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China News 07/2014 (Page 8)



Arem Pacific Corporation Signs Definitive Acquisition Agreement With ...
Arem Pacific Corporation Signs Definitive Acquisition Agreement With ...

China's Market Finally Looks Like A Buy
Is China's economy, the second largest in the world, a disaster coming down to a hard landing, which has been the popular forecast for four or five years now? Or is it merely slowing from unsustainable double-digit growth of more than 12% a few years ...

China Quake Stories in 'Fallen City' to Broadcast on PBS
Three days after a magnitude-7.9 quake struck southwestern China's Sichuan province, Zhao Qi had made his way to the leveled city of Beichuan, wanting to help. Soldiers were carrying bags of corpses which were being disinfected. “Of course you cannot ...

Govt. crews tearing down crosses in China spurs defiance
In this photo taken July 16, 2014, a man stands near the razed remains of a Catholic church in a village in Pingyang county of Wenzhou in eastern China's Zhejiang province. Across Zhejiang province, which hugs China's rocky southeastern coast ...

China's Guangdong province removes over 850 'naked officials' from their posts
SHANGHAI (Reuters) - More than 850 government workers in China's southern province of Guangdong have been forced out of their jobs as part of an anti-crackdown on officials whose spouses and children have emigrated abroad. An investigation by the ...

Spotlight: Infrastructure construction shines in China-LatAm partnership
BEIJING, July 26 (Xinhua) -- Infrastructure construction has emerged as a highlight in the all-around cooperative China-Latin America partnership with the potential to drive bilateral cooperation to higher levels. Chinese President Xi Jinping's recent ...

Beijing announces negative list for urban planning
BEIJING, July 26 (Xinhua) -- Beijing forbids new universities and large hospitals from being built or expanded around the Forbidden City in an effort to decentralize the capital's functions and population. Manufacturing and building industries, as well ...

Russia finds friend in China as world focuses on blame for Ukraine crash
BEIJING - Russian President Vladimir Putin may feel increasingly isolated after the downing last week of Malaysian Airlines Flight 17, but on the world stage he knows he has at least one reliable friend: China's leader, Xi Jinping. Putin and Xi have ...

Apple opens new store in China, more expected
CHONGQING, July 26 (Xinhua) -- Apple opened a new store in Chongqing Municipality in southwest China on Saturday, bringing the number of Apple stores in the Chinese mainland to 11. Another Apple store is expected to be opened on Aug. 2 in Wuxi City ...

China presents opportunity, challenge for U.S. tech firms
Climbing China's Great Firewall has been a goal of many tech startups. A successful launch there, with its booming population of more than 1.3 billion, could establish sales even greater than in the U.S.. But it has been a frustrating courtship. China ...

Typhoon Matmo kills 13 people in China
BEIJING — A typhoon has killed 13 people in China and left thousands in need of basic living supplies, the Ministry of Civil Affairs said Sunday. Typhoon Matmo dumped heavy rain on Taiwan before making landfall in China on Wednesday and being ...

China's anti-graft drive is making state media bolder
BEIJING (Reuters) - China's campaign to stamp out corruption has emboldened the country's normally docile state media to push the barriers in exposing corporate wrongdoing. While it's still off-limits to delve too deeply into what government leaders ...

China Focus: China endeavors to ensure food security
BEIJING, July 27 (Xinhua) -- After reaping his wheat field this summer, Ma Yuxi is not rushing back to China's coastal cities to work odd jobs as he has in other years. Instead, the farmer and migrant worker in his forties is thinking of saying good ...

Did the New York Times Get Alibaba Excluded From China's Private Bank Pilot?
The approval of private banks in China is being hailed as a step forward in the country's economic reform. While that may be true, the bigger takeaway is that financial sector reform is moving at a snail's pace. On Friday, the China Banking Regulatory ...

Scandal-hit China food firm withdrawing all products, US parent says
BEIJING (Reuters) - The parent company of a scandal-hit Chinese food supplier said it is withdrawing all products made by the subsidiary. Shanghai Husi Food Co Ltd, owned by Illinois-based OSI Group LLC, is at the center of a major food safety scandal, ...

China Adds East China Sea Drills to Spate of Military Exercises
China announced new military drills in the East China Sea, adding to exercises under way in other areas that may further disrupt domestic air travel and add to tensions with neighbors over territorial disputes in the region. China begins five days of ...

News Anchor On Losing Side Of China's Anti-Corruption Campaign
Chinese often complain that corruption is endemic in every sector of their society. So it may come as no surprise that a government anti-corruption drive has swept up 25,000 officials in the first half of this year. The drive's victims include everyone ...

China says may have citizens fighting in Iraq
BEIJING (Reuters) - Muslim extremists from China's far western region of Xinjiang have gone to the Middle East for training and some may have crossed into Iraq to participate in the upsurge of violence there, China's special envoy for the Middle East ...

Satellites and seafood: China keeps fishing fleet connected in disputed waters
TANMEN China (Reuters) - On China's southern Hainan island, a fishing boat captain shows a Reuters reporter around his aging vessel. He has one high-tech piece of kit, however: a satellite navigation system that gives him a direct link to the Chinese ...

Microsoft says government officials make sudden visits to China offices
BEIJING (Reuters) - Chinese government officials have made sudden visits to Microsoft Corp (MSFT.O) offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections. China's State Administration for ...

China Moves Against 2 Churches in Campaign Against Christianity
The Wuxi Christian Church in Longwan, Wenzhou in eastern China's Zhejiang Province. Since early spring, the authorities in Zhejiang have issued demolition notices to more than 100 churches. Credit Didi Tang/Associated Press. Continue reading the main ...

China Spurs Aircraft Lessors to Expand Abroad for Growth
China is encouraging financial institutions with aircraft-leasing businesses to look for opportunities overseas for expansion and fundraising. Leasing companies are required to have a capital of 50 million yuan ($8.1 million) or equivalent in a “freely ...

China needs to import more food to ease water, energy shortages: official
BEIJING (Reuters) - China should boost imports of food so it can dedicate more of its scarce water supplies to energy production, especially in arid but coal-rich regions like Xinjiang and Ningxia, a senior environmental official said on Monday. Mu ...

Europe Stocks Struggle, Asia Rises on China Data
European stock markets struggled on Monday and Wall Street was expected to dip on the open amid ongoing concerns about earnings and the economic impact of sanctions on Russia. Asian indexes closed higher, however, after China reported strong ...

China food crisis spreads to foreign brands
A "temporarily unavailable" sticker masks a picture of chicken nuggets at a McDonald's restaurant in Hong Kong, as food-safety concerns prompt the fast-food chain to pull items at some locations in China and Japan. HONG KONG (MarketWatch) — For ...

China's Wenzhou River Turns Red
BEIJING —. River water turned red in an eastern Chinese city in recent days, sparking fears of another environmental crisis in China. The incident is just the latest in a series of environmental scares for people in China. Late last week, residents in ...

Goldman Says China Growth Must Slow Below 7% to Meet Goal
China should allow economic growth to slow to below 7 percent to reduce reliance on investment spending, according to Goldman Sachs Group Inc.'s Ha Jiming. Achieving Premier Li Keqiang's target of 7.5 percent gross domestic product growth for this year ...

China's Hangzhou city eases home purchase restrictions
HONG KONG (Reuters) - Hangzhou, one of the cities in China most deeply affected by an oversupply of housing and weakening property prices, has announced fresh moves to ease home purchase restrictions, following similar steps taken by other city ...

Obama Seeks Closer Africa Ties as China Is First Choice
Workers for China Petroleum Engineering & Construction Corp. (CPECC) talk on a mobile handset by oil storage tanks near Melut, in the Upper Nile, Sudan. Photographer: Trevor Snapp/Bloomberg. When Uganda sought bids last month for an $8 billion ...

Exclusive: Goldman unit eyes foray into China amid metals financing scandal
NEW YORK/SYDNEY/LONDON (Reuters) - Goldman Sachs Group Inc's metals warehousing unit is exploring its first foray into China, and privately held C Steinweg has expanded capacity there, sources said, as a financing scandal in a major Chinese port ...


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