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China News 07/2014 (Page 2)



RPT-Fitch Rates China Huarong Asset Management 'A'; Outlook Stable
(Repeat for additional subscribers). July 4 (Reuters) - (The following statement was released by the rating agency). Fitch Ratings has assigned China Huarong Asset Management Co., Ltd. (China Huarong) Long-Term Foreign- and Local-Currency Issuer ...

US companies feel a colder wind in China, even as many still rake in profits
BEIJING — China is the fastest-growing major economy in the world, and has seemed to hold boundless promise for foreign companies. In a country once inhabited by people in Mao suits, a fast-expanding and urbanizing middle class is hungry for Western ...

Merkel Heads to China to Keep Alive 'Golden Decade' of Deals
Chancellor Angela Merkel of Germany will make her seventh visit to China this weekend. Credit Clemens Bilan/Agence France-Presse — Getty Images. Continue reading the main story. Continue reading the main story. Continue reading the main story Share ...

China arrests Vietnamese fishermen for territorial breach
HANOI, July 4 (Reuters) - Six Vietnamese fishermen have been detained by the crew of a Chinese vessel in the South China Sea, officials of both countries said on Friday, the latest in a two-month fracas between the Communist neighbours over maritime ...

China Makes Debut in RIMPAC Naval Drills
As maritime tensions simmer between Beijing and its neighbors in the East and South China Seas, China for the first time is joining them in naval drills led by the United States. The military maneuvers also provide an exercise in diplomacy and ...

China's New Freedom Fighters
Meet the leader of the growing democracy movement in Hong Kong that is making Communist Party officials in Beijing nervous. Email; Print; Comments. Facebook. Twitter. Google+. LinkedIn. smaller; Larger. By. David Feith ...

China's top graft-buster says no off limits in probes
BEIJING (Reuters) - No part of China's ruling Communist Party is off limits for its crackdown on corruption, the country's top graft buster was quoted as saying, sounding a warning a few days after the one of the country's most senior former soldiers ...

An Online Shift in China Muffles an Open Forum
In recent months, Weibo has been eclipsed by WeChat, which allows instant messaging within self-selected circles of followers. Credit Sim Chi Yin for The New York Times. Continue reading the main story. Continue reading the main story. Continue reading ...

Japan reluctant to join China-led new Asian investment bank
Japan has told China that it is reluctant to accept an invitation to be one of the founding members of a new infrastructure investment bank Beijing aims to create in Asia as early as this autumn, Japanese government sources said Saturday. Tokyo's ...

China Exclusive: Record-breaking Transformers stun China
BEIJING, July 5 (Xinhua) -- Many expected "Transformers: Age of Extinction," the fourth installment in the robot franchise, to be popular in China. However, few could have forecast the Hollywood blockbuster's success to be quite so stunning ...

Will China's Rise Lead to War?
Admiral Zheng He is everywhere in China these days, even though he died almost 600 years ago. The government is promoting him to remind its people — and Asia — that China's destiny is to be a great naval power. [...] The expeditions are in the ...

China to Put Foreign Investigators Linked to GSK on Trial
Two investigators hired by GSK to look into the origin of a sex tape of the former boss of its China division will face trail on August 7. Advertisement. SHANGHAI -- China will next month put on trial two foreign investigators linked to drugmaker ...

Timetable set for new fiscal system: minister
BEIJING, July 6 (Xinhua) -- China has set a clear timetable to build a modern fiscal system that will help optimize resource allocation, unify market standards, and boost social justice, the country's finance minister has said. Major reform tasks ...

Commentary: Beijing, Berlin getting closer despite geographical distance
BEIJING, July 6 (Xinhua) -- Beijing and Berlin, though thousands of miles apart, are defying their geographical distance to forge ever closer ties. The fatigue of nearly half-day flight between the two capitals cannot prevent Angela Merkel from ...

Q&A: China's Collision Between Aspiration and Authoritarianism
According to author Evan Osnos, China is engaged in a cultural battle between individualism and authoritarianism. Photograph by Sim Chi Yin, VII and Farrar, Straus and Giroux. Simon Worrall. for National Geographic. Published July 6, 2014. No country ...

Letters reveal Japanese wartime disillusionment
CHANGCHUN, July 5 (Xinhua) -- A cache of wartime letters recently released by a Chinese archives has showed that the Japanese soldiers and emigrants felt disillusioned and war-weary during their invasion of China in the Second World War. The 45,000 ...

China Focus: The bridge that saw a war begin
BEIJING, July 6 (Xinhua) -- Lugou Bridge, about 15 km southwest of Beijing's city center, is a quiet place, but the bullet-riddled wall of the nearby fortress serves as a reminder of the infamous conflict here 77 years ago. Also known as Marco Polo ...

China Focus: Website launched to promote Nanjing Massacre memorial
NANJING, July 6 (Xinhua) -- Li Gaoshan, a 90-year-old survivor of the Nanjing Massacre in World War II, on Sunday pressed a button to launch cngongji.cn, a website designed to promote commemoration of the tragedy. In February, China's top legislature ...

Kim claims back-to-back wins with dominant performance in CLPGA/KLPGA ...
Kim claims back-to-back wins with dominant performance in CLPGA/KLPGA ...

17 coal miners trapped underground in China
July 6, 2014: In this photo released by China's Xinhua News Agency, miner Duan Xukang receives a treatment at a hospital in Fukang City, northwest China's Xinjiang Uygur Autonomous Region, after being rescued following a gas explosion at a coal mine in ...

PBOC Wades Into Fiscal Waters as China Boosts Stimulus
China's central bank is seeking to support economic growth with unconventional tools that Credit Suisse Group AG and Everbright Securities Co. say look more like fiscal policy. The People's Bank of China this year started a 100 billion yuan ($16 ...

China's New Economy Stocks Selling Off With the Old
Customers look at an electronic stock board at a securities firm in Shanghai, China, on Monday, July 1, 2013. Chinese banks' valuations are close to their lowest on record as the nation's interbank funding crisis exacerbated investors' concern that ...

IBM Will Help Beijing Monitor Pollution
BEIJING — IBM announced an agreement on Monday with the city of Beijing to use advanced weather forecasting and cloud computing technologies to help tackle the Chinese capital's persistent smog. After a series of pollution scares and scandals, China's ...

China Lambasts Japan's Wartime Aggression to German Chancellor
German Chancellor Angela Merkel is in Beijing where she met Monday with Chinese Premier Li Keqiang. The German leader is heading a large business delegation, and discussions with senior Chinese leaders are expected to focus on business and ...

China starts new multibillion-dollar power line
BEIJING, July 7 (Reuters) - China has started operating another multibillion-dollar ultra-high voltage (UHV) power line, connecting its second-largest hydropower plant in the landlocked west to a province on the east coast, the official China Energy ...

JinkoSolar Partners with Tsinghua University as the Sole PV Facility Provider ...
JinkoSolar Partners with Tsinghua University as the Sole PV Facility Provider ...

COLUMN-China's arid north feeds water-rich south: Kemp
(John Kemp is a Reuters market analyst. The views expressed are his own). By John Kemp. LONDON, July 7 (Reuters) - Booming demand for food in China's southern and eastern cities is worsening water shortages in arid northern provinces, adding to the ...

China's Xi Ratchets Up Pressure on Japan
In a clear sign that China's leaders have little interest in cooling tensions with Tokyo, President Xi Jinping attacked Japan today for misrepresenting its wartime aggression, in a nationally televised speech. “History is history and facts are facts ...

The Chinese Turn Their Rooftops (And Closets) into Mini-Farms
Roger Mu, an entrepreneur from Texas now living in Shanghai, scoured local markets for jalapeño peppers, but to no avail. Homesick for homemade salsa, he eventually decided to grow his own. Living in a cramped Shanghai apartment with no outdoor lawn ...

China's Stocks Rise to Three-Week High as Datang Power Advances
China's stocks rose, sending the benchmark index to a three-week high, before the release of inflation data tomorrow as Datang International Power Generation Co. led a rally for utilities on a restructuring plan. Datang Power jumped at least 10 percent ...


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