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China News 09/2013 (Page 3)



China's August commodities imports fall from highs but stay elevated
By Fayen Wong. SHANGHAI | Sun Sep 8, 2013 12:49am EDT. SHANGHAI (Reuters) - China's imports of crude oil, iron ore, copper and soybeans fell in August from July's record highs, but shipments stayed at elevated levels as manufacturing activity in the ...

Chinese mock state media for 2020 Olympics blunder
BEIJING (AFP) – Chinese Internet users on Sunday mocked state media for mistakenly reporting Istanbul would host the 2020 Olympic Games, the latest in a series of gaffes by the government-backed press. Xinhua News Agency reported that Istanbul had ...

Droopy Beijing duck gets a breath of fresh air
BEIJING | Sun Sep 8, 2013 6:38am EDT. BEIJING (Reuters) - It would never have been allowed on the table in the home of Peking duck, but at least a giant rubber duck gracing a Beijing park will now have the taut, crisp skin required of its culinary peer ...

China Industrial-Resource Imports Stay Strong
BEIJING—China maintained robust import levels for industrial resources in August on state-led infrastructure construction and inventory restocking. However, volumes softened slightly from July. Imports of iron ore and copper reached their second ...

China Trade Rebounds in Further Sign Economy Stabilizing
China's exports increased more than estimated in August, adding to evidence the world's second-largest economy is rebounding after a two-quarter slowdown. Overseas shipments rose 7.2 percent from a year earlier, the General Administration of Customs ...

Premier calls for new urbanization strategies
China should manage the pace and quality of its inevitable urbanization, Premier Li Keqiang said at a recent conference with the nation's top scholars. New challenges will certainly arise in urbanizing and modernizing, given the country's population of ...

China Aug inflation another sign economy is stabilizing
BEIJING | Mon Sep 9, 2013 7:00am EDT. BEIJING (Reuters) - Muted inflation data on Monday added to a run of August figures suggesting the protracted slowdown in China's economy may be bottoming out, helped by targeted support measures and signs of ...

Economy in China Benefits From Stronger US Demand
BEIJING—China's economy showed fresh signs of resilience in August, with trade data pointing to a sustained strengthening in global demand for goods from the country. Enlarge Image. image. Close. image. Exports continued to gather steam, rising 7.2 ...

China threatens tough punishment for online rumor spreading
BEIJING | Mon Sep 9, 2013 6:02am EDT. BEIJING (Reuters) - China unveiled on Monday tough measures to stop the spread of what the government calls irresponsible rumors, threatening three years in jail if untrue posts online are widely reposted, drawing ...

Economic Reports Ease Concerns in China
HONG KONG — China's trade surplus rose in August to its highest level this year, while inflation remained under control, government data released on Sunday and Monday showed, in further signs that the Chinese economy and possibly the global economy ...

No Olympic congrats to Tokyo from China amid spat
BEIJING -- China isn't extending any congratulations to Tokyo on winning its Olympic bid amid a bitter diplomatic feud over islands claimed by both. Foreign Ministry spokesman Hong Lei twice refused to say whether congratulations would be forthcoming ...

Do China's Strong Exports Herald Economic Recovery?
Is the economic recovery going to last? That's certainly what some are starting to believe as China's recent monthly surveys have reported renewed expansion of its manufacturing and service sectors. JPMorgan & Chase (JPM), Deutsche Bank (DB), and ...

PBOC's Zhou Says China LGFV Reliance on Land Sales Is 'Problem'
Chinese local government financing vehicles' reliance on land sales and rising land prices to repay debt creates “problems,” People's Bank of China Governor Zhou Xiaochuan wrote in a commentary. LGFVs are similar to municipal bonds in more mature ...

JA Solar to Supply 96 MW of Modules to China Power Investment for Projects in ...
JA Solar to Supply 96 MW of Modules to China Power Investment for Projects in ...

China flotilla in Japan disputed island waters
TOKYO (AFP) – Eight Chinese ships were in waters around islands at the centre of a bitter dispute with Japan on Tuesday, as Tokyo said it had not ruled out stationing officials there. The moves came the day before the first anniversary of Tokyo's ...

China's Auto Sales Rose in August
SHANGHAI—China's passenger-vehicle sales rose 11% on-year in August, the fastest gain in four months, on strong demand from lower-tier cities, which are less affluent but have huge untapped markets. Car makers in China sold a total of 1.35 million ...

GLOBAL MARKETS- China data boosts stocks, Syria diplomacy cools oil
Tue Sep 10, 2013 8:32am EDT. * European stocks rise, Asian ex-Japan hit 3-month highs. * Oil pressured as Syria worries recede further. * Wall Street seen opening 0.6-0.7 percent higher. * China industrial output, retail sales add to optimism. * Safe ...

Infrastructure Rebound Boosts China Thanks To Record-Breaking Shadow Bank ...
Infrastructure Rebound Boosts China Thanks To Record-Breaking Shadow Bank ...

Copper Clings to Gains as Traders Weigh Syria, Strong China Data
NEW YORK--Copper futures were higher Tuesday as stronger-than-expected industrial production data from China helped offset pressure from a stronger dollar and worries about Syria. Copper for December delivery, the most active contract, was up 0.60 ...

China Cracks Down on Viral Web Posts
The icon of mobile messaging app Weixin, or WeChat, of Tencent, center, is seen on the screen of an Apple iPhone smartphone in Shanghai, China, 5 April 2013. Email · Print; Share. Facebook · Twitter · Tumblr · LinkedIn · StumbleUpon · Reddit · Digg ...

China Industrial Output Reaches 17-Month High
An employee welds metalwork during the manufacture of bicycles at the Giant Manufacturing Co. Ltd. factory in the Kunshan area of Suzhou, Jiangsu Province. Photographer: Nelson Ching/Bloomberg. China's industrial output grew at the fastest pace in 17 ...

Emerging Stocks Rise on China Data as Syria Concern Eases
Emerging-market stocks advanced to a three-month high as China's industrial production data beat estimates and concern over a U.S.-led strike in Syria eased. India's rupee capped the biggest four-day gain since 1973. The MSCI Emerging Markets Index ...

China Cracks Down on Online Opinion Makers
HONG KONG — These are bad times to be a Big V in China. World Twitter Logo. Connect With Us on Twitter. Follow @nytimesworld for international breaking news and headlines. Twitter List: Reporters and Editors. “Big V,” for verified account, is the ...

China's Stock Index Rises to Three-Month High Amid Credit Growth
China's benchmark stock index rose to a three-month high after credit growth rebounded and brokerages from Deutsche Bank AG to UBS AG boosted their forecasts for the nation's economic expansion. Aluminum Corp. of China Ltd., also known as Chalco, ...

China Shares End Higher for Fourth Session; Cyclical Stocks Jump
SHANGHAI--China's shares ended higher Wednesday for the fourth straight session, as investors picked up cyclical stocks that lagged broader-market gains in the first half of the year following fresh signs of an economic recovery. The benchmark Shanghai ...

China Orders Energy Officials to Surrender Passports in Graft Probe
The entire management of China's largest oil-and-gas producer has been ordered to surrender passports in a sweeping graft probe, but the move has already been depicted as ineffective. Beijing-based newspaper Securities Daily reported on Tuesday that ...

China drugmaker Gan & Lee investigating allegations it paid $130 mln in bribes
By Adam Jourdan. SHANGHAI, Sept 11 | Wed Sep 11, 2013 6:11am EDT. SHANGHAI, Sept 11 (Reuters) - Chinese insulin maker Gan & Lee Pharmaceuticals said on Wednesday it was investigating allegations published in a newspaper that it spent around ...

Apple Offers New IPhones For China's Two Smaller Carriers
Apple Inc. (AAPL) is offering its newest iPhones through China's smaller wireless carriers and has yet to announce a deal with China Mobile Ltd. (941), which has a customer base more than twice the size of the U.S. population. The 5S and 5C models are ...

China Seeks Private-Sector Cash for Warships
HONG KONG — The state-backed China Shipbuilding Industry plans to raise as much as 8.48 billion renminbi through a private share sale to buy assets used for building warships, the first time Beijing is tapping the capital market to fund its military ...

'Budget' iPhone disappoints target market China
New Apple iPhone 5S and 5C debut in China to not so rave reviews. apple_china001. A woman uses a mobile phone as she walks past an Apple iPhone 5 poster on Sept. 11 in Beijing. Apple's lower-cost iPhone 5C will retail for more than $700 in China, ...


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