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Dalian Wanda Group to buy UK yacht maker and hotel property

Wed, 19 Jun 2013 17:45:23 -0400

LONDON - China's largest premier commercial property and entertainment conglomerate, Dalian Wanda Group Wednesday entered into 320million pounds definite acquisition deal with leading British yacht company, Sunseeker International Ltd, under which Wanda will acquire a majority shareholding of 91.81% in pre-eminent luxury motor yacht manufacturer. Under the agreement, the remaining 8.19% stake ...

Havent seen any UFOs says Chinese astronaut

Thu, 20 Jun 2013 02:30:02 -0400

A female Chinese astronaut Thursday said from space that she and her crewmates haven't seen any UFOs during the trip. Female astronaut Wang Yaping, one of the three crew members of Shenzhou-10 spacecraft, greeted about 330 primary and middle school students at a Beijing high school through a live video feed system, about 340 km above the Earth, reported Xinhua. "Through the front windows, we ...

China to introduce death penalty for environmental polluters

Thu, 20 Jun 2013 01:30:06 -0400

Beijing, June 19 (Xinhua-ANI): A new judicial explanation took effect on Wednesday guaranteeing the enforcement of environment-related laws and regulations, which has long been lax and superficial in China. The country's Supreme Court and procuratorate jointly issued the new judicial explanation on Tuesday that imposes harsher punishments on polluters. In the most serious cases the death penalty ...

President Xi Obama summit was very successful China

Wed, 19 Jun 2013 16:30:01 -0400

The first summit between President Xi Jingping and his US counterpart Barack Obama held earlier this month proved very successful, Chinese Foreign Minister Wang Yi said Wednesday. During a telephonic conversation Wednesday with US Secretary of State John Kerry, the Chinese foreign minister also said that President Xi and Obama during the summit in California agreed to build a new model of ...

One killed 150 injured in China restaurant blasts

Wed, 19 Jun 2013 13:40:01 -0400

A series of blasts ripped through a restaurant in China's Shanxi province Wednesday night, killing one person and injuring over 150 others, officials said. The incident took place in a two-storey building housing the restaurant in Shuozhou city, Xinhua reported. Among the 156 injured, dozens are fire fighters who were at the scene when the final blast occurred. Three fire-fighting trucks were ...

China holds talks with North Korea

Wed, 19 Jun 2013 13:20:01 -0400

China and North Korea Wednesday held a "strategic dialogue" on denuclearisation on the Korean Peninsula. Chinese Vice Foreign Minister Zhang Yesui met his North Korean counterpart Kim Kye Gwan, and told him that it was in the interest of all parties concerned to realise denuclearisation on the peninsula, safeguard its peace and stability and resolve all relevant issues through dialogue and ...

Shuttler Sai Praneeth upsets second seed in Singapore

Wed, 19 Jun 2013 10:20:01 -0400

After sending Taufik Hidayat into retirement, India's B. Sai Praneeth caused another big upset by defeating second seed Yun Hu of Hong Kong in the men's singles first round of the Singapore Open Super Series here Wednesday. The 20-year-old Sai, ranked 61 in the world, thrashed World No.4 Hu 21-9, 21-10 in exactly half an hour at the Singapore Indoor Stadium to level his head-to-head to 1-all. ...

Over 8000 held for food crimes in China

Wed, 19 Jun 2013 09:20:02 -0400

More than 8,200 people have been arrested in China since a crackdown on food safety crimes was launched in January, authorities said Wednesday. The ministry of public security said police uncovered more than 4,500 cases involving food safety offences and closed about 6,300 workshops and markets that produced or sold illegal food products. Police confiscated more than 150,000 illegal products, ...

Li Na enters second round at Eastbourne

Wed, 19 Jun 2013 05:10:01 -0400

Second seed Li Na of China defeated French woman Alize Cornet 6-2, 6-4 to reach the second round of the Aegon International here. Li, French Open champion two years ago but beaten in the second round at Roland Garros earlier this month, will next take on former champion Marion Bartoli of France, reports Xinhua. Fifth seed Caroline Wozniacki, the former World No.1, led Tamira Paszek 6-2, 2-2 ...

China Vietnam Agree on Hotline to Resolve Maritime Disputes

Thu, 20 Jun 2013 04:18:26 -0400

China and Vietnam have agreed to set up an emergency hotline to help quickly resolve territorial disputes that have occasionally strained relations between the two ...

Chinas State Council outlines 10 steps to curb air pollution

Thu, 20 Jun 2013 04:18:14 -0400

The State Council outlined 10 measures on Friday to curb air pollution that is plaguing the country, vowing "tough measures for tough tasks". The government should incorporate optimizing the country's economic structure and intensifying innovation with environmental protection efforts, according to a statement released after an executive meeting of the State Council, presided ...

Beckham sees bright future for China game

Thu, 20 Jun 2013 04:16:49 -0400

SHANGHAI (AFP) - Football superstar David Beckham said Thursday he sees a "bright" future for the Chinese game despite past corruption scandals and the dismal performance of the national team.Visiting Shanghai as ambassador to the Chinese Super League (CSL), the recently-retired former England captain defended his decision to take up the role, which has been viewed as an ambitious ...

China Vietnam set up dispute hotline amid summit

Thu, 20 Jun 2013 04:16:35 -0400

BEIJING (AFP) - China and Vietnam have agreed to set up a hotline to resolve disputes in the South China Sea, where clashes between fishermen have stoked tensions between the countries, state media reported on Thursday.The agreement was signed by agricultural authorities from Beijing and Hanoi on Wednesday, the state-run China Daily reported, amid a visit to China by Vietnamese President Truong ...

Kenya Suspected thugs kill Chinese national

Thu, 20 Jun 2013 04:14:42 -0400

Nairobi and police are grappling on how they can handle them. Elsewhere, three motorists were separately robbed of their motor vehicles in attacks in The first incident happened in Kasarani area, the second one in Starehe and the other one in Kilimani area. Police say they are yet to recover the stolen vehicles and that the gunmen escaped with them in the separate attacks. And a suspected thug ...

World Chinese astronaut gives lecture from space

Thu, 20 Jun 2013 04:14:41 -0400

China 's fifth manned space mission, Shenzhou-10, is scheduled to end around 25 or 26 June. The crew is also expected to attempt a manual docking later on Thursday. This will involve getting back inside their Shenzhou capsule, unhooking from Tiangong and then flying around the lab to re-attach the capsule to the laboratory. 'Sixteen sunrises' Ms Yang used difference experiments to ...

Chinas manufacturing activity at nine-month low

Thu, 20 Jun 2013 04:10:23 -0400

The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for June fell to 48.3, the lowest level since October and down from 49.2 in May, according to figures released by HSBC Thursday. An index reading above 50 indicates expansion, while a reading below 50 means contraction, reported Xinhua.Qu Hongbin, chief economist of HSBC China, said China's manufacturing sectors are weighed ...

China issues plan for national road network

Thu, 20 Jun 2013 04:05:53 -0400

A plan to expand China's national road network to 401,000 km by 2030 was released on Thursday.The plan, compiled by the National Development and Reform Commission and the Ministry of Transport, will require an investment of 4.7 trillion yuan ($761.8 billion), according to information provided at a joint press conference.The network expansion aims to bring the length of national non-toll ...

China stocks tumble as manufacturing activity falls

Thu, 20 Jun 2013 04:03:04 -0400

BEIJING - Chinese shares slumped on Thursday after HSBC data showed the nation's manufacturing activities fell to a nine-month low this month. The tumble also tracked wide ...

China PMI Slump Will Test Authorities Resolve

Thu, 20 Jun 2013 04:02:21 -0400

Further weakness in China's vast manufacturing sector, which has exacerbated concerns over the health of the world's second biggest economy, will make it harder for the government to resist calls to ease its policy stance, economists tell CNBC.The flash HSBC Purchasing Managers' Index (PMI), an early indicator of Chinese factory activity, fell to 48.3 in June from a final reading ...

China beats Australia in basketball friendly

Thu, 20 Jun 2013 04:02:02 -0400

Shanxi province - Chinese women's basketball team resisted the challenge from their Australian counterpart to hold off the latter 69-64 in Game 1 of Sino- Australian Women's International Basketball Challenge here on Wednesday. About 2,000 fans crowded into Wuyang Coal Mine Sports Center to support Chinese girls. After almost-one-month training ...

China business sentiment remains subdued in Q2

Thu, 20 Jun 2013 04:00:33 -0400

/enpproperty--> Chinese businesses remained worried about future development in the second quarter of 2013 amid overall optimism in Asian companies, according to the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday. The survey, polling 91 top companies in the Asia-Pacific region, revealed that the Asia business sentiment index in Q2 climbed six points to 71, ...

US told to reassess duties on Chinese photo paper

Thu, 20 Jun 2013 03:59:42 -0400

/enpproperty--> A US trade-law judge has ruled that the Commerce Department made several errors when it imposed anti-dumping tariffs on imports of Chinese photographic paper in 2010 and must reassess the duties. The errors included ignoring a rule on "targeted dumping" that the department should have been enforcing at the time, Judge R. Kenton Musgrave of the US Court of ...

US-China bio-pharm group grows with members success

Thu, 20 Jun 2013 03:59:40 -0400

Eighteen years ago, James Hughes, then director of the international business office of the State of Maryland, was approached by a group of Chinese-American scientists. They asked for his help with the first annual conference of their newly founded organization, the Chinese Biopharmaceutical Association, USA, or CBA. Hughes lent his support, getting the governor involved, recruiting high-profile ...

Chinese governors visit will test Xi-Obama summit

Thu, 20 Jun 2013 03:59:39 -0400

In a visit that promises to deepen relations with California, the governor of its Chinese sister-state, Jiangsu province, will visit the Bay Area on Monday. After a reception in San Francisco, governor Li Xueyong will visit Berkeley and witness the signing of a memorandum of understanding between Jiangsu's Department of Education and UC Berkeley on a cooperative education and training ...

Market Buzz Stocks tumble on Fed decision Chinese data

Thu, 20 Jun 2013 03:58:34 -0400

Russian markets are expected to lose about 2 percent in early trading on Thursday on the heels of weak data from China, as well as the US Federal Reserve's decision to start drawing down its aggressive stimulus program. After Fed Chair Ben Bernanke said that the central bank is seeing fewer risks to the US economy and labor market, traders rushed to preserve their earnings with ...

Europe shares fall on US stimulus fears China PMI

Thu, 20 Jun 2013 03:42:45 -0400

Euro STOXX 50 index fell 2 percent to 2,631.88 points. Mining stocks dominated the loserboard, falling on fresh signs of a slowdown in China - the world's biggest metals consumer - while Swiss luxury goods stocks Swatch and Richemont also fell which traders attributed to data showing a fall in Swiss exports. Global equity markets have fallen back from multi-year highs over the last month as ...

Pumping up power of consumption

Thu, 20 Jun 2013 03:35:19 -0400

Top economist sounds alert on overspending, report Andrew Moody and Lyu Chang in Beijing. Does China need to consume more? Despite the Chinese being famous across the world for snapping up luxury goods, household consumption as a share of GDP was 37.7 percent in 2011, according to the latest World Bank figures. That is far below the 65 to 75 percent in European countries and the United States. ...

Nikkei skids as weak China data Fed exit plans chill sentiment

Thu, 20 Jun 2013 03:26:16 -0400

* Nikkei down 1.7 pct, Topix off 1.3 pct as Fed comments hurt mood * China's weak flash PMI drags down China-related manufacturers * Real estate shares battered * Weak yen lends some support to currency-sensitive stocks By Tomo Uetake TOKYO, June 20 (Reuters) - Japan's Nikkei share average fell on Thursday as weak China data further unsettled markets coming to grips with Federal Reserve ...

RPT-WRAPUP 1-Asian markets hammered on China fears Fed exit plan

Thu, 20 Jun 2013 03:18:13 -0400

Thu Jun 20, 2013 3:18am EDT * MSCI Asia ex-Japan slides 3.5 pct in biggest drop since 2011 * HSBC China "flash" PMI surprisingly weak, PBOC still tight * Asian currencies take a bath, Indian rupee at record low * U.S. Treasury yields hit 15-mth high, underpin US dollar By Chikako Mogi and Wayne Cole TOKYO/SYDNEY, June 20 (Reuters) - Asian markets buckled badly on Thursday after the ...

REFILE-RESEARCH ALERT-China GDP Growth HSBC cuts 2013 2014 forecast

Thu, 20 Jun 2013 03:17:28 -0400

Thu Jun 20, 2013 3:17am EDT June 20 (Reuters) - June 20 (Reuters) - : * China GDP Growth Forecast: HSBC cuts 2013 forecast to 7.4% from 8.2%; cuts 2014 forecast to 7.4% from 8.4% * MSCI China index: HSBC cuts end-2013 target for index to 60 from 70 * Chinese stocks: HSBC cuts to neutral from ...

Chinese Astronaut Gives Live Video Lesson From Space

Thu, 20 Jun 2013 03:10:28 -0400

Wang Yaping, China's second female astronaut, is one of three crew members sent to space last week on the Shenzhou-10 spacecraft. She delivered her lecture from the Tiangong-1 experimental space lab, which China views as a prototype for a full-fledged space station. Wang participated in a question-and-answer session with students in a Beijing school. She also conducted a series of ...

China uses NSA revelations to highlight US hypocrisy on cyber security

Thu, 20 Jun 2013 03:10:22 -0400

After a week of silence, the Chinese government has begun to use the revelations of former CIA operative Edward Snowden about the National Security Agency's (NSA) vast electronic spying to hit back at the Obama administration's allegations of Chinese cyber hacking.Chinese foreign ministry spokeswoman Hua Chungying declared on Monday that the US "should pay attention to the ...

China manufacturing hits nine-month low in June

Thu, 20 Jun 2013 03:08:48 -0400

BEIJING (AFP) - China's manufacturing activity shrank again in June, HSBC said on Thursday, hitting a nine-month low and adding to concerns about the strength of the world's second biggest economy.The British banking giant said its preliminary purchasing managers' index (PMI) came in at 48.3, worse than May's final reading of 49.2 and its lowest since September.A reading below ...

Chinese astronauts twirl gyroscopes strike kung fu poses in students lecture from space

Thu, 20 Jun 2013 03:06:10 -0400

BEIJING -- Astronauts struck floating martial arts poses, twirled gyroscopes and manipulated wobbling globes of water during a lecture Thursday from China's orbiting space station that's part of efforts to popularize the space program among young people. Wang Yaping demonstrated principles of weightlessness and took questions live from among the 330 grade school kids gathered at a ...

Vietnam China Expand Joint Exploration in Gulf of Tonkin

Thu, 20 Jun 2013 03:04:23 -0400

HANOI - Vietnam and China have extended an agreement to jointly explore for oil and gas in the Gulf of Tonkin until 2016, while significantly expanding the area involved. The two sides started joint explorations in the gulf - led by state-owned Vietnam Oil & Gas Group, or PetroVietnam, and China National Offshore Oil Corp., or Cnooc - in November 2006. However, no reserves of commercial ...

FTSE 100 tumbles on U.S. stimulus fears China slowdown

Thu, 20 Jun 2013 03:03:55 -0400

LONDON, June 20 | Thu Jun 20, 2013 3:03am EDT LONDON, June 20 (Reuters) - UK stocks were dealt with a double-blow early on Thursday after the U.S. Federal Reserve signalled its intention to begin scaling back stimulus later this year, while data showed China growth continued to wane. Banks and miners were the sharpest fallers as London's blue chip index declined 98.59 points, or 1.6 ...

Hong Kong authorities investigate Snowden’s claims on U.S. cyber attacks

Thu, 20 Jun 2013 02:58:46 -0400

HONG KONG, June 20. /ITAR-TASS reporter Alexander Zyuzin /. An investigation into allegations of former CIA employee Edward Snowden that U.S. intelligence has been carrying out cyber attacks against local websites for a long time has begun in Hong Kong. This was reported by Hong Kong police. Experts conduct 24/7 monitoring of the main traffic exchange center, created and governed by the Chinese ...

Asian assets hammered on China fears

Thu, 20 Jun 2013 02:58:29 -0400

Tokyo - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month ...

Restaurant blast kills 3 injure 149 in N China

Thu, 20 Jun 2013 02:57:13 -0400

Onlookers are seen around the locale of a restaurant blast in Shuozhou City of north China's Shanxi Province, June 20, 2013. Blasts ripped through a restaurant in Shuozhou Wednesday night, killing three people and injuring 149 others. Photo: ...

Taiwan delegation arrives in Shanghai for cross-Straits talks

Thu, 20 Jun 2013 02:57:12 -0400

A delegation headed by Straits Exchange Foundation (SEF) Chairman Lin Join-sane arrived in Shanghai on Thursday for a new round of talks with mainland negotiators.The delegation was welcomed by Cheng Deming, president of the mainland-based Association for Relations Across the Taiwan Straits (ARATS).The talks will be the first of their kind to be held since the two sides' newly-elected ...

Chinas cabinet announces appointments

Thu, 20 Jun 2013 02:57:11 -0400

The State Council, China's cabinet, on Thursday announced a number of government appointments.Ding Wei was appointed vice minister of culture, replacing Zhao Shaohua.Hu Wei was appointed vice minister of the General Administration of Customs, replacing Wang Songhe.Xu Shaochuan was appointed deputy director of the State Administration of Work Safety.Li Wufeng was appointed deputy director of ...

China Panic Overnight Rate Hits 25

Thu, 20 Jun 2013 02:56:27 -0400

I lived and worked in Shanghai and Hong Kong for almost two decades and now write primarily on China, Asia, and nuclear proliferation. I am the author of two Random House books, The Coming Collapse of China and Nuclear Showdown: North Korea Takes On the World. My writings have appeared in The New York Times, The Wall Street Journal, Barron's, Commentary, and The Weekly Standard, among other ...

Hackers attack Shanghai university websites

Thu, 20 Jun 2013 02:54:43 -0400

/enpproperty--> Most of Shanghai's famous universities have had their websites attacked by hackers, as student candidates and their parents choose majors via the universities' official websites at the end of this year's national collage entrance examination, Shanghai Evening Post reported on Wednesday. The newspaper quoted Qihu360, a leading Chinese company specializing in ...

Students in China tune in for live space lecture

Thu, 20 Jun 2013 02:54:43 -0400

Students at the Cui Gang Middle School in Yangzhou city, Zhejiang province watch a live space lecture on June 20, 2013. Students across China watched the live space lecture, which began at 10 am. The lecture from space was a first in Chinese history. The special lecture was given by a teacher aboard China's space module Tiangong-1 to students on Earth. [Photo by Meng Delong ...

Shanghai government buys electric vehicles

Thu, 20 Jun 2013 02:54:21 -0400

/enpproperty--> The Shanghai municipal government has bought 10 electric vehicles as part of a government-sponsored project to encourage the use of energy-saving cars. The Roewe E50 model, which was selected for the first batch of EVs for official use in Shanghai, is a domestic battery-driven mini car developed by Shanghai Automotive Industry Corp, or SAIC. The car has advanced ...

China braces for natural disaster season

Thu, 20 Jun 2013 02:54:15 -0400

/enpproperty--> BEIJING - The National Commission for Disaster Reduction on Wednesday urged beefed-up efforts of prevention and response as the season arrives when China is susceptible to natural disasters. According to a commission circular, relevant departments and localities need to step up monitoring and early warning for possible disasters, and closely follow developments of disasters. ...

GM eyes 10 Chinas luxury car market by 20

Thu, 20 Jun 2013 02:54:13 -0400

/enpproperty--> General Motors Co said on Wednesday it aims to quadruple its share of China's luxury auto market to 10 percent by 2020 as the US automaker launches new Cadillac models and expands its distribution network in the world's largest car ...

UK envoy to Taiwan eyes further bilateral efforts

Thu, 20 Jun 2013 02:54:11 -0400

TAIPEI -- The United Kingdom is looking to further its cooperation with Taiwan in trade, energy and infrastructure, among other areas, the U.K. representative to Taiwan said Wednesday, three months after assuming his ...

Beckham charms Shanghai as he continues China visit

Thu, 20 Jun 2013 02:54:09 -0400

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Chinese medical team treats people in Brunei

Thu, 20 Jun 2013 02:54:08 -0400

/enpproperty--> A Chinese medical team on Wednesday continued to deepen cooperation with its international counterparts and to treat people in Brunei. The team is taking part in the first ASEAN Defense Ministers' Meeting Plus Humanitarian Assistance and Disaster Relief and Military Medicine Exercise. Thirty-five Chinese joined a field hospital as part of the joint exercise being held ...

Chinese firm forays into British yacht and hotel markets with US$1.6 bil. investment

Thu, 20 Jun 2013 02:54:05 -0400

BEIJING -- Chinese conglomerate Wanda Group announced Wednesday it will invest nearly US$1.6 billion to acquire British yacht maker Sunseeker and build London's tallest residential ...

Beijing urges Mideast peace efforts

Thu, 20 Jun 2013 02:53:59 -0400

/enpproperty--> China appealed for more efforts to resolve the Israeli-Palestinian issue as diplomats gathered in Beijing on Tuesday to seek solutions to the problem. "We need to redouble efforts to promote peace talks," Assistant Foreign Minister Ma Zhaoxu said at the United Nations International Meeting in Support of Israeli-Palestinian Peace. Diplomats, UN delegates, ...

Taiwan Eslite to open lifestyle store in Shanghai

Thu, 20 Jun 2013 02:53:59 -0400

/enpproperty--> The Eslite Spectrum Corp, a subsidiary of the Eslite Group from Taiwan, plans to open a lifestyle shop in the new landmark Shanghai Tower in the Lujiazui financial area. Eslite, the largest bookstore chain operators in Taiwan, signed a letter of intent with the Shanghai Tower Construction & Development Co Ltd in Taipei on Jun 19. According to the Shanghai Tower, Eslite ...

Hongjiang ancient commercial town in Chinas Hunan

Thu, 20 Jun 2013 02:53:43 -0400

The Hongjiang ancient commercial town is a characteristic scenic spot in China's Hunan Province.The town boasts more than 380 intact ancient structures erected during the Ming and Qing Dynasties, covering an area of 100,000 square meters. The buildings endured the ages with some wear, but they remain vivid reminders of the luxurious lifestyle of wealthy merchants. ...

China astronauts float water blob in kids lecture

Thu, 20 Jun 2013 02:43:08 -0400

BEIJING (AP) -- Astronauts struck floating martial arts poses, twirled gyroscopes and manipulated wobbling globes of water during a lecture Thursday from China's orbiting space station that's part of efforts to popularize the space program among young ...

Qualcomm targets China emerging markets with new lower-end Snapdragon chips

Thu, 20 Jun 2013 02:40:50 -0400

Chip maker Qualcomm is introducing six new processors meant for entry-level phones in China and emerging markets.The processors are part of Qualcomm's Snapdragon 200 class, a chip line that offers support for lower-end specs compared to the company's Snapdragon 400, 600 and 800 chip series, the company said Thursday.The six new processors lack support for 4G LTE, but are built for HSPA+ ...

China short-term interbank rates hit recordreport

Thu, 20 Jun 2013 02:39:10 -0400

HONG KONG (MarketWatch) -- Borrowing costs in China's interbank money markets surged on Thursday, with the rates on the overnight and seven-day repurchase agreements jumping to record highs, Reuters reported. The rate on the benchmark weighted-average seven-day repurchase, or repo, soared 3.80 percentage points to a record high of 12.06%, while the rate on the overnight repo rate spiked even ...

China HSBC PMI suggests slowdown intensifying

Thu, 20 Jun 2013 02:38:25 -0400

The flash estimate for the HSBC manufacturing PMI dropped to 48.3 in June (consensus: 49.1, DBM: 49.0) from a final reading of 49.2 in May. This is the third month in a row with a decline in the HSBC manufacturing PMI and it is now at its lowest level since September 2012. The details remained weak with new orders declining to 47.1 from 48.7 and export orders plunging to 44.0 from 48.9 in May. ...

Chinas orbiting astronauts take questions from students in bid to popularizes space program

Thu, 20 Jun 2013 02:35:22 -0400

BEIJING, China - China has held its first classroom lecture from its orbiting space station as part of efforts to popularize the successful manned space flight program among young people. Female astronaut Wang Yaping took questions live from among 330 elementary and middle school students at a Beijing high school during the 51-minute class from aboard the Tiangong 1 prototype space station on ...

Shenzhou X astronaut gives lecture today

Thu, 20 Jun 2013 02:26:59 -0400

A special lecture began Thursday morning, given by a teacher aboard China's space module Tiangong-1 to students on Earth. Female astronaut Wang Yaping, one of the three crew members of Shenzhou-10 spacecraft, greeted about 330 primary and middle school students at ...

Seoul shares end near 11-month low China outlook Fed weigh

Thu, 20 Jun 2013 02:12:28 -0400

SEOUL, June 20 | Thu Jun 20, 2013 2:12am EDT SEOUL, June 20 (Reuters) - Seoul shares fell 2 percent to end at its lowest in nearly 11 months on Thursday, as the U.S. Federal Reserve signalled an eventual reduction of easy money and China's factory activity hit a nine-month low. The Korea Composite Stock Price Index ended down at 1,850.49 points. The market's key components were ...

China shares extend losses CSI300 dips below December lows

Thu, 20 Jun 2013 02:10:58 -0400

HONG KONG, June 20 | Thu Jun 20, 2013 2:10am EDT HONG KONG, June 20 (Reuters) - China shares extended losses on Thursday after a preliminary survey of manufacturing activity in the mainland in June came in at a nine-month low, aggravating jitters from a cash squeeze that is threatening to overwhelm the interbank market. At 0601 GMT, the CSI300 of the leading Shanghai and Shenzhen ...

2 hotpot restaurants named on Shanghais first food safety blacklist

Thu, 20 Jun 2013 01:59:12 -0400

Food safety authorities blacklisted two restaurants and 13 individuals working in the food industry Wednesday, marking the first time they have published their monthly blacklist since the system was introduced last year. The companies and individuals were blacklisted for violating food safety law, according to the Shanghai Municipal Food Safety Committee Office, which posted the blacklist and ...

China Sentences Uighurs to Jail on Religious Extremism Charges

Thu, 20 Jun 2013 01:57:07 -0400

Chinese courts in the predominantly Muslim, northwest region of Xinjiang have sentenced 19 ethnic Uighurs to prison for inciting religious extremism and other related ...

China Manufacturing Contraction Deepens In June

Thu, 20 Jun 2013 01:52:14 -0400

China's manufacturing activity contracted at a faster pace in June, reducing the prospects of a promising economic recovery, preliminary results of a survey by Markit Economics and HSBC revealed Thursday. The flash manufacturing purchasing managers' index fell to 48.3 in June from 49.2 in May. The index is now at its lowest level in nine months. Readings below 50 suggest contraction of ...

China astronaut teaches lesson from space

Thu, 20 Jun 2013 01:46:46 -0400

Crew members of Shenzhou-10 (back L-R) Wang Yaping, Nie Haisheng and Zhang Xiaoguang attend a press conference in Jiuquan, northwest China’s Gansu province on June 10, 2013. China is to send its second woman astronaut into orbit on its longest mission yet, space officials said on June 10, as the country works towards building a space station. AFP PHOTO BEIJING – A Chinese astronaut ...

China astronaut No UFOs yet

Thu, 20 Jun 2013 01:45:18 -0400

In China's first "space class", the country's second female astronaut in space Thursday says she and her crewmates haven't seen any UFOs during the space trip.Female astronaut Wang Yaping, one of the three crew members of Shenzhou-10 spacecraft, greeted about 330 primary and middle school students at a Beijing high school, through a live video feed system, about 340 km ...

New China directive ‘Look in mirror ... take a bath’

Thu, 20 Jun 2013 01:41:06 -0400

BEIJING - China’s new leader Xi Jinping is commanding wayward Communist Party cadres to purify themselves of corruption, and he’s summed it up in a pithy slogan as Mao Zedong might have done: Look in the mirror, take a bath. China’s leadership wants to show a cynical public that it’s modernizing and serious about graft, but it appears to be favoring a top-down ideological ...

Europe Factors to Watch-Shares set to sag after Fed China PMI

Thu, 20 Jun 2013 01:26:20 -0400

PARIS, June 20 (Reuters) - Financial spreadbetters expect Europe's main stock indexes to drop on Thursday, tracking losses on Wall Street after U.S. Federal Reserve Chairman Ben Bernanke confirmed the Fed would begin winding down its stimulus spending later this year. They expect London's FTSE 100 to open around 100 points lower, down 1.6 percent, Frankfurt's DAX 95 to 98 points ...

Chinese tourists abuse of dying dolphin creates wave of public outrage

Thu, 20 Jun 2013 01:23:19 -0400

SANYA, Hainan - Tourists abused an injured dolphin that was beached in south China on Sunday, resulting in the animal's death as well as a wave of public outrage. The dolphin, which had sustained an injury to its tail fin, was found stranded on the beach of the Dadonghai resort complex in Sanya, Hainan Province, on Sunday evening, and tourists lifted it out of the water so they could take ...

China factory activity hits 9-month low policy action eyed

Thu, 20 Jun 2013 01:20:43 -0400

BEIJING:China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy. ...

China Manufacturing Contracts to Lowest Level in 9 Months

Thu, 20 Jun 2013 00:58:05 -0400

HONG KONG ...

China jails Uighurs for online extremism

Thu, 20 Jun 2013 00:38:50 -0400

Xinjiang have sentenced 19 ethnic Uighurs to up to six years in jail for promoting racial hatred and religious extremism online, in the latest crackdown on what China sees as violent separatists.All but one of those jailed were from the heavily Uighur southern part of Xinjiang, including eight from the old Silk Road city of Kashgar, the Justice Ministry's official newspaper Legal Daily ...

Blasts rip through restaurant in North China

Thu, 20 Jun 2013 00:38:44 -0400

A fire fighter searches for survivors at the blast accident scene at a restaurant in Shuozhou City, north China's Shanxi Province, June 19, 2013. Blasts ripped through a restaurant in Shuozhou Wednesday night, killing two people and injuring over 150 others. The explosion of natural gas pipes was suspected to be the cause of the accident after an initial investigation. Photo: ...

Taiwan negotiators head to mainland for cross-Straits talks

Thu, 20 Jun 2013 00:38:42 -0400

A Straits Exchange Foundation (SEF) delegation headed by chairman Lin Join-sane left Taipei for east China's Shanghai Municipality on Thursday to attend the ninth round of cross-Strait talks.On Friday, Lin will hold talks with Chen Deming, president of the mainland-based Association for Relations Across the Taiwan Straits (ARATS).During the talks, the two sides will review the implementation ...

Chinese astronauts talk water use space junk protection

Thu, 20 Jun 2013 00:38:13 -0400

In the interactive exchanges with students back on the Earth, Chinese astronauts aboard the Tiangong-1 orbiter also answered questions related to water use in spacecraft, space debris protection measures, ways to deal with gravity-free environment as well as space ...

Chinese astronauts send regards to students

Thu, 20 Jun 2013 00:38:13 -0400

China's three astronauts sent best regards to students back on the Earth at the end of the country's first "space class.""I wish all you students will study hard and gain knowledge and add luster to the Chinese dream," says Nie Haisheng."The outer space is deep and has numerous mysteries. The exploration is limitless and let us make joint efforts in this ...

Chinas first space class ends

Thu, 20 Jun 2013 00:38:12 -0400

China's first "space class" ended at about 10:51 am Thursday. The astronauts will continue to stay in the Tiangong-1 orbiter to conduct space science and technology ...

China Lending Crisis Not For New Industries Says Premier

Thu, 20 Jun 2013 00:37:59 -0400

Suntech power was the first Chinese corporation to ever default on its debt; this one a $531 million loan. China's solar power industry is running on overcapacity...and running on empty. Industries like this will struggle to get capital and will either merge with others or go out of business. China's Premier Li Keqiang said the government has to be mindful of lending, and where it ...

Chinese vendor makes no easy money in NYC

Thu, 20 Jun 2013 00:36:11 -0400

A woman has denied that her husband Xie Yunfeng earns hundreds of dollars a day by selling snacks in front of Columbia University in New York City. Xie's story became popular after his story was posted to Sina Weibo, a Twitter-like micro-blog, by local Chinese blogger Paichangweihua. The Chinese vendor traveled to New York City from Luo Yuang city, Henan province, and speaks very little ...

Make-up of Chinese President Xis inner circle emerges

Thu, 20 Jun 2013 00:35:51 -0400

He came into power with few men he could call his own, but now the make-up of Chinese President Xi Jinping's inner circle is getting clearer - and bigger. Since he became China's most powerful man last November, the Chinese Communist Party (CCP) chief has been quietly inducting loyalists into his rarefied circle to advise him on policy issues, among other tasks. Mostly Xi's ...

A glimpse into old Beijing

Thu, 20 Jun 2013 00:34:59 -0400

Recently, the "Beijing 100 Years Ago" Sidney Gamble Photography Exhibition was launched at the Beijing Capital Library of China. Over 100 pictures taken by Sidney of life, culture, and architecture in Beijing from 100 years ago will be displayed. The exhibition is a joint project between Duke University and the Capital Library of China. It is being held as part of several activities ...

The China Dream a far cry from the American Dream - its Meng

Thu, 20 Jun 2013 00:34:57 -0400

The difference between what Western media thinks China dreams and what China actually says is of great significance for the future global language. China should compete for her names as she competes for everything ...

Homesick causes Ramirez to quit Taiwan team

Thu, 20 Jun 2013 00:23:47 -0400

Taiwanese baseball club The Rhinos say former major league slugger Manny Ramirez is leaving the club after only 49 games because he misses his family in New York. The Rhinos said it unsuccessfully tried to keep Ramirez in Taiwan, including raising his monthly pay to almost US$60,000 from US$25,000, AP reports. Ramirez signed up to play the March to November season with the Rhinos in Kaohsiung, ...

China factory output sinks to nine-month low

Thu, 20 Jun 2013 00:23:47 -0400

(50 mins ago) China's manufacturing activity shrank again in June, according to the readings of an index, which hit a nine-month low. The preliminary purchasing managers' index compiled by HSBC came in at 48.3, worse than May's final reading of 49.2 and its lowest since September. A reading below 50 indicates contraction, while anything above signals expansion. The index tracks ...

Asia Markets Asia stocks take double hit from Fed China data

Thu, 20 Jun 2013 00:20:07 -0400

HONG KONG (MarketWatch) -- Asian stocks fell Thursday as data showed Chinese manufacturing activity deteriorating further in June, adding to the selling pressure after the Federal Reserve signaled it may wind down its bond purchases if the U.S. economy continued to ...

Lawmaker university spar over control of Chinese dissident in U.S.

Thu, 20 Jun 2013 00:18:40 -0400

WASHINGTON (Reuters) - A U.S. congressman who has been blind Chinese dissident Chen Guangcheng's main champion in Washington said people working for New York University have tried to keep him from meeting Chen, barging into a meeting on Capitol Hill and pulling Chen out on one ...

China jails 11 for inciting extremism related crimes in Muslim region before riot anniversary

Thu, 20 Jun 2013 00:16:52 -0400

BEIJING, China - Chinese courts have sentenced 11 people for inciting religious extremism and related crimes in the northwestern Muslim region of Xinjiang, just weeks ahead of the anniversary of bloody ethnic rioting that spread through the region four years ago. The Justice Ministry's official newspaper Legal Daily said Thursday that Aihetaimu Heli was given the harshest sentence of six ...

Chinas money rates hit record PBOC squares off with market players

Wed, 19 Jun 2013 23:57:56 -0400

* PBOC refuses to use reverse repos to inject money * No easing despite signs of economic slowdown * C.bank aims to force institutions to de-leverage - traders * Panic prevails among some small institutions - traders * But conditions expected to improve from mid-July By Lu Jianxin and Gabriel Wildau SHANGHAI, June 20 (Reuters) - China's interbank funding costs surged again on Thursday, with ...

Putin to meet with Dutch premier deputy Chinese premier on sidelines of Petersburg economic forum

Wed, 19 Jun 2013 23:35:23 -0400

MOSCOW, June 20 (Itar-Tass) - Russian President Vladimir Putin will take part in the Petersburg International Economic Forum. On Thursday afternoon, he will hold talks with Dutch Prime Minister Mark Rutte who will stay as an honorary guest of the forum, presidential aide Yuri Ushakov said. The president then plans a brief meeting with Chinese Vice Premier Zhang Gaoli. Putin will attend the ...

Gold price closes lower in Hong Kong on June 19

Wed, 19 Jun 2013 23:33:18 -0400

The gold price in Hong Kong moved down 100 HK dollars to close at 12,750 HK dollars per tael on Wednesday, according to the Chinese Gold and Silver Exchange Society.The price is equivalent to 1,379.20 US dollars a troy ounce, down 10.82 US dollars at the latest exchange rate of 1 US dollar against 7.76 HK ...

China Russia face sanctions in wake of US world human trafficking report

Wed, 19 Jun 2013 23:33:12 -0400

US Secretary of State John Kerry speaks during an event releasing the Annual Trafficking in Persons Report (TIP) Report at the State Department in Washington, DC, June 19, 2013. The United States on Wednesday downgraded China, Russia and Uzbekistan to the bottom of a US table for failing to make greater efforts to combat human trafficking, a move that may spark sanctions. (Saul Loeb/AFP/Getty ...

Hong Kong warns of vitamin C knock-off

Wed, 19 Jun 2013 23:30:50 -0400

Hong Kong health authorities have issued a warning that a popular medicine on the mainland may contain ingredients that do not match what is listed on the bottle. In an announcement on Tuesday, the Hong Kong Department of Health said it suspects the product may have caused a woman to suffer a breakdown of muscle fibers. According to the department, the suspicious product's label shows ...

Chinese woman killed in robbery in S Africa

Wed, 19 Jun 2013 23:30:24 -0400

/enpproperty--> Two suspects were arrested on Tuesdayfor allegedly killing and robbing a Chinese female national in Kokstad, South Africa, according to Xinhua. The 24-year-old Chinese shopkeeper was robbed and stabbed bythree men while she was at work in Ibisi, Kokstad on June 17. The men fled with a computer monitor, cigarettes and airplane vouchers. After a two-day manhunt by police, two ...

Daimler creates China sales unit at Stuttgart HQ

Wed, 19 Jun 2013 23:30:16 -0400

German automobile giant Daimler AG, which owns the Mercedes-Benz car brand, has established a special sales unit in its Stuttgart headquarters dedicated to growing vehicle sales in China, amid a slowdown in China's luxury car ...

Shanghai GM to build Cadillac plant in China

Wed, 19 Jun 2013 23:30:14 -0400

Shanghai General Motors Co. will build a Cadillac plant and a pan-Asia technical automotive center in Shanghai, sources with the company said at a groundbreaking ceremony held for the plant on ...

Egg carving handicrafts made by Chinese villager

Wed, 19 Jun 2013 23:30:05 -0400

Photo taken on June 19, 2013 shows egg carving handicrafts made by Pu Derong, a man from Dongzhuangtou Village in Zhuozhou City, north China's Hebei Province. Pu, who started egg carving in 1995, have won several awards in various contests and exhibitions. (Xinhua/Wang ...

Alpine azalea flowers seen near Segrila Mountain in Nyingchi Chinas Tibet

Wed, 19 Jun 2013 23:30:04 -0400

Photo taken on June 19, 2013 shows alpine azalea flowers near the Segrila Mountain in Nyingchi, southwest China's Tibet Autonomous Region. Alpine azalea flowers grown at an altitude between 2,500 meters and 4,000 meters have been in full bloom recently. (Xinhua/Wen ...

Negative Chinese manufacturing data rattles markets hurts Australian dollar

Wed, 19 Jun 2013 23:28:05 -0400

China A slide in a key Chinese manufacturing index has dented the Australian share market and local currency, by fuelling concerns that Australia's biggest export market is slowing.HSBC's monthly Purchasing Managers Index (PMI) for manufacturing fell from 49.2 in May to 48.3 in June, which is a nine-month low.Output also dropped, from 50.7 to 48.8 last month, which is an eight-month ...

Polluting to death China introduces execution for environmental offenders

Wed, 19 Jun 2013 23:25:45 -0400

Politics China has introduced "harsher punishments" for breaking the nation's environmental protection laws: reckless violators of pollution standards in the world's biggest and fastest-growing economy now face execution. A new judicial interpretation taking effect on Wednesday has tightened Chinese "lax and superficial" enforcement of environmental protection ...

$A dives after Fed comments Chinese data

Wed, 19 Jun 2013 23:19:05 -0400

The Australian dollar has fallen to a two-and-a-half-year low after the US central bank said it could soon start scaling back its economic stimulus and following weak Chinese manufacturing data. At 1200 AEST on Thursday, the local unit was trading at 92.62 US cents, down from 94.92 cents on Wednesday. Early on Thursday morning, AEST, US Federal Reserve chairman Ben Bernanke said that if the ...

Economic Report China factory activity slowing further in June

Wed, 19 Jun 2013 23:14:59 -0400

LOS ANGELES (MarketWatch) -- China's manufacturing sector was slowing further in June, according to HSBC's preliminary results from its monthly survey, released ...

China manufacturing shrinks

Wed, 19 Jun 2013 23:13:39 -0400

A SURVEY shows manufacturing in China contracted this month on weakening demand, adding to fears about the strength of the recovery in the world's second-biggest economy. HSBC on Thursday said the preliminary version of its monthly purchasing managers index fell to a nine-month low of 48.3 in June. That's down from 49.6 in May. Numbers below 50 indicate a contraction. June factory output ...

China manufacturing shrinks

Wed, 19 Jun 2013 23:13:39 -0400

China manufacturing shrinks

Wed, 19 Jun 2013 23:13:39 -0400

China manufacturing shrinks

Wed, 19 Jun 2013 23:13:39 -0400

China overnight repo rate surpasses 13 pct highest on record

Wed, 19 Jun 2013 23:09:31 -0400

SHANGHAI, June 20 | Wed Jun 19, 2013 11:09pm EDT SHANGHAI, June 20 (Reuters) - A key interbank lending rate in China's money market reached its highest level in at least 10 years on Thursday. The weighted-average one-day bond repurchase rate reached 13.1 percent On Thursday morning, the highest level since Reuters' historical data series began. A severe liquidity squeeze has hit ...

REPEAT-GLOBAL MARKETS-Asian stocks tumble on weak China PMI Fed policy plan

Wed, 19 Jun 2013 23:03:09 -0400

Wed Jun 19, 2013 11:03pm EDT * MSCI Asia ex-Japan slides 2.8 pct to 9-month low * U.S. Treasury yields hit 15-mth high, underpin dollar * China "flash" PMI hit 9-month lows * Asian credit market spreads widen 23 points By Chikako Mogi TOKYO, June 20 (Reuters) - Asian shares tumbled to nine-month lows on Thursday as slowing Chinese manufacturing activity exacerbated sentiment already ...

Chinese Character Goat Sheep

Wed, 19 Jun 2013 22:35:42 -0400

In Chinese, the same character ? (yng) is used to refer to both the sheep and the goat. The character is a pictogram that depicts the head of the animal, with its two horns at the top as a dominant feature. The horizontal stroke below the horns depicts the ears, while the rest of the character represents the face. In traditional Chinese culture, ? (yng) is considered a symbol of auspiciousness, ...

China The Dark Side of Growth

Wed, 19 Jun 2013 22:35:41 -0400

Emerging from the ranks of one of the world's poorest nations to second only to the United States, China is destined for a place in history books. But history may also record the heavy price paid by Chinese people and will continue to pay for years to come. China's steady rise against the backdrop of a sluggish global economy has emboldened Chinese leaders to claim firm confidence in ...

Chinese Idiom A Wild Goose Carries a Message From Afar

Wed, 19 Jun 2013 22:35:40 -0400

A Canada goose flies under a clear blue sky. In traditional Chinese culture, the wild goose symbolizes a letter or an exchange of correspondence due to its use by the ancient Chinese to carry messages over long distances. (Janet ...

Chinese students wait for class from space

Wed, 19 Jun 2013 22:26:29 -0400

About 330 primary and middle school students at a Beijing high school are eagerly waiting for their teacher to begin a class from the space on Thursday morning.The special lecture will begin in a few minutes, given by female astronaut Wang Yaping, one of the three crew members of Shenzhou-10 spacecraft, through a live video feed system.The students are gathering at the High School Affiliated to ...

Chinas largest search-and-rescue ship to visit Sydney

Wed, 19 Jun 2013 22:26:28 -0400

China's largest search and rescue vessel will visit Australia this week on its first international voyage.The MV Haixun 01 will arrive at Sydney's Garden Island port on Saturday, where it will remain till June 28.The ship will then head north to Australia's tropical paradise Cairns, which it will call home for four days during the Asia- Pacific Heads of Maritime Safety Agencies ...

Sovereignty of countries should be respected in using resources China

Wed, 19 Jun 2013 22:26:27 -0400

A Chinese diplomat on Wednesday said that all countries have indisputable sovereignty over the resources within their territory, stressing the importance of the relationship between natural resources and prevention of conflicts.Wang Min, China's deputy permanent representative to the UN, made the remarks at a Security Council meeting on conflict prevention and natural resources."Natural ...

Chinese vice premier in Russia to strengthen ties energy cooperation

Wed, 19 Jun 2013 22:26:26 -0400

Chinese Vice Premier Zhang Gaoli arrived here Wednesday to strengthen ties and energy cooperation with Russia, aiming to give a new impetus to the unprecedented high level of relations between the two neighboring giants.Zhang's visit, a swift follow-up to the successful summit in Moscow between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin in March, is designed to ...

Chinese FM says Xi-Obama summit very successful

Wed, 19 Jun 2013 22:26:25 -0400

The first summit between Chinese President Xi Jinping and his US counterpart, Barack Obama, in California earlier this month was very successful, Chinese Foreign Minister Wang Yi said Wednesday.Xi and Obama agreed to build a new model of major-power relations based on mutual respect, cooperation and all-win results, Wang told US Secretary of State John Kerry in a telephone conversation.The ...

Speeding blamed for Taiwan road accident

Wed, 19 Jun 2013 22:26:25 -0400

Speeding caused a road accident that occurred around 2 pm Wednesday in Taiwan, leading to one local tour guide killed and seven mainland visitors injured, said local road authorities.The excessive speed caused the bus skid and hit side slope after veering off the road in southwestern Taiwan's Chiayi County. The event date recorder on the bus revealed that the speed at the time of the ...

Xi China Vietnam should follow path of friendly cooperation

Wed, 19 Jun 2013 22:26:22 -0400

Chinese President Xi Jinping (L) and Vietnamese President Truong Tan Sang wave during a welcoming ceremony in Beijing, capital of China, June 19, 2013. Photo: XinhuaChinese President Xi Jinping on Wednesday urged China and Vietnam to "unswervingly march together along the path of friendly cooperation" despite distractions.Xi made the comments during his three-hour-long talks with ...

Chinas interbank rates swing back to high level

Wed, 19 Jun 2013 22:26:18 -0400

Borrowing costs between Chinese banks soared Wednesday after a brief retreat from high levels, suggesting the market remains concerned of a liquidity shortage.Shanghai Interbank Offered Rate (SHIBOR) overnight rate surged 216.9 base points to 7.66 percent, reversing from downwards in the last two days. The SHIBOR overnight rate hit a record high at 9.58 percent last week before plunging to 4.81 ...

Australian entrepreneurs eager to benefit from Chinas booming demand

Wed, 19 Jun 2013 22:26:16 -0400

Around 100 Australian entrepreneurs gathered in Melbourne Wednesday to find out how to seize the golden opportunities emerging from China's booming economy and demand, especially during Beijing's 12th five-year plan.The Australia-China Business Week forum, also attended by officials from the Chinese Consulate-General in Melbourne and government of the Victoria State, as well as some ...

Beckham meets fans in Shanghai

Wed, 19 Jun 2013 22:26:07 -0400

Fans wait for David Beckham outside Shanghai Shenxin Football Club, in Shanghai east China, June 19, 2013. David Beckham is on a seven-day visit to China as the ambassador for the Football Programme in China and China's Super League. (Xinhua/Fan ...

Liquidity crunch to plague China

Wed, 19 Jun 2013 22:23:48 -0400

BEIJING - The recent interest rate increases in China's inter-bank market have raised concerns over a liquidity crunch, but experts have viewed it in the context of weak economic recovery and argued that liquidity is ...

Most costly takeover boosts Chinas dairy restructuring

Wed, 19 Jun 2013 22:23:46 -0400

Yashili milk formula products at an expo in Beijing in July. Yashili was ranked eighth in China's milk formula market and had a growth rate of 35.8 percent last year. [Photo / Provided to China ...

A classical Chinese garden adorns Washington DC

Wed, 19 Jun 2013 22:23:30 -0400

A classical Chinese garden will be installed at the US National Arboretum in Washington DC, in a joint collaboration between China and the United States. Featuring a series of open pavilions, a pond and traditional Chinese buildings with Ming (1368-1644) and Qing (1644-1911) style furnishings, the garden will showcase Chinese flora and landscaping, and will be open to the public. "Our goal ...

Fishing boat capsizes off Taiwan 6 rescued

Wed, 19 Jun 2013 22:23:26 -0400

/enpproperty--> TAIPEI - Six crew members have been rescued after their fishing boat capsized off the coast in northern Taiwan's Keelung city on Wednesday, according to local cost guard authorities. The accident happened after the Yilan-registered ...

1 dead 8 injured in Taiwan road accident

Wed, 19 Jun 2013 22:23:25 -0400

/enpproperty--> TAIPEI - One person died and eight others were injured in a road accident that occurred Wednesday in central Taiwan's Alishan Scenic Area, a local travel agency said. A bus fell off a roadside mountain slope at 2 pm, killing a tour guide and injuring eight tourists from the Chinese mainland, the agency said. The injured were rushed to a nearby hospital, according to the ...

Coming soon Chinas first space lecture

Wed, 19 Jun 2013 22:23:19 -0400

Wang Yaping, the female crew member among three ';taikonauts,'; will broadcast a lecture to students throughout China about physics from a space ...

Netizens divided over China dog meat festival

Wed, 19 Jun 2013 22:23:14 -0400

An animal rights group has failed to stop a festival in southern China dedicated to dog meat, which has garnered much media attention and divided China's internet community in recent ...

Philippines mending ties with Taiwan

Wed, 19 Jun 2013 22:22:30 -0400

After the outburst of public anger, amplified by official outrage orchestrated by an unpopular government, Taiwan is sounding less bellicose these days. Perhaps President Ma Ying-Jeou and his advisers think they have forced the Philippines into a corner. They would be wrong. After the shooting death of Taiwanese fisherman Hung Shih-chen on May 9, in Philippine waters, it was incumbent on the ...

China maintains cautious monetary stance

Wed, 19 Jun 2013 22:22:27 -0400

The Chinese central government said on Wednesday it will continue its prudent monetary stance while the world's second-largest economy slows down, with the market seeing its worst cash crunch in at least seven years. In a statement after a meeting chaired by Premier Li Keqiang, the State Council, China's cabinet, said the economy is generally stable. The prudent monetary stance should ...

Chinese army police face Xi’s broom

Wed, 19 Jun 2013 22:20:22 -0400

People's Liberation Army and armed police has come under pressure in China to curb extravagant lifestyles and corrupt practices of some officers following a diktat issued by the country's ...

UPDATE 1-China June flash HSBC PMI hits 9-month low on weak demand

Wed, 19 Jun 2013 22:11:46 -0400

Wed Jun 19, 2013 10:11pm EDT By Kevin Yao BEIJING, June 20 (Reuters) - China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening risks that a second quarter slowdown could be sharper than expected and raising the heat on the central bank to loosen policy. The flash HSBC Purchasing Managers' Index fell to 48.3 in June from ...

Chinese military under pressure after Xis cleansing drive

Wed, 19 Jun 2013 21:55:14 -0400

People's Liberation Army and armed police has come under pressure in China to curb extravagant lifestyles and corrupt practices of some officers following a diktat issued by the country's ...

Hong Kong shares to open down 1.5 pct property counters sink

Wed, 19 Jun 2013 21:29:17 -0400

HONG KONG, June 20 | Wed Jun 19, 2013 9:29pm EDT HONG KONG, June 20 (Reuters) - Hong Kong shares were poised to open on Thursday near their lowest level since September, with interest rate-related counters such as property developers down after the U.S. Federal Reserve signalled it could reduce its stimulus later this year. The Hang Seng Index was set to open down 1.5 percent at ...

Chinas Li Na reaches last eight without play

Wed, 19 Jun 2013 21:20:57 -0400

China's Li Na advanced to the quarter-finals of the Eastbourne International tennis tournament on Wednesday as her French opponent Marion Bartoli pulled out due to a viral infection.Li, the second seed, was told by her coach 10 minutes before the match kicked off.Bartoli, ranked 15th in the world and the 2011 champion, said in a statement, "I'm really disappointed to have to ...

China launches Wushu Carnival for diplomats

Wed, 19 Jun 2013 21:20:55 -0400

Wushu has opened its arms to the foreign diplomats as the Wushu Carnival with the Diplomatic Corp in China kicked off here at the China Foreign Affairs University (CFAU) on Wednesday.Ambassadors, officials and staffs at the foreign embassies in Beijing may join the Wushu class every Sunday afternoon at CFAU, learning Tai-chi, Bagua, Shaolin...etc.The three-month Wushu Carnival will end on late ...

Sudanese president receives Chinas representative on African

Wed, 19 Jun 2013 21:20:45 -0400

Sudanese President Omar al-Bashir on Wednesday received the Chinese government's representative on African affairs Zhong Jianhua.According to a statement by the Chinese embassy in Khartoum, during the talks, the two sides exchanged view points on bilateral relations and the situations between Sudan and South Sudan.Also on Wednesday, Zhong held talks with Sudanese Presidential Assistant Nafie ...

China Vietnam establish fishery hotline

Wed, 19 Jun 2013 21:17:15 -0400

Agricultural authorities from Beijing and Hanoi agreed on Wednesday to establish a fishery emergency hotline, as the leaders of the two countries vowed to prevent disputes from derailing ties. On his first official trip to China, Vietnamese President Truong Tan Sang and President Xi Jinping also witnessed the signing of another nine agreements in areas including defence, economy and public ...

DHL setting its sights on Chinas western regions

Wed, 19 Jun 2013 21:16:06 -0400

tsche Post DHL, one of the first foreign courier companies to enter China, will tailor its services for the country's booming western regions, a top company executive said on Tuesday. A growing number of enterprises are relocating to these regions to better manage costs and increase efficiency. The company, with headquarters in Bonn, Germany, will provide a range of solutions, including ...

Ghost tale becomes best seller in atheist China

Wed, 19 Jun 2013 21:15:16 -0400

BEIJING: A novel with a ghost as the narrator has become a best seller in China, attracting orders of nearly a million within days of its release. The popularity of the novel, 'The Seventh Day', is surprising because China's Communists have battled superstitious beliefs in ghosts and afterlife for over five decades. It is becoming popular become the novel taps into public anger ...

Hong Kong firm buys into London site

Wed, 19 Jun 2013 21:12:43 -0400

A historic Hong Kong hotel business is poised to make its first move into London after agreeing to spend 132.5m on a half-share of a new site near Hyde Park ...

Japanese exports rise to US and China as the currency tumbles

Wed, 19 Jun 2013 21:12:42 -0400

Japanese Prime Minister Shinzo Abe's "shock and awe" tactics to revive the world's third biggest economy paid off in May with the biggest rise in exports since ...

PRESS DIGEST - China - June 20

Wed, 19 Jun 2013 21:10:33 -0400

SHANGHAI, June 20 | Wed Jun 19, 2013 9:10pm EDT SHANGHAI, June 20 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Thursday. Reuters has not checked the stories and does not vouch for their accuracy. CHINA SECURITIES JOURNAL - China Securities Regulatory Commission will introduce new policies to simplify administrative approvals for ...

Kobe Bryant Statue in China Sets Twitter Abuzz

Wed, 19 Jun 2013 21:03:01 -0400

L.A. Lakers Player Beats Strange Defamation Claim Over TMZ-Related Tweet Outside the Guangzhou Academy of Fine Arts' Sculpture Museum stands the seemingly misplaced statue of Bryant, dressed in his Lakers uniform with a basketball under his ...

Asian mkts fall on Bernanke comments China data eyed

Wed, 19 Jun 2013 20:59:29 -0400

US stocks tumbled more than 1 per cent on Wednesday and benchmark 10-year US Treasury yield surged 17 basis points to 2.355 per cent, its highest in 15 months, while the dollar advanced broadly on the back of rising yields. Bernanke said on Wednesday the US economy is expanding strongly enough for the Fed to begin slowing the pace of its $85 billion monthly purchases of Treasuries and ...

Op-Ed Contributor Why India Trails China

Wed, 19 Jun 2013 20:52:55 -0400

CAMBRIDGE, Mass. ...

Air quality in major cities drops in May

Wed, 19 Jun 2013 20:52:01 -0400

red cities met the required standards set by the Ministry of Environmental Protection in 60.1 percent, or 18.63, of the 31 days in May. This is down 3.4 percentage points from the previous month, the ministry said in a report. These cities had on average 0.68 heavily polluted day, or 2.2 percent of the days last month, up 0.2 percentage point from April, according to the ministry. Pollution in ...

US Criticizes China Russia in Fight Against Human Trafficking

Wed, 19 Jun 2013 20:27:11 -0400

The United States has declared China and Russia among the worst countries in fighting human trafficking, a designation that could lead to sanctions against both nations. In its annual report on human trafficking released Wednesday, the U.S. State Department downgraded China and Russia, along with Uzbekistan, to the lowest possible U.S. rating, known as Tier Three. Iran, North Korea, Cuba, ...

Chinese Film Projectionists Once Propaganda Stalwarts Say They’re Through With Party

Wed, 19 Jun 2013 20:24:44 -0400

Canadian Falun Gong practitioners participate in a parade to celebrate people who have quit the Chinese Communist Party, such as the 5,000 film ...

Chinese Official in Sex Tape Scandal Goes to Trial

Wed, 19 Jun 2013 20:24:43 -0400

Former Chinese official Lei Zhengfu, shown in a propaganda photo of him taken in 2011. Lei, who is being tried in court on Wednesday, was involved in a sex tape scandal last November that earned him Internet infamy overnight. ...

Chinese students eye Australia to learn

Wed, 19 Jun 2013 20:23:20 -0400

Educators in Australia can expect a surge of Chinese students over the next decade, a new survey has found.An HSBC survey conducted by Nielson found that although only 10 per cent of Chinese respondents are studying abroad today, this is expected to jump to 68 per cent in the next five to 10 years.The survey of 1000 mainland Chinese respondents showed that of those with overseas education ...

Photos Stan Lees comic book convention and new superheroes for China India

Wed, 19 Jun 2013 20:18:25 -0400

Jamaal Hardy, left, and Gus Hardy pose with characters Ross Johnson, dressed as Wolverine, and Daniel Castro, dressed as Iron Man, at the Amazing Las Vegas Comic Con at the South Point Saturday, June 15, ...

Growing Number Of Rich Chinese Helping To Spur Countrys Overseas Investments

Wed, 19 Jun 2013 20:15:04 -0400

Chinese billionaire Wang Jianlin thrust his Dalian Wanda Group into the headlines in Europe yesterday with $1 billion of investments in two projects the UK: the purchase of a 92% stake in yacht-maker Sunseeker and a high-end real estate development in London. What's the significance of these projects for international businesses and ...

Strategic dialogue for Beijing Pyongyang

Wed, 19 Jun 2013 20:13:27 -0400

/enpproperty--> Foreign affairs officials from Beijing and Pyongyang exchanged views on bilateral ties and denuclearization of the Korean Peninsula amid a series of bilateral and trilateral meetings by other members of the Six-Party Talks on Wednesday. Vice-Minister of Foreign Affairs Zhang Yesui and the Democratic People's Republic of Korea's First Vice-Foreign Minister Kim ...

Pumping up power of consumption Chinas solution or pitfall

Wed, 19 Jun 2013 20:13:17 -0400

China seeks to boost share of satellite market

Wed, 19 Jun 2013 20:12:51 -0400

/enpproperty--> China is actively exploring commercial opportunities to boost its share of the global satellite-launching market, in an attempt to challenge US and European dominance of this field. China Great Wall Industry Corp, a subsidiary of China Aerospace Science and Technology Corp, is using this year's Paris Air Show to showcase its next generation of heavy-lifting rocket, the ...

Iran cancels local drilling rigs deal to buy from China

Wed, 19 Jun 2013 20:11:14 -0400

The North Drilling Company of Iran has cancelled contracts with local manufacturers and signed a contract with Chinese manufacturers to build 14 onshore and offshore drilling rigs, Mehr news has reported. Chinese financiers will secure 80% of the required fund for manufacturing the rigs, said NDC managing director Hedayatollah Khademi. The rigs are expected to be delivered within the next two ...

Chinese billionaire buys 007s yacht maker

Wed, 19 Jun 2013 20:06:57 -0400

Sunseeker's luxury yachts have been used in various James Bond films, making the iconic brand even more desirable to Chinese firm Dalian Wanda ...

Chinese telecom firm Huawei caters to selfie craze with new smartphone

Wed, 19 Jun 2013 19:20:22 -0400

Visitors try out the Huawei Ascend P6 Android-based smartphones during their launch at the CommunicAsia communication and information technology exhibition in Singapore. (EDGAR ...

China and Russia’s Human Trafficking Leads to Sanctions

Wed, 19 Jun 2013 19:20:06 -0400

Playing cards showing details of missing children are displayed in 2007 in Beijing, China. The cards showing photographs and information of 27 missing children were created by Shen Hao, the founder of a missing persons website to be handed out in areas notorious for child trafficking. China has just been put on a list of countries of serious concern for human trafficking. (China Photos/Getty ...