Latest Beijing News
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Building Collapse in SE China
Beijing, May 21 (BNA) - A building collapsed in southeast China's Fujian Province on Monday afternoon, no one was killed or injured, China's News Agency (Xinhua) reported. The four-storey building in downtown Fuzhou, capital city of Fujian, was being renovated when it collapsed, according to sources with the municipal committee of the Communist Party of China. All the construction ...
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Meat exports could be allowed into China within days
Source: ONE Sport Exports of New Zealand meat could be allowed into China again within the next few days. Meat exports have been blocked from entering the country since the end of April, and the Ministry for Primary Industries (MPI) has made resolving the issue its "number one priority". ...
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Lis India trip to enhance regional growth Chinese daily
Beijing, May 21 (IANS) Premier Li Keqiang's visit to India will contribute to regional economic development and integration, a Chinese daily said Tuesday. An editorial in China Daily noted that Li's ongoing visit to India will create a new chapter in Sino-Indian relations. "That Li chose New Delhi as the first leg of his first overseas trip as China's head of government is ...
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Li says China will allow greater access to Indian business
(52 mins ago) Premier Li Keqiang who is visiting India pledged to open up domestic markets to Indian businesses and narrow a gaping trade deficit between the two countries. ';As for Indian concerns over the trade deficit, the Chinese side is willing to provide facilitations for more Indian products to access the Chinese market,'' Li said during a speech to Indian business ...
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India China have not shied away from addressing the boundary question Chinese Premier
Chinese Premier Li Keqiang addressed university students at a function organised by the ICWA at the Taj Palace Hotel in New Delhi.Here are the ...
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India China have wisdom to address bounday issue Li
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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Grade-A office rent in Beijing unchanged
Beijing remained unchanged in the first quarter while the vacancy rate edged up for two straight quarters, a report from international real estate specialists Knight Frank showed. The average monthly rent for Beijing's grade-A offices remained unchanged at 396 yuan ($63.9) per sq meter in the first quarter. The market vacancy rate increased by 1 percentage point to 4.8 percent. The small ...
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India China MoUs to address trade deficit mark a good beginning
India and China today signed three Memorandum of Understandings (MoUs) on buffalo meat, fisheries and pharmaceuticals; and one agreement on feed and feed ingredients. The MoUs will address trade deficit between the two countries. The trade deficit has increased from US$1.08 billion in 2001-02 to $40.77 billion in 2012-13. The MoUs were signed during the visit of the Premier of the State Council ...
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China hackers got spy info from Google report
-0.07% databases accessed valuable information about U.S. knowledge of Chinese espionage activities, the Washington Post reported late Monday. The cyber-intrusions, which Google reported in 2010, included information on U.S. court orders to conduct surveillance of Gmail accounts, the report said. This, in turn, likely tipped off China as to which of its operatives had drawn the suspicion of U.S. ...
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N Korea releases China sailors
North Korea has released 16 Chinese fishermen and their boat, Chinese state-run media said on Tuesday, after reports that armed assailants had taken the sailors hostage and demanded a ransom. "All the fishermen with the boat are safe on their way back," China's Xinhua news agency said, citing a Chinese embassy official in Pyongyang it said had heard the news from the ship's ...
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China insurer PICC PC plans $938 mn rights offer
Casualty Co Ltd (PICC P&C) is raising 5.76 billion yuan ($938 million) to bolster capital, expecting strong growth and amid signs that profitability of Chinese insurers are coming under pressure. China's property and casualty insurance market is expanding between 10-15 per cent annually, making it the fastest growing in the world. That growth also makes it imperative for the insurers to ...
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Washington’s hacking charges escalate pressure on China
Yesterday, top US officials and media made unsubstantiated allegations of hacking of US computer systems by a military unit in Shanghai, escalating tensions with China. ...
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Annual fishing ban on South China Sea begins today
An annual fishing ban on the northern part of the South China Sea will begin on Thursday, aiming to further protect marine resources and promote environmental awareness among ...
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Hainan Airlines to launch Beijing-Chicago route on Sept 3
Economy-class passengers on the new route, which will initially use an Airbus 340, will be charged about 5,500 yuan ($895.4) for return tickets up to the end of ...
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China’s Xi will meet Obama earlier than expected
China president Xi Jinping AP FILE PHOTO BEIJING -- China’s new leader Xi Jinping will confer with President Barack Obama next month in California, months earlier than their expected first meeting, as both sides seek to stem a drift in relations, troubled by issues from cyberspying to North Korea. The June 7-8 meeting at a retreat southeast of Los Angeles, announced Monday by the White ...
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China Jiangsu Commodities Exhibition opens in Osaka
China Jiangsu Commodities Exhibition 2013 kicked off on Tuesday in the western Japanese commercial city of Osaka, attracting more than 160 firms and manufacturers from the Chinese coastal province.The three-day event, held in "MyDome Osaka," a major exhibition hall in central Osaka, is mainly organized by the Japan-China Economic Relations and Trade Center in cooperation with the ...
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Chickens back on the menu in China
Panic over the spread of the deadly bird flu across China appears to be subsiding, with a few outbreak-hit provinces rolling back their high-alert state of readiness after reporting no new infections over the past two weeks. With experts expecting the impending summer heat to weaken the H7N9 virus, three eastern provinces - Jiangsu, Zhejiang and Shandong - have announced that they will relax ...
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China India agree to boost peace along border
India and China agreed to explore ways to maintain peace along their long but undefined border, as visiting Chinese Premier Li Keqiang promised to build trust with India. Li said "amicable ties" between the two economic powers were good not just for Asia, but for the world as well. Weeks after a border dispute was resolved, Indian Prime Minister Manmohan Singh and Li yesterday agreed ...
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Beijings Pollution Alarms Neighbors
Severe air pollution on Jan. 12 in Beijing, China. Air quality index levels were classed as "Beyond Index." (Photo: Hung Chung Chih, ...
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Hong Kong shares nudged off 3-12-month high China slips
Tue May 21, 2013 12:29am EDT * HSI -0.5 pct, H-shares -1.1 pct, CSI300 -0.2 pct * ICBC down 2 pct after Goldman, vs 2.5 pct discount * PICC P&C slides after $938.3 million rights issue By Clement Tan HONG KONG, May 21 (Reuters) - Hong Kong shares fell from a 3-1/2-month high on Tuesday, while China markets looked set for their first loss in five days, hurt by a series of fund raising moves and ...
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UPDATE 3-Goldman exits Chinas ICBC 7 years and billions later
Tue May 21, 2013 12:09am EDT * Goldman prices final tranche at top of marketing range * U.S. bank made initial investment in 2006 * Return on investment is almost 4 times original stake * ICBC shares drop 2 pct early on Tuesday By Fiona Lau and Elzio Barreto HONG KONG, May 21 (Reuters) - Goldman Sachs Group Inc raised $1.1 billion by selling its remaining shares in Industrial and Commercial Bank ...
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No new H7N9 cases in China for a week—government
Electron microscope image provided by the Centers for Disease Control and Prevention shows the H7N9 virus which can take on a variety of shapes. . AP FILE PHOTO BEIJING--No new human cases of the H7N9 virus have been recorded in China for a week, national health authorities said, for the first time since the outbreak began in March. One previously infected patient died in the week beginning ...
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A glance at the Central China Expo 2013
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Is China Sending Its Treasurys Packing
Reports that China may step up the diversification of its huge foreign exchange reserves is not great news for U.S. Treasurys, already under pressure from talk about an easing in the Federal Reserve's bond-buying program. But, the fall-out from such a move is likely to be limited, analysts say. The body that manages China's currency reserves has set up an operation in New York to ...
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Central China Expo inks deals worth 447b yuan
/enpproperty--> A total of 435 contracts were signed at the eighth Central China Expo, yielding an investment value of 446.9 billion yuan ($72.7 billion), nearly triple that of last year's event, according to the expo's organizing committee on Monday. Investment mainly eyes emerging ...
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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