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China News 12/2014 (Page 6)



China Is Monitoring Slide of Ruble
BEIJING — Beijing is closely monitoring the slide in the Russian ruble, a Chinese foreign exchange regulator said on Thursday, as the currency of Russia, one of China's major energy import partners, struggled to avoid free fall. China is not overly ...

After the 'Shock and Awe': China's Anti-Corruption Quagmire
By Russell Leigh Moses. A photo shows the entrance to the Henan residence of former Lt. Gen. Gu Junshan, who was charged with corruption in March. A major challenge for Chinese President Xi Jinping's anticorruption crusade is not only to halt graft but ...

China's Changing Billionaire List
The positions of China's two richest people could shift on the country's billionaire list due to stock-market listings. Hurun China Rich List's Rupert Hoogewerf tells the WSJ's Wei Gu what the list says about China's private sector. Transcript. This ...

Qingdao scandal casts a long shadow over metal markets: Andy Home
LONDON (Reuters) - What will 2014 be remembered for in financial markets? For oil and iron ore, it will be the year of price meltdown. In the broader financial universe it will likely be the year of Russian crisis, a drama unfolding with accelerating ...

Serbia jails 11 rights activists during China summit
BELGRADE, Serbia — An international rights group has demanded the immediate release of 11 activists who planned protests against China at an economic summit in Serbia. Amnesty International says nine Bulgarians, a Slovak and a Finn — all supporters ...

Small Victories for China's Animal-Welfare Movement
It's getting a little easier to be an animal in China. The country's fledgling animal-rights movement this week received a double boost, with a animal-welfare law in the works and a prominent zoo taking action to stop animal performances. On Wednesday ...

Under Xi, China's Wave of 'Weird Architecture' May Have Peaked
An artist's rendition of the Chaoyang Park Plaza development, left, which developers have warned may be the last oddly shaped buildings constructed in Beijing for some time. Credit Courtesy of MAD Architects. Email; Share; Tweet; Save; More. It's the ...

Victory for plaintiff in China gay conversion case
BEIJING — A Chinese psychological clinic was ordered Friday to pay compensation to a gay man who sued it for administering electric shocks intended to make him heterosexual, in what is believed to be China's first case involving so-called conversion ...

China's Wealth Finds Home in Washington State
Savvy Seattle-area real estate agents have gained an advantage by paying attention to the growing connections between China and Washington state. "I'm so glad my mother made me study Chinese," laughed property broker Janie Lee, after showing a ...

China Jails Pilot For 3 Years Over 2010 Crash That Killed 44 People
Flames from the wreckage of a crashed passenger plane are seen in Yichun, northeast China's Heilongjiang Province on Aug. 24, 2010. Reuters. China plane crash 2010. Rescuers check the wreckage of a crashed passenger plane in Yichun, northeast ...

China Arrests US Aid Work in N. Korean Border Town
BEIJING — A Korean-American aid worker working in a Chinese city near North Korea has been arrested on charges of embezzlement and possession of fake invoices, his lawyer said Friday, in a sign that authorities are increasingly sensitive about ...

China agrees on deal to build 867 km of railways in Thailand
BANGKOK Dec 19 (Reuters) - Thailand and China agreed on Friday to build 867 km (542 miles) of dual track railways in the Southeast Asian nation, in cooperation seen as consolidating China's influence in the region. A memorandum of understanding ...

China Offers Enhanced Cooperation as Russia Struggles
China offered enhanced economic ties with Russia at a regional summit this week as its northern neighbor struggled to contain a currency crisis. “To help counteract an economic slowdown, China is ready to provide financial aid to develop cooperation,” ...

As Obama opens to Cuba, China experts remember benefits from US engagement
BEIJING — Liu Yawei vividly remembers his shock when, as a college freshman, he first heard from morning television news that China had established diplomatic relations with the United States, on Dec. 15, 1978. “How could it be possible to establish ...

China's Revised GDP Shows Rebalancing Success With Bigger Service Sector
China's economy officially just got bigger. More important, it also became more balanced, a longtime priority of Chinese leaders and good news for the world. China's GDP revision, announced by the national bureau of statistics on its website today ...

China gives the nod for a second giant Beijing airport
Details are sketchy, but the $13 billion Daxing facility will be south of the capital and sport four runways. Local farmers are not happy about the prospect of relocation to make way for the facility, which is being announced just six years after the ...

China sees a boom in theme park development, led by Dalian Wanda
The giant red cylinder, aglow like a Chinese lantern, perches on the edge of East Lake where Mao Tse-tung loved to spend summers. This state-of-the-art theater, built at a reported cost of $400 million, stretches more than 200 feet from basement to ...

Sexologist's revelation spurs discussion in China
BEIJING — A leading Chinese sexologist's revelation that she's been living with a transgender man for 17 years has sparked a rare public discussion about China's largely invisible and marginalized transgender community. Li Yinhe made the relationship ...

China's leader cautions against external forces
BEIJING — Chinese President Xi Jinping on Saturday urged the semiautonomous former Portuguese colony of Macau to guard against interference by what he called hostile external forces, following the prolonged pro-democracy protests in nearby Hong ...

What BMW's China sales really say about the country's slowing economy
Targets are great motivational tools—to both deceive as well as achieve. In China, the government's promotion system sees local officials overstate their provincial outputs to the tune of a few trillion yuan, for example. It's not just Communist Party ...

Graveyard for jets coming to China's "Ice City"
HONG KONG — China, poised to become the world's biggest buyer of new planes, also wants to build a graveyard for old aircraft. China Aircraft Leasing Group Holdings is investing $2 billion to build the country's largest plane disassembly plant in ...

U.S. Turns to China to Help Stop North Korean Hackers: Report
The Obama administration is seeking China's help in stopping North Korea from launching future cyber-attacks, the New York Times reports. President Barack Obama said on Friday that the U.S. would retaliate for the attack on Sony Pictures, which the FBI ...

China hopes to mine gold from retired jets
HONG KONG — China, poised to become the world's biggest buyer of new planes, also wants to build a graveyard for old aircraft. China Aircraft Leasing Group Holdings is investing $2 billion to build the country's largest plane disassembly plant in ...

Taiwan's ruling party bullish on China ties despite poll setback
The sole leadership candidate for Taiwan's ruling party said Sunday he would keep pushing for stronger ties with China even though its Beijing-friendly policy was blamed for its worst-ever local election setback. "The development of cross-strait ties ...

China Focus: High-quality trains to speed up GMS connectivity
KUNMING, Dec. 21 (Xinhua) -- Countries within the Greater Mekong Subregion (GMS) will become better connected following a deal to build a high-caliber train network in the area. On Friday, China and Thailand inked a memorandum of understanding ...

China lays down law on Macau's gambling habit
BEIJING – China's President Xi Jinping has called on Macau, one of the world's top gambling resorts, to strengthen regulation, Chinese media reported Sunday, in a move seen as linked to China's anti-corruption drive. Ending a visit to the former ...

China wins aerial freestyle team event in Beijing
BEIJING — China won the first ever aerial team event on the freestyle World Cup on Sunday to wrap up a successful weekend for the home nation inside the Bird's Nest stadium. The team of Jia Zongyang, Xu Mengtao and Qi Guangpu earned a total of 324.69 ...

Air rage on the rise in China
On Dec. 8, while waiting to deplane China Eastern Flight MU2331 from Sanya to Xi'an, a passenger decided to open the emergency door and deploy the emergency slide because he wanted to get off the plane faster. When questioned, the passenger said ...

China Offers Russia Help With Currency Swap Suggestion
Two Chinese ministers offered support for Russia as President Vladimir Putin seeks to shore up the ruble without depleting foreign-exchange reserves. China will provide help if needed and is confident Russia can overcome its economic difficulties ...

China Hebei Nov steel output drops 13 pct on month
BEIJING, Dec 22 (Reuters) - Steel output in China's biggest producing province of Hebei fell 13 percent on a daily basis in November from a month earlier as mills suspended operations during an Asia-Pacific Economic Cooperation (APEC) summit in Beijing ...


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