Latest China News
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Financial stocks fall on Fed China data
NEW YORK (MarketWatch) -- Financial stocks were down in premarket action Thursday, tracking a drop in the broader global markets on concerns the Federal Reserve will reduce its bond-buying program and a reported drop in China's manufacturing index for May. The Financial Select Sector SPDR ...
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Booklet Published to Foster Closeness With Church in China
An Italian publisher dedicated to the missions has published a booklet to aid in prayer for the Church in China, as May 24 is the World Day of Prayer for the Church ...
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Why Chinese College Graduates Arent Getting Jobs
Despite a still-thriving economy, university graduates struggle to overcome an employment market increasingly skewed to the well-born and the ...
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Tiger Airways launches Hong Kong-Jakarta service
HONG KONG - Tiger Airways brings in valued travel options to Indonesia with its launch of direct service between Hong Kong and Jakarta. From 25 July 2013, Tiger Airways will fly to the capital of Indonesia four times weekly on Monday, Tuesday, Thursday and Saturday, with an increase to daily flights from September onwards. "We are excited that Tiger Airways is the first low cost carrier ...
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Six ways to bridge the Silicon Valley-China gap
What's your company's strategy for doing business with China? Not news: Chinese investment is pouring into Silicon Valley, and local companies are going after a piece of that action. News: This morning I spoke with six executives at that business crossroads who delivered six tips on bridging cultural and economic divides between Silicon Valley and China. Those were just some of the tasty ...
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China WPT tournament 2013 to be held in Hainan in October
"Our goal is to make Jeju a gambling mecca...we want to bring the biggest tournaments here...WSOP [World Series of Poker], Poker Stars, Red Dragon, we already signed up WPT [World Poker Tour] and ATP [Asian Poker Tour]. We want to bring the big tournaments to ...
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China clears Boeing 787s for nations airlines Boeing
NEW YORK (AFP) - Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant."I can confirm that the Civil Aviation Administration of China has granted type certification for the 787 Dreamliner," a Boeing spokesman said in an email.Chinese airlines have yet to take delivery of the ...
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Gaffe-happy Biden offends Chinese students at Penn
US Vice President Joe Biden and Chinese (then) Vice President Xi Jinping shake hands after receiving gifts and answering students questions in a Mandarin language class at International Studies Learning Center Feb. 16, 2012 in South Gate, California. (Jay L. Clendenin-Pool/Getty ...
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China Pakistan to deepen strategic co-op
/enpproperty--> ISLAMABAD - China and Pakistan have agreed to cement their strategic partnership and deepen comprehensive strategic cooperation in various areas, according to a joint statement issued Thursday during Chinese Premier Li Keqiang's visit to the South Asian nation. The statement said both sides are satisfied with their relationship, which contributed to peace and stability ...
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Taiwan-US trade relations forum to take place in Kaohsiung Friday
TAIPEI -- The fifth annual Taiwan-U.S. Commercial Forum will take place in Kaohsiung Friday, focusing on the development of bilateral trade relations and the prospects for further economic cooperation, the organizers said ...
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Taiwan to be theme country for Spanish film festival this summer
TAIPEI -- Taiwan has been chosen as the theme country of the 10th Asian Summer Film Festival in Spain to be held July 9-14, the Ministry of Culture said ...
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What does a Chinese recession look like
Falling demand for Chinese exports in Europe hurting growth Manufacturing in China contracted this month, according to the HSBC purchasing managers' index (PMI), a preliminary reading of manufacturing activity. The figure came in at 49.6. Any number below 50 means activity is shrinking. At about the same time, research firm Markit reported its Flash eurozone PMI composite index was at 47.7 ...
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Portraits of Uighurs Chinas Embattled Muslim Minority
A woman takes a break from her afternoon work in the fields to pray.(Eleanor Mouseman) China's Xinjiang Uighur Autonomous Region is the country's largest province, a vast land mass bordering seven countries that is almost as large as Mongolia. The region is the traditional home of the Uighur people, one of China's 55 official ethnic minority groups and one, along with the Tibetans ...
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A Look Ahead To The Flash Point In The South China Sea
Beijing continues to pressure its neighbors over strings of disputed areas in the South China Sea that reportedly hold massive deposits of oil and gas. The ongoing disputes raise serious questions about China's goals in the region and how the United States should address escalating ...
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Silvercorp net income drops as mining costs rise in China
Silvercorp Metals reported net income down 34 percent to $6.4 million from the same quarter a year ago citing the effects of higher production costs, lower metal prices, and falling metal ...
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China close to starting freeze of terrorist assets
China on Thursday released a draft regulation to put pressure on terrorist groups by freezing their assets, a significant move in the battle against terrorism at home and around the world.The regulation, drafted by the People's Bank of China (PBC), the Ministry of Public Security and the Ministry of State Security, was released on Thursday to solicit public opinions. The draft applies to ...
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Taiwan’s Wu joins IOC race vows to fight doping
Wu Ching-kuo Photo: CFP Taiwan boxing chief Wu Ching-kuo vowed Thursday to fight doping and match-fixing as he announced his bid to run for the presidency of the International Olympic Committee (IOC).Wu, head of the International Amateur Boxing Federation since 2006, formally unveiled at a press conference in Taipei his manifesto for one of the world's most prestigious sporting ...
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China survive Indonesia scare in quarters
Li Xuerui of China hits a return against Lindaweni Fanetri of Indonesia during their quarterfinal match at the 2013 Sudirman Cup world mixed team badminton championships in Kuala Lumpur on Thursday. Photo: CFP Defending champions China had to dig deep to avoid a surprise defeat to Indonesia, winning 3-2 on Thursday in the quarterfinals of the Sudirman Cup.Two days after whipping their ...
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Car crash kills 8 in SW China
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Shares fall on weak China factory data
New Zealand shares fell yesterday as the prospect of a winding down of US stimulus and weak Chinese manufacturing weighed on equity markets across Asia. Guinness Peat Group dropped after signalling a delay in its transformation strategy. Westpac Banking led lenders and insurers lower. The NZX 50 fell 21.59 points, or 0.5 per cent, to ...
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Solar subsidies dont merit costly trade war with China
By Kevin Allison and Christopher Swann, Reuters Breakingviews FORTUNE -- A trade war is brewing over solar panels but the casus belli looks shaky. Western manufacturers probably exaggerate the impact of cheap Chinese kit on the industry's health. Panel profits need to rise, but punitive tariffs and possible Chinese retaliation may just make solar energy less competitive. Europe's ...
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U.S. China factories struggle Fed hints at less stimulus
By Andy Bruce and Steven C. Johnson LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before ...
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Taper Talk BoJ Action and China PMI Vaporizes Risk Appetite
(US) Initial Jobless Claims: 340K v 345Ke; Continuing Claims: 2.912M v 3.000Me (US) May Preliminary Markit US PMI Manufacturing: v 51.4e (MX) Mexico Q1 GDP (Current $) Y/Y: 3.0% v 4.2%e (US) Mar House Price Index M/M: 1.3% v 0.8%e; Q/Q: 2.0% v 1.5% prior (ZA) South Africa Central Bank (SARB) leavse Interest Rate unchanged at 5.00%, as ...
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shifted much of its operations to China
Lithium-ion battery maker Boston-Power Inc. plans to cut about 30 jobs in the state as it expands in China, where the company is receiving $125 million in private equity and government ...
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Oil falls after China manufacturing contracts in May US pump price at $3.66 as weekend nears
NEW YORK - The price of oil fell Thursday as weak manufacturing data from China raised questions about the strength of oil demand in the world's No. 2 economy. Oil's decline was exacerbated by sharp declines in global stock markets amid indications that the U.S. Federal Reserve's may pull back on its economic stimulus program. An earlier loss of $2 a barrel was trimmed by ...
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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