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China News 11/2013 (Page 6)



China says on path to eventually scrap one-child policy
BEIJING (Reuters) - China will eventually scrap family planning restrictions, a senior official said on Tuesday, days after the government announced it will allow millions of families to have two children. China, with nearly 1.4 billion people, is the ...

Red-hot China may burn long-term investors
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 ...

UPDATE 2-China's Trina Solar posts first profit in nine quarters
... Print. * Third-quarter profit $0.14/ADS vs year-ago loss $0.81. * Company raises 2013 shipment forecast to 2.58-2.62 GW from 2.3-2.4. * Shares rise 10 pct. Nov 19 (Reuters) - Trina Solar Ltd swung to a profit after eight straight quarters of losses ...

Spain issues arrest order for China's ex-leader
MADRID (AP) — Spain's National Court on Tuesday issued arrest orders for former Chinese president Jiang Zemin and four other officials as part of a probe into alleged genocide by China against Tibet. The court said it accepted arguments from Spanish ...

Gold No Slam-Dunk Sell in China as Aunties Pounce: Commodities
(To get alerts for commodities columns: SALT CMMKT.) Nov. 19 (Bloomberg) -- Yang Cuiyan, a 41-year-old housekeeper from Anhui province, is one reason China is poised to topple India as the world's top consumer of gold even as investors desert the metal ...

China's Illegal Fishing Expeditions Threaten World Waters
Lots of undocumented goods are procured and traded off the books in China—including fish. And that's a growing concern for the coastal patrols of China's neighbors and West African countries, as well as international environmental watchdogs. During ...

China Plans Opening for Private Banks
BEIJING—After decades of relying on state banks, China's top leaders are giving the go-ahead to create new, privately held banks, opening up a sector that has been mostly off-limits to private capital and indirectly acknowledging that the current ...

Foreign Investment into China: Where's the Money Flow?
Where's the money going? The Ministry of Commerce gave a clearer picture with a press conference introducing foreign direct investment into China on Nov. 18. First of all, China is on track for a big shift. Very soon, Chinese companies will be ...

China's Smaller Cities Thirst for the Luxe Life
CHENGDU, China — Just yards away from the enormous statue of Mao Zedong in Tianfu Square, Chengdu's two most exclusive malls are doing a brisk business on a Wednesday afternoon. Related. Singapore on His Mind (November 21, 2013). Ethan Koh: ...

UPDATE 1-China rebar, iron ore drop after weak PMI
... Print. * China PMI slips to 50.4 in Nov from 50.9 in Oct * Spot iron ore stuck in narrow range as mills keep low stocks (Updates prices) By Manolo Serapio Jr SINGAPORE, Nov 21 (Reuters) - Chinese steel and iron ore futures sagged on Thursday ...

UPDATE 1-Asia Rubber -Bridgestone grabs tyre grades; China rumours persist
... Print. * STR20 traded at $2.37-$2,38/kg CIF China. * Brigestone buys SIR20 at 104.00-104.75 cents/lb. * Market looks for signs of more China stockpiling. By Lewa Pardomuan. SINGAPORE, Nov 21 (Reuters) - Bridgestone Corp and several trading houses ...

Report: China 'Challenging US Military Pre-eminence in Asia'
A U.S. congressional panel says China's rapidly modernizing military is "altering the security balance in the Asia Pacific and challenging decades of U.S. military preeminence in the region." That warning was given Wednesday in a wide-ranging annual ...

Nationalism Cools Seoul's Relations with Tokyo, Warms Seoul-Beijing Ties
SEOUL — Controversy surrounds China's plan to build a stone monument to Korean independence fighter Ahn Jung-guen, who shot and killed imperial Japan's former prime minister and governor of Korea, Hirobumi Ito in 1909 in the northeast city of Harbin, ...

Fragile global recovery stumbles as Europe, China falter
LONDON (Reuters) - The fragile global economic recovery took a step backwards this month as businesses across the euro zone and China's vast factory sector grew at a milder pace, business surveys showed on Thursday. While growth in Germany was ...

China Manufacturing Loses Momentum in November
BEIJING—A preliminary gauge of China's manufacturing activity showed a mild weakening of growth momentum in November, weighed down by sluggish new export orders, and suggesting the third-quarter rebound in the world's second-largest economy ...

Zhejiang Kandi Electric Vehicles (the JV Company) Signed an Agreement With ...
Zhejiang Kandi Electric Vehicles (the JV Company) Signed an Agreement With ...

As Xi Jinping Reforms China, Expect Power Consolidation, Not Democracy
Chinese President Xi Jinping is all about reform. That's “reform” as in “kicking butt.” The main take-away from the Third Plenary Session of the Communist Party's 18th Central Committee is that Xi has consolidated power remarkably quickly and is eager ...

China's Outbound Tourism Growing By 18% - And No Sign Of Slowing Down
The “Third Plenum of the Communist Party of China's 18th Central Committee” that took place between 9th-12th November announced a number of reforms and policy changes, but affluent Chinese can at least for the moment breathe a sigh of relief. None of ...

No Release in Sight for Film Exploring China's Violence
Jia Zhangke in his Beijing office in August, in front of an image from his Gilles Sabrie for The New York Times Jia Zhangke in his Beijing office in August, in front of an image from his film “A Touch of Sin.” When Jia Zhangke screened his new movie ...

Vested interests won't block China's reforms: party official
BEIJING (Reuters) - China's Communist Party will fight opposition to its reform efforts from those who risk losing power because of the changes, a senior official said on Friday. The remarks come a week after China unveiled a landmark package of social ...

China considers pipeline reform to boost gas supply
... slideshows. * PetroChina-dominated grid limits small gas producers. * Small producers forced to sell at discount. * Mandating access could encourage shale, coal bed gas output. By Chen Aizhu and David Stanway. BEIJING, Nov 22 (Reuters) - As China ...

Australia's Lend Lease Plans China-Focused Property Fund
SHANGHAI—Sydney-based property and infrastructure firm Lend Lease Group plans to start a China-focused retail property fund next year, as it looks to benefit from the country's economic growth. David Nieh, Lend Lease's chief of China operations ...

China warns North Korea, blames Japan for tension
BEIJING Nov 22 (Reuters) - China warned North Korea on Friday it would not tolerate chaos on its doorstep, while blaming Japan for the tension between Asia's two largest economies. Ties between Beijing and Pyongyang have deteriorated since North ...

China corruption watchdog to target senior officials in revamp
BEIJING (Reuters) - China's ruling Communist Party's anti-graft watchdog is to overhaul some of its functions and target all senior officials, as part of reforms to deepen its war on corruption. The Central Commission for Discipline Inspection said all ...

Will Hollywood's China Pandering Backfire?
China surpassed Japan in 2012 as the world's second largest box office and is expected to become the largest by 2020. The attempts by U.S. filmmakers to make movies especially appealing to China has gotten so excessive that Chinese movie watchers are ...

NFL Could Find Refuge From Controversy in China
The National Football League is coming to China! Last month, a group of New England Patriots cheerleaders spent 10 days leading pep rallies and cheer clinics across Beijing, Shanghai and Guangzhou. (You can read a first-hand account of their adventures ...

Pipeline Blast Kills 35 in Eastern China
A policeman accompanying a woman on a damaged street after the explosion in Qingdao. China Daily/Reuters A policeman accompanying a woman on a damaged street after the explosion in Qingdao. An explosion in a ruptured oil pipeline killed at least 35 ...

Urbanites Flee China's Smog for Blue Skies
DALI, China — A typical morning for Lin Liya, a native of Shanghai transplanted to this ancient town in southwest China, goes like this: See her 3-year-old son off to school near the mountains; go for a half-hour run on the shores of Erhai Lake; and ...

Oil Pipeline Blast in China's Qingdao City Kills at Least 44
Chinese rescuers search for survivors in Qingdao, China on Friday. Agence France-Presse/Getty Images. BEIJING—Oil pipeline explosions near a petrochemicals plant Friday left at least 44 people dead and more than 130 injured in China's eastern port ...

Sinopec Oil Pipeline Fire Kills 35 in China's Qingdao
An explosion and fire yesterday at a pipeline belonging to China Petroleum & Chemical Corp. (386), Asia's largest refiner, killed at least 35 people and leaked oil into the sea in the nation's deadliest spillage since at least 2005. The incident ...


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