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China News 03/2015 (Page 9)



Sri Lanka backs China's initiative to include India in regional cooperation
Chinese officials said as part of China-India cooperation in South Asian, Beijing is holding discussions with New Delhi. Sri Lanka has backed China's surprise initiative to make India an important component of a regional cooperation to address New ...

How China's Li Is Helping Push Railway Profits to Record Levels
(Bloomberg) -- On his trips to Africa and other parts of the developing world, Premier Li Keqiang regularly touts the capabilities of China's railway companies. The payoffs are beginning to show in record profits for the industry. Four of China's ...

Keep Digging for China Recovery Hopes
The “golden years” for Chinese construction machinery have ended, says Zoomlion Heavy Industry, a top machinery maker. This bellwether of China's build-it-and-they-will-come economy reported its first-ever loss as a listed firm in the December quarter ...

China Evacuates Citizens From Yemen
China said it successfully evacuated more than 600 nationals from conflict-torn Yemen and conducted an air force drill on Monday over the western Pacific Ocean—two operations that illustrate the country's growing military capabilities. Nearly 500 ...

China jails a Muslim for six years — for refusing to shave his beard
A Muslim was jailed for six years in China for refusing to shave off his beard, while his wife was imprisoned for two years for wearing a burqa, as part of a severe crackdown on religious “extremism” in the far-western province of Xinjiang, local media ...

Qatari investors to pay $5 billion for 49 percent Shandong Dongming Petchem ...
Qatari investors to pay $5 billion for 49 percent Shandong Dongming Petchem ...

29-year-old Zhang Lianglun Tailors Online Mall Beibei For China's Young Mothers
China's relaxation of its one child policy after almost three decades, allowing two children if either parent is an only child, is painting a rosy picture for its mother and baby market drawing in crowding new players. Beibei, a discount mall for such ...

China to Delay Some Bank Technology Rules
BEIJING—China has agreed to delay implementation of some bank technology rules that have sparked heavy lobbying from the U.S. government and technology companies due to protectionist concerns, a senior U.S. Treasury official said Monday. While it is ...

Sinosphere | China Is Urged to Confront Its Own History
The tour guide outside the bloodstained classrooms of the Tuol Sleng Genocide Museum, the high school in the Cambodian capital of Phnom Penh transformed into a prison and torture center by the Khmer Rouge, paused to ask whether any tourists in the ...

China Acts to Stem Slide in Home Prices
SHANGHAI — China on Monday courted home buyers with a bigger tax break as it cut down-payment requirements for the second time in six months, stepping up a fight against sliding house prices that is imperiling the Chinese economy. The People's Bank ...

China eases housing tax, lending rules to fight downturn
SHANGHAI/BEIJING (Reuters) - China on Monday courted home buyers with a bigger tax break as it cut downpayment requirements for the second time in six months, stepping up a fight against sliding house prices that is imperiling the world's ...

China stocks reach 7-year highs as Beijing eases property policies
... * CSI300 +0.5 pct; SSEC +0.1 pct; HSI +0.5 pct. * Property, banking shares rise on easing policies. * Hong Kong shares up on signs of inflows from China. By Samuel Shen and Pete Sweeney. SHANGHAI, March 31 (Reuters) - China stocks hit fresh ...

Taiwan, Norway seek to join China-backed AIIB, Japan still cautious
TOKYO/TAIPEI (Reuters) - Japan remains cautious about signing up to the China-led Asian Infrastructure Investment Bank (AIIB), indicating that Tokyo will miss the March 31 deadline for application, but both Taiwan and Norway said they would seek to ...

Hanoi Takes Resistance to Beijing Underwater
HANOI—To help vanquish a much stronger adversary, Viet Cong guerrillas fighting U.S. forces in the 1960s used an extensive network of tunnels on the outskirts of Saigon. From deep underground, they launched surprise attacks. The booby-trapped ...

UPDATE 2-China Baosteel executive under investigation for corruption
(Adds separate official under investigation). SHANGHAI, March 31 (Reuters) - A top executive of China's Baosteel Group, the parent of Baoshan Iron & Steel, is being investigated for "serious disciplinary violations", China's corruption watchdog said on ...

US admiral says China 'creating a great wall of sand' in sea
CANBERRA, Australia — China is “creating a great wall of sand” through land reclamation in the South China Sea, causing serious concerns about its territorial intentions, the commander of the U.S. Pacific Fleet said Tuesday. Admiral Harry Harris Jr ...

China to Insure Deposits in Move Toward Scrapping Rate Curbs
(Bloomberg) -- China said an insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more market-driven economy. Deposits and interest up to 500,000 yuan ...

China can't dominate until it gets handle on debt
China's Xi Jinping made a lot of grand promises over the weekend, pledging a new order where China and Chinese-led institutions such as the new Asian Infrastructure Investment Bank would promote prosperity across the region. But he was on shaky ...

China accused of cyberattacks on anti-censorship sites
BEIJING — The anti-censorship group Greatfire.org charged Tuesday that Chinese authorities are behind recent cyberattacks against its website and that of Github, a San Francisco-based Web resource. The denial-of-service attacks shut down Github ...


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