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China News 12/2014 (Page 7)



China Local Debt Crisis Spells Global Opportunity in 2015
China's overhaul of local government financing spells opportunity for global investors in 2015. Standard & Poor's and Moody's Investors Service predict municipalities facing severe financing needs may follow the lead of Beijing's subway builder in ...

China investigates possible stock-price manipulation
BEIJING — China is investigating possible stock-price manipulation amid the recent run-up in the country's equity market, according to officials with direct knowledge of the matter, a move that serves as a stark reminder of the problems that have long ...

China HGS receives local government's subsidies over $ 1.7 million for its ...
China HGS receives local government's subsidies over $ 1.7 million for its ...

China Condemns 'Cyber Terrorism'
BEIJING—. China condemned cyber terrorism, but said more proof is needed that North Korea hacked Sony Pictures. Its comments came a day after the United States asked China for help blocking cyber attacks from the North. China says it opposes cyber ...

Licensing Issues Hobble Uber in Taiwan and China
TAIPEI, Taiwan — The ride-hailing service Uber is under fire in Taiwan and the mainland Chinese city of Chongqing, officials announced Monday, over concerns that the company and its drivers are not appropriately licensed, adding to a string of ...

Milestone Scientific Announces Distribution Agreement for Intra-Articular ...
Milestone Scientific Announces Distribution Agreement for Intra-Articular ...

China, Thailand pledge closer relationship
BEIJING, Dec. 22 (Xinhua) -- Chinese Premier Li Keqiang held talks with his Thai counterpart Prayut Chan-o-cha here on Monday and they pledged to further boost the bilateral relationship between the two countries. It was the second meeting between Li ...

China's Anti-Corruption Squad Probes Aide to Ex-President Hu
The anti-graft arm of China's Communist Party began a probe of a former top aide to retired President Hu Jintao as the nation pushes ahead with a campaign to root out corruption that's brought down high-level officials. Ling Jihua, 58, a vice chairman ...

China stock probe should boost, not hurt sentiment
Investors should cheer China's probe into stock-price manipulation as it builds a foundation of trust as Beijing opens its capital markets to foreign investment, one expert said. The China Securities Regulatory Commission (CSRC) announced late on ...

China Stocks Fall Most in Two Weeks on Valuation, Growth Concern
China’s stocks fell, sending the benchmark index down by the most in two weeks, amid concern recent gains were excessive and a slowing economy will curb earnings growth. Industrial & Commercial Bank of China Ltd. (601398) and PetroChina Co., the ...

UPDATE 1-China says reports it helped cut off N.Korea's Internet "irresponsible"
(updates with quote, background). BEIJING Dec 23 (Reuters) - Reports that China was involved in cutting off North Korea's Internet are "irresponsible", China's Foreign Ministry said on Tuesday. Ministry spokeswoman Hua Chunying made the remarks at a ...

Adultery, Ramadan, and puns—an incomplete list of the things China banned in ...
Adultery, Ramadan, and puns—an incomplete list of the things China banned in ...

China to advance agricultural modernization
Chinese Premier Li Keqiang speaks at the central rural work conference in Beijing, capital of China. The conference was held from Dec. 22 to 23. (Xinhua/Xie Huanchi). BEIJING, Dec. 23 (Xinhua) -- China concluded a tone-setting central rural work ...

China reluctant to join US in punishing North Korea over cyberattacks
BEIJING — China said Tuesday there was no proof that North Korea was behind a cyberattack on Sony Pictures Entertainment, signaling its reluctance to side with the United States over the incident, while also rejecting speculation it could have cut off ...

Russia, Oil, China And The Dollar
If China gives Russia assistance it is not competing with the IMF because the IMF wouldn't have to do it. A swap line is an awkward form of assistance and Russia's problem is not a shortage of RMB. Russia would benefit from higher oil prices, but this ...

Reporter Offers Free Cab Rides For Stories From 'Streets Of Shanghai'
Editor's Note: NPR Shanghai correspondent Frank Langfitt once drove a taxi as a summer job. He decided to do it again, this time offering free rides around Shanghai in exchange for stories about one of the world's most dynamic cities. This is the first ...

Full text: Joint Press Communique between China and Thailand
BEIJING, Dec. 23 (Xinhua) -- Following is the full text of the Joint Press Communique between China and Thailand issued by the governments of the two countries on Tuesday: Joint Press Communique Between the Government of the People's Republic of ...

China Gold Miners Drop Shovels as Slump Bites: Chart of the Day
Even as gold has been mired in a bear market, Chinese miners ramped up production. Now, they are poised to change course as the price slump begins to bite. The CHART OF THE DAY shows the spot price of gold last month touched a four-year low of ...

China's Fraudbusters Crack Down on Fake Goods
Xu Dajiang spends at least three days a week in supermarkets in China scrutinizing products. He's not shopping for bargains; he's looking for any sign of flaws—an expired sell-by date, a forbidden ingredient, an exaggerated claim on a package, or ...

China police stop 'extremists' leaving country, one shot dead
BEIJING (Reuters) - Police in southwestern China shot dead one person and detained 21 others who were part of a group of "religious extremists" trying to cross the border into Vietnam, state media said on Wednesday. The reports, carried by state ...

Meet the Amateur Street Photographer Taking China by Storm
Early in October, in the third-tier Chinese city of Hefei in the province of Anhui, the young street photographer Tao Liu became an overnight sensation. His witty images, which poke fun at contemporary issues in China – from overindulging parents to ...

China expresses concern after protests at Myanmar mine
BEIJING Dec 24 (Reuters) - China expressed concern on Wednesday about a protest against a Chinese-run copper mine in Myanmar in which a person was killed and some were wounded saying China urged its companies abroad to act responsibly and ...

China censors news on Sony hack
Beijing (CNN) -- Censorship is a part of daily life in China. News articles are erased from online search engines, social media sites like Facebook and Twitter are banned, and CNN is routinely blacked out for Chinese viewers. Instagram was a huge hit ...

PBOC Uses Hidden Hand as China Seeks to Stem Slowdown: Economy
The People's Bank of China is turning to a hidden hand as it seeks to stimulate the world's second-largest economy without worsening debt risks. Contrary to the Federal Reserve's forward guidance, the Bank of England's increased transparency and a ...

China praises submarine crew's emergency handling
BEIJING, Dec. 24 (Xinhua) -- The Chinese military was urged to learn from the crew of a submarine, after they successfully handled a major underwater emergency in mission. Following an instruction by President Xi Jinping, chairman of the Central ...

China Brokers' Profit at Risk From Government Action
China's surging stock market is raising the prospect of government action to prevent an equities bubble, a potential threat to brokerage earnings that are projected to hit a seven-year high this year. UBS Group AG says regulators could limit the use of ...

China needing more energy, data show
A ship offloads oil at an offshore oil dock in Southern China's Guangdong. Resource security, especially energy, has become a top priority for China and a potential threat to the United States as both countries compete for resources globally. UPI ...

Fallen Crosses in 'China's Jerusalem' Give Birth to Christmas Banquet in Queens
In China, people know the eastern city of Wenzhou as a center of entrepreneurship built on a foundation of lighters and zippers. They know it as a place where the dialect sounds so different from standard Mandarin that many Chinese consider it another ...

China's Dalian Wanda to buy online payment platform: sources
BEIJING (Reuters) - China's Dalian Wanda Group Co, whose real estate arm just raised about $3.7 billion in a Hong Kong share sale, plans to invest more than $300 million for control of a Chinese third-party payment platform, sources familiar with the ...

China probes former carmaking executive for "disciplinary violations"
SHANGHAI Dec 25 (Reuters) - China's anti-corruption watchdog said on Thursday it was investigating Fan Zhong, a former senior executive at Dongfeng Motor Group Co, the local venture partner of Peugeot SA and Nissan Motor Co, for alleged "serious ...


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