Latest Beijing News
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Fitch Macao Banks Rapid China Growth Alters Risk Profiles
Lack of Stringent U.S. CMBS Underwriting Could Affect REITs Changes in the availability, pricing, and underwriting stringency of U.S. CMBS financing could affect REITs directly and indirectly, according to Fitch Ratings. In addition, a boom-or-bust cycle for CMBS loan performance would negatively affect REITs that regularly access the CMBS ...
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North Korea willing to take action to ensure peace envoy tells China
Kim Jong-un , also said that North Korea was willing to make joint efforts to resolve problems through six-party talks and other forms of dialogue, the state-run China News Service said on its website. (Reporting by Ben Blanchard and Sui-Lee Wee; Editing by Robert ...
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China calls for denuclearization on Korean Peninsula
Pyongyang envoy seeks end to int'l isolation, say experts China said on Friday it hoped relevant parties to continue sticking to the objective of denuclearization on the Korean Peninsula and work for peace and stability in Northeast Asia. Vice Chairman of China's Central Military Commission Fan Changlong made the call on Friday during his meeting with Choe Ryong Hae, the special envoy ...
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China to simplify forex transactions
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Chinas SOEs face poor profit prospects
BEIJING - With China's State-owned enterprises (SOEs) posting growth of just 5.3 percent from January to April this year, prospects for the SOEs' profitability in 2013 remain poor, analysts said. The SOEs saw their total profit growth slow to 5.3 ...
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China-Pakistan ties to get fresh vigor premier
/enpproperty--> ISLAMABAD - Visiting Premier Li Keqiang said Thursday that the commitment shared by China and Pakistan to deepening bilateral cooperation will inject new vigor into their friendship. The two nations boast an evergreen friendship that is always full of vim and vigor, Li said in a meeting with a cross-section of Pakistanis devoted to bilateral friendship. Noting that the ...
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Filmed insights into Chinas big change
An urge to record the phenomenon of China's transformation over the past two decades has propelled what has come to be known as the New Chinese Documentary Film Movement. Pioneers such as Duan Jinchuan, Zhang Yuan and Wu Wenguang have pushed a hugely influential "reality aesthetic", taking advantage of developing technologies that allow regular citizens to tell the stories they ...
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US schools vie for partners in China
/enpproperty--> US universities are seeking out partnerships in China, hoping to broaden their international reach and provide academic and research opportunities for students and faculty, as two campus presidents' trips to China show. The University of Pennsylvania "is deeply committed to its engagement in China", said Amy Gutmann, president of the Ivy League school in ...
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Sinovac Beijing Obtains China GMP Certificate Under the New GMP Guidelines
BEIJING, May 24, 2013 /PRNewswire/ --Sinovac Biotech Ltd. ( ), a leading provider of biopharmaceutical products in China, announced that Sinovac Beijing, the main operating subsidiary company of Sinovac, obtained the Certificate of Good Manufacturing Practices for Pharmaceutical Products (GMP Certificate) from the China State and Food Administration (CFDA) for its proprietary vaccines, its ...
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Beijing Shuts Down Taobaos Take a Number Service for Hospitals But Consumers Cry Foul
Chinese hospitals are, to put it mildly, a bureaucratic nightmare. Just checking into one generally involves, among other processes, waiting in line to take a number and often also waiting in another line to pay for taking that number. Monster e-commerce ...
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Mando China puts listing plan on hold
(25 mins ago) Mando China (1356) said it has decided to delay its plan to floating its shares in Hong Kong due to market volatility. The South Korean autopart maker was originally set to float its shares, aiming forHK$6.8-8.6 apiece, on the local bourse on May 30, seeking to raise as much as HK$2.093 billion. With a broadlot of 500 shares, the minimum charge is ...
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No guarantee of peace NKorean envoy warns China
BEIJING (AP) -- China told a top North Korean envoy Friday it wants a peaceful, denuclearized Korean Peninsula, and said the emissary warned there is "no guarantee of peace" but that his country was willing to hold talks with all ...
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China vows to liberalise interest rates
yuan currency more responsive to market forces and more convertible this year, the government said on Friday. China will draft plans on a deposit insurance system and quicken the development of private financial institutions, according to guidelines on reforms for 2013 drafted by the National and Development and Reform Commission ...
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Liberia Pr China or India - Who Takes Wologisi Mountain
The Government of the People's Republic of China has expressed interest in exploiting the Wologisi Mountain in Lofa County, northwestern Liberia, amidst reports here that an Indian company O.P. Jindal Group has similar interest. Chinese Ambassador Zhao Jianhua, told a news conference Thursday in Monrovia that the Wologisi Mountain is China's interest, but there is yet no formal ...
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Chinas premier Li Keqiang in Pakistan
By Syed Fazl-e-Haider KARACHI - Pakistan and China on Wednesday agreed to jointly work on an economic corridor for enhanced connectivity, with the two countries signing a series of agreements related to energy, technology and space during the first visit to Pakistan by China's premier Li Keqiang since he took office in March. Even so, local critics claimed Pakistan was of little ...
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News Analysis Beijing Signals a Shift on Economic Policy
SHANGHAI ...
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Deadly rainstorms landslides that claim dozens continue to batter S.China
The rainstorm has damaged thousands of homes and flooded city streets with up to five feet of water. Yesterday, a massive lightning strike was seen over Zhuhai, in Guangdong province. Two people in the region have died since Saturday, bringing the death toll from rainstorms to 36 this year, according to Chinese state news agency ...
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Sanya secure top spot in Chinas most preferred MICE destinations
Barely a decade since the first international hotel reached its shores, the tropical resort city of Sanya on Hainan Island has further flexed its tourism muscles to secure the top spot in China’s most preferred MICE destinations. With all the planned developments in Yalong Bay completed, Sanya is identifying its next hotbed of growth and grooming itself for another round of swanky ...
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Chinas first lady Peng Liyuan among worlds most powerful women
China's first lady Peng Liyuan has made it onto Forbes' list of the world's 100 most powerful women. The magazine complimented Peng for the impact she had in changing the image of China. Her Made-in-China fashion statement caught the attention of the world when she traveled with President Xi Jinping during his recent official trips abroad. Germany's Chancellor Angela ...
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Hainan Airlines and China Southern Airlines confirm Boeing 787s orders
CHINESE regulators have approved the Boeing 787 to fly in the country, a move that opens up a large potential market to the US aerospace giant. "I can confirm that the Civil Aviation Administration of China has granted type certification for the 787 Dreamliner," a Boeing spokesman said on Thursday. Chinese airlines have yet to take delivery of the high-tech 787, which last month ...
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Rosy China growth forecasts fade on further signs of slowdown
Reuters © A newly built residential compound is seen from the demolition site of an old village on the outskirts of Beijing May 23, 2013. REUTERS/Kim ...
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Chinas Air Pollution Is The Government Willing To Act
Skyscrapers are obscured by heavy haze in Beijing on Jan. 13. Air pollution remains a serious, sometimes overwhelming, problem, but researchers say environmental technology is available to solve ...
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Hong Kong shares slide to 4-week low on China growth concerns
Fri May 24, 2013 5:09am EDT * HSI -0.2 pct, H-shares -0.2 pct, CSI300 +0.6 pct * Hong Kong shares extended losses to lowest in almost a month * China shares posted fourth-straight weekly gain * China property weak on fears of China's slowdown By Yimou Lee HONG KONG, May 24 (Reuters) - Hong Kong shares extended losses to fall to their lowest in almost a month on Friday with the property ...
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Sergei Naryshkin to visit China on May 26-28
BEIJING, May 24 (Itar-Tass) - - Chairman of the Russian State Duma Sergei Naryshkin will visit China on May 26-28 to take part in the 6th session of the committee on cooperation of the All-China Assembly of People’s Representatives (ACAPR) and the lower chamber of the Russian parliament, a statement of the high legislative body of China says on ...
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Bears feast as flash PMI bares China slowdown
Results of China’s flash HSBC purchasing managers’ index (PMI) entrenched fears that recovery in the second-largest economy has stalled, and augured poorly for global growth in the months ...
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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