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China News 02/2014 (Page 5)



Beijing Air Pollution Eases After Two Days at Hazardous Levels
Air pollution in Beijing eased after two days of hazardous levels as firework displays traditionally used to mark the end of the Lunar New Year festival added to atmospheric contamination. Micrograms-per-cubic-meter concentration of PM2.5, fine ...

Xinhua Insight: Baby hatches reveal deficient children's welfare in China
BEIJING, Feb. 16 (Xinhua) -- Just two weeks after the first baby hatch was established in the south China city of Guangzhou in late January, nearly 80 abandoned infants had been collected from the safe place. A baby hatch allows a parent to safely and ...

China Tiger Moms Turn Guardians of One-Child Policy as Law Eases
Rosa Xia, a 39-year-old mother in Shanghai, is allowed to have a second child. She doesn't think she can afford it. She reckons a fifth of the 6,000 yuan ($989) a month she earns as a Shanghai nanny goes to her 12-year-old daughter Amy: saxophone and ...

China's Record New Credit Boosts Outlook for Economic Growth
People dance at the Shenzhen Civic Center. Aggregate financing was 2.58 trillion yuan ($425 billion), in January, the People's Bank of China said yesterday, exceeding the 1.9 trillion yuan median estimate in a Bloomberg News survey and the previous ...

Asian Stocks Advance on Record New Lending in China
Asian stocks rose for a second day after China's new credit increased to a record in January, boosting optimism the world's second-largest economy can maintain growth momentum. China Life Insurance Co. (2628), the nation's biggest company in the sector ...

Asian Stocks Advance After China's New Lending Climbs to Record
Asian stocks rose for a second day after China's new credit increased to a record in January, boosting optimism the world's second-largest economy can maintain growth momentum. China Life Insurance Co. (2628), the nation's biggest company in the sector ...

China's "baby hatch" numbers set to increase
(CNN) -- The number of China's so-called "baby hatches" - a place where mothers can leave newborn babies anonymously - is set to increase as the government tries to protect more of the country's abandoned infants. The hatches, which were first ...

China Urbanization Helps Turn Ex-Truck Driver to Billionaire
(Share price closed in third-to-last paragraph.) Feb. 17 (Bloomberg) -- Wong Choihing, a former truck driver, has become a billionaire as shares of Hydoo International Holding Ltd., a Chinese trade-center developer he leads, soared more than 70 percent ...

A New Facility Replaces Labor Camps in China
A Chinese netizen posted online the sign identifying an illegal detention center in Henan Province. The sign says "The Education and Discipline Center for Abnormal Petitioning" in Nanyang, Henan. (Weibo.com). My nearly 70-year-old mom has been ...

China Tackles $1 Trillion Data Gap as Xi Changes Metrics
The gap in reported economic output between China's provinces and national statistics narrowed for the first time in six years as Communist Party leaders vowed to reduce the focus on growth in evaluating local officials. The combined nominal economic ...

China's bold environmental move
There has been some surprising good news out of China. As you probably know, China's super-speed growth has produced super-high levels of pollution. Indeed, Beijing's poor air quality has popularized the word "air-pocalypse". There are days when you ...

China targets factory output growth of around 9.5 percent in 2014
BEIJING (Reuters) - China aims for around 9.5 pct annual growth in industrial output in 2014, the industry ministry said on Tuesday, supporting the view that Beijing may stick with its target for economic growth of 7.5 percent this year. Mao Weiming, a ...

China Tackles $1 Trillion Gap in Data as Xi Changes Metrics
(Updates with industrial target in 13th paragraph.) Feb. 18 (Bloomberg) -- The gap in reported economic output between China's provinces and national statistics narrowed for the first time in six years as Communist Party leaders vowed to reduce the ...

Qingdao city next in line to set up emissions market in China
... ». * Advisers, backed by city's mayor, drawing up rules for emissions trading. * City plans binding CO2 caps on up to 300 major firms. * Scheme to trade CO2 permits could start next year. * Beijing intends to launch national carbon trading; timing ...

China to spend $330 billion to fight water pollution -paper
BEIJING (Reuters) - China plans to spend 2 trillion yuan, or $330 billion, on an action plan to tackle pollution of its scarce water resources, state media said on Tuesday. China has a fifth of the world's population but just 7 percent of its water ...

UN North Korea Report Puts China in Uncomfortable Position
BEIJING--A United Nations report that bleakly details widespread human rights abuses in North Korea is putting China in an uncomfortable position over its close ties to its isolated neighbor. In its damning portrayal of North Korea, a special ...

Government Inspection Team Finds Favoritism, Extravaganza At China Three ...
Government Inspection Team Finds Favoritism, Extravaganza At China Three ...

Demand for China Traveler is Domestic: Sangster
Feb. 18 (Bloomberg) -- Andrew Sangster, Editor at Hotel Analyst, discusses InterContinental's earnings and overall hotel investment in emerging markets. He speaks on Bloomberg Television's “The Pulse.” (Source: Bloomberg). Please enable JavaScript to ...

China's Share of Global Cancer Deaths Tops 25 Percent
China's newest billionaire is Hao Zhenxi, founder of a Zhuhai-based medical equipment manufacturer that specializes in hospital supplies for treating cancerous tumors. The share price of Zhuhai Hokai Medical Instrument Co., which is traded on the ...

China, Japan headed down opposite policy paths
Asia's major central banks, the People's Bank of China (PBoC) and Bank of Japan (BOJ), look to be headed in opposite policy directions judging by their recent moves, say strategists. The PBoC unexpectedly drained 48 billion yuan ($7.9 billion) from ...

China Stocks Rise to Two-Month High as Banks, Energy Shares Jump
An investor looks at stock prices on a screen in a securities exchange in Shanghai. An investor looks at stock prices on a screen in a securities exchange in Shanghai. Close. Close. Open. Photographer: Peter Parks/AFP/Getty Images. An investor looks at ...

China shares tick up on easing money rates; Hong Kong slides
... slideshows. * SSE + 0.63 pct; HSI -0.20 pct; H-shares -0.45 pct. * Falling money market rates ease tightening fears. * Mixed China macro data leads to caution. * Wait-and-see mode before China parliament session - analyst. By Gabriel Wildau ...

China plays up meeting with senior Taiwan figure
BEIJING — Chinese state media devoted blanket coverage Wednesday to a visit by a senior figure in Taiwan's ruling party in a sign of its desire to nudge the self-governing island closer to Beijing. Coverage of a meeting between Lien Chan and Chinese ...

China Probes Former Aide to Zhou as Investigations Widen (1)
China is probing a one-time aide to Zhou Yongkang for discipline violations, the latest official to be ensnared by corruption investigations surrounding the retired Politburo Standing Committee member. Ji Wenlin, vice governor of southern China's ...

Pesek on Asia: China's Economist Clampdown
Good morning. Here's my take on some of the stories driving the debate in politics, finance and social issues across Asia today: China's economist crackdown. It used to just be the Internet and foreign media, but China's censorship efforts now extend ...

Pakistan president discusses economy in China
BEIJING (AP) — Longtime allies Pakistan and China signed agreements Wednesday to build a new airport and upgrade the fabled Karakorum Highway as part of efforts to build an "economic corridor" through rugged mountains and regions torn by insurgent ...

China's competition watchdog has its eye on auto parts market
SHANGHAI/BEIJING Dec 5 (Reuters) - China's monopolies regulator has been collecting evidence of possible anti-competitive behaviour in the country's auto parts market, it said on Wednesday. Foreign carmakers were accused by Chinese state television in ...

Asian shares decline on weak China data
HONG KONG — Asian markets moved lower on Thursday, with Japan and Hong Kong leading the region down, as an important measure of Chinese manufacturing activity dropped to a seven-month low. Hong Kong's Hang Seng Index (HSI:HK:HSI) finished ...

China Refiner Could Set Public Path for Other SOEs
China's oil-refining giant has made another move to open up its businesses to outside money, potentially setting an example for Chinese state-owned enterprises that Beijing is prodding to reform. State-controlled China Petroleum & Chemical Corp., known ...

Asian Stocks Fall Most in Two Weeks on China Manufacturing Data
Asian stocks fell the most in two weeks after a Chinese manufacturing gauge dropped more than economists had estimated. Industrial & Commercial Bank of China Ltd., the nation's largest lender, slid 2.7 percent. Naver Corp. (035420) sank 8.1 percent in ...


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