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From China to Gozo with baggage
From Jamaica to Bangladesh, from Guyana to Malaysia, China Communication Construction Company has left a trail of controversy, facing allegations of bribery, collusion and lack of ...
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China weighs choices on pacific trade pacts experts
Some leading political economists have lauded China's renewed interest in the controversial Trans- Pacific Partnership (TPP), telling Xinhua that China would enjoy more leverage on the tenor of negotiations "from the inside."While the US has touted the TPP as a new kind of trade pact beyond the traditional areas of free trade agreements (FTA) - covering regulatory consistency ...
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Chinas key money rate closes at multi-year high trading extended
* Trading extended for 30 minutes to let banks borrow money * Banks scale back non-essential business, such as arbitrage * Benchmark 7-day repo rate jumps to highest since Oct 2007 * Traders only expected mild PBOC cash injection in near term * But liquidity should improve in medium term (Add trading time prolonged, other details) By Lu Jianxin and Gabriel Wildau SHANGHAI, June 19 (Reuters) - ...
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Over 8200 arrested in China for food safety crimes
More than 8,200 suspects have been captured since a campaign to crack down on crime was launched on January 25, the Ministry of Public Security said Wednesday. The ministry said police uncovered more than 4,500 cases involving food safety offenses and closed about 6,300 workshops and markets that produced or sold illegal food products. Police confiscated more than 150,000 illegal products, ...
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Mexican food exports to China to reach $1b minister
Mexico would export food valued at least $1 billion to China over the next 12 to 18 months, Agriculture Minister Enrique Martinez said Tuesday.Martinez spoke of his recent visit to China at a press conference, with motives to follow the agreements signed during Chinese President Xi Jinping's visit to Mexico earlier this month.Martinez said it was difficult to specify the numbers and targets ...
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JDI CPT Innolux see increased orders for large-size panels from smartphone vendors say Taiwan makers
Japan Display (JDI), Chunghwa Picture Tubes (CPT) and Innolux are supplying 4.7-inch panels for China-based smartphone vendor Huawei Device, 5.8-inch panels for Samsung Electronics and 6.1-inch panels for Huawei respectively, with ordered volumes larger than originally expected due to booming sales, according to Taiwan-based supply chain ...
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Emerging solar market growth dominates Solar Taiwan 2013 forum
At Solar Taiwan 2013, the host, the Photonic Industry and Technology Development Association (PIDA), has invited solar firms such as SunEdison, Gintech, GCL-Poly, MEMC, and Motech to discuss opportunities in emerging solar markets and high conversion efficiency ...
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Samsung sales of midrange large-size smartphones to affect China-based brands
Samsung Electronics' launch of large-sized Galaxy Mega family smartphones for the US$400-600 segment will affect sales of comparable models launched by China-based branded vendors including Huawei, ZTE, Lenovo and Coolpad, according to industry ...
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Heat wave hits pandas in C China
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Chinas attitude on DPRK consistent
/enpproperty--> The Foreign Ministry on June 18 said Beijing hasn't changed its attitude toward Pyongyang. The comment came in response to US President Barack Obama's statement that China was taking a tougher line against the Democratic People's Republic of Korea's nuclear program. "China's position on the Korean peninsula nuclear issue is consistent and ...
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Jim Rogers joins FAB...upbeat on Chinas digital culture
media giant announced recently. "With Mr. Rogers' position and experience in the international financial community, the company can have easier access to international capital markets, and...realize a huge potential value in the near future," said Zhang Hongcheng, chairman of FAB Universal that signed the director agreement on Monday. FAB Universal, a worldwide distributor of ...
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Hairy leg anti-pervert stockings go viral in China
Source: Shina Weibo It goes against what most women opt to do with their legs in the summer, but some in China are hoping it will fend off oglers. This photograph of a girl wearing stockings designed to look like a hairy man's legs has gone viral across the Asian superpower. It seems the concept is to stop unwanted male attention when wearing short skirts in the summer. The image was ...
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10 Chinese dream jobs
Research firm Universum surveys university students in China each year to see where they most want to work. These are the top 10 dream employers for humanities, liberal arts and education ...
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N. Korea Beijings problem child
Pyongyang reacted angrily to tougher sanctions after its third nuclear test Chinese trade with North Korea has been a lifeline for the isolated regime But Beijing has struggled to control the angry rhetoric from its neighbor Expert: China fears a North Korean collapse would spark a refugee ...
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North Korea China look to resolve crisis
North Korea swings between provocation and negotiation Analysts say North Korean diplomacy follows a familiar pattern The U.S. insists de-nuclearization is a pre-condition of talks Analysts say North Korea's behavior is now an embarrassment to ...
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Hang Seng Shanghai end lower
(1 hr 3 mins ago) Hong Kong stocks finished 1.13 percent lower on Wednesday, hit by reports that property tax trials will be launched in China this year in a bid to cap soaring prices. The benchmark Hang Seng Index ended down 238.99 points at 20,986.89 on turnover of HK$61.88 billion, AFP reports. Chinese stocks closed down 0.73 percent. The benchmark Shanghai Composite Index fell 15.84 ...
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Activists target China dog meat festival
A FESTIVAL dedicated to dog meat in southern China has been targeted by protesting animal lovers, who have won a minor concession from local officials, an activist ...
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AUDUSD Trading the Chinese Flash Manufacturing PMI
Chinese Flash Manufacturing PMI (Purchasing Managers' Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in China. A reading which is higher than the market forecast is bullish for the Australian ...
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China firm forays into British yacht hotel markets
A sunset over Tower bridge in London on June 19, 2012. Chinese conglomerate Wanda Group will invest nearly $1.6 billion to acquire a British yacht maker and build London's tallest residential towers, state media reported ...
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China executes official for child rapes after online uproar
BEIJING (Reuters) - Authorities in central China executed a former Communist Party official for raping 11 underage girls, state media said on Wednesday, following an online uproar about the latest case of abuse of ...
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Philippines sends fresh troops to disputed shoal guarded by Chinese ships in new standoff
MANILA, Philippines - The Philippines has deployed a fresh batch of marines and supplies to a shoal in the disputed South China Sea, where a Chinese warship and surveillance vessels appeared last month and triggered a new standoff in the strategic waters, the Philippine defence secretary said Wednesday. The new contingent of Filipino marines replaced troops at the Second Thomas Shoal, where the ...
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Shanghai shares hit 6-mth low as easing hopes dashed Hong Kong suffers too
Wed Jun 19, 2013 4:53am EDT * Indexes: HSI -1.1 pct, H-shares -1.5 pct, CSI300 -0.7 pct * Reported IPO resumption, property tax expansion hit A-shares * Defensives slide in HK as investors await Fed outcome * Mengniu spikes after $1.6 bln Yashili takeover offer By Clement Tan HONG KONG, June 19 (Reuters) - Shanghai shares closed at their lowest since mid-December, exerting pressure on Hong Kong ...
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UPDATE 2-GM revs up plans for Cadillac in China luxury market
Wed Jun 19, 2013 4:49am EDT * GM plans to beef up retail network for Cadillac cars * Cadillac stores to total 200 by end of 2013 * GM breaks ground for a Cadillac plant in Shanghai SHANGHAI, June 19 (Reuters) - General Motors Co's strategy to make its 110-year-old Cadillac brand one of China's top-selling luxury rides went up a gear on Wednesday as the U.S. automaker unveiled plans to ...
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US auto giant GM plans to invest $11 bn in China
SHANGHAI (AFP) - General Motors will invest $11 billion in China through 2016, executives said Wednesday, as the US car giant broke ground on a plant to produce luxury Cadillacs for the world's biggest auto market.The figure includes four new plants, including the $1.3 billion Cadillac factory in Shanghai, GM officials told a media briefing."China is a critical market for General ...
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Super heat wave hits many parts of China
A sanitationman drinks water in Xiangyang City, central China's Hubei Province, June 18, 2013. The highest temperature in many parts of China reached 37 degrees centigrade Wednesday. Photo: ...
China Digest
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Chinese shipping industry is not the only one causing environmental incidents
The recent highly publicized grounding of a Chinese bulk carrier on the Great Barrier Reef in Australia attracted the scrutiny of the world on the Chinese shipping industry with some commentators saying that the accident was indicative of a dysfunctional health and safety record throughout the industry in China.
China’s shipping industry is primarily made up of the state-owned and run COSCO (China Ocean Shipping Company), and it is this company to whom the Shen Neng 1 belongs. The Shen Neng 1 is not the only COSCO ship to be involved in a notable maritime accident. Read more
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