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China News 04/2015 (Page 5)



China tells Europe not to ignore its new trade status
... * Application of WTO rules set to define Sino-EU ties. * EU lawyers say EU cannot ignore rules on China's status. By Robin Emmott. BRUSSELS, April 14 (Reuters) - China's top diplomat in Brussels warned the European Union on Tuesday not to disregard ...

Harvard Medics and Million-Dollar Care Are Must-Haves in China
Female-member wing at iKang Evergreen's Beijing center. Source: iKang Healthcare Group Inc. via Bloomberg. Recommended. Shale Oil Boom Could End in May After Price Collapse · Saudi Arabia's Plan to Extend the Age of Oil · The $9 Trillion Short That ...

Asia shares mostly lower as China GDP data disappoints
Czech Republic Finance Minister and Deputy Prime Minister Andrej Babis, second from right, and his partner Monika Babisova, right, listen to specialist Jason Hardzewicz, left, as they visit the trading floor of the New York Stock Exchange Tuesday ...

China and Hong Kong May Relax Stock-Connect Rules
Regulators from China and Hong Kong are considering loosening rules that have blocked small mainland investors from putting their cash in the Hong Kong stock market, marking another step in Beijing's plan to make it easier for funds to flow in and out ...

What president Hillary Clinton could mean for China
As US secretary of state, Hillary Clinton made history when she introduced the US “pivot to Asia” during a 2010 trip to Vietnam, by declaring what happens in the South China Sea one of the US's national interests. Designed to counter China's growing ...

China extends pilot power sector reform to more regions
BEIJING, April 15 (Reuters) - China is expanding a pilot scheme that gives local authorities more control over electricity transmission and distribution prices, as the world's largest power market steps up deregulation to boost efficiency, according to ...

China's Infrastructure Bank Attracts 57 Founding Members – Prospectively
The rush to join the China-led Asian Investment Infrastructure Bank turned into a flood in the end. China's Finance Ministry said Wednesday that 57 countries have become “prospective founding members.” So how many will be full-fledged founding members ...

Why China's numbers are worse than they seem
If ever China needed to serve up a decent GDP report, it was today. With stocks booming, global growth uncertain, India catching up and Beijing's Asian Infrastructure Investment Bank coming online, now isn't the time to betray weakness. So, like any ...

China's slowdown deepens, stepping up pressure on Beijing
Residents walk past a textile shop offering heavy discounts in Hangzhou in east China's Zhejiang province Wednesday April 15, 2015. China's economic slump deepened as... More. By JOE McDONALD. The Associated Press. BEIJING (AP) — China's ...

China follows Silk Road in search of fast growth
BEIJING — A centuries-old template for China's economic influence may be the best idea the nation's current-day leaders have for addressing a shortfall in growth. China reported on Wednesday that the economy expanded the least since the 2009 global ...

China's Yacht Market Is Losing Steam
China's wealthiest citizens are never big fans of yachts. Unlike the super riches of other countries, they would rather buy private planes or luxury hotels than purchasing boats. The Italian Trade Commission once estimated that only one out of every ...

Hong Kong Rally Rewards China Tycoons
Rich Chinese are reaping big rewards from the recent stock-market rally in Hong Kong. A flurry of buying from mainland Chinese investors, most recently prompted by China's March decision to allow mutual funds to buy Hong Kong shares, has helped push ...

Model's Lament: Covering Up China's Car Show
When the Shanghai auto show opens its doors Monday, Chinese car model InnerSoul, 26 years old, won't be posing provocatively on the hood of a luxury car or strutting the aisles of China's biggest car show. Instead, she said, she will probably be out ...

US Official's China Visit Offers Peek Into Communist Party Training School
During her weeklong mission to China to change mindsets about American technology, U.S. Commerce Secretary Penny Pritzker on Thursday pressed the message at a Communist Party institution of higher learning. At the entrance to Shanghai's China ...

'Like the end of the world': Beijing blanketed in red dust
Beijing was covered in a thick blanket of dust on Wednesday in one of the worst sandstorms the city has seen in more than a decade. As the evening set in, residents rushed to get home from work in the haze, as visibility continued to drop and traffic ...

China Halts Implementation of Banking-Technology Rules
BEIJING—China suspended bank-technology rules that drew protests from the U.S. government and business groups, according to an official notice, in a move that could help ease cybersecurity tensions between Washington and Beijing. The notice ...

Beijing Film Festival opens with aim to raise profile
BEIJING — The fifth Beijing International Festival opened Thursday in China's capital city, where the local government and national film authorities are hoping to raise the event's profile by hiring a veteran European festival chief. The festival ...

Huang Wenyi Leads by 1 Stroke at Shenzhen International
Huang Wenyi, a former laborer from China who didn't start playing golf until he was 22, shot a 6-under 66 Thursday to take a one-stroke lead after the first round of the Shenzhen International. The 34-year-old Huang had eight birdies to go along with ...

Japan now holds more US debt than China
China's six-year run as the top foreign holder of U.S. Treasuries has ended. Japan now holds the title and the bigger debt. Hong Kong (CNNMoney) — Move over, Beijing. Japan now owns more U.S. government debt than any other country, ending China's ...

China's 58.com to Buy Minority Stake in Rival Ganji.com
New York-listed 58.com Inc., WUBA -0.70 % often described as China's Craigslist, has agreed to purchase a $1.6 billion stake in unlisted rival Ganji.com using a combination of cash and shares. 58.com said it would pay for the 43.2% stake in Ganji.com ...

Amateur Hour In China?
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving ...

China reportedly building runway on artificial island in disputed waters
April 17, 2015: A protester displays a placard during a rally at the Chinese Consulate at the financial district of Makati city, east of Manila, Philippines. (AP). China reportedly is building an airstrip on an artificially created island in a disputed ...

Uihlein shoots 68 in gusty conditions to lead in Shenzhen
SHENZHEN, China — Peter Uihlein made five birdies in gusty conditions and shot a 4-under 68 Friday to take a one-stroke lead after the second round of the Shenzhen International. The American started his round on the 10th hole and was 1 under on the ...

China police shoot dead two "terrorists" on Vietnam border
BEIJING (Reuters) - Chinese police have shot dead two suspected "terrorists" on the border with Vietnam, part of a group of people trying to sneak out of the country, state media said on Friday. The group was discovered on Friday morning in Dongxing ...

China's economy is losing altitude fast
Is China's economy finally heading for the dreaded "hard landing" that some analysts have been predicting? The People's Republic still has a financial growth rate that is the envy of many nations. But its reported first-quarter GDP growth of 7 percent ...

Apple Polishes China Image With Solar Farms
Bottom line: Apple's new solar power initiative in China is a highly symbolic move to curry favor with local officials, and should win the company positive public relations points at very little cost. I have to commend Apple for finally realizing it ...

China indicts former aide to disgraced security tsar
BEIJING (Reuters) - A one-time aide to China's disgraced former security chief Zhou Yongkang has been indicted on charges of taking bribes, the government said on Friday, the latest of Zhou's allies to be put up in front of the legal system. President ...

China Reaches Out to Pakistan with Massive Economic Plan
BEIJING—. Chinese President Xi Jinping visits Pakistan next week where the two countries are expected to agree on economic and energy deals worth more than $40 billion. Leaders are highlighting how the trip will transform the relationship to focus ...

China Is Slowing - It's Official, But Rebalancing Is Not To Blame
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving ...

Beijing Rallies Residents to Butt In and Butt Out
Smokers in Beijing get ready: Law enforcement officers won't be the only ones trying to catch you smoking indoors. City officials are rallying residents to help enforce new smoking rules in China's capital, which will start being implemented June 1 ...


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