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China News 09/2013 (Page 7)



That's entertainment: Stars come out as China's richest man announces $8 ...
That's entertainment: Stars come out as China's richest man announces $8 ...

Venezuela receives $5 bn credit line from China
BEIJING (AFP) – Visiting Venezuelan President Nicolas Maduro met his Chinese counterpart Xi Jinping on Sunday, and said Beijing has granted his country a $5 billion credit line. Maduro, vowing to strengthen the partnership established by his late ...

Typhoon Usagi Reaches China
Dark clouds hung low over Hong Kong's Victoria Harbor on Sunday, as Typhoon Usagi advanced on the city. Associated Press. HONG KONG—Typhoon Usagi made landfall in China's southern Guangdong province on Sunday night, killing two people and ...

Bo Xilai's Life Sentence Reveals China's Leadership Problem
A court in East China sentenced former top Chinese official Bo Xilai to life in prison for corruption after one of the highest-profile political trials of recent years. Media coverage of the court hearings transfixed audiences with details of murder, a ...

China Manufacturing Gauge Increases to Six-Month High
A Chinese manufacturing index (SHCOMP) rose to a six-month high in September, signaling that a rebound in the world's second-largest economy is gaining steam. The preliminary reading of 51.2 for a Purchasing Managers' Index released today by HSBC ...

Chinese government sees its own reflection in water crisis
By David Stanway. BEIJING | Mon Sep 23, 2013 6:11am EDT. BEIJING (Reuters) - For China, global warming has become something of a convenient truth. Beijing blames climate change for wreaking havoc on scarce water resources, but critics say the ...

China's Xi stamps authority on party with Bo verdict
By Benjamin Kang Lim and Adam Rose. BEIJING | Mon Sep 23, 2013 9:59am EDT. BEIJING (Reuters) - With ousted senior politician Bo Xilai jailed for life, Chinese President Xi Jinping has stamped his authority on the Communist Party by effectively warning ...

UPDATE 1-China releases list of goods banned from export to N. Korea
Mon Sep 23, 2013 5:53pm IST. (Adds comment from an expert on China-North Korea relations). By Megha Rajagopalan. BEIJING, Sept 23 (Reuters) - China has released a list of technologies and goods banned from export to North Korea because of their ...

Tycoon plans $8 billion Chinese Hollywood
Catherine Zeta Jones attends the launching ceremony of Qingdao Oriental Movie Metropolis in Qingdao in east The Associated Press Catherine Zeta Jones attends the launching ceremony of Qingdao Oriental Movie Metropolis in Qingdao in east China's ...

Danone's Dumex to Release China Investigation Report This Month
Danone's Dumex unit said the results of an investigation into allegations that the brand paid hospital doctors and nurses in China to sell its baby formula will be released by the end of this month. “A thorough investigation was launched a few days ago ...

China, Europe orders signal economic healing but US disappoints
By Jonathan Cable and Steven C. Johnson. LONDON/NEW YORK | Mon Sep 23, 2013 10:25am EDT. LONDON/NEW YORK (Reuters) - A flood of new orders gave a boost to European and Chinese firms in September although weakness in U.S. factory ...

China gets 12.5 percent stake in Russia's Uralkali
By Polina Devitt. MOSCOW | Tue Sep 24, 2013 3:10am EDT. MOSCOW (Reuters) - China, the world's largest consumer of potash, has acquired a 12.5 percent stake in Russia's Uralkali (URKA.MM), the world's largest producer of the soil nutrient, via its ...

UPDATE 2-China says only "heavy punches" will dent rising monopoly behaviour
Tue Sep 24, 2013 6:59am EDT. * More investigations to follow: antitrust official. * Investigations not targeted at specific companies. * NDRC probing bank charges on smaller firms. By Xiaoyi Shao and Michael Martina. BEIJING, Sept 24 (Reuters) - A ...

Pingtan Marine Enterprise Announces Presentation at the 8th Annual China ...
Pingtan Marine Enterprise Announces Presentation at the 8th Annual China ...

Praxair China Opens Global Technology Center in Shanghai, China
Praxair China Investment Company, a subsidiary of Praxair, Inc. (NYSE:PX), today announced the opening of its state-of-the-art global technology center in Shanghai, supporting the company's development and implementation of innovative applications ...

China's fallen politician appeals guilty verdict
BEIJING (AP) — Disgraced Chinese politician Bo Xilai has appealed his guilty verdict, a person close to the case said Tuesday, in a rare move that is consistent with his defiant stance but unlikely to change the outcome. The person with direct ...

Growing Concerns About Pollution And Public Health In China
Recently I was invited to the Beijing apartment of a Chinese friend in his mid-20s. An attentive host, he brought out a tray of washed grapes, but looked dubious when I was about to simply eat one. Because the grapes were almost surely sprayed with too ...

China Bans Some Exports to North Korea for Fear of Weapons Use
BEIJING — In a sign of increasing concern about North Korea's nuclear ambitions, China published a list on Tuesday that included military-like hardware and chemical substances to be banned from export to North Korea for fear that they could be used in ...

Pesek on Asia: China's Enron Economy, Asia's Millionaires
Good morning. Here's my take on some of the stories driving the debate in politics, finance and social issues across Asia today: Chanos unimpressed by China's Enron economy. Investors giddy about China's buoyant industrial production and retail sales ...

Second Danone unit probes bribery allegations in China
By Adam Jourdan. SHANGHAI | Wed Sep 25, 2013 5:11am EDT. SHANGHAI (Reuters) - Danone SA's advanced medical nutrition unit Nutricia has started an internal investigation after a Chinese newspaper published a report alleging it had bribed more than ...

Star Cable, supplier to China's CNPC, says unable to contact top executives
By Charlie Zhu. HONG KONG | Wed Sep 25, 2013 5:23am EDT. HONG KONG (Reuters) - The travails of companies working for oil giant PetroChina and its parent China National Petroleum Corp (CNPC) took another twist on Wednesday when one supplier ...

UPDATE 1-Taiwan's Aug export orders barely grow, China demand stalls
Wed Sep 25, 2013 5:24am EDT. * Orders from China +0.1 y/y, US +9.1 pct. * Taiwan orders 'lacking support' - economist. By Michael Gold and Roger Tung. TAIPEI, Sept 25 (Reuters) - Taiwan's export orders in August came in well below expectations, with ...

Volkswagen Expanding Production in China
FOSHAN, China — Volkswagen plans to double production capacity at a newly opened factory in the southern Chinese city of Foshan, its chief executive for China said on Wednesday. Volkswagen, the top European carmaker, is attempting to grab more ...

Airbus scores in China's domestic aviation market with $6 billion in deals
BEIJING | Wed Sep 25, 2013 10:34am EDT. BEIJING (Reuters) - Airbus (EAD.PA) has landed deals with Chinese companies for almost 70 aircraft worth around $6 billion, as it increases its footprint in what it expects to become the largest domestic aviation ...

China's Jiangsu province takes measures to rein in debt
BEIJING | Wed Sep 25, 2013 10:02am EDT. BEIJING (Reuters) - China's eastern province of Jiangsu is set to tighten the rules for land sales by local authorities from next month, in the first such step by local governments to rein in debt problems. To ...

Street Vendor's Execution Stirs Anger in China
BEIJING — There was never any doubt that Xia Junfeng was a killer: Four years ago, in a flash of panic and fear, he stabbed to death two urban enforcement officials who had sought to punish him for operating an unlicensed shish kebab stall. World ...

Second Danone Unit Commences Probe Into Chinese Bribery Claims
A second unit of Danone started an internal investigation following a report of bribery in China. Nutricia China “pays serious attention to the recent media coverage,” spokeswoman Ada Zhao said by e-mail yesterday. She was responding to a 21st Century ...

China Makes Play For African Iron Ore
China's demand for steel has fueled a spectacular rise in the price of iron ore. Phto- Reuters. If there's any subtext underlining China's bid for a minority stake in a $6 billion African iron ore mine, it's that the world's largest steel factory is ...

Xylem wins largest ozone contract in China
Xylem Inc. (NYSE:XYL), a leading global water technology company focused on addressing the world's most challenging water issues, announced today that it has won a contract worth RMB 11.48 million (U.S. $1.87 million) to provide an ozone generation ...

Can The Next Samsung Come From China?
In 1989, Herman Lo founded Hu Fong Industrial Company to design, manufacture, and market plastic baby toys. Headquartered in Hong Kong, Fu Hong won contracts to manufacture baby care items for global brands such as Gerber and Disney. The molder ...


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