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China News 07/2013 (Page 8)



Chinese Veterans Recall Korean War
BEIJING — Sixty years after the end of the Korean War, China is still North Korea's biggest ally, although the relationship under the cover of shared political ideals has not always been smooth. Today, Chinese veterans of the war recall that they made ...

Why Earthquakes in China Are So Damaging
In the aftermath of another major tremor, lax enforcement of building codes remains a serious problem in the country. Matt Schiavenza Jul 25 2013, 12:30 PM ET. Tweet. More. Email. Print. chinaearthquakebanner.jpg An injured woman receives treatment at ...

As A Disgraced Chinese Politician is Indicted, Rights Activists Also Feel the ...
As A Disgraced Chinese Politician is Indicted, Rights Activists Also Feel the ...

Japan's PM calls for high-level talks with China
By Masayuki Kitano. SINGAPORE | Fri Jul 26, 2013 7:05am EDT. SINGAPORE (Reuters) - Japanese Prime Minister Shinzo Abe called on Friday for a leaders' summit or a foreign ministers' meeting between his country and China as soon as possible, drawing ...

Iron Ore Rally Enters Bull Market as China Rebuilds Inventories
Iron ore entered a bull market after China replenished inventories and boosted steel output. Ore with 62 percent iron content delivered to Tianjin gained 0.4 percent to $132.60 a ton, the highest since April 30, according to data from The Steel Index ...

Chinese Search for Infant Formula Goes Global
HONG KONG — The group of 40 mainland Chinese tourists made all the requisite shopping purchases on a recent trip to Europe: silk scarves, Swiss watches, Louis Vuitton handbags. Multimedia. Slide Show · A Chinese Demand for Foreign Formula. Related ...

How Samsung is beating Apple in China
GUANGZHOU, China/SEOUL (Reuters) - Apple Chief Executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd, which has been ...

Why China pays over the odds for its medicines
By Ben Hirschler, Ransdell Pierson and Kazunori Takada. Fri Jul 26, 2013 10:55am EDT. (Reuters) - China has a drug problem. While most Western countries spend 10-12 percent of their healthcare budget on medicines, in China it is well over 40 percent, ...

Divining Unemployment in China
What to make of China's unemployment figures? Even as China's economy slows and companies report they are hiring fewer workers, the country's official jobless rate hasn't budged, coming in at 4.1 percent at the end of June—the same level as three ...

China shares slip, Hong Kong flat in anaemic end to positive week
Fri Jul 26, 2013 10:34am IST. * HSI flat, H-shares -0.1 pct, CSI300 -1.0 pct. * HSI set for 5th weekly gain, longest such streak since October. * Anhui Conch buoyed by state deadline for cutting overcapacity. * AIA down nearly 2 pct despite strong ...

China silences American-style TV talent shows
By Le Li, Producer, NBC News. BEIJING – Television singing contests have been curtailed by Chinese censors who claim the country has too many of the American Idol-style shows. The country's state broadcasting regulator issued a new policy Friday ...

China says coast guard confronts Japanese vessels
Associated Press. BEIJING — China says ships from its newly formed coast guard confronted Japanese patrol vessels Friday in waters surrounding East China Sea islands claimed by both sides. Order Reprints. More News. Read more World News. The State ...

China's Greenland Buys Stake in Los Angeles Project
Shanghai Greenland Group Co., the developer building one of China's tallest towers, is investing $1 billion in a downtown Los Angeles project, the latest Chinese builder to venture overseas. Shanghai Greenland signed an agreement to acquire a stake in ...

China orders cuts in output
Chinese visitors look at plastic building blocks on display for sale at the Kids Fun Expo in Beijing Thursday, July 25, 2013. A deepening slowdown is challenging Chinese leaders' determination to stick with painful economic reforms they say will ...

Japan pledges support for Philippines as both countries confront China over ...
Japan pledges support for Philippines as both countries confront China over ...

Excellence Group Wins Two Shenzhen Qianhai Plots for $2 Billion
Excellence Real Estate Group Ltd. won the bidding for two commercial sites yesterday in the first land auction of Shenzhen's Qianhai special zone. The Shenzhen, China-based developer will pay 12.4 billion yuan ($2 billion) for the land, according to a ...

RPT-Why China pays too much for medicines
Fri Jul 26, 2013 11:57pm IST. By Ben Hirschler, Ransdell Pierson and Kazunori Takada. July 26 (Reuters) - China has a drug problem. While most Western countries spend 10-12 percent of their healthcare budget on medicines, in China it is well over 40 ...

UPDATE 2-China state media says 18 more detained in GSK probe
Sat Jul 27, 2013 4:48pm IST. BEIJING, July 27 (Reuters) - At least 18 more people have been detained in China in connection with a corruption scandal involving British drugmaker GlaxoSmithKline, state media reported, giving more details on an ...

China's Industrial Profits Growth Moderates as Economy Cools
Growth in Chinese industrial companies' profits slowed in June as the economy cooled, costs rose and prices fell on moderating demand and overcapacity. Net income increased 6.3 percent from a year earlier to 502.4 billion yuan ($82 billion), the ...

Glaxo Employees Held in China Amid Probe
BEIJING—Chinese authorities are holding at least 18 GlaxoSmithKline PLC employees amid a high-profile government probe of the U.K. drug maker's operations in the country. China's state broadcaster China National Radio said in a report late Friday that ...

EU, China Reach Agreement on Solar-Panel Dispute
BRUSSELS—The European Union and Chinese solar-panel producers reached agreement on a multibillion-dollar antidumping dispute, the EU said Saturday, bringing an end to months of fierce negotiations. “I can announce today that I am satisfied with the ...

Japan vows support for Philippines in China row
MANILA, Philippines (AP) — Japanese Prime Minister Shinzo Abe pledged support for Philippine maritime forces on Saturday as both countries confront China in separate territorial disputes. Following a meeting with President Benigno Aquino III in the ...

Chinese, With Revamped Force, Make Presence Known in East China Sea
BEIJING — China launched its revamped coast guard last week and immediately sent four ships, emblazoned with the new red, white and blue logo, to patrol waters off disputed islands in the nearby East China Sea. Enlarge This Image ...

"Giant panda Channel" to hit Chinese Internet
CHENGDU, July 28 (Xinhua) -- From August, Internet users around the world will be able to watch live round-the-clock broadcasts of giant pandas living in southwest China's Sichuan Province, the Chengdu Research Base of Giant Panda Breeding ...

China Plans Urgent Audit of Public Debt
BEIJING—China will conduct an urgent review of overall public debt, highlighting concerns about burgeoning official borrowing that is adding to stress in China's financial system and limiting Beijing's capacity to support flagging growth. In a one ...

Chinese land available for development at record in H1
BEIJING, July 28 | Sun Jul 28, 2013 4:13pm IST. BEIJING, July 28 (Reuters) - Chinese authorities made a record amount of land available for property development in the first half of this year, the official Xinhua news agency reported on Sunday, as ...

Qui makes it nine out of 10 for dominant Chinese
By Iain Rogers. BARCELONA | Sun Jul 28, 2013 12:34pm EDT. BARCELONA (Reuters) - Qui Bo recovered from a shaky start to secure a second straight 10-metre platform gold at the world championships in Barcelona on Sunday as dominant China ended ...

China should probe foreign luxury carmakers over prices: Xinhua
SHANGHAI | Mon Jul 29, 2013 5:59am EDT. SHANGHAI (Reuters) - Foreign carmakers are reaping exorbitant profits selling imported luxury cars in China and should face an anti-trust investigation, the official Xinhua News Agency said, in what may amount to ...

UPDATE 1-Shanghai rebar at 2-1/2-week low on China worries
Mon Jul 29, 2013 1:03pm IST. * Shanghai rebar hits lowest since July 10 * Hurt by concerns about rising debt levels in China * Iron ore under pressure, Rio tender closes at about $3 less (Updates Shanghai rebar close, adds iron ore tender) By Ruby Lian ...

China's 'visit your parents' law weighs on many in one-child nation
BEIJING — Kleenex in hand, the retired farmer in the purple plaid shirt perched behind the plaintiff's table in a rural courtroom and wept as she complained to the judge about her eldest son. For the last year and a half, 78-year-old Li Lanyu said ...


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