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China News 04/2015 (Page 7)



Can China's Positive Equity Market Rally And Momentum Really Be Sustained?
China's offshore and onshore equity markets have certainly been on a strong run over the past year to date, outperforming other major markets. Indeed, Hong Kong's Hang Seng index has surged almost 30% to the 28,000 mark over the past 52 weeks. But the ...

Asia's economy has a growing problem with China
Asia has a China problem. Beijing has just initiated its biggest cut in bank reserve requirements since 2008, a move that underscores just how worried it is about its economy. But it's also a stark wake-up call for neighbors that have gotten used to ...

China stocks rise to fresh 7-year high on bullish state media commentary
SHANGHAI, April 22 (Reuters) - Chinese stocks climbed to fresh seven-year highs on Wednesday, with investors emboldened by a commentary in state media saying the bull market "has just begun", and that there was no bubble. The CSI300 index of the ...

After Chinese Tycoon Executed, Another Prospects His Nevada Mine
Two months after the court-ordered execution of the colorful mogul Liu Han, another Chinese billionaire with an outsized swagger plans to prospect the fallen man's chief U.S. asset. A mine project near the tiny frontier town of Eureka, Nevada had ...

Beijing govt says air had less pollution in 1st part of year
BEIJING — A key measure of air pollutants in China's capital showed a 19 percent drop in the first three months of the year, local authorities said Wednesday. Beijing's municipal government said Wednesday that the density of PM2.5 — harmful particles ...

China defends vessels' actions against Philippines in South China Sea
BEIJING, April 22 (Reuters) - China on Wednesday defended the actions of its vessels in the disputed South China Sea after the Philippines accused China's coast guard of using water cannon on Philippine fishing boats and urged Manila to increase its ...

UPDATE 2-China to open bank card clearing market to foreign firms from June
(Adds comments from Visa). BEIJING, April 22 (Reuters) - China has announced it will open up its market for clearing domestic bank card transactions, a move that should allow foreign players such as Visa Inc and MasterCard Inc direct access to a market ...

China: 1; U.S.: 0. Don't Let the Asia Pivot Turn into the Asia Peeve
The founder of modern Singapore, Lee Kwan Yew, who passed away recently, had a rather pointed assessment of what's known as the U.S. "Asia pivot" policy: Americans think of international relations like a movie, imagining that we can hit the pause ...

China's economy will keep growing because it has to
Can China's economic policy makers maneuver their way out of this one? Let's see: there's a property bubble that's beginning to deflate, a construction boom that's now going in reverse and a financial system that's riddled with bad debts. Oh, and the ...

Cellular Biomedicine Group Announces New Facility in Beijing
Cellular Biomedicine Group Inc. CBMG, -0.95% ("CBMG" or the "Company"), a biomedicine firm engaged in the development of effective treatments for degenerative and cancerous diseases, today announced that the Company, in anticipation of growth in the ...

China debt mess brings out the yin and yang in policymakers
HONG KONG — China has a $28 trillion problem. That's the country's total government, corporate and household debt load as of mid-2014, according to McKinsey & Co. It's equal to 282 percent of the country's total annual economic output. President Xi ...

China backs political solution to northern Myanmar issue, eyes boosted ...
China backs political solution to northern Myanmar issue, eyes boosted ...

What China Share Rally? Best-Performing China Fund Expects More
China's shares are at a seven-year high and Blackstone Group LP is warning of stock-market excess. The manager of the best-performing long-only fund investing in the nation's equities disagrees and says there's more to come. The Chinese equity market ...

China Still Has Plenty of Savings to Unleash
The People's Bank of China lowered banks' required reserve ratios on Monday, making the largest cut since Nov. 2008. Even so, they still have about 23 trillion yuan ($3.7 trillion) to lock away, begging the question: how much will be allowed to flow ...

China names its top 100 fugitives suspected of corruption
China has issued a list of its top 100 officials and others wanted on suspicion of corruption who are believed to have fled abroad, the latest step in President Xi Jinping's aggressive campaign to rein in graft. Photos of the suspects were splashed ...

Shares, euro sag after euro zone PMIs disappoint
LONDON (Reuters) - World shares weathered soft readings on Chinese and Japanese manufacturing on Thursday that merely drove expectations of more policy stimulus there, though lacklustre euro zone data was less well received. European stock markets ...

China mine flooding death toll reaches 21
Safety improvements and a coal demand slowdown have led to a lower rate of mine-related fatalities in China, but on Sunday a flood trapped coal miners who were unable to escape to safety. File Photo by Prussia Art/Shutterstock. DATONG, China, April 23 ...

Bad News Is Still Good News In China As Poor PMI Boosts Market
Disclosure: The author is short FXI, S&P FUTURES, RUSSELL FUTURES. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it. The author has no business relationship with any ...

China's digital games market growth is 5 times bigger than the rest of Asia's ...
China's digital games market growth is 5 times bigger than the rest of Asia's ...

China cracks down on exotic dancers at village funerals
China's Ministry of Culture has condemned exotic dancing at funerals as “obscene.” Photo by Koryaba/Shutterstock. SHANGHAI, April 23 (UPI) -- China is working with its police force to eliminate stripper performances at funerals after photos of a bra ...

China's $1 Trillion Province Is Open For Business
China unveiled free-trade zones in three provinces this week as it pushes ahead with opening up more areas of its economy. An FTZ in Guangdong will fuse the province's economy more closely with Macau's and Hong Kong's and boost yuan-denominated ...

UPDATE 1-China to expand pilot freeing capital account convertibility-sources
(Adds comments, background). BEIJING, April 24 (Reuters) - China plans to let the yuan be traded with few restrictions in all of its free trade zones in coming months and later this year take nationwide the pilot scheme that is meant to make the ...

Chairman of Taiwan's Ruling Nationalist Party to Visit China
The chairman of Taiwan's ruling Nationalist party, a likely candidate for the island's presidency in next year's election, will meet with Communist Party leaders during a visit to China next month as the former bitter enemies continue their two decade ...

China draft law lets foreign NGOs open offices with govt OK
SHANGHAI (Reuters) - The Chinese legislature has amended a draft law on international non-governmental organisations to give them special permission to set up branches in China, after an earlier draft sparked concerns of a crackdown. The ruling ...

Meet Project N, China's $60000 Smart Car
Car designer Jet Zhang sits in a sporty silver-and-black car and, with the flick of an eye, a steering wheel emerges from under the instrument panel-cum-movie screen in front of him, transforming the vehicle from an autonomous to a conventionally ...

Work Tensions Rise in China, Despite Calls for Harmony
Labor disputes continued to swell in China over the first three months of this year, government data showed Friday, as slowing growth in the world's second-largest economy puts more pressure on workers. Roughly 190,300 labor-arbitration cases were ...

Sinosphere | Q. and A.: Henry Paulson on 'Dealing With China'
Henry M. Paulson Jr., the former United States Treasury secretary, with the Chinese premier, Li Keqiang, in Beijing in 2013.Credit Pool photo by Jason Lee. Email; Share; Tweet; Save; More. By the time Henry M. Paulson Jr. made his first trip to China ...

China court grants death sentence reprieve to abuse victim
A Chinese court granted a woman who killed her husband after years of abuse a two-year death sentence reprieve, state media said Friday, a move cautiously welcomed by human rights activists. The death sentence for Li Yan, 44, is expected to be ...

China's "most advanced" research ship ready to serve
BEIJING, April 24 (Xinhua) -- China's most advanced, independently-made marine science expedition vessel is ready for service after passing official certification Friday, according to the Chinese Academy of Sciences (CAS). Development of "Kexue ...

China: Worry And Reward (PGJ)
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 ...


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