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China News 03/2015 (Page 5)



China consumer show targets Volkswagen, Nissan
... * Chinese annual TV consumer expose criticises VW and Nissan. * Daimler's Mercedes and Jaguar Land Rover also hit. * Annual expose show can dent reputation and sales. By Adam Jourdan and Sue-Lin Wong. SHANGHAI, March 15 (Reuters) ...

China's ambitious IT sector lays claim to global role
China's huge IT sector is out in force in Germany this week, signalling to the world it is ready to not just copy but lead as a tech superpower. Bucking China's economic slowdown, information and communication technology are booming in the world's ...

Ex-Top China Military Official Dies During Bribery Inquiry
The Chinese military's former second-highest ranking officer, Xu Caihou died in a hospital of cancer while he was being investigated on suspicion of taking bribes and brokering promotions, state media reported early Monday. He was 71. A former deputy ...

Why Slow Growth Might Actually Be Good for China
China recently unveiled its GDP expansion target. At 7%, it is the lowest in 11 years. The last time China set such a “humble” target was during the post-Asian financial crisis era, when the country maintained a 7% goal for six consecutive years ...

Land Rover, China Mobile rapped by China state broadcaster
SHANGHAI — China's state-run television reported over the weekend that Tata Motors Ltd.'s Jaguar Land Rover hasn't handled an alleged fault properly, car dealerships inflate repair costs and China Mobile Ltd. enables fraudsters. Jaguar Land Rover's ...

For investors, Southeast Asia touts alternatives to China's workshop
The Philippines, Vietnam, and Indonesia are building infrastructure and dangling tax breaks for foreign investors at a time when the cost of doing business in China is rising. By Ralph Jennings, Correspondent March 16, 2015. close. A view of skyrise ...

The Western Media Is Missing China's Biggest Story
BEIJING -- In the Western media, the National People's Congress -- China's legislative body which just ended its annual three week session -- is perfunctorily conjoined with the phrase "rubber stamp." This characterization is less and less true every ...

China is world's third-biggest arms exporter
FILE - In this Nov. 21, 2010, file photo, Pakistan Air Force personnel sit in front of their JF-17 jet fighter at the 8th China International Aviation and Aerospace Exhibition (Zhuhai Airshow) in Zhuhai, southern coast of Guangdong province, China ...

Myanmar blames bombing in China on 'ethnic group'
BANGKOK — Myanmar's air force never entered Chinese territory and an "ethnic group" is responsible for a bomb that killed five farmers inside China, a government spokesman said. "We checked with the military," said Zaw Htay, director of the office of ...

China Said to Mull Options to Extend Finance Chief Lou's Term
Lou Jiwei, China's Finance Minister, speaks during a news conference on the sidelines of the third session of the 12th National People's Congress (NPC) in Beijing. Photographer: Tomohiro Ohsumi/Bloomberg. (Bloomberg) -- China's leadership is ...

China says deliberation on draft anti-terrorism law goes ahead
BEIJING (Reuters) - Deliberation on a controversial Chinese anti-terrorism law is going on and it will be formulated based on national security needs, the Foreign Ministry said on Monday, refuting a senior U.S. official's suggestion that the ...

Questions Loom Over China's Legal Reform Drive
By Stanley Lubman. Zhou Qiang, president of China's Supreme People's Court (SPC), delivers a report on the SPC's work at the third plenary meeting of the third session of the 12th National People's Congress (NPC) at the Great Hall of the People in ...

China Targets Big Oil In Wars On Corruption, Pollution
BEIJING -- What do China's "war on pollution" and campaign against corruption have in common? They've both placed China's coal and oil empires in their crosshairs, and they're firing away. Over the past two years anti-corruption squads have ...

One way China still really, really needs the US
On Monday, we took note of the fact that China's faltering construction sector has meant that all the steel it's churning out -- which hasn't slowed down a bit -- is flooding world markets. And that's the typical trade story with China, where the low ...

Defying US, European allies say they'll join China-led bank
BERLIN/WASHINGTON (Reuters) - Germany, France and Italy said on Tuesday they would join a new China-led Asian investment bank after close ally Britain defied U.S. pressure to become a founder member of a venture seen in Washington as a rival to the ...

China Promises Transparent Audit Of State Enterprises' $690B In Overseas ...
China Promises Transparent Audit Of State Enterprises' $690B In Overseas ...

China Hunts Terrorism Suspects in Stealth Campaign Around Globe
Police officers stand outside a mosque as Uighur Muslims gather for 'Salat' Friday prayer for the first time after a bomb explosion in Urumqi, Xinjiang, China, on May 2, 2014. Source: The Asahi Shimbun via Getty Images ...

China Shares Climb to Near Seven-Year High
The bulls are back in China with the stock market rallying for a sixth straight day Wednesday to the highest level since the global financial crisis in 2008, on hopes of further stimulus measures from Beijing to rejuvenate the sluggish economy. The ...

China Increases Solar Target for 2015 as It Fights Air Pollution
A photo taken on June 11, 2012 shows workers as they install solar panels near the Sino-Singapore Eco-city near Tianjin, China. Photographer: Ed Jones/AFP/Getty Images. Recommended. Coal pollution and global warming in Linfen China China Revives ...

China Property Prices Roll Downhill
Investing amid China's property downturn is a bit like dodging boulders. Prices are tumbling and one never knows where the damage is going to hit. Despite several rounds of monetary easing, the overall property market continues to slide. Data released ...

Shui On Plans Xintiandi Listing by End-2016, Sells More Assets
(Bloomberg) -- Shui On Land Ltd., controlled by Hong Kong billionaire Vincent Lo, is seeking to list its China Xintiandi commercial property unit in the next 18 months while it continues asset sales to cut debt. The subsidiary, which holds retail and ...

Islamic militant threat in China is real, not just propaganda
Police wearing sashes hold placards during a ceremony to award those who the authorities say participated in “the crackdown of violence and terrorists activities” in Hotan, Xinjiang Uighur Autonomous Region August 3, 2014. REUTERS/Stringer. If the ...

A Decade Old Drug Launch In China With Important Insights Today
China has been the graveyard for many new product launches that foreign multinationals were certain would be well received by the Chinese consumer, but fell flat on their faces. Even in China's high-growth healthcare market, this has been the case for ...

China gloats as Europeans rush to join Asian bank
BEIJING — China's state media indulged in a spot of gloating on Wednesday, as Europe's most powerful nations announced they planned to join a Chinese-led Asian regional bank, ignoring objections from the United States. In a commentary piece titled ...

Sparked by Stolen iPhone, US-China 'Bromance' Moves China's Netizens
It was a rare, if bizarre, moment of tenderness in the otherwise tense US-China relationship: an American journalist embracing the Chinese man who had been using his stolen iPhone. Matt Stopera and Li Hongjun met for the first time on Tuesday night at ...

China Spawns Its Latest Renewable Energy Billionaire
Cao Renxian, chairman of China's Sungrow Power Supply, has joined the ranks of the world's renewable energy billionaires following record closing highs in the share price of his Shenzhen-listed company this week. Sungrow makes power supply equipment ...

China Media Watchdog Welcomes Tech Firms Move Into Entertainment
The deputy head of China's media authority has said the entry of tech firms such as Alibaba or Youku Tudou into the film business would boost the country's film market long term and provide healthy competition for Hollywood. "The involvement of these ...

China indicts former oil boss on corruption charges
BEIJING — The former chairman of the stated-owned parent of PetroChina Ltd., Asia's biggest oil producer, was indicted Thursday in a spreading anti-corruption crackdown. Jiang Jiemin was charged with abusing his position at China National Petroleum ...

China, Japan agree to keep momentum alive for better ties
TOKYO (Reuters) - China and Japan held their first security talks in four years on Thursday and agreed to keep alive and foster a nascent recovery in bilateral ties plagued by the legacy of Japan's wartime aggression and a territorial dispute. The ...

UPDATE 3-Global push aims to change China's mind on bank rules-US official
(Adds Chinese Foreign Ministry comment). By Krista Hughes. WASHINGTON, March 18 (Reuters) - The United States has joined forces with Japan and the European Union to pressure China on new bank cybersecurity rules that have upset foreign ...


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