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China News 04/2014 (Page 4)



China Court Frees Japanese Ship After Unprecedented Seizure
Mitsui O.S.K. Lines' cargo ship "Baosteel Emotion" sits anchored at a port in Zhejiang province, China. Close. Mitsui O.S.K. Lines' cargo ship "Baosteel Emotion" sits anchored at a port in Zhejiang province, China. Close. Open. Source: JIJI PRESS/AFP ...

Agents for Japan's Marubeni detained in China
BEIJING -- Japan's Marubeni Corp. said Thursday that three Chinese women employed at a Chinese company affiliated with one of its U.S. trading units have been detained in China. Marubeni, Japan's largest grain trader by volume, said the Chinese ...

China Sets Heavier Punishments for Polluters
The CCTV building can barely be seen through the thick air of Beijing's central business district. Reuters. BEIJING—China's parliament amended the country's environmental-protection law for the first time in a quarter century, giving nongovernmental ...

Astika Holdings, Inc. Proceeding With the Nantong Dredging Acquisition
AUCKLAND, New Zealand, Apr 24, 2014 (Filing Services Canada via COMTEX) -- Astika Holdings, Inc(the "Company") (otcqb:ASKH) a strategic acquisition company of service, agriculture and industrial companies from the Nantong Region in China ...

MAKERS Launches in China
MAKERS, the first-of-its-kind multiplatform initiative from AOL becomes a global platform today with the launch of MAKERS in China. In partnership with Yang Lan, a broadcast journalist and founder of Sun Media Group -- one of China's leading private ...

China's Wuxi City Eases Some Property Rules as Home Sales Slip
SHANGHAI--The east China city of Wuxi has eased some of its property-market regulations amid sluggish home sales and fears this could hurt local economic growth. Authorities in the east China city have loosened eligibility for gaining an urban ...

China Court Releases Japanese Ship at Center of Dispute -- Update
Japanese shipping company Mitsui O.S.K. Lines Ltd. paid nearly $40 million to free a ship impounded by Chinese authorities, according to a Chinese court, in a dispute that dates to Japan's wartime occupation of China and that comes amid strains between ...

China demands local solutions for grievances
BEIJING (AP) — For decades, members of the Chinese public with grievances against local governments have been traveling to Beijing in the time-honored tradition of appealing to the country's highest authorities. The practice will be banned after May 1 ...

China Pledges Major Stimulus Projects, Invites Private and Foreign Investors
China's State Council, presided over by premier Li Keqiang, has announced plans to pump out major new stimulus projects this year, following an executive meeting yesterday. The announcement comes with new signs of weakness in the economy; an HSBC ...

China Shale Boom Seen by Honghua as Pollution Cuts Coal Use
Honghua Group, a Chinese drilling-equipment maker that gets most of its business from overseas, is seeking to expand at home as the nation works to spark its own shale gas revolution. The Chengdu, Sichuan-based company, which has sold rigs for use in ...

Asian economic growth to languish this year, China the worry: Reuters poll
BANGALORE (Reuters) - Growth in emerging Asian countries will be lackluster this year and contribute less to the global economy, despite signs of recovery in the region's major trading partners in the West, Reuters polls showed on Friday. Much will ...

Obama's Asia trip will be overshadowed by China's 'blue national soil'
Beijing calls it Sansha. Others call it expansionism that makes Putin's Crimea grab look like child's play. Philippine naval vessel second thomas shoal Enlarge. This Philippines Navy vessel has been grounded since 1999 to assert the nation's ...

China believes arms firm did not violate rules in Syria
BEIJING (Reuters) - China's foreign ministry said on Friday that it did not believe that the country's biggest arms maker had violated any international conventions, after a canister bearing its name was shown in footage believed to document a gas ...

Many return to work after Yue Yuen offer in China strike
SHANGHAI/HONG KONG (Reuters) - Many of the thousands of shoe factory workers who have staged one of China's biggest strikes over the past two weeks have returned to work after the company agreed to meet some of their core demands, workers and a ...

Beijing's Struggle to Keep People in Their Place
A farmer removes old plants to sow broad beans at a village near a new residential compound in Hefei, Anhui province, November 13, 2013. Reuters. China's Communist Party has a message for the country's put-upon rural residents: Don't come to us, we'll ...

US Manufacturing Gaining On China, Brazil And Rest Of World, Study Finds
WASHINGTON (AP) – U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies. So says a new private study, which found that rising wages and higher ...

China Revises Environmental Law
HONG KONG — After almost two years of debate, China's parliament has passed a new law that analysts say is a positive step in addressing the country's systemic problems with the environment. Environmental groups say that although implementation may ...

In China, Dawn of a Gilded Age
There's a gold rush in China's automobile market, it would seem, judging by the huge array of new vehicles on display at Auto China 2014 in Beijing. The organizers promised that more than 1,000 new models — including over 100 world premieres — would ...

Chen Yizi, a Top Adviser Forced to Flee China, Dies at 73
Chen Yizi, who helped reshape China's economy in the 1980s but who was deemed a counterrevolutionary after defending the student-led protests that filled Tiananmen Square in 1989, died in exile on April 14 in Los Angeles. He was 73. The cause was ...

Asian Stocks Post Weekly Decline on China Factory Data, Ukraine
Asian stocks dropped this week, with utilities and materials producers leading declines, after China manufacturing data signaled persisting weakness in the world's second-largest economy. Anhui Conch Cement Co., China's biggest producer of the building ...

China's Hebei Reports Growth Slump on Capacity, Pollution Curbs
China's Hebei province said economic expansion slumped to 4.2 percent in the first quarter from a year earlier, as steel output fell and factories closed amid government efforts to clean up the environment. The increase in gross domestic product ...

China to further ease currency controls for multi-nationals in pilot
BEIJING, April 26 (Reuters) - China will expand a trial programme to make it simpler for multi-national firms to transfer funds within and outside the country, in a move that will further open its tightly controlled capital account. The experiment ...

Xinhua Insight: Property bubble will not wreck China's economy
BEIJING, April 26 (Xinhua) -- Economists from China's leading think tanks have dismissed predictions that a possible property meltdown would trigger a crisis or even a crash in the world's second largest economy. "It can be said that China's property ...

China's Private Sector Amasses Gold
Gold bars are seen in this file photo. China's private sector is amassing gold and has outpaced India, pushing that country to second place in 2013, according to a mid-April report by the World Gold Council (WGC). (MICHAL CIZEK/AFP/Getty Images) ...

Levy maintains 3-shot lead at China Open
SHENZHEN, China (AP) — A day after Alexander Levy played a near-perfect 62 in the second round at the China Open — the best 18-hole score of his career — the Frenchman was happy just to get off the course with a 2-under 70 Saturday in pelting rain ...

China's greening efforts
QINGDAO, April 27 (Xinhua) -- A horticulture expo in east China's Qingdao City is promoting environmental protection and a green future, attendees said on Saturday. Hans Friederich, Director General of the International Network for Bamboo and Rattan ...

China releases Japanese wartime documents - state media
SHANGHAI, April 27 (Reuters) - China has released previously confidential Japanese wartime documents, including some about comfort women forced to serve in military brothels during World War Two, state media reported. The publication comes during a ...

Stray dogs buried alive in N China causes outrage
HOHHOT, April 27 (Xinhua) -- The welfare of stray animals is in the spotlight once again, after around one hundred dogs were buried alive in north China. A post on Sina Weibo, the Chinese equivalent of Twitter, appealed for help on Wednesday night to ...

China-Vietnam border private currency trading expected to end
NANNING, April 27 (Xinhua) -- China established a currency trading center on the China-Vietnam border on Saturday that many say will help end rampant illegal private currency trading. The ASEAN (Association of Southeast Asian Nations) Currency ...

Levy wins first European Tour title at China Open
In this photo released by OneAsia, Alexander Levy of France watches his shot during the final round of the Volvo China Open at Genzon Golf Club in Shenzhen, southern China, Sunday, April 27, 2014. Levy held on to win his maiden European Tour title at ...


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