Latest China News
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In China Hacking Has Widespread Acceptance
BEIJING ...
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China Growth May Hit 9 by Mid-2014
There may be fewer China bulls around these days, but Deutsche Bank remains optimistic about the outlook for the world's second largest economy, forecasting growth will touch 9 percent around mid-2014. Strong growth in social financing, a pickup in industrial production, alongside a recovery in exports - driven by an improvement in demand out of the U.S. and Japan in the second-half - are ...
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Taiwan to escort fishing vessels on regular basis
Taiwan's coast guard will escort fishing ships on regular basis to protect them from harassment by the Philippines, the island's leader Ma Ying-jeou said ...
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China Pakistan to be good partners brothers forever
China and Pakistan will always be good partners and brothers that are reliable and sincere to each other, visiting Premier Li Keqiang said ...
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Banyan Tree opens the first spa in northern China.
Banyan Tree Spa, the award-winning Asian spa operator marked its inaugural presence in Northern China with the launch of the Spa at Banyan Tree Tianjin ...
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In China food scares put Mao’s self-sufficiency goal at risk
A worker displays a handful of rice at a market in Hefei, Anhui province in this 2009 file photo. The discovery of dangerous levels of toxic cadmium in rice sold in the southern city of Guangzhou, the latest in a series of food scandals, has piled more pressure on China to clean up its food chain, possibly at the expense of Mao Zedong's cherished goal of self-sufficiency. (JIANAN ...
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Chinas Lenovo buys and diversifies to outshine PC rivals
By Lee Chyen Yee and Umesh DesaiHONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.Lenovo, a sliver away from unseating Hewlett-Packard Co as the world's top PC maker by shipments, is expected on ...
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Art Basel Hong Kong Opens on Thursday
HONG KONG ...
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Value of MA deals abroad by Chinese buyers soars to a record high
Chinese enterprises have been playing an important role in the cross-border M&A arena, with deal values increasing from US$10.3 billion in 2008 to a record high of US$65.2 billion in 2012, more than five times growth over the past five years, according to announced data and PwC analysis. It resonates a new global M&A dynamic that clearly reveals more high growth market (HGM) companies ...
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President Mujica Begins Tour to China Spain Italy and Vatican
Montevideo, May 22 (Prensa Latina) Uruguayan President Jose Mujica, on Saturday will begin a four-day official visit to the Republic of China. Accompanied by a government and a business delegation, the president, who left here at 14:00 hours (local time) to Paris, where he will make a stop over for Beijing, he will Sunday travel by train to the city of Tianjin to hold meetings with Chinese ...
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China reassured about EU-US trade pact
/enpproperty--> EU trade chief: Deal could increase each side's GDP by half of 1 percentage point each year China has "no reason" to worry about an ambitious free-trade pact being negotiated by the United States and the European Union, because the two are already its biggest trading partners, the EU's trade chief said. Trade Commissioner Karel De Gucht was asked ...
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China Galaxy shares in hot demand on debut in HK
/enpproperty--> New shares in China Galaxy Securities Co Ltd were in hot demand on Wednesday, after it raised $1.1 billion in a much-anticipated Hong Kong IPO. The shares rose 11.3 percent at one point, before ending the day up six percent on its trading debut. The city's IPO drought has been broken by the new listing, along with that of Sinopec Engineering (Group) Co Ltd last ...
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Central Coast Mariners Asian Champions League campaign over after Guangzhou loss
China Central Coast had no answer to the talent assembled so expensively by Guangzhou Evergrande as the A-League champions tumbling out the Asian Champions League on Wednesday with a 3-0 defeat in China.Manager Graham Arnold had stressed the importance of keeping a clean sheet if his side was to overturn a 2-1 first-leg deficit in the round of 16, but Brazilian midfielder Muriqui put Guangzhou ...
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Pope urges Friday prayers for Church in China
On May 22, Pope Francis reminded his weekly public audience that the coming Friday, May 24, would be the feast of Our Lady of Sheshan, the day set aside by Pope Benedict XVI for prayer for the Church in China. Chinese Catholics traditionally make a pilgrimage to the Marian shrine at Sheshan, near Shanghai, on the feast day. Pope Francis urged Catholics throughout the world to join in prayer, to ...
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China milk powder firms court foreign cachet for domestic gains
By Adam Jourdan SHANGHAI | Wed May 22, 2013 4:59pm EDT SHANGHAI May 23 (Reuters) - The rolling green hills and gurgling blonde toddlers in the ads for Yashili International Holdings Ltd underscore how keen China's biggest milk powder producers are to appear global to emerge from the shadow of a fatal baby formula scandal. The 2008 incident, which involved melamine-tainted milk ...
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Chinese Dissident Ai Weiwei’s New Musical Protest
We’re looking for the name of a famous Chinese landmark. It’s the big sports stadium in Beijing. The huge 80,000 seat venue is really an entertainment center. It has hosted winter carnivals with tons of imported snow, outdoor operas including a performance of Turandot, and international soccer matches. But it’s most famous as the main venue for the 2008 Summer Olympics in ...
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Sports Kenyan athletes rule Beijing track
Hillary Kipsang , who trains under Golazo Sports management, was too strong for his opponents as he led unprecedented top-four spots for Kenya. Kipsang, who boasts an impressive 8:07.71 personal best and the sixth world junior all-time, showed little respect for a classy line up that had world 3,000m steeplechase silver ...
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New Hong Kong Billionaire Horst Pudwill Emerges As U.S. Housing Recovery Boosts Power Equipment Exports
Horst Julius Pudwill, chairman of Techtronic Industries, is a new Forbes billionaire with a networth of $1 billion. (Image credit: Techtronic Industries)) Horst Julius Pudwill, chairman of Hong Kong-based Techtronic Industries, has emerged as a new billionaire as shares of the power equipment supplier surged by more than 100% in the past year. With the bulk of its manufacturing facilities in ...
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As China Prepares to Lead on Climate Crisis Will US Follow
"Such an important move should encourage all countries, and particularly the other large emitters such as the United States, to take stronger action on climate change" - Lord Stern, Grantham Research Institute on Climate Change, LSE ...
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China Pakistan to bolster ties
/enpproperty--> China and Pakistan said on Wednesday they will set up an economic corridor to further connect their two economies. The announcement came as ...
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Bombshell China May Be Close To Implementing A Cap On Carbon Pollution
seven cities and provinces , including Beijing, which will take part in the pilot program, set to be completely implemented by 2014. And according to one local news source, China could implement an absolute, nation-wide cap on its carbon emissions by 2016. China’s 21st Century Business Herald reported this week that the country’s State ...
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Philippines weighs move on China incursion
AFP FILE PHOTO MANILA, Philippines--The Philippines is weighing what course of action to take in the wake of the latest Chinese incursion in the West Philippine Sea (South China Sea) even as the country asserted its capability to defend its exclusive economic zone (EEZ). The Department of Foreign Affairs (DFA) said on Wednesday that it was already coordinating with the Philippine Coast Guard ...
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Bob Lutz Chinese parts maker offer $20 million for Fisker sources
Wanxiang and VL Automotive are looking to buy Fisker, which has not built a car since July, through a prepackaged bankruptcy deal. A separate team of investors is looking to buy out the U.S. Department of Energy's position in ...
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Pope Francis has called on Chinese Catholics to affirm their loyalty to him and spread the word of God and prayed that they be allowed to live in accordance with their faith.
Pope Francis has called on Chinese Catholics to affirm their loyalty to him and spread the word of God, and prayed that they be allowed to live in accordance with their faith."I invite the Catholics of the world to come together in prayer with their brothers and sisters in China for the grace to humbly and joyfully announce Christ and be faithful to his church and to Peter's ...
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Visit shows unique ties envoy
Li Keqiang 's visit to Pakistan will give a major boost to economic links between the two countries, said Masood Khalid, Pakistan's ambassador to China. Li's decision to visit Pakistan during his first foreign trip soon after taking office bears testimony to the unique ties between Pakistan and China, Khalid told China Daily. "What many people do not know is that this is, ...
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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