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China News 08/2013 (Page 2)



China's Biggest Corruption Trial in Decades Remains a Mystery
BEIJING — Disgraced Chinese politician Bo Xilai could face trial in China in a matter of days or weeks. Although Bo's case is one of China's biggest political scandals in decades, very little is known about the crimes he is accused of committing. And ...

China Scrutinizes 2 Apple Suppliers in Pollution Probe
KUNSHAN, China—Chinese regulators are scrutinizing two suppliers to Apple Inc. and other gadget makers following allegations by environmental groups that plants run by the two companies are pumping large amounts of toxic heavy metals into nearby ...

China May Relax One-Child Policy
August 5 (Bloomberg) -- Ted Fishman, author of “China Inc.”, discusses a possible relaxation of the one child rule in China and the effect on their economy. He speaks on Bloomberg Television's “Market Makers.” (Source: Bloomberg). Please enable ...

Cannes Villa Is Expected to Play Role in Bribery Case Against Chinese Ex-Official
BEIJING — More than a decade ago, a mysterious foreign buyer looking for property in France settled on a villa along the sun-bleached Riviera. The house later became tied to a British businessman, Neil Heywood, whose death in 2011 in China set in ...

China's Surging Debt Pressures Xi-Li to Avert Lost Decade (2)
A Chinese lending spree of the magnitude that tipped Asian nations into crisis in the late 1990s and preceded Japan's lost decades is putting pressure on top leaders to map out a strategy to tackle the threat. Half of the economists in a Bloomberg News ...

The Changing State of Smartphone Competition in China
Lei Jun, the chief executive of Xiaomi, a Chinese mobile company, at the Jason Lee/ReutersLei Jun, the chief executive of Xiaomi, a Chinese mobile company, at the introduction of the company's Xiaomi Phone 2 last year. Will Android, a “little rice” and ...

China heads to Moscow with one eye on Beijing 2015
BEIJING (AFP) – With the Liu Xiang era limping to a close, China's focus is squarely on Beijing 2015 as an emerging group of competitors test themselves at the world championships in Moscow. Track and field hopes for the world's most populous nation ...

China Ramps Up Criticism of Foreign Baby Formula After Tainted-Milk Scare
BEIJING--China is taking aim at foreign dairy brands amid rising worries over tainted supplies from New Zealand. But to boost its owned tarnished industry, it has to win over customers like Wang Suhong. Ms. Wang, who said she is expecting her first ...

Is China's vast Web monitoring actually helping to grow democracy?
China's famously invasive and restrictive Internet regime is taking on a new mission: trying to understand Chinese popular opinion instead of merely seeking to control it. In addition to censoring or discouraging talk on sensitive topics, the Chinese ...

Tempting China's Low-End Smartphone Buyers
In the same week that Motorola and Google (GOOG) launched the new Moto X smartphone in New York, the Chinese mobile-phone company Xiaomi unveiled a new model in Beijing that also has potential to reshape a domestic smartphone market. Like the ...

Chinese baby 'sold by doctor' reunited with parents
BEIJING, China (AFP) – A baby boy allegedly sold by the doctor who delivered him in China has been reunited with his parents, state media reported Tuesday, in a case highlighting the problem of child trafficking. Zhang Suxia, the doctor responsible for ...

China's State Shipyards Help Widen Lead Over Korea in Orders
China widened its lead over South Korea as the world's biggest shipbuilding nation as state-backed yards won contracts for complex gas-carriers while private facilities in the country struggle for funds. China won orders to make ships with a capacity ...

China policy mantra signals privatization, securitization: official
SHANGHAI – Ever since Chinese Premier Li Keqiang used the cryptic phrase "revitalize the stock" in an official policy statement in June, market watchers have pondered what policies it entails. A central bank official has told Reuters that according to ...

China's Yangzijiang navigates rough seas, but raises warning signal
By Rujun Shen. SINGAPORE | Wed Aug 7, 2013 6:35am EDT. SINGAPORE Aug 7 (Reuters) - Yangzijiang Shipbuilding (Holdings) Ltd, China's second-largest listed shipbuilder, is standing tall in an industry battered by a supply glut and lack of new orders, ...

Earnings disappointment may stall chase for outperforming China stocks
By Clement Tan. HONG KONG | Wed Aug 7, 2013 9:53am IST. HONG KONG Aug 7 (Reuters) - Chinese companies still able to report healthy profits could see their shares trim sharp gains if earnings disappoint, narrowing a yawning gap with firms struggling ...

Lenovo Plans to Open About 7 More Flagship Stores Across China
Lenovo Group Ltd. (992) plans to open about seven more flagship stores in China by 2016 as the world's largest maker of personal computers accelerates its push into smartphones and tablets. The retail outlets would be company-owned and are planned for ...

Clive Palmer's `Mad' Mine Costs China on Learning Curve
Clive Palmer, the mining magnate planning a Titanic replica, once said rivals called him “mad” to consider mining low-grade iron ore in Australia's outback. Then China agreed to build the project for $2.5 billion. Seven years later, the world's biggest ...

China Railway Corp. Plans First Train Purchase of $8.2 Billion
China's state-owned railway company will spend more than 50 billion yuan ($8.2 billion) in its first large-scale train purchases to meet rising transport demand even as the economy slows, Xinhua News Agency reported. Newly formed China Railway Corp., ...

Exclusive: China OKs entry of first big cargo of Argentine corn
By Hugh Bronstein. BUENOS AIRES | Wed Aug 7, 2013 12:02pm EDT. BUENOS AIRES (Reuters) - China has approved its first major shipment of genetically modified Argentine corn, Buenos Aires officials said on Tuesday, signaling an increase in ...

China Developers' Plans Raise Hopes for Policy Shift
SHANGHAI—Two small Chinese property developers said Wednesday they hope to raise a combined 3.3 billion yuan ($539 million) through bond and stock sales, boosting hopes that regulators will open the taps to fresh capital for cash-squeezed real-estate ...

China Trade Rebounds in Further Sign Economy Stabilizing
China's exports and imports rebounded by more than estimated last month, adding to signs that the economy is stabilizing following a two-quarter slowdown. Shipments abroad rose 5.1 percent from a year earlier, the General Administration of Customs said ...

One-child policy leaves some Chinese fearful
Children's deaths in China are magnified by the cultural imperative of descendants and increasing financial pressures for the elderly. Xu Min, 53, of Beijing and his wife lost their 23-year-. 1 / 10. Rate this Photo: 1 2 3 4 5. Buy this Photo; Thumbs ...

Japan protests to China after ships linger near isles
TOKYO | Thu Aug 8, 2013 12:03pm EDT. TOKYO (Reuters) - Four Chinese ships spent more than 24 hours in what Japan sees as its territorial waters, prompting a Japanese protest to China on Thursday at a time when Tokyo has been signaling its desire for ...

GLOBAL MARKETS-Robust China data lifts shares, Fed fears linger
Thu Aug 8, 2013 8:11am EDT. * Trade growth eases fears over slowdown in China. * MSCI's world share index ends three-day losing streak. * Wall St seen higher, Europe's shares resume 6-week rally. * Dollar at 7-week lows on Fed tapering bets. By Richard ...

China Trade Data Beat Forecasts
BEIJING—China's economy is showing signs of stabilizing after a six-month slowdown, a prospect that could boost the outlook for world growth as the U.S. steadily improves and Europe edges out of recession. Enlarge Image. image. Close. image. Agence ...

Jailed Chinese activist releases defiant video calling for democracy, citizens ...
Jailed Chinese activist releases defiant video calling for democracy, citizens ...

Psst, Chinese State Media: It's Satire
One element so often lost in translation is humor. This week, Xinhua, China's state-run newswire, picked up and translated a satirical blog post from The New Yorker's Borowitz Report as though it were straight news reporting: “Amazon founder says he ...

Emerging-Market Stocks Advance on China Exports as Vale Rallies
Emerging-market stocks rebounded from a one-month low as an increase in Chinese (SHCOMP) exports lifted commodity producers from Vale SA to KGHM Polska Miedz SA. The Budapest Stock Exchange Index climbed the most in 11 months. The MSCI ...

Chinese Obstetrician Nabbed in Baby Sales
Police in China's northwestern Shaanxi province have rescued a newborn baby boy allegedly sold by an obstetrician, leading them to suspect the doctor scammed at least 10 more parents out of their newborns from the same hospital. Surveillance footage ...

China's output data adds to case for economy steadying
By Koh Gui Qing and Langi Chiang. BEIJING | Fri Aug 9, 2013 2:42pm IST. BEIJING (Reuters) - China's factory output grew in July at its fastest pace since the start of the year, adding to a run of data suggesting the world's second-largest economy may ...


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