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China News 09/2014



Retreat in China's PMIs heightens calls for policy easing
BEIJING (Reuters) - Growth in China's vast factory sector cooled in August as foreign and domestic demand slowed, two surveys showed on Monday, spurring new calls for more policy easing to prevent the economy from stumbling once more. A purchasing ...

China anti-dissent playbook may fail in Hong Kong
HONG KONG (AP) — China's Communist leaders have pulled out their usual playbook to suppress resistance to their plans to tightly limit the first direct election of Hong Kong's leader, but are likely to find that the results are quite different ...

How Chinese millionaires are buying their way out of China
The jury may have gone out permanently on the old question of whether money can buy happiness, but that hasn't stopped wealthy Chinese families from trying. There is a growing trend among China's richest to use their wealth to move themselves and their ...

UPDATE 1-China's CCB says not considering hybrid ownership now
(Adds background on hybrid ownership, SOE pay reform, capital raising plans). BEIJING/HONG KONG, Sept 1 (Reuters) - State-owned China Construction Bank Corp (CCB) currently has no plans to implement a hybrid ownership scheme that could see other ...

With eye on Japan, China plans Martyrs' Day
BEIJING — China has established a national day to commemorate the country's martyrs, state media said Monday, the latest of several recent steps by Beijing to intensify commemoration of its war-time fight against Japan, including orders that TV ...

China May Be Biggest Winner From Ukraine Crisis
Thousands of miles away from the Ukrainian battlefields of Donetsk and Novoazovsk sits the country that may end up being the largest beneficiary of the turmoil along Russia's southwest border: China. With Russian President Vladimir Putin rewriting the ...

Delegation of Dalian Municipal People's Congress visited China BAK's R&D and ...
Delegation of Dalian Municipal People's Congress visited China BAK's R&D and ...

Japan-India to Strengthen Economic, Security Ties as China Rises
Narendra Modi, India's Prime Minister, gestures as he makes a speech during a luncheon with Japanese business groups at the headquarters of the business lobby Keidanren in Tokyo. Photographer: Tomohiro Ohsumi/Bloomberg. Prime Minister Shinzo Abe ...

China's Stocks Rise to 15-Month High as Defense Shares Lead Gain
China's benchmark stock index rose to a 15-month high, led by defense and technology companies, amid speculation the government will increase military spending as part of its efforts to bolster economic growth. China Spacesat Co. and Aerospace ...

McDonald's to boost China supplier audits after food safety scandal
SHANGHAI, Sept 2 (Reuters) - McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said on Tuesday, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc . In a ...

British parliament says rejects China's call to halt Hong Kong inquiry
LONDON (Reuters) - The British parliament has rejected Chinese government calls to halt an inquiry into Britain's relationship with Hong Kong, a senior lawmaker said on Tuesday, as diplomatic tensions over the former UK colony worsened. Both the ...

Baby Boom or Economy Bust: Stern Warnings About China's Falling Fertility Rate
“Get married soon and have lots of children.” That's the advice that 49-year-old Huang Wenzheng gave to college students at a recent forum in Beijing about China's population and urban policy. Mr. Huang, one of the most outspoken one-child policy ...

Tesla Charges China EVs With Unicom Tie-Up
Despite disappointing progress in China's plan to put hundreds of thousands of new energy vehicles on its roads by next year, American electric car maker Tesla has made remarkable progress despite its late arrival to the market. The company has won its ...

China Opens Door to Foreign-Owned Hospitals
A visitor walks past a design promoting the recently opened Shanghai Pilot Free-Trade Zone on Nov. 28, 2013. Chinese authorities said they will allow foreign-owned hospitals to operate in seven cities and provinces. (Peter Parks/AFP/Getty Images) ...

US companies feel unwelcome in China, complain of unfair treatment
BEIJING — American companies in China complained Tuesday that they were being unfairly targeted by the government of President Xi Jinping, with the selective enforcement of opaque laws leading many to feel that they are no longer wanted here and ...

China's Hong Kong Mistake
In the summer of 1996, the Chinese Communist Party erected a giant digital clock, fifty feet tall and thirty feet long, beside Tiananmen Square, which counted down the seconds until, as it said in large characters across the top, “The Chinese ...

China opens new route for cruises to islands disputed with Vietnam
BEIJING, Sept 2 (Reuters) - China is opening a new route for cruise ships to sail to the disputed Paracel Islands in the South China Sea, state media reported on Tuesday, in a move that is likely to irritate Vietnam. The Coconut Princess embarked on ...

China Services Gauges Rebound in Signal of Rebalancing
China's service industries strengthened in August, contrasting with declining manufacturing gauges and suggesting a transition away from factory-led growth. The non-manufacturing Purchasing Managers' Index (MXAP) advanced to 54.4 from 54.2 in July, the ...

China Stocks in Hong Kong Rise Most Since November on Services
Chinese stocks trading in Hong Kong rallied the most in 10 months after growth in mainland service industries accelerated and the risk of protests in Hong Kong's financial district eased. The Hang Seng China Enterprises Index (HSCEI), or H-shares gauge ...

Anonymous research firm says targeted China's Tianhe for public good
... * Anonymous Analytics says has not made money from Tianhe. * Says published report for public good. * Tianhe says Anonymous report has errors, misleading statements. By Pete Sweeney. SHANGHAI, Sept 2 (Reuters) - Secretive stock research firm ...

China to Launch Recoverable Moon Orbiter Prototype This Year
China's space program has set its sights on an ambitious feat of lunar exploration: robotically landing a probe on the moon and returning samples of the lunar surface back to Earth. To accomplish that, the country plans to launch a lunar "test orbiter ...

RPT-China eases funding rules for listed property firms -sources
(Repeats adding reporting credit, with no changes to text). BEIJING, Sept 3 (Reuters) - China is relaxing its financing rules for listed property firms by allowing those that meet a certain criteria to sell medium-term notes in the interbank market ...

Shanghai Museum Unveils Memorial to Jews Who Found Haven in City
The unveiling of the new memorial at the Shanghai Jewish Refugees Museum on Wednesday. The wall lists the names of thousands who settled in the city after fleeing Nazi persecution in Europe.Credit Johannes Eisele/Agence France-Presse — Getty ...

Japan, Philippines to Combat China's Assertive Stance at Sea
MANILA—. Japanese and Philippine lawmakers in Manila signed an informal agreement Wednesday to form an international body promoting peaceful means to settle disputes in waters where they have competing claims with China. Members of the two ...

US Companies Fear Growing Protectionism in China
American businesses are feeling under the gun in China, with two new surveys detailing growing concerns that Beijing is targeting U.S. firms. A report by the U.S.-China Business Council shows that 86 percent of its member companies are concerned about ...

Gnome Maker's Slump Shows China Export Threat
Yu Guoying is struggling to halt a plunge in developing-market sales of her grinning garden gnomes. “I feel a bit lost,” said Yu, co-owner of Bo Lun Resin Craft Products, based in China's southeastern Fujian province. Her company, which exports ...

UPDATE 1-China eases funding rules for listed property firms -sources
(Adds stock impact, analyst quote). BEIJING, Sept 4 (Reuters) - China is relaxing its financing rules for listed property firms by allowing those that qualify to sell medium-term notes in the interbank market, three sources with knowledge of the matter ...

China puts its foot down, but will Hong Kong obey? Probably
Hong Kong (CNN) -- Borrowed place, borrowed time. That was the mantra in Hong Kong as the clock ticked down to the British colony being handed back to China in 1997. And as the handover loomed, Hong Kongers were frantic to make money to get a ...

China targets family, friends to coerce activists
BEIJING (AP) — Xiao Yong used to hold up placards at protests, demanding that China's leaders declare their assets in a call for political transparency and accountability. But he stopped after men began following his father around and urging him to ...

China Trainmakers CNR, CSR Say No Merger Plan Submitted
China's two biggest train manufacturers CSR Corp. (1766) and China CNR Corp. (6199) said no plans had been submitted for a merger after Caixin magazine reported that the Chinese government wants to combine the two companies. Their shares in ...


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