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China News 03/2014 (Page 4)



China scored 99.9 percent conviction rate last year
Lu Yueting stands in his trial at the Shijiazhuang Municipal Intermediate People's Court in Shijiazhuang, Monday, Jan. 20, 2014. The court sentenced Lu, a former food plant worker, to life in prison for poisoning frozen dumplings that sickened 10 ...

China Fruits Corporation Launches First Nationwide Fruit-themed Beauty ...
China Fruits Corporation Launches First Nationwide Fruit-themed Beauty ...

Doing Business In China Isn't Going To Get Any Easier
For healthcare companies doing business in China who thought this past summer's GSK crackdown was largely symbolic and unlikely to be repeated, the upcoming year is going to hold some unpleasant surprises. The structural reasons that made the GSK ...

China picks owners for 5 new private banks
BEIJING (AP) — Ten companies including Internet giants Alibaba and Tencent have been picked to invest in China's first five privately owned banks, the industry's chief regulator said Tuesday. The planned banks, part of sweeping reform plans announced ...

China Deposit Rate Liberalization Within Two Years, Says Head of China's ...
China Deposit Rate Liberalization Within Two Years, Says Head of China's ...

China Says Military Needs to Defend National Interests
A frontier soldier from the People's Liberation Army jumps through a ring of fire as part of training in China's Heilongjiang province in March. Chinese President Xi Jinping called on the country's armed forces to staunchly defend national interests ...

Special Report: How China's official bank card is used to smuggle money
MACAU (Reuters) - Growing numbers of Chinese are using the country's state-backed bankcards to illegally spirit billions of dollars abroad, a Reuters examination has found. This underground money is flowing across the border into the gambling hub of ...

China on Course to Exceed 2015 Shale Target With Fuling Find (2)
China Petroleum & Chemical Corp. (Sinopec) signage is displayed on one of the company's storage tanks in Hong Kong. China Petrochemical Corp., the parent of the listed company known as Sinopec, agreed last week with local government to build shale ...

China Will Execute Its Environmental Protection Despite Slowing Economy
The latest news, including the disappointing economic statistics of China, its first ever bond default and the more slowing of its economy in the coming years predicted by IMF, cast doubts on whether its war against pollution, declared on March 5 in ...

In rare show of goodwill, China thanks Japan for plane search aid
BEIJING, March 12 (Reuters) - China extended a rare gesture of goodwill towards Japan on Wednesday, offering thanks - albeit indirectly - for an offer of help to look for a Malaysia Airlines aircraft which when missing on a flight to Beijing over the ...

Is Hollywood the next hacking target for China?
As the movie industry becomes a growing economic force in China, a new report predicts that Hollywood may become the next target for state-sponsored hacking efforts by that country's government. In a report from FireEye, a San Jose cybersecurity ...

China Stocks Fall as Refiners Drag Down Shanghai, H-Shrs
China's benchmark stock index fell before tomorrow's industrial production data as a slump in energy producers overshadowed gains for financial companies. The Hang Seng China Enterprises Index approached a bear market. China Petroleum & Chemical ...

China Considers Tougher Anti-terror Measures
HONG KONG — Lawmakers in China are pushing for a national law to better protect the country from terrorism after a brutal attack earlier this month at a train station in the southwestern part of the country. The assault at Kunming station occurred ...

UPDATE 1-China's Jan-Feb economic activity cools to multi-year lows
BEIJING, March 13 (Reuters) - China's economy slowed markedly in the first two months of the year, with growth in investment, retail sales and factory output all falling to multi-year lows, a surprisingly weak performance that raises the spectre of a ...

Will China Be Able to Achieve Target Growth Rate?
March 13 (Bloomberg) -- Shaun Rein, founder at China Market Research Group, examines China's ability to achieve the growth target set for this year on Bloomberg Television's “On The Move.” Please enable JavaScript to view the comments powered by ...

China's woes go beyond its first corporate default
China's first-ever corporate default has rattled investors around the world. Many are now noticing how much the nation's official and unofficial banks have loaned to real estate that's overpriced, manufacturing suffering from massive overcapacity and ...

UPDATE 1-China Jan-Feb oil demand falls 3.1 pct on yr as economy slows
... slideshows. * Jan-Feb oil demand at 9.98 mln bpd, down 3.1 pct on yr. * Jan-Feb crude runs down 1 pct to 9.75 mln bpd. By Judy Hua and Chen Aizhu. BEIJING, March 13 (Reuters) - China's implied oil demand fell 3.1 percent in the January-February ...

Buddhist Volunteers Aiding Anxious Families in Beijing
A volunteer with the Tzu Chi Foundation, center, spoke with relatives of passengers on Gilles Sabrie for The New York Times A volunteer with the Tzu Chi Foundation, center, spoke with relatives of passengers on Malaysia Airlines Flight 370 at the ...

China warns of dangerous Russia sanctions 'spiral'
BERLIN (Reuters) - China's top envoy to Germany has warned the West against punishing Russia with sanctions for its intervention in Ukraine, saying such measures could lead to a dangerous chain reaction that would be difficult to control. In an ...

China worries continue to weigh on markets
LONDON - Further disappointing Chinese economic figures kept market sentiment in check Thursday, after a volatile week that has been dominated by concerns over the world's number 2 economy. Markets largely brushed aside the move by the Reserve ...

Malaysia Airlines Flight 370: China deploys largest rescue fleet ever
From high-resolution satellites to advanced warships, China's military build-up is on full display in the hunt for a missing Malaysian jetliner - putting Asia on notice as to what Beijing might do in the future to further assert its regional presence ...

China belatedly reports 31 dead in tunnel blast
BEIJING (AP) — The death toll from a little-reported road explosion was disclosed Thursday to be a much higher 31, nearly two weeks after the blast shook a highway tunnel in northwestern China. The city government of Jincheng in Shaanxi province said ...

Premier Spells Out China's Economic Challenges and Bottom Line
At his press conference on the closing day of China's annual National People's Congress, Chinese Premier Li Keqiang was unconventionally candid about the economic challenges his country has been facing and the difficulty of steering the economy back ...

Fresh worries over China prompt slew of downgrades
The rapid deterioration in China's economic momentum has put focus squarely on the world's number-two economy, with several banks sharply cutting their gross domestic product (GDP) forecasts. Bank of America Merrill Lynch (BofAML), Barclays and ...

Its Growth Targets Elusive, China Focuses on Jobs and Quality of Life
Premier Li Keqiang in Beijing on Thursday. He told a news conference that reducing air pollution was a priority for China. Credit Lintao Zhang/Getty Images. Continue reading the main story. Continue reading the main story. Continue reading the main ...

Another Deadly Knife Attack Puts China on Edge
Not again? On the morning of March 14, knife-wielding individuals unleashed a stabbing attack in Changsha, the capital of central China's Hunan province. Three people were killed and two seriously injured, according to Chinese media. In addition, one ...

Asian shares fall on China, Ukraine worries; Tokyo drops 3.3%
Asian equity markets sold off sharply across the board on Friday, as concerns over the sustainability of China's economic growth and ongoing instability in Ukraine spurred a flight-to-safety. A stronger yen exacerbated declines for Japanese shares ...

China Appeals to Malaysia for Search Information
China on Friday urged Malaysia's government to release any information it has regarding the missing Malaysia Airlines jetliner to help narrow the search area. The Foreign Ministry's appeal reflected growing frustration among Chinese officials over ...

Panic Over China Is Roiling Markets
LONDON — Concerns over the Chinese economy and the ongoing tensions in Ukraine continued to drive stock markets around the world lower Friday. The twin worries have had a firm grip over financial markets all week, especially as there's been a relative ...

Two Leaders, Two Visions at China's 'Two Sessions'
Chinese President Xi Jinping, left, and Chinese Premier Li Keqiang, right, attend the closing session the National People's Congress (NPC) at the Great Hall of the People in Beijing. Getty Images. The recently concluded “Two Sessions”—as China's ...


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