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China News 02/2014 (Page 7)



UPDATE 3-China's home price rises ease for first time in 14 months
... Stocks. * Government measures, tightening liquidity conditions help cap prices. * More signs showing rises will ease this year. * But prices to remain elevated in main cities. * Shares in property firms fall on reports of bank lending curbs ...

China seeks jailed former tycoon who fled country
BEIJING Feb 24 (Reuters) - Chinese authorities are looking for a former drinks tycoon who bribed his way out of jail and fled the country after being sentenced to 15 years in prison for embezzling millions of dollars in public funds, state media said ...

Guangdong Province Selected for First Demonstration of China National SVAC ...
Guangdong Province Selected for First Demonstration of China National SVAC ...

China Plays Down Border Dispute with India
BEIJING—China's Foreign Ministry on Monday played down a long-simmering border dispute with India, brushing off a blunt comment by the front-runner to become India's next prime minister that Beijing is set on territorial expansion. Over the weekend ...

Irate Patients Attack China's Doctors and Nurses in Hospital Violence
The latest violent incident was on Feb. 20, after a patient attacked a pregnant nurse in Hangzhou, Zhejiang province. While the nurse wasn't seriously injured, that wasn't the case in separate attacks that same week. On Feb. 18, a doctor had his throat ...

World stocks drop on China economy jitters
MANILA, Philippines (AP) — World stock markets mostly fell Monday after a slower increase in Chinese property prices added to jitters about the strength of the world's No. 2 economy. In early European trading, Britain's FTSE 100 shed 0.3 percent to 6 ...

Markets Brush Aside China Jitters
A stronger than anticipated start to the week on Wall Street helped shore up markets in Europe on Monday despite earlier concerns over the Chinese property market. With the Standard & Poor's 500 index pushing into record territory following a round of ...

Philippines Summons China Envoy Over Water Cannons in Shoal (1)
Chief of Staff General Emmanuel Bautista speaks at the Foreign Correspondents Association of the Philippines (FOCAP) annual prospects forum in Manila on Feb. 24, 2014. Photographer: Noel Celis/AFP/Getty Images. The Philippines summoned China's ...

China on track to meet 2020 forest targets, but concerns linger
BEIJING Feb 25 (Reuters) - China is on track to meet its 2020 target for expanding the nation's forests to cover 23 percent of its landmass to combat climate change and soil erosion, the State Forestry Administration (SFA) said on Tuesday. But some ...

Compliance becomes hotter issue for US firms in China: report
SHANGHAI (Reuters) - U.S. companies in China placed greater focus on compliance last year after several high profile probes into corruption and high pricing, but rising costs and a skills shortage remained their main concerns, the American Chamber of ...

Property remains top wealth driver in China-Hurun list
BEIJING Feb 25 (Reuters) - Real estate remained the most lucrative road to riches in China last year, according to the Hurun Global Rich List, despite Beijing's repeated efforts to cool red-hot property prices. Six of world's 10 top real estate tycoons ...

China sees relatively big net capital inflows in 2014
BEIJING (Reuters) - China is likely to see relatively big net capital inflows this year, though the U.S. Federal Reserve's tapering of its stimulus program could help ease some pressures, the country's foreign exchange regulator said on Tuesday. The ...

Nurturing History's Miseries
NANJING, China—The politics of North Asia are shaped by historical memories. In China, these memories are filled with loathing, especially toward Japan. The memories are kept current by vast museums such as the "Memorial Hall of the Victims in Nanjing ...

Beijing Office Space Costs More Than New York and Tokyo
Beijing's persistent smog seems to have put a dent in the city's appeal to tourists. Last year Beijing Youth Daily reported that visitors to Beijing were down 50 percent in the first nine months of 2013 compared with a year earlier; the newspaper ...

Europe closes mixed as miners fall on China fears
Published: Tuesday, 25 Feb 2014 | 11:31 AM ET. European stocks closed mixed on Tuesday, with the basic resource sector pressured down due to concerns about China. Name, Price, Change, %Change, Volume. FTSE. ---. DAX. ---. CAC 40. ---. IBEX 35. --- ...

In Beijing, Complaints About Smog Grow Louder and Retaliation Grows Swifter
Visitors are silhouetted against thick smog at Jingshan Park near the Forbidden City in Beijing. Kim Kyung-Hoon/Reuters Visitors are silhouetted against thick smog at Jingshan Park near the Forbidden City in Beijing. Nearly a week into northern China's ...

WHO Warns Beijing of Hazardous Pollution Risk
Visitors wearing masks outside the Temple of Heaven in smog-covered Beijing. Agence France-Presse/Getty Images. BEIJING—The World Health Organization on Tuesday called on China to improve its air quality and urged residents of Beijing to stay ...

Shares sluggish, semblance of calm returns to China markets
LONDON (Reuters) - World shares struggled to stay above water on Wednesday as concerns over opaque policy moves in China kept investors on edge amid a scarcity of major economic data. Chinese share markets and the yuan had stabilized overnight ...

China blames Philippines for latest S.China Sea incident
BEIJING Feb 26 (Reuters) - China on Wednesday accused the Philippines of "deliberate provocations" over an incident in disputed waters in the South China Sea that drew a protest from Manila about what it called Chinese ships' use of a water cannon on ...

Bird Flu Brings More Pain for Feed Sellers in China Hurt by Hogs
The spread of bird flu in China that's killed at least 32 people is poised to choke any growth in demand for animal feed as a slump in hog prices encourages livestock owners to cut their herds. Output of feed, made from corn and soybeans, may be little ...

Pollution hides Beijing skyline; statues get masks
BEIJING — The smog is so bad even the statues wear masks. Or at least they do in pictures of a campus stunt that circulated online Tuesday as parts of northern China suffered a sixth straight day of severe pollution. After being cooped inside because ...

China Charges Scholar With Fomenting Separatism
Ilham Tohti, a scholar and advocate for China's beleaguered Uighurs, was arrested on Wednesday. Credit Gilles Sabrie for The New York Times. Continue reading the main story. Continue reading the main story. Continue reading the main story Share This ...

The Mystery Of China's Growth: Five Reasons Why Americans Will Never ...
The Mystery Of China's Growth: Five Reasons Why Americans Will Never ...

China details pension overhaul aimed at shrinking urban-rural divide
BEIJING Feb 26 (Reuters) - China has released details of a pension scheme reform that seeks to decrease urban-rural economic divisions before 2020, state media reported on Wednesday, part of an overhaul that encourages labour mobility but does not ...

China vows 'harsh punishment' for toxic smog culprits
BEIJING (Reuters) - China's environment ministry has vowed to 'harshly punish' factories and power plants that contributed to a hazardous smog which enveloped much of Northern China, official state media reported on Wednesday. Investigations had found ...

Shanghai cracks down on booming taxi app market
SHANGHAI (Reuters) - The Shanghai city government has followed Beijing's lead by restricting the use of increasingly popular taxi booking apps, putting investment into the technology by local and foreign companies at risk. New rules ban the use of ...

How China Snares Tigers, Swats Flies on Path to Reform
China's Communist Party chief Xi Jinping has spent much of his first year in office cracking down on “tigers and flies” in an anticorruption drive just as he pushes ahead with some serious economic reforms. Those broad objectives may be two sides of ...

How China is Quietly Changing the Balance of Power in the Art World
Market headlines about whether China is number one, two or three in global auction sales may only be the tip of the iceberg of what is in the making. Looking at its auction houses, private museums, and collectors, one may picture a very different ...

American Ag Firms: China Is Getting Tougher
A farmer dries newly harvested corn cobs near her field in Zhuliang village of Qingzhou, Shandong province. Reuters. U.S. agricultural companies are finding it more difficult to do business in China, according to a report by the American Chamber of ...

Pingtan Marine Enterprise Announces Launch of New Corporate Website
FUZHOU, China, Feb. 27, 2014 /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 the launch of a new version of ...


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