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China News 11/2013 (Page 4)



China leaders promise bigger role for free market
BEIJING (AP) — China's leaders promised a bigger role for market forces in the country's state-dominated economy but failed to produce dramatic reforms to overhaul a worn-out growth model in a closely watched policy meeting Tuesday. In a report after ...

China Endorses 'Decisive' Role for Markets
As China's top leaders end the meeting where they laid out economic and political priorities, the country's growth is at risk from a potential property bubble. Professor Li Wei of Cheung Kong Graduate School of Business tells us what the Chinese ...

Meager Philippines Aid Could Dent China's Image
BEIJING — China may have wasted the chance to build goodwill in Southeast Asia with its relatively paltry donation to the Philippines in the wake of a devastating typhoon, especially with the United States sending an aircraft carrier and Japan ramping ...

China to Revamp Security Amid Threats at Home and Abroad
BEIJING — China will set up a new "state security committee'' as it seeks to tackle growing social unrest and unify the powers of a disparate security apparatus in the face of growing challenges at home and abroad, the government said on Tuesday ...

China Preparing to 'Fine-Tune' Its One-Child Policy
Amongst the many reform hopes bandied about in the run-up to the third plenum, one was that Beijing would move decisively towards abandoning its long outdated one-child policy.So far there is no evidence that has happened. Indeed, just one day before ...

Disney Needs to Worry About the Jimmy Kimmel Controversy in China
With big plans for China, the Walt Disney Co. (DIS) can't afford a long fight over the now-infamous segment on Disney-owned ABC last month in which a little blond-haired boy told Jimmy Kimmel that the U.S. should fix its financial problems by killing ...

Facing slowdown, China vows to let market play more important role in economy
BEIJING — China's leaders promised Tuesday to let the market play a more important role in the world's second-largest economy and to improve governance, but they vowed to maintain the Communist Party's paternalistic control of society and the nation's ...

Copper Falls to Eight-Week Low on Fed Outlook, China Output
Copper dropped for a second day amid speculation the Federal Reserve will start reducing stimulus earlier than previously expected and as output of the metal rose to a monthly record in China, the largest user. The contract for delivery in three months ...

GM to Move Int'l Office From Shanghai to Singapore
General Motors Co. said Wednesday that it will move its international headquarters from Shanghai to Singapore, a trophy for the tropical city-state that is aggressively promoting itself as a global business center. The automaker said in a statement ...

Joint Action Against Online Video Piracy in China
BEIJING, Nov. 13, 2013 /PRNewswire/ -- Youku Tudou, Sohu Video, Tencent Video, LeTV, MPA, the Motion Picture Association of America (MPAA), CODA, Wanda Films, Enlight Media, Letv Films announce a joint declaration today in Beijing to fight online ...

YOU On Demand Receives Remaining $4 Million USD Balance for Jinan ...
YOU On Demand Receives Remaining $4 Million USD Balance for Jinan ...

China's Vow on Market Gets Tepid Reception in Asia
HONG KONG — The Asian business community's initial reaction on Wednesday to the highly anticipated pronouncement of China's Communist Party leaders on how to overhaul China's economy was basically this: “long on goals and short on details,” ...

How I Made My Biggest Mistake in China (So Far)
Every book on doing business in China touts the importance of building personal connections and “guanxi.” Translated literally, guanxi means “relationship,” but it really signifies a person's influence throughout their social network. This is the key ...

Beijing's Pivotal Plenum
Investors reacted negatively to the outcome of the Central Committee's Third Plenum in Beijing, selling off Chinese stocks Wednesday. Political analysts were equally disappointed. Having built up expectations of a major new reform program, the ...

Japan Business Mission to China Shows Gradual Thaw in Ties
TOKYO—A group comprising 178 executives from top Japanese companies is scheduled to visit China next week, the largest business mission to travel between the two countries since a flare-up in a territorial dispute chilled bilateral ties more than a ...

Spy scandal weighs on US tech firms in China, Cisco takes hit
SINGAPORE (Reuters) - U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China, as fallout from the U.S. spying scandal starts to take a toll. Cisco said on ...

NEVADO Signs Agreement With Kunming for a Ti-V-Fe Process Method for its La ...
NEVADO Signs Agreement With Kunming for a Ti-V-Fe Process Method for its La ...

Police General Who Predicted 10000 Deaths Removed
MANILA—The police general who announced on Sunday that the most powerful storm to slam the Philippines in two decades could have claimed 10,000 lives has been removed from his post. Reuters: A police boat washed ashore during Typhoon Haiyan ...

Who Will China's New Security Agency Target?
An interesting question to consider of China's soon-to-be-formed national security committee, announced at the end of the third plenum on Nov. 12: will its primary focus be containing what the party perceives as overseas threats to the country? Or will ...

Animal-Rights Activists Celebrate Small Victories in China
The campaign against animal testing has gotten a big boost from an unlikely place. For years, China has been a black spot for the animal-rights movement. In order to tap China's $32 billion beauty market, multinationals have to test their products on ...

China State Companies' Dominance Tested by Increased Market Role
China's state-owned companies, coddled by cheap credit and sheltered monopolies for years, face a less comfortable future after Communist Party leaders pledged to give market forces a bigger role in the economy. The nation is likely to ease interest ...

China Throws Away a Chance to Lead
Alleviating the human suffering left in Typhoon Haiyan's wake is now rightly front of mind for much of the world. But a geopolitical effect is becoming clear too. The stark contrast between key countries' humanitarian responses could have a lasting ...

Rich nations must pay up if UN climate talks to succeed -China
... slideshows. * Rich nations must pledge $30 bln now - top negotiator. * Wants detail on scaling up to $100 bln/yr by 2020. * Criticises emissions reduction efforts by Japan, EU. By Stian Reklev. WARSAW, Nov 14 (Reuters) - Slow-moving U.N ...

Head of large Chinese developer probed for criminal behaviour
BEIJING Nov 15 (Reuters) - The chairman of a large Chinese state-owned development company in southwestern Chengdu is being investigated for unspecified crimes, the company said on Friday, in what could be part of a broader crackdown on corruption ...

China Wants Greater Internet Control, 'Public Opinion Guidance'
China already boasts the world's most sophisticated Internet censorship system. According to the Chinese Communist Party, it isn't good enough. In an explanation of its reform blueprint released late Friday, the party said that the Internet poses “a ...

China's Economic Plans 'Ambitious,' Lew Says
BEIJING — Treasury Secretary, Jacob J. Lew, described China's declaration that market competition should have a decisive role in the country's economy as an “ambitious reform agenda,” according to remarks on Friday by the secretary to the Chinese ...

China looks to energy price reform to unlock gas supply, cut waste
... Print. * Gas prices may see biggest reform. * Comes amid winter gas supply crunch. * Crude import system, pipeline access could also change. * Agricultural prices will also see reform. By Fayen Wong and Judy Hua. SHANGHAI, Nov 15 (Reuters) - China ...

China Plans to Abolish Labor Camps and Ease One-Child Policy
HONG KONG — The Chinese government will ease its one-child family size restrictions and abolish re-education through labor camps, significantly curtailing two policies that for decades have defined the state's power to control citizens' lives, the ...

Beijing Talks Up Economic Reform
After a Chinese Communist Party leadership meeting issued its eagerly anticipated communiqué on economic restructuring this week, the first reaction in stock markets appeared to be lamentation and derision. Investors who had waited for bold reforms ...

China Expected to Be the Top Market for Industrial Robots by 2016
Robots work on the welding line at a Beijing Hyundai Motor Co. plant in Beijing on March 15. Being a Chinese factory boss is harder than it used to be. Rising labor costs, alongside an increasingly unfavorable exchange rate for China's renminbi and ...


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