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China News 01/2014 (Page 6)



China-Japan disputes spill onto opinion pages
WASHINGTON — Escalating disputes between Japan and China are spilling onto newspaper opinion pages around the globe as the rivals try to sway attitudes abroad and placate nationalist fervor at home. Japan's ambassador to the U.S., in the latest salvo, ...

Shanghai Looks to Free-Trade Zone as Growth Target Held at 7.5%
Shanghai maintained its economic growth target for 2014 at the same pace as last year's 7.5 percent as the city seeks to develop its new free-trade zone. “We seek substantive progress with pilot reforms” this year and will make “all-out efforts” to ...

China continues pressing territorial claims in East and South China Seas
BEIJING — Two months after China declared an “air defense identification zone” off its coast that rattled Japan and other neighbors, tensions in the region continue to rise, along with the risk of a maritime mishap that could escalate into a full ...

China Criticizes US Government Curbs on Foreign Technology Purchases
BEIJING — China's Commerce Ministry has condemned a $1.1 trillion spending bill passed by the United States Congress last week over clauses that limit technological purchases from China, saying the limits clash with the principles of fair trade. The ...

REFILE-UPDATE 2-Food security, rural environment top China's policy agenda ...
REFILE-UPDATE 2-Food security, rural environment top China's policy agenda ...

China falls in love with Sherlock Holmes
In this photo taken on Friday, Jan. 17, 2014, a girl takes pictures at a "Sherlock"-themed cafe in Shanghai, China. "Sherlock'' has become a global phenomenon, but nowhere more than in China, where fans' devotion is so intense that the BBC says this ...

Is China's Historic Credit Bubble About to Pop?
In five years, China's shadow banks have increased credit from 120 to 190 percent of GDP—a bigger run-up than the U.S. housing bubble. Matthew O'Brien Jan 19 2014, 9:00 AM ET. Tweet. More. Email · Print. Reuters. A historic credit boom. Unregulated ...

China 'building second aircraft carrier'
China has started building its second aircraft carrier as part of a growing push to develop a what would be the world's second biggest navy, according to reports in both China and Hong Kong. Wang Min, the party chief of Liaoning province in northeast ...

China's 2013 New Home Sales to Exceed $1 Trillion, Record High
China's new home sales last year likely exceeded $1 trillion for the first time as property prices in cities the government considers first tier surged in the absence of more nationwide property curbs. China Real Estate Information Corp., or CRIC, and ...

China's Coal to Gas Plans: Old Wine in New Bottles
The Chinese coal industry has a plan to solve the nations air pollution crisis - consume more coal. Last week the Chinese chief energy planning agency, the National Energy Administration (NEA) concluded its annual work session with a plan for for a ...

China cheer muted as Deutsche Bank sets European nerves jangling
LONDON (Reuters) - Big losses for Germany's biggest bank meant European markets started the week on a sour note on Monday as slightly better than expected Chinese data failed to dispel a general air of caution. Deutsche Bank (DBKGn.DE) reported a ...

Asian Stocks Fall After China GDP Data; Nintendo Tumbles
A man walks on an overpass in the Luohu district of Shenzhen, China. Growth in China... Read More. A man walks on an overpass in the Luohu district of Shenzhen, China. Growth in China was probably 7.7 percent in 2013, unchanged from the previous year ...

In Letter, Former Premier Denies Using Office for Personal Gain
Wen Jiabao at a news conference following the closing session of the National People's Congress in Jason Lee/Reuters Wen Jiabao at a news conference following the closing session of the National People's Congress in March 2011. In a letter to a Hong ...

China Grand Automotive Readies IPO -- 2nd Update
HONG KONG--A strong pickup in China automobile demand is helping fuel two new deals worth up to $1.53 billion in the nation's highly-competitive car dealership market. China Grand Automotive Services Co., in which U.S.-based private-equity firm TPG ...

Pakistan in Talks to Acquire 3 Nuclear Plants From China
ISLAMABAD, Pakistan—Pakistan is in talks with China to acquire three large nuclear power plants for some $13 billion, Pakistani officials said, in a further blow to international efforts to restrict the trade in nuclear technology. The deal is in ...

China Workforce Slide Robs Xi of Growth Engine Amid Slowdown
China's second straight annual drop in its working-age population is robbing President Xi Jinping of an engine of three decades of growth, underscoring the need to close the gap between his achievements and ambitions. Xi and Premier Li Keqiang, who in ...

UPDATE 3-China's 2013 oil demand sees slowest rise in at least 22 years
... ». * 2013 demand up 1.6 pct to 9.78 mln bpd. * Slowest rise since at least 1992 - IEA data. * Dec demand down 7.5 pct on yr to 10.06 mln bpd (Clarifies how implied demand growth is calculated). By Judy Hua and David Stanway. BEIJING, Jan 20 ...

Emerging Stocks Decline for Third Day on China as Lira Weakens
Most emerging-market stocks fell after reports showed China's growth slowed in the fourth quarter while factory output and business spending trailed estimates. Turkey's lira slid to an all-time low. The MSCI Emerging Markets Index dropped less than 0.1 ...

JP Morgan drops second China IPO amid 'princeling' probe
HONG KONG, Jan 20 (IFR) - JP Morgan has ceased working on the proposed US$1bn IPO of Jinzhou-based Tianhe Chemicals amid an ongoing investigation into its hiring practices. The bank walked away after managers raised concerns over the ...

China orders real name register for online video uploads
BEIJING (Reuters) - Chinese Internet users are now required to register their real names to upload videos to Chinese online video sites, an official body said, as the Communist Party tightens its control of the Internet and media to suppress anti ...

China Eases Controls on Bank Write-Offs of Bad Loans
BEIJING—China has moved to make it easier for banks to write off bad loans amid signs of rising problem debt in the world's second-largest economy. Banks still need to follow strict rules to write off loans. But under new rules that took effect this ...

Most Asian Stocks Advance as BOJ Meets, China Adds Funds
A man walks past the People's Bank of China headquarters in Beijing. The PBOC supplied... Read More. A man walks past the People's Bank of China headquarters in Beijing. The PBOC supplied money to the largest commercial banks through a lending ...

China eases credit squeeze with lots of cash and surprising transparency
SHANGHAI (Reuters) - China's central bank moved to head off another destabilizing cash squeeze on Tuesday with a big injection of cash - flagged in advance in a surprising act of transparency to relieve anxious markets. Faced with an abrupt rise in ...

In China, US tech firms weigh 'Snowden Effect'
BEIJING (Reuters) - Battling a perfect storm of government suspicion and pricing probes in China, U.S. technology companies are having to re-think how they sell hardware and services in the world's second-biggest economy. U.S. multinationals, including ...

Prominent Rights Activist Faces Trial in China
BEIJING — A prominent Chinese rights activist and legal scholar who has waged a high-profile campaign against government corruption will go on trial Wednesday. Xu Zhiyong is the founder of a group that advocates for the rule of law in China and urges ...

China's Iraq Oil Imports Surge as Beijing Diversifies Crude Sources
BEIJING—China is trimming dependence from some top oil suppliers such as Saudi Arabia as greater availability of global oil helps Beijing diversify its sources of foreign crude. The changing makeup of China's foreign oil suppliers is one example of ...

China Aims for Food Security as Pollution Destroys Crop Land
China must stick to a policy of “basic grain self-sufficiency.” While keeping imports at an “appropriate” level, it must “not relax domestic food production at any time,” decrees the first policy document of the year, issued on Jan. 19 by the Central ...

China pollution wafting across Pacific to blanket US, report shows
Pollution from China travels in large quantities across the Pacific Ocean to the United States, a new study has found, making environmental and health problems unexpected side effects of U.S. demand for cheap China-manufactured goods. On some days ...

Most Emerging-Market Stocks Rise on China as IMF Lifts Forecast
Most emerging-market stocks advanced after China's central bank eased a cash shortage in the financial system and the International Monetary Fund raised its forecast for global economic growth this year. More than 450 stocks in the MSCI Emerging ...

China cracks down on media coverage as activist goes on trial
Beijing (CNN) -- A high-profile Chinese activist has gone on trial in Beijing, accused of organizing protests against official corruption, his lawyer told CNN. Xu Zhiyong is accused of "gathering a crowd to disturb public order" after a series of small ...


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