IHT Rendezvous ‘Cadmium Rice’ Is China’s Latest Food Scandal

New York Times - Monday 20th May, 2013

BEIJING — "Cadmium rice," as it's dubbed, or rice laced with levels of the metal cadmium that exceed national safety standards, has become the latest food scare in China, sparking a health and P.R. scandal in a nation long used to — and deeply worried about — unsafe food. Last week, the authorities in the southern province of Guangdong found that more than 44 ...

North Koreans seize Chinese fishing boat

The Guardian - Monday 20th May, 2013

China has urged North Korea to release a Chinese fishing boat and crew, state media has reported, after its owner announced online that it had been seized more than two weeks ago. Yu Xuejun wrote on his microblog on Saturday that gun-wielding North Koreans took the boat on 5 May in what he says were Chinese waters and that they demanded a ransom of 600,000 yuan (£64,000). Xinhua ...

Peace for progress is mantra of visiting Chinese prime minister

merinews - Monday 20th May, 2013

Li Keqiang, Prime Minister of China arrived in New Delhi on Sunday, 19th May 2013 on a three-day official visit. On becoming the Prime Minister of People's Republic of China this year, Li Keqiang chose India for his first foreign trip to promote good neighbourly relations across the ...

Chinas red-hot property market shows no signs of slowing

Local 10 - Monday 20th May, 2013

Property prices continued to rise last month in China, defying policymakers who have sought to cool the housing market while preserving robust economic ...

UPDATE 2-French food group Danone takes second chance with China Mengniu

Reuters - Monday 20th May, 2013

Mon May 20, 2013 1:15am EDT * JV and Mengniu investment worth $417 million * Deal is latest move to restore confidence * Mengniu shares hit 17-month high (Adds analyst comment, details on China dairy market) By Donny Kwok HONG KONG, May 20 (Reuters) - Danone Group has agreed to invest 325 million euros ($417 million) in two deals with China Mengniu Dairy Co Ltd, marking a comeback for the ...

Chinese back hacking U.S. businesses government

The Seattle Times - Monday 20th May, 2013

Hackers working for a cyberunit of China’s People’s Liberation Army appear to have resumed their attacks using different techniques, computer-security experts and U.S. officials ...

Chinese premier holds talks with Indian PM

ABC Australia - Monday 20th May, 2013

China Chinese Premier Li Keqiang has met his Indian counterpart, Manmohan Singh, in New Delhi as part of his first foreign trip since taking office.The pair met for informal talks on Sunday night, and will hold more detailed discussions on Monday.Mr Li says his decision to choose India for his first trip abroad shows the importance Beijing attaches to improving relations with New Delhi.Border ...

Another Taiwan Mirage crashes

The Standard - Monday 20th May, 2013

(17 mins ago) A Taiwan fighter jet ploughed into the sea off the island's north coast today, the air force's second crash in less than a week, military officials said. The crash happened when the French-made Mirage 2000-5 fighter was on a training mission, the air force said, adding that both crew managed to parachute to safety. A single-seater F-16 went down off central Taiwan on ...

Bird flu cost poultry sector 400b yuan

The Standard - Monday 20th May, 2013

(41 mins ago) China's human H7N9 bird flu outbreak has cost the country's poultry industry more than 400 billion yuan as consumers shun chicken, government officials said according to state media Monday. The sector has been losing an average of one billion yuan a day since the end of March, the Beijing Times said, citing Li Xirong, head of the National Animal Husbandry Service, AFp ...

Crucial talks between India and China today border issue to be discussed

India Today - Monday 20th May, 2013

Ahead of the formal talks with his Indian counterpart, Chinese Prime Minister Li Keqiang on Monday hoped that his visit will lead to increase in mutual strategic trust between the two sides.The border issue is likely to be discussed between the two nations in the crucial talks on Monday and the Chinese PM said he is looking forward to have a productive discussion with PM Manmohan Singh.Keqiang ...

New suicides reported at Foxconn China factory

Market Watch - Monday 20th May, 2013

LOS ANGELES (MarketWatch) -- Three workers at a Foxconn Technology Group factory in Zhengzhou, China, have killed themselves over the past three weeks, Agence France-Presse reported Saturday, citing state media and a labor-rights group. The reported deaths -- involving a 30-year-old married man, a 23-year-old woman and 24-year-old man -- revive the specter of a wave of suicides that have struck ...

Bird flu costs China industry $65 billion

The Courier Mail - Monday 20th May, 2013

CHINA'S human H7N9 bird flu outbreak has cost the country's poultry industry more than 400 billion yuan ($A66.96 billion) as consumers shun chicken, government officials have told state media. The sector has been losing an average of one billion yuan a day since the end of March, the Beijing Times said on Monday, citing Li Xirong, head of the National Animal Husbandry Service. H7N9 avian ...

China pledges mutual trust with India

The Courier Mail - Monday 20th May, 2013

CHINESE Premier Li Keqiang has pledged to build up mutual trust and cooperation with India as he held talks in New Delhi, saying good relations between the countries are key to world peace. "The purpose of my current visit to India is three-fold - to increase mutual trust, to intensify cooperation and to face the future," Li told reporters on Monday as he held talks with his Indian ...

Hong Kong shares soar to 3-12-month high China set for 4th straight gain

Reuters - Monday 20th May, 2013

Mon May 20, 2013 12:45am EDT * HSI +1.7 pct, H-shares +1.8 pct, CSI300 +1.1 pct * Gains in strong volumes, HK catch up after Friday public holiday * China April home price data lifts property sector * Tencent hits another record high, surpasses HK$300 mark By Clement Tan HONG KONG, May 20 (Reuters) - Hong Kong shares jumped to their highest since early February on Monday, led by Chinese cyclical ...

Want to eat a healthy Chinese meal You have to know what to ask for

The Globe and Mail - Monday 20th May, 2013

Many people think that Chinese food is healthier than other take-out meals because it's light on meat, contains plenty of vegetables and, unlike pizza, for instance, it's not dripping with cheese.The Asian diet - which emphasizes minimally processed foods along with grains, fruits, vegetables, legumes, nuts and seeds - has been shown to guard against heart disease and certain cancers. ...

Chinas Tingyi Q1 profit falls 47 pct as sales slow

Reuters - Monday 20th May, 2013

HONG KONG | Mon May 20, 2013 12:16am EDT HONG KONG May 20 (Reuters) - China's Tingyi (Cayman Islands) Holding Corp, a maker of drinks and instant noodles, on Monday posted a 47 percent fall on its first-quarter profit due to slower sales growth and an increase in advertising and marketing spending. Tingyi, which has a broad-ranging partnership with PepsiCo Inc and sells noodles ...

Craig Stephens This Week in China China ‘hard-landing’ trades revisited

Market Watch - Monday 20th May, 2013

HONG KONG (MarketWatch) -- A string of banks trimming their Chinese growth forecasts last week does not have alarm bells sounding yet. But as well as reviewing China's misfiring economy, it is probably time to revisit some "China hard-landing" ...

Tons of New Zealand meat stranded on Chinese docks

San Diego Union-Tribune - Sunday 19th May, 2013

WELLINGTON, New Zealand -; Hundreds of tons of frozen mutton, lamb and beef from New Zealand have been stranded on Chinese docks after China halted imports from the country due to a certification ...

Death sentence in Chinese underground bank case

Miami Herald - Sunday 19th May, 2013

BEIJING -- A businesswoman in southern China has been sentenced to death in the government's latest crackdown on underground lending that is widely used by entrepreneurs.The Intermediate People's Court of Wenzhou, a center for private sector business, says Lin Haiyan was convicted of "illegal fundraising" for collecting 640 million yuan ($101 million) from individual ...

Lock-up shares worth 22.79b yuan eligible for trade

China Daily - Sunday 19th May, 2013

/enpproperty--> BEIJING - China's stock market will see 22.79 billion yuan's ($3.68 billion) worth of locked-up shares become eligible for trade next week, according to data from bourses. A total of 1.82 billion non-tradable shares in 34 listed companies on the Shanghai and Shenzhen stock exchanges will be released to the capital market after their lock-up agreements expire next ...

Central China woos Latin American investors

China Daily - Sunday 19th May, 2013

/enpproperty--> Central China's Henan province said on Saturday it will try to create a more amicable investment environment for Latin American countries, in a bid to further lure investors from the Caribbean adjacent region amid China's economic slowdown. "We will continue to open up fields including education, medical care, finance, aviation, and modern services to foreign ...

Old-age care recommended for rural Chinas elderly

China.org.cn - Sunday 19th May, 2013

Sociologists believe the model, characterized with the elderly taking care of those even older should be recommended in China's rural areas where young workforce are migrating to large cities to make a ...