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Tastes and sights of Taiwan in Xiamen
Vendors from Taiwan sell Taiwanese foods at a Taiwan-style temple fair in Xiamen, southeast China's Fujian Province, on Friday, June 14, 2013. The temple fair is part of the city's fifth Straits Forum to be held on June ...
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Hot Air Balloon Festival kicks off in Chinas Hainan
15 hot air balloons participated in the event Tuesday to to fly across the Qiongzhou Strait from the city of Haikou and reach a designated place in neighboring Guangdong ...
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Sebin Festival of Owenke ethnic group kicks off in N China
Herdsmen of the Owenke ethnic group wrestle at the annual Sebin (Happiness) Festival in Owenke Autonomous Banner, north China's Inner Mongolia Autonomous Region, June 18, 2013. The Owenke ethnic group has the reputation of the "last hunting tribe in ...
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Shanghai negative in early trade
(42 mins ago) Shares in Shanghai were down 0.81 percent in early trading on worries over a share glut that could be triggered by the resumption of new stock offers, dealers said. The benchmark Shanghai Composite Index fell 17.52 points to 2,141.77. China's stock regulator might resume approvals for initial public offerings as early as July after a nearly eight-month suspension, state ...
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Hong Kong stocks edge lower ahead of Fed HSBC up
HONG KONG (MarketWatch) -- Hong Kong stocks pulled lower in cautious trade Wednesday as investors awaited the Federal Reserve's monetary-policy decision for clues on its bond purchases. The Hang Seng ...
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Snowden says NSA used Cisco to spy China media
+0.49% routers to spy on Chinese networks. The report on the Chinese-language site Techweb.com, dated Tuesday, also said that Cisco had been involved in many major Chinese Internet infrastructure projects, including those of military and government networks. However, ...
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Bus falls into Valley15 die
At least 15 people were killed after a bus with 36 passengers fell into a valley in Northwest China's Xinjiang Uygur autonomous region on Tuesday afternoon. The accident happened at around 5:15 pm in an area with an average altitude of 2,000 meters near Miaoergou village, in the Changji Hui autonomous prefecture. The passengers were employees of a local company who were returning after ...
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Yunnan seizes 9.2 tons of drugs
/enpproperty--> KUNMING -Police authorities in southwest China's Yunnan province Tuesday said they captured more than 8,000 drug traffickers and seized 9.22 tons of drugs in the first five months of the year. The two figures are up 12.7 percent and 23 percent respectively from the same period a year ago, said Yan Shangzhi, deputy director of the Yunnan provincial public security ...
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VECCI’s Top Ten Tips When Sourcing From China
The opportunities to make your business more competitive through importing components from overseas or manufacturing overseas are too great to be ignored. Generally speaking, better prices for manufacturing components or whole products can be found in China than elsewhere. Sourcing from China isn’t a simple process though. There are significant risks - from missing goods, substandard ...
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Chinese students attend G20 Youth summit
Four Chinese students born after 1990 gathered Tuesday in an international youth forum to discuss pressing global issues and prepare a communique to be handed over to the Group of 20 (G20) leaders.The global financial system reform and sustainable development topped the agenda of the three-day Youth 20 (Y20) Summit, an official event held under Russia's G20 presidency on the eve of the 17th ...
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Chinas central bank signals no policy loosening
People's Bank of China (PBoC) Tuesday drained 2 billion yuan from the money market despite banks' reported call for cash injection, suggesting regulators are keen to keep liquidity tight amid growing jitters of China's financial risks.The 2-billion 91-day bills, though tiny by amount, were viewed as the central bank's commitment to squeezing out excessive funding.Shanghai ...
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Sierra Leonean president to visit China
Sierra Leonean President Ernest Bai Koroma will visit China at the end of June, the Chinese Embassy in Freetown said on Tuesday.Chinese Ambassador to Sierra Leone Kuang Weilin told journalists here that President Koroma was invited by Tsinghua University to attend the World Peace Conference in Beijing, capital city of China.During President Koroma's visit to China, he is expected to hold ...
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Vietnam China have huge potentials for cooperation Vietnamese President
Vietnam and China "have huge potentials for further speeding up cooperation in the future," Vietnamese President Truong Tan Sang, who will start his three-day state visit to China from Wednesday at the invitation of Chinese President Xi Jinping, said in an interview with Xinhua and other Chinese media on Tuesday."Vietnam and China are close neighboring countries. The two peoples ...
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China Ghana work closely to tackle illegal mining
China and Ghana are working closely to properly handle the issue of Chinese nationals engaged in illegal gold mining in the West African country, a senior Chinese official said here on Tuesday.Gong Jianzhong, the Chinese ambassador to Ghana, told a press conference that the issue of Chinese nationals involved in illegal mining activities in Ghana was a disharmony in the course of development of ...
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China endeavors to boost wildlife protection
To better protect the country's biodiversity, China is pooling efforts to further protect endangered species and crack down on illegal animal trafficking."China will intensify and coordinate efforts to strengthen wildlife protection," said Yin Hong, deputy director of the State Forestry Administration (SFA), at a recent briefing.China has rich wildlife resources. More than 6,500 ...
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China streamlines health-related approval procedures
The National Health and Family Planning Commission (NHFPC) has delegated approval authority over certain issues to agencies at local level, a government statement said Tuesday.It is among China's follow-up efforts to turn into realities a cabinet reshuffle plan that was adopted by its legislature in March, according to a central government statement.The NHFPC has delegated approval ...
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Jackie Chan attends Chinese film festival in New Delhi
Actor Jackie Chan reacts to the media at the news conference of the Chinese film festival in New Delhi, India, on June 18, 2013. The 5-day festival opened on Tuesday to boost bilateral movie and culture cooperation between China and India. Photo: ...
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Chinese Billionaire Qiu Guanghes Retailer Semir To Buy Menswear Brand Stock Resumes Trade Today
Zhejiang Semir Garment, the Chinese youth apparel chain controlled by billionaire Qiu Guanghe, plans to acquire a domestic men's fashion chain in order to expand its product line. Semir will pay up to between 1.98 billion yuan, or $325 million, and 2.26 billion yuan for 71% of Ningbo Zhongzhe Mushang, which specializes in mid- to upper-end men's leisurewear, according to a prelimary ...
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International medical center for Shanghai
/enpproperty--> A leading medical center where international tourists can be treated will open in Shanghai, Jiefang Daily reported. The Shanghai International Medical Center, the city's first private general hospital, will open for business in November. Located near where Shanghai Disneyland is being built, the center has 450 beds and more than 100 intensive care units, and will ...
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Hong Kong Investigates HSBC for Manipulating Rates
Hong Kong's de facto central bank said on Tuesday that its investigation into possible benchmark rate manipulation has been extended to include HSBC and a number of other banks.The Hong Kong Monetary Authority (HKMA) announced in December that it was investigating UBS about possible misconduct relating to its submissions for the Hong Kong Interbank Offered Rate ...
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Swiss luxury hotels eye Chinese tourists
Siro Barino, managing director of Swiss Deluxe Hotels, an association consisting of 38 most exclusive luxury hotels in Switzerland, told China Daily, that Chinese tourists have witnessed a significant growth in recent years while their choice has seen a major shift from economy hotels to luxurious ...
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China sets legal weapons against pollution offences
China's top court and procuratorate jointly issued an interpretation on the conviction and sentencing standards of criminal cases involving environmental pollution on Tuesday. Experts said the interpretation will provide "legal weapons" to combat such crimes. "At present, environmental pollution is very serious across the country, which seriously harms the ecological ...
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Chinese mining industry contributes to abuses in Democratic Republic of the Congo
The DRC authorities have not only failed to prevent mining companies and traders abusing rights, they have themselves violated human rights to facilitate mining ...
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Hong Kong shares to open down 0.2 pct Mengniu jumps after Yashili offer
HONG KONG, June 19 | Tue Jun 18, 2013 9:29pm EDT HONG KONG, June 19 (Reuters) - Hong Kong shares are poised to start lower on Wednesday, with high yielding names in the local property and utilities sectors mostly weaker as investors await the outcome of a two-day U.S. Federal Reserve rate-setting meeting later in the day. The Hang Seng Index was set to open down 0.2 percent at 21,118.4 ...
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Chinese State Official Accused of Spending Lavishly on Mistress
A Chinese government official is facing accusations of supporting a mistress with extravagant spending beyond his modest salary, in the latest sex scandal to hit the ruling Communist Party. The scandal erupted Friday, when a 25-year-old female presenter for Chinese state television announced on her blog that she had a four-year affair with the deputy director of China's state archives, ...
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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