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Indonesia Chinas Guangxi to expand cooperation in exclusive economic zone
The governments of Indonesia and China's Guangxi Zhuang Autonomous Region have planned to widen cooperation in building exclusive economic zones in both countries, an Indonesian minister said here on Monday.The plan was unveiled at a meeting between Peng Qinghua, secretary of Guangxi Zhuang Autonomous Region CPC Committee, and Indonesian President Susilo Bambang Yudhoyono at the State of ...
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Eriksson Coaching in China his biggest challenge
It certainly recalled the memory of Sven-Goran Eriksson's memories from the "good old days" in Italy and England, when he was surrounded by journalists and fans."This will be one of the biggest challenges in my coaching career," Eriksson, who took rein of the Chinese Super League side Guangzhou Fuli 12 days ago, made his debut speech to more than 50 journalists here on ...
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Korean Air Increases Frequency to Canada and China
Korean Air, South Korea’s flagship airline, has announced to increase frequency on its routes to Canada and China. From 20 June, the current five flights a week between Seoul/Incheon and Vancouver will be increased to daily flights, with flights to Toronto also increased to daily from 24 June. The flights between Seoul/Incheon and the Chinese destination Jinan will increase from four ...
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Im Not a Spy for China Snowden
Edward Snowden, the former National Security Agency contractor who exposed the U.S. government's top-secret surveillance programs, fought back against his critics on Monday and denied allegations that he was a spy for China. Snowden told an online forum run by Britain's Guardian newspaper that he revealed the programs in part out of disappointment with President Barack Obama, who he ...
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Beijing hukou for Chinas migrant soldiers
The Beijing municipal authority issued a new policy for military conscription from universities in the Chinese capital city, the Beijing News ...
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Beijing Steps Up Efforts to Shore Up Stock Market
China's government has stepped up efforts to lift confidence in the country's flagging stock markets by buying more shares in the four biggest commercial banks, stock exchange statements showed on Monday. Central Huijin Investment, which holds Beijing's investments in state-owned financial firms, spent about 363 million yuan ($59.2 million) buying bank shares on June 13, Reuters ...
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China Supercomputer Tianhe-2 Claims Fastest Computer Title
A Chinese supercomputer – the Tianhe-2 – has leapt to the top of the latest Top 500 List, which tracks the fastest supercomputers in the world. The Tianhe-2 (or ';Milky Way-2″), which became fully operational two years ahead of schedule, clocks in at an astounding 33.86 petaflops per second. A petaflop is one trillion calculations. The Tianhe-2 is over 20 billion times as ...
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Hospitals in China Advertise Sale of Unwanted Babies
A nurse massages babies at the Xining Children Hospital in Xining City, Qinghai Province. Hospitals in Henan Province have been advertising the selling of unwanted babies, according to a report by China National Radio. (Getty ...
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China reduces US debt holding by less than 0.5
/enpproperty--> China, the largest foreign buyer of US Treasury securities, trimmed its holdings by $5.4 billion to $1.26 trillion between April and March, as foreign investors generally dumped US government debt, the US Treasury said. The reduction in China's US debt holdings by just under half of one percentage point was part of the first overall drop in foreign demand for US ...
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Beijing Suspicions Snowden spied for China ‘groundless’
BEIJING: China's foreign ministry on yesterday dismissed as 'groundless' suspicions that former US contractor Edward Snowden spied for Beijing."I think it is completely groundless," said foreign ministry spokeswoman Hua Chunying when asked at a regular news briefing if Snowden spied for China.They were the first concrete comments from Beijing on Snowden. Last week, Hua ...
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Pact doesnt seek to exclude China
/enpproperty--> The controversial Trans-Pacific Partnership continues to be fanned by speculation about the reasons behind an apparent intentional exclusion of China, led by the United States - but some suggest the argument falls flat for two reasons. Opponents of the "containment" theory find it difficult to conceive of a comprehensive Asia-Pacific trade pact that excludes ...
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Beijing luxury property market rebounds in May
/enpproperty--> Sales of domestic upmarket properties seem immune to the tightening policies that aim to rein in rampant housing price hikes and deter speculation, as both transaction volumes and the sales prices of Beijing's luxury apartments soared in May from April. A total of 82 luxury apartments priced at more than 15 million yuan ($2.45 million) were traded in May in the ...
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Four Seasons Shenzhen set to open in Chinas powerhouse city.
The 8th Four Seasons property in China will welcome business travellers to this important commercial hub, as well as leisure guests taking in ...
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Starboards battle with Smithfield over China-deal adds to activist image
By Nadia Damouni and Olivia Oran NEW YORK, June 17 | Mon Jun 17, 2013 7:56pm EDT NEW YORK, June 17 (Reuters) - Since Starboard Value LP was spun off as a separate hedge fund just over two years ago it has been fast gaining a reputation for aggressive shareholder activism, pushing for change in household names including AOL and Office Depot Inc. Initially investing in small cap value ...
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Quiet Assassin Bolton to quit Fidelity after China fund flop
The 63-year-old will step down as head of the Fidelity China Special Situations investment trust next year after three difficult years trying to master the world's second-largest economy.Nicknamed the Quiet Assassin in City circles, Bolton earned a stellar reputation as head of Fidelity Special Situations fund in the UK, making annual returns of 20% during his 28 years at its helm. He ...
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NYU Denies Receiving Pressure From China to Force Out Chen Guangcheng
A freeze-frame from a video address blind Chinese dissident Chen Guangcheng recorded and released after having escaped house arrest and sheltered in the U.S. embassy in Beijing on April, 22, ...
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WRAPUP 3-Snowden rejects suggestions he is a spy for China
Mon Jun 17, 2013 7:33pm EDT * Snowden hits back against critics, criticizes Obama * He questions whether he can get fair trial in U.S. * Shrugs off Cheney criticism, calls it an 'honor' * Obama reiterates trade-off between security and privacy By Laura MacInnis and John Whitesides WASHINGTON, June 17 (Reuters) - Edward Snowden, the former National Security Agency contractor who exposed ...
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New York University forcing me out China dissident
New York University was forcing him and his family to leave at the end of this month because of pressure from the Chinese government. The university denied Chen's allegations. Chen said in a statement that China's Communist Party had been applying "great, unrelenting pressure'' on NYU to ask him to leave, though he did not provide details or evidence to back his claim. ...
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Booklet Published to Foster Closeness With Church in China
Friday Is World Day of Prayer for Chinese ChristiansBy StaffROME, May 23, 2013 (Zenit.org) - An Italian publisher dedicated to the missions has published a booklet to aid in prayer for the Church in China, as May 24 is the World Day of Prayer for the Church there.Since China mandates that religious organizations be registered with the Patriotic Association and strictly controlled by the ...
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Chinas economy at risk of turning Japanese
Despite a history of conflict and competition, China and Japan share a contiguous geography and development models. China may also share Japan's economic fate.Japan's post-war economic recovery was based on an export-driven model, using low-cost labour to drive manufacturing. Consciously or unconsciously, China followed the same model when the country started to open up economically ...
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Slatest PM The Petting a Phoenix In China Edition
Washington Post : "Edward Snowden, who acknowledged leaking top-secret documents about extensive U.S. surveillance of telephone calls and Internet communications, claimed in an unusual live chat Monday that he sees no possibility of a fair trial in the United States and suggested that he would try to elude authorities as long as possible. The U.S. government has 'openly declar[ed] me ...
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Edward Snowden Chinas Useful Idiot
. (Kin Cheung/AP) In the week since he publicly identified himself as the source of classified information regarding NSA cyber-snooping programs, Edward Snowden has framed his flight to Hong Kong as an act of patriotism. When asked earlier whether he was a hero or a traitor, Snowden insisted he was neither: "I am an American," he said. And today, in ...
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Chinese pro-life activist says Beijing pressured NYU to end his fellowship
Chen Guangcheng, the blind Chinese pro-life activist who came to the US after an international incident in 2012, is losing his fellowship at New York University (NYU), and charges that the school has caved to pressure from the Chinese government. Chen received a fellowship at NYU as part of a negotiated settlement that allowed him to travel to the US, after he escaped from house arrest and ...
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China rejects Snowden spying claims
/enpproperty--> Foreign Ministry officials said on Monday speculation that NSA whistle-blower Edward Snowden might have spied for Beijing is unsound. "Such a notion is totally groundless," Chinese Foreign Ministry spokeswoman Hua Chunying said at a daily news conference. In its first official response to the Snowden case, the ministry also warned against politicizing the issue ...
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REUTERS SUMMIT-Ebay CEO confident of getting China payments license
Mon Jun 17, 2013 4:09pm EDT (For other news from Reuters Global Technology Summit, click on www.reuters.com/summit/Tech13) By Alistair Barr SAN FRANCISCO, June 17 (Reuters) - Ebay Inc will become the first foreign company to secure a financial payments license in China, CEO John Donahoe predicted, but the retailer is refraining from competing in the more aggressive and local-dominated retail ...
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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