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Chinese solar firms reject EU trade action
Chinese solar panel manufacturers expressed strong opposition Thursday to possible punitive import duties by the EU on Chinese solar panels and urged the EU to drop its trade protectionism to avoid harming the solar industrial chain. In a joint statement released Thursday, major Chinese solar panel makers Yingli Green Energy Holdings Co, Trina Solar Ltd and Canadian Solar Inc said any form of ...
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Great comeback for China
Zeng Chunlei (No.8) of China returns the ball to Puerto Rico at the 2013 China International Women's Volleyball Tournament in Shenzhen on Thursday. China rallied to win the match from two sets down (20-25, 23-25, 25-17, 25-17, 15-11). China's final game in the tournament will be against Cuba on Friday night. Photo: ...
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Public hearing confirms Beijing cab fee hike
The first hike in Beijing's taxi fares since 2006 was agreed Thursday in a public hearing with 23 of all 25 participants showing their support, amid public concerns that the hearing process itself is just a formality.Participants included 10 members of the public to represent passengers, three taxi drivers, two staff from taxi companies and officials. The fare for the first three kilometers ...
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Voice on China’s household registration which are required to attend the college entrance examinations locally
"You aren't eligible for the college entrance examination [in Beijing] without a Beijing residence permit, but you are if you become an American. That is an error in China's system."Xue Manzi, a Chinese angel investor, on China's household registration, which are required to attend the college entrance examinations locally, quoted on Sina Weibo on ...
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Intellectual property Fighting China’s hackers
IT SOUNDS like an airport thriller: a near-future in which American firms wage private cyber-combat against Chinese rivals. But precisely that scenario is being considered by former senior American officials, who report that intellectual property (IP) is being stolen on an unprecedented scale, and that passive defences no longer work. Annual losses from the theft of American IP are probably on ...
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India and China Parsnips unbuttered
Reprints Yet the smiles were chiefly for show. Mr Li's trip, after all, comes only weeks after satellites and drones showed a Chinese military force camped 19km inside the Indian side of the line of control, high up in Ladakh, in the Himalayas. Brief incursions by both armies are routine, but this one, exceptionally, lasted for three weeks. Indians say Chinese diplomats appeared to be ...
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We are responsible for easing relations between India and Pakistan claims China
China has played a positive role in the continuous easing of the relationship between India and Pakistan, said a state-run daily which added, "China has not played balancing strategy, using one country against the other."An article in the Global Times said that when Chinese Premier Li Keqiang and his entourage flew from India to Pakistan Wednesday for a two-day visit, his plane was ...
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The wide world of hacking in China
The Chinese have been known to be experts at hacking for quite some time. But what might surprise some is that it's an epidemic across the country in all levels of ...
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EU seeks China investment accord as first step to free trade deal
Set up by Turner Broadcasting-promoted Cartoon Network’s former top official Jiggy George, this is the first time Dream Theatre will work on a local ...
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GLOBAL MARKETS-Stocks fall on China growth woes Fed concerns
Thu May 23, 2013 11:37am EDT * Weak Chinese factory, euro zone sentiment data hit global stock markets * Bernanke's comments on reducing bond-buying weigh on markets * Nikkei drops 7 pct, Wall Street down for second day * Yen gains more than 2 pct vs dollar and euro By Ryan Vlastelica NEW YORK, May 23 (Reuters) - Stock markets worldwide fell sharply on Thursday as surprisingly weak data from ...
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UPDATE 1-EU trade chief to seek investment pact with China
Thu May 23, 2013 11:23am EDT * Agreement would protect EU investors in China * Could eventually pave the way for a free-trade deal By Robin Emmott and Ethan Bilby BRUSSELS, May 23 (Reuters) - The European Commission will seek the support of EU governments to launch talks with China on an investment pact that could be a precursor to a free-trade deal if Brussels and Beijing can overcome growing ...
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Gay Rights Activist Held in China
BEIJING -- A young gay rights activist was detained last week in the southern city of Changsha, following a rally organized by local groups to mark an international day against homophobia, his lawyer said. The man, 19-year-old Xiang Yuhan, was taken into custody early Saturday after police came to his hotel room. "He’s been put under administrative detention for 12 days on ...
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Death toll in China blast rises to 33
BEIJING (AFP) - The death toll from a blast at an explosives plant in eastern China earlier this week rose to 33 Thursday as 20 missing people were declared dead, state media reported.Officials had said Tuesday that the explosion, which occurred the day before in the Shandong province city of Shangqiu, had killed 13 people and left 20 missing.Xinhua news agency reported Thursday, citing local ...
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Inside China’s thriving hacking culture
People walk past 'Unit 61398', a secretive Chinese military unit, in the outskirts of Shanghai, Feb. 19, 2013. The unit is believed to be behind a series of hacking attacks, a U.S. computer security company said, prompting a strong denial by China and accusations that it was in fact the victim of U.S. hacking. (Carlos ...
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EMERGING MARKETS-Latam stocks fall on China data Fed worries
* Weak Chinese manufacturing hurts commodities stocks * Global markets open lower after Bernanke's comments * Brazil's Bovespa down 1.5 pct; Mexico's IPC falls 0.27 By Danielle Assalve Sao Paulo, May 23 (Reuters) - Latin American stocks fell on Thursday on surprisingly weak economic data from key trade partner China and concerns the U.S. Federal Reserve will scale back stimulus ...
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Stocks fall in early trading on Fed stimulus concern contracting Chinese manufacturing
NEW YORK - Stocks fell in early trading, extending a sell-off that began Wednesday afternoon, after Chinese manufacturing unexpectedly contracted and on concern that the Federal Reserve may ease back on its stimulus program. The Dow Jones industrial average was down 50 points at 15,256 as of 10:28 a.m., a decline of 0.3 percent. It had been down 127 points in the early going following steep ...
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Four Carriers to Launch China-Taiwan-Australia Service in June
will launch a joint China-Australia-Taiwan service on June 7.The CAT service will employ six 4,250-TEU container vessels, including two each from Evergreen and Yang Ming and one each from PIL and Sinotrans.The port rotation is as follows: Ningbo, Shanghai and Shekou in China; Kaohsiung, Taiwan; Sydney, Melbourne and Brisbane in Australia; and back to Kaohsiung and Ningbo. The roundtrip voyage is ...
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CBS cements deal to air Tony Awards through 2018 China Economic Information Service
CBS cements deal to air Tony Awards through 2018 LOS ANGELES, May 22 (Xinhua) -- Leading U.S. TV network CBS has reached a five-year broadcast agreement with Broadway, authorizing it to air the Tony Awards at least through 2018, it was announced on Wednesday. CBS, which has aired the annual event highlighting Broadway's best since 1978, covered the show based on a year-long pact before ...
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Industrial Metals Tumble After Soft Chinese Data Gold Up As Equities Slide
A soft Chinese report that portends contraction in the manufacturing sector prompted big moves in opposite directions for many of the metals Thursday - with industrially oriented commodities like copper taking it on the chin but gold getting a bid on safe-haven demand, analysts said. HSBC's flash Purchasing Managers Index for China fell to 49.6 in May from 50.4 in April. Readings under 50 ...
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No H7N9 virus found in poultry farms in China
/enpproperty--> BEIJING - The H7N9 bird flu virus has not been detected in poultry farms, with positive samples mainly coming from live poultry markets, China's Ministry of Agriculture (MOA) said Thursday. The MOA said it has "basically" finished collecting and testing 899,758 samples from across most parts of the country. Of the total, 53 samples were found positive with ...
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U.K.s Cameron to China India Were open for business
Prime Minister David Cameron says openness to foreign investment is competitive advantage for Britain (and Ratan Tata is always welcome at Downing ...
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Futures Movers Oil at three-week low on weak China data
SAN FRANCISCO (MarketWatch) -- Oil futures headed lower for a third session in a row on Thursday, as weak Chinese manufacturing data dulled prospects for energy demand and set prices up for their lowest close in three ...
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U.S. stocks sink at the open on Fed China fears
NEW YORK (MarketWatch) -- U.S. stocks opened with steep losses on Thursday, as fears over a tapering of the Federal Reserve's bond-buying program and weak Chinese economic data sent investors fleeing from stocks. Japanese equities plunged overnight, with the Nikkei Stock ...
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Fresh signs of Chinas economy fragility
Factory activity there shrank for the first time in seven months in May. The initial reading of surveys of manufacturers puts the blame on a fall in new orders. That has economists worried that the country’s recovery is stalling. The soft data is a problem for China’s top politicians, who are trying to manage the economy in such a way that there is an orderly slowdown. They also ...
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Exclusive China urbanization plan hits roadblock over spending fears - sources
China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble. Premier Li Keqiang has rejected an urbanization proposal drafted by the National Development and Reform Commission (NDRC), seeking changes to put more ...
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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