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Polluting to death China introduces execution for environmental offenders
Politics China has introduced "harsher punishments" for breaking the nation's environmental protection laws: reckless violators of pollution standards in the world's biggest and fastest-growing economy now face execution. A new judicial interpretation taking effect on Wednesday has tightened Chinese "lax and superficial" enforcement of environmental protection ...
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Economic Report China factory activity slowing further in June
LOS ANGELES (MarketWatch) -- China's manufacturing sector was slowing further in June, according to HSBC's preliminary results from its monthly survey, released ...
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Nikkei falls as weak China data prospect of less Fed stimulus chill sentiment
* Nikkei down 1.1 pct, Topix off 0.9 pct as Fed comments hurt sentiment * China's weak factory data drags down China-related manufacturers * Real estate shares battered * GS Yuasa soars on battery JV with Bosch By Ayai Tomisawa TOKYO, June 20 (Reuters) - Japan's Nikkei share average fell on Thursday morning, as weak China factory activity data further unsettled markets coming to grips ...
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China manufacturing shrinks
A SURVEY shows manufacturing in China contracted this month on weakening demand, adding to fears about the strength of the recovery in the world's second-biggest economy. HSBC on Thursday said the preliminary version of its monthly purchasing managers index fell to a nine-month low of 48.3 in June. That's down from 49.6 in May. Numbers below 50 indicate a contraction. June factory output ...
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China overnight repo rate surpasses 13 pct highest on record
SHANGHAI, June 20 | Wed Jun 19, 2013 11:09pm EDT SHANGHAI, June 20 (Reuters) - A key interbank lending rate in China's money market reached its highest level in at least 10 years on Thursday. The weighted-average one-day bond repurchase rate reached 13.1 percent On Thursday morning, the highest level since Reuters' historical data series began. A severe liquidity squeeze has ...
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China The Dark Side of Growth
Emerging from the ranks of one of the world's poorest nations to second only to the United States, China is destined for a place in history books. But history may also record the heavy price paid by Chinese people and will continue to pay for years to come. China's steady rise against the backdrop of a sluggish global economy has emboldened Chinese leaders to claim firm confidence in ...
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Chinas largest search-and-rescue ship to visit Sydney
China's largest search and rescue vessel will visit Australia this week on its first international voyage.The MV Haixun 01 will arrive at Sydney's Garden Island port on Saturday, where it will remain till June 28.The ship will then head north to Australia's tropical paradise Cairns, which it will call home for four days during the Asia- Pacific Heads of Maritime Safety Agencies ...
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Sovereignty of countries should be respected in using resources China
A Chinese diplomat on Wednesday said that all countries have indisputable sovereignty over the resources within their territory, stressing the importance of the relationship between natural resources and prevention of conflicts.Wang Min, China's deputy permanent representative to the UN, made the remarks at a Security Council meeting on conflict prevention and natural ...
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Xi China Vietnam should follow path of friendly cooperation
Chinese President Xi Jinping (L) and Vietnamese President Truong Tan Sang wave during a welcoming ceremony in Beijing, capital of China, June 19, 2013. Photo: XinhuaChinese President Xi Jinping on Wednesday urged China and Vietnam to "unswervingly march together along the path of friendly cooperation" despite distractions.Xi made the comments during his three-hour-long talks with ...
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Chinas interbank rates swing back to high level
Borrowing costs between Chinese banks soared Wednesday after a brief retreat from high levels, suggesting the market remains concerned of a liquidity shortage.Shanghai Interbank Offered Rate (SHIBOR) overnight rate surged 216.9 base points to 7.66 percent, reversing from downwards in the last two days. The SHIBOR overnight rate hit a record high at 9.58 percent last week before plunging to 4.81 ...
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Australian entrepreneurs eager to benefit from Chinas booming demand
Around 100 Australian entrepreneurs gathered in Melbourne Wednesday to find out how to seize the golden opportunities emerging from China's booming economy and demand, especially during Beijing's 12th five-year plan.The Australia-China Business Week forum, also attended by officials from the Chinese Consulate-General in Melbourne and government of the Victoria State, as well as some ...
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Liquidity crunch to plague China
BEIJING - The recent interest rate increases in China's inter-bank market have raised concerns over a liquidity crunch, but experts have viewed it in the context of weak economic recovery and argued that liquidity is ...
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Most costly takeover boosts Chinas dairy restructuring
Yashili milk formula products at an expo in Beijing in July. Yashili was ranked eighth in China's milk formula market and had a growth rate of 35.8 percent last year. [Photo / Provided to China ...
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Coming soon Chinas first space lecture
Wang Yaping, the female crew member among three ';taikonauts,'; will broadcast a lecture to students throughout China about physics from a space ...
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Netizens divided over China dog meat festival
An animal rights group has failed to stop a festival in southern China dedicated to dog meat, which has garnered much media attention and divided China's internet community in recent ...
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China maintains cautious monetary stance
The Chinese central government said on Wednesday it will continue its prudent monetary stance while the world's second-largest economy slows down, with the market seeing its worst cash crunch in at least seven years. In a statement after a meeting chaired by Premier Li Keqiang, the State Council, China's cabinet, said the economy is generally stable. The prudent monetary stance ...
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Chinas Li Na reaches last eight without play
China's Li Na advanced to the quarter-finals of the Eastbourne International tennis tournament on Wednesday as her French opponent Marion Bartoli pulled out due to a viral infection.Li, the second seed, was told by her coach 10 minutes before the match kicked off.Bartoli, ranked 15th in the world and the 2011 champion, said in a statement, "I'm really disappointed to have to ...
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China beat Australia 69-64 in womens basketball friendly
Chinese women's basketball team resisted the challenge from their Australian counterpart to hold off the latter 69-64 in Game 1 of Sino- Australian Women's International Basketball Challenge here on Wednesday.About 2,000 fans crowded into Wuyang Coal Mine Sports Center to support Chinese girls. After almost-one-month training in Europe, Chinese team coach Tom Maher called 29-year-old ...
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China launches Wushu Carnival for diplomats
Wushu has opened its arms to the foreign diplomats as the Wushu Carnival with the Diplomatic Corp in China kicked off here at the China Foreign Affairs University (CFAU) on Wednesday.Ambassadors, officials and staffs at the foreign embassies in Beijing may join the Wushu class every Sunday afternoon at CFAU, learning Tai-chi, Bagua, Shaolin...etc.The three-month Wushu Carnival will end on late ...
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Sudanese president receives Chinas representative on African
Sudanese President Omar al-Bashir on Wednesday received the Chinese government's representative on African affairs Zhong Jianhua.According to a statement by the Chinese embassy in Khartoum, during the talks, the two sides exchanged view points on bilateral relations and the situations between Sudan and South Sudan.Also on Wednesday, Zhong held talks with Sudanese Presidential Assistant ...
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China Vietnam establish fishery hotline
Agricultural authorities from Beijing and Hanoi agreed on Wednesday to establish a fishery emergency hotline, as the leaders of the two countries vowed to prevent disputes from derailing ties. On his first official trip to China, Vietnamese President Truong Tan Sang and President Xi Jinping also witnessed the signing of another nine agreements in areas including defence, economy and public ...
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DHL setting its sights on Chinas western regions
tsche Post DHL, one of the first foreign courier companies to enter China, will tailor its services for the country's booming western regions, a top company executive said on Tuesday. A growing number of enterprises are relocating to these regions to better manage costs and increase efficiency. The company, with headquarters in Bonn, Germany, will provide a range of solutions, including ...
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Japanese exports rise to US and China as the currency tumbles
Japanese Prime Minister Shinzo Abe's "shock and awe" tactics to revive the world's third biggest economy paid off in May with the biggest rise in exports since ...
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Press Digest - China - June 20
SHANGHAI, June 20 | Wed Jun 19, 2013 9:10pm EDT SHANGHAI, June 20 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Thursday. Reuters has not checked the stories and does not vouch for their accuracy. CHINA SECURITIES JOURNAL - China Securities Regulatory Commission will introduce new policies to simplify administrative approvals for ...
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Kobe Bryant Statue in China Sets Twitter Abuzz
L.A. Lakers Player Beats Strange Defamation Claim Over TMZ-Related Tweet Outside the Guangzhou Academy of Fine Arts' Sculpture Museum stands the seemingly misplaced statue of Bryant, dressed in his Lakers uniform with a basketball under his ...
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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