Latest Beijing News
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A Pair Of Artists Reveal China’s Counterfeit Cities
After reading about the phenomenon, artists Sebastian Acker and Phil Thompson began plans to document the copy sites. They successfully applied for a traveling grant which took them to China for 6 ...
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Danone to invest USD417m in Chinas yoghurt industry
(MENAFN) France's Danone Group will invest USD417 million in China's yoghurt market, reported Reuters.Danone will invest the amount in two deals with China Mengniu Dairy Co Ltd, the first through a joint venture between the French firm and state-owned Chinese food enterprise COFCO Corp.The joint venture will acquire an 8.3-percent stake in Mengniu, giving Danone a 4-percent holding ...
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Chinas Yuan Weakens to 6.1998 against USD Monday
(MENAFN - Qatar News Agency) The Chinese currency Renminbi, or the yuan, weakened 1 basis point to 6.1998 against the US dollar on Monday, the China Foreign Exchange Trading System reported. In China's foreign exchange spot market, the yuan is allowed to rise or fall by 1% from the central parity rate each trading day, according to (Xinhua) News Agency. The central parity rate of the yuan ...
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Admin error stops NZ meat exports to China
The New Zealand government has stopped issuing export certificates for meat exported to China, after shipments were rejected by the Chinese customs authorities, according to reports Monday.This is the latest move by the New Zealand government after shipments of New Zealand lamb and beef were rejected by China's customs this month because of the name change of the New Zealand regulating ...
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Eriksson in talks with China’s RF
A Chinese soccer club is in talks to appoint Sven-Goran Eriksson as their next manager, a spokesman said Monday."The club is currently in talks with him (Eriksson), however (the appointment) has not been finalized yet," said a spokeswoman for Guangzhou R&F, based in the capital city of South China's Guangdong Province.The appointment would put Eriksson in the same city as ...
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Voice commenting on the Pacific security situation at the Chahar China-Europe Dialogue
"China is more concerned about the peace and security of the Pacific Ocean than any other country in the world. And turning it into a 'peaceful' ocean constitutes China's greatest hope."Peng Guangqian, an expert on Chinese military and strategic issues,commenting on the Pacific security situation at the Chahar China-Europe Dialogue, quoted by People.com.cn on ...
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China India reach strategic consensus
/enpproperty--> NEW DELHI - Visiting Chinese Premier Li Keqiang said Monday the most important outcome of his talks with the Indian leaders is that they reached strategic consensus and deepened strategic trust. Briefing the press after meeting with his Indian counterpart Manmohan Singh, Li said at the talks, held on Sunday night and Monday morning with Singh and other Indian officials, both ...
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Matic confident of Beijing Guoan progression ahead of Seoul clash
2009 Chinese Super League winner Darko Matic is looking ahead to Tuesday's Asia Champions League showdown with F.C. Seoul in a confident mood following last week's stalemate in Beijing. "Comparing the more recent games, we are more dominant and we are better than them," the 32-year-old Bosnian ...
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Window on China’s defense policy
Last month, China released its white paper on national defense, the eighth since Beijing began releasing the document in 1998. The white paper is invariably an exercise in frustration: China’s detractors are always disappointed by the document, unsatisfied with its contents and the many questions it leaves unanswered. The Chinese government adopts an aggrieved tone in responses to ...
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China live turtles in bags sold as key rings
Living turtles, fish and salamander in tiny bags of water are being sold in Beijing as key rings for children. To the horror of animal rights activists, the sale of live animals as trinkets is a growing trend in China. A vendor at Beijing market said ';I sell fifty of these a day!'; ';I bought one because my child wanted one';, a mother explained The bags are so small ...
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Myanmar to pump oil and gas to energy-hungry China
Workers prepare to launch the China section of the Myanmar-China oil and gas pipeline in Anning in southwest China's Yunnan province. Ren Dong / Color China Photo / AP ...
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Goldman exits China’s ICBC 7 years and billions later
Goldman Sachs Group Inc. launched the sale of about $1.1-billion (U.S.) worth of Hong Kong-traded shares in Industrial and Commercial Bank of China on Monday, offering its entire remaining stake in the world's biggest bank by market value.The sale would be the final chapter in Goldman's investment alongside clients and employees in China's ICBC. Prior to its 2006 initial public ...
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India and China Stress Peace at Borders and Solid Relations
New Delhi, May 20 (Prensa Latina) The Prime Ministers of India and China, Manmohan Singh, and Li Keqiang respectively, agree that a peaceful coexistence and understanding must be established in bilateral relations and that these will guarantee peace and development in Asia. Singh held a meeting with Keqiang after his arrival in New Delhi, in an environment that diplomatic sources described as ...
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Tesco eyes China JV
Tesco, Britain's largest retailer, plans to establish a joint venture in China, a bid to control its capital expenditure in global expansion, the Financial Times reported Monday. The supermarket chain that came here in 2004 is seeking partners in China for the venture, the report said, citing three sources close to the matter. Analysts said China Resources Company is the most suitable ...
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China insurer PICC plans $938 mln rights offer
HONG KONG | Mon May 20, 2013 11:37am EDT HONG KONG May 20 (Reuters) - Chinese state-controlled insurer PICC Property and Casualty Co Ltd said on Monday it plans a rights issue of shares in Shanghai and Hong Kong to raise a combined net 5.76 billion yuan ($938.28 million) to strengthen its capital base and improve its solvency margin. The firm plans to offer 930 million shares in ...
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China calls for implementation of DPRK resolutions
/enpproperty--> BEIJING - Foreign Ministry spokesman Hong Lei on Monday called for the full implementation of relevant UN Security Council resolutions after the Democratic People's Republic of Korea (DPRK) fired missiles into the East Sea. The DPRK Monday fired two more short-range missiles into the East Sea, after launching one on Sunday and three on Saturday, according to Yonhap News ...
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India-China ink 3 MoUs including pharmaceuticals
India will mandate that all firms offering internet telephony, including Skype owned by software giant Microsoft, must set up a server in the ...
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Former Bank Executive in China Faces Bribe Accusations
Hong Kong ...
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Experts officials China has resumed hacking U.S. companies agencies
Computer security experts and U.S. officials say Chinese hackers have resumed attacks on companies and agencies they stole data from three months ago. A unit of China's People's Liberation Army had stopped computer intrusions in February after the administration of ...
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Eriksson in talks with China club
A Chinese football club is in talks to appoint Sven-Goran Eriksson as their next manager, a spokesman said Monday, despite reports linking the former England boss to the Cameroon national side."Eriksson is one of the candidates," said Chen Jie, a spokeswoman for Guangzhou R&F, based in the capital of the boom southern province of Guangdong."The club is currently in talks with ...
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Learning Statecraft from China
At the same event, he also underscored the importance of being more conversant with the Chinese thought process for improving Indo-China relations. His counsel becomes even more relevant in the light of the recent friction between India and China over difference in interpretation of the border, resulting, recently, in a 19-km incursion in the Daulat Beg Oldi sector of the Depsang Valley in ...
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UPDATE 2-China offers India a handshake across the Himalayas
Mon May 20, 2013 10:37am EDT * Visit to India comes after border standoff in Himalayas * Small breakthroughs on trade, no major agreements * Li also due to visit Pakistan, Switzerland and Germany By Frank Jack Daniel and Rajesh Kumar Singh NEW DELHI, May 20 (Reuters) - India and China will study new ways to ease tensions on their ill-defined border after an army standoff in the Himalayas, ...
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Philippine strategies make it overconfident in confronting China
Tensions over the recent killing of a Taiwanese fisherman by the Philippine coast guard are still going on. Looking through the history of the Philippines confronting China on maritime disputes, we find that the Phillipines has always held an unscrupulous and reckless attitude. For example, the naval face-off at Huangyan Island last year was triggered by Philippine navy which had attempted to ...
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China India issue joint statement focusing on full-scale cooperation
China and India issued a joint statement Monday highlighting their commitment to expanding common ground in bilateral cooperation and coordination in various fields.The statement, released during Chinese Premier Li Keqiang's ongoing visit here, said the two Asian giants "welcome each other's peaceful development and regard it as a mutually reinforcing ...
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China India establish principles of settling border issue PremierLi
Visiting Chinese Premier Li Keqiang said here Monday that China and India have established principles of settling the border issue that is left over by history."Both sides believe that we need to improve the various border-related mechanisms that we have put into place and make them more efficient, and we need to appropriately manage and resolve our differences," Li added.Li made the ...
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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