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REPEAT-GLOBAL MARKETS-Asian stocks tumble on weak China PMI Fed policy plan
Wed Jun 19, 2013 11:03pm EDT * MSCI Asia ex-Japan slides 2.8 pct to 9-month low * U.S. Treasury yields hit 15-mth high, underpin dollar * China "flash" PMI hit 9-month lows * Asian credit market spreads widen 23 points By Chikako Mogi TOKYO, June 20 (Reuters) - Asian shares tumbled to nine-month lows on Thursday as slowing Chinese manufacturing activity exacerbated sentiment already ...
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Chinese Character Goat Sheep
In Chinese, the same character ? (yng) is used to refer to both the sheep and the goat. The character is a pictogram that depicts the head of the animal, with its two horns at the top as a dominant feature. The horizontal stroke below the horns depicts the ears, while the rest of the character represents the face. In traditional Chinese culture, ? (yng) is considered a symbol of auspiciousness, ...
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China The Dark Side of Growth
Emerging from the ranks of one of the world's poorest nations to second only to the United States, China is destined for a place in history books. But history may also record the heavy price paid by Chinese people and will continue to pay for years to come. China's steady rise against the backdrop of a sluggish global economy has emboldened Chinese leaders to claim firm confidence in ...
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Chinese Idiom A Wild Goose Carries a Message From Afar
A Canada goose flies under a clear blue sky. In traditional Chinese culture, the wild goose symbolizes a letter or an exchange of correspondence due to its use by the ancient Chinese to carry messages over long distances. (Janet ...
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Chinese students wait for class from space
About 330 primary and middle school students at a Beijing high school are eagerly waiting for their teacher to begin a class from the space on Thursday morning.The special lecture will begin in a few minutes, given by female astronaut Wang Yaping, one of the three crew members of Shenzhou-10 spacecraft, through a live video feed system.The students are gathering at the High School Affiliated to ...
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Chinas largest search-and-rescue ship to visit Sydney
China's largest search and rescue vessel will visit Australia this week on its first international voyage.The MV Haixun 01 will arrive at Sydney's Garden Island port on Saturday, where it will remain till June 28.The ship will then head north to Australia's tropical paradise Cairns, which it will call home for four days during the Asia- Pacific Heads of Maritime Safety Agencies ...
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Sovereignty of countries should be respected in using resources China
A Chinese diplomat on Wednesday said that all countries have indisputable sovereignty over the resources within their territory, stressing the importance of the relationship between natural resources and prevention of conflicts.Wang Min, China's deputy permanent representative to the UN, made the remarks at a Security Council meeting on conflict prevention and natural ...
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Chinese vice premier in Russia to strengthen ties energy cooperation
Chinese Vice Premier Zhang Gaoli arrived here Wednesday to strengthen ties and energy cooperation with Russia, aiming to give a new impetus to the unprecedented high level of relations between the two neighboring giants.Zhang's visit, a swift follow-up to the successful summit in Moscow between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin in March, is designed to ...
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Chinese FM says Xi-Obama summit very successful
The first summit between Chinese President Xi Jinping and his US counterpart, Barack Obama, in California earlier this month was very successful, Chinese Foreign Minister Wang Yi said Wednesday.Xi and Obama agreed to build a new model of major-power relations based on mutual respect, cooperation and all-win results, Wang told US Secretary of State John Kerry in a telephone conversation.The ...
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Speeding blamed for Taiwan road accident
Speeding caused a road accident that occurred around 2 pm Wednesday in Taiwan, leading to one local tour guide killed and seven mainland visitors injured, said local road authorities.The excessive speed caused the bus skid and hit side slope after veering off the road in southwestern Taiwan's Chiayi County. The event date recorder on the bus revealed that the speed at the time of the ...
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Xi China Vietnam should follow path of friendly cooperation
Chinese President Xi Jinping (L) and Vietnamese President Truong Tan Sang wave during a welcoming ceremony in Beijing, capital of China, June 19, 2013. Photo: XinhuaChinese President Xi Jinping on Wednesday urged China and Vietnam to "unswervingly march together along the path of friendly cooperation" despite distractions.Xi made the comments during his three-hour-long talks with ...
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Chinas interbank rates swing back to high level
Borrowing costs between Chinese banks soared Wednesday after a brief retreat from high levels, suggesting the market remains concerned of a liquidity shortage.Shanghai Interbank Offered Rate (SHIBOR) overnight rate surged 216.9 base points to 7.66 percent, reversing from downwards in the last two days. The SHIBOR overnight rate hit a record high at 9.58 percent last week before plunging to 4.81 ...
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Australian entrepreneurs eager to benefit from Chinas booming demand
Around 100 Australian entrepreneurs gathered in Melbourne Wednesday to find out how to seize the golden opportunities emerging from China's booming economy and demand, especially during Beijing's 12th five-year plan.The Australia-China Business Week forum, also attended by officials from the Chinese Consulate-General in Melbourne and government of the Victoria State, as well as some ...
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Beckham meets fans in Shanghai
Fans wait for David Beckham outside Shanghai Shenxin Football Club, in Shanghai east China, June 19, 2013. David Beckham is on a seven-day visit to China as the ambassador for the Football Programme in China and China's Super League. (Xinhua/Fan ...
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Chinese astronaut to deliver first space lecture
A special lecture will begin at about 10:00 a.m. Beijing time Thursday morning, given by a teacher aboard China's space module Tiangong-1 to students on Earth.Female astronaut Wang Yaping, one of the three crew members of Shenzhou-10 spacecraft, will give the lecture to about 330 primary and middle school students in Beijing, through a live video feed system.More than 60 million students ...
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Liquidity crunch to plague China
BEIJING - The recent interest rate increases in China's inter-bank market have raised concerns over a liquidity crunch, but experts have viewed it in the context of weak economic recovery and argued that liquidity is ...
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Most costly takeover boosts Chinas dairy restructuring
Yashili milk formula products at an expo in Beijing in July. Yashili was ranked eighth in China's milk formula market and had a growth rate of 35.8 percent last year. [Photo / Provided to China ...
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A classical Chinese garden adorns Washington DC
A classical Chinese garden will be installed at the US National Arboretum in Washington DC, in a joint collaboration between China and the United States. Featuring a series of open pavilions, a pond and traditional Chinese buildings with Ming (1368-1644) and Qing (1644-1911) style furnishings, the garden will showcase Chinese flora and landscaping, and will be open to the public. "Our ...
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Fishing boat capsizes off Taiwan 6 rescued
/enpproperty--> TAIPEI - Six crew members have been rescued after their fishing boat capsized off the coast in northern Taiwan's Keelung city on Wednesday, according to local cost guard authorities. The accident happened after the Yilan-registered ...
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1 dead 8 injured in Taiwan road accident
/enpproperty--> TAIPEI - One person died and eight others were injured in a road accident that occurred Wednesday in central Taiwan's Alishan Scenic Area, a local travel agency said. A bus fell off a roadside mountain slope at 2 pm, killing a tour guide and injuring eight tourists from the Chinese mainland, the agency said. The injured were rushed to a nearby hospital, according to the ...
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Coming soon Chinas first space lecture
Wang Yaping, the female crew member among three ';taikonauts,'; will broadcast a lecture to students throughout China about physics from a space ...
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Netizens divided over China dog meat festival
An animal rights group has failed to stop a festival in southern China dedicated to dog meat, which has garnered much media attention and divided China's internet community in recent ...
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Philippines mending ties with Taiwan
After the outburst of public anger, amplified by official outrage orchestrated by an unpopular government, Taiwan is sounding less bellicose these days. Perhaps President Ma Ying-Jeou and his advisers think they have forced the Philippines into a corner. They would be wrong. After the shooting death of Taiwanese fisherman Hung Shih-chen on May 9, in Philippine waters, it was incumbent on the ...
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China maintains cautious monetary stance
The Chinese central government said on Wednesday it will continue its prudent monetary stance while the world's second-largest economy slows down, with the market seeing its worst cash crunch in at least seven years. In a statement after a meeting chaired by Premier Li Keqiang, the State Council, China's cabinet, said the economy is generally stable. The prudent monetary stance ...
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Chinese army police face Xi’s broom
People's Liberation Army and armed police has come under pressure in China to curb extravagant lifestyles and corrupt practices of some officers following a diktat issued by the country's ...
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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