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China News 02/2014 (Page 4)



Pesek on Asia: China's Questionable Data
Good morning. Here's my take on some of the stories driving the debate in politics, finance and social issues across Asia today: Are China's latest data too good to be true? They may indeed be. Somehow, China's economy raced ahead in January at a time ...

Trial Begins for US Businessman Accused of Being Crime Boss in China
BEIJING — An American businessman who is accused of loan-sharking, arson, kidnapping rivals and paying thugs to toss acid in the face of a judge, among other crimes, went on trial this week in a case that has raised questions about the use of forced ...

UPDATE 1-China to set up $1.6 bln fund to help fight smog
(Adds Beijing city to shut down polluting factories). BEIJING Feb 12 (Reuters) - China said on Wednesday it would set up a 10 billion yuan ($1.65 billion) fund to fight air pollution, offering rewards for companies that clean up operations. Pollution ...

China To Help Fund Zimbabwe's Infrastructure Building Plan To Revive Its ...
China To Help Fund Zimbabwe's Infrastructure Building Plan To Revive Its ...

Taiwan is holding historic talks with China. Why are the Taiwanese indifferent?
Taiwanese officials have framed this week's ministerial-level meetings with China - the first of their kind since 1949 – as a "new chapter for cross-straits relations." The talks are being held in Nanjing, the former capital of Nationalist China, whose ...

Earthquake Strikes Remote Area of China
HONG KONG — A mountainous part of the Xinjiang region in far western China was hit by an intense earthquake on Wednesday, but officials said the area was isolated and thinly populated and there were no initial reports of deaths. The quake, measured at ...

China Said to Target 7.5% Export Growth in 2014
A COSCO Pacific Ltd. container ship enters the Port of Long Beach in Long Beach, California, U.S. Photographer: Tim Rue/Bloomberg. The Chinese government is targeting export growth of about 7.5 percent in 2014, three people with direct knowledge of the ...

China's top oil firm blacklisted for environmental breaches
BEIJING Feb 13 (Reuters) - The China National Petroleum Corporation (CNPC), the country's biggest oil producer, has been put on a pollution blacklist for the second time in six months after breaching regulations at one of its refineries, the state ...

UPDATE 1-China auto market growth slows sharply in January
... Stocks. * Commercial vehicle sales, holiday timing blamed * Passenger vehicle sales up 7 percent from year ago * Industry body opposed to changes in foreign investment rules * If rules change, local brands would be "killed in the cradle"-CAAM (Adds ...

China Trusts' Road to Bust
Sooner or later, someone in China's trust-products universe is going to lose real money. Weeks after a hasty bailout was arranged for a troubled Chinese trust product, another shadow lender, Jilin Trust, has failed to make payments on tranches of an ...

China to Reward Localities for Improving Air Quality
BEIJING — Chinese officials announced on Thursday that they were offering a total of 10 billion renminbi, or $1.65 billion, this year to cities and regions that make “significant progress” in air pollution control, according to a report by Xinhua, the ...

China has not replaced America — and it never will
China may have the population advantage, but from a military standpoint, America remains on top. (Elizabeth Dalziel - Pool/Getty Images). M. any people seem to think it's simply a matter of when, not if, China takes the reins of world leadership. How ...

China's Self-Described Losers Play a Winning Role
Much has been made of China's brand-conscious big spenders, but an underclass of consumers may be where the real money is for many businesses. People who have embraced the label , a term that has come to essentially mean “loser,” are becoming a ...

China Can Do More on North Korea, Kerry Says
SEOUL — U.S. Secretary of State John Kerry travels to Beijing Friday where he says Chinese officials can do more to help convince North Korea to give up its nuclear weapons program. On Thursday, Kerry met Thursday with the South Korean president and ...

China Stocks Rise, Capping Biggest Weekly Gain Since September
China's stocks rose, with the benchmark stock gauge capping its biggest weekly advance in five months. Consumer companies and drugmakers led gains, while financial shares retreated. Kweichow Moutai Co. (600519), the biggest maker of baijiu liquor, ...

China Nobel Wife's Health Worsens; Needs Treatment
The health of the wife of China's jailed Nobel Peace Prize laureate has deteriorated under lengthy house arrest and she urgently requires medical treatment, close friends said Friday. Liu Xia has been forcibly sequestered at home alone for the past ...

China Proposes World's Longest Underwater Tunnel Under Bohai Sea
China may invest 220 billion yuan ($36 billion) to build the world's longest tunnel beneath the Bohai Sea to connect the northeastern city of Dalian to Yantai in Shandong province, the state-run China Daily said today. Proposals for the 123-kilometer ...

Kerry says China willing to pressure North Korea on nuclear plans
BEIJING (Reuters) - U.S. Secretary of State John Kerry said on Friday China is willing to exert more pressure to get North Korea to give up its nuclear program. He told reporters in Beijing he was pleased that China "could not have more forcefully ...

UPDATE 3-Kerry says China willing to push N.Korea more on nuclear plans
(Adds Kerry comment on South China Sea, climate change). By Arshad Mohammed and Ben Blanchard. BEIJING Feb 14 (Reuters) - U.S. Secretary of State John Kerry said on Friday China is willing to exert more pressure to get North Korea to give up its ...

Police kill 8 people in attack in western China
BEIJING (AP) — Chinese security forces on Friday fatally shot eight people who attacked police with machetes and drove cars that carried gas cylinders they detonated as bombs in the restive western Xinjiang region, state media said. Three other ...

Reimagining China's Child Welfare System
Editor's Note: Jenny Bowen, founder and CEO of Half the Sky, is the author of Wish You Happy Forever, which chronicles her personal and professional journey to transform Chinese orphanages—and the lives of the neglected girls who live in them—from a ...

How to not win friends and influence lovers, Shanghai edition
Now this is spite raised to an art form. As long as my colleagues are posting unconventional love-related stories on Valentine's Day, this one might as well get some play too: A Shanghai man whose romance dissolved last year decided to spread the ...

China Rejects Idea of Meeting With Taiwan President at APEC
TAIPEI—Taiwan said Friday that China rejected its suggestion of a meeting between their presidents at this year's Asia-Pacific Economic Cooperation summit, with Beijing saying it won't be a “suitable” time for such high-level talks. Wang Yu-chi, head ...

Kerry Presses China to Ease Internet Controls
U.S. Secretary of State John Kerry said Saturday he urged Chinese leaders to support Internet freedom and promised to look into whether American companies help Beijing curb access to online material. "Obviously, we think that Chinese economy will be ...

China January lending soars to four-year high
BEIJING (Reuters) - China's banks disbursed the most loans in any month in four years in January, a surge that suggests the world's second-biggest economy may not be cooling as much as some fear. Chinese banks lent 1.32 trillion yuan ($217.6 billion) ...

China plans the world's longest undersea tunnel
China is planning another engineering marvel: a tunnel more than twice the length of the Channel Tunnel underneath Bohai Ba. Graphic: Telegraph.co.uk. By Malcolm Moore, Beijing – 15 February 2014 ...

China military port gets key Hong Kong go-ahead
Hong Kong has taken a key step towards approving the construction of a Chinese military port along its waterfront, China's state media reported Saturday, despite fierce public opposition to the move. In a unanimous decision, Hong Kong's Town Planning ...

China's Polluted Air Is Changing the Weather
This picture taken on January 22, 2013 shows a thermal power plant discharging heavy smog into the air in Changchun, northeast China's Jilin province. China has cleaned up its air before but experts say that if it wants to avoid the kind of smog that ...

Looking Back: How the West Failed China With the Beijing Olympics
The International Olympic Committee (IOC), it happened on your watch. You let another Berlin 1936 happen right under your nose. And you rode the big commercial wave right into the algae-filled sailing pond. You let yourself and the entire West be duped ...

Chinese 'Diaosi' May Have More Purchasing Power Than The Nation's Super-rich
A gamer plays online games at an internet cafe in Taiyuan, Shanxi province, January 23, 2010. REUTERS/Stringer. China's luxury shoppers may be curtailing their spending due to pressure from the government's austerity measures, but don't fret, because ...


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