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China News 10/2014 (Page 7)



Don't ease up now in emerging markets... battle for consumers is only gearing up
(CNN) -- Judging solely by the headlines, one might conclude that China's economy is finally starting to hit a wall. After several decades of near double-digit annual growth, gross domestic product rose by a relatively cool 7.5% in this year's first ...

China state firms' profit growth slows in January-September
BEIJING (Reuters) - Profit growth of China state-owned firms slowed in the first nine months of 2014, adding to signs of fragility in the world's second-largest economy as factories struggle to cope with falling prices and sluggish demand. State-owned ...

China vows better rule of law, but no word of disgraced security chief
BEIJING (Reuters) - China's Communist Party unveiled legal reforms on Thursday aimed at giving judges more independence and limiting local officials' influence over courts, but it made no mention of the fate of its former domestic security chief who is ...

China punishes 17 officials for village clash
BEIJING — Local authorities have punished 17 officials in southwest China after one of the most violent land conflicts in recent years left eight people dead, state media reported Thursday. The Oct. 14 clash centered on a dispute between villagers and ...

What's Ahead for China's Economy? Nobody Seems to Agree
What comes next for China's economy? Clearly, the jury is still out. On Tuesday, China's National Bureau of Statistics announced that third-quarter gross domestic product growth was 7.3 percent; that was the slowest in five years, or the worst ...

NBA Player Sleds Down Great Wall of China on Instagram
If you ever go to the Great Wall of China and enjoy either rollercoasters or bobsledding, the Sacramento Kings' Ryan Hollins has a pro travel tip: take the luge down the mountain. That's what Hollins and his teammates did on Oct. 13, sitting on small ...

Chinese tourists treat Tibetans 'like zoo animals'
DHARAMSALA, India — Chinese tourists behave badly in Tibet. Very badly, according to London-based advocacy group Tibet Watch. The evidence? A series of photos in the group's report shows sightseers treating sacred objects like curiosities in a theme ...

Shanghai Shares Sink Versus Hong Kong on Trading Link Delay
Charles Li, Chief Executive Officer of Hong Kong Exchanges and Clearing Ltd., said a week ago there isn't a timetable for the link. Photographer: Brent Lewin/Bloomberg. Shanghai shares had their biggest weekly loss since March versus their Hong ...

Canadian couple accused of spying in China held in near isolation, son says
BEIJING (Reuters) - A Canadian couple accused of spying near China's sensitive border with North Korea have been kept separately in near isolation for more than 80 days and denied access to legal counsel, their son said on Friday. Treatment of the ...

China Will Keep Growing. Just Ask the Soviets.
There has been plenty of discussion lately about signs that China's economy is slowing down, focused on details of a possible housing bubble and vast sums of bad loans that the country will have to reckon with. But put aside the challenges China faces ...

China says UN rights covenant no measure for Hong Kong reform
BEIJING (Reuters) - China rebuffed a U.N. call for full political rights for Hong Kong on Friday, saying that an international covenant on such rights was not a "measure for reform" in the Chinese-ruled territory. The U.N. Human Rights Committee on ...

China Home-Price Drop Spreads as Easing Doesn't Halt Fall
China's new-home prices fell in all but one city monitored by the government last month as the easing of property curbs failed to stem a market downturn amid tight credit. Prices dropped in 69 of the 70 cities in September from August, the National ...

China to open up more sectors to private investment to spur growth
BEIJING (Reuters) - China's State Council will expand the scope of private investment in key sectors, including telecoms and transport, it said on Friday, as part of measures to support the slowing economy. China's economy, the world's second largest ...

China Signs Agreement With 20 Other Nations to Establish International ...
China Signs Agreement With 20 Other Nations to Establish International ...

Frustrated Multinationals Look to Trim China-Based Staff
Slightly less than half of European companies operating in China plan to expand their mainland-based workforce in the next year—down from 61 percent in 2012, according to a recent survey by the European Chamber of Commerce. A quarter of these ...

China's Submarines Add Nuclear-Strike Capability, Altering Strategic Balance
One Sunday morning last December, China's defense ministry summoned military attachés from several embassies to its monolithic Beijing headquarters. To the foreigners' surprise, the Chinese said that one of their nuclear-powered submarines would soon ...

China's top graft-buster says fight will never end
BEIJING (Reuters) - China's fight against deeply ingrained corruption will never end, the top official in charge of tackling graft said before a meeting intended to clean up business in the world's second-largest economy. Since President Xi Jinping ...

16 killed in China coal mine collapse
BEIJING — A coal mine shaft collapsed in northwestern China, killing 16 miners, China's official news agency said Saturday. Another 11 miners were injured in the disaster that struck just before midnight Friday in Tiechanggou township outside the ...

Inside the Murky World of Beijing's Expat Drug Dealers
Police officers catch a foreign drug dealer in a campaign in Sanlitun, a popular Beijing bar area, on May 24, 2014. Courtesy of China Daily. Each Friday, Roads & Kingdoms and Slate publish a new dispatch from around the globe. For more foreign ...

News analysis: Pakistani, Afghan experts eye China's greater role in Afghanistan
ISLAMABAD, Oct. 25 (Xinhua) -- Pakistani and Afghan foreign affairs experts agree in their view that China can play a proactive role in Afghanistan because of its policy of non- interference and quest for enhanced economic engagement. They say China ...

The next big influencer of home design: China
Some prognosticators forecast that China's economy may overtake ours as soon as this year, almost a decade sooner than most predicted just a few years ago. What's just as astonishing is the rapid pace at which China has morphed from a country caught in ...

China's Wenchang to launch space station
BEIJING, Oct. 26 (Xinhua) -- China's fourth space launch center, the Wenchang satellite launch center in south China's Hainan Province, will launch the country's space station and cargo spacecrafts. Tao Zhongshan, chief engineer of the Xichang launch ...

China tests new-generation military planes: Report
BEIJING: China is testing a new generation of military aircraft which includes the country's first and most advanced stealth fighter believed to form the backbone of its air force. The photos of fourth-generation stealth fighter J-20, airborne early ...

At UN, China asked to back rights case against North Korea
UNITED NATIONS (Reuters) - The chief U.N. investigator into human rights cases in North Korea said on Wednesday he has appealed to China to support calls to refer Pyongyang's actions to The Hague on suspicion of crimes against humanity. Western ...

Taiwanese businesses in China hit by expropriations
During the 1990s, a wave of Taiwanese businesspeople relocated to China to build factories there, with many prospering in their cross-strait ventures. However, over the past few years, these businesspeople have been increasingly subjected to forced ...

China's Missing Exchange Link Leaves Traders in Limbo
Andy Maynard, the global head of trading and execution at CLSA Ltd., had expected to be making his first trades through the Hong Kong-Shanghai exchange link by now. Instead, after six months of preparation for a start date that regulators indicated ...

Will China Fund the World's Next Round of Economic Expansion?
This is a guest post by Shrey Verma, a graduate student at the Johns Hopkins University School of Advanced International Studies. You can follow him on Twitter at @shrey7. Earlier this month, the International Monetary Fund downgraded its outlook for ...

Grading China's CEO Pay Plan: Uncle Sam's 'Pay Czar' Weighs In
CEO pay is heating up as an issue in China, as the Communist Party continues to press its anti-corruption drive. The leadership plans to cap the pay of top executives at state-owned firms at around 10 times the pay of average workers, in a bid to ...

New Afghan president to head to China
KABUL, Afghanistan — The new Afghan president travels to China this week, signaling the pivotal role he hopes Beijing will play in Afghanistan's future, not only in the economic reconstruction of the war-ravaged country after U.S. and allied combat ...

China to streamline counter-terrorism intelligence gathering
Police from the Special Weapons and Tactics (SWAT) team take part in an anti-terrorist drill in Dongying, Shandong province, July 11, 2014. More than 600 police from all over Shandong are taking part in a three-day exercise from Friday, according to ...


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