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China News 10/2013 (Page 5)



China wants to de-Americanize the world
Nigam Arora is an engineer, nuclear physicist, author, and entrepreneur and the founder of two Inc. 500 fastest growing companies. He is also the developer of the ZYX Change Method to profit from change by investing. The premise is that most money is ...

L&L Establishes First Clean Energy Partner In China
SEATTLE, Oct. 15, 2013 /PRNewswire/ -- L & L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the Company"), a U.S.-based company with profitable energy (coal) operations in China, and seeking to expand into China's clean and environmental initiatives, ...

Beijing Airport Bomber Receives 6-Year Sentence
A man who took a bomb inside Beijing's airport in hopes of winning redress over an alleged beating by authorities that partially paralyzed him was sentenced Tuesday to six years in prison for the explosion. Former motorcycle taxi driver Ji Zhongxing ...

China's Retail Grocers Consolidate Further
Chinese supermarket chain Wumart Stores Inc. will acquire stores and an equity stake from a local rival for about US$372 million in cash and stock, in the latest move to consolidate China's fragmented retail grocery market. Wumart said Tuesday that it ...

China, UK Sets Deals to Increase Yuan's Role
BEIJING—The U.K. and China unveiled plans to further bolster China's long-restricted currency on the world stage, amid a number of other deals that signal that the two countries have reset relations following a visit to London by the Dalai Lama last ...

Tri-Tech Holding Updates the Sales of Land in Baodi, China
BEIJING, Oct. 15, 2013 /PRNewswire/ -- Tri-Tech Holding Inc. (Nasdaq: TRIT), which provides turn-key water resources management, water and wastewater treatment, industrial safety and pollution control solutions, announced today that the sale of the ...

China media call for 'de-Americanized world'
Economic allies and competitors of the United States are taking a dim view of the government shutdown and looming default — notably the nation's biggest creditor, China. An op-ed by the China state news agency Xinhua calls on other countries to rely ...

China mocks US as possible default looms, but as our biggest investor, China ...
China mocks US as possible default looms, but as our biggest investor, China ...

GSK's Reilly assisting anti-bribery authorities in China
By Ben Hirschler. LONDON | Wed Oct 16, 2013 7:01am EDT. LONDON (Reuters) - Mark Reilly, GlaxoSmithKline's former head of operations in China, is helping anti-corruption officials in the country who are investigating allegations of extensive bribery by ...

China to Review Fiscal Reform at Key Party Meeting -Researcher
BEIJING--Reform of China's fiscal system will be on the agenda of a key Communist Party meeting next month, and local governments could end up with more revenue, a senior government researcher said Wednesday. "Fiscal reform will definitely be ...

China Economists Vent Frustrations Over US Debt Impasse
Like much of the world China has watched nervously as the U.S. appears unable to resolve its impasse over government debt. For China—the biggest foreign holder of U.S. government securities—the stakes are particularly high. So when the country's ...

China Sends Riot Police to Block New Protests by Flood Victims
BEIJING — Authorities in eastern China dispatched riot police on Wednesday to guard against a resumption of anti-government protests after a day of clashes pitting security forces against thousands of victims of the worst floods in a century. On ...

Inside The 2013 Forbes China 400: Facts And Figures On China's Richest
The 2013 edition of the Forbes China Rich List published today identifies a record 168 billionaires from the country, surpassing the previous high of 146 in 2011 and last year's total of 113. The increase adds to China's standing as a country with one ...

UPDATE 2-Iraq says China seeking 70 pct more crude in 2014
Wed Oct 16, 2013 9:15am EDT. * China seeks 850,000 bpd of Iraqi crude for 2014 - Iraq min. * Iraq sees 4th crude export terminal to start by end-Q1, 2014. * Total export capacity to reach 4 mln bpd. * OPEC members should accommodate any return of Iran ...

China plan to ban HIV-infected bathers criticized
BEIJING (AP) — China's Commerce Ministry has begun to backtrack on a proposal to ban HIV-infected people from the country's public bathhouses after the plan was criticized by government health experts as unnecessary and discriminatory. The ban was ...

Seeing Its Own Money at Risk, China Rails at US
WASHINGTON — China has become shrill in its criticism of the fiscal train wreck in the United States, arguing that the answer to a potential government default is to begin creating a “de-Americanized world.” Beijing's alarm is understandable, given ...

China warns of slowing demand from emerging markets
BEIJING | Thu Oct 17, 2013 6:21am EDT. BEIJING (Reuters) - China's exporters face a difficult time in coming months as demand from emerging markets slows, the Chinese trade ministry warned on Thursday after the latest trade data showed sales to ...

China says to raise land supply for development in Q4
BEIJING | Thu Oct 17, 2013 3:46am EDT. BEIJING Oct 17 (Reuters) - China will further increase the supply of land for residential property development in the fourth quarter, the Ministry of Land and Resources said on Thursday, as it steps up efforts to ...

ChinaEdu Corporation Files 6K Regarding Variable Interest Entity, Beijing ...
ChinaEdu Corporation Files 6K Regarding Variable Interest Entity, Beijing ...

China steam coal prices up 1st time in 11 months, stoke recovery hopes
Thu Oct 17, 2013 7:28am EDT. * Bohai-Bay index-based coal prices up 1 yuan in week to Oct. 16. * Prices still down 16 pct so far in 2013, hover near 4-yr low. * Price gains seen in check by ramped up output from mines in Q4. By Fayen Wong. SHANGHAI ...

China's Companies Most at Risk for Corruption, Says Transparency International
Maybe Xi Jinping is on to something. Early this year, China's president vowed to “fight corruption at every level, punish every corrupt official, and eradicate the soil that breeds corruption.” Neither high-level officials or “tigers” nor low ranking ...

Iron Ore Futures Debut in Dalian as China Seeks Pricing Power
Iron ore futures for physical delivery debut on the Dalian Commodity Exchange today as China takes greater control of price setting in the biggest seaborne commodity trade after oil. The market opens at 9 a.m. local time for seven monthly contracts for ...

Driving in Beijing may depend on license plate number
BEIJING — Pollution is so bad in Beijing that the government will order drivers to alternate days in which they can get behind the wheel. China state news agency Xinhua said Thursday that the Beijing Municipal Government will issue an emergency ...

US businessman accused of being mob boss in China
BEIJING (AP) — When more than 500 policemen swooped in to arrest 40 suspected gangsters in southern China last year, the alleged kingpin was a Los Angeles businessman who had hoisted an U.S. flag amid a crowd to welcome Xi Jinping, now China's ...

China Growth Rebounds After Li Stimulus to Meet Target
China's economic growth accelerated for the first time in three quarters, as Premier Li Keqiang spurred factory output and investment to meet the government's expansion goal for 2013. Gross domestic product rose 7.8 percent in the July-September period ...

As US averts default, Japan and China brace for next dollar drama
By Wayne Arnold and Leika Kihara. HONG KONG/TOKYO | Fri Oct 18, 2013 7:35am EDT. HONG KONG/TOKYO (Reuters) - Deal or no deal, the U.S. Congress' dance with default impressed policymakers and investors in China and Japan with just how ...

China outraged as Japanese lawmakers visit shrine to war dead
By Elaine Lies. TOKYO | Fri Oct 18, 2013 11:07am EDT. TOKYO (Reuters) - A Japanese minister and more than 100 other lawmakers visited the Yasukuni Shrine for war dead on Friday, prompting China to accuse Japan of undermining ties and trying to ...

Beijing tackles abominable air pollution with a car ban
As air pollution levels in Beijing hovered between “hazardous” and “very unhealthy” according to the US embassy's monitoring device on Friday, the Beijing city government unveiled a new plan to try to get the capital's air quality under control. Skip ...

China's Economy Rebounds, but Is It Rebalancing?
China's GDP has picked up, growing 7.8 percent in the third quarter. That compares with 7.5 percent in the three months from April through June and 7.7 percent in the first quarter of the year. The acceleration has sparked hopes that China's economy ...

UPDATE 1-European shares boosted to 5-year high by China growth figures
Fri Oct 18, 2013 12:24pm EDT. * FTSEurofirst 300 up 0.8 pct, highest close since June 2008. * Luxury goods, miners rise after China GDP. * Accor leads travel and leisure sector higher. By Alistair Smout. LONDON, Oct 18 (Reuters) - European shares rose ...


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