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China News 01/2014 (Page 4)



U.S. judge opens way for China's Wanxiang bid for Fisker
WILMINGTON, Delaware (Reuters) - A U.S. judge rejected a planned sale of Fisker Automotive to Hong Kong businessman Richard Li in favor of competitive bidding, opening the way for China's largest auto parts company to bid for the maker of the Karma ...

In China, picking a name takes the right characters
BEIJING — Ms. Wheat Golden Farmer. Was that really the new me? When I was offered the chance to move to Beijing, I was excited about picking a Chinese name. After all, how often does one get to select a new identity? In China, the names of foreign ...

Japan condemns China fishing curbs; vows to defend islands
NARASHINO, Japan (Reuters) - Japan on Sunday joined the United States in criticising China's new fishing restrictions in the South China Sea, saying the curbs, coupled with the launch last year of an air defence zone, has left the international ...

Foreigners should train with China team: ITTF
DUBAI (Reuters) - China's table tennis federation should give foreign players more access to its coaches to ease the country's stranglehold on the sport and attract more television and sponsor interest, the head of the world governing body said. In the ...

Fire Destroys Homes in China's Shangri-La
BEIJING—A weekend fire destroyed and damaged more than 200 homes in a southwest China region renamed Shangri-La after the fictional Himalayan paradise. Investigators have preliminarily ruled out arson in the Saturday fire in the ancient Tibetan town ...

Aging China: Death Of Man Waiting For Ambulance Underscores Shanghai's ...
Aging China: Death Of Man Waiting For Ambulance Underscores Shanghai's ...

Zero-Profit Strategy Sinks Ctrip as Qunar Falls: China Overnight
Ctrip.com International Ltd. (CTRP), Qunar Cayman Islands Ltd. and eLong Inc. tumbled, sending Chinese stocks in the U.S. lower for a second week, on concern growing competition will cut profits at online travel companies. Ctrip, China's biggest online ...

China auto market seen cruising to another strong year
... Stocks. * Post-recession slowdown now a thing of the past. * Double-digit growth seen for China auto market in 2014. * Sales in 2013 rose about 14 pct to almost 22 mln vehicles. * Japanese makers in China face a more cloudy outlook. By Samuel Shen ...

China says to strengthen supervision of IPOs
SHANGHAI (Reuters) - China will strengthen its supervision over initial public offerings (IPOs), the securities regulator said late on Sunday, two days after a small drug maker postponed its share sale saying it was "too big". The China Securities ...

Steve Wozniak visits Xiaomi in China, endorses its products
Apple cofounder Steve Wozniak has thrown his support behind China's top smartphone maker, Xiaomi, and said the company's products could succeed internationally. ”Xiaomi has excellent products; they're good enough to crack the American market,” ...

VW Passes GM in China for First Time in Nine Years
Volkswagen AG (VOW) outsold General Motors Co. (GM) in China for the first time in nine years to recapture the lead among foreign automakers in the world's largest car market. VW's 2013 deliveries in the country, announced last week, increased 16 ...

Seoul Affirms Interest in Joining TPP, But Says China Deal Comes First
South Korea's Trade Ministry made clear Monday that the country will prioritize bilateral free trade negotiations with China this year over the multilateral Trans-Pacific Partnership. Inaugurating a trade promotion committee, the ministry said in a ...

China Car Sales Seen Speeding Past Forecasts
The folks at China's auto makers association are a cautious lot – at least when it comes to forecasting sales. Much like the nation's economic planners of the past, the industry association routinely cranks out sales forecasts that turn out to be miles ...

China Tourist Town Burned Despite Safety System
A fire prevention system costing more than $1 million wasn't functioning and failed to prevent a blaze that razed an ancient tourist town in southwest China, the fire service said Monday. The system in Dukezong had been shut down to prevent pipes from ...

Network CN Inc. Signs Operating Agreement on Advertising Media for the ...
Network CN Inc. Signs Operating Agreement on Advertising Media for the ...

Boreal Water Collection Signed With Suzhou Hengrun Import & Export Corp., Ltd ...
Boreal Water Collection Signed With Suzhou Hengrun Import & Export Corp., Ltd ...

President Death Leaves Heir Overdue Rail Payments: China Credit
Li Changjin, chairman of China Railway Group Ltd., attends a news conference in Hong Kong on April 16, 2012. Photographer: Jerome Favre/Bloomberg. The death of China Railway Group Ltd. (390)'s president left his successor an escalating challenge: ...

China Seeks to Invest in Dutch Grain Trader
HONG KONG—Chinese state-owned food company Cofco Corp. offered to buy a minority stake in Netherlands-based grain trader Nidera BV, the latest move by the world's most-populous country to secure access to food resources. Cofco submitted a binding ...

China Stocks Fall to Five-Month Low as Technology Leads Retreat
Chinese stocks fell, sending the benchmark index to a five-month low, as declines for technology and consumer shares overshadowed a rally for Aluminum Corp. of China Ltd. and raw-material companies. GoerTek Inc. (002241), an Apple Inc. supplier, ...

Death toll from new China bird flu rises - WHO
LONDON Jan 13 (Reuters) - Six more people in China have been confirmed as infected with the new H7N9 strain of bird flu and one of them has died, the World Health Organisation (WHO) said on Monday. Three of the other five patients are in either a ...

Beijing Tourism Drops on Air Pollution, Yuan, China Daily Says
The number of tourists visiting Beijing fell last year because of the city's air pollution, a stronger yuan and weakness in the global economy, China Daily reported, citing an official study. The Chinese capital drew 4.2 million visitors from January ...

No Quick Fix for China's Air Quality
People wearing masks walk in front of a statue of Mao Zedong in Shanghai in late December. Reuters. TANGSHAN, China—To control the pollution that's choking Beijing, demolition squads recently swooped down on this industrial city located two hours ...

China Industrial Plants Breach Emissions Standards, Study Finds
Steel factories and thermal power plants in eastern China that provide real-time emissions data frequently exceed national standards, a study led by an environmental group in Beijing said yesterday. Companies from those industries based in the ...

Pesek on Asia: Beijing's Growing Woes
Good morning. Here's my take on some of the stories driving the debate in politics, finance and social issues across Asia today: Something else in the Beijing air. The Chinese capital saw a 10.3 percent plunge in tourist arrivals from January to ...

Saudi to keep 2014 China crude contract volumes steady -trade
... Print. * Saudis to lose market share as overall crude imports rise * China to take more oil from Iraq, Kazakhstan, Russia * New refineries looking beyond Saudis for core supply By Chen Aizhu and Judy Hua BEIJING, Jan 14 (Reuters) - China's top ...

Richard Li's PCCW Said to Sell Beijing Property for $900M
A real estate firm controlled by Richard Li, the billionaire son of Asia's richest man, announced this week that it is in advanced talks to sell a Beijing office building for a price that is said to be in the range of $900 million. The move by Hong ...

Harsh Sentence Provides Little Comfort in China Human Trafficking Scandal
Chinese authorities have handed down a harsh sentence in the country's latest human trafficking scandal, but it is of little comfort to the hundreds of thousands who have lost their children over the years. Five years ago, human traffickers drugged Wu ...

China video sites confident public will pay for content
BEIJING (AP) — When media studies student Liu Zhiqi settles down to watch a movie or TV drama at the home of the San Francisco family she lodges with, she misses the convenience of downloading content for free like in China. For Liu, an on-demand ...

A US Furniture Maker Shifts Gears from Manufacturing to Selling in China
Last month, Wisconsin-based Ashley Furniture opened its second retail store in China. The new showroom in the southern city of Suzhou displays furniture made for compact Chinese apartments, including dining room tables measuring 1.5 meters in length ...

Arianespace Sees More Launches as India to China Plan Satellites
Arianespace, the European partnership that makes space rockets, expects demand to launch satellites to increase in Asia as China and other nations boost their space programs. Arianespace has won orders to launch satellites from customers in Japan ...


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