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China News 10/2013 (Page 7)



UPDATE 1-Russia grabs China oil and gas export deals
Tue Oct 22, 2013 12:04pm EDT. * Rosneft to supply 200,000 bpd to Sinopec. * Inks refinery supply deal with CNPC. * Novatek sells LNG to partner CNPC. * Russia makes energy pivot to Asia. By Denis Dyomkin. BEIJING, Oct 22 (Reuters) - Russian energy ...

Junk Rally Sparks Sales by Nikko Amid Bubble Risk: China Credit
Nikko Asset Management Ltd. and GAM Holding AG are trimming holdings of Chinese dollar-denominated junk bonds amid their strongest rally in almost a year, concerned over a surge in issuance and a possible asset bubble. Speculative-grade securities in ...

China's Stocks Slump as Small Companies Tumble on Money Rates
China's stocks fell, with the benchmark index for smaller companies capping the biggest two-day loss in 18 months, after money-market rates surged. Leshi Internet Information & Technology (Beijing) Co. (300104), the operator of online-video portal LeTV ...

Free our reporter, begs newspaper as China cracks down on journalists
By Megha Rajagopalan. BEIJING | Wed Oct 23, 2013 2:34pm IST. BEIJING Oct 23 (Reuters) - A Chinese newspaper pleaded with police on Wednesday to release an investigative reporter accused of defamation in an unusual public rebuke amid a wider ...

China's Sinopec likely to stretch big volume diesel exports into 2014
Wed Oct 23, 2013 6:38am EDT. * Sinopec likely to export about 300,000 T diesel a month from Q4 -sources. * Similar volumes seen stretching into 2014 as refining capacity added -sources. * Asian diesel margins could come under pressure from excess ...

Manila backtracks on South China Sea accusation against China
MANILA | Wed Oct 23, 2013 6:18am EDT. MANILA Oct 23 (Reuters) - Philippine President Benigno Aquino said on Wednesday the concrete blocks found on a disputed shoal in the South China Sea are "very old", backtracking on Manila's earlier accusation ...

The Shanghai Secret
SHANGHAI — Whenever I visit China, I am struck by the sharply divergent predictions of its future one hears. Lately, a number of global investors have been “shorting” China, betting that someday soon its powerful economic engine will sputter, as the ...

American Movies Lose Market Share in China
BEIJING—Hollywood is losing ground in China, at a time when box-office sales there are surging and foreign filmmakers are eager for a bigger share of the world's fastest-growing film market. China's box office grossed 16.42 billion yuan ($2.7 billion ...

Villagers in south China turn on police; 27 hurt
BEIJING (AP) — Villagers in southern China attacked policemen who were seeking a pair of suspects, injuring 27 officers, state media said Wednesday. The injured officers were hospitalized in the Yunnan provincial capital of Kunming, including one in ...

China 2013 growth seen at 7.6 percent, topping target, slowdown likely next ...
China 2013 growth seen at 7.6 percent, topping target, slowdown likely next ...

With Winter Ahead, Can China's Smog Get Anything But Worse?
Smoking chimneys are seen in front of residential buildings in the city of Tianjin. Petar Kujundzic/Reuters Smoking chimneys are seen in front of residential buildings in the city of Tianjin. Following the “airpocalypse” in the city of Harbin this week ...

PMIs show euro zone growth sluggish, China picking up
By Jonathan Cable. LONDON | Thu Oct 24, 2013 4:55pm IST. LONDON (Reuters) - The euro zone economy is only expanding slowly, according to surveys on Thursday that showed the rate of growth eased unexpectedly in the private sector this month, ...

Daly returns to golf with a 68 in Shanghai
John Daly of the United States tees off from the 3rd hole during the first round of the BMW Masters golf tournament at the Lake Malaren Golf Club in Shanghai, China, Thursday, Oct. 24, 2013. Playing for the first time since surgery to repair the tendon ...

Neri & Hu's Lyndon Neri on 'Made in China'
Lyndon Neri is one half of the architecture duo Neri & Hu, whose Shanghai-based “design and research office” he founded almost a decade ago with his partner and wife, Rosanna Hu. He is also a designer of products such as starkly minimalist tea sets ...

China Rate Rise a Rhyme, Not a Repeat
A surge in Chinese interest rates is creating a disconcerting flashback to June's cash crunch. This time, it's less a sign of financial stress than comfort that China's economy has stabilized for now. In trading Thursday, China's benchmark, seven-day ...

Coates International, Ltd. Is to Build a Special CSRV(R) Engine for Delivery ...
Coates International, Ltd. Is to Build a Special CSRV(R) Engine for Delivery ...

Tanzania signs $1.7 bln energy, construction deals with China
DAR ES SALAAM | Thu Oct 24, 2013 6:59pm IST. DAR ES SALAAM Oct 24 (Reuters) - Tanzania has signed contracts worth $1.7 billion with Chinese companies to construct power plants and housing units in east Africa's second-largest economy. The new ...

Walmart's China Expansion Aims to Tap Urbanization
Wal-Mart Stores plans to ramp up operations in China's smaller cities, adding as many as 110 stores during the next three years as the world's largest retailer faces stiff competition from local players. Other key changes to make it more competitive ...

US talking to Turkey about China missile deal concerns
By Tulay Karadeniz. ANKARA | Thu Oct 24, 2013 8:19am EDT. ANKARA (Reuters) - The United States is concerned Turkey's decision to build a missile defense system with a Chinese firm could undermine allied air defenses, its envoy said on Thursday, but ...

Guangzhou fans flock to Seoul for ACL final
In this May 17, 2012 file photo released by China's Xinhua News Agency, Italian soccer coach Marcello Lippi, right, attends a press conference with Evergrande Group Chairman Xu Jiayin in Guangzhou, capital of south China's Guangdong Province. Chinese ...

Abe Says Japan Ready to Counter China's Power
Japanese Prime Minister Shinzo Abe during an interview with the Wall Street Journal in Tokyo. Jiro Akiba. TOKYO—Japanese Prime Minister Shinzo Abe said he envisions a resurgent Japan taking a more assertive leadership role in Asia to counter China's ...

9 Reasons China Will Have Blue Skies
BEIJING, CHINA - A delegate wearing the mask walks to the Great Hall of the People before a plenary session of the Chinese People's Political Consultative Conference during severe pollution in March in Beijing, China. (Image credit: Getty Images via ...

Guthrie stretches his lead to four shots in Shanghai
SHANGHAI (AP) — Luke Guthrie brought only one 2-liter bottle of Mountain Dew from America, enough of a caffeine fix to get him through the week without headaches. He packed only one sweater — lime green — because his crash course on Shanghai did ...

China Court Upholds Bo Xilai Conviction, Life Term
Ousted politician Bo Xilai lost his appeal against a life sentence for corruption in his final public appearance Friday before prison — an inglorious end for the once-rising star whose vaulting ambition unnerved China's leadership. The former ...

Clearing the Air in China
CAMBRIDGE, Massachusetts — In the northeast Chinese city of Harbin this week, the air pollution was so thick that schools were closed, traffic became gridlocked and flights in and out of the metropolis were canceled. For years, severe air pollution ...

Four Pillars Of Success For Brand Builders In China
I was at a board meeting last night when the guest speaker, the CEO of a Fortune 50 company, said, "The reality today is that success at home means you are successful abroad and, admittedly, we are not there yet." This is coming from the CEO of one of ...

China: Don't politicize Turkey missile deal
BEIJING (AP) — China said Friday that a controversial proposal to sell a Chinese missile defense system to U.S. ally and NATO member Turkey should not be politicized. The call came a day after a U.S. diplomat expressed concerns over the deal. Foreign ...

Mongolia Deepens Investment Ties With China
BEIJING—Mongolia on Friday unveiled a raft of new investment agreements with China—including an oil-exploration deal—that Mongolian Prime Minister Norovyn Altankhuyag said in an interview would build up the landlocked country's infrastructure and ...

China Powers Up Its Golf Swing
Ken Chu, chief executive of the Mission Hills Group, which has built 22 courses and is a major force in Asian golf. Color China Photo/Associated Press. Attention may have shifted away from golf stateside, what with football and the World Series, but ...

Can China escape its choking air pollution?
THE NORTH of China choked on a deadly fog this week. The good news is that China's government has a new plan to address the country's air pollution, and increasing unease among the nation's new middle class is placing some pressure on the regime to ...


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