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China News 08/2013 (Page 6)



Chinese lawyer says murdered Briton's family's compensation talks see progress
BEIJING — The lawyer for the family of a British businessman murdered by the wife of a former high-flying Chinese politician said Tuesday that some progress has been made in efforts to seek compensation. He Zhengsheng, a Beijing lawyer for the family ...

China Stocks Drop as Everbright Securities, Material Shares Fall
Chinese stocks fell as commodity producers declined and Everbright Securities Co. plunged by the 10 percent daily limit. Railway companies advanced. Everbright Securities' shares traded for the first time since erroneous buy orders roiled the nation's ...

Murder, intrigue, betrayal in China: Ousted politician Bo Xilai's trial to ...
Murder, intrigue, betrayal in China: Ousted politician Bo Xilai's trial to ...

Can China's Show Trial Show the Way to Reform?
When Bo Xilai, the disgraced Chinese Communist leader, is tried this week in the eastern city of Jinan, what's his best defense against allegations of embezzlement, bribery and abuse of power? On a practical level, he has none. The Chinese Communist ...

China's Emerging Civil Society Prompts Fresh Media Crackdowns
Together with his neighbors, journalist Chen Baocheng had been involved in a long-running land-confiscation dispute with the local authorities in Pingdu, a city of about 1.3 million people in the northeastern Chinese province of Shandong. At 10 a.m. on ...

China sees 2nd month of capital outflows in July
BEIJING | Tue Aug 20, 2013 6:06am EDT. BEIJING Aug 20 (Reuters) - China experienced capital outflows for the second consecutive month in July, data showed, suggesting its sluggish economy is still deterring investors although the pace at which money is ...

Bank of East Asia boards express investment train to China
HONG KONG | Tue Aug 20, 2013 6:25am EDT. HONG KONG Aug 20 (Reuters) - Bank of East Asia, a commercial lender in Hong Kong, has been approved to invest in China's bond and stock markets in yuan as the world's second-largest economy steps up ...

NF Energy Signs Energy Service Contract in Dongguan, China
SHENYANG, China, Aug. 20, 2013 /PRNewswire/ -- NF Energy Saving Corporation. (NASDAQ: NFEC) ("NF Energy" or the "Company"), a leading energy saving services and solutions provider for China's power, petrochemical, coal, metallurgy, construction, ...

UPDATE 2-Trina Solar to sell more in China, Japan in second half
Tue Aug 20, 2013 10:24am EDT. * Raises 2014 panel shipments forecast to 2.3-2.4 GW. * Geographic diversification helped mitigate European duties risks: CEO. * Shares rise as much as 10 pct. Aug 20 (Reuters) - Trina Solar Ltd raised its forecast for ...

UPDATE 2-Global steel output up in July on US, Chinese increases
Tue Aug 20, 2013 9:19pm IST. * Global July output 132 mln T, up 2.7 pct from July 2012. * Chinese output 65.5 mln T in July, up 6.2 pct on year. * EU output down 6 pct year-on-year in July. * Iranian production up 16 pct. LONDON, Aug 20 (Reuters ...

China's Retirement Age Sets Experts at Odds
The politically explosive issue of the official retirement age has drawn academics from two of China's most august educational institutions into a public standoff, signaling how closely fought the policy contest over how to cope with the country's ...

China Arrests Investigators Peter Humphrey, Yu Yingzeng
SHANGHAI—A husband-and-wife team of foreign investigators based in China, Peter Humphrey and Yu Yingzeng, were formally arrested in recent days by police in Shanghai, according to a statement issued Wednesday by family members. In a statement to ...

Bo Xilai Supporters Protest on Eve of Trial
Supporters of former Chinese politician Bo Xilai held a small protest outside a courthouse in eastern China where his long-awaited trial begins Thursday. The protesters, which numbered only in the single digits, were watched closely by police outside ...

Tianli Agritech Signs Retail Distribution Agreement with WUSHANG MART
WUHAN CITY, China, Aug. 21, 2013 /PRNewswire/ -- Tianli Agritech, Inc. (NASDAQ:OINK) ("Tianli" or the "Company"), a leading producer of breeder hogs, market hogs and black hogs, headquartered in Wuhan City, China, today announced that the company ...

Exclusive: Tough-talking China pricing regulator sought confessions from ...
Exclusive: Tough-talking China pricing regulator sought confessions from ...

Woman charged after causing Detroit-to-Shanghai flight diversion
By Yereth Rosen. ANCHORAGE, Alaska | Wed Aug 21, 2013 8:57am EDT. ANCHORAGE, Alaska (Reuters) - A woman who screamed profanities and disobeyed crew orders on a Detroit-to-Shanghai flight, causing the pilot to divert to Anchorage, Alaska, was ...

China Real Time: Politics, Cost of Living Push Hong Kong Residents Overseas
Prior to 1997, a flood of residents left Hong Kong's shores, worried about what would happen when the former British colony returned to Chinese control. Now, more than 15 years after the handover, the number of people emigrating from the city has ...

Chinese petitioners see opportunity in reporters gathered for Bo Xilai trial
Police surround a protester outside the Intermediate People's Court where disgraced politician Bo Xilai will soon go on trial in Jinan. (MARK RALSTON/AFP/Getty Images). JINAN, China — With so much international attention focused on what is being ...

ANV Security Group Adds Peking University Shenzhen School of Medicine to ...
ANV Security Group Adds Peking University Shenzhen School of Medicine to ...

Taiwan Markets Open Today as Tropical Storm Moves Toward China
Stocks, bonds and currency markets will resume trading in Taipei today after Severe Tropical Storm Trami unleashed steady rain in northern Taiwan before heading toward southeastern China. Taiwan's personnel administration announced on its website that ...

UPDATE 2-Upbeat China Aug flash HSBC PMI points to stabilising growth
Thu Aug 22, 2013 4:27am EDT. * Aug HSBC flash PMI rises to 50.1 from 47.7 in July. * Aug new orders sub-index hits four-month high of 50.5. * Upbeat PMI points to steadying growth in Q3. * Survey helps lift Asian shares off lows, boosts copper. By ...

Exclusive: China's banks to take next step in rate reform push - sources
By Shengnan Zhang and Hongmei Zhao. BEIJING/HONG KONG | Thu Aug 22, 2013 6:41am EDT. BEIJING/HONG KONG (Reuters) - China's top banks are expected to win approval for the issuance of tens of billions of yuan in negotiable certificates of deposit ...

Charges Revealed in Trial of Bo Xilai
The trial of disgraced Chinese Communist Party star Bo Xilai is under way in the eastern city of Jinan. The WSJ's Jeremy Page reports from outside the courthouse. JINAN, China—Chinese prosecutors unveiled details of charges against former Communist ...

China Watches a Trial Unfold on Social Media
HONG KONG — Even in the inventive annals of Chinese propaganda, it was a first: show trial by microblog. Bo Xilai, the politician whose fall convulsed the Communist Party, stood trial on Thursday, and the government took the unprecedented step of ...

China Manufacturing Grows as Europe Recovery Signs Build
Chinese manufacturing resumed expansion this month after shrinking the most in almost a year in July and output at European factories and services companies improved, a sign the global recovery is strengthening. A preliminary purchasing managers index ...

Why China Is Better Than You Think
Data gets better in China. Risks now to the upside, says Nomura Securities and Barclays Capital. The “imminent” demise of China will have to be postponed…again. The risk to third quarter growth forecasts in the market are now to the upside. On ...

In US, China, Europe, data points to global rebound
NEW YORK/LONDON (Reuters) - Business surveys on Thursday suggested the world economy was on the mend, with U.S. and Chinese manufacturing activity at multi-month highs and better-than-expected growth in the euro zone. The data should bolster ...

UPDATE 1-Lilly says deeply concerned by bribery allegations in China
Thu Aug 22, 2013 11:34am EDT. * Whistleblower tells newspaper Lilly bribes widespread. * U.S. drugmaker says taking allegations seriously. * Foreign pharmaceutical firms under scrutiny in China. SHANGHAI, Aug 22 (Reuters) - U.S. drugmaker Eli Lilly and ...

China becomes world's No. 1 for ... flight delays
SHARE 5 CONNECT 69 TWEETCOMMENTEMAILMORE. HONG KONG (AP) - China's fast growing air travel market is the world's second biggest. But when it comes to flight delays, it's No. 1. Shanghai resident Chen Chen learned the hard way on a recent ...

Plot Twist in Chinese Trial: Official Mounts Feisty Defense
JINAN, China — Bo Xilai, the disgraced politician who fell from the heights of China's political elite, took a pugnacious and defiant stand on Thursday in the opening session of China's most closely watched trial in decades, denying that he and his ...


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