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China News 05/2016 (Page 2)



PBOC Opens Taps to China Policy Banks in Bid to Sharpen Stimulus
China's central bank is turning on the credit taps to its policy banks as it seeks to support the economy by channeling credit to designated areas of the government's choosing. The Pledged Supplementary Lending program used to fund its three policy ...

What everyone needs to know about China's debt load
His new book, published last month, is a wide-ranging and authoritative primer on the history and development of China's unique blend of decentralized economic authoritarianism. It's an idiosyncratic system, developed in defiance of the advice of ...

China will not manipulate currency for trade advantage
BEIJING, May 4 (Xinhua) -- China will not try to devalue the yuan to seek a trade surplus as market-determined RMB rates and balanced international trade are in the country's interest. The U.S. Department of the Treasury last week included China on its ...

China deploys folk singer to disputed Spratly Islands
Her career has taken her round the world but popular Chinese folk singer Song Zuying's latest tour has taken her to new destinations - very new. The military chanteuse entertained workers on Fiery Cross Reef in the Spratlys in the South China Sea. It ...

China's Communist Party Disciplines Outspoken Property Tycoon
May 04, 2016 7:46 AM. The Chinese Communist Party has put an outspoken tycoon on one year of probation after he publicly criticized President Xi Jinping's media policies in February — a decision that, analysts say, aims to create a chilling effect on ...

China sends advanced warships to contested S China Sea for drills
China is sending some of its most advanced naval assets to the South China Sea for a scheduled exercise this month. Those include a new guided missile destroyer. The exercise will be focusing on anti-missile warfare and other tasks, Xinhua news agency ...

Asian shares were mixed as China services data moderates, dollar strengthens
Asian markets likely got a fillip from higher oil prices, closing mostly higher Thursday after wavering throughout the trading session. The gains followed uncertain trade in the wake of a reading on China's economy showing growth in the services sector ...

Shanghai residents refuse to budge from their dilapidated homes
In a corner of Shanghai, surrounded by a cement wall, lies one of the world's most valuable fields of debris and garbage. The Guangfuli neighbourhood is a real estate investor's dream: A plot in the middle of one of the world's most expensive and fast ...

Beijing tightens hospital oversight following man's death
In this Wednesday, May 4, 2016 photo, a man carries a child past the gate with the words "Second Hospital of Beijing Armed Police Corps" in Beijing, China. Chinese media reports said the Second Hospital of the Beijing Armed Police Corps had outsourced ...

Meet China's RoboCop: the robot police officer who doesn't tire – or second-guess commands
China is developing a robotic security officer that can sniff out bombs, grab suspects with a mechanical clamp and deliver a jolt of electricity to neutralise threats. The military researchers behind the project say it will start patrolling public ...

US billionaire: China wants the American dream
China and America may butt heads often on a litany of issues but the aspirations of people in both countries are pretty much the same. That's how American billionaire Stephen Schwarzman sees it. After all, he says, President Xi Jinping's first speech ...

Abe's accusation of China's "militarization" in South China Sea does not hold water
Photo taken on April 5, 2016 shows the lighthouse on Zhubi Reef of Nansha Islands in the South China Sea, south China. (Xinhua/Xing Guangli). by Xinhua Writer Zhu Junqing. BEIJING, May 5 (Xinhua) -- As an outsider in the South China Sea issue, Japan ...

Xi says China will boost cooperation with foreign groups
BEIJING President Xi Jinping told Walt Disney Co (DIS.N) Chief Executive Bob Iger on Thursday China would encourage more cooperation with foreign companies and organizations, amid persistent U.S.-China commercial tensions. Trade friction is an issue ...

Student's death heightens concerns
Both online and in bricks-and-mortar facilities, the medical sector of China is plagued with a list of problems. THE controversy over the death of a 21-year-old student is taking Chinese cyberspace by storm this week. Wei Zexi, who suffered from a rare ...

China's Shares Slump Most in Two Months as Commodity Prices Sink
Chinese stocks fell the most in two months as tumbling commodity prices weighed on raw-material producers and concern grew that a pickup in economic indicators is faltering. The Shanghai Composite Index slid 2.8 percent at the close, erasing gains for ...

Half of Americans still see China's rise as threat, survey suggests
A file picture of the United States' and China's flags flying in Washington during a trip to the US capital by President Xi Jinping. Photo: Reuters. Ben Westcott. Share. 24. PrintEmail. More on this story. <p>Bilahari Kausikan says while war between ...

LA's Getty museum recreates China's Cave Temples of Dunhuang
This Wednesday, May 4, 2016, photo shows a full-scale, hand-painted replica of Cave 275 of China's Cave Temples of Dunhuang on display at the J. Paul Getty Museum in Los Angeles. The exhibit "Cave Temples of Dunhuang: Buddhist Art on the Silk Road" ...

Defence ties with Singapore makes sense amid China uncertainty, experts say
Defence experts have welcomed plans for a dramatic boost to the number of Singaporean soldiers training in Australia as a natural deepening of the relationship in the face of growing uncertainty in Asia. Prime Minister Malcolm Turnbull announced on ...

China tightens oversight of bank bill business after fraud
BEIJING China has told banks to step up checks on their bill financing businesses to curb risks, after the sector was hit by several cases of bill fraud costing many millions of dollars. Chinese officials have warned against systemic risks as banks ...

China sends more anti-graft inspectors into military
China's military has significant business interests in sectors ranging from property and logistics to telecommunications and healthcare, which have become a hotbed for corruption. — AFP. BEIJING: China has sent a new wave of inspectors into its ...

China absent from N. Korea party congress
BEIJING: Delegates from China were absent from North Korea's once-in-a-generation party congress, Chinese media said Friday, in a potential sign of fraying ties between Pyongyang and its most important ally. Beijing is a key supporter of the hermit ...

Hundreds protest restart of China-backed copper mine in Myanmar
Hundreds of villagers in Myanmar protested against the resumption of operations at a Chinese-backed copper mine. Photo: Facebook. Reuters. Share. PrintEmail. Hundreds of villagers in Myanmar protested on Friday against the resumption of operations at a ...

China sees bilateral deal with new PH President
CHINA is looking forward to a bilateral settlement of the dispute in the South China Sea with the new Philippine President, its envoy said on Thursday. Ambassador Zhao Jinhua expressed the hope that the new Philippine leader would be willing to sit ...

Tim Cook to visit China for government meetings
Apple Inc Chief Executive Tim Cook plans to visit Beijing later this month to meet high-level government officials, at a time when it is facing some setbacks in its most important overseas market, a source familiar with the matter said. Cook has ...

China defeat Australia in Internationl Basketball Challenge opener
The Chinese national basketball team win the opener of the three-stop Sino-Australian Men's International Basketball series 57-49 on May 6, 2016. (Xinhua). NANNING, May 6 (Xinhua) -- The Chinese national basketball team won the opener of the three-stop ...

China, Italy eye strengthened cooperation in wide-ranging sectors
The picture taken on May 30, 2013 shows the Colosseum in Rome, Italy. Rome has been listed as the most visited Italian city in the first six months of the year according to the index by Hotels.com, followed by Venice, Milan, Florence and Sorrento ...

35 tons of dead fish appear in lake in China
(CNN) At least 35 tons of dead fish appeared in a lake in southern China, leaving residents stunned. The piles of fish washed up in a lake in Hainan province on Wednesday, Chinese state media reported. Residents expressed concerns on pollution, but ...

China envoy to visit Djibouti, site of 1st overseas base
Chinese President Xi Jinping is sending a special envoy to visit the Horn of Africa nation of Djibouti, where China is establishing a naval logistics center that is widely seen as the first overseas base for its increasingly powerful military. Deputy ...

Made by China: the UK is on the frontline of the next industrial revolution
François Xavier d'Entrecolles was a French Jesuit priest who proselytised in China at the beginning of the 18th century. By all accounts he was a devout and pious man. He was also one of history's first industrial spies. With technical knowledge learnt ...

31 missing from three fishing boats off east China
BEIJING, May 7 (Xinhua) -- A total of 31 people were reported missing Saturday after two fishing boats capsized and one lost contact off east China coast, local authorities said. A fishing boat from east China's Shandong Province sunk in the East China ...


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