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China News 12/2013 (Page 4)



China's Retail Sales Accelerate as Factory Output Slows
Workers assemble pens at the A.W. Faber-Castell (Guangzhou) Stationery Co. factory in Guangzhou. Photographer: Brent Lewin/Bloomberg. China's retail sales unexpectedly accelerated in November while industrial output rose less than estimated, giving a ...

China's Retail Sales Accelerate as Industrial Production Slows
Dec. 11 (Bloomberg) -- China's retail sales unexpectedly accelerated in November while industrial output rose less than estimated, giving a mixed picture of growth as leaders gather in Beijing to set economic policies for the coming year. Factory ...

China's Young Factory Workers Face Widespread Sexual Harassment
For seven years Luo Hongmei toiled in factories in China's southern Guangdong province, experiencing firsthand the daily struggles facing millions of young female workers before deciding to join China's fledgling labor-rights movement. As director of ...

Worker Deaths Raise Questions at an Apple Contractor in China
SHANGHAI — Last September, a young Chinese laborer named Shi Zhaokun began working long hours at a huge manufacturing plant that produces Apple's new iPhone 5C. But on Oct. 9, Mr. Shi checked into a hospital, his family says. Soon after, he was ...

Hanwha SolarOne Signs 13 MW Module Supply Contract in China
SHANGHAI, Dec. 11, 2013 /PRNewswire/ -- Hanwha SolarOne Co. Ltd. (the "Company", or "Hanwha SolarOne"), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules , today announced it has signed a contract with ...

First Delivery of Heavy-Duty Engines to Zibo Yaoxin Logistics
SINGAPORE, Dec. 11, 2013 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that the first vehicles using heavy-duty diesel engines produced by the Company's main operating subsidiary ...

Japan to Beef Up Military in Response to China: Panel
Japan will set up a new amphibious military unit and deploy surveillance drones as part of its new defense plan in response to China's growing military power. The proposals were included in drafts of new security strategy and defense guidelines ...

China Puts Former Security Chief Under House Arrest
BEIJING — China has put Zhou Yongkang, one of the most powerful politicians of the last decade, under virtual house arrest while the ruling Communist Party investigates accusations of corruption against him, several sources said on Wednesday. Zhou is ...

China bitcoin arbitrage ends as traders work around capital controls
SHANGHAI (Reuters) - The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China's capital controls. Chinese bitcoin chat rooms buzzed last month as ...

China professor says sacked for criticizing president and not recanting
SHANGHAI (Reuters) - A Chinese university has fired a professor for failing to admit wrongdoing in posting an article criticizing President Xi Jinping, the academic said on Wednesday, underscoring questions about academic freedoms for foreign colleges ...

Copper Edges Higher on China Hopes, US Budget Deal
NEW YORK--Copper futures prices pushed higher on Wednesday, buoyed by hopes for higher demand from top consumer China and on the view that a tentative U.S. budget deal will keep Washington gridlock from undermining growth. The most actively ...

China residents drink pesticide to protest demolition of homes
BEIJING – A dozen residents of a central Chinese city protested the demolition of their homes by drinking pesticide in Beijing in a desperate bid for attention that underscores the failures of a decades-old petitioning system. The 12 survived the ...

Abe Hopes Asean Summit Will Yield Closer Ties Against China
TOKYO—Winding up his year of diplomacy, Japanese Prime Minister Shinzo Abe kicked off a four-day summit with Southeast Asian leaders Thursday as the region takes on a renewed importance for Japan's economic and security strategies. In the first ...

China official says has 'substantial' price-fixing evidence against Qualcomm ...
China official says has 'substantial' price-fixing evidence against Qualcomm ...

(CNW) Far East Energy Announces Extension of Exploration Period for ...
(CNW) Far East Energy Announces Extension of Exploration Period for ...

China Cinda Soars in Hong Kong Debut
BEIJING—Investors flocked to the initial public offering of a Chinese company created to clean up the country's bad debt, sending its shares up 26% in the first day of trading. But a close look at China Cinda Asset Management Co. shows it might be as ...

China Orders Pilots to 'Land Blind' as Smog Delays Flights (1)
China ordered the nation's commercial pilots to learn to “land blind” in smoggy conditions to help alleviate chronic flight delays. Pilots flying to Beijing's international airport from the nation's 10 busiest airports must be qualified to land when ...

China crafts a pro-Beijing image for Nelson Mandela
A man walks past an image of former South African president Nelson Mandela at the Embassy of South Africa in Beijing. (ChinaFotoPress/Getty Images). BEIJING – The instructions from China's propaganda ministry to local journalists spelled it out in ...

Israeli toolmaker CGW plans jt ventures in Brazil, China
... Stocks. * Sales could reach $100 mln by 2017. * Plans acquisitions, jt ventures in Brazil, China, U.S., Germany. By Tova Cohen. TEL AVIV, Dec 12 (Reuters) - Camel Grinding Wheels (CGW), an Israel-based maker of grinding and cutting products ...

Guess What? The US and China Don't Trust Each Other Much
Guess what? The U.S. and China don't trust each other very much, and the Chinese trust Americans even less. That's the conclusion of the U.S.-China Security Perceptions Survey released by the Carnegie Endowment for International Peace and the ...

In China, Western Companies Cut Jobs as Growth Ebbs
HONG KONG—After years of rapid expansion in China, some Western companies are shedding jobs as the world's second-largest economy grows at its lowest rate in more than 20 years. Hewlett-Packard Co. says it is laying off a small percentage of its ...

China's first lunar probe to land on the moon this weekend
Hong Kong (CNN) -- China's first lunar rover is expected to land on the moon on Saturday, less than two weeks after it blasted off from Earth, according to Chinese media reports. The landing will make China one of only three nations -- after the United ...

China Seeking To Trim Exports Of Rare-Earth Minerals
BEIJING — China signaled that it is seeking to trim its exports of rare earths for the first time in two years, despite international pressure on Beijing to ease its grip on global supplies of the key minerals. Despite a shrinking share of global ...

China Hopes for Stability After N. Korea Execution
BEIJING — Chinese officials have declined to say if they have been in contact with Pyongyang about the execution of Kim Jong Un's uncle. At China's foreign ministry briefing Friday, authorities described the reported execution of Jang Song Thaek as ...

China Economic Conference Balances Reform, Stable Growth
BEIJING—China closed a key economic conference on its policies for 2014, with the government suggesting a need to press ahead with reforms while maintaining stable economic growth. After a four-day meeting known as the Central Economic Work ...

China pressures France in wine row despite EU deal
... Print. * China targeted European wine in response to solar row. * Solar deal raised expectations Beijing would drop its case. By Francesco Guarascio. BRUSSELS, Dec 13 (Reuters) - China is pressing ahead with an investigation into French and Spanish ...

Kim Killing Uncle May Limit China-Style Opening in North Korea
North Korea's execution of the man in charge of its relationship with top ally China may reduce the chance that the isolated nation adopts the embrace of markets that has seen its neighbor build a middle class. Jang Song Thaek, 67, a conduit to China ...

Beaufield Director Attends China Conference
MONTREAL, QUEBEC--(Marketwired - Dec. 13, 2013) - Beaufield Resources Inc. ("Beaufield" or the "Company") (TSX VENTURE:BFD) is pleased to announce that Beaufield director John Budden was invited to present a paper on Canada that included ...

Look who's trying to defuse tension in the East China Sea
Taipei, Taiwan. News that hasn't hit the headlines – yet. Skip to next paragraph. In Pictures Troubled waters: disputes in the China Seas. Recent posts. 12.13.13. Look who's trying to defuse tension in the East China Sea. Related stories. Think you ...

China Rethinks GDP Obsession as Local Debt Risks Rise
Is China ready to finally break the debt addiction of its local governments? Chinese officials are now suggesting that's a top priority. GDP growth will no longer be the yardstick for appraising local officials' success. Promotions will now be ...


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