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China News 05/2017 (Page 3)



What Bubble? How China Stays In Control Of Its Wild Housing Market
If you have been following China for any significant amount of time you will likely have observed the drastic ebbs and flows that the country's housing market regularly endures. One day the market is on fire, with the prices of housing in some cities ...

China Finance Minister Leaves Japan For 'Emergency Meeting'
Friday, China's finance minister cancelled a meeting with his Japanese and South Korean counterparts on the sidelines of the Asian Development Bank's annual conference in Yokohama. Xiao Jie left Japan for China to attend what Reuters termed an ...

China's biggest social network just got the China treatment in Russia
For years, Chinese internet authorities have barred foreign tech companies from entering its market, or made it enormously difficult to operate, in the name of promoting “internet sovereignty.” Now it's on the receiving end. On May 5, Russia's internet ...

Macau proposes new ATM curbs to tackle Chinese capital flight
Macau is tightening restrictions on the use of ATM cards by mainland Chinese customers as the casino enclave confronts fears that it is being used as a hub for capital flight and money laundering. Sample the FT's top stories for a week. You select the ...

China's trade growth moderates in April
A cargo ship docks at the port of Qingdao, east China's Shandong Province, Jan. 20, 2014. (Xinhua). BEIJING, May 8 (Xinhua) -- Dragged down by declining commodity imports and weakness in external demand, China's foreign trade growth slowed in April, ...

China rebuffs United Nation's criticism of human rights lawyer Chen Jiangang's detention
Beijing: On Monday, China rejected criticism from the United Nations over the detention of a Chinese human rights lawyer, calling it an interference in the country's domestic affairs. Representational image. Reuters. The UN High Commissioner for Human ...

Lessons for China in failed US Silk Road initiative
The contrast between Beijing's and Washington's support for a revitalised Silk Road could not be clearer. This month's Belt and Road Forum for International Cooperation, a gathering of existing and potential stakeholders in China's trade development ...

China says ready to rename CPEC to allay Indian concerns
Beijing says it is open to renaming the China-Pakistan Economic Corridor (CPEC) to allay Indian concerns that the project recognises Pakistan's claims on territory which India claims as its own, reported India media. “Even we can think about renaming ...

China forces lawyer on 3000-kilometre road trip, raising new questions about justice
For anyone with the time and inclination, the 3,000 kilometres of roads to Beijing from Guanping, a village deep in the verdant mountains of southwest China next to Myanmar, make for a stunning expedition. A tour guide might talk up the highlands of ...

China holds key to North Korea's nukes
North Korea is among the most isolated and sanctioned countries on the planet. And yet it still somehow has enough cash to develop a nuclear weapons arsenal capable of threatening much of the eastern Pacific and, some day, the United States. The reason ...

Shanghai leader says city can't advance without reform and innovation | Reuters
SHANGHAI China's commercial capital of Shanghai has reached the point where it needs to boost reform and innovation or risk stunting economic development, its top official warned on Monday.In an address at the start of Shanghai's municipal party ...

Runaway Indian wrestling blockbuster Dangal storms into second spot behind Guardians of the Galaxy Vol 2
They might have set out to save the universe and conquer the planet, but The Guardians of the Galaxy Vol 2. didn't have everything their own way this week. The Marvel blockbuster topped the charts in both China (current tally: US$51.3 million) and ...

11 children, several South Korean, die in bus crash in China
Eleven young children - five South Korean and six Chinese - were killed along with their driver when their bus crashed and burst in to flames in a tunnel in China's eastern Shandong province on Tuesday, the local government said. This photo taken on ...

China's Newest Propaganda Format: Children's Bedtime Stories
So for parents struggling to get their little ones to rest their eyes for the night, China's state propaganda apparatus has a suggestion: Tell your child about President Xi Jinping's ambitions to extend China's political and economic power across Asia ...

China Rights Lawyer Recants Torture Allegations in High Profile Case
In a surprising reversal, Chinese human rights lawyer Xie Yang has recanted allegations that he was tortured while in custody and pleaded guilty to charges of subverting state power and disrupting court order. Xie has worked on some of China's most ...

China's Xi vows to defend climate pact in call with Macron
Disappearing sea ice comes as the planet marks three years in a row of record-breaking heat, raising new concerns about the accelerating pace of global warming. - AFP/file. Beijing (AFP) - Chinese President Xi Jinping pledged to protect the Paris ...

Japan And India To Build Military Ties With Eye On China: Foreign Media
Indian Defense Minister Arun Jaitley agreed in Tokyo on Monday to increase military cooperation with Japan, which could potentially complicate U.S. policy in the region. Jaitley, who doubles as India's finance minister, told Tomomi Inada, his Japanese ...

China is about to hold a giant meeting on spending billions to reshape the world
China has rapidly climbed the ranks to become the world's second-largest economy. Now, the most populous nation on the planet wants to increase its influence by digging further into its pockets — flush with cash after decades of rapid growth — to ...

China releases 2 prominent rights lawyers after 22 months
China has released two prominent human rights lawyers detained nearly two years ago, after they allegedly confessed in court to collaborating with foreign organizations and media to smear and subvert Communist Party rule. The two men's release narrows ...

Japanese gov't seeks cooperation with S. Korea's new president: PM
TOKYO, May 10 (Xinhua) -- Japanese Prime Minister Shinzo Abe on Wednesday said he hopes to cooperate with South Korea's new president Moon Jae-in in dealing with issues pertaining to tension on the Korean Peninsula. Abe made the remarks during a ...

China says it successfully tests new type of missile
China's defense ministry said Wednesday that the military successfully test-fired a new type of missile into waters near the Korean Peninsula, an announcement that comes amid Chinese anger over the deployment in South Korea of a sophisticated U.S. ...

Disney Shanghai to welcome ten millionth visitor
SHANGHAI, May 10 (Xinhua) -- The Walt Disney Company on Wednesday announced that the Shanghai Disney Resort would soon welcome its 10 millionth visitor, following positive second fiscal quarter earnings. "[Visitor numbers are] outpacing our most ...

Opinion: what Macron's victory in French presidential election means for China
His victory last Sunday has shaken the traditional foundations of the French political party system, organised around a left-right divide: the mainstream right-wing and left-wing parties were eliminated at the first round of the election and Macron has ...

North Korea expected to ask China for a break at summit
North Korea is expected to press China to tone down its economic sanctions when its delegation attends an infrastructure and trade summit in Beijing on Sunday, observers said. Talks between North Korean and Chinese officials on the sidelines of the ...

China's 'outstanding' former top diplomat Qian Qichen dies, aged 89
China's former foreign minister and vice-premier Qian Qichen, who played a critical role in handling Hong Kong and Macau's return to Chinese sovereignty and Beijing's efforts to normalise relations with the West after 1989, died in Beijing in Tuesday ...

'Silk Road' plan stirs unease over China's strategic goals
FILE - In this April 20, 2015 file photo, municipality workers walk past a billboard showing pictures of Chinese President Xi Jinping, center, with Pakistan's President Mamnoon Hussain, left, and Prime Minister Nawaz Sharif on display during a two-day ...

'Beijing must take India's growth seriously', says China's state media
NEW DELHI: China's state-controlled press, which usually disparages India's growth story, today published an article saying Beijing can't afford to get too complacent, especially if "India copies China", because the South Asian nation will then "gain ...

Ambition to meet reality as China gathers world for Silk Road summit next week
Leaders of 28 nations will assemble in Beijing next week for a summit to map out China's ambitious new Silk Road project. China has earmarked $40 billion for a special fund for the scheme. Reuters | Posted by Ankit Misra. [email protected] Beijing ...

4 tons of garbage collected in China's Everest cleanup
In this Monday, May 8, 2017 photo released by Xinhua News Agency, people collect garbage at the north slope of the Mount Qomolangma in southwest China's Tibet Autonomous Region. Workers and volunteers collected four tons of garbage from the ...

China takes aim at the moon with long-term cabin trial
China is taking another step in its space exploration programme, starting a trial scenario for a permanent moon station. Science students have moved into a cabin to simulate life in a lunar-like environment for up to 200 days. The goal is to prepare ...


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