Latest Beijing News
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China wealth management sector shrinks
Chinese authorities' recent tightening over banks' wealth management products has led to a decrease in the number of new products and their yields.Chinese banks and financial institutions in April issued 2,439 wealth management products, a kind of high-interest deposits. The figure was 12.8 percent lower than in March, according to Bankrate.com.cn.In the first week of May, 35 Chinese ...
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55 killed 14 missing in S. China storms
Fifty-five people have died and 14 others were reported missing in the latest round of rain and hailstorms that have swept south China, according to official statistics collected as of 8 p.m. ...
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Officials scramble to lift block on NZ meat in China
China steps up inspection of meat trade after fake lamb scandal Government officials are working "around the clock" to resolve an issue which has seen New Zealand meat products stopped at the border in China. The problem is understood to be around documentation and while the Government will not say how much meat has been prevented from entering China, Labour claims it is ...
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Cannes 2013 A Touch Of Sin the boldest work to emerge from China in years
Disgusted by corrupt local leaders, an angry miner picks up a shotgun. A migrant worker returning home looks to armed robbery to escape a life of relentless bleakness. A pretty receptionist at a sauna is driven to the limit when a gangster tries to rape her. And a young man drifts nightmarishly from job to job to try to make ends meet. These tableaux would not be out of place in a gritty ...
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China April housing inflation quickens
By Xiaoyi Shao and Michael Martina BEIJING (Reuters) - China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise and challenging policymakers who are trying to cool record home prices while supporting ...
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China Greece pledge closer parliamentary exchanges economic cooperation
China and Greece pledged to strengthen parliamentary exchanges and boost economic cooperation during a meeting between top Chinese legislator Zhang Dejiang and Greek Prime Minister Antonis Samaras on Friday.Samaras arrived in Beijing on Wednesday and is paying a five-day official visit to China.Zhang, chairman of the Standing Committee of the National People's Congress (NPC), said during ...
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Home prices rise slower in China
BEIJING -- New home prices rose at a slower pace in Chinese cities in April as the government's recent tightening measures started to take effect, data from ...
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10000 people suffer due to manganese tainted tap water in S China town
At least 10,000 people suffered a shortage of drinking water in a South China town on Wednesday following the detection of excessive manganese in the tap water. "The city government of Lufeng in Guangdong Province said the manganese level in the tap water in Da'an town was 1.2 mg per liter since Monday, 12 times the maximum amount allowed in drinking water," reports Xinhua.he ...
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China April home prices rise 4.9 pct yy-Reuters calculation
BEIJING | Fri May 17, 2013 9:45pm EDT BEIJING May 18 (Reuters) - Average new home prices in China's 70 major cities rose 4.9 percent in April from a year earlier, according to Reuters calculations based on official data published on Saturday, marking the fourth straight month of year-on-year increase. In month-on-month terms, prices rose 1 percent in April, easing from March's ...
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China to invest more in Greece
Containers are backlogged at the port of Piraeus, near Athens. China will expand its investment in the port, considered a vital gateway for shipping heading ...
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Chinese Quit Communist Party Heralding a New China
Baiqiao Tang, chairman of China Peace, and a leading Chinese dissident, speaks at a rally calling for an end to the persecution of Falun Gong in China in front of the United Nations building in New York City on May 17, 2013. (Edward Dai/The Epoch ...
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Exotic ethnic dining in Beijing
Beijing is where the world and her dining companions meet, and good chefs from all over the country congregate. Right now, the flavors are fresh, and the menu is blooming literally. Ye Jun tells us more. Flowers, and the best herbs and vegetables in season: What better way to celebrate summer than to enjoy the freshest harvest? And you really don't have to travel far for it. Rainbow, a ...
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China to invest more in Greece
Containers are backlogged at the port of Piraeus, near Athens. China will expand its investment in the port, considered a vital gateway for shipping heading to Europe. ...
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Central Chinas top investment fair opens
/enpproperty--> Henan hosts companies seeking opportunities The most important investment expo for central China opens today in Zhengzhou, helping businesses from around the world tap into opportunities in the region, especially in the host province and city. The annual Central China Expo is held in turns in the six central Chinese provinces - Shanxi, Anhui, Jiangxi, Henan, Hubei and ...
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On India visit Li to discuss Dalai’s ‘anti-China’ acts
Li Keqiang will raise the issue of the Dalai Lama's "anti-China activities" during his tour of India from May 19. Beijing had earlier sought assurances from New Delhi that it would check such activities on Indian soil, and India has blocked anti-China demonstrations. A Chinese scholar confirmed to TOI on condition of anonymity that Li will raise the Dalai Lama issue. ...
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Hainan Baoting voted among Chinas top 20 ecological cities of 2013
The results of an online poll to find China’s top 20 ecological cities were released recently and Baoting County was the only city in Hainan on the list due to its effective measures for protection of ecological resources, livable eco environment and rapidly developing eco tourism sector. The online selection event, known as "2013 Chinese City Rankings - Top Chinese Ecological ...
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China deal ends distraction but not questions for Caterpillar
Reuters © The company logo is seen on top of a building, where Caterpillar (China) Investment Co., Ltd. is located, in Beijing, January 22, 2013. REUTERS/Jason ...
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Chinas US Ambassador says US China must avoid rivalry
/enpproperty--> China's Ambassador to the United States Cui Tiankai believes China and the US are committed to avoiding a big-power rivalry that has been common throughout history and often led to conflict or even war. "Now, there is a determination both in China and in the United States to not allow history to repeat itself,'' Cui told Foreign Affairs magazine in a ...
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Gillis Sizzles at the Byron Nelson Chinas Guan Fades
(Reuters) - American journeyman Tom Gillis rocketed into the early clubhouse lead in Friday's second round of the Byron Nelson Championship in Irving, Texas, where China's 14-year-old Guan Tianlang was certain to miss the cut. Gillis, bidding for his first PGA Tour title after spending much of his golfing career competing on the lower tier circuits, fired a sparkling seven-under-par 63 ...
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A Touch of Sin A scathing portrait of China’s economic boom
, was released on Youkou, China's version of YouTube. Could such a film ever get past the censors?The film is an exercise in social criticism, exploring torn-from-the-headlines tales of corruption, prostitution and violent crime. It can easily be interpreted as a scathing portrait of China's economic ...
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China to issue 20b yuan in 50-yr T-bonds
/enpproperty--> BEIJING - The Ministry of Finance (MOF) announced Friday that it will issue 20 billion yuan ($3.23 billion) in 50-year book-entry treasury bonds. The issuance marks the ministry's tenth issuance of book-entry treasury bonds this year, according to a statement posted on the MOF website. The interest rate for the bonds is fixed at 4.24 percent. Interest will be paid ...
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Chinas Favorite U.S. States In 2012
Who would have known it? China is buying Made in the U.S.A. Many sectors and states from across the country are selling more to China these days. In fact, between 2003 and 2012 total exports to China rose 294%, an increase of nearly $81 billion. Forty-two states have achieved triple-digit export growth to China since 2003, and four states experienced quadruple-digit growth over the same period ...
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China Investors Wary Over Slow Start To Second Quarter
The iShares FTSE China (FXI) exchange traded fund may be up over 1% on Friday, but wait a minute. Investors finally have a reason to be bearish on the world's No. 2 economy. The second quarter is off to a modest, unsustainable start. April economic data point to generally soft economic ...
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China urban private-sector wages surge despite sluggish expansion
BEIJING -- China's private sector wages in urban areas grew 17.1 percent in 2012, official figures showed Friday, even as the country's economy expanded at its slowest pace in 13 ...
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Cannes Chinas Seven Stars Frances Stone Angels Form Joint Venture
Cannes: 'Grace of Monaco' Images Preview Nicole Kidman as Grace Kelly (Exclusive Photos) The companies say their first collaboration will be a project ...
Beijing Feature
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Massive Beijing Subway expansion plans
The Beijing Subway is one of the biggest, most efficient and most used subways in the world. It is constantly undergoing expansion and upgrades, and yet is unable to keep up with the growth of the capital city. With the recently announced plans for the expansion of the subway by over 60%, the city will certainly be hard-pushed to meet the massive task.
The Beijing Subway is one of the largest in the world. It carries over 5 million people every day, and hundreds of trains run on 228kms of track and service 147 stations. It is a feat of engineering, planning and coordination every single day. It is a network that Beijing commuters should be proud of, it represents the forward-thinking and development of the city. Read more
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