Latest Beijing News
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China premiums for refined copper hit 7-month high
Tue May 21, 2013 4:35am EDT * Domestic premiums at around 500 yuan/T over Shanghai front-month contract * One producer takes more than 10,000 T from spot market, adds pressure * Availability of bonded stocks falling By Polly Yam HONG KONG, May 21 (Reuters) - Premiums paid by Chinese buyers of physical refined copper have risen to a 7-month high after domestic producers cut output following a ...
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Chinas Li seeks stronger economic ties with India
Chinese Premier Li Keqiang waves at the media in front of Indian Prime Minister Manmohan Singh during his ceremonial reception at the Indian President's palace in New Delhi, India, Monday, May 20, 2013. Li said Monday he chose India for his first foreign visit because cooperation between the world's two most populous nations is crucial to world stability and economic growth. He was ...
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China to give harsher penalties for flight bomb hoaxes
Law enforcement authorities vowed on Tuesday to hand down harsher punishments for those found guilty of fabricating threats targeting civilian flights following a series of such hoaxes.The Ministry of Public Security (MPS) said in a statement that those who made false bomb threats targeting a number of flights last week have been arrested.The MPS has issued a notice to police in all areas asking ...
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Heavy rain kills 2 in S China
Heavy rain that has fallen since Saturday has killed two people in South China's Guangdong Province, bringing the death toll resulting from rainstorms to 36 so far this year, officials said Tuesday. As of 7 pm Monday, over 16,000 residents had been evacuated in the cities of Meizhou and Chaozhou, according to He Guoqing, executive deputy director of the provincial flood control and drought ...
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EU investigation could affect business from Chinas 4G deployment
IDG News Service - The European Union may be trying to protect its telecom equipment industry with its recent threat to investigate China over networking equipment imports. But the move could end up hurting the chances of Western vendors intent on supplying technology to China's upcoming 4G services launch, according to analysts. Last week, the EU set off fears of a trade war with China ...
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China’s first masters of equine studies
/enpproperty--> Three female postgraduate students passed the oral defense of their thesis and became China's first masters of equine studies in Wuhan Business University. The university and Tianjin University of Sport cooperated to set up the degree program in 2011. The students completed the study of theoretical knowledge in Tianjin and came to Wuhan for field studies in September ...
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Yoshikami Low Cost China is Old News
I spent one day in Detroit last week moderating a panel for a large Chinese industrial zone as well as for automakers. In the audience were CEOs and others seeking to understand trends in the automotive industry as they relates to China. It was a fascinating discussion. Interestingly, while many consider China as the home of low-cost production, senior executives from companies and government ...
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Mei Yan Joins Brunswick as China Senior Partner
BEIJING and SINGAPORE, May 21, 2013 /PRNewswire/ --Brunswick Group, a leading corporate communications partnership, today announced Ms. MEI Yan has joined the firm as Senior Partner for China. The Company also announced the opening of an office in Singapore in August, 2013, which will be Brunswick's fourth office in Asia and its ...
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Indias trade deficit with China set to grow Analysts
BEIJING: Notwithstanding steps announced by India and China to reduce their trade deficit during Premier Li Keqiang's ongoing visit, Chinese analysts believe the imbalance is likely to keep growing in the short term due to structural problems. "India's trade deficit with China is expanding. In the short term, that's hard to resolve. The imbalance is mainly because India has ...
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Man arrested for hoax bomb calls that ground five planes in China
A man who allegedly made bomb threat calls yesterday and disrupted five domestic flights to Shenzhen was arrested early this morning by police. Shenzhen police said the suspect, surnamed Wang, made six hoax calls to several flights yesterday morning. The arrest was made at 3:15am today, police said. Wang allegedly had confessed to making all the calls, according to police. Police so far ...
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China shares eke out 5th straight gain tech leads
HONG KONG | Tue May 21, 2013 3:06am EDT HONG KONG May 21 (Reuters) - China shares eked out a fifth-straight gain on Tuesday, as strength in technology counters outweighed lingering weakness among power producers due to concerns that potential curbs on lower quality coal imports could hurt margins. The Shanghai Composite Index ended up 0.2 percent at 2,305.1. The CSI300 index of leading ...
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8 arrested over SW China river pollution
Eight people have been arrested in connection with illegal dumping activities that polluted a local waterway in Southwest China's Yunnan Province, prosecutors said Tuesday.The Yunnan Provincial People's Procuratorate has approved the eight arrests on charges of polluting the environment, a statement issued by the procuratorate said.The legal representatives of three ore dressing or ...
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Chinas market-oriented reform battles crises
The first one is the crisis stemming from the reform of the pricing system. During the initial period of the reform, a double track pricing system was in place, meaning some commodities were priced by the government, and others priced by enterprises according to market demand. The system brought about pricing differences of the same ...
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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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Chinese analysts defend Sino-India trade imbalance
China's growing surplus in trade with India, an issue of concern to New Delhi, is difficult to resolve and is likely to widen, Chinese experts said. The trade imbalance has come up during the current India visit by Chinese Premier Li Keqiang. Trade between India and China is one of the fastest growing, although the two Asian neighbors have longstanding border disputes that resulted in a ...
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China key money rates rise narrows c.bank injects funds via open market
* Key 7-day money rate rises 2 bps to 4.40 pct * One-day repo rate jumps 34 bps to 3.39 pct * C.bank injects 101 bln yuan via open market on Tuesday By Chen Yixin and Kazunori Takada SHANGHAI, May 21 (Reuters) - China's key seven-day money rates extended their rise on Tuesday due to tight liquidity conditions caused by tax payments by companies. However, gains were capped after 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 ...
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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