Latest Beijing News
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China Galaxy gets market jump
Shares of China Galaxy Securities Co soared as much as 8.3 percent in gray market trading Tuesday, signaling expectations the State-owned brokerage will climb in its debut on the Hong Kong Stock Exchange Wednesday.China Galaxy shares changed hands at HK$5.70 ($0.73) in late afternoon and rose as high as HK$5.74, up from the IPO price of HK$5.30. The stock traded at HK$5.64, up 6.4 percent, at ...
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Essar inks landmark China deal
Essar Oil Ltd, India's second largest private refiner, was set to sign on Tuesday a $1 billion loan deal with China that sources said would be backed by a supply of refined products to PetroChina.Essar Oil was set to finalize a preliminary agreement with the China Development Bank (CDB) on Tuesday to borrow the amount during Chinese Prime Minister Li Keqiang's visit to Mumbai.The ...
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China wants cyber security communication with U.S.
China on Tuesday appealed for communication with the United States on cyber security."China proposes stronger cooperation with the United States on cyber security," Foreign Ministry spokesman Hong Lei said at a daily press briefing in response to a question claiming US governmental organizations and businesses have been victims of cyber attacks by the Chinese military.Hong stressed ...
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Beijing announces 6 new subway lines sections
Beijing will add six new subway lines or sections to its underground grid by the end of 2014 as part of efforts to ease traffic jams, subway authorities said at a press briefing on Tuesday.A line that links suburban Changping district with Line No. 8 will be constructed by the end of the year, according to sources with the Beijing Railway Construction and Management Co., Ltd., the subway's ...
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Coaches collide in NE China casualties unknown
Two coaches collided in northeast China's Liaoning Province on Tuesday, injuring at least a dozen passengers while the death toll remains unknown, local authorities said.The accident happened at around 3:30 p.m. on a national expressway near the city of Anshan, said an official from the city's publicity bureau.Both vehicles had a designed capacity of more than 30 ...
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China may probe EU wine report
China is likely to make substantive moves this year toward initiating an anti-dumping investigation into wine imported from the eurozone, the China Security Journal reported on Tuesday.The government may take a further step in pushing the probe in response to a strong call from the domestic wine industry and a string of anti-dumping cases brought by the European Union (EU) against Chinese ...
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Spokesman highlights China-US summit
/enpproperty--> BEIJING - A Foreign Ministry spokesman said Tuesday that an impending meeting between President Xi Jinping and his US counterpart Barack Obama will aid in the construction of a new type of relationship between the two countries. The summit, the first of its kind to be held since Xi took office in March, would be conducive to strengthening strategic communication, increasing ...
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Comrise Establishes a Big Data Partnership with Beijing Institute of Technology
Comrise, a global consulting firm specializing in Managed IT, Big Data, and Workforce Solutions, establishes a partnership with Beijing Institute of Technology to further develop "Big Data" Solutions in the Greater China and Asia-Pacific ...
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Seoul survivors against nine-man Beijing
FC Seoul recovered from going a goal down and missing a penalty to beat Beijing Guoan 3-1 and reach the AFC Champions League quarter-finals in a dramatic last-16 match which saw three red cards on Tuesday. The South Korean champions were stunned by an early strike by Freddie Kanoute, and then watched Serbian dangerman Dejan Damjanovic miss from the spot, before three goals in the final ...
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Why China’s developmental state says no to liberalism
NEW YORK - Modern history is the story of how liberal democracy, originating in Britain and America, spread around the world. This may sound like an absurd fantasy. In actuality, this Whiggish narrative of progress underpins most newspaper editorials, political commentary and speeches in the West, and frames larger views of political developments in the non-West. It accounts for the gloomy ...
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China probes rice tainted with cancer-causing cadmium
BEIJING Authorities are investigating rice mills in southern China following tests that found almost half of the staple grain in one of the country's largest cities was contaminated with a toxic metal. The mills in Hunan province's Youxian county were ordered to suspend business and recall their products after samples showed excessive levels of cadmium, according to an official notice ...
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Cadmium-tainted rice closes three mills in central China
Three mills in central China have been closed and the rice they produced recalled after officials said Tuesday the grain was found to be tainted with cadmium. The mills, located in Youxian County in Hunan province, have been told to suspend operations while samples of rice stored at the mills is tested by the provincial quality inspection agency, Xinhua reported. A May 16 statement by the ...
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UPDATE 1-Armani sees no slowdown even in China
Tue May 21, 2013 12:36pm EDT * Revenue up 16 pct to 2.091 bln euros in 2012 * Net cash at 565 mln euros * Says planned succession but won't give details By Astrid Wendlandt and Isla Binnie PARIS/MILAN May 21 (Reuters) - Italian fashion house Giorgio Armani on Tuesday said it had not seen a slowdown, even in China, the industry's main engine of growth, where rivals noted more muted demand ...
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Royal Trophy set for China debut in December
China will host the Royal Trophy team event for the first time this year, organizers said Tuesday, adding to a list of big golf tournaments in the country.The seventh edition of the tournament between Asia and Europe will be held at Dragon Lake Golf Club in Guangzhou, the capital city of South China's Guangdong Province, from December 20 to 22, they said in a press release."The ...
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China India pledge closer cooperation in joint statement
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 have a historic opportunity for economic and social development and the realization of this goal will advance peace and ...
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UPDATE 1-No active U.S.-EU-China solar talks under way - USTR
Tue May 21, 2013 11:43am EDT (Adds details on stock price moves, background on dispute) WASHINGTON May 21 (Reuters) - WASHINGTON, May 21 (Reuters) - The United States is not actively negotiating a solar trade deal with the European Union and China, a spokeswoman for the U.S. Trade Representative's office said on Tuesday without ruling out the idea. "Our goal is to support a healthy ...
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Burberry upbeat on China prospects as it reveals strong menswear sales
Burberry today struck an upbeat note on its prospects in China, as an emerging army of luxury shoppers in the Asian country helped to drive a sharp uplift in annual ...
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China warns EU against trade probe into mobile telecom equipment
The interests of both sides would be hurt if the European Union (EU) goes ahead with an anti-dumping and anti-subsidy investigation into mobile telecommunications equipment from China, said a senior Chinese official on Tuesday.Telecom manufacturers of China and the EU have enormous interests in each other's markets and have broad cooperation, Chinese Commerce Minister Gao Hucheng told ...
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Former Greece basketball coach appointed to lead China to Rio 2016
May 21 - Panagiotis Giannakis, the man who led his native Greece to European glory in 2005, has taken over at the helm of the Chinese national men's basketball team, who parted company with American coach Bob Donewald Jr after they lost all five of their ties at London 2012. "The former Greek national team boss will be the national team coach," confirmed the Chinese Basketball ...
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China protects Mogao Grottoes with huge investment
/enpproperty--> LANZHOU - China is investing millions of dollars in a flood control project to prevent Mogao Grottoes, a UNESCO World Heritage Site in Northwest China's Gansu province, from seasonal flooding, the caves' administration said on Tuesday. Designed to combat a once-in-300-year flood, the banks of the Daquan River where the grottoes are located, will be strengthened with ...
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Bayer wants to export technology made in China
/enpproperty--> Germany-based Bayer Group said that while China is continuously exporting products to the global market, it's also expected to export technology to the rest of the world. "We are aiming to reach a global innovation footprint for Bayer and its partners by exporting China-made technology to the rest of the world by 2020," said Patrick Thomas, CEO of Bayer ...
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‘Biggest Angklung Performance’ to be held in Beijing
/enpproperty--> Angklung, listed by the UNESCO as an Indonesian musical instrument, has drawn the attention of many people in the world and became one of the country's cultural icons. The Embassy of Indonesia in Beijing in cooperation with the Indonesia-China Friendship Association and supported by the Embassy of China in Jakarta, are organizing "the Biggest Angklung ...
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Smuggled snakes tortoises confiscated in S China
A large number of snakes and tortoises were confiscated in a cross-border smuggling case in south China's Guangxi Zhuang Autonomous Region, local border police said ...
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India China have wisdom to solve border row Li
Chinese Premier Li Keqiang said both sides had agreed to push forward negotiations through their special representatives, who are to meet soon. (AFP ...
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CIBT Subsidiary Establishes Education Center in Beijing
VANCOUVER, British Columbia--(BUSINESS WIRE)-- CIBT Education Group Inc. (TSX: MBA and OTCQX: MBAIF) ("CIBT") is pleased to announce that its subsidiary, King George International College ("KGIC"), one of the largest private English training schools in Canada, has completed the construction of its Beijing Education Center with plans to hold a grand opening ceremony ...
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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