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China News 09/2014 (Page 8)



Intel, Microsoft On China Offensives With Deal, CEO Visit
Microsoft and Intel, the sputtering “Wintel” pair that once dominated the high-tech industry, are both in the China headlines today, as each tries to reverse its downward slide in the important market. In the first case, Microsoft's new CEO Satya ...

ASIA CREDIT CLOSE: New issues tighten ahead of golden week
HONG KONG, Sep 26 (IFR) - Asian investors were surprisingly active on Friday, scooping up new issues ahead of China's Golden Week holiday. China's Semiconductor Manufacturing International Corporation's debut USD500m 5-year offering tightened ...

China tells Taiwan: Reunifying will end antagonism
BEIJING — Chinese president Xi Jinping said reunifying the mainland and Taiwan is about ending political antagonism rather than about rebuilding territories and sovereignty, state media reported Friday. Xi's remarks to a delegation of pro ...

China lets foreign institutions invest more in its markets in third quarter
BEIJING (Reuters) - China boosted the quotas it gives foreign institutions to invest in domestic securities by the largest amount in the third quarter since the final quarter of 2012 and regulators may also raise the limit on a parallel yuan ...

Reports: 50 were killed in China clash
BEIJING — The latest violent clash in China's troubled Xinjiang region, described by authorities as a terrorist attack, was far more deadly than first reported, according to state media accounts. At least fifty people died Sunday, including 40 ...

China's Shenguan denies book-doctoring claims
HONG KONG, Sept 26 (Reuters) - China's Shenguan Holdings Group Ltd on Friday denied allegations from an equities research firm accusing it of doctoring its books, calling the report malicious and groundless. The report from a firm called Emerson ...

China's Funemployed Grads "Gnaw On the Old"
Graduates from Peking Union Medical College take commemorative photos in Tiananmen Square. In 2014, 7.27 million students will graduate from China's universities, the highest number so far, which is putting growing pressure on young Chinese ...

US firms' optimism on China ebbs, wary of local rivals -survey
WASHINGTON, Sept 26 (Reuters) - U.S. companies are increasingly less optimistic about the business outlook in China, and see growing competition from local rivals who get preferential treatment as a key challenge, a survey showed on Friday. A US-China ...

China's Top Design Talent Descends on Beijing
Across China, the start of October is synonymous with Golden Week, the public holiday commemorating the founding of the People's Republic. But since the launch of Beijing Design Week in 2011, it's also become an occasion to celebrate the country's ...

Kvitova tops Bouchard to win Wuhan Open
Canada's Eugenie Bouchard hits a return shot during her semifinal match against Caroline Wozniacki of Denmark at the Wuhan Open tennis tournament in Wuhan in central China's Hubei province Friday, Sept. 26, 2014. Bouchard defeated Wozniacki 6-2, ...

Tourist ticket prices controversial ahead of holiday
BEIJING, Sept. 27 (Xinhua) -- The approach of the National Day holiday has reignited a familiar tourist controversy: the seemingly inexorable rise in entry fees to top Chinese scenic spots. Danxia Mountain in south China's Guangdong Province, raised ...

China Week: Making up and breaking up
Sorry to be late. I have been out tiger hunting in Shanxi (frontline of the anti-corruption fight). The number plates on the Audi tell you the kind of crowd I have been mixing with! Other than that, here's what caught my eye this week. line. Making up ...

Asian Games: Hiejima perfect as Japan shock China
Makoto Hiejima finished with a perfect 100 percent record from the field as Japan put a huge dent in China's hopes of retaining their Asian Games basketball crown with a shock 79-72 win Saturday. Hiejima hit nine from nine two-point attempts and one ...

China campaign targets economic fugitives - Xinhua
SHANGHAI (Reuters) - China's top prosecuting body has launched a six-month campaign targeting corruption suspects, especially those who have fled overseas, as Xi Jinping's government cracks down on graft, the official Xinhua news agency reported on ...

Getty Institute helps save China's Mogao Grottoes from tourism's impact
Hewn by hand out of a cliff face in the Gobi Desert starting about 1,700 years ago, China's most spectacular cache of Buddhist caves has endured countless assaults over the centuries — earthquakes and floods, plundering foreign explorers and even ...

Intel Puts $1.5 Billion Toward Its Future in China
In a move to tap into the vast opportunities in China's technology industry, Relevant Products/Services plans to invest as much as $1.5 billion for a minority stake in a holding company there. Intel is acquiring 20 percent of a Tsinghua Holdings ...

China Busts Smugglers of iPhone 6 in Shanghai
China in recent days has busted a slew of smugglers bringing Apple iPhone 6 models into the country ahead of their official release here, with officials on Sunday reporting the latest seizure of 453 smartphones in Shanghai. Hundreds more were seized ...

China announces rule changes to jump-start Shanghai zone investment
BEIJING, Sept 28 (Reuters) - China has introduced a fresh round of regulatory changes in the Shanghai Free Trade Zone in a bid to jump-start interest in the district, which has been struggling to attract more overseas companies, a government website ...

China says opposes 'illegal behavior' in Hong Kong
Hong Kong (Reuters) - China said on Sunday it opposes all kinds of illegal behavior in Hong Kong that undermines social stability as pro-democracy supporters geared up for a showdown with police as they push demands for greater political freedoms in ...

Murray wins 1st title in 15 months at Shenzhen
SHENZHEN, China — Second-seeded Andy Murray of Britain rallied from a set down to defeat fourth-seeded Tommy Robredo of Spain 5-7, 7-6 (9), 6-1 Sunday to win the Shenzhen Open. Murray saved five match points as he ended a 15-month title drought ...

Hong Kong youth prepare to resist China
Editor's note: Joshua Wong was arrested Friday night after trespassing in the Hong Kong SAR's government complex as part of the student protests and has yet to be released. Police searched his university dorm room and confiscated several items ...

China sees its military edge coming from space
Chinese astronaut Wang Yaping returns to Earth in 2013 after docking with a space lab. Photo: Reuters. MORE ON: Space · Russia's 'sex gecko' cosmonauts die in the line of duty · Potential killer asteroid can be stopped: scientists · Satellite full of ...

Dusting Off Old PBOC Toolkit Is China's Dilemma
With little sign of a trough in China's economic slowdown in the final months of the year, the central bank faces increasing pressure to dust off stimulus tools that have gone unused for more than two years. The weakening in growth, seen in ...

China should direct policy to develop certain industries: central bank official
BEIJING (Reuters) - China should strengthen "targeted" and "structural" policy adjustments to encourage the development of areas including small enterprises and emerging industries, a central bank statistician said in an editorial in the Economic Daily ...

US Still the Dog Wagging Tail of World Economy as China Slows
Federal Reserve Chair Janet Yellen has cautioned against a premature increase, saying the labor market remains too slack to absorb higher borrowing costs. Photographer: Andrew Harrer/Bloomberg. The world economy's twin giants are exerting conflicting ...

Beijing says emissions fell during first year of carbon trading
BEIJING, Sept 29 (Reuters) - Carbon dioxide emissions from Beijing's major polluters fell 4.5 percent in 2013 as a nascent emissions trading scheme cut compliance costs for firms, the Chinese capital's municipal government said on Monday. Beijing is ...

ASIA CREDIT CLOSE: Poor sentiment hits Indonesia and China credits
SINGAPORE, Sep 29 (IFR) - Asian credits widened today due to weak sentiment attributable to a number of factors, including the intensifying Hong Kong protests, the worse-than-expected China industrial profits and Indonesia's new law that ends direct ...

The most important thing Alibaba's U.S. listing will do for China
Alibaba Executive Chairman Jack Ma couldn't list shares of his Chinese company in Hong Kong, so he chose New York. The debut of Alibaba Group on the New York Stock Exchange six trading days ago marks an amazing confluence of expectations, ...

Anime Cat is an Attack on China, Says Journalist
Doraemon, the blue earless robotic cat from the future, super popular in most of Asia, is under attack. Sort of. A Chinese newspaper is positing that the cartoon character is nothing more than a tool for Japan to subvert Chinese culture. Last Friday ...

British Drug Maker Caught in China Bribery Scheme
British pharmaceutical giant GlaxoSmithKline has been hit with the biggest fine ever imposed by the People's Republic of China for allegedly bribing doctors and others in China's medical system to use and prescribe the company's drugs. And, this came ...


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