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China News 04/2014 (Page 5)



Prices of some properties in Shanghai, Hangzhou fall-newspaper
SHANGHAI, April 27 (Reuters) - Prices of several residential properties on sale in China's eastern cities of Shanghai and Hangzhou dropped sharply over the weekend, feeding industry speculation of a fresh round of price cuts by developers to boost ...

US lawmaker urges China to expand religious freedoms
China should act to ensure religious freedoms, a top US opposition lawmaker said at the close of an Asia trip held as President Barack Obama also visits the region. House Majority Leader Eric Cantor, the number-two Republican in the lower chamber of ...

Private Investors Seen Curbing Local Debt Blowout: China Credit
Premier Li Keqiang's invitation for private investors to help finance railways, ports and waterworks will help curb a blowout in regional debt, supporting a rally in local-government financing vehicle bonds. China will open up bidding for 80 projects ...

China stocks fall after stimulus hopes fade, HK down on Tencent
... * HSI -0.4 pct, H-shares -0.1 pct, CSI300 -1.2 pct. * China president's comments dampen stimulus optimism. * Tencent down on censorship fears. * Hong Kong telecoms sector outperforms. By Natalie Thomas. BEIJING, April 28 (Reuters) - China stocks ...

China restates opposition to sanctions on Russia over Ukraine
BEIJING (Reuters) - China's foreign ministry on Monday restated its opposition to placing sanctions on Russia over the crisis in Ukraine, after leaders of the Group of Seven (G7) major economies agreed to swiftly impose further punitive measures ...

Why China's Government Is Scared of Rumors in One Video
Earlier this month, thousands of people crowded around a group of chengguan in southern China, severely beating and bloodying the officers. This week, the country's state broadcaster issued footage of the incident that shows just how deeply on edge ...

China's Ravaged Farmlands
China's environmental degradation poses a health hazard that should be classified as a human rights violation. A report issued by the Ministry of Environmental Protection and the Ministry of Land and Resources last week was another reminder of just how ...

Alibaba, Partner Invest $1.2B in China Video Site
E-commerce giant Alibaba Group is expanding its online entertainment presence by investing $1.2 billion with a partner in video website Youku Tudou. Alibaba will gain a 16.5 percent stake in the company and its partner Yunfeng Capital will get 2 ...

China's Stocks Decline Most in Seven Weeks on IPO Concern
A customer looks at an electronic stock board at a securities firm in Shanghai. Close. A customer looks at an electronic stock board at a securities firm in Shanghai. Close. Open. Photographer: Tomohiro Ohsumi/Bloomberg. A customer looks at an ...

Five lessons for China about 'peaceful rise' from 1914
Germany's Kaiser Wilhelm II, 37, is shown in 1896, eight years after being crowned emperor of Germany (AP). Rising China has been hyper-aware of the war curse that has plagued history's rising great powers. Coincidentally, 2014 is the 100th anniversary ...

China accused of anti-Christian campaign as church demolition begins
Demolition teams began destroying parts of a Chinese church that has become a symbol of resistance to the Communist Party's draconian clutch on religion, activists and witnesses said on Monday. Sanjiang church in Wenzhou, a wealthy coastal city known ...

Chinese Gangs Said to Break Limbs to Make Children Beg
A disabled beggar moves along a Beijing street on Aug. 22, 2003. Media in China recently revealed a violent criminal gang that kidnaps children, disables them, and forces them to beg on the street. (Frederic J. Brown/AFP/Getty Images) ...

UPDATE 1-China provincial GDP data adds to slowdown concerns
(Updates with analyst, central bank comments). By Aileen Wang and Kevin Yao. BEIJING, April 29 (Reuters) - China's resource-dependent and manufacturing-heavy provinces suffered the sharpest growth slowdown in the first quarter as the government ...

UPDATE 1-China city eases property rules, fuelling speculation others may follow
(Adds analyst, developer quotes). By Clare Jim and Aileen Wang. HONG KONG/BEIJING, April 29 (Reuters) - A city in southern China has eased rules on house buying as it looks to boost the local economy, raising speculation this could be the start of a ...

China April PMI seen ticking up, slowdown may persist
BEIJING (Reuters) - China's factory activity may have picked up slightly in April as the government uses targeted measures to support the economy, a Reuters poll found, but the slowdown could continue due to a cooling property sector and the impact of ...

China's aggressive museum growth brings architectural wonders
(CNN) -- With its expansive steel skin, tall parasol-shaped concrete pillars, and huge vestigial coal hoppers, the 33,000-square-meter Long Museum West Bund makes a grand impression in a former industrial site beside Shanghai's Huangpu River. Launched ...

China to charge ally of retired domestic security chief
BEIJING (Reuters) - China said on Tuesday it would charge a former senior official and ally of China's retired security boss Zhou Yongkang after a Communist Party investigation found him guilty of taking bribes and engaging in "feudal and superstitious ...

China breaks into Las Vegas show business
LAS VEGAS (AP) — An actor in a plush panda suit bounds across the stage with the enthusiasm of a minor league baseball mascot, flanked by acrobats atop bamboo poles, stone-faced kung-fu fighters and over-the-top visual effects rarely seen off the Las ...

International Business|Welcome to the Haiyatt. In China, It's Not the Hotel It ...
International Business|Welcome to the Haiyatt. In China, It's Not the Hotel It ...

China Test Shows Bad Loan Surge Would Hurt Banks' Capital
China's systemically important banks may see their capital adequacy ratio fall to 10.5 percent in the event bad loans surge fivefold, according to a stress test by the nation's central bank. The average capital adequacy ratio of the 17 banks, which ...

Massive church in China demolished; officials cite permit issue
Reporting from Wenzou, China—. One of the largest churches in the Chinese coastal city of Wenzhou, an 85,000-square-foot edifice with soaring cathedral ceilings, stained glass and spires dominating the landscape, was demolished Monday on orders of ...

Former China Official Sent for Prosecution, Communist Party Says
BEIJING—The ruling Communist Party's powerful watchdog agency expelled a former senior official and handed him over for prosecution on corruption charges, in a sign that a wide-ranging antigraft campaign championed by President Xi Jinping is moving ...

China says could add big-polluting regions to carbon market
BEIJING (Reuters) - China is developing plans to expand its pilot carbon trading schemes into more of its key industrial regions, a top climate official said, as the country continues its drive to curb emissions. China, the world's biggest emitter of ...

Activist: 1 Detained After China Factory Strike
Police detained a labor rights activist following a strike by 40,000 employees at a factory that makes shoes for Adidas and Nike, his colleague said Wednesday. Zhang Zhiru said he was informed orally by police in the southern city of Dongguan that his ...

Alibaba, the Goldman Conspiracy and China's Nightmare
Denmark's Queen Margrethe II and China's President Xi Jinping inspect honor guards during a welcoming ceremony outside the Great Hall of the People in Beijing April 24. SAN LUIS OBISPO, Calif. (MarketWatch) — Buy Alibaba. Biggest IPO ever. Tops $20 ...

China rejects sign it may soon be No. 1 economy
BEIJING (AP) — China has rejected a World Bank report that suggests it might pass the United States this year to become the biggest economy measured by its currency's purchasing power. China is on track to become the No. 1 economy by sheer size by the ...

China inflates its GDP statistics
A customer looks at items displayed on shelves at a supermarket in Shenyang, Liaoning province, April 11, 2014. China's consumer inflation rate increased in March as fresh food prices jumped, but persistent deflation in the industrial sector was ...

China Says Premier's Africa Visit About More Than Just Oil Deals
BEIJING — Chinese Premier Li Keqiang is to visit four African countries, including oil-rich Angola and Nigeria, but will not be going simply for energy deals as China increasingly aims to boost African living standards, officials said on Wednesday ...

Blast at train station in China's Urumqi, some injured - media
BEIJING (Reuters) - An explosion at a railway station in Urumqi, capital of China's restive far western region of Xinjiang, on Wednesday injured some people, state media said. The blast happened at Urumqi's south railway station, the official Xinhua ...


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