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China News 12/2014 (Page 5)



China charms Hong Kong's law enforcers
HONG KONG (Reuters) - Hong Kong's top law enforcers, schooled in British-style judicial independence and separation of powers, are being cycled through Communist Party schools in China, where judges are appointed by the party and police are charged ...

How China spies on Hong Kong's democrats
James To was growing uneasy. When the veteran Hong Kong Democratic Party lawmaker looked in his rear-view mirror, two silver Mercedes Benz saloons kept appearing behind his grey Volvo sedan. For almost a week, one or the other was behind him on ...

China's Stocks Rise as Construction Shares Gain on Stimulus Bets
China’s stocks rose for a second day, led by construction and railway companies, on speculation the government will take more steps to support economic growth. China State Construction Engineering Corp. and China Railway Group Ltd. (390) jumped ...

Inner Mongolian Court Exonerates Teenager Executed for Murder
The highest court of the Inner Mongolia Autonomous Region announced a much-anticipated verdict on Monday in the retrial of a 1996 capital case, saying that a teenage boy who was executed after being found guilty of murder and rape was not guilty of ...

China's Double-Edged Pact
HONG KONG — Whether China is a climate hero or a climate villain is a matter of polarized debate. At one extreme, the world's biggest carbon-emitter is portrayed as a wasteful bogeyman that obstructs efforts to halt global warming and “steals” clean ...

UPDATE 1-China says to build $31 bln worth of new infrastructure
(Updates to add airport investment). BEIJING Dec 15 (Reuters) - China's economic planner has approved the construction of 192 billion yuan ($31 billion) of roads and an airport in the latest government effort to increase investment and support a ...

China: About 300 Citizens Fighting With IS in Iraq, Syria
BEIJING—. About 300 Chinese people are fighting alongside the Islamic State group in Iraq and Syria, a Chinese state-run newspaper said on Monday, a rare tally that is likely to fuel worry in China that militants pose a threat to security. China has ...

China demotes 1000 officials with family abroad in graft fight
BEIJING Dec 15 (Reuters) - Authorities in China have demoted about 1,000 government officials with relatives abroad who refused to return home, state media said on Monday, in the latest clamp down in a sweeping anti-corruption campaign. The Communist ...

China Will Adjust Monetary Policy Shortly
A sub-50 reading on the HSCB flash mfg PMI for China is consistent with a new slowing. Technical factors also favor a near-term easing of monetary policy. The level of GDP will likely be revised higher based on new methodology and data. Developments in ...

China's Factory Gauge Declines as Stimulus Case Builds
A Chinese factory gauge fell to a seven-month low in December even after efforts by the central bank to ease monetary conditions, suggesting more stimulus will be needed to halt the slowdown. The preliminary Purchasing Managers' Index from HSBC ...

Strategic Oil Hoarding Seen Driving China Demand in Next 2 Years
Strategic stockpiling will drive China's crude demand as the world's second-largest oil consumer takes advantage of the lowest prices in more than five years, according to Macquarie Group Ltd. More than half of the country's incremental oil demand over ...

China industrial activity shrinks in December, calls grow for more stimulus
BEIJING (Reuters) - Activity in China's factory sector contracted in December for the first time in seven months, the latest in a string of weak economic indicators that will intensify calls for more stimulus measures to head off a hard landing. The ...

China official satisfied with Taiwan ties but warns on "bottom line"
TAIPEI (Reuters) - A senior Chinese official said on Tuesday he was satisfied with his first tour of Taiwan since local elections last month returned some power to pro-independence politicians but reiterated steadfast opposition to the island's ...

China's CRCC plans $1.6 bln share placement for rail projects
SHANGHAI Dec 16 (Reuters) - China Railway Construction Corp (CRCC) plans to privately place shares to raise as much as 9.9 billion yuan ($1.6 billion) to invest in domestic rail and tram projects, it said in a prospectus on Tuesday. The railway builder ...

In Beijing Temples, Clubs for the Wealthy
The Forbidden City in Beijing. Just streets away, two temples have been converted into high-end clubs and private restaurants to cater to China's big spenders. Credit Michael Reynolds/European Pressphoto Agency. Although China has been in the midst of ...

China looking for new markets in eastern Europe
BELGRADE, Serbia — In an attempt to secure business ties and increase political influence, China is on a charm offensive in eastern Europe — where the European Union and Russia are also vying for sway. Chinese Prime Minister Li Keqiang, accompanied ...

China was brutal to US tech firms in 2014
Earlier this month, Amazon, Apple, and Facebook each welcomed China's top Internet regulator to their headquarters, for visits marked by smiles and laughter. Looking at photos from the meetings, it would be easy to think the companies have a cozy ...

China's Dalian Wanda prepares for the end of urbanization
HONG KONG (Reuters) - The billionaire behind shopping mall developer Dalian Wanda says China's era of rapid urbanization will end within a decade, so he is speeding up his company's shift toward tourism and entertainment after a $3.7 billion initial ...

Zhaopin.com Announces "China Annual Best Employer Award 2014" Winners
SANYA, China, Dec. 17, 2014 /PRNewswire/ -- Zhaopin.com's China Annual Best Employer Award 2014 ceremony was held during the Sanya Forum on December 12th. The "Top 30 Employers of the Year" list and winners of five individual awards including ...

China indicts ex-mayor of Nanjing on graft charges
BEIJING — A former mayor of the major eastern Chinese city of Nanjing was indicted Wednesday on corruption charges amid a widening anti-graft crackdown. Ji Jianye faces charges of using his Communist Party and government positions to take massive ...

China Auto Logistics Says Newly Created Tianjin Free Trade Zone Brightens ...
China Auto Logistics Says Newly Created Tianjin Free Trade Zone Brightens ...

Asia needs to prepare for a possible China crash
TOKYO — As China's first full year of rebalancing draws to close, how has President Xi Jinping done? Reasonably well, it seems. Growth appears to be moderating gently, stocks continue to soar and most economists still foresee a soft landing rather ...

Beijing to get third airport to reduce delays
In this Sept. 15, 2014 photo, passengers arrive at the Beijing capital airport terminal 3 in Beijing, China. China has green-lighted a third airport for the capital Beijing in a bid to reduce congestion and chronic delays, state media reported ...

Duties Set by US on Imports of China, Taiwan Solar Goods
The Obama administration will set duties on solar products from China and Taiwan that combined could exceed more than 200 percent, adding fuel to a renewable-energy clash between the U.S. and China. The Commerce Department also finalized its plan ...

China Fault Lines: Where a Hard Landing Could Be Exposed in 2015
China's leaders are seeking to deleverage the economy without a hard landing. Six fault lines will be closely watched next year to gauge their success. Risks to a soft-landing scenario include a credit crunch sparked by a shadow bank default or capital ...

China Is The World's Top Exporter of Dirty Money
China's push to invest big bucks abroad has been heating up, following a record $108 billion of direct investment overseas last year. Just this week, premier Li Keqiang signed $14 billion of deals in Kazakhstan on Sunday, and announced a $3 billion ...

China Said to Plan Sweeping Shift From Foreign Technology to Own
China is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to people familiar with the effort. The push comes ...

Australia Mulls Japan Submarines Under China's Cautious Gaze
Australia is considering buying top-secret technology from Japan to build a fleet of new generation submarines, a move that would risk reigniting diplomatic tensions with China only recently smoothed over. China and Japan are competing to build their ...

Q. and A.: John Osburg on China's Wealthy Turning to Spiritualism
Devotees burn incense sticks while at prayer at Yonghegong, a Tibetan Buddhist temple and monastery in Beijing. Credit Rolex Dela Pena/European Pressphoto Agency. Email; Share; Tweet; Save; More. John Osburg, 39, an assistant professor of ...

China Police Chief Who Released Drunk Son Charged With Corruption
A Chinese police chief has been charged with corruption, after being fired for releasing his son, who attacked a police officer while drunk, from custody. Getty Images. BEIJING (Reuters) - The former police chief of a major city in northern China has ...


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