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China News 02/2013



China factories in mild rebound amid patch Asia recover
By Koh Gui Qing. BEIJING | Fri Feb 1, 2013 12:57am EST. BEIJING (Reuters) - Asia's manufacturers face a challenging business climate in the coming months, a clutch of surveys suggested on Friday, with China's vast factory sector managing only a shallow ...

Robert Downey Jr. on 'Iron Man 2' flaws, China fizzle -- EXCLUSIVE interview ...
Robert Downey Jr. on 'Iron Man 2' flaws, China fizzle -- EXCLUSIVE interview ...

Masters of Subservience
The Chinese author Wang Xiaofang learned to write corruption exposés the hard way. His decade as a pen-pushing civil servant culminated in a three-year investigation for corruption while his boss, the deputy mayor of the rust-belt city of Shenyang, was ...

GLOBAL ECONOMY-US manufacturing surges, Chinese recovery more modest
Fri Feb 1, 2013 10:32am EST. * U.S. manufacturing jumps in Jan, ISM at 53.1, a 9-month high * China's official PMI eases to 50.4, HSBC reading at two-year high * Euro zone PMI suggests worst may be over * Economists still expect subdued global growth ...

Mexican oil, Chinese drilling, Japanese nuclear: Energy trends to watch in 2013
Energy issues ranked among the top international headlines in 2012 – from reports that the United States is on track to overtake Saudi Arabia as the world's largest producer of crude oil by the end of the decade, to an announcement that the United ...

IMF: The era of cheap labor in China may be ending
If China were a fire-breathing dragon, demographics would be the fleshy patch on its belly, the vulnerability that could slow its remarkable economic rise. “China is on the eve of a demographic shift that will have profound consequences on its economic ...

Hong Kong aims at smugglers in bid to stop run on baby formula milk
By Grace Li. HONG KONG | Fri Feb 1, 2013 11:49am EST. HONG KONG (Reuters) - Hong Kong introduced measures on Friday to tackle a shortage of baby milk formula as food-safety-conscious mainland Chinese people flock to the city to stock up on ...

NYT, WSJ Hacks Scrutinized By Security Community
China is again being blamed, but security experts criticize the lack of evidence, call on the media outlets to release full details of the attacks. Start The Discussion. Tweet; Mail Mail; Print Print · Mathew J. Schwartz | February 01, 2013 12:12 PM ...

Carlos Barria / Reuters
Li Anhua and his wife Shi Huaju wait for a taxi as they embark on the first stage of a 50-hour journey home, in Shanghai on Jan. 27, 2013. Like millions of migrant workers in China, Li Anhua and his wife Shi Huaju make the annual trek home for the ...

Japan coast guard says detains Chinese fishing boat near Okinawa
SHANGHAI | Sat Feb 2, 2013 3:53am EST. SHANGHAI (Reuters) - Japan's coast guard detained a Chinese fishing boat near the southern Japanese island of Okinawa on Saturday and arrested the captain for collecting coral illegally, a coast guard official ...

Taming the Markets' Boom-Bust Cycles
U.S. financial markets will continue to suffer destructive boom-bust cycles until something is done about international funds flows. The U.S. needs to break the chain of causality that runs from Chinese currency policy through Federal Reserve inaction ...

Japan PM Vows to Defend Islands From China
Japan's prime minister vowed Saturday to defend disputed remote islands from threats by China after a series of confrontations that have raised the risk of an armed clash. "The security environment surrounding our country is increasingly becoming more ...

Illegal holiday fireworks blamed for blast in China that collapsed highway ...
Illegal holiday fireworks blamed for blast in China that collapsed highway ...

More than 50 people killed on China's roads in 4 accidents during China's peak ...
More than 50 people killed on China's roads in 4 accidents during China's peak ...

Will China learn to love Super Bowl, American football?
The NFL is hoping to increase the popularity of the game in China through events tied to the Super Bowl. Feng Shuo. Tight end Feng Shuo, 23, participates in a training clinic Saturday in Beijing. (Photo: Calum MacLeod, USA TODAY) ...

Baidu Chief Li, Politburo's Yu Join China's Top Advisory Body
Baidu Inc. Chairman Robin Li, China's third-richest man, and Yu Zhengsheng, No. 4 in the Communist Party hierarchy, were named to the country's top political advisory body as a new generation of leaders prepares for power. Yu, former Communist Party ...

As Self-Immolations Approach 100, Some Tibetans Are Asking if It Is Worth It
NEW DELHI — A crowd of Tibetans came here to India's capital last week, bearing flags and political banners and a bittersweet admixture of hope and despair. A grim countdown was under way: The number of Tibetans who have set themselves on fire to ...

(li xin/AFP/Getty Images)
Google CEO Eric Schmidt's new book, co-authored with a former State Department superstar named Jared Cohen, doesn't come out until April. But The Wall Street Journal's Tom Gara got a hold of an advance copy and has been going through some of its ...

In rush to urbanize, China flattens 700 mountains
China's shift from a rural to urban society is speeding up development projects, including one where a developer is flattening mountains to build a new city. Ye Xingwu,. Ye Xingwu is one of hundreds of workers slicing the tops off 700 low-level, barren ...

Myanmar's Kachin rebels, government to hold talks in China after intense ...
Myanmar's Kachin rebels, government to hold talks in China after intense ...

China's Services Industries Expand as Retailing Aids Recovery
China's services industries grew at the fastest pace since August as gains in retailing and construction aid government efforts to drive a recovery in the world's second-biggest economy. The non-manufacturing Purchasing Managers' Index rose to 56.2 in ...

HSBC Sells $7.4 Billion Ping An Stake to Thai Billionaire Dhanin
HSBC Holdings Plc (HSBA)'s $7.4 billion sale of its stake in Ping An Insurance (Group) Co. (2318) to Thai billionaire Dhanin Chearavanont was cleared by regulators, helping Europe's largest bank by market value revive earnings. Dhanin's Charoen ...

Baidu Travel Site Aims to Double Sales This Year on Mobile App
Baidu Inc. (BIDU)'s travel-booking website, China's biggest, expects to double sales (BIDU) this year to about 1 billion yuan ($160 million) helped by an expanding middle class and rising use of its mobile application. Qunar.com Inc. may generate 20 ...

Spring Air Considers Halting Flights to Japan on China Protests
Spring Airlines Co., China's biggest carrier outside government control, is considering ending flights to Japan after a territorial dispute between the Asian countries last year emptied planes and caused losses. Spring hasn't decided on the 12 weekly ...

Emerging Stocks Rise to Two-Week High on China Data; MISC Surges
Emerging stocks fell for the first time in three days as markets in Russia and Brazil retreated with commodities. Asian equities gained after China's services industries accelerated. OAO Rosneft, Russia's biggest oil producer, and OGX Petroleo & Gas ...

The Morning Download: US Writes Rules for Cyber Warfare
The Morning Download comes from the editors of CIO Journal and cues up the most important news in business technology every weekday morning. Send us your tips, compliments and complaints. You can get The Morning Download emailed to you each ...

Foxconn Unions Are Strengthened At Apple's Request
TAIPEI, Taiwan (AP) — Taiwan-owned Foxconn Technology Group, a leading maker of Apple's iPhones and gadgets for other global brands, is widening the scope of union elections at its sprawling facilities in China. The move, confirmed by the company ...

Sophisticated cyber-attack hits Energy Department, China possible suspect
The Energy Department has been hit by a major cyber-attack, which resulted in the personal information of several hundred employees being compromised and could have been aimed at obtaining other sensitive information, The Washington Free Beacon ...

New Year, but Some Old Issues
Passengers squeeze onto a train in Hefei, China on Monday as the rush travel period Jianan Yu/ReutersPassengers squeeze onto a train in Hefei, China, on Monday as the rush travel period before the Chinese New Year gets under way. Last week's column ...

METALS-Confidence in growth boosts copper, strong dollar weighs
Mon Feb 4, 2013 11:00am EST. * Factory activity picks up in all three key global regions * Supply, Spain jobless still a worry * LME zinc hits one-year high, nickel approaches one-year peak By Maytaal Angel and Harpreet Bhal LONDON, Feb 4 (Reuters) ...


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