthew Lloyd ...

China to Release Cotton Reserves; Futures Decline
NEW YORK—China has decided to release cotton in its state reserves, a move that has the potential to shake up the global market for the fiber. The country's National Development and Reform Commission said it planned to release the stocks to meet ...

Baidu Leads Web Stocks Lower on Outlook: China Overnight
Chinese equities fell a second day in New York, led by Internet companies, as slowing service-sector growth tempered optimism over the economy and on prospects demand for riskier assets will wane. The Bloomberg China-US Equity Index of the ...

Chinese journalists mount rare protest over an alleged act of government ...
Chinese journalists mount rare protest over an alleged act of government ...

Chinese Journalists Protest Official Censorship
BEIJING—A group of prominent journalists is demanding the resignation of a senior propaganda official in southern China who they say unjustifiably censored an editorial. Dai Zhiyong, a commentator for Southern Weekly, wrote a New Year's editorial that ...

China to Boost Urban Transport as City Congestion Worsens
China pledged to relieve pressure on the nation's congested roads by supporting the development of environmentally friendly urban transport systems and encouraging measures that may include a ban on parking in some areas. The government will provide ...

Work restarts on China's biggest nuclear power plant: Xinhua
SHANGHAI | Sat Jan 5, 2013 7:22am EST. SHANGHAI (Reuters) - Work on China's largest planned nuclear facility has restarted, state media said on Saturday, a sign that the thaw in the country's nuclear industry is gaining pace after it was frozen in ...

Chinese government admits oversight of illegal orphanage where fire killed 7
BEIJING — A local Chinese government on Saturday admitted it had tolerated the existence of an illegally run orphanage where six children and one young adult died in a house fire. The Lankao county government in central China's Henan province said ...

Winterland: Strange Days At Harbin, China's Famous Ice And Snow Festival ...
Winterland: Strange Days At Harbin, China's Famous Ice And Snow Festival ...

China Starts $481 Million Nuclear Power Project, Xinhua Says
China started construction of a 3 billion yuan ($481 million) nuclear power reactor last month, the Xinhua News Agency reported today, citing the Chinese energy company in charge of the project. The reactor, which is being built at Shidao Bay in the ...

China wants more US-made products, government says (photo gallery)
Enlarge Janet H. Cho, The Plain Dealer Kentucky Fried Chicken, which opened its first Beijing restaurant in 1987, remains one of the most successful American companies to expand into China. KFC opened its 1,000th restaurant in China in 2004, found ...

China Academics Urge Propaganda Official to Quit
BEIJING—An open letter signed by prominent academics added to pressure on a top propaganda official in southern China to resign over allegations that he unjustifiably censored a major newspaper's editorial, in an early test of Chinese leader Xi ...

No End to Coldest China Winter in 28 Years, Forecaster Says
Southern China will be hit by a new cold front this week, extending the country's chilliest winter in 28 years, the country's weather agency said. Temperatures in Southern provinces including Guangdong will dip to as low as minus 5 degrees Celsius (23 ...

Leak Highlights China's Water Pollution Problem
SHANGHAI—The seepage of chemicals into a river connecting two north China provinces is the latest accident to highlight the country's serious water-pollution problem, and to raise doubts about whether authorities acted quickly to raise the alarm. More ...

A Closer Look at RUFF and China MMA
In August 2011, RUFF (Ranik Ultimate Fighting Federation) promoted its debut event RUFF: Genesis, ushering in a new era of MMA in China. While the promotion's initial roster included a handful of Chinese MMA veterans, RUFF built its foundation on a ...

Google Quietly Gives Up Its Fight To Combat Censorship In China (GOOG)
Google has quietly removed a feature that warned Chinese citizens when they were searching for terms banned by the Chinese government, reports Chinese censorship watchdog site, Greatfire.org. For instance, when people tried to search for the term ...

Solars Drive Steepest Jump in 3 Months: China Overnight
Chinese stocks climbed a fifth week in New York, rallying the most since September, as manufacturing data added to signs the economy is recovering and as the U.S. budget deal boosted China's second-largest trading partner. The Bloomberg China-US ...

China's Huawei Forecasts Profit Will Rise 30%
BEIJING—Huawei Technologies Co. expects to report robust profit growth for last year despite tough conditions in the telecommunications-equipment industry. But the closely held Chinese company said it still needs to address transparency issues amid ...

China Stock Rally May End Without Reform, Shanghai Alliance Says
The biggest monthly gain for Chinese stocks (SHCOMP) in two years is poised to falter should the nation's new leaders fail to push ahead with reform of state-owned companies, according to the Shanghai government's investment arm. The new generation of ...

China's Investments Prompt Call for New Rules
Chinese companies are expected to invest more overseas in 2013. As the WSJ's Bob Davis tells us, the trend is set to continue but not without resistance from countries who view Chinese investment as a threat. The political furor that accompanies many ...

Delivery of Boeing Dreamliners to China held up
China said it has yet to approve U.S. planemaker Boeing's 787 Dreamliner, which has put on hold the delivery of the jet to the world's fastest growing aviation market. China Southern Airlines Co Ltd , which has outstanding orders for 10 Dreamliner ...

Supporters Back Strike at Newspaper in China
BEIJING — Hundreds of people gathered outside the headquarters of a newspaper office in southern China on Monday to show their support for journalists who had declared a strike to protest what they called overbearing censorship by provincial ...

Toothed Bird Fossil Found In China Suggests Robin-Sized Creature Had ...
Toothed Bird Fossil Found In China Suggests Robin-Sized Creature Had ...

Japan's Auto Makers Expect a Recovery in China
BEIJING—Japanese auto makers are regaining confidence in the Chinese market, setting ambitious targets for growth this year after last year's sales were disrupted by cross-border tensions. Tokyo in August said it planned to nationalize disputed ...

Can Asia step up to remake the world order?
The rise of Asia is the single most important historical development of our era. Yet, for all its now well-established might, few voices from the region have stepped forward to address what role Asia, and above all China, must play in shaping ...

Brad Pitt joins Chinese Twitter, implies he'll visit China despite ban
Once again, Brad Pitt is releasing cryptic messages — only this time, his words about an inevitable journey are inspiring excited speculation instead of raised eyebrows. The international man of mystery recently joined Sina Weibo, a popular Chinese ...

China Says It Will Overhaul Re-education System
BEIJING — China will start reforming its draconian system of re-education through labor in the coming year, according to the state media, signaling the incoming leadership's determination to alter one of the government's more widely despised cudgels ...

Volvo Car's 2012 Sales Drop 6%
STOCKHOLM—Swedish car maker Volvo Car Corp. on Monday reported a 6% drop in 2012 vehicle sales and warned that sales and profit margins this year would be pressured by intense competition in the auto industry. Volvo Car has struggled to gain ...

China promises change to labor camp system
BEIJING – China's top law enforcement official said Monday that the Communist government is preparing to soften its much-criticized system of labor camps, a decades-old form of punishment in which people can be imprisoned for up to four years without ...


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