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China News 03/2013 (Page 4)



METALS-Copper weighed down by patchy China data, stronger dollar
Mon Mar 11, 2013 11:54am EDT. * China factory output, consumer spending weaker than expected * China Feb inflation at 10-month highs; Fitch downgrades Italy * Some post-holiday trade buying emerges in China, cushions prices By Maytaal Angel and ...

GLOBAL MARKETS-Stocks mixed on Italy, China worries; dollar steady
Mon Mar 11, 2013 12:01pm EDT. * European shares dip after Italian downgrade. * Dollar near 3-1/2-year high vs yen on U.S. jobs growth. * Oil prices fall as weak Chinese data dents demand. * Italian, peripheral debt prices weaken on Italy worries ...

China Knocks on Iceland's Door
ICELAND'S long-isolated existence was broken by World War II and the Cold War when its strategic location at the gateway to the North Atlantic and the Arctic were key to the defense of NATO and the United States. But with the disintegration of the ...

How Many People Really Use Sina Weibo
China's most beloved microblog, Sina Corp.'s Weibo is often described as a virtual town square where Chinese people can publicly discuss issues from politics to pop stars with a level of freedom not available elsewhere in the country. If that's the ...

Baseball Rallies in Taiwan
A recent rekindling of Taiwan's long-dormant passion for baseball, a sport that once occupied a central place at the heart of the island's identity, has proved so strong that even a crushing exit from the World Baseball Classic hasn't done much to tamp ...

China's Shifting Censorship Regime Puts Squeeze On Internet Giants
By allowing two Hong Kong journalists to be attacked by a group of unidentified men in Beijing on Friday as they covered an activist's visit to the wife of jailed Nobel Laureate Liu Xiaobo, the central government showed “the kind of thuggery and ...

Greenlanders vote in election focused on mining, China
By Alistair Scrutton. NUUK | Tue Mar 12, 2013 11:30am EDT. NUUK (Reuters) - Voters in Greenland's capital braved heavy snow and crowded into its one polling station on Tuesday in an election which pits economic development against concerns over the ...

China Cyberattacks: Beijing 'Willing' To Cooperate With US In Cybersecurity
BEIJING -- China says it is willing to cooperate with the United States in cybersecurity after the U.S. called on it to take "serious steps" to stop cyberattacks. Foreign Ministry spokeswoman Hua Chunying repeated China's assertion that it is firmly ...

Shanghai Races to Clean River After Dead Pigs Double to 5916
Shanghai said it's increasing the frequency of water quality checks after almost 6,000 dead pigs were found in a river that runs through the city. The number of dead pigs found from the Songjiang section of the Huangpu river more than doubled from the ...

China's New Leaders Seen Deepening Interest-Rate Flexibility
China's new leaders may further loosen interest-rate controls this year while allowing limited changes to one-child and household-registration policies that threaten to restrain growth, a survey of analysts shows. Twelve of 16 analysts expect China to ...

London Gains First-Mover Advantage in EU's Yuan Race: Currencies
London is racing against Paris and Zurich to become the center for yuan trading in Europe as China seeks to take its currency global. The Bank of England said it has the inside edge to be the first Group of Seven nation to sign a currency-swap ...

Chinese Activist, Now in US, Cites Harassment of Family
HONG KONG — Almost a year after the Chinese human rights advocate Chen Guangcheng made an audacious escape from detention in his home village, his family there remains under surveillance and his jailed nephew has said he was beaten and ...

Half a Century of Harvesting Souls in China
An image of Protestant missionaries in China originally printed in the “The story of the China inland mission,” written in 1894 by missionary Mary Geraldine Taylor. More In Books. Eight Questions: Michael Pettis, 'The Great Rebalancing' · Soaring Above ...

Chinese Solar Panel Maker on Financial Brink
One of the world's largest manufacturers of solar panels, Suntech Power, has nearly run out of cash and is poised to be taken over partially or entirely by the municipal government's holding company in its hometown of Wuxi, China, solar industry ...

Emerging Stocks Drop on China Concerns as Hungary Sinks
Emerging-market stocks fell to a one-week low, led by Chinese equities, on concern policy makers will step up efforts to curb real estate prices and inflation. Hungarian stocks sank to the lowest level since December. China Resources Land Ltd. (1109 ...

Q&A: Explaining Steady Hand of China's Central Banker
Fear of inflation and hope for reform in China's monetary policy are both rising. Lesser men might have balked, but People's Bank of China governor Zhou Xiaochuan is facing the challenge. Two months ago, Mr. Zhou was expected to step down after a ...

Dead Pigs In China's Shanghai River Worry Residents (GRAPHIC PHOTOS)
BEIJING -- Authorities recovered hundreds more dead pigs from a river that provides drinking water to Shanghai, China's financial hub, bringing the total to more than 6,600 since last Friday. Pictures of swollen and rotting carcasses in the Huangpu ...

Canada's NWT Counting on China Cash for Resource Projects
Canada's Northwest Territories is appealing to Asian investors to boost oil and natural gas drilling after reaching an agreement with the federal government over control of resources, the region's leader said. With an estimated 6.87 billion barrels of ...

Philip Morris Names Calantzopoulos CEO Targeting Growth in China
Philip Morris International Inc. (PM) named Andre Calantzopoulos as chief executive officer, replacing Louis Camilleri, as the world's largest publicly traded tobacco company works to expand in China and develop new products. Calantzopoulos, who also ...

Copper Falls on Concern China Housing Curbs Will Sap Demand
Copper fell the most in a week amid concern that policy makers will expand efforts to cool the housing market in China, the world's biggest consumer. Chinese stocks fell, dragging the benchmark index to a two- month low, as real estate and construction ...

China Gains Tablet Foothold
TAIPEI—There used to be a clear divide: Taiwanese contract manufacturers made the well-known tablets like Apple Inc.'s iPad, while Chinese companies made imitations for little-known brands. But with Hewlett-Packard Co.'s newest device, the line is ...

China Mobile Makes Big Bet on 4G
BEIJING—China Mobile Ltd. is plowing almost $7 billion this year into building its new fourth-generation network, as the world's largest telecommunications carrier strives to retain its supremacy atop China's telecom market. The move disclosed ...

METALS-Copper rises on global economic hopes after solid US data
Thu Mar 14, 2013 11:31am EDT. * Commodity prices have upside potential -Credit Suisse * European equities touch 4-1/2-yr high, dollar near 7-month peak * U.S. weekly jobless claims fall 10,000; 4-week average lowest in 5 yrs By Susan Thomas and Eric ...

At Ping An, Profit Growth Slows
SHANGHAI—Ping An Insurance (Group) Co. of China posted a 3% rise in its 2012 net profit, the slowest growth in three years. Higher premiums and revenue from its banking operations offset a decline in investment income. China's second-largest life ...

VW Says Profit Won't Grow as BMW Sees Global Economy Woes
Volkswagen AG (VOW) and Bayerische Motoren Werke AG (BMW) predicted a “difficult” 2013 as the European auto market contracts, vehicle prices in the region drop and growth in China slows. VW fell to almost a four-month low after Chief Executive Officer ...

China-Vatican Relations Remain Tenuous As Chinese Catholics Quietly ...
China-Vatican Relations Remain Tenuous As Chinese Catholics Quietly ...

China Auto Makers Are Gaining Traction
SHANGHAI—Global car companies reaping big sales in China face a growing threat from domestic brands that are improving technology and gaining ground with consumers, the head of a prominent U.S. automotive-parts company said. "Foreign players in ...

UPDATE 4-Eni opens up Mozambique gas riches to China
Thu Mar 14, 2013 12:16pm EDT. * Agrees to sell 20 pct stake in offshore field for $4.21 bln. * Eni wins finance, cuts development bill, keeps 50 pct stake. * Links east Africa gasn to big LNG consumer China. * Deal includes potential access for Eni to ...

What's in a Papal Name
HONG KONG—The election of an Argentine cardinal as pope is attracting a lot of attention for the firsts that it entails—first Latin American, first Jesuit—and also for his selection of Francis as his papal name. The Vatican says he had in mind St ...

China Presses New Pope on Taiwan
Reuters: A woman prays during a Good Friday religious ceremony in a Catholic church in Taipei. More In Taiwan. HTC Crashes Samsung's Party · Taiwan Riled Up Over First Family Wedding · Travel: Taipei, Asia's Answer to Portland, Ore. Taiwan's Banks Are ...


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