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China News 02/2013 (Page 5)



Emerging ETF Falls on Hungary as Hong Kong Stocks Climb
The iShares MSCI Emerging Markets exchange-traded fund fell as the recession in the euro area and Hungary deepened. Chinese developers advanced in Hong Kong as trading resumed after the New Year holiday. OTP Bank Nyrt. helped lead the declines ...

Vows of Change in China Belie Private Warning
HONG KONG — When China's new leader, Xi Jinping, visited the country's south to promote himself before the public as an audacious reformer following in the footsteps of Deng Xiaoping, he had another message to deliver to Communist Party officials ...

What Do People Want for Chinese New Year? Cash Money
The most desired gift during Spring Festival, as the 15-day Lunar New Year holiday is known in China, is overwhelmingly money, according to a new survey from research firm TNS, which polled 5,000 people in mainland China, Hong Kong, Taiwan, Malaysia ...

Hong Kong shares edge higher, investors await China markets reopening
Fri Feb 15, 2013 4:11am EST. * HSI slips 0.1 pct on Friday, gains 1 pct this week. * Local properties fall on fears of fresh curbs. * Strength in defensive stocks as investors remain cautious. HONG KONG, Feb 15 (Reuters) - Hong Kong shares eked out ...

China wages a quiet war of maps with its neighbors
BEIJING — Bitter maritime disputes between China and its neighbors have recently sent fighter jets scrambling, ignited violent protests, and seen angry fishermen thrown in jail. But beneath all the bellicose rhetoric and threatening posture, China ...

Wyatt Smith makes a deal with his students: Learn Chinese. Go to China.
It's 7 p.m. on a Wednesday evening, and Wyatt Smith is still in his classroom. The day started 12 hours ago, back when his green tie was firmly in place and his khakis were neatly pressed – before the classes, parent phone calls, and the three-hour ...

Exclusive: North Korea tells China of preparations for fresh nuclear test
By Benjamin Kang Lim. BEIJING | Fri Feb 15, 2013 12:37pm EST. BEIJING (Reuters) - North Korea has told its key ally, China, that it is prepared to stage one or even two more nuclear tests this year in an effort to force the United States into ...

'21 And Over': China Ending Differs Wildly From US Version
Unlike "Skyfall" and "Cloud Atlas," the new teen comedy "21 and Over" probably won't be censored by the Chinese government. That's because Relativity Media pushed directors Jon Lucas and Scott Moore to film an alternate framing device for the film, one ...

Joy Global CEO Hasn't Found Accounting Issues in China
MILWAUKEE—Joy Global Inc.'s chief executive officer, Michael Sutherlin, said the maker of mining equipment hasn't found any accounting problems at the Chinese company it acquired 14 months ago, unlike rival Caterpillar Inc., which recently had to ...

Did Time Warner Really Try to Buy China's Help Fighting Piracy With Free Movies?
Rampant copyright piracy in Asia, especially in China, is a massive and intractable problem for the software, entertainment and luxury industries. Western countries simply don't have enough leverage to compel the Chinese government to crack down on ...

Gold Bears Braced for U.S. to China Growth Recovery: Commodities
(To get alerts for Commodities columns: SALT CMMKT <GO>). Feb. 15 (Bloomberg) -- Gold traders are the most bearish in more than a year on mounting speculation that improving economic growth from the U.S. to China will curb demand for this year's ...

Chinese dams worry Arunachal
Tura (Meghalaya), Feb 16 — Arunachal Pradesh Chief Minister Nabam Tuki said Saturday he would ask the central government to look into China constructing three hydropower projects on the Brahmaputra river in Tibet. "China building the three dams will ...

Saudi Shares Gain as Kingdom Buys Stake in China Online Retailer
Saudi Arabian shares climbed for the sixth trading day, the longest winning streak in more than six months, after Kingdom Holding Co. bought a stake in a Chinese online retailer and U.S. stocks rose last week. Kingdom Holding advanced as much as 6.1 ...

Nuclear Test Sparks Radiation Fears
Associated Press: Women in traditional North Korean dresses near the Friendship Bridge linking China and North Korea, in Dandong, China. Chinese authorities are moving to tamp down public worries about radiation less than a week after North Korea set ...

Builder says plan for new Titanic draws interest
HONG KONG—The Australian billionaire who's planning to build a high-tech replica of the Titanic at a Chinese shipyard has received an "overwhelming" response from people who want to be the first paying passengers. Representatives for Clive Palmer, who ...

China plays by its own rules while going global
MEXICO CITY — When Venezuela seized billions of dollars in assets from Exxon Mobil and other foreign companies, Chinese state banks and investors didn't blink. Over the past five years they have loaned Venezuela more than $35 billion. Elsewhere ...

ConocoPhillips Given Approval to Resume Production at Penglai
ConocoPhillips received approval to resume production at the Penglai 19-3 oilfield off the northeast coast of China, which was closed in 2011 after an oil leak. A development plan and environmental assessment report for the oilfield have been approved, ...

Moving Image: Our Week In Photos (February 9-15)
Welcome to "Moving Image," our slideshow of the best photos of the week from around the world. The following photographs tell the story of the most compelling events this week, capturing happenstance moments and monumental occurrences with a single ...

Chinese enjoy "frugal" and "green" Spring Festival
BEIJING, Feb. 16 (Xinhua) -- With fewer fireworks being set off and not as many feasts, "frugal" and "green" are two words to describe the seven-day Chinese Spring Festival holiday. Managers of "HoyoBanquet", a luxury hotel in Nanning, capital of south ...

ConocoPhillips to Resume Operations at China Field
BEIJING—U.S. energy company ConocoPhillips has been cleared to resume full operations at an offshore Chinese oil field after being sanctioned by Beijing over oil spills in 2011. China's State Oceanic Administration said Saturday that the Penglai 19-3 ...

China Misses 'Hard Landing' as Government Spends, Li Daokui Says
China's economy averted a steep slowdown and is poised to grow “reasonably fast” as incomes in the most-populous nation rise, a former adviser to the country's central bank said. Li Daokui, an economist at Tsinghua University who was an adviser to the ...

Mind The Gap When It Comes To China
I'd been warned by startup investors, investment bankers, lawyers and accountants who swim in both China and U.K. entrepreneurial ponds not to expect tech city London to be all that mature. So when I attended a networking session at Google campus in ...

SW La. could benefit from rice exports to China
WELSH, La. (AP) — Southwest Louisiana rice farmers could reap benefits from growing Chinese agriculture markets by exporting rice there. State Agriculture Commissioner Mike Strain and U.S. Rep. Charles Boustany, R-Lafayette, discussed opening the rice ...

Billionaire Alwaleed Buys Stake in 360buy for China Expansion
Kingdom Holding Co., the investment company controlled by Saudi billionaire Prince Alwaleed bin Talal, bought a stake in Chinese online retailer 360buy Jingdong Inc. as it boosts investments in fast-growing companies. Kingdom led a group of investors ...

In China, playing North Korea for laughs (Commentary)
A land that remains stubbornly isolated, perpetually irrelevant, and eternally weird, North Korea makes an appealing subject for satirists. north korea kim jong un clown.jpg View full size. By HELEN GAO. BEIJING — North Korea's latest nuclear test may ...

China New Year Retail Sales Growth Slows on Frugal Drive
Retail sales in China during the week-long Lunar New Year festival rose at the slowest pace in four years as a crackdown on extravagant spending by officials and state-owned companies limited outlays on food and drink. Sales at shops and restaurants ...

Chinese anti-piracy fleet to join Pakistan exercise
A Chinese fleet that set sail for the Gulf of Aden on Saturday on an anti-piracy escort mission will participate in naval exercises with Pakistan and other countries in the waters of the Arabian Sea next month, officials here have said. The People's ...

In China, a New Year's Tradition Spurs a Debate Over Air Pollution
Yueran Zhang - Yueran Zhang is a Chinese writer based in Durham, North Carolina. He contributes regularly to Tea Leaf Nation. All Posts · Share, « Previous International · Email · Print. Close. In China, a New Year's Tradition Spurs a Debate Over Air ...

2 Reports on Chinese Rulers' Wealth Are Among 2012 Polk Award Winners
Journalists who uncovered corruption at the highest levels of the Chinese government, exposed abuses at New Jersey's halfway houses and, at great personal risk, delved deep into the Syrian civil war were among the winners of 14 George Polk Awards for ...

Komatsu CEO Sees China Construction Rebound Next Fiscal Year
Komatsu Ltd., the Japanese maker of construction equipment whose sales have fallen for seven consecutive quarters in China, expects demand from the Asian nation to recover this year, aided by stimulus spending. The world's top producer of diggers and ...


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