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China News 07/2013 (Page 6)



China urges local governments to speed up spending to support the economy
By Kevin Yao. BEIJING | Thu Jul 18, 2013 12:04pm EDT. BEIJING (Reuters) - China urged local governments on Thursday to speed up spending this year's budget to support economic growth but said it would keep overall policy stable and focus on pushing ...

China's Feud With West on Solar Leads to Tax
ASPEN, Colo. — Escalating a long-simmering trade dispute with the West over solar panels, China plans to impose tariffs that could exceed 50 percent on a material it imports from the United States and South Korea to make the panels, its Ministry of ...

RPT-China, US companies' great hope, now a drag
Fri Jul 19, 2013 6:59am EDT. * S&P companies' exposure to China has jumped over the years. * More than half of revenue for Yum Brands, AMD comes from China. * Analysts say companies should target China's middle class. By Angela Moon. NEW YORK ...

Small Legal Battle in China Challenges Labor Camp System
BEIJING — This week courts in China granted rare compensation to a Chinese mother, Tang Hui, whose campaign for justice on behalf of her daughter instead landed her in a forced labor camp. Tang, a 39-year-old from China's Hunan province, won her ...

Survey in China Shows Wide Income Gap
BEIJING — Results of a wide-ranging survey of Chinese family wealth and living habits released this week by Peking University show a wide gap in income between the nation's top earners and those at the bottom, and a vast difference between earners in ...

UPDATE 2-China jeweller Chow Tai Fook named in price-fixing probe-report
Fri Jul 19, 2013 9:21am EDT. * Report says Chinese authorities investigating shops in Shanghai. * Hong Kong-listed shares of jewellery companies slide. * Probe would mark latest business sector to come under scrutiny (Adds company statement). By Yimou ...

China deploys elite gaggle of geese police
Police forces in rural corners of Xinjiang province have been sending geese officers out on patrol since earlier this year, according to a report on the Chinese language website of the state-run People's Daily newspaper. “Among all poultry, geese [are ...

UPDATE 2-Stora Enso delays China investment to protect cash
Fri Jul 19, 2013 10:35am EDT. * Wins approval for Chinese mill but plans later and slower build-out. * Stora Enso Q2 adjusted EBIT falls 14 pct to 124 mln euros. * Paper business in red as European demand sinks. * Shares fall 2.3 pct (Recasts with ...

China Removes Floor on Lending Rates as Economy Slows
China scrapped the floor on lending rates offered by the nation's financial institutions as economic growth slows and authorities expand the role of markets in the world's second-biggest economy. The change, effective today, eliminates a limit set at ...

China Communist Party Fate Seen Resting on Farmer Rights
China's growth and the future of the Communist Party rest on giving farmers their land and allowing equal rights for migrants in cities, according to the state researcher who wrote a reform road-map. “Land and hukou reform is the cornerstone for future ...

How Much Should We Worry About A China Shock?
Suppose that those of us now worried that China's Ponzi bicycle is hitting a brick wall (or, as some readers have suggested, a BRIC wall) are right. How much should the rest of the world worry, and why? I'd group this under three headings: 1 ...

China convicts 11 men over mass killings on oceanic fishing voyage; 5 to be ...
China convicts 11 men over mass killings on oceanic fishing voyage; 5 to be ...

Smoke Signals from China
Investors in U.S. stocks are ignoring the slowdown in China at their peril. Why GE and Dow Chemical could get hurt. But Las Vegas Sands may be oversold. Article; Comments. Email; Print; Reprints ...

Taiwan's Tennis Ace Flirts With China. How Could She? Cash.
BEIJING — What is the quickest way for a professional athlete in Taiwan to get a sponsorship deal? Perhaps by threatening to shift her allegiance to China. Men. Scoreboard · Results/Schedule · Money Leaders. Women. Scoreboard · Results/Schedule ...

Death in China Stirs Anger Over Urban Rule Enforcers
BEIJING — It started Wednesday morning as a squabble between an unlicensed watermelon vendor and the widely despised urban management agents who prowl China's streets looking for scofflaws. Words were exchanged, blows were landed and in the ...

China Scraps Floor on Lending Rates as Li Boosts Market's Role
China eliminated the lower limit on lending rates offered by the nation's financial institutions as economic growth slows and Premier Li Keqiang expands the role of markets in the world's second-biggest economy. The change, effective yesterday, removes ...

China's Wu & Shi top 3-meter synchro qualifying
BARCELONA, Spain — Chinese pair Wu Minxia and Shi Tingmao topped the preliminaries for the women's 3-meter synchronized springboard Saturday on the opening day of the diving world championships. Order Reprints ...

Bomb detonated at Beijing airport; suspect is only one hurt
BEIJING — A man in a wheelchair who was airing grievances set off a homemade bomb in a crowded terminal at Beijing's main airport Saturday, injuring himself but no one else, Chinese state media and witnesses said. Order was quickly restored and no ...

China Lends Some Credibility to Reform
China's route to a more stable, balanced economic model won't be easy. But the country's new leadership certainly appears keen to show it is up for the challenge. [image]. On Friday, Beijing announced that it will remove the floor on lending rates, set ...

Chinese economy set to turn around, no hard landing: finance minister
SHANGHAI | Sun Jul 21, 2013 4:40am EDT. SHANGHAI (Reuters) - China's finance minister denied that the world's second-largest economy was entering a crisis period, adding that he believed growth could even accelerate, as quoted by the official Xinhua ...

US Online Course Provider Tries to Enter China Market
Coursera, one of the major U.S. education companies providing massive open online courses, known as MOOCs, seems to have run into some red tape in China. Representatives of Fudan University and Shanghai Jiaotong University confirmed by telephone ...

China Said to Be Holding British Fraud Investigator
Shanghai police are holding a well-known China-fraud investigator, according to people familiar with the matter. The people identified him as British national Peter Humphrey. Mr. Humphrey is the founder and managing director of ChinaWhys Co., a Hong ...

Infant's Death Inflames Health-Care Tensions in China
The tense relationship between doctors and patients in China has boiled over following the death of a 12-day-old infant in a hospital incubator in the eastern part of the country. Hospital authorities and the baby girl's family present differing ...

China hitback to hold Japan 3-3 in East Asian Cup
(Reuters) - Holders China scored twice in the final 10 minutes to hold Japan to a 3-3 draw in an entertaining East Asian Cup match in Seoul on Sunday. Goals from Wang Yongpo, his second of the game, and substitute Sun Ke earned China a point in their ...

Follow your labels: American apple juice is a product of China
My bus from Xi'an, China, passed by the giant apple-shaped structure on the edge of the city of Luochuan. At the core of the apple is an empty convention center; next to it is the apple museum and apple hotel. All this anticipates an apple tourist boom ...

China Move to Free Lending Rates Puts Focus on Low Saver Returns
The biggest step yet by China's new leaders to move the nation's financial system toward market-set lending rates heightens focus on what the central bank says is an even tougher reform: lifting restrictions on savers' returns. The People's Bank of ...

Beijing Airport Bomber Highlights Threat to Social Stability
A man who detonated a home-made bomb at Beijing Capital International Airport to gain attention for his grievances highlights the growing threat to social stability in China from frustration at perceived injustice. The man, identified as Ji Zhongxing, ...

Party propagandists impose 'China Dream' on skeptical public
New schoolbooks tout that only the Communist Party can deliver on the promise. China Dream. Chinese tourists at Tiananmen Gate in central Beijing stop and watch July 16 as police (off-camera) detain a woman suspected of being a petitioner, someone ...

China airport blast prompts questions on society's injustice, the lack of ...
China airport blast prompts questions on society's injustice, the lack of ...

UPDATE 2-Global steel output rises 1.9 pct in June on China boost
Mon Jul 22, 2013 8:16am EDT. (Adds quotes, background). LONDON, July 22 (Reuters) - Strong steel output growth in top producer China helped push global crude steel production up 1.9 percent to 132 million tonnes in June from the same month last year, ...


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