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China News 02/2013 (Page 7)



The gaping hole in Obama's plan to stop Chinese hacking
Chinese leader Xi Jinping shakes hands with President Obama in the White House. (SAUL LOEB/AFP/Getty Images). The word “China” appears 120 times in the Obama administration's just-released report, “Administration Strategy on Mitigating the Theft of ...

Australian billionaire hires Chinese shipbuilders to recreate Titanic; set for ...
Australian billionaire hires Chinese shipbuilders to recreate Titanic; set for ...

Fixing China's Harmful Inequality
Beijing needs to reform labor migration policies and use the profits from state enterprises to fund social services. Article; Comments. more in Opinion | Find New $LINKTEXTFIND$ ». smaller; Larger ...

China may soon get a carbon tax. But will it make any difference?
China may soon get its very own tax on carbon emissions. That's the latest scuttlebutt from state-owned news service Xinhua, which noted that the levy would be part of a broader effort to improve the country's environment. Carbon tax, you say? It's ...

Stirring Taiwan fears, local media kingpin pushes hard on China political ties
TAIPEI, Taiwan — Appearing last year before Taiwanese regulators, billionaire media magnate Tsai Eng-meng appeared perplexed over a decision to fine his flagship newspaper for carrying camouflaged advertising on behalf of China's Communist ...

China's Chaori Solar Warns of Possible Default on Bond Payments
Shanghai Chaori Solar Energy Science & Technology Co. (002506), a Chinese maker of solar cells, said it may not be able to pay interest due March 7 to bond investors because of liquidity difficulties. The company may post losses of as much as 1.1 ...

Must-Reads from Around the World
Japanese Prime Minister – The new conservative Japanese Prime Minister Shinzo Abe has arrived in the U.S. on an official visit focused on strengthening economic and security ties between the two allies, writes Aljazeera. Abe will also discuss with ...

Is it now crazy to offshore IT to China?
Computerworld - China has for years been developing an IT outsourcing industry aimed at bringing in business from the U.S. and Europe. It has succeeded, but then again it hasn't thrived and now may face more barriers. China's IT and business process ...

China Home-Price Gains May Presage Policy Tightening
China's new home prices rose in most cities the government tracks for a third month, adding pressure on leaders to intensify policy-tightening efforts to prevent asset bubbles and inflation as the economy rebounds. Prices climbed in January from ...

Club Med Seeks to Lure Chinese Clients as Asian Wealth Grows
Club Mediterranee SA (CU), the French all-inclusive tour operator, plans to more than double the number of customers it serves in China in three years as wealth in the region increases faster than elsewhere. “We identified 60 million potential ...

Keeping China's Secrets
HONG KONG—This "special administrative region" of China has grown rich adhering to Western, free-market norms of transparency and regulation. But apparently that's becoming a little too tough for some to stomach. Witness the current uproar over a ...

Foundation to Send More American Students to China
BEIJING — Last year the number of Chinese studying abroad in the U.S. rose 23 percent, to surpass 200,000. Far fewer American students study in China, which is something the U.S. State Department is trying to change. Christie Civetta is one of ...

Japan says Abe's quotes about China in Post interview were 'misleading'
TOKYO — Japan sought Thursday to clarify comments about China that Prime Minister Shinzo Abe made to The Washington Post this week, with a top government spokesman saying that quotations published by the newspaper were “misleading.” The Post ...

China to Expand Short-Selling Program as Part of Reform
China will expand its short-selling program on Feb. 28 by allowing selected brokerages to borrow shares from institutional investors, the Shanghai Securities News reported. Eleven brokerages will be able to borrow shares in a pre- approved pool of 90 ...

Southern California malls target Asian shoppers
The arrival of the Lunar New Year this month seems to have sparked an epiphany for area shopping centers: Asian and Asian American consumers have a growing pile of money and want to spend it where they're welcome. So in the Year of the Snake, malls ...

CPC Central Committee to hold 2nd plenum
BEIJING, Feb. 23 (Xinhua) -- The Second Plenum of the 18th Central Committee of the Communist Party of China (CPC) will be held here from Feb. 26 to Feb. 28, according to a decision by members of the Political Bureau of the CPC Central Committee on ...

China denies it's world's biggest trader
BEIJING (AP) — China has a new status its government doesn't want — world's biggest trader. Official Chinese and American trade data indicate China passed the United States last year in total imports and exports by a margin of $3.87 trillion to $3.82 ...

Even with its popularity, NBA has room for growth in China
(Reuters) - The National Basketball Association (NBA) is opening a glitzy "lifestyle destination" complex with an official basketball court, a hoop-themed restaurant and a children's zone. You can train like Kobe Bryant, or even a Laker girl, at a ...

China counts flies, grades public bathroom stench
The new standards don't specify penalties for excess flies and bad odors. china public toilet. A woman walks past a neighborhood toilet. Public restrooms now must meet stricter standards. (Photo: Wang Zhao, AFP/Getty Images) ...

Apple supplier faces sanctions in China
A manufacturer that produces Apple iPad casings faces sanctions from the Shanghai government after discharging waste that turned a local river milky white, killing fish and leaving water unfit for crop cultivation. On the banks of a tributary of the ...

As Oscars Fever Builds, Some Chinese Ask: 'What About Our Films?'
This image of 20th Century Fox This image of “Life of Pi,” a film by the Taiwan director Ang Lee nominated for the 85th Academy Awards, shows Suraj Sharma as Pi Patel and a mostly digital tiger. BEIJING — As Oscar fever grows around the world with the ...

'A History of Future Cities': urban gateways between East and West
Daniel Brooks' engaging new book “A History of Future Cities” analyzes how several cities, including Shanghai, Mumbai, Dubai and St. Petersburg, have thrived because of their position as gateways between the East and West. By Alan Moores. Special to ...

China to Increase Fuel Prices for First Time Since September
China will raise fuel prices for the first time since September amid a gain in oil benchmarks since the start of the year. Gasoline will increase by 300 yuan ($48) a metric ton and diesel by 290 yuan a ton effective tomorrow, the National Development ...

Beijing In Three (Long) Days
Tour groups are the laziest form of traveling. There, I said it. They lead you around like lemmings taking you to all the cool sites a city has to offer plus they do you the "favor" of taking you to special shopping locations. In Egypt it was a ...

China's Leaders Plan Government Revamp as Xi Set to Take Reins
China's new leaders will this week consider plans to revamp the central government as part of efforts to streamline bureaucracy and boost an economy that's recovering from the slowest growth in 13 years. The Communist Party's 25-member Politburo ...

Vipshop Surges as Earnings Fuel Rebound: China Overnight
Vipshop Holdings Ltd. (VIPS) drove a rebound in Chinese stocks traded in New York as the online fashion retailer joined companies posting better-than-estimated earnings amid a recovery in the world's second-largest economy. Shares of Vipshop, which ...

China's BYD Looks to Triple Sales of Electric Vehicles
SHENZHEN, China—BYD Co is taking a fresh look at its green-car strategy, betting that the wider adoption of its electric vehicles for public transportation will boost sales significantly. The Shenzhen-based company, which has struggled for years to ...

EADS, ThyssenKrupp attacked by Chinese hackers: report
Visitors talk near the welcome desk of the EADS booth at the ILA Berlin Air Show in Selchow near Schoenefeld south of Berlin. FRANKFURT (Reuters) - Airbus parent EADS and German steelmaker ThyssenKrupp recorded major attacks by Chinese hackers ...

Xi Jinping stresses judicial independence
BEIJING, Feb. 24 (Xinhua) -- Chinese leader Xi Jinping has called for efforts to ensure judicial and procuratorial organs exercise the judicial and procuratorial authority independently, fairly and in accordance with the law. Xi, general secretary of ...

Yum Cuts Off Some China Suppliers
As part of a campaign to regain consumer confidence, Yum Brands will no longer use small-farm suppliers for its China-based KFC outlets. The WSJ's Laurie Burkitt talks about Yum's plans. BEIJING—The head of Yum Brands Inc.'s China operations made a ...


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