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China News 07/2013 (Page 9)



METALS-Copper near 3-week low on China growth worries
Mon Jul 29, 2013 10:32am EDT. * Copper poised for small monthly gain of 1.7 pct. * Dollar drops to 5-week low vs basket of currencies. * Coming up: U.S. pending home sales at 1400 GMT. By Harpreet Bhal and Maytaal Angel. LONDON, July 29 (Reuters) ...

Worker Group Alleges Abuses at Apple Supplier in China
BEIJING—A new report from a Chinese workers-rights group alleges labor abuses at a major Apple Inc. contractor the company has been using more as it shifts some work from longtime supplier Foxconn. China Labor Watch alleges a number of breaches at ...

UPDATE 2-China agrees to talks on French wine dispute, EU says
Mon Jul 29, 2013 11:43am EDT. * China targeted European wine in response to solar row. * EU, China resolved solar dispute at the weekend. By Robin Emmott. BRUSSELS, July 29 (Reuters) - China has agreed to discuss dropping its inquiry into whether ...

Uganda in talks with Chinese firm to bail out indebted MPs
Mon Jul 29, 2013 12:13pm EDT. * Chinese companies winning many large infrastructure contracts. * Possible deal dismays western diplomats. By Elias Biryabarema. KAMPALA, July 29 (Reuters) - The Ugandan parliament is in talks with a Chinese company ...

Son of Fallen Chinese Official Enrolls at Columbia Law School
The youngest son of Bo Xilai, the former senior Communist Party official now awaiting a criminal trial, has enrolled at Columbia Law School and is expected to begin studies this fall, according to a family associate and a person from Beijing with high ...

China vows to keep growth steady, fine-tune policy in second-half
BEIJING | Tue Jul 30, 2013 7:06am EDT. BEIJING (Reuters) - China's politburo, the country's top decision-making body, pledged on Tuesday to keep economic growth stable in the second half by fine-tuning policies, while pressing ahead with reforms and ...

China's shale auction winners barely start seismic work
By Chen Aizhu. BEIJING, July 30 | Tue Jul 30, 2013 5:13pm IST. BEIJING, July 30 (Reuters) - Most of the companies that won blocks in China's second shale gas auction have barely started seismic work seven months later because of lack of expertise or ...

China grapples with understanding spate of random violence
A Chinese police officer waving crowds back as dense white smoke drifted across Beijing's international airport terminal 3 after a man in a wheelchair ignited a home-made explosive device injuring himself but no others. (Stephanie ...

China's Communists warn cadres: No wine at lunch
BEIJING (AP) — Lavish weddings, fancy holidays and lunchtime wine on the public dime were among transgressions detailed Tuesday that led China's ruling Communist Party to discipline 2,290 officials so far this year in a frugality campaign aimed at ...

13th-Century Alleyways and a Modern Plague of Illegal Renovations
BEIJING — Wang Xue stood in the middle of his courtyard house, next to a pomegranate tree. It could have been a scene out of a Tang dynasty poem but for the sound of a jackhammer and a layer of construction dust that thinly caked the rows of potted ...

China's Spending on Renewable Energy May Total 1.8 Trillion Yuan
China's spending to develop renewable energy may total 1.8 trillion yuan ($294 billion) in the five years through 2015 as part of the nation's efforts to counter climate change, according to a government official. China may invest another 2.3 trillion ...

Art a universal language for Ind. teacher in China
MADISON, Ind. (AP) — After only a few weeks into retirement from Prince of Peace Schools, Carole Williams again found herself inside a classroom teaching youngsters. Only this time, instead of Shawe Memorial or Pope John, she was on the opposite side ...

Most Emerging Stocks Rise With Chinese Lenders; Uralkali Falls
Most emerging-market stocks rose as Chinese lenders gained after the central bank added money to the financial system. OAO Uralkali, the world's biggest potash producer, sank the most since 2009. China Minsheng Banking Corp. (1988) advanced 2.3 ...

China Stocks Rise, Capping Monthly Gain as Property Shares Rally
China's stocks rose, capping gains for the benchmark index this month, as real-estate developers, cement companies and household-appliance makers rallied on speculation the government may loosen property curbs. China Vanke Co. (000002) and Poly ...

China Stocks World's Worst Losing $748 Billion on Slump
Four years after China's growth helped lead the global economy out of a recession and won the admiration of luminaries from billionaire George Soros to Nobel laureate Joseph Stiglitz, the nation's stock market has lost more money for investors than any ...

China's Bo to plead guilty, but maybe not to all charges: sources
By Benjamin Kang Lim and Ben Blanchard. BEIJING | Wed Jul 31, 2013 8:58am EDT. BEIJING (Reuters) - Disgraced Chinese leader Bo Xilai has agreed to plead guilty at a trial likely to be held within weeks, three sources said, in an apparent bid to earn a ...

Insight: Corporate sleuths on edge after China detains foreign consultants
By Alexandra Harney. SHANGHAI | Wed Jul 31, 2013 6:13am EDT. SHANGHAI (Reuters) - The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into pharmaceutical giant ...

China's Xi says seeks peace in sea disputes but must be alert
BEIJING | Wed Jul 31, 2013 11:14am EDT. BEIJING (Reuters) - Chinese President Xi Jinping told his Politburo on Wednesday the country wanted to resolve its maritime territorial disputes peacefully and through talks, but would not compromise on ...

China's 58.com Listings Website Said to Plan US IPO This Year
58.com, a Chinese local classified-ad website, plans to seek at least $100 million in an initial public offering in the U.S. this year, said people familiar with the matter. The company is working with Credit Suisse Group AG and Morgan Stanley, said ...

Beijing Rolls Out Carpool Campaign
BEIJING — For more than a decade, Wang Yong has been on a one-man crusade in Beijing, giving others rides into the city. “I've been carpooling for 15 years and for the first 13 years I've done it alone,” said Wang. “Every day when I was going to work ...

China to invest $375 billion on energy conservation, pollution: paper
SHANGHAI | Tue Jul 30, 2013 9:22pm EDT. SHANGHAI (Reuters) - China plans to invest 2.3 trillion yuan ($375 billion) in energy saving and emission-reduction projects in the five years through 2015 to clean up its environment, the China Daily newspaper ...

Fix Overcapacity, or Go for Growth? China Waffles
So what's it going to be? Maintaining high-speed economic growth, or cleaning up overcapacity in steel, aluminum, cement, and shipbuilding? For now, Chinese officials are sounding like they want it both ways. That, however, may be an impossible ...


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