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China News 04/2014



China Reforms Mean Sacrificing Growth: Tan
April 10 (Bloomberg) –- In an exclusive interview, UBS Wealth Management Head of Asia-Pacific Investment Office Min Lan Tan discusses China's economy and how the government is ensuring overall growth doesn't fall below 7.5%. She speaks to ...

China finds nearly 2000 firms in breach of anti-pollution rules
BEIJING, April 10 (Reuters) - Nearly 2,000 Chinese enterprises were found to be in violation of state pollution guidelines following a nationwide inspection campaign covering 25,000 industrial firms, the environment ministry said on Thursday. With the ...

Chinese dad built this high-powered working tank — for his 6-year-old
Jian Lin, a 31-year-old farmer who once served in the Chinese navy, in his home-made tank. (Reuters). Like most fathers, Jian Lin wanted to make his son happy. He wanted his 6-year-old son to have something “cool,” something memorable. Some fathers ...

In China, jar of French mountain air fetches $860
BEIJING – Beijing artist Liang Kegang returned from a business trip in southern France with well-rested lungs and a small item of protest against his home city's choking pollution: a glass jar of clean, Provence air. He put it up for auction before a ...

China Prepares Way for New Low in Growth
China's top economic leader appeared to prepare the public for a new low in China's growth, as an unexpected drop in exports underlined how leaders face an increasingly difficult trade-off between stimulating the economy and sticking to their reform ...

China's Cross Border Investment Plan Shows Xi Jinping's Strength
In its latest move to push forward reform, China has announced a scheme that will allow cross-border equity investment between Shanghai and Hong Kong. Investors in Hong Kong will be allowed to buy up to 300 billion yuan worth of domestic A-shares, ...

Fraser Howie Explains China's Debt Crisis
A man walks past an ATM machine at the entrance of a bank in Beijing, Jan 25. (WANG ZHAO/AFP/Getty Images). "By obsessing about growth remaining high, they became more and more dependent on debt." Fraser Howie, author, Red Capitalism ...

Chinese Premier Li Warns Southeast Asia Nations Against 'Provocations'
Li Keqiang, China's premier, said during a speech at the Boao Forum for Asia that China will 'respond firmly to provocations' in territorial disputes. Bloomberg News. BOAO, China—Premier Li Keqiang delivered a warning to Southeast Asian countries with ...

China's March Inflation Accelerates, Producer Prices Extend Fall
A man rides a motorcycle carrying a halved pig's carcass in the Sanya City district of Sanya, Hainan Province. Close. A man rides a motorcycle carrying a halved pig's carcass in the Sanya City district of... Read More. Close. Open. Photographer: Brent ...

China Normal Growth Needs Only Minor Policy Changes: Zhou
China's central bank chief said the nation needs only minor policy adjustments when growth is within a normal range, adding to signals that the government will avoid taking broader action to counter a slowdown. The State Council has a target for about ...

Auto Sales Slow in China as Economy Cools
SHANGHAI—China's fervor to buy cars is showing signs of cooling along with the broader economy, as sales growth in March slowed compared with the first two months of the year. Auto makers sold 1.71 million passenger vehicles last month, up 7.9% from a ...

China Turning Net Fuel Exporter May Be on Data Switch, ICIS Says
Chinese data showing the country became a net fuel exporter for the first time in four years may be due to the exclusion of one type of oil product, according to a Shanghai-based commodities researcher. The nation exported 370,000 metric tons of oil ...

Philippine, US Envoys in Draft Defense Pact Amid China Strain
Philippine and U.S. negotiators reached agreement on key points of a pact to boost the American troop presence as the Southeast Asian nation seeks to counter China's push for control of disputed South China Sea territory. Representatives of both ...

Passengers stuck on plane for 34 hours in China
A Cathay Pacific flight from New York City to Hong Kong turned into a 34-hour ordeal that included a 15-hour unscheduled layover in Zhuhai, China, NBC News reports. Severe weather, restrictions on how many hours pilots can work and government policies ...

Jar of imported Provence, France clean air sells for $860
Beijing artist Liang Kegang put the jar up for auction to protest the foul air of China. It sold for 5,250 yuan ($860) to artist and entrepreneur Li Young-zheng. THE ASSOCIATED PRESS. Friday, April 11, 2014, 11:26 AM. A; A; A. Share this URL ...

China To Link A/H Shares: May Pressure Banks, Lift New Economy
Yesterday, China loosened the capital control by announcing a plan to link the stock exchanges of Hong Kong and Shanghai, allowing a combined $3.8 billion of cross-border equity trading daily. Hong Kong Exchange & Clearing (0388.HK) rallied 11.5% ...

China Rejects Appeal of Citizens Movement Founder
A Beijing court Friday upheld a four-year prison term for the founder of a Chinese grassroots movement to promote clean governance, drawing criticism and calls for his release from rights groups and the U.S. government. The prosecutions of Xu Zhiyong ...

How Europe Sacrificed the Right to Peaceful Protest for Good Relations With ...
How Europe Sacrificed the Right to Peaceful Protest for Good Relations With ...

Fliers' thoughts, from 'no fear' to 'it's scarier'
In this April 10, 2014 photo, passengers with their luggage arrive at the Beijing Capital International Airport in Beijing, China. At airports across Asia and around the world, Flight 370 and its 239 passengers and crew, now lost for more than a month ...

Christie Brio Meeting Room Solution Makes Its Debut at InfoComm China 2014
Christie®, a global leader in display and visualization solutions, showcases its powerful Christie® Brio meeting presentation and collaboration solution for the first time in China at InfoComm China 2014, April 9-11. A communication breakthrough ...

China, Australia to hasten FTA talks
BEIJING, April 12 (Xinhua) -- China and Australia on Saturday voiced hope to hasten negotiations on a Free Trade Agreement (FTA) and strike a deal as soon as possible. Meeting with entrepreneurs together with visiting Australian Prime Minister Tony ...

Changing China: Bike culture lives on in deadly traffic
A volunteer stops pedestrians, cyclists and electric bike users from running a red light at a busy intersection in eastern Beijing Thursday. / Calum MacLeod, USA Today. USA Today. by Calum MacLeod, USA TODAY. USA Today. by Calum MacLeod, USA ...

Retail Sales Show US Firms as China Cools: Global Economy
Americans flocked to car dealerships and shopping malls in March, generating the biggest gain in retail sales in more than a year, economists forecast a report to show. The figures on April 14 kick off a week of U.S. economic data -- including housing ...

Ala. DJ creates his own beat in China
MONTGOMERY, Ala. (AP) — Music has always been his life, but Dusty MacDonald had no idea that it would eventually lead him to a successful career, and a new wife, halfway around the world. MacDonald grew up in Montgomery and spent years learning ...

Senior official from China's Sichuan under graft probe: Xinhua
SHANGHAI (Reuters) - A senior government official in China's Sichuan province is under investigation for "severe discipline violations", which is often a euphemism for corruption, state media said. Zhao Miao, a senior official in Chengdu, capital of ...

Five detained after fatal Hainan bus crash
HAIKOU, April 13 (Xinhua) -- Hainan police said on Sunday that five people had been detained following a deadly bus accident on Thursday, in which eight students were killed and 32 others injured. Police in China's southernmost province of Hainan said ...

China protects soldiers' rights
BEIJING, April 13 (Xinhua) -- Chinese authorities made public on Sunday a guideline on national defense and the rights of the servicemen and their families. The guideline lays out a mechanism to coordinate settlement of military rights protection ...

China Focus: China's blossoming tourism flourishes
WUHAN, April 13 (Xinhua) -- "People love flowers as they represent beauty," said Xiong Yuanbin of central China's Wuhan University. "The love for beauty is almost a human instinct." Besides the more mundane options of visiting historical or cultural ...

China investigates two more allies of former security chief
Two officials with ties to China's powerful former domestic security tsar Zhou Yongkang have been placed under investigation, Chinese media and officials said, amid ramped-up speculation that Zhou himself is being targeted. Zhao Miao, a standing ...

Rail traffic resumed after derailment in NE China
HARBIN, April 13 (Xinhua) -- A railway section in northeast China's Heilongjiang Province has been reopened as of 6:40 p.m. Sunday after a passenger train derailed earlier, the Harbin Railways Bureau said. The K7034 train en route from Heihe to the ...


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