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China News 08/2015 (Page 6)



China shares tumble 6.2% despite PBOC's big cash injection
Fresh anxieties about China's commitment to steadying the stock market sparked heavy losses in Shanghai Tuesday, despite signals of a housing recovery and the central bank's latest steps to keep cash from fleeing. The Shanghai Composite Index ...

China Stock Slump No Deal-Killer as Norway Oil Fund Keeps Buying
The world's biggest sovereign wealth fund isn't about to lose its faith in China. The $870 billion fund, built on Norway's oil riches, says the current selloff and policy shifts from China's leadership won't change its long-term view on the world's ...

Will Beijing's War Against Free Expression Destroy China's Economic Dynamism ...
Will Beijing's War Against Free Expression Destroy China's Economic Dynamism ...

China's Tianjin blasts will cost billions. Here's the tally so far.
The devastating explosions that rocked chemical warehouse facilities in the Chinese port city of Tianjin last week killed more than 100 people, injured hundreds, and have raised serious questions about industrial safety and emergency preparedness in ...

Lessons from Tianjin
By Stanley Lubman. An aerial picture shows smoke rising from the debris among shipping containers at the site of the explosions in Tianjin. Reuters. Following the deadly explosions in Tianjin late last week, serious questions are being raised: Why were ...

China Becomes Liability for Korean Stocks Dependent on Tourism
South Korean companies reliant on Chinese demand are turning from the stars of the stock market to the also-rans after the yuan's devaluation. Shares of AmorePacific Corp., a cosmetics company that counts China as its second-biggest market, had more ...

State media: China firm used connections for hazmat permit
Residents demanding compensation for damages to their homes after an explosion at the Tianjin port protest outside a hotel where media press conferences are held in northeastern China's Tianjin municipality on Wednesday, Aug. 19, 2015. The blasts ...

Tianjin Warehouse Operator Flouted Safety Rules Before Explosions
BEIJING—The company at the heart of the deadly blasts that engulfed a chemical warehouse in northeast China last week sought to dodge safety restrictions, state media said Wednesday. It also operated for months without proper licensing, something that ...

Why China will never be as rich as America
What would the esteemed Chinese Professor make of China's currency devaluation and plunging stock market? The fictional academic was the star of this fear-mongering viral ad — nearly 3 million YouTube views — made for the 2010 midterm elections by ...

Airbnb Seeks to Expand in China with Local Help
HONG KONG — For large Internet companies in the United States, the prevailing wisdom has long been that China is off limits. Beijing's concerns about being unable to control foreign sites, combined with regulations that require companies to censor and ...

China's Yuan Move Just a Passing Squall in Sino-U.S. Relations
China's sudden currency devaluation this month raised new questions about whether U.S. President Barack Obama would shift from maintaining a wary truce with his country's No. 2 trading partner to confronting it head-on. Sino-U.S. ties already were ...

Chinese authorities ban residents from opening windows during Victory Day parade
An apartment property manager told residents that the authorities had told the building the bans are for the sake of “your safety, and the safety of your families.” By Elizabeth Shim | Aug. 19, 2015 at 2:24 PM ...

China's Newest Make-or-Break Level for Stocks Is Shanghai 3500
An investor watches the electronic board at a stock exchange hall on Aug. 18, 2015 in Fuyang, China. Photograph: ChinaFotoPress via Getty Images. Don't Miss Out — Follow Bloomberg On. Facebook · Twitter · Instagram · YouTube. Sign up for email and ...

China-U.S. Agency Leeding Management Launched
Chinese star Jiang Wen, who recently joined the cast of “Star Wars” Rogue One” is among the first clients of Leeding Management, a new China-U.S. management firm established by David U. Lee's Leeding Media. Alongside founder Lee veteran producer ...

Airbnb wants to expand in China, with the help of local firms
HONG KONG — For large Internet companies in the United States, the prevailing wisdom has long been that China is off-limits. Beijing's concerns about being unable to control foreign sites, combined with regulations that require companies to censor and ...

S. Korea leader to attend China's celebrations of WWII end
SEOUL, South Korea — South Korean President Park Geun-hye will travel to China next month to attend a ceremony marking the anniversary of victory over Japan in World War II, her office said Thursday. China plans to hold a series of events to ...

China's New Media Moguls Dominate Asia Rich List
New media billionaires jostle with property tycoons at the top of a new list of Asia's most wealthy published by the Harun Report. Dalian Wanda founder, Wang Jianlin tops the list with an estimated fortune of RMB260 billion ($40.6 billion) and deposes ...

Beijing pollution awaits runners at worlds, just like '08
BEIJING — The drifting smoke from forest fires sometimes makes it difficult for marathoner Heather Lieberg to take a deep breath during her afternoon training runs in the hills of Montana. Even on days when the local advisory lists the air quality as ...

Sinosphere | Beijing Court to Hear Suit Over Texts Calling Homosexuality an ...
Sinosphere | Beijing Court to Hear Suit Over Texts Calling Homosexuality an ...

[Kavi Chongkittavorn] ASEAN, China look for new model to work together
For weeks, Chinese Foreign Minister Wang Yi has painstakingly explained his country's position on the South China Sea dispute and recent progress in drafting a code of conduct for the area with ASEAN. But the region was not paying attention as it was ...

China halts operations of 3 oil, gas facilities close to residences
SHANGHAI Aug 20 Three Chinese energy firms were told by local authorities in China to halt operations, after massive blasts at a warehouse in Tianjin last week raised public concerns that some facilities storing hazardous materials are too close to ...

China Woes Drive Hong Kong, Taiwan to Bear Market
Stocks in Hong Kong and Taiwan fell into bear-market territory Thursday, as the effects of China's volatility spills across its borders. Both Hong Kong's Hang Seng Index and Taiwan's Taiex fell 20% from their peaks in April earlier Thursday before ...

Beijing Picks the Winners in China Stocks
HONG KONG—Stock-market investors try to choose winners. China's government is minting them. Shareholders in Guangdong Meiyan Jixiang Hydropower Co. 600868 -10.02 % , a resource-investment company that lost money as recently as the six months ...

Japan cautions China against frequent yuan manipulation
TOKYO Japanese Finance Minister Taro Aso on Friday warned China against frequent manipulation of yuan rates, saying that Tokyo would face a tough decision on how to respond to any such interventions from Beijing. Aso urged China to continue shifting ...

Pentagon Says China Has Stepped Up Land Reclamation in South China Sea
WASHINGTON—A new Pentagon report says China's reclamation of landmass among a string of artificial islands in the South China Sea has grown dramatically in recent months, and that Beijing is aggressively patrolling the waters there to assert its ...

China expels brother of former senior official from Communist Party over graft
BEIJING The brother of a former top Chinese presidential aide has been expelled from the ruling Communist Party and public office, the government said on Friday, paving the way for his prosecution for violations such as accepting bribes. Ling Zhengce ...

Sharp China factory slowdown in August raises global growth fears
BEIJING Worries of a deepening China economic slowdown intensified on Friday after a private survey showed the factory sector shrank at its fastest rate in almost 6-1/2-years in August, hammering global stocks and commodity prices. The gloomy figure ...

Athletics World Championship Heads to the Bird's Nest in China
Athletes gather in Beijing for the 2015 IAAF World Championships, which will be held at the Bird's Nest stadium from Aug. 22 to Aug. 30. Aug. 21, 2015 3:22 a.m. ET 0 COMMENTS. fullscreen. Replay. Athletics World Championship Heads to China ...

China stocks crash 11% in a week
China's beleaguered stock market endured yet another sell off on Friday, shedding 4% to wipe away the remaining gains from a dramatic market rescue launched by Beijing in early July. The benchmark Shanghai Composite closed just north of 3,500 points, ...

More than 10 countries to join China's military parade
BEIJING (AP) — More than 10 countries including Russia will join China for a massive military parade through central Beijing next month commemorating the 70th anniversary of victory over Japan in World War II, Chinese officials said Friday. The parade ...


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