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China News 11/2014 (Page 2)



Strangers With Candy: Drug Smuggling in China
I came across a report on ChinaTopix.com that almost seems too ridiculous to be true: Takuma Sakuragi, a 70-year-old Japanese politician infamous for his fiery, anti-Chinese rhetoric, is on trial for drug smuggling -- in China. No amount of diplomacy ...

For Summit, China Orders up a Quiet, Clean Beijing
A thousand new facial-recognition cameras are watching for potential troublemakers. Kite-flying has become a jailable offense in some areas. Factories have been ordered to cut back or suspend production. And those are just part of China's efforts to ...

China Potential Outstripping 1950s Japan Is Reform Prize
China has more potential to boost productivity than Japan in the 1950s and South Korea in the 1960s. Whether that's realized is a $15 trillion question. In industries such as financial services and telecommunications, where barriers to entry and ...

China's Anti-Corruption Fight Exposes Lack of Official 'Courage,' Critics Say
A Chinese street vendor holds up souvenirs adorned with pictures of Chinese leader Xi Jinping and his predecessors in Tiananmen Square of Beijing. European Pressphoto Agency. Chinese President Xi Jinping's on-going crusade to clean up the ...

China details measures to support imports as economy cools
BEIJING Nov 6 (Reuters) - China's cabinet issued detailed measures on Thursday to support imports of high-tech equipment, resource products and consumer goods, in its latest efforts to support the cooling Chinese economy. The government will encourage ...

Beijing wants APEC to push Chinese trade pact
China plans to use a meeting of Asia-Pacific leaders to promote a regional trade initiative at a time when progress on a rival U.S.-led trade deal has stalled, injecting a note of rivalry into an annual summit that aims for consensus. The two-day ...

China's Stocks Rise as Railway, Software Companies Lead Advance
China’s stocks rose for the seventh time in eight days, led by railway and software companies, after the government approved more investment spending to bolster economic growth. China Railway Group Ltd. (601390) and China Railway Construction ...

Villages, livelihoods destroyed to make way for China's economic summit
Before they were razed to make way for presidents and prime ministers, the three villages sat perched on the shores of Yanqi Lake, a short drive northeast of Beijing. Nearby orchards grew apples, pears, peaches, walnuts and apricots. The surrounding ...

Report: Africa ivory smuggled on China state visit
BEIJING (AP) — Chinese officials and businesspeople used a state trip by President Xi Jinping and other high-level visits to smuggle ivory out of Tanzania, an environmental watchdog said in a report Thursday that cast doubt over Beijing's efforts to ...

China Focus: China to stabilize property market, challenges remain
BEIJING, Nov. 6 (Xinhua) -- Despite a rush to buy property in China, Huang Dandan, a white-collar worker who has worked in north China's Tianjin Municipality for one year, decided to sit tight. "After the government announced its easing policy ...

CIT says China needs more jets, dismisses talk of glut
PARIS (Reuters) - Airlines in China and East Asia have ordered too few passenger jets, leasing company CIT Aerospace said, striking a contrast with recent industry warnings of an aviation capacity glut. While a purchasing boom by low-cost carriers in ...

China to clean up 'harmful' web videos; sites pledge to manage online comments
BEIJING (Reuters) - China's major web portals have signed a commitment to "self-manage" comments on their websites, state-run Xinhua news agency reported on Thursday. Internet giant Tencent Holdings Ltd, Sina Corp and Sohu.Com Inc were among 29 ...

China Gold Buying Means Price Floor to Standard Chartered
The cheapest gold in four years is proving irresistible for shoppers in China and India, where rebounding demand may signal an end to the longest price slump in more than a decade. Purchases in Asia will help support prices that are headed for the ...

China's Trust Assets Expand Least Since 2010
China's trust assets grew the least since 2010 in the third quarter as regulators tried to limit shadow banking risks and investors grew more wary of defaults. Trust companies' assets under management climbed 3.8 percent to 12.9 trillion yuan ($2.1 ...

China Oil Producers Face Cuts After Period of 'Runaway' Spending
The slump in oil prices is a boon to China as the world's second-biggest oil consumer. It's a different story for the country as a major producer. The slide in prices to a four-year low threatens to cut spending, production and profit for the country's ...

Looking Ahead: Economists Predict Weak Start to China's Fourth Quarter
As the year draws to an end, worries about China's longer-term economic prospects are building. Economists' predictions for October's data – due to start trickling in this week – suggest a weak start to the fourth quarter, with no sign of a pick-up on ...

Mexico Cancels $4.3 Billion China Deal on Doubts Over Bid
Mexico stunned the winning Chinese-led bidder for a high-speed rail project by scrapping the $4.3 billion award three days after it was awarded and ordering a new competition. President Enrique Pena Nieto set a new contest due to “the doubts and ...

China looking to develop big passenger plane
China is seeking suppliers to develop its own wide-body passenger plane over the next decade, industry executives told AFP, expanding its ambitions and rivalry with Boeing and Airbus. The proposed aircraft—tentatively called the C929—would be ...

With Beijing-Tokyo Agreement, China's Military Takes Another Hit
Paramilitary policemen walk past a wall bearing a banner for the APEC Concluding Senior Officials' Meeting in Beijing, November 5, 2014. Reuters. The surprise news out of the Asia-Pacific Economic Cooperation summit on Friday that China and Japan had ...

China to Punish Those Responsible for Pollution Levels in Beijing
Paramilitary police officer standing guard on a hazy night in Beijing on Oct. 19.Credit Jason Lee/Reuters. With Asia-Pacific leaders gathering for a summit meeting in Beijing, forecasts that smog would envelop the capital this weekend were bad news not ...

Exclusive: US eyes China partnership on Africa power - sources
JOHANNESBURG (Reuters) - The United States is considering partnering with China on improving electricity in Africa and the proposal could be part of bilateral discussions when President Barack Obama visits Beijing next week, two sources involved told ...

China, Japan Agree to Mend Ties Paving Way for Summit at APEC
China and Japan agreed to build “mutual political trust” as they seek to defuse tensions over territory, heightening the prospect of an inaugural summit next week between their current leaders. The two governments are in final negotiations for a summit ...

In Beijing, Clearer Views Hide Real Life
Pollution shrouded the Olympic Green, built for the 2008 Games, on Oct. 9. Officials want to show a cleaner version of Beijing during the summit talks. Credit Imaginechina, via Associated Press. Continue reading the main story. Continue reading the ...

China says hopes Japan can create favourable atmosphere for talks
China's Foreign Minister Wang Yi speaks at the start of Asia-Pacific Economic Cooperation (APEC) Summit ministerial meetings at the China National Convention Centre (CNCC) in Beijing, November 7, 2014. Credit: Reuters/Greg Baker/Pool ...

Australia says pleased with progress on China free trade pact
(Refiles adding name of foreign minister). BEIJING Nov 8 (Reuters) - Australia said on Saturday it was pleased with progress on a long-planned free trade agreement with China and that it would be happy to conclude it by next week when Chinese President ...

China Anti-Corruption Campaign Boosted by Asia Ministers' Pledge
Asia-Pacific ministers pledged to deny safe haven to anyone engaged in corruption, bolstering Chinese efforts to chase down those who have fled the country with ill-gotten gains. The ministers encouraged member countries of the Asia-Pacific Economic ...

China-Japan Deal Sets Potential Template for Other Spats
A Japan Coast Guard boat and vessel sail as Uotsuri island, one of the disputed islands in the East China Sea, is pictured in the background. Reuters. By. Andrew Browne. Andrew Browne. The Wall Street Journal. CANCEL. BiographyAndrew Browne ...

China to establish $40 bln Silk Road infrastructure fund
An man in ancient Chinese costume walks next to a camel while participating in the Silk Road Cultural Journey, in Jingyang, Shaanxi province September 19, 2014. REUTERES/Rooney Chen/Files ...

Canada signs China trade deals, raises case of two detained Canadians
BEIJING Nov 8 (Reuters) - Canadian and Chinese companies have signed trade deals worth more than C$2.5 billion, despite continued tension over the detention of two Canadians near the North Korean border. Canadian Prime Minister Stephen Harper ...

China to soon announce date for landmark stock connect initiative - HK leader
HONG KONG (Reuters) - China will soon announce the date of a much-awaited initiative to connect the stock markets of Shanghai and Hong Kong, Hong Kong's leader said on Sunday, easing concerns the landmark scheme might have been shelved after ...


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