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China News 07/2015 (Page 2)



China brokerages pledge to buy $19.3 billion in shares to steady plunging market
BEIJING China's top securities brokerages said on Saturday that they would collectively buy at least 120 billion yuan ($19.3 billion. of shares in a bid to stabilize the country's stock markets after a slump of nearly 30 percent since mid-June. The ...

China Voice: Proactive China to help rather than hinder global governance
BEIJING, July 4 (Xinhua) -- This week one of the initiatives instituted by China made solid progress -- 57 prospective founders signed the charter of Asia Infrastructure Investment Bank (AIIB) on Monday. In the past two years, the country has surprised ...

Explore the rich history and vast landscapes of ancient China
THE central civilisation of the Far East and historically home to the dominant culture of the region, China is a traveller's treasure box: colossal palaces, sacred mountains, clifftop temples, roaring metropolises, spectacular scenery and much more. A ...

IPO Freeze, Rescue Fund Latest China Moves to Prop Stocks
China is suspending initial public offerings and creating a market stabilization fund in the latest attempts to shore up its tumbling stock market, which has had the largest three-week drop since 1992. According to company filings to the exchanges ...

China's Unsettling Stock Market Collapse
An investor is reflected in a screen showing stock information at a brokerage house in Hefei, Anhui province. Reuters. Matt Schiavenza; Jul 4, 2015. This summer has not been calm for the global economy. In Europe, a Greek referendum this Sunday may ...

China's insatiable appetite for power
ONE OF the defining features of communism in the Chinese experience has been the fierce determination of party leaders to maintain a monopoly on power and obliterate any competition. China's bosses have largely abandoned communism as an economic ...

China lobbies hard ahead of Manila's South China Sea arbitration case
HONG KONG/MANILA China's claims to the disputed South China Sea will come under international legal scrutiny for the first time this week, but while Beijing has officially refused to take part in the case filed by the Philippines at a U.N. tribunal, it ...

China says tourists attacked in Turkey during anti-China protests
BEIJING/ISTANBUL China has warned its citizens travelling in Turkey to be careful of anti-Beijing protests, saying some Chinese tourists have recently been "attacked and disturbed". The notice, posted on the Ministry of Foreign Affairs website on ...

China's influence grows as Russian crisis rocks Central Asia
At a bazaar in Tajikistan's capital Dushanbe, once a far-flung outpost of the Soviet Union, cheap goods from neighbouring China are helping offset the pain caused by Russia's economic meltdown. As low world prices for Russian energy exports and Western ...

China's Emergency Stock Rescue Is Inadequate, Ill-Conceived
First, the core of China's plan, announced Saturday afternoon, is a stabilization fund. Twenty-one brokerages will contribute at least 120 billion yuan ($19.3 billion), and the People's Bank of China, the central bank, is expected to make available ...

'Terminator Genisys' Release in China Will be a Litmus Test For Hollywood
This week's lackluster global debut of Terminator Genisys, the new installment in the 31 year-old Terminator franchise, will have the executives at Paramount looking east and hoping for a China save. With its massive movie market now routinely ...

China's Market Rout Is a Double Threat
HONG KONG — For nearly three years, President Xi Jinping of China has crushed opposition by silencing and often locking up anyone who dares defy the government. But that aura of invincibility has been shaken by stock market speculators who have made ...

Japan Joins US-Australia War Games Amid China Tensions
SYDNEY — The United States and Australia kicked off a massive joint biennial military exercise on Sunday, with Japan taking part for the first time as tensions with China over territorial rows loom over the drills. The two-week "Talisman Sabre ...

Rivals Pakistan, India to start process of joining China security bloc
BEIJING Nuclear-armed rivals Pakistan and India will start the process of joining a security bloc led by China and Russia at a summit in Russia later this week, a senior Chinese diplomat said on Monday, the first time the grouping has expanded since it ...

China stresses nationalism in war anniversary propaganda push
BEIJING China plans to mark the 70th anniversary of the end of World War Two in Asia, and its fight against Japan, with a stream of movies, concerts, performances and exhibitions, officials said on Monday, in an effort to strengthen "nationalism and ...

China's Mutual Recognition of Fund Scheme Draws First Applicants
Eleven international asset managers have applied to take part in China's mutual recognition of fund scheme as regulations restricting the flow of money between Hong Kong and the mainland are loosened. Some fourteen Chinese funds have applied to sell ...

China to Snub Arbitration Hearing on Feud With Philippines
China is standing pat on its decision to reject arbitration by an international tribunal that will begin formal hearings this week to resolve a long-seething feud between Beijing and Manila over the South China Sea, the Chinese ambassador to Manila ...

While Greece Burns, Don't Forget About China
Greece is burning, but don't let the smoke billowing from Athens cloud your judgment as to the state of affairs in China. In many respects, the country that everyone thinks is still a white-hot emerging market is on the fire, too. About $2.7 trillion ...

China repeats vow to raise state spending: local media
BEIJING China will gradually increase government spending over the course of this year as planned to support its slowing economy, Chinese media quoted a vice finance minister as saying on Monday. Zhu Guangyao was quoted by the China Economic ...

Fincera Announces Participation in LendIt China 2015
Fincera Inc. ("Fincera" or the "Company") (OTCQB: AUTCF), a leading provider of web-based financing and ecommerce services for China's transportation and automobile industries, today announced that the Company, through its proprietary online small ...

Sinosphere | Q. & A.: Xie Shi on the Brotherhood of Skateboarding in China's ...
Sinosphere | Q. & A.: Xie Shi on the Brotherhood of Skateboarding in China's ...

Macquarie: Is China Really That Different From Greece and Puerto Rico?
A Chinese customer walks past the stock index at the end of the trading day on a trade floor in Shanghai on April 26, 2004. Photographer: Kevin Lee/Bloomberg News. Don't Miss Out — Follow Bloomberg On. Facebook · Twitter · Instagram · YouTube. Sign up ...

Greek crisis is nothing compared to China
The population of Greece is slightly less than the state of Ohio's, while its gross domestic product is just a little bit bigger than the economies of Kazakhstan, Algeria and Qatar. Instead of focusing on Athens, investors should be much more worried ...

China stocks resume losing streak
HONG KONG (MarketWatch) — Chinese stocks declined Tuesday morning, returning to the loss column after the Chinese government's drastic market-stimulus efforts led to gains the previous day. The Shanghai Composite Index opened down 3.2%, then ...

France Says Will Not Sell Weapons to China
WASHINGTON—. France says there will be no weapons sales to China, following earlier speculation that France might consider selling two Mistral-class amphibious assault ships to Beijing. After a joint news conference with U.S. Secretary of Defense Ash ...

China Stocks Rout to Slow Capital-Account Opening, Nomura Says
China's stocks rout will probably lead to a more gradual easing of its capital controls, hampering the yuan's bid for reserve-currency status, according to Nomura Holdings Inc. The slide has wiped out some $3.2 trillion of market value and will likely ...

China kicks off war commemorations with graphic exhibition
MARCO POLO BRIDGE, China With dioramas of heroic Communist soldiers and graphic pictures of massacres, China formally kicked off its commemorations for the 70th anniversary of the end of World War Two on Tuesday with the unveiling of a new ...

Charting the Rise and Fall of China's Equity Market
It's been a wild ride on China's equity market, with the Shanghai Composite Index rising from just above 2,400 in November 2014 to a high close of 5,200 in June, before plunging back toward 3,700 in early July. Along the way there have been four rate ...

China Box Office: Homegrown 'Monk' Beats 'Jurassic World'
Taraji P. Henson, Viola Davis and Drama Actress A-List Tackle Race, Sexism, Aging in Hollywood · HBO's Real-Life Game of Thrones: The Fight to Stay Rich, on Top and Score Bill Simmons. by Clifford Coonan. 7/7/2015 12:28am PDT. Chen Kaige's martial ...

China Offers Private Companies Rights to Explore Six Oil-and-Gas Blocks
BEIJING—China's government is offering private companies the rights to explore six oil-and-gas blocks in a small step toward opening the nation's energy resources to private investment. The Ministry of Land and Resources said Tuesday that the pilot ...


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