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China News 02/2016 (Page 4)



China's coming crash could dwarf the great recession—says an investor who called 2008
China is heading for further financial chaos. In the near future the yuan could lose a third of its value against the dollar, the government would need to print more than $10 trillion to keep banks liquid, and financial institutions are set lose ...

Probe Targeting China's Statistic Head Sparks Concern
February 11, 2016 7:03 AM. BEIJING—. For years, world governments and multinational companies have fretted over the quality of China's economic statistics. The recent launching of a Communist Party investigation into Wang Baoan, head of the National ...

Spate of Arrests in China's Zhejiang Province
February 11, 2016 6:33 AM. HONG KONG—. A senior pastor at a church in Hangzhou, China has been replaced and put under investigation for embezzlement, adding to fears of a growing crackdown on Christianity. Observers are speculating the ...

China Warns on South China Sea as US, India Consider Patrols
February 11, 2016 7:43 AM. BEIJING—. China on Thursday responded to a Reuters report that the U.S. and India are discussing joint naval patrols in the disputed South China Sea, warning that interference from countries outside the region threatens ...

Let's dispense with the fiction that China will solve the North Korea problem
Pop quiz: Which presidential candidate said the following about how to address North Korea's bellicose behavior? And, our goal there, in my view, is to work and lean strongly on China to put as much pressure. China is one of the few major countries in ...

Chinese New Year Not So Happy For China's Growing Number Of Unpaid Workers
GettyImages-507855438 Workers sort parts at an electronics company in Tengzhou, in China's eastern Shandong province, Feb. 1, 2016. Photo: STR/AFP/Getty Images. SHANGHAI—On a side street in China's biggest city, a group of workers in white T-shirts ...

Still China's Century?
It is the early years of the new century, and while until recently talk has been about booming growth in the upstart country across the ocean, risks have begun to appear. Is now the moment to invest in this emerging economy or is it best to wait? No ...

Will Australia Feel the Economic Chill From China's Slowdown?
February 12, 2016 1:26 AM. SYDNEY—. China's growth rate has slipped to its lowest level in 25 years and there are growing concerns in countries that have relied on its booming economy. Analysts fear that Australia, which has prospered from exports of ...

Early Look: China's Foreign Trade Likely Remained Soft in January; Surplus Widened
The headwinds that China's foreign trade has faced for months — sluggish domestic and global demand — likely persisted in January. That means, the trade surplus, the difference between outbound and inbound shipments, probably increased again in ...

In China, Fraud Adds to Bank-Stock Volatility
Stock markets around the world are pounding bank stocks on concern their basic business is under threat. There's an added concern about banks in China: how the stock-market falls may be exposing fraud in their operations. Bank stocks are under pressure ...

China's Roaring February Box Office Is Double North America's
It was a headline-worthy occurrence last year when China's February movie box office total of 4 billion RMB (US$650 million) exceeded that of the U.S., the first time in history that China—or any other territory—out-grossed America over the course of ...

Philippines considers two-way sea talks with China - if wins case at The Hague
MANILA The Philippines may consider two-way talks with China to resolve a territorial dispute in the South China Sea but only if it wins its case with Beijing at an arbitration tribunal in The Hague, Manila's foreign minister said on Friday. China ...

Arrest of China's Largest Megachurch Pastor 'Will Shake the Spirit' of Christian Leaders, Says China Aid Founder
Believers take part in a weekend mass at an underground Catholic church in Tianjin November 10, 2013. China Aid, a Christian human rights organization based in the U.S., believes that Pastor Gu Yuese of Hangzhou's Chongyi Church, the largest ...

That time China censored an art summit — in another country
"Last Words." That's the name of the art exhibit that Beijing does not want you to see. The piece consists of five small frames containing copies of handwritten letters — the final writings of five of the more than 140 Tibetans who've died by burning ...

China's New Tech Economy Could Offset Slowdown: Kai-Fu Lee
Chinese New Year is going on but Kai-Fu Lee isn't celebrating much, at least not in China. He's been in New York City this week making the rounds with his message that China's new tech economy is far from reaching a plateau. In fact, he's contending ...

China's In Trouble, But Bass Is A Fish Out Of Water
There's been a lot of noise about China's FX reserves reaching or going below $2.7 trillion. This is the minimum amount of cash they need to run their economy. The country has been bleeding money as foreign investors and nationals exit stage left, to ...

Why the U.S. Supreme Court Ruling Will Not Derail Climate Action in China
Beijing.jpg The U.S. Supreme Court's decision to temporarily halt implementation of President Obama's Clean Power Plan until the courts reach a final decision on the legal merits has raised concerns in other countries about the ability of the U.S. to ...

White House to Cruz: We'll veto your China bill
The Obama administration has a message for Ted Cruz: Thanks for lifting your holds on our State Department nominees, but we won't be insulting the Chinese to show our gratitude. The Texas senator, a leading GOP presidential candidate and critic of ...

Global stock swings not caused by China factors: analysts
BEIJING, Feb. 13 (Xinhua) -- Analysts said prolonged low interest rates in the West and weak crude oil prices, rather than concerns over the Chinese economy, were the main cause of stock market fluctuations across the globe this week. Despite a rebound ...

China's Exodus of Capital
Over the last year and a half, individuals and companies have moved about $1 trillion out of China, as investors have begun to lose faith in the economy and sought better returns elsewhere. Those outflows have been partly offset by money coming in from ...

USA warship sailed in waters off island claimed by China
For its part, the USA does neither recognize a Chinese right of prior notification for the innocent passage of a warship through its territorial waters nor the straight baseline China claims over the Paracels. "No claimants were notified prior to the ...

Beijing Is Kidnapping Critics and Spiriting Them Back to China
02_13_Kidnap_Critics Members from the pro-democracy Civic Party carry a portrait of Gui Minhai, left, and Lee Bo during a protest outside the Chinese Liaison Office in Hong Kong, China January 19. Gui's tearful confession on state television to a hit ...

Berlin: China Warms Up to Indie Titles With New Theater Network
An emerging niche market for mid-budget releases could be a game-changer for independent producers hoping to get a slice of the Chinese movie boom. China's booming box office — the country is on pace to pass North America to become the world's ...

Home on the Range, Chinese Style
It's a small step in the right direction, driven more by necessity than enlightened policy. That's the view from economists on China's move this year to put forward a range for its economic growth target rather than a single number. The head of the ...

Holiday consumption robust amid China's consumer-led growth
TONGREN, Feb. 12, 2016 (Xinhua) -- People perform dragon dance celebrating Chinese Lunar New Year in Yinjiang County, Tongren City, southwest China's Guizhou Province, Feb. 11, 2016. (Xinhua/Chen Xiaolan). BEIJING, Feb. 14 (Xinhua) -- Booming ...

Valentine meets first workday amid traffic chaos
BEIJING, Feb. 14 (Xinhua) -- Valentine's Day of 2016 is destined to be special for many Chinese still on icy roads returning to work from their hometowns hundreds of miles away. Valentine's Day this year coincides with the first day back to work after ...

Qiu Xiao Jun's Big Win Draws 200 Million TV Viewers in China
In another massive show of support for boxing in China, 200 million fans watched the television coverage from the Olympic Park Arena in Lou Zhou, China as "The Dragon" Qiu Xiao Jun defeated Ghana's WBA Pan Pacific champion Raymond "Chorkor ...

US-ASEAN Summit: As China Builds Islands, US Builds Alliances - Experts
Chinese dredging vessels are purportedly seen in the waters around Mischief Reef (above) in the disputed Spratly Islands in the South China Sea. US President Barrack Obama is expected to to seek a consensus on the necessity of preserving freedom of ...

Love hotels thrive in China
Love hotels have been popular in Japan for decades. And Chinese entrepreneurs have spotted an opportunity in the country's changing sexual attitudes. Love hotels can now be seen in many big cities across China. At 9 a.m. on the fifth day of the Spring ...

China Stock Bargains Even More Elusive After Selloff Goes Global
With the country's markets closed for lunar new year holidays last week, global equity investors found plenty of other reasons to sell -- everything from sliding oil prices to shrinking bank profits and crumbling faith in global monetary policy. The ...


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