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China News 01/2013 (Page 7)



PHILIPPINES: China Wants It All And Will Fight For It
January 20, 2013: The government has told oil companies to hold off on drilling for natural gas off Reed bank. This is within Filipino territory, but China threatens to use force to prevent drilling. Two years ago China interfered with Philippines ...

Buying Back a Forgotten Chinese Heritage
Buying Back a Forgotten Chinese Heritage. By NAZANIN LANKARANI. Published: January 21, 2013. PARIS — For watch collectors and investors seeking an alternative to modern watches, antique pocket watches are now a hot market. Enlarge This Image ...

A Confusing Debut for Daughter of Mysterious Huawei Founder
In a somewhat momentous move Monday, China telecom giant Huawei Technologies Co. presented Cathy Meng, its chief financial officer and daughter of founder Ren Zhengfei, for her first on-the-record meeting with the Western media. Less impressively ...

UPDATE 2-China Vanke shares soar on B-share migration to Hong Kong
Mon Jan 21, 2013 7:44am EST. * Vanke A and B shares hit 10 pct limit up. * B share index outperformed CSI300 since December. * Vanke following CIMC's successful migration in Dec. * Vanke's HK unit warns of significant profit decline (Updates throughout ...

When Soft Power Fails
The oldest Chinatown in the world is not in New York or San Francisco or even Yokohama. It is in Manila, a fact that comes up often when Beijing talks about its longstanding connection to the islands that lie about 600 miles to the southeast. Similarly ...

The Price of Coal in China
On Jan. 12, an air pollution monitor atop the U.S. Embassy in Beijing rated the pollution index at a shocking 755 -- on a scale of 0 to 500. (The EPA categorizes pollution levels over 300 as "hazardous.") A TIME reporter wrote that the view from her ...

China Challenges US Statements on Island Dispute
BEIJING — China's foreign ministry is pushing back on statements from U.S. Secretary of State Hillary Clinton about a chain of islands claimed by both Japan and China. The Secretary's comments provoked a critical response from officials and state ...

Two Systems, One Energy Price
Hong Kong's government approved a deal last month for local electricity utility China Light and Power (CLP) to buy natural gas from a mainland Chinese state company for three times the price it is currently paying. There's something wrong here, you ...

Crime With Chinese Characteristics
Something is rotten in the city of Dongzhou. A new anti-corruption campaign has shaken the city's leaders, threatening their ability to embezzle funds and gamble them away in Macau's casinos. As the noose tightens, Vice Mayor Peng Guoliang stands ready ...

China's Information Challenge
EVEN on the best of days, China's leaders are a risk-averse bunch. So when anti-censorship protests erupted in China on Jan. 7 and spread quickly through cyberspace, the state laid down the law: “The party has absolute control over the media, and this ...

SABMiller's Organic Beer Demand Frozen by Chinese Winter
SABMiller Tuesday said an “exceptionally cold and wet winter” in China meant its organic beer volumes in the Asian powerhouse fell 3%, causing demand in the Asia Pacific region to decline and its overall global performance to slow. China, as befits the ...

At Davos, Crisis Is the New Normal
DAVOS, Switzerland — In certain ways, the very setting of the World Economic Forum reflects the restless, challenged state of human affairs. Our footing is uncertain, as on this ski resort's slithery streets, and we have steep slopes to climb, as the ...

Philippines Takes Sea Dispute With China to Tribunal
MANILA—The Philippines is taking its territorial dispute with China to an international tribunal, raising the stakes in the political standoff among several countries with overlapping claims in the resource-rich South China Sea. "The Philippines has ...

Two Views on Liberal Arts
This week, the IHT education section takes a look at the liberal arts, the largely North American education system that emphasizes a broad base of learning. It is slowly making inroads in Europe and Asia, where university courses have traditionally ...

METALS-Copper rises on Japan easing move, dollar
Tue Jan 22, 2013 10:40am EST. * BOJ doubles inflation target, adopts open-ended asset buying * China December copper production up over 20 pct to 580,000 T * U.S. home sales drop in December; German sentiment survey strong By Susan Thomas ...

China Burns Less Bright for Luxury Brands
Bloomberg News: A Ballon Bleu 42mm wristwatch on display at the Cartier booth at this year's Salon International de la Haute Horlogerie watch fair in Geneva, Switzerland. Luxury group Compagnie Financiere Richemont , the owner of Cartier and other ...

China's Game Plan in Southeast Asia
One has to feel sympathy for Brunei, this year's chairman of the 10-member Association of Southeast Asian Nations (Asean). Over the past few years, territorial disputes over the South China Sea exposed Asean's internal divisions as Beijing adopted a ...

Asia's Growth Spurs New Credit Worries
Asia's export-focused economies have proved robust despite the slowdown in major trade partners in the U.S. and Europe. China's economy grew 7.8% in 2012, and many analysts expect it to accelerate to 8% in 2013. A strong China has helped buoy growth ...

In China, the Appearance of Consensus Is Breaking Down
Xiao Qinshan, foreground, demonstrated for free speech from his wheelchair at the offices of Jonah M. Kessel for The New York TimesXiao Qinshan, foreground, demonstrated for free speech from his wheelchair at the offices of the publisher of Southern ...

Security concerns grow over sale of US battery maker to Chinese company
WASHINGTON – More than a decade of advanced American technology could be handed over to one of the country's top economic rivals unless the government intervenes to stop the sale, lawmakers say. The concerns surround the sale of A123 Systems -- a ...

China-North Korea History: Where Do These Longtime Allies Stand?
BEIJING -- China took a step against longtime ally North Korea on Tuesday by voting in favor of a U.N. Security Council resolution condemning Pyongyang's long-range rocket launch in December. Beijing is concerned that North Korea's nuclear ambitions ...

China, the Philippines and the Rule of Law
As a rising global power, and being the largest and most important economy and military power in Asia, the People's Republic of China (PRC) has had the luxury of being able to do more or less whatever it wants in challenging its neighbors over disputed ...

The Russian Solution for China's Power Market
Hydroelectric power might be as old as electricity itself, but it offers a very modern answer to one of Asia's greatest challenges. As policy makers struggle to secure and increase energy supply while reducing carbon emissions, hydro-power ticks all ...

The New Tao of Trade: Don't Just Import from China. Sell There.
Like many American businesses fighting to keep their prices competitive, Vision Quest Lighting turned to China about six years ago. It now imports about a sixth of the two dozen to three dozen parts required to make its lighting fixtures from there ...

Have You Tried Selling in China?
A small-business guide we have just published quotes Savio S. Chan, who is president and chief executive of U.S. China Partners, a consulting firm that over the last eight years has helped nearly 100 American companies do business in China. Initially ...

GM, VW, Hyundai Set to Gain From Record Beijing Smog
Twice in one day last week, Beijing's air got so bad that taxi driver Jiao Quanyou almost plowed into the vehicle in front of him. “I didn't see the car,” said Jiao, who has driven a cab for 12 years. “I quit four hours early that day even though I ...

New China Billionaire Unveiled After Wison Sells Shares
Hua Bangsong, the founder of Wison Engineering Services Co. (2236), became a billionaire after the company he started sold shares in Hong Kong last month. Wison Engineering raised a net HK$1.2 billion ($154 million) by selling 600 million shares in an ...

Partners Group Eyes More Secondary Deals in China
With the initial public offering market in the deep freeze in China, private equity firms have had to think again about their exit strategy. But there are some warm spots in the market and Switzerland-based private equity firm Partners Group sa ys it ...

Former Porn Star is China's Hottest New Politician
At a time when Chinese officials are burning up social media sites with their appearances in amateur sex tapes, a professional is making waves with a move into politics. Actress Diana Pang, well known in Hong Kong for starring roles films like 1997's ...

Big news in China: 'Mythbusters' blew up a Chinese popcorn maker
Chinese Central TV, or CCTV, is one of the most-watched news networks in the world, with viewership sometimes in the high hundreds of millions. This week, the network turned to a story that has been generating increasingly wide discussion in China: a ...


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