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China News 05/2015 (Page 8)



Melting down the 'iron rice bowl'
Over the past century, many Americans have tried to interpret China for the West. The most famous was probably Pearl S Buck, who earned a Nobel Prize for literature in 1938 for her novels about the suffering of the Chinese peasantry. Dealing with China ...

Will China keep its promises to Latin America?
It's been about four months since Chinese President Xi Jinping announced a $250 billion investment in Latin America over the next 10 years. Now his prime minister is in the region getting into the specifics. (Video via CCTV). The plan is being called ...

Al Jazeera veteran Adrian Brown strikes trouble in China
In a city in southern China, veteran journalist Adrian Brown did not expect to have a gun pointed at him and his crew. However, in Linshui, a county of more than a million people in Sichuan province where an uprising was happening, the Al Jazeera ...

Xi's speech stresses people-to-people exchange to improve China-Japan ties ...
Xi's speech stresses people-to-people exchange to improve China-Japan ties ...

Chinese Firm's Headquarters Shaped Like 'Star Trek's' Enterprise
With the help of Google Maps, fans of the science fiction franchise “Star Trek” have boldly gone to China to find a new discovery: the USS Enterprise as a work of architecture. The design of the building has sparked heated discussion online among ...

China's CSI 300 Rallies Above 5000 for First Time Since 2008
China's CSI 300 Index rallied above the 5,000 level for the first time in seven years amid speculation the government will accelerate measures to bolster the economy and cross-border sales of mutual funds will fuel equity inflows. China Shipbuilding ...

China lodges complaint with US over spy plane flight
BEIJING China said it had lodged a complaint with the United States over a U.S. spy plane that flew over parts of the disputed South China Sea in a diplomatic row that has fuelled tension between the world's two largest economies. Friction in the ...

China Seeks $320 Million for Campground, Sewer Systems and Roads
China issued a call for private investment in nearly 2 trillion yuan ($322 million) worth of projects including garbage-treatment plants and sewers under a push to boost demand and revive economic growth. The National Development and Reform Commission ...

Middle East and North Africa: Forcing China to Revisit Long-standing Policies
A scan of white papers on multiple foreign policy issues published by the Chinese government is glaring for one thing: the absence of a formulated, conceptual approach towards the Middle East and North Africa (MENA). This is a part of the world that is ...

The website that knows what China's wealthy want
Traders highlights the business of global trading by showcasing extraordinary individuals worldwide who are trading goods and services across borders. (CNN) In China, the demand for luxury goods has never been bigger, but connecting Chinese shoppers ...

China stocks hit 7-year high, but where's the growth?
Chinese stocks rallied for their fifth successive day Monday to breach seven-year highs but growth prospects for the world's largest economy this year are yet to pick up according to economists. China's key Shanghai Composite finished at its highest ...

UPDATE 1-China Pacific Construction sees no listing before 2020, prefers the US
(Updates with details). SHANGHAI May 25 (Reuters) - China Pacific Construction Group (CPCG), China's largest private builder by revenue, does not expect to list until 2020 and would prefer to list in the United States which has better regulated markets ...

Rising coral poaching in China
BEIJING, May 25 (Xinhua) -- The China Coast Guard (CCG) has warned of a rise in the poaching of wild coral, saying on Monday that it has detained 80 suspects and confiscated red coral worth over 100 million yuan (16 million U.S. dollars) since March ...

Japan and Malaysia bolster defence ties, with eyes on China
TOKYO May 25 Japan and Malaysia agreed to bolster security ties and start talks on transfers of defence equipment and technology, their leaders said on Monday, as both separately wrangle with China over territorial spats. "I've agreed with Prime ...

Foreign Drugmakers Face Pressure to Lower Prices in China
Starting June 1, most drugs in China will be liberated from government-set price caps. For foreign drugmakers, though, pressure to cut prices is rising. Since late last year, many provincial governments have introduced new bidding systems to bring down ...

Former Beijing Traffic Police Chief Tried For Allegedly Accepting $3.8M In Bribes
Vehicle drive past a traffic policeman on the Second Ring Road in Beijing, February 10, 2014. Reuters. beijingtrafficchief-briberycase. Flags flutter ahead of the opening session of Chinese People's Political Consultative Conference (CPPCC) at ...

China Said to Name Graftbuster to Lead Scandal-Struck Spy Agency
Chinese President Xi Jinping named one of his top graftbusters to lead the country's spy agency after a corruption scandal toppled the heir-apparent for the post, according to people with knowledge of the appointment. Chen Wenqing, 55, who until last ...

IMF: China's yuan no longer undervalued but further reforms needed
BEIJING China's yuan currency is no longer undervalued after its recent substantial appreciation, but the government should quicken reforms to get to having "a floating exchange rate", the International Monetary Fund said on Tuesday. The IMF has ...

Fire at home for elderly in central China kills at least 38 people
A fire that swept through a privately run home for the elderly in central China killed 38 people and left much of it a charred ruin, raising concerns over the safety of facilities housing the country's rapidly aging population. The fire broke out ...

Can China Save Disney's "Tomorrowland"?
I've been doing business in China since 1987, where I have produced movies and TV, and advised major Chinese companies like China Film Group, Shanghai Media Group and CCTV. I've worked for more than 25 years in Hollywood and the global ...

Paying Up for Tech Talent in China: Is the Tech Boom Pushing Wages Up to ...
Paying Up for Tech Talent in China: Is the Tech Boom Pushing Wages Up to ...

What US publishers owe China
In 1962, Chinese President Liu Shaoqi warned Mao Zedong: “History will record the role you and I played in the starvation of so many people, and the cannibalization will also be memorialized!” Their exchange is in “Tombstone,” a 1,200-page history by ...

China to Expand Naval Operations Amid Growing Tensions With US
BEIJING—China outlined plans to shift its armed forces' focus toward maritime warfare and accused foreign countries of “meddling” in the South China Sea, setting the stage for a tense confrontation between senior U.S. and Chinese defense officials at ...

China's Sagging Sentiment Gets Lift From Government, Stock Rally
Chinese consumers haven't been cooperating with the government's goal of making consumption the nation's predominant economic engine. Consumer sentiment in May unchanged at 111.1 from last month -- the lowest since November and close to a ...

China investigates former top healthcare official for bribery
SHANGHAI China is investigating the former head of a healthcare ministry unit responsible for drug trials and leading implementation of healthcare policy for bribery, a prosecutor said on Tuesday. A court in Sichuan province said it was investigating ...

Shui On May Sell Shanghai Office Towers Adjacent to Xintiandi
Shui On Land Ltd. may sell part of a Shanghai prime-office project next to its iconic Xintiandi entertainment complex in preparation for a public listing of its commercial property unit. The firm is in talks with Chinese and overseas buyers to sell two ...

China's expanding military footprint
BEIJING -- The United States is facing mounting tensions with China as the communist nation announces plans to expand its military footprint outside its borders. CBS News correspondent Seth Doane says Beijing has laid out the most detailed plans for ...

Surging Shanghai stocks a bubble: China strategist
There's a "total disconnect" between this year's strength in Shanghai stocks and the slowing Chinese economy, strategist Patrick Chovanec said Wednesday. The main stock gauge in China, the Shanghai composite, closed Wednesday at a seven-year high, ...

How China Plans To Win The World Cup (In 2023)
Members of the Chinese team receive their second-place medals after losing to the United States 5-4 in a shootout in the 1999 Women's World Cup final in Pasadena, California. Sinking into the Pasadena, California, turf as the American players ...

Box Office: Tomorrowland's Bittersweet China Debut
In what appears to be an historical first, on Tuesday Disney managed to take three of the top four slots at the Chinese box box office on the same day, with Tomorrowland grabbing the top ranking, as expected, in its PRC debut. Disney's Avengers: Age of ...


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