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Global Stocks Slip on Signs of Economic Stress in China and Japan
HONG KONG ...
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China survive Indonesia scare in Sudirman Cup
KUALA LUMPUR (AFP) - Defending champions China had to dig deep to avoid a surprise defeat to Indonesia, winning 3-2 on Thursday in the quarter-finals of the Sudirman Cup.Two days after whipping their arch rivals 5-0 in a group match, China, who have not lost a tie since falling 2-3 to South Korea in the 2003 final, were stunned by a determined and gallant Indonesian outfit.But Chinese supremo Li ...
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METALS-Copper falls after China factory data hits recovery hopes
Thu May 23, 2013 8:47am EDT * HSBC China flash PMI falls to seven-month low of 49.6 * Worries of early end to bond buying also hurt sentiment By Eric Onstad and Rosalba O'Brien LONDON, May 23 (Reuters) - Copper reversed the week's gains, sliding as much as 3 percent on Thursday after a survey showed factory activity in top metals consumer China shrank for the first time in seven ...
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Boeing gets 787 clearance in China
Boeing's 787 has been cleared for use in China. Airlines in China have been cleared to begin using Boeing Co. 787s for commercial service. The Wall Street Journal reports China's aviation regulator cleared the plane on Thursday. Chinese airlines have ordered a total of 35 of the Boeing (NYSE: BA) 787, including 10 each for Hainan Airlines Co. and rival China Southern Airlines ...
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ROK president to visit China spokesman
Republic of Korea (ROK) president Park Geun-Hye will pay a state visit to China in late June at the invitation of her Chinese counterpart Xi Jinping, a Foreign Ministry spokesman said at a Thursday press briefing.Since Park took office, the two heads of state have maintained communication and exchanges through multiple channels, Hong said."We believe that President Park Geun-Hye's ...
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Chinas 13th escort fleet returns from Somali waters
The 13th naval escort squad sent by the Chinese People's Liberation Army Navy to Somali waters has returned home after successfully completing its mission.The fleet, including the frigates Huangshan and Hengyang as well as the supply ship Qinghaihu, arrived at a port in Zhanjiang, a city in south China's Guangdong Province, on Thursday morning.During the 196-day mission in the Gulf of ...
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China Switzerland get more to cooperate on
/enpproperty--> ZURICH, Switzerland - Chinese Premier Li Keqiang's upcoming visit to Switzerland is not only expected to be a great push for bilateral economic exchanges, but also a demonstration of China's resolution in further opening up and participating in multilateral affairs. Switzerland is the third leg of Li's first overseas trip as premier. He's currently on an ...
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5 dead 4 injured in E China road accident
/enpproperty--> JI'NAN - Five people have died and four others were injured in a road accident in East China's Shandong province on Thursday, local authorities said. The accident happened around 4 a.m. on a highway in Chengwu County, sources with the county government said. Two people died on the spot and seven others were injured after a three-wheel motorcycle they were in ...
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China and India should deepen ties
China and India should ignore obstacles created by the West and strengthen cooperation, says an article in the 21st Century Business Herald (excerpts ...
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Whats driving one of Chinas richest men
Wang Jianlin , founder and chairman of closely held Wanda Group and one of the richest men in China, knows how to pack a visitor's itinerary. One day in April, he flies Hawk Koch, president of the Academy of Motion Picture Arts and Sciences, from Beijing to Dalian, a port city on the Yellow Sea, in his Gulfstream G550. Wang is launching an international film festival in Dalian, and ...
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Gold Price Bounces 3 with Silver as Tokyo Stocks Sink China Slows US Fed Discusses Immediately Cutting $85Bn in Monthly QE
pushed higher Thursday morning in London, with silver making the same 3.0% rally from yesterday's sell-off while world stock markets slid and commodities fell.Tokyo's Nikkei index - up by 85% from November - dumped more than 7% after new data showed a surprise contraction in China's manufacturing sector.Private "retail" investors have "abducted" the Japanese ...
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China plans tougher quality standards for coal to tackle pollution
A man stands in front of a house that is surrounded by piles of coal near the town of Dangcheng in Quyang county, located 250 km (155 miles) southwest of Beijing December 7, ...
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Indications Stock futures sink rattled by Fed China data
NEW YORK (MarketWatch) -- U.S. stock futures slumped on Thursday after Japanese equities plunged overnight, as fears over a tapering of the Federal Reserve's bond-buying program and weak Chinese economic data combined to spook investors around the ...
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Tibetan rights groups criticise China over monks five-year jail term
Tibetan monks at a ceremony in Qinghai province. Tibetan rights activists have expressed outrage at China jailing monk and author Gartse Jigme for five years. Photograph: Reinhard ...
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Boeing gets green light from China for 787s
Boeing's 787 Dreamliner Boeing Co. has reportedly received approval from China's aviation regulator for the 787 Dreamliner to begin commercial service with the nation's airlines. Chinese airlines have ordered a total of 35 Dreamliners, the Wall Street Journal reports. The regulatory approval will help the airlines replace their older planes at a faster pace and expand their fleets to ...
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Chinas Chery Automobile inks partnership deal with BWF
China's car manufacturer Chery Automobil and the World Badminton Federation (BWF) on Thursday signed a partnership agreement, which the two sides described as a "win-win cooperation."The agreement will see Chery become an "official partner of BWF " for major badminton events, the Thomas and Uber Cup, Sudirman Cup and World Championships in four years."We are aware ...
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Manufacturing contraction dampens hopes for Chinas swift recovery
China's manufacturing activity contracted in May, suggesting that economic growth is likely to keep dipping, as authorities have tightened policies over concerns of growing financial risks.The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for May fell to 49.6, dropping under the boom-bust line of 50 for the first time since October, according to figures released by HSBC on ...
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China ASEAN jointly recommend brands
The China-ASEAN Business Council (CABC) held a press conference in Beijing on Thursday to release a list of recommended brand-name products manufactured by China and the ASEAN bloc.Sixty companies and products from China were listed, as well as 45 companies from ASEAN countries.The recommendation list is intended to enhance understanding between both sides and promote economic cooperation, said ...
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Large tungsten mine discovered in East China
Geologists have discovered a large tungsten mine in east China's Jiangxi Province, officials said Thursday.More than 1 million tonnes of tungsten and associated copper have been found at the mine in the Zhuxi mineral area of Fuliang County in the northeast part of the province, said Peng Zezhou, chief of the provincial geology and mineral resources exploration bureau.The Ministry of Land ...
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China ROK to hold 6th high-level strategic dialogue
China and the Republic of Korea (ROK) will hold the sixth high-level strategic dialogue between their foreign ministries in Beijing next month, a Chinese Foreign Ministry spokesman announced Thursday.Chinese Vice Foreign Minister Zhang Yesui and ROK's First Vice Foreign Minister Kim Kyou-hyun will attend the dialogue scheduled for June 3.They will exchange views on bilateral relations and ...
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China issues rules to prevent judicial order disruptions
Police officers posted at people's procuratorial organs will be responsible for stopping any efforts to disrupt judicial order, according to a renewed set of regulations.Protective restraint will be imposed by police officers on people, including petitioners, who attempt to injure or kill themselves at procurators' offices, according to the regulations.The regulations were recently ...
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President Xi stresses rehabilitation in quake-hit SW China
President Xi Jinping has asked local governments in southwest China's Sichuan Province, which was hit by a strong earthquake last month, to shift their focus to rehabilitation.During a visit to hard-hit Lushan County, Xi urged local governments to carefully evaluate the damage and draft a rehabilitation plan based on local conditions.The rehabilitation program should not only consider local ...
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China to support Pakistans stability and growth
/enpproperty--> ISLAMABAD - The Chinese government will unswervingly stick to its friendly policy toward Pakistan and support the South Asian nation in realizing stability and better development, visiting Chinese Premier Li Keqiang said here Thursday. Li was speaking during a meeting with Pakistani military leaders including Chairman of Joint Chiefs of Staff Committee General Khalid Shameem ...
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China warns blind dissident ahead of Taiwan trip
BEIJING (Reuters) - China warned blind legal activist Chen Guangcheng on Thursday to mind his language ahead of his trip next month to political rival Taiwan, on a visit which could infuriate Beijing if, as expected, Chen uses it to criticise Chinese rights abuses. China has been largely silent on the issue of Chen since he fled from house arrest and took refuge in the U.S. embassy in Beijing ...
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Stocks weighed down by China and Fed fallout
U.S. stocks fell Wednesday after mixed messages from the Federal Reserve about its ongoing bond-buying program. Stocks had rallied earlier as investors welcomed comments from Fed ...
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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