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China News 01/2015 (Page 7)



China Said to Plan Punishment of 4 Fund Firms for Front Running
China's securities regulator plans to punish four fund-management firms for insider trading, according to people familiar with the matter. China Asset Management Co., the nation's third-largest fund manager, will be banned from issuing new products for ...

Chinese Stocks in Hong Kong Climb to Highest Since 2011 on PMI
Chinese stocks in Hong Kong climbed to a three-year high as an unexpected gain in a manufacturing gauge signaled the world's second-largest economy is stabilizing. PetroChina Co., the nation's largest energy producer, rose 2 percent. The preliminary ...

China steelmakers bring forward maintenance, try to dent oversupply
SHANGHAI Jan 23 (Reuters) - Chinese steelmakers are bringing forward plant maintenance as they look to curb oversupply that helped knock nearly a third off prices last year in the world's top producer of the alloy, industry sources said. Leaner demand ...

ChinaNet Subsidiary Selected for Hubei Province's Top "500 Projects" Program
ChinaNet Online Holdings, Inc. CNET, -6.19% ("ChinaNet" or the "Company"), a leading B2B (business to business) Internet technology company providing online-to-offline (O2O) sales channel expansion services for small and medium-sized enterprises ...

Tumblr Eyes China As Censors Watch
Bottom line: SNS operator Tumblr could quickly find its site blocked in China if it rolls out a Chinese-language edition targeting mainland users without taking formal steps to enter the country. News that US social networking site (SNS) Tumblr is ...

China ministry denies civil servant wages raised significantly
BEIJING Jan 23 (Reuters) - China on Friday said it had not significantly raised civil servants' wages, denying state media reports and a government document that the wages were raised in October. The document, dated Jan. 12 and seen by Reuters, showed ...

China Blocks VPN Services That Skirt Online Censorship
China is blocking VPN services that let users skirt online censorship of popular websites such as Google and Facebook amid a wider crackdown on online information, tech companies and specialists said Friday. The virtual private network provider Golden ...

China's economy looks weak, but China's stocks look better
HONG KONG (MarketWatch) — With China set to usher in the Year of the Sheep next month, analysts are taking a downbeat view of the Chinese economy, but perversely they are upbeat on Chinese stocks. While data out earlier this week showed that ...

Why 2015 could be rough for China
Ivan Martchev is an investment specialist with institutional money manager Navellier and Associates. Previously, Ivan served as editorial director at InvestorPlace Media. Ivan was editor of Louis Rukeyser's Mutual Funds and associate editor of Personal ...

Is China Coming Down to Earth
Few Chinese leaders are as revered as Deng Xiaoping. His late-1970s modernization drive led to an unrivaled run of higher-speed growth. Chinese President Xi Jinping, who has huge reform ambitions of his own, often evokes the memory of the paramount ...

Paraguay tries to stop execution of woman in China
BEIJING (AP) — Rosalia Amarilla stepped into the international terminal of Beijing's cavernous main airport on the afternoon of July 24, 2012, wearing more than 7 pounds (3 kilograms) of cocaine stuffed into her underwear and bra. An acquaintance ...

China restricts government office sizes
BEIJING, Jan. 24 (Xinhua) -- China's anti-graft body said on Saturday that ministers and provincial governors shall have offices not bigger than 54 square meters. Offices for their deputies shall be 12 square meters smaller, said the Communist Party of ...

China's online population reaches 648 mln
BEIJING, Jan. 24 (Xinhua) -- China's netizen population, the world's largest, reached 648 million at the end of 2014, 16 million more than in June, according to an industry expert. Jin Jian, deputy director of the China Internet Network Information ...

Chinese airlines deliver over 30 mln int'l trips in 2014
BEIJING, Jan. 24 (Xinhua) -- Over 30 million international trips were delivered by Chinese airlines in 2014, up 18 percent year on year, a senior civil aviation official said Saturday. Wang Zhiqing, deputy director of the Civil Aviation Administration ...

China talks about unprecedented security risks, signals higher military spending
BEIJING: China's Communist Party has said that the country is facing "unprecedented national security risks". A meeting of the party's top leaders led by president Xi Jinping, who is also the general secretary of the Party's Central Committee, has ...

China's birthrate during the year of the sheep
To the editor: Why is it a bad sign that China may be about to experience a decline in birth rate due to a superstition about babies being born in the year of the sheep? ("For China's birthrate, this may be a bad sign," Jan. 19). lRelated For China's ...

China's Shanghai eliminates 2015 economic growth target
BEIJING (Reuters) - Shanghai eliminated its economic growth target for this year, the city's mayor said on Sunday, as China works to shift its focus to qualitative goals with the economy slowing. The financial hub did not provide a target for growth in ...

China further lowers threshold to attract overseas talent
BEIJING, Jan. 25 (Xinhua) -- China has expanded its program to attract overseas talent by adding 55 introduction plans to the latest brain gain list. Overseas personnel introduced by the plans will enjoy preferential policies in visa applications ...

China Bull Market Masks Momentum Breakdown as Stock Volumes Sink
Just below the surface of China's world-beating equity rally, signs of trouble are emerging. While the Shanghai Composite Index touched a five-year high on Friday after a 63 percent gain during the past year, other gauges of investor enthusiasm are ...

Venezuela offers China tough lending lessons
“God will provide!” So said Nicolas Maduro, Venezuela's president, last week following his apparently empty-handed return from a trip to China and Saudi Arabia to drum up emergency financial help. Investors did not share Mr Maduro's faith, marking down ...

US-India Joint Strategic Vision for the Asia-Pacific May Irk China
New Delhi: In a clear sign of the deepening strategic equation between India and the United States, both sides today released a Joint Strategic Vision statement for the Asia-Pacific and Indian Ocean region. The statement, which is likely to irk China ...

UPDATE 1-China's Dalian Wanda to invest $1 bln in Sydney property development
... * Wanda buys two properties near Sydney Harbour. * Follows investment in joint venture on the Gold Coast. * Wanda diversifying away from weak domestic market (Adds details on the investment). By Clare Jim. HONG KONG, Jan 26 (Reuters) - Dalian ...

Death Threats and Dawn Raids: Welcome to China's Anti-Graft Drive
Frozen Chinese bank accounts. Top executives taken in for questioning. Reports of death threats and pre-dawn clashes between armed body guards and police in Beijing. That's the fallout from a corporate feud playing out in Chinese press and social media ...

Steel output dips 0.6 pct in China's Hebei in 2014
BEIJING, Jan 26 (Reuters) - Steel output in China's biggest producing province of Hebei fell 0.6 percent in 2014, with a drop in demand plus campaigns against pollution and overcapacity forcing many local mills to cut production. Hebei's steel sector ...

China to get tough on bank fraud after man wrongfully jailed
HONG KONG (MarketWatch) — China's central bank and its top financial regulator are vowing action against the theft of bank depositors' money, an issue that has entered the spotlight after a man was wrongly jailed for trying to recover money stolen by ...

Beijing shows listening side on trash burners to appease public, but politics ...
Beijing shows listening side on trash burners to appease public, but politics ...

China Bull Market Masks Momentum Breakdown as Volumes Wane
Just below the surface of China's world-beating equity rally, signs of trouble are emerging. While the Shanghai Composite Index touched a five-year high on Friday after a 63 percent gain during the past year, other gauges of investor enthusiasm are ...

China Yuanbang Declines After Chairman Held in Custody Quits
China Yuanbang Property Holdings Ltd. (CYBP) fell by the most in more than two weeks in Singapore trading after saying its chairman is being investigated by Chinese authorities and has resigned. The shares fell 12 percent, the most since Jan. 7, to S$0 ...

China's Stocks Rise to 5-Year High on Outlook for New Industries
China's stocks rose for a fifth day, sending the benchmark index to a five-year high, as technology companies advanced on speculation they will benefit from increased government spending on national defense. Security software companies Beijing VRV ...

What Three Different Approaches To Senior Care in China Tell Us About The ...
What Three Different Approaches To Senior Care in China Tell Us About The ...


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