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China News 06/2014 (Page 6)



REFILE-China's national auditor finds investment irregularities at 11 state ...
REFILE-China's national auditor finds investment irregularities at 11 state ...

REFILE-Greece seeks role as China's gateway to Europe
(Refiles to fix spelling of Pacific in second paragraph). By Renee Maltezou. ATHENS, June 20 (Reuters) - China wants to invest in Greek airports and railways as well as the busiest port, officials said on Friday, as the country where the euro debt ...

China urges peaceful development of seas, says conflict leads to "disaster"
SHANGHAI (Reuters) - China, involved in a growing dispute with its neighbors over the energy-rich South China Sea, wants to promote peaceful development of the oceans, Premier Li Keqiang said, warning conflicts in the past had only brought "disaster ...

13 'thugs' die in attack on China police station
BEIJING – Chinese police shot dead 13 people who attacked a police station in the restive northwest region of Xinjiang Saturday morning, according to a report on the local government website and the state-run Xinhua news agency. "A group of thugs drove ...

China Will Solve Maritime Disputes Through Direct Talks
China will be firm in upholding its territorial integrity and believes disputes in the region should be settled through direct talks with the countries concerned, the nation's top foreign policy official said today. “We will never trade our core ...

'Old Boys' could shape the future of China's film industry
Xiao Yang and Wang Taili in "Old Boys: The Way of the Dragon," which began life as an online video short. Xiao Yang and Wang Taili in "Old Boys: The Way of the Dragon," which began life as an online video short. (LeVision Pictures). Julie Makinen ...

WWII bullets discovered at Nanjing invasion site
NANJING, June 21 (Xinhua) -- Hundreds of bullets suspected of being used by Chinese soldiers in the fight against Japanese invaders during World War II have been discovered in the east China city of Nanjing. Workers found more than 450 machine-gun ...

China opposes actions that undermine mutual trust
BEIJING, June 21 (Xinhua) -- China welcomes peace and tranquility in its neighborhood but opposes any action that causes chaos and undermines mutual trust, Chinese State Councilor Yang Jiechi said on Saturday. Yang made the remarks when ...

Rainstorms, floods kill at least 14
BEIJING, June 21 (Xinhua) -- Rainstorms and floods since mid-June have left at least 14 people dead, four missing and 3 million others affected in east and south China, according to civil affairs authorities. Seven people have died in central China's ...

China's wealth management products total $2.1 trillion - state media
BEIJING, June 22 (Reuters) - China's wealth management products totalled 12.8 trillion yuan ($2.06 trillion) as of the end of May, state media said, quoting the vice central bank head. China's market of wealth management products had grown at a rate of ...

Making it in China: Status-quo lingers in modern Beijing
As old and new Beijing slowly find a tenuous balance, the city's nearly 21.2 million residents from the hútong to the towering glass apartments to the small family shops keep characteristically Chinese customs — like the hùtong — alive. No small task ...

Chinese scholar refutes former US official's criticism of China's Asia-Pacific ...
Chinese scholar refutes former US official's criticism of China's Asia-Pacific ...

Chinese TV shows confession of teen attack suspect
BEIJING — State television on Sunday showed a teenage suspect in an attack on a mahjong games room in China's restive western region confessing and apologizing, and saying he had been influenced to carry out a holy war. China Central Television ...

Nothing exceeds like excess
They are China's first generation to grow up rich and they plan to enjoy it to the max. In the nightclubs of Shanghai, political intrigue, food safety scandals and poisonous air pollution are far out of mind as a new aristocracy, born from Deng ...

Ferragamo CEO sees improved growth outlook in H2, upbeat on China
By Lisa Jucca MILAN (Reuters) - Italian luxury leather goods maker Salvatore Ferragamo expects group results to improve in the second half of 2014 from the first six months on the back of strong demand in China and in global travel retail, its chief ...

Red carpet for China leader falls short
When Chinese Premier Li Keqiang visited London this week, he was expecting the kind of red carpet treatment befitting the leader of a world power who was scheduled to announce billions of pounds of trade deals. However, after receiving the plans for Mr ...

1st Ld-Writethru: China reports 26 deaths in southern rainstorms
BEIJING, June 22 (Xinhua) -- Rainstorms battering south China since June 18 have left 26 people dead and three missing in nine provincial-level regions, according to latest official figures. The Ministry of Civil Affairs said in a statement that 4.9 ...

UPDATE 2-China June HSBC flash PMI shows first expansion in 6 months as ...
UPDATE 2-China June HSBC flash PMI shows first expansion in 6 months as ...

US prepares for awkward military engagement with China in Hawaii
The U.S. Navy has dispatched numerous ships to Hawaii as it prepares for Rim of the Pacific 2014, the world's largest international maritime exercise. It will involve 49 surface ships and six submarines from 23 countries this year, but the inclusion of ...

Australian shares rise on China factory growth
HONG KONG (AP) — Australian shares rose Monday after a report indicated China's economic slowdown has bottomed out, but other global stock markets were mixed as concerns about widening turmoil in Iraq weighed on investor sentiment. HSBC's ...

China to start reverse mortgage pilot programme for senior citizens
BEIJING, June 23 (Reuters) - China will allow retirees to take out bank loans against their homes to pay for their living expenses under a pilot programme in four cities, the Chinese insurance regulator said on Monday. The programme is the latest ...

China-owned companies creating US jobs
Burdened with Alabama's highest unemployment rate, long abandoned by textile mills and furniture plants, Wilcox County desperately needs jobs. They're coming, and from a most unlikely place -- Henan province, China, 7,600 miles away. Henan's Golden ...

Former Top Official in China to Face Graft Trial
The trial of Liu Tienan, former head of the National Energy Administration of China, is likely to attract attention because of his dramatic fall. Credit ImagineChina, via Associated Press. Continue reading the main story. Continue reading the main ...

Chinese company sets aside 'Transformer' dispute
Beijing • Paramount Pictures and a Beijing property developer said Monday they had smoothed out a dispute over the new "Transformer" movie, which will be released in China as scheduled. The Beijing Pangu Investment Co. Ltd. said the two sides "have ...

Photo & Imaging Shanghai 2014 to be Held at Shanghai World Expo Exhibition ...
Photo & Imaging Shanghai 2014 to be Held at Shanghai World Expo Exhibition ...

Australia says China free trade deal likely by end of year
BEIJING (Reuters) - China and Australia, which have been trying to set up a bilateral free trade agreement for years, are determined to sign a deal by the end of this year, Australia's trade chief said on Tuesday after talks with Chinese leaders. But ...

China's legendary 'Crazy Yang' oil trader dies
BEIJING (Reuters) - Legendary Chinese oil trader "Crazy Yang" Qinglong, who started China's oil business with Iran in the 1990s and was reknowned as a hard-drinker who bear-hugged Iranian officials, has died, said company officials and former ...

A Neglected Problem in China's Education System
Premier Li Keqiang emphasized that point at Monday's meeting, saying a “massive skilled labor force” was needed to upgrade the “made in China” label, “from 'adequate' to 'high-quality' and 'premium'” (in Chinese). Mr. Li was talking at an unusual ...

A flexible yuan can help China cope with bigger capital flows: central bank
BEIJING (Reuters) - China needs to make the yuan more flexible to cope with possible rises in capital flows, a senior researcher at the People's Bank of China (PBOC) said on Tuesday. Ma Jun, the chief economist at the central bank's research bureau ...

China confirms attack on militia in tense far west
BEIJING — Chinese authorities on Tuesday reported an attack on security personnel at a checkpoint in the restive far western region of Xinjiang, confirming a days-old report by a U.S.-backed radio service that said five people were killed. The belated ...


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