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China News 01/2016 (Page 2)



China's Wanda Close to Buying Legendary Entertainment
In the biggest deal for China's Hollywood ambitions. If China's richest man Wang Jianlin purchases a majority stake in the Hollywood production company Legendary Entertainment, as several news outlets have reported he will, it will mark Asia's biggest ...

China Lands Plane on Artificial Island in Disputed South China Sea
China has landed a plane for the first time on one of its new island runways in the disputed part of South China Sea. Vietnam said the plane landed on Jan. 2 and launched a formal diplomatic protest, while Philippines Foreign Ministry spokesman Charles ...

Big in China: What Wanda Would Get From Legendary Deal
Chinese conglomerate Dalian Wanda Group is close to striking a deal for U.S. production company Legendary Entertainment, The Wall Street Journal reports. Such a deal would illustrate China's ambitions to make moves that could appeal both to Chinese ...

8 Key Trends That Will Shape Doing Business in China in 2016
China changed a lot more than usual in 2015, and that bodes for a lot of change happening in 2016 as well. China's economy is slowing and President Xi Jinping has consolidated his power, and both of these things will drive big changes in 2016. The ...

We're back to a China capital flight doom scenario
china woman sand storm ReutersA woman covers her face against a sandstorm on a street in Tianjin municipality March 20, 2010. See Also. The Chinese Yuan Continues To Weaken — Here's What To Make Of It · What China Will Really Do With Its $3 ...

China intervention casts doubts on market reform drive
Beijing has unveiled a string of measures to soothe sentiment following Monday's stock crash, reviving memories of last year's aggressive stabilization program but fueling doubts over China's commitment to market reforms. On Tuesday, state-controlled ...

Shuttered up: As China slows, Hong Kong company closures hit record
HONG KONG Jan 6 A record number of Hong Kong firms shut up shop last year as China, the mainstay of the city's economy, trundled to its slowest economic growth in a quarter of a century and spending by mainland visitors dried up. Some 122,479 ...

China December data likely to reinforce concerns about 2016 outlook
BEIJING A raft of data releases from China in coming weeks is likely to show activity in the world's second-largest economy continuing to slow, adding to global concerns about the country's economic outlook for 2016. The data is likely to shape ...

​4 reasons why China's problems could harm US
Until recently, China was considered the economic dragon that was breathing fire into the world's markets. In 2016, that dragon may exhale more fumes than flames. American investors received a rude 2016 awakening when U.S. shares plunged on Monday ...

Stock futures fall on China worries, North Korea nuclear test
Traders work on the floor of the New York Stock Exchange January 5, 2016. REUTERS/Brendan McDermid. By Tanya Agrawal. (Reuters) - U.S. stock index futures were sharply lower on Wednesday as China allowed its currency to weaken further and oil ...

China again lands planes on disputed island in South China Sea: Xinhua
BEIJING China on Wednesday landed two test flights on an island it has built in the South China Sea, four days after it angered Vietnam with a landing on the same runway in the disputed territory, the Xinhua state news agency said. The two flights are ...

China Condemns N. Korea's Purported Hydrogen Bomb Test
January 06, 2016 8:41 AM. BEIJING—. North Korea's key diplomatic ally China has voiced firm opposition to what Pyongyang said was its first hydrogen bomb test Wednesday. Beijing said it will lodge a formal protest and has called on its northern ...

The one chart that may hold the truth about China
As China's stock market continues its roller-coaster ride into 2016, many market watchers are turning to an alternative measure to track what's going on in the world's second-largest economy. Rather than looking to stock prices or economic data ...

The `Hard-Landing School' Has It Wrong on China, Says Roach
Those concerns about China that have weakened the yuan and sent stocks tumbling? Overdone, says Stephen Roach. The Yale University senior fellow said the economy is in a transition and employment data showing strong urban job growth paint a more ...

China stocks plunge to a halt after just 14 minutes of trading
China's trading day was just getting underway Thursday for stockbroker Yang Xu when the markets lurched to a halt 13 minutes after their 9:30 a.m. opening. Shares on the Shanghai Composite index had skidded 5%, prompting China's new “circuit breaker” ...

China Boosted Bullion Holdings in December as Prices Retreated
China increased its gold hoard for the sixth straight month in December as prices extended their decline through the end of last year. The central bank boosted reserves to 56.66 million ounces or about 1,762 metric tons from 56.05 million ounces in ...

European Stocks Pummeled on China Woes as DAX Falls Below 10000
European stocks fell for the third time in four days, mirroring declines that shook global equities in August, as they extended the worst start to a year since 2000 amid a China-fueled selloff in mining and energy shares. European equities have tumbled ...

A Stock That Shouldn't Go Down the Drain with China
The early closing of the Chinese stock markets Thursday led investors to rush for the exit in the only market they could still dump Chinese shares—Hong Kong. But there is a risk of throwing the baby out with the bathwater. ZTE Corp. ZTCOY -2.05 ...

How to Bet on China When Trading Shuts Down
How can investors bet on China when all bets are off? That's the question many were asking just 30 minutes into trading Thursday, when China's mainland stock markets closed up shop for the day. A newly launched circuit-breaker system has shut down ...

China Panic Clashes With Outlook for Modest 2016 Growth Slowdown
The panic seen in Chinese financial markets this week, with a sliding yuan and stock trading suspensions, is increasingly out of whack with what economists anticipate will be another modest slowdown in the world's No. 2 economy. While stock sell-offs ...

Philippines Denounces China's Test Flights in Spratlys
January 07, 2016 8:53 AM. The Philippines on Thursday denounced China after a pair of Chinese civilian jet airliners landed on a newly created island in a disputed section of the South China Sea. On Wednesday, China landed two test flights on Fiery ...

Beijing's Residents Find Harmony in Hutongs
Traditional Chinese courtyard homes that line narrow alleyways, called hutongs, are increasingly popular among expat families and prosperous locals. Photo: Cherry Li for The Wall Street Journal. Transcript +. This transcript has been automatically ...

After North Korea's nuclear test, what is China ready to do?
China holds all the cards with North Korea. Relations between the two have soured since Kim Jong-un took power in 2012. By Stuart Leavenworth, Correspondent January 7, 2016. Save for later Saved. close. A Chinese paramilitary policeman stands guard ...

Finding Luxury in Beijing's Historic Hutong Homes
In Beijing, a city of more than 21 million people, some affluent residents are finding their own patch of peace and quiet in traditional courtyard homes. When Nikolaj Petersen and his wife, Irene Sim, moved to Beijing for Ms. Sim's job with the ...

ADB Head Optimistic China's Economy to Grow 6.7 Percent
MANILA, Philippines — The Asian Development Bank president said Friday he is optimistic China's economy will post healthy growth of 6.7 percent this year despite jitters over the yuan's depreciation and a plunge in Chinese stocks. ADB President ...

Hubei starts New Year with six days of fog and smog
Hubei Province in central China has been hit by severe conditions since the New Year, with the area receiving its sixth weather alert in seven days on January 7. The Meteorological Administration of Hubei have so far issued one yellow air quality smog ...

'It's Just a Mess': China Turmoil Leaves Traders Gasping for Air
HONG KONG—So much for a quiet start to New Year's trading. As traders at CLSA, a Hong Kong brokerage, gathered for their first morning meeting of 2016 at 7 a.m. Monday, they expected the calm that normally ushers in a New Year. Maybe China's stock ...

Golden Mao Statue in China, Nearly Finished, Is Brought Down by Criticism
ZHUSHIGANG, China — Days after photographs of a giant, golden statue of Mao spread across the Internet, drawing ridicule for its grandiosity amid the bare fields of Henan Province, the statue has been quickly torn down. Demolition teams arrived ...

JPM: Here's what China needs to stabilize
The Chinese government needs to encourage more institutional investing to stabilize its stock market, JPMorgan Chase's Jing Ulrich said Friday. "If you look at the market structure, it is very different from the U.S. market," the firm's vice chairman ...

Inside China's Smart Money This Week: January 4-8
Busy readers: here is what happened inside China's smart money for the week of January 4-8. Subscribe to China Money Network weekly newsletters to get the latest on China institutional investment news. Subscribe to China Money Podcast's Youtube ...


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