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China News 12/2013 (Page 6)



Kunlun Energy Chairman Quits as China Widens Graft Probe
The Chairman of Kunlun Energy Co., the gas distribution arm of China National Petroleum Corp., resigned amid a widening government anti-corruption campaign that claimed his predecessor four months earlier. Wen Qingshan quit with immediate effect as ...

China State Broadcaster's Attack On Foreign Brands Fuels Citizens' Skepticism ...
China State Broadcaster's Attack On Foreign Brands Fuels Citizens' Skepticism ...

Rights Group: China Replacing Labor Camps With 'Black Jails'
BEIJING — Earlier this year, China announced it would close the country's labor camps, overturning a law that had been in place for more than 50 years. However rights group Amnesty International alleges that the labor camp system has merely been ...

Japan Boosting Defense Shouldn't Upset Neighbors, Kerry Says
A soldier from Japan's Ground Self-Defense Force helps to prepare surface-to-ship missile launchers at Camp Naha in Naha, Okinawa Prefecture on Nov. 11, 2013. Photographer: Toru Yamanaka/AFP/Getty Images. The U.S. backs Japan's efforts to expand ...

China's Ownership Society, Where Success Means Having Stuff
Chinese friends are often puzzled that I chose to come to Beijing as a journalist. It's not that they aren't patriotic or enthusiastic about China's future prospects—mostly they are. But many wonder why anyone with a coveted U.S. university degree ...

China-made kids' clothes carry toxic risk: Greenpeace
BEIJING – Polluted air and unsafe food are just two of the dangers often faced, and complained about, by China's long-suffering citizens. They should also worry about the toxic clothes their children wear, environmental advocacy group Greenpeace warned ...

UPDATE 1-China rejects 30 pct of corn shipped in from US this year
... Print. * China rejects 600,000 T of U.S. GMO corn since mid-Nov. * Move may hurt global corn prices. * State quarantine officials say testing underway, situation in flux (Recasts with details, quotes). By Dominique Patton and Niu Shuping. BEIJING ...

Analysis: China needs Western help for nuclear export ambitions
BEIJING (Reuters) - China's investment in Britain's 16 billion pound Hinkley Point project is its first foray into Europe's nuclear power market and a marker of its global ambitions, but its firms will depend on foreign partners if they are to fulfill ...

China confirms near miss with US ship in South China Sea
BEIJING (Reuters) - China on Wednesday confirmed an incident between a Chinese naval vessel and a U.S. warship in the South China Sea, after Washington said a U.S. guided missile cruiser had avoided a collision with a Chinese warship maneuvering ...

Pingtan Marine Enterprise Announces Intention to Sell Directly to Customers
FUZHOU, China, Dec. 18, 2013 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") an integrated marine services company in the People's Republic of China (PRC), today announced that the Company's Board of ...

China Home Prices Rose in November as Shenzhen Led Gains
Commercial and residential buildings stand in the Lo Wu district of Shenzhen, right,... Read More. Commercial and residential buildings stand in the Lo Wu district of Shenzhen, right, across from farms in Hong Kong. Close. Close. Open. Photographer ...

Judge in Kan. orders scientist from China detained
KANSAS CITY, Kan. (AP) — A Chinese scientist accused of taking agricultural seeds from a private research facility in Kansas and giving them to members of a visiting delegation from China has to remain in federal custody at least until his next court ...

China's pollution bill may be too big for it to bear now
China's massive and long-term pollution problem is putting an economic thesis to the test. The theory, known as the environmental Kuznets curve, contends that the environment must suffer in order for a society to achieve financial growth. Only when the ...

Behind Japan's new military plans: China, nationalism, or both?
Japan's approval of new national defense guidelines and its first-ever national security strategy are raising questions whether, after a year of focusing on the economy, Prime Minister Shinzo Abe is finally baring his nationalist teeth. Skip to next ...

How to Manage Hundreds of Millions of Urban Migrants: China's Police Weigh In
The Public Security Ministry, China's police force, is working with 11 other government bodies on drafting guidelines for reforming the thorny hukou system with a target for full implementation by 2020, reported the China Daily on Dec. 18. That's good ...

Chinese Carbon Market Opens to a Busy First Day
GUANGZHOU, China — The first day of trading in what will be by far the largest carbon market in China started briskly on Thursday with pricing in line with expectations, as Beijing continued its drive to slow its rapid growth of heat-trapping ...

Tesla starts offering cars in China with no Chinese name
SHANGHAI (Reuters) - Tesla Motors Inc (TSLA.O) has started offering its poplar Model S sedans in China, but the U.S. premium electric carmaker has yet to give its brand a Chinese name due to a long-running trademark dispute. That has caused a buzz ...

China Billionaires Set to Shake Up Wireless Market: Tech
One of Alibaba Group Holding Ltd. Chairman Jack Ma's entities is applying for a license, Florence Shih, a spokeswoman for Hangzhou-based Alibaba, said by phone. Photographer: David Paul Morris/Bloomberg. Billionaires Jack Ma and electronics retailer ...

China arrests former Shanghai health deputy
SHANGHAI Dec 19 (Reuters) - Authorities in the city of Shanghai have arrested the former deputy health commission chief, prosecutors said, at a time when China's health sector has come under the spotlight for widespread corruption. Huang Fengping ...

China Extends Journalists' Credentials
China's Ministry of Foreign Affairs issued 2014 press cards for an unspecified number of China-based reporters, the organizations said. For foreign reporters in China, a press card issued by the central government is the primary prerequisite for ...

China to Spend $5 Billion on Microchip Industry
BEIJING—The Chinese government is spending almost $5 billion on a new fund to support the country's microchip industry, as China moves to bolster what it has long considered a strategically important segment of its economy. The fund, which China's ...

China's Stocks Drop for Eighth Day on Concern Over Funding Costs
Dec. 19 (Bloomberg) -- China's stocks fell for an eighth day, capping the benchmark index's longest losing streak since June, on concern higher funding costs will hurt economic growth. Financial, industrial and drug companies led declines. China ...

China Cross-Border M&A Continues
In one of the larger overseas industrial acquisitions ever by a Chinese State-Owned Enterprise (“SOE”), Shanghai-listed (600458.SS) Times New Material Technology Co., Ltd. (“TMT”) announced last week that it agreed to acquire the Rubber and Plastics ...

China Eases Rules on Foreign-Bound Deals
BEIJING—Beijing will ease the approval process for all but the largest Chinese investments in overseas companies and projects, a major relaxation of regulatory oversight that analysts say is aimed at encouraging Chinese firms to expand abroad ...

China's Online Retailers Eye Global Markets
Chinese Internet retailers serve what has become the world's biggest e-commerce market. Their next target: the U.S., and the rest of the world. Jingdong Corp., a leading Chinese Internet retailer by sales, has logged millions of yuan in sales on its ...

US, China Raise Tensions Over Maritime Issues
U.S. Secretary of Defense Chuck Hagel calls China's actions in a near-collision in the South China Sea irresponsible. He also warned that such incidents could aggravate tensions in the region. This latest episode could test the increased U.S. emphasis ...

China takes over Asia bond index as investors tire of indices
... Print. * Country becomes single largest component of JP Morgan Asia Credit Index. * Continued China issuance likely to increase the bias. * Investors question logic that defines inclusion. By Christopher Langner. SINGAPORE, Dec 19 (IFR) - Chinese ...

Top Guangdong Official Being Investigated for 'Serious Discipline Violations'
HONG KONG — A top official in China's prosperous Guangdong province is being investigated for “serious discipline violations,” which is often a euphemism for corruption, state media reported on Friday. The official, Cao Jianliao, is vice mayor of ...

UPDATE 2-China rejects 545000 T US corn in a month over GM strain
... Stocks. * China rejects 9 U.S. corn cargoes in one month. * China urges U.S. to boost checks to avoid contamination. * U.S. officials raised the issue at trade talks this week. By Niu Shuping and Sui-Lee Wee. BEIJING, Dec 20 (Reuters) - China has ...

Tsinghua Unigroup and RDA Microelectronics Jointly Announce Amendment of ...
Tsinghua Unigroup and RDA Microelectronics Jointly Announce Amendment of ...


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