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China News 01/2015 (Page 3)



China says nets 680 graft suspects in "unprecedented" haul
BEIJING (Reuters) - China's aggressive anti-corruption campaign targeting suspects who have fled abroad has led to an "unprecedented" repatriation of 680 people suspected of committing economic crimes, the China's Ministry of Public Security said on ...

Chinese Official Is Removed From Post, and, Again, Salacious Details Flow
Yang Weize, the former Communist Party secretary of Nanjing who is under investigation, at a running event in the city on Jan. 1.Credit Reuters. The announcement on Thursday that the Communist Party chief of the city of Nanjing had been removed from ...

China's Xi woos Latin America with $250 bln investments
BEIJING (Reuters) - Chinese President Xi Jinping pledged on Thursday $250 billion in investment in Latin America over the next 10 years as part of a drive to boost resource-hungry China's influence in a region long dominated by the United States ...

Why is China acting like a responsible stakeholder?
Earlier this week China announced that, on rare earth exports, it would now play by the rules of the global game. The Wall Street Journal's Chuin-Wei Yap explains: China has dropped decade-old quotas limiting exports of strategically important minerals ...

Beijing: The Death Of A Popular Bazaar
Anyone who has gone to Beijing must at least have heard about the Yashow garment market, if not paid it a visit on the Workers Stadium Avenue in the Sanlitun neighbourhood. Some 27 years ago, back in 1987, the Workers Stadium Avenue was a very ...

Shanghai Rally Forecaster Now Favors Hong Kong Equities
When Bocom International Holdings Co. strategist Hao Hong turned bullish on China's mainland stock market in September, he told clients concerned about the slowing economy to just ignore fundamentals and buy. That call proved prescient as the ...

Want to Hire a Private Car in China? There Will Be No App for That
China's Ministry of Transport banned private cars from offering unlicensed taxi services via mobile-phone apps, even as it endorsed the software as having a “positive role” for licensed vehicles and chauffeurs. Car-hailing apps should differentiate ...

China Auto Show Looks to Cover Up Models
Auto show or strip show? In China, sometimes it can be hard to tell the difference. But if Shanghai auto show officials have their way, the only models auto makers will be able to put on display will be the ones with wheels. Organizers of the upcoming ...

China State Media Make Feisty Start in New Year
BEIJING—. China's state media released a series of editorial and opinion pieces in recent days that featured some blunter-than-usual commentaries on censorship and the government's tight control over news. Earlier in the week, when Chinese officials ...

Sri Lankan Poll Upset a Blow to China's Indian Ocean Plans
Life just got tougher for China's diplomats in Sri Lanka. Mahinda Rajapaksa, who tightened ties with China during his decade-long rule, conceded defeat today in Sri Lanka's closely-fought presidential election. His successor Maithripala Sirisena used ...

No models draped over cars, no cleavage on TV in new, 'moral' China
BEIJING – Glamorous models will no longer stand alluringly beside shiny cars at this year's auto show in Shanghai, while cleavage has been cut from a popular historical soap opera. China's Communist government is taking a new, more austere line, to ...

World's Longest Rail Route Part of China's 'Silk Road' Revival
LONDON—. The longest rail link in the world is operational, after a train carrying goods from China arrived in the Spanish capital, Madrid, last month. The railway has been dubbed the '21st-century Silk Road' and is the latest landmark investment by ...

China bans drivers from using ride-hailing apps
The Uber app is displayed on a phone posed for photos near a woman peering into a car outside a office building in Beijing, Friday, Jan. 9, 2015. China has banned drivers of private cars from offering services through ride-hailing apps, throwing up a ...

China and LatAm form alliance modeled on cooperation
Chinese Foreign Minister Wang Yi during a press conference in Beijing, China on January 9, 2015. China and the Community of Latin American and Caribbean States, CELAC, cemented a new alliance for multilateral cooperation on Friday, opening a new ...

China's comprehensively deepened reform benefits self, world
BEIJING, Jan. 10 (Xinhua) -- China has launched a new round of comprehensive and deep reforms in economic, political, cultural, societal and ecological fields, which will not only consolidate the foundation for the "Chinese dream," but also provide ...

US cancer center eyes more clinical cooperation with China
BEIJING, Jan. 10 (Xinhua) -- The University of Texas MD Anderson Cancer Center (MDACC), a top-ranking cancer research institute and hospital in the United States, said it is looking forward to more cooperation in clinical trials and treatment with ...

China's first female pilot trainee of manned sub dives with Jiaolong
ABOARD XIANGYANGHONG 09, Jan. 10 (Xinhua) -- China's first female pilot trainee dived on Saturday as copilot with deep-sea manned submersible Jiaolong, China's first such sub, in the southwest Indian Ocean. Zhang Yi, 27, was in charge of ...

Shanghai Blocks Access to Bund Stampede Site
Authorities in Shanghai have sealed off the site of a deadly New Year's Eve stampede, cutting off access to an area that had in recent days become a gathering place for locals to air broader grievances. Tall black wooden barriers now block access to ...

This very scary chart reveals the risky business of China's bull market
China's out-of-the-blue stock market run-up may finally be screeching to a halt. The Shanghai Composite Index's nosedive in the last half-hour of trading this week wiped out a 3.4% gain from earlier in the session, as fears of a worsening economic ...

Asian Cup: Yu Hai scores in China's 1-0 win over Saudis
China's goalkeeper Wang Dalei left, gestures as he reacts to a penalty awarded against his team by referee Faghani Alireza Mohammad, right, during the first round soccer match of the AFC Asia Cup between China and Saudi Arabia in Brisbane, Australia, ...

Why China Just Made A $20B Investment In Venezuela
Venezuela's President Nicolas Maduro (front left) walks with China's President Xi Jinping as they arrive for a welcome ceremony at the Great Hall of the People in Beijing, Jan. 7, 2015. Reuters/Andy Wong/Pool. Venezuela is suffering from plummeting oil ...

No models draped over cars, no cleavage on TV in new, ?moral? China
BEIJING - Glamorous models will no longer stand alluringly beside shiny cars at this year's auto show in Shanghai, while cleavage has been cut from a popular historical soap opera. China's Communist government is taking a new, more austere line, to ...

China, Kenya pledge to deepen ties, cooperation
NAIROBI, Jan. 11 (Xinhua) -- China and Kenya have pledged to further deepen bilateral relations and practical cooperation, visiting Chinese Foreign Minister Wang Yi said Saturday. "We have agreed to make further progress in the comprehensive ...

2015 AFC Asian Cup: China 1-0 Saudi Arabia
BEIJING, Jan. 11 (Xinhuanet) -- China's 2015 AFC Asian Cup campaign began yesterday against Saudi Arabia. The team from the Middle East certainly had the edge before the match began, as they had not lost to the PRC in 18 years. However, they suffered ...

Shanghai cancels lantern festival after stampede
China's commercial hub Shanghai has cancelled a popular annual outdoor festival over safety concerns, after a New Year's eve stampede in the city killed 36 people. Organisers called off the lantern festival event at the Yu Gardens "based on ...

Kaisa Mess Adds Transparency Cost on Fund Anxiety: China Credit
Kaisa Group Holdings Ltd.'s disclosure shortcomings over debt repayments and executive exits has stoked concern about the lack of transparency in China, pushing junk bond borrowing costs to a two-year high. Yields on Chinese dollar-denominated ...

China Guanxi: Overrated
I am skeptical of service providers who brag about their China connections. Those who tout their China guanxi usually do so because they have little to say about their expertise or experience. More importantly, the value of guanxi for foreign companies ...

In China, a church-state showdown of biblical proportions
Christianity is booming in China, propelling it toward becoming the world's largest Christian nation. But as religion grows, it spurs a government crackdown. By Robert Marquand, Staff writer January 11, 2015. close. A church member prays at Jiu'en Tang ...

Charlene Chu Says China's Credit Risks Worsening
Charlene Chu, the former Fitch Ratings Ltd. analyst known for her warnings over China's debt risks, said that the dangers are increasing as the outlook for the nation's growth deteriorates. “We've got the biggest debt bubble that the world has ever ...

China quietly toughens travel restrictions on West Africans
BEIJING (Reuters) - China has been quietly toughening travel restrictions on students and businessmen traveling from Ebola-hit West Africa even as it increases support to fight the deadly disease on the ground in the region, diplomats say. Beijing ...


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