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China News 07/2014



China's Xi heads to Seoul with North Korea on his mind
SEOUL (Reuters) - The president of China, North Korea's only major ally, visits South Korea this week where the leaders of the two countries are expected to call on Pyongyang to end its pursuit of nuclear weapons, although Beijing will make sure it is ...

Thousands March on Anniversary of Hong Kong Return to China
Thousands of residents gather to march in downtown streets during an annual pro-democracy protest in Hong Kong, on July 1, 2014. Related. H.K. Protests Will Help Reaffirm Autonomy: Young. Protesters started an annual march on the 17th anniversary of ...

UPDATE 1-China's Xi heads to Seoul with North Korea on his mind
(Adds Chinese vice foreign minister's comment, paras 6-7). By Jack Kim. SEOUL, July 1 (Reuters) - The president of China, North Korea's only major ally, visits South Korea this week where the leaders of the two countries are expected to call on ...

China Reaches Out to Myanmar on Maritime Dispute
President Thein Sein of Myanmar visiting a photo exhibition in Beijing marking the 60th anniversary of Pool photo by Wang ZhaoPresident Thein Sein of Myanmar visiting a photo exhibition in Beijing marking the 60th anniversary of the Five Principles of ...

China Recovery 'Fragile', Barclays Says
The latest economic data out of China was not enough to convince analysts at Barclays Capital in Hong Kong that China is firmly on the road to recovery. On Tuesday, the National Bureau of Statistics released China's PMI Index, showing it rose ...

Lew Calling for Fair Trade Says China Should Allow Yuan to Rise
U.S. Treasury Secretary Jacob J. Lew, speaking before a key U.S.-China economic meeting next week, said China's yuan remains undervalued, hurting Chinese consumers and impairing global trade. “It still needs to appreciate more, it's undervalued and ...

In Britain-China Summit, a New Paradigm of Power
LONDON — Before the Chinese prime minister came to Britain to sign billions of pounds' worth of business contracts last month, a brief diplomatic spat erupted. The planned length of the red carpet rolled out for Li Keqiang at Heathrow Airport fell ...

China Developers Offer Buyback Guarantee in Weakest Home Markets
Property developers in two of China's weakest housing markets are offering to buy back homes above the purchase price to boost sales as demand slows. In Hangzhou, where home prices fell the most in May among 70 Chinese cities watched by the ...

Did China snub North Korea for its rival?
When President Xi Jinping arrives in Seoul this week, the Chinese leader will have passed over North Korea in favor of its arch rival. More from KTUU. Boy's death in Jerusalem spurs clashes · India summons U.S. diplomat over NSA report · 511 arrested ...

China Calls for Boosting Economic Ties With Manila
China's ambassador to the Philippines says economic ties between the two countries are at disappointing levels and both must work to advance their common prosperity. Southeast Asian nations including the Philippines and Vietnam are embroiled in ...

Pingtan Marine Enterprise LTD. Announces Joint Venture with China Co-op ...
Pingtan Marine Enterprise LTD. Announces Joint Venture with China Co-op ...

UPDATE 2-China frees spreads on retail yuan rate in reform step
... * China allows banks to set OTC dollar/yuan rates. * A small step in China's gradual forex reform. * Interbank dollar/yuan rates still subject to controls (Adds background, fresh quotes). BEIJING, July 2 (Reuters) - China will permit banks to set ...

How China Becomes a Cyber Power
One of the justifications for the creation of the Chinese leading group on cybersecurity and information technology was the need to move China from a “big” network country to a “strong” cyber power (从网络大国走向网络强国). While China has the world's ...

Messy protest shows rising HK fears about China
Tens of thousands of residents gather to march in downtown streets during an annual pro-democracy protest in Hong Kong Tuesday, July 1, 2014. (AP Photo/Kin Cheung). 1. Wednesday, July 2, 2014. Print Email Comments ...

Beijing might not have clean air until 2030, authorities say
Beijing, Jul 2 (EFE).- Beijing authorities estimate that the Chinese capital will not have clean air until 2030 due to the enormous difficulties in tackling the severe pollution in much of China, the China.org Web site reported. It could take up to 16 ...

How Bad Would a Housing Market Crash Be for China?
What would a Chinese housing market crash look like? That question is increasingly on people's minds as the property slowdown deepens. Prices of new homes fell for the second consecutive month in June, down by 0.5 percent, month on month, compared ...

China's Xi visits S.Korea as ties strengthen, wary eye on the North
SEOUL, July 3 (Reuters) - Chinese President Xi Jinping arrived in South Korea on Thursday, hoping to strengthen commercial and diplomatic ties while Seoul is expected to push Beijing to increase pressure on ally North Korea to end its pursuit of ...

China's service sector growing
BEIJING--China's service sector continued to expand, though a mixed picture given by surveys released Thursday suggests the growth is still being propped up by government stimulus, economists said. China's official nonmanufacturing purchasing managers ...

Hong Kong benchmark slips, China stocks gain after upbeat survey
... * HSI -0.1 pct, H-shares +0.1 pct, CSI300 +0.4 pct. * Anhui Conch rises after positive profit alert. * Ports and shipping jump on speculation about China-S.Korea FTA (Updates to midday). By Grace Li. HONG KONG, July 3 (Reuters) - Hong Kong's ...

China to try GSK-linked investigator in secret: family friends
SHANGHAI (Reuters) - The trial in China of a British corporate investigator and his American wife and business partner arrested a year ago after they did work for GlaxoSmithKline PLC will be closed to the public, two family friends with knowledge of ...

China cites Japan wartime 'confessions' in propaganda push
BEIJING (Reuters) - China has posted documents online it says are personal accounts of wartime atrocities committed by Japan in China, the latest in a wave of anti-Japan propaganda efforts that comes after Tokyo ended a ban on its military from ...

The 14th China (Guzhen) International Lighting Fair
GUZHEN, China, July 3, 2014 /PRNewswire/ -- On 22-26 October 2014, the 14th China (Guzhen) International Lighting Fair will be held at the Zhongshan Guzhen Convention and Exhibition Center, Guangdong China. Starting from 2014, the Lighting Fair will ...

In China, 1600 People Die Every Day From Working Too Hard
Chinese banking regulator Li Jianhua literally worked himself to death. After 26 years of “always putting the cause of the party and the people” first, his employer said in June, the 48-year-old official died of a heart attack rushing to finish a ...

ASIA CREDIT CLOSE: China property paper jumps on improved sentiment
SINGAPORE, July 3 (IFR) - Chinese property bonds were selling like hot cakes today thanks to a series of positive headlines from the sector and good news about the Chinese economy. Most high-yield names were up by 1 point with a few recent laggards ...

Social-Networking Apps Report Service Outages in China
A number of popular social-networking applications are reporting their services are unavailable in mainland China, two days after a massive pro-democracy demonstration in neighboring Hong Kong. Users of mobile messaging applications Line and ...

Top China aides ousted from Communist Party as anti-corruption drive intensifies
Hong Kong (CNN) -- Three more officials have been given the chop as part of China's anti-corruption drive. The disgraced politicians are the latest in a string of purges of former aides to Zhou Yongkang, China's retired chief of domestic security ...

China shares slip despite property gains, Hong Kong flat
... * HSI flat, H-shares +0.4 pct, CSI300 -0.2 pct. * China property sector rises again on loosening policy in some cities. * Hong Kong retailers suffer after data disappoints (Updates to midday). By Grace Li. HONG KONG, July 4 (Reuters) - China shares ...

China Stocks Cap Second Weekly Gain on Economic Growth Optimism
Zhejiang Hangzhou Xinfu Pharmaceutical Co. jumped by the 10 percent daily limit today after gaining conditional regulatory approval to sell shares and buy assets. Rizhao Port Co. tumbled 9.4 percent to lead port operators lower. The Shanghai Composite ...

Japanese War Crime 'Confessions' Published by China
This file photo taken on December 27, 2006 shows a man looking at a painting on a wall depicting the Japanese imperial army's war of aggression and conquest on mainland China which lasted from 1931 to 1945, at the Museum of the War of Chinese ...

China's Xi invites South Korea joint effort on Japan's wartime past
SEOUL (Reuters) - China and South Korea have a common interest in ensuring Tokyo is held to account for its wartime past, Chinese President Xi Jinping said on Friday, amid their shared concerns about Japan's more assertive security strategy. Tokyo's ...


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