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China News 07/2013 (Page 4)



Pac-12 eyes regular season games in China
Pac-12 commissioner Larry Scott's expansion dreams aren't finished. No, the conference isn't trying to add another team. Scott is looking across the Pacific Ocean to China to help expand the conference's brand. This is the second year of Scott's long ...

China mother tosses newborn from building
BEIJING (AFP) – A Chinese mother threw her newborn girl out of a apartment building window to the ground, where she was run over by a car, media reported Thursday. Surveillance footage from Harbin in the northeast showed a bag containing the baby ...

China's 'Leftover Women' Desperate to Find Mr. Right
Joy Chen is a superstar in China, the champion of young women known as "leftovers" -- those who are still single in their mid-20s and scorned by all. "Their value is derived from their marital status," Chen told ABCNews.com. "Women who are married are ...

Sinopec Beats Bond Freeze as China Inc. Readies for Acquisitions
For investors seeking signs of whether Chinese companies will accelerate overseas takeovers, the bond market offers clues. Firms from China Petroleum and Chemical Corp. to China Huaneng Group Corp. sold a record $22.8 billion of dollar-denominated ...

China says GSK execs confess to bribery and tax crimes
By Michael Martina and Adam Jourdan. BEIJING/LONDON | Thu Jul 11, 2013 12:34pm EDT. BEIJING/LONDON (Reuters) - GlaxoSmithKline executives in China have confessed to bribery and tax violations, the country's security ministry said on Thursday, ...

China Almost Doubles Foreign Funds' Access to Capital Markets
China will almost double a program for foreign funds to invest in its financial markets and expand a program for inward investment of yuan raised overseas, as the country loosens rules on capital flows. The Qualified Foreign Institutional Investor ...

China Squeezes Shadow Banking as Li Grapples With Cooling Growth
China made progress in curbing shadow banking in June and slowed money-supply growth, as Premier Li Keqiang seeks to rein in the credit boom that poses risks for the nation's financial system. Data for aggregate financing, the broadest measure of ...

Analysis: China case shows war on drug costs in emerging markets
By Ben Hirschler, Adam Jourdan and Lavinia Mo. LONDON/HONG KONG | Fri Jul 12, 2013 10:16am EDT. LONDON/HONG KONG (Reuters) - International drugmakers are under fire in emerging markets as governments crack down on high prices and ...

As China's GDP Slows, Will Reform Be Sacrificed?
As China prepares to announce what will probably be disappointing second-quarter GDP numbers on July 15, here's the latest big question in Beijing: Will China's new leaders hang tough with plans for sweeping economic reforms? Or will they opt instead ...

China pollution fears pushing some foreigners out of country
(CBS News) The Perk family has decided to move away from Beijing. Ethan Perk, a wine importer originally from Chicago, is moving his family to Florida to escape the Beijing air. He said, "I've had 13 fantastic years, I've learned a lot about this ...

China agrees to currency, procurement reforms in talks with US
By Paul Eckert. WASHINGTON | Fri Jul 12, 2013 11:51am EDT. WASHINGTON (Reuters) - China acknowledged U.S. concerns about cyber theft of intellectual property and trade secrets and agreed to steps that would open its financial and government ...

UPDATE 2-Chinese state company to buy chipmaker Spreadtrum
Fri Jul 12, 2013 12:21pm EDT. * Tsinghua Unigroup offers $31 per ADS for Spreadtrum. * Sweetened offer values company at $1.78 billion. * Deal offers Spreadtrum access to Chinese carriers. By Sruthi Ramakrishnan. July 12 (Reuters) - Chinese cellphone ...

Toxic China Lake Spurs Next Generation as Xi Eases GDP Focus
Ian Chen recalls his father quietly accepting he could no longer wade into a lake near their home in southern China where he'd swum his whole life. The raw sewage and agricultural waste spilling into the water meant it wasn't safe anymore. Twenty years ...

World's largest building opens in China
BEIJING (AFP) – Boasting its own artificial sun and a floor area three times that of the Pentagon, the "world's largest building" has opened in southwest China to mixed reviews from its first visitors. The towering 100-metre (330-foot) high New Century ...

China's Wolong Nature Reserve has Giant Pandas, but India's Chambal Wildlife ...
China's Wolong Nature Reserve has Giant Pandas, but India's Chambal Wildlife ...

Weeklong Storms in China Traps Tourists, Kill 86
At least 100 tourists, including 38 Vietnamese nationals, were trapped in northwest China after a landslide cut off a road amid weeklong storms that have flooded rivers and triggered mudslides, killing at least 86 people, state media said Saturday. The ...

Baby Stabbed 90 Times By Own Mom After Biting Her During Breastfeeding In ...
Baby Stabbed 90 Times By Own Mom After Biting Her During Breastfeeding In ...

After Protest, China Cancels Plans for Uranium Plant
HONG KONG — One day after a rare public protest, Chinese authorities said Saturday that they were abandoning plans to construct a uranium processing plant in southeastern China, where residents raised concerns about its safety and potential ...

Xinhua Corrects Report on Lou's China Growth-Target Comments
China's official Xinhua News Agency corrected a report that cited Finance Minister Lou Jiwei as saying the country's growth target this year is 7 percent, a figure lower than the official goal of 7.5 percent set in March. In an English-language story ...

Powerful typhoon hits Taiwan, headed for China
SHARE 76 CONNECT 17 TWEET 2 COMMENTEMAILMORE. TAIPEI, Taiwan (AP) — A powerful typhoon surged across northern Taiwan on Saturday, killing at least one person and disrupting transportation and commerce around the island of 23 million ...

Pitfalls Abound in China's Push From Farm to City
XI'AN, China — Li Yongping sat in a darkened conference room, his face illuminated by an enormous map of southern Shaanxi Province projected on a wall-size screen. He nodded to an assistant and the screen split: the province on one side and a ...

Training Future Macau Casino Bosses
MACAU — Natalie Chan collected bets, dealt cards and calculated payoffs. She was not a croupier working in a casino — in fact, at 20, she was not even old enough to be on the gambling floor at the glitzy casinos just a short walk from campus. World ...

Chinese court executes man without telling family
BEIJING, Beijing Shi (AFP) – A Chinese court executed a man on death row without notifying his family and then defended its actions, sparking anger online, local media reported Sunday. Businessman Zeng Chengjie was executed on Friday after being ...

China Wealth Eluding Foreigners as Equities Earn 1% for 20 Years
China's 20-year economic boom has boosted the wealth of its 1.3 billion citizens at the fastest pace worldwide and spawned some of the biggest companies in history. Foreigners earned less than 1 percent a year investing in Chinese stocks, a sixth of ...

China Protest Forcing Nuclear Retreat Shows Growing People Power
Protests in a southern Chinese city last week that forced local authorities to abandon plans for a uranium-processing facility highlight the growing willingness of ordinary people to challenge the state on environmental issues. The proposed Longwan ...

Inquiries About Companies', Individuals' Bribery Records Leap in China - Xinhua
BEIJING--Chinese prosecutors received more than 600,000 inquiries about bribery records involving companies or individuals in the first six months, state-run news agency Xinhua reported the Supreme People's Procuratorate as saying in a statement ...

Powerful typhoon downgraded in China
SHARECONNECT 33 TWEETCOMMENTEMAILMORE. BEIJING (AP) — Typhoon Soulik has been downgraded to a storm after forcing the evacuation of hundreds of thousands of people in southeast China and killed at least two in Taiwan. China's National ...

Apple Investigates China iPhone Death Allegations
Apple Inc. said Monday that it is investigating a case in which the family of a 23-year-old woman alleges that she was electrocuted by her iPhone. Though details about the case remain sketchy, it has caught the imagination of social media users in ...

China Slump Ripples Globally
As the numbers pile up showing China's sizzling growth cooling down, industries world-wide—from German paper-cutter makers to Indonesian palm-oil exporters—are confronting an altered landscape of winners and losers. China's economic growth rate ...

Stocks trim gains on China data as focus turns to US
By Marc Jones. LONDON | Mon Jul 15, 2013 7:58am EDT. LONDON (Reuters) - European stocks pared gains along with the commodities-linked Aussie dollar on Monday as better-than-feared Chinese growth led investors to book profits ahead of U.S. data ...


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