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China News 10/2013 (Page 6)



EU members agree to enter investment negotiations with China
Fri Oct 18, 2013 9:30pm IST. * EU and China to launch negotiations next month in Beijing. * Talks could be forerunner to full free-trade talks. By Philip Blenkinsop and Robin Emmott. LUXEMBOURG, Oct 18 (Reuters) - European Union governments agreed on ...

China Reports a Modest Acceleration in Growth
HONG KONG — China's economy steadied in the third quarter, expanding by 7.8 percent compared with a year earlier, the government said Friday, indicating that the economy has pulled out of a jittery period of slowed growth thanks to revived investment, ...

Asian Stocks Rise to Five-Month High on US Deal, China Growth
Asian stocks rose for a second week, with the benchmark index climbing to a five-month high, after U.S. lawmakers reached an accord to reopen the government and avoid a default. Samsung Electronics Co. (005930), a maker of smartphones and televisions ...

China loves vintage US cars, despite legal roadblocks
BEIJING – As a boy, Sun Jian loved to watch war movies such as Patton, about the U.S. general and hero of World War II. He dreamed of owning a vintage U.S. Army jeep like the one old "Blood and Guts" sped about in as he led the fight against Nazis in ...

Amid Heavy Pollution, Beijing Issues Emergency Rules to Protect Citizens
Snappily titled the Six Stops and One Wash, a new and complex string of regulations by the Beijing city government is aimed at combating the effects of persistent, heavy air pollution on the populace. A major rule will take private vehicles off the ...

'Zombie Car' abandoned in China street, overgrown with ivy
By Ed Flanagan, Producer, NBC News. BEIJING – Residents on a street in China finally said good riddance Friday to a car, almost completely engulfed by foliage, which has become a social media sensation since it was abandoned a year ago. The old ...

China dismisses professor advocating free speech
BEIJING — A top Chinese university has decided to remove a politically outspoken professor who has advocated for free speech and democratic reform, prompting concern among U.S. academics. Xia Yeliang said he was notified by Peking University's ...

Emerging Stocks Rise on China as Tech Shares Hit Record
A worker inspects components for vehicles on the production line at a plant in Wuhan, China. Photographer: Tomohiro Ohsumi/Bloomberg. Emerging-market stocks advanced, sending the benchmark index to its third straight weekly gain, as China's economic ...

Former Shanghai Ghetto Moves To Turn Itself Into China's Hedge Fund Hub
Shanghai's Hongkou district was home before the country's Communist revolution to thousands of often stateless immigrants fleeing Hitler that lived in what was called the Jewish ghetto. Landmark pre-war buildings in the area such as the Broadway ...

Gift ceramics market cracks amid anti-corruption campaign
JINGDEZHEN, Nanchang, Oct. 20 (Xinhua) -- China's celebrated "Chairman Mao" Porcelain is being snubbed for the first time by domestic officials following a nationwide anti-corruption campaign, business delegates at an ongoing ceramics fair say ...

Indian PM Leaves for Russia, China
Indian Prime Minister Manmohan Singh left Sunday for a four-day trip to Russia and China aimed at strengthening trade ties and addressing a long-standing border dispute with Beijing. The prime minister will also look to secure energy, defense and other ...

Can Osborne's British technology firms crack China?
As George Osborne recovers from the jet lag following his whistlestop tour around China, the select band of businesses that joined the Chancellor's trade delegation have a more complicated headache: how do they turn the new relationships and the kind ...

Elvira claims maiden win at Foshan Open
Foshan City, China (SportsNetwork.com) - Nacho Elvira carded an even-par 72 on Sunday to hang on for a 1-stroke win at the Foshan Open. Elvira claimed his first career win on the European Challenge Tour at 14- under-par 274. The Spaniard entered the ...

Chinese Professor Accuses Peking University of Political Dismissal
A liberal Chinese economist says he believes the prestigious Peking University terminated his contract for political reasons, including his support for democratic reforms and the rule of law. In interviews with Western news organizations, Xia Yeliang ...

China Urges Economic Policy Implementation to Spur Rebound
China's central government called for “unrelenting” implementation of its economic policies and reform measures to consolidate the nation's recovery from a two-quarter slowdown and improve the quality of growth. While the economy is “stable and ...

Starbucks under media fire in China for high prices
By Adam Jourdan. SHANGHAI | Mon Oct 21, 2013 3:20am EDT. SHANGHAI (Reuters) - Starbucks Corp (SBUX.O) has been charging customers in China higher prices than other markets, helping the company realize thick profit margins, a report by the official ...

China smog emergency shuts city of 11 million people
BEIJING | Mon Oct 21, 2013 1:57am EDT. BEIJING (Reuters) - Choking smog all but shut down one of northeastern China's largest cities on Monday, forcing schools to suspended classes, snarling traffic and closing the airport, in the country's first major ...

China Renews Pressure on Taiwan for Political Talks
TAIPEI — China and Taiwan have shelved political hostilities for the past five years to reach a series of trade and investment deals, improving overall relations. Now, China's president has made a fresh bid for sensitive political talks with Taiwan ...

UPDATE 1-China says to control gas use as winter shortages loom
Mon Oct 21, 2013 2:58pm IST. * New gas use to be "controlled" during winter peak. * Demand growing much faster than supply, state planner says. * Cities switching too quickly from coal to gas (Adds analyst quote, detail and background). By David ...

UPDATE 1-New capacity boosts China copper output to record in Sept
Mon Oct 21, 2013 6:32am EDT. * Sept copper production at 620,086 T, up 10.6 pct from Aug. * Sept aluminium production 0.3 pct lower from record in Aug (Adds analyst comment, production details). By Polly Yam. HONG KONG, Oct 21 (Reuters) - China's ...

China Arrests Prominent Businessman Who Backed Rights Causes
HONG KONG — The police in Beijing have formally arrested a prominent Chinese businessman who turned his energies and wealth to supporting human rights causes, his lawyer said on Monday. The arrest of the businessman, Wang Gongquan, marked ...

Could China Achieve In Biotech What It Did In Clean-Tech?
Once the fallout from Washington's debt debacle settles out, the world is hopeful policy makers in the American capital will turn their attention towards more important questions. Admittedly, this is not a short list. One of the most pressing questions ...

In China, poppy seedpod is a spice too hot to handle
BEIJING — On a stroll through the aisles of the wholesale spice market in southeast Beijing, visitors inhale the fragrances wafting from the burlap sacks of cardamom, star anise, cinnamon, clove, fennel, turmeric and a dazzling selection of peppers ...

China's State TV Backtracks on News of Corruption Inquiry
For a few hours late Monday afternoon, China watchers were left scratching their heads as they pondered the veracity of a 126-character tweet that, if true, would at long last end months of speculation about the political health of China's former ...

Analysis: Emerging markets to step up as China cuts coal habit
By John McGarrity. LONDON | Tue Oct 22, 2013 7:52am EDT. LONDON (Reuters) - Global thermal coal demand will shift away from China in coming years as it switches to cleaner energy, but emerging markets in the region will step in to grab some of that ...

China blames weather for hampering efforts to banish smog
By Adam Rose. BEIJING | Tue Oct 22, 2013 11:33am EDT. BEIJING (Reuters) - China's battle against a persistent air pollution crisis, which all but shut down a city of 11 million this week, is being hampered by tough weather conditions, an environmental ...

Three Priorities Which Should Be At The Heart Of China's Foreign Policy Stance
Shanghai - In an idle moment this morning, I was browsing the sale particulars for the Isle of Wiay, a deserted island in the Outer Hebrides in Scotland. Pretty soon I was making mental plans of how I would restore the dilapidated farm plot, build a ...

Beijing Plans to Trim English Portion of College Entrance Exam
Security guards checked the identity of students entering a school to take college entrance exams in Agence France-Presse — Getty Images Security guards checked the identity of students entering a school to take college entrance exams in Beijing ...

China's 'Mr. Market' Urges Political Reform
BEIJING—Ever since Deng Xiaoping launched his first overhauls in 1978, free-market reforms in China have come in great waves, usually in response to a crisis. The crisis that formed the backdrop to the initial reform wave was the devastation caused by ...

China's Overheated Property Market: Clampdown Ahead?
China's property market is on fire. Prices for new homes soared by as much as 20 percent in the country's four biggest cities in September, over the same period a year earlier, the most since January 2011. In Beijing they were up 16 percent, in ...


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