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China News 02/2016 (Page 5)



China's Stocks Decline as Markets Reopen After Week-Long Holiday
China's stocks fell as trading resumed after a week-long holiday, while shares of the nation's companies rallied in Hong Kong. The yuan surged the most since at least 2005. The Shanghai Composite Index dropped 0.6 percent to 2,746.20 at the close, as ...

China Moves 10 Chemical Plants After Explosion Review
BEIJING — Authorities in the Chinese city of Tianjin are moving 10 chemical plants found to be too close to residential areas, six months after a devastating chemical accident killed 173 people. The Tianjin Binhai New Area suffered one of China's ...

Yunnan: 9 things to do in China's wild subtropical wonderland
Yunnan, China (CNN) If there's a downside to visiting Yunnan, it's that one trip simply isn't going to be enough. China's southwestern province is its most ethnically diverse. It's home to 25 of the country's 56 recognized ethnic groups. And each has a ...

U.S. Concerned by China Using Non-Navy Boats in South China Sea
China's increased reliance on non-naval ships to assert its claims in the South China Sea is complicating U.S. efforts to avoid a clash in the disputed waters, according to 7th Fleet commander Vice Admiral Joseph Aucoin. While the U.S. and Chinese ...

China Trade Figures Tumble by Double Digits in January
February 15, 2016 5:44 AM. The Chinese economy may face an uphill battle to achieve its government-earmarked range of 6.5-7 percent growth this year after exports and imports both performed worse-than-expected in January, analysts say. Despite the ...

As US pressure mounts, China talks up prospect of N. Korea sanctions that 'bite'
BEIJING — The threat of an American missile defense system being stationed in South Korea appears to have concentrated minds in Beijing on how to punish Pyongyang. China now seems ready to support limited United Nations sanctions against North ...

China Box Office Breaks World Record With $548M in One Week
The record seven-day haul is more than the Chinese box office generated for the entire year a decade ago. China's movie box office just smashed the world's seven-day sales record for a single territory, racking up an astonishing $548 million in ticket ...

China's Military Sets up Anti-Corruption Hotline
February 15, 2016 6:58 AM. BEIJING—. China has set up a hotline for people to report accusations of graft and discipline problems in its military, the Defense Ministry said on Monday, in the latest effort to combat widespread corruption in the ranks ...

Groundless, unfair to blame China for hardship
BEIJING, Feb. 15 (Xinhua) -- It is groundless and unfair to blame China for the global slowdown and market volatility, and naysayers' misjudgments highlight their ignorance on the world's second-largest economy. Billionaire investor George Soros ...

Stocks rally 3%, Draghi 'ready to act' on euro area
European markets traded sharply higher on Monday, on remarks made by the European Central Bank Chief Mario Draghi and a recovery in banks and commodities. The pan-European STOXX 600 ended the day closing provisionally up 3.1 percent, with ...

China to migrant workers: Take your kids with you
Chaohu, China (CNN) Facing a rising crisis of children's welfare in its vast and poor rural areas, China has issued a set of guidelines aimed at protecting children left behind by parents who work away from home to make more money. The government's ...

Macau Needs Makeover To Capture China's Middle Class
Nearly everyone agrees Macau must refocus from high end players to the emerging middle class in China and the rest of Asia. The opening of Melco Crown's Studio City in October trumpeted the new paradigm in Macau, yet many question whether Macau's ...

China's State Organs Pledge Support for Capacity Cuts, Less Debt
China's main government organs have pledged to tackle overcapacity and reduce financing costs and the debt burden of companies as officials seek to underpin growth in the world's second-largest economy. Authorities will use multiple liquidity ...

UPDATE 1-China raps Australia foreign minister ahead of Beijing trip
(Recasts, updates throughout, previous TOKYO). By Ben Blanchard and Tim Kelly. BEIJING/TOKYO Feb 16 China rapped Australian Foreign Minister Julie Bishop on Tuesday ahead of her visit to Beijing after she said Australia recognised the Philippines' ...

UPDATE 1-Apple Pay to go live in China on Feb 18
... * China will become Apple Pay's 5th market. * System to face stiff competition from Alibaba, Tencent. * Apple Pay still seeking traction in some countries (Adds Apple response, industry context). By Shu Zhang and Paul Carsten. BEIJING, Feb 16 Apple ...

China Turns on Taps and Loosens Screws in Bid to Support Growth
China is stepping up support for the economy by ramping up spending and considering new measures to boost bank lending. The nation's chief planning agency is making more money available to local governments to fund new infrastructure projects, ...

UN Calls on China to Release Detained Activists, Lawyers
February 16, 2016 11:17 AM. The United Nations human rights chief Zeid Ra'ad al-Hussein called on China Tuesday to immediately and unconditionally release detained lawyers and activists. Since last July, China has detained about 250 "human rights ...


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