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China News 01/2013 (Page 6)



METALS-Copper rises after upbeat US data, China demand eyed
Thu Jan 17, 2013 10:23am EST. * Upbeat U.S. jobless claims, housing starts boost markets * Japan's Pan Pacific, miners agree on 10 pct rise in TC/RCs for 2013 * China Q4 GDP, December industrial output, retail sales due Friday By Susan Thomas and ...

Default Alarm Rings in China as Trust Loans Jump Sevenfold
A seven-fold jump in last month's lending by China's trust companies is setting off alarm bells for regulators to guard against the risk of default. So-called trust loans rose 679 percent to 264 billion yuan ($42 billion) from a year earlier, central ...

Man reportedly outsources his own job to China, watches cat videos
It's a worst-case scenario for most employees: There's someone in China who can do your job quickly, efficiently and for about one-fifth of your salary, and your boss absolutely loves his work. But one U.S. software developer turned this nightmare on ...

Global Corn-Output Forecast Raised on Argentina, China
Global corn production may be 1.8 percent more than forecast a month ago as the outlook improved from Argentina to China, the International Grains Council said. World output may total 845 million metric tons in the 2012-13 season, up from an estimate ...

Chinese, US data push shares to 20-month high
By Marc Jones. LONDON | Fri Jan 18, 2013 6:02am EST. LONDON (Reuters) - World shares hit a 20-month high on Friday as encouraging data from the United States and China boosted prospects for the global economy, while the yen hit new lows ahead of ...

U.K. Stocks Climb as China's Economy Expands; Rio Gains
U.K. stocks climbed, extending the FTSE 100 Index's highest level since May 2008, as China's economy accelerated for the first time in two years. Rio Tinto Group climbed 1.8 percent following the departure of its chief executive officer yesterday ...

Charting China's Economy
China's economy has bounced back. A return to accelerating growth in the fourth quarter breaks seven straight quarters of declining growth and draws a line under concerns that the world's second largest economy is heading for a hard landing. To ...

Can clean tech ever clean up?
A tourist wearing a mask looks at the Forbidden City as pollution hangs in the air on Jan. 16, 2013 in Beijing, China. (Feng Li - GETTY IMAGES) Beijing now looks quite a bit like a giant ashtray when seen from outer space. Residents of Beijing, for the ...

PRECIOUS-Gold holds steady, supported by rally in stocks
Fri Jan 18, 2013 11:42am EST. * Gold firms as world stocks hit 20-mth high, physical buying rises. * Spot gold still finds technical resistance at $1,696 and $1,700. * Platinum, palladium consolidate gains on profit-taking (Adds quotes; changes prices ...

FOREX-Yen drops vs dlr to near 31-month low on BoJ bond-buying bets
Fri Jan 18, 2013 12:06pm EST. * Markets positions for aggressive Bank of Japan action * Yen to move higher if Bank of Japan seeks unlimited bond buying * U.S. consumer sentiment in January hits lowest in over a year * China data softer than expected By ...

Capturing the world through photography, video and multimedia
Jilin, China — Retired teacher Gao Yinyu, 77, exercises in his underwear at a snow-covered bathing spot in northeastern China's Jilin province in sub-freezing temperatures. Gao has been exercising in only his underwear every morning for more than 10 ...

METALS-Copper gains on upbeat China economic data
Fri Jan 18, 2013 12:20pm EST. * China GDP grows 7.9 percent in Q4 * Worries over U.S. debt ceiling persist * U.S. consumer sentiment hits year low in January By Maytaal Angel LONDON, Jan 18 (Reuters) - Copper rose on Friday and was on track to close ...

U.S. Wine Auctions Match Hong Kong as China Demand Falls
The U.S. matched Hong Kong in wine auction sales by the five largest houses in the final three months of last year after outstripping it in the second quarter, in a sign of weakened Chinese demand for top Bordeaux in 2012. Sales in the U.S., excluding ...

UPDATE 5-Caterpillar writes off most of China deal after fraud
Sat Jan 19, 2013 5:02am EST. * To take $580 mln impairment charge. * Closed acquisition last June. * Source says board was 'distracted'. * Caterpillar shares fall 1.5 pct after hours. By Ernest Scheyder. Jan 19 (Reuters) - Caterpillar Inc uncovered ...

China Wants More Nuclear Plants Than Anyone Else
EARLIER this month work began at a big construction site in Shandong province, south-east of Beijing. In a country overflowing with infrastructure projects, that seems unremarkable. Except the workers are restarting construction of a nuclear plant ...

Panda Boot Camp Teaches Cubs Survival Skills
Panda cubs have the cuteness thing down pat, but rough-and-tumble? Not so much. Now scientists are hoping to teach the roly-poly bears survival skills they'll need for living in the wild. The new mission is partly the result of a panda cub being ...

Weekly: China Mengniu Dairy unchanged on firm volume [News Bites - Asian ...
Weekly: China Mengniu Dairy unchanged on firm volume [News Bites - Asian ...

China's me-first foreign policy
China's more assertive foreign policy over the last two years has played a key role in getting two arch-conservatives — Japan's Shinzo Abe and South Korea's Park Geun-hye — elected to lead their respective countries. Some Chinese observers believe ...

Taiwan, China Complete Direct Undersea Data Cable
TAIPEI — Telecommunications operators in mainland China and Taiwan finished a landmark undersea fiber optic data transmission cable Friday. The 270-kilometer line from Taipei to Fuzhou in China caps more than four years of first-ever transit and ...

Automobile Manufacturing in China Industry Research Report – Now Available ...
Automobile Manufacturing in China Industry Research Report – Now Available ...

Apple to Offer iPhone Buyers in China Direct Financing: Report
Apple is planning to offer financing to iPhone buyers in China who shop through its online store, according to an unconfirmed report out of Asia. Capping a week during which Apple was reported to have cut iPhone 5 component orders in half, is a report ...

Lipingzi Nature Reserve Puts Panda Cub Through 'Boot Camp' To Prepare Him ...
Lipingzi Nature Reserve Puts Panda Cub Through 'Boot Camp' To Prepare Him ...

Archive story: Lincoln East grad missing in China
After the Lincoln East graduate disappeared in China in 2004, his family scoured the countryside looking for him. “There's an element that mig… Read more. Learn more. To learn more about the disappearance of David Sneddon, visit the Facebook page ...

Best of New York: General Tso's Chicken
BROOKLYN WOK SHOP 182 North 10th St., Williamsburg; (347) 889-7992, BrooklynWokShop.com. Good food is a labor of love and the married owners of the Brooklyn Wok Shop, Edrik and Melissa Har, built their restaurant on love. Their General Tso's ...

China's 'Lamborghini' Coefficient: Who's Getting Richer and Who Poorer?
Outside a luxury store in Beijing. According to new figures, there is more income How Hwee Young/European Pressphoto Agency Outside a luxury store in Beijing. According to new figures, there is more income equality in China today than in 2003. BEIJING ...

Beijing Seeks Public Comment on Draft Rules to Control Pollution
The Beijing city government is inviting residents to comment on draft regulations aimed at controlling and preventing pollution after smog engulfed the capital this month. The public will be able to give feedback until Feb. 8, the last working day ...

China's set to rule the skies of air travel
Industry analysts expect China to eclipse the U.S. in little more than two decades. beijing airport ticket counter 2012. Chinese passengers use self check-in machines Sept. 26 at Beijing Capital International Airport. (Photo: Andy Wong, AP) ...

China's Most Immediate Economic Problem
Like any nation, China has a host of problems, both societal and economic. It's getting older. It has yet to develop large portions of the west. Corruption is rampant. It has not serious entrepreneurial business culture that can drive the country's ...

Beijing Criticizes US Stance on Islands
The Chinese government responded sharply to comments by U.S. Secretary of State Hillary Clinton over islands at the center of a dispute between China and Japan, amid growing concern in Washington about the risk of conflict. After meeting Japan's new ...

Obama's second term foe - China: Column
Our relationship with the Asian giant is diplomacy at the expense of our middle class. obama dailmer. President Barack Obama, left, greets assembler Austin Ivey, right, in the turbo installation area at Detroit Diesel in Redford, Mich. last month ...


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