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China News 11/2012 (Page 5)



Inner-Party Democracy Is No Democracy
By Minxin Pei. As the Chinese Communist Party's 18th Congress gets underway, the 91-year-old Leninist party is seriously considering more democratic procedures to select its leadership. Some leaders apparently support "inner-party democracy" as a way ...

China's transitional show of unity belies mounting tide of activism
(CBS News) BEIJING - Every 10 years, the reins of power in China pass to a new generation. The orderly transition is tightly choreographed behind closed doors. Unlike the U.S. election, the Chinese people don't have a say in the process. CBS News ...

Plane Makers Under Pressure to Cut Costs as Competition Looms
By DOUG CAMERON. Airbus and Boeing Co. need to address the rising cost of new commercial aircraft to head off the competitive threat from manufacturers in China and elsewhere, according to a senior executive at one of their largest customers. The two ...

In China, self-immolations continue as party congress opens
BEIJING — As China launched its 18th Communist Party congress on Thursday, a record number of Tibetans immolated themselves in a stark illustration of the internal tensions facing the country's new leadership. Over a 48-hour period, at least five ...

'Dangerous Liaisons,' Directed by Hur Jin-ho
The story and its players look different in the latest screen iteration of “Dangerous Liaisons,” but the venomous passions remain repellently, seductively familiar. Bankrolled by Chinese money and directed by a South Korean filmmaker, Jin-ho Hur, this ...

China Big Bang Seen Like London in New Regime: Cutting Research
China's new leaders are about to set off a “Big Bang” in financial oversight. That's the call of economists at HSBC Holdings Plc (HSBA), whose Nov. 6 report predicts “a swathe of coordinated reforms which we believe will revolutionize the country's ...

China Village Hits Democracy Limits
But almost a year after Guangdong provincial officials, led by the reformist party secretary Wang Yang, promised to return to Wukan villagers land seized illegally by their local government leaders, only about 20% of the land has been handed back ...

Asia Stocks Fall Second Day on Earnings, China Inflation
Asian stocks fell, with the regional benchmark index headed for the biggest two-day loss in three months, on weakening earnings and as Australia's central bank cut its growth forecast and China's inflation slowed. Nexon Co., a developer of online games ...

China's Inflation Unexpectedly Slows as Food Prices Ease
China's inflation unexpectedly decelerated to a 33-month low on food costs, signaling that the government is succeeding in supporting growth without driving a rebound in prices. The consumer-price index (SHCOMP) rose 1.7 percent in October from a year ...

PRECIOUS-Gold hits 3-week high on US fiscal concern
Spot gold headed for 3.4-percent weekly rise * Spot gold may rise to $1,749/oz - technicals * Coming up: China, industrial output, retail sales, Oct; 0530 GMT (Adds details, comments; updates prices) By Rujun Shen SINGAPORE, Nov 9 (Reuters) - Gold rose ...

Most Chinese Stocks Rise After Inflation Data as Trading Slows
Most Chinese stocks rose, with Shanghai Composite Index trading volumes 26 percent below average, as investors awaited economic data today to gauge the strength of the economy. Shandong Gold Mining Co. (600547) and Zhongjin Gold Co. led gains for ...

China's Economic Growth and American Fears
Uwe E. Reinhardt is an economics professor at Princeton. Rummaging around my kitchen counter, where a huge pile of “to be read” material tends to accumulate, I recently came across the Aug. 27 issue of Newsweek. Its cover features President Obama and ...

Heavy Lending Creates a Surge in Chinese Economy
BEIJING — The Chinese economy grew faster than expected last month even as inflation slowed, official statistics showed on Friday, as the government continued heavy lending through its state-owned banks to rekindle growth. The latest data, including ...

Li vs. Pei: China's Prospects for Political Reform, Round Two
With China embarking on a once-a-decade leadership transition, China Real Time brought together influential political analysts Cheng Li of the Brookings Institution and Minxin Pei of Claremont McKenna College to debate the chances China's new ...

100 UFOs On India-China Border Cause Official Concern
Over the past few months -- between Aug. 1 and Oct. 15 -- more than 100 UFOs have been seen along the India-China border, and the sightings have officials puzzled. The Times of India reported this week that "yellowish spheres appear to lift off from ...

China Telecom Prepares for iPhone 5
By PAUL MOZUR. BEIJING—China Telecom Corp. plans to begin offering the iPhone 5 in late November or early December, which would mark the entry of Apple Inc.'s latest smartphone into China. State-controlled China Telecom, the country's third-largest ...

UPDATE 2-Potash miner Uralkali brings in Chinese wealth fund
Bonds issued by Suleiman Kerimov and partners. * Exchangeable into equity stake now worth $3 bln. * Signals resources sector open to strategic investors - source. * Uralkali shares down 3.6 pct, underperform MICEX. By Polina Devitt. MOSCOW, Nov 9 ...

UPDATE 4-Brent falls towards $107; US, Europe fiscal woes weigh
China data shows economic recovery gaining pace. * U.S. fiscal worries, Europe's economy weigh. * OPEC says 2013 oil demand may underperform (Updates prices, adds detail; paragraphs 5, 9, 11, 13). By Alice Baghdjian. LONDON, Nov 9 (Reuters) - Brent ...

Google Is Blocked in China as Party Congress Begins
All Google services, including its search engine, Gmail and Maps, were inaccessible in China on Friday night and into Saturday, the company confirmed. The block comes as the 18th Communist Party Congress, the once-in-a-decade meeting to appoint new ...

Rockwell to Sell China Aircraft Safety Devices
By ANDY PASZTOR · Rockwell Collins Inc. has received commitments from the Chinese government to install key safety devices on hundreds of passenger jets, according to company officials, a marketing coup that also represents a growing foothold in a ...

China's New Boss
By JEREMY PAGE, BOB DAVIS and TOM ORLIK. Where is a new leader of China to turn for advice? Xi Jinping, who takes the country's top post on Thursday, knows better than to look to Mao, the revered founder of the Communist regime who vowed never to ...

A Documentary Examines the 'Made in China' Label
“I personally do look at the labels of where things are made, but sometimes I go to buy things and it's impossible to find something that isn't made in China.” These words from U.S.-China Commission member Carolyn Bartholomew from my new documentary ...

China's Grip on Economy Will Test New Leaders
BEIJING — Wealthy Chinese carry up to three smartphones, one for each of the state-owned service providers, in the hope that at least one will have enough network capacity to provide reliable e-mail service. Most Chinese factories have heavily ...

Foreign tests for Obama
On foreign policy, President Obama effectively posted a sign on the White House lawn last summer that said: Come back after Election Day. Now, the moment has arrived, and the world's problems are lining up for Obama's attention. To manage them, Obama ...

UFC hoping expansion into Asia is start of something big
Former Strikeforce middleweight champion Cung Le, a Vietnamese-American, demonstrates his skill during a pre-fight press conference this week. (Photo: Kin Cheung, AP). Story Highlights. Macau is one of China's biggest hubs of gambling and tourism; UFC ...

China October export growth quickens, imports pace steady
BEIJING (Reuters) - China's export growth quickened in October and the pace of imports held steady, adding to signs the domestic economy is stabilizing and weakening the case for further policy measures to boost activity. Customs data showed exports in ...

China Exports Exceed Estimates in Sign of Global Pickup
China's exports rose more than estimated in October, adding to signs the world's second-biggest economy will rebound this quarter after industrial output climbed at the fastest pace in five months. Overseas shipments increased 11.6 percent from a year ...

ADR Report: Shares End Lower Despite Upbeat China Data
By Anna Prior. International companies trading in New York mostly closed slightly lower Friday, as euro-zone debt-crisis worries trumped upbeat Chinese economic data. The Bank of New York index of ADRs edged down 0.1% to 124.30. In China, October ...

China eyes 600 billion yuan rail backbone spend in 2013: executive
BEIJING (Reuters) - China plans to spend 600 billion yuan ($96 billion) building railway infrastructure next year, with 60 percent of the investment going to high-speed projects, a senior executive from China's leading rail and highway builder said. Li ...

International shift toward China heightens search for identity in Taiwan
Advertisements. International shift toward China heightens search for identity in Taiwan. Taiwan is at a critical juncture: Deterioration of cross-Strait relations would hurt Taiwan with stock market losses, but Taiwanese aren't willing to get too cozy ...


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