Latest China News
RSS-
PICC PC plans 5.76b yuan rights offer
Chinese State-controlled insurer PICC Property and Casualty Co Ltd (PICC P&C) is raising 5.76 billion yuan ($938 million) to bolster capital, expecting strong growth and amid signs that profitability of Chinese insurers are coming under pressure.China's property and casualty insurance market is expanding between 10 to 15 percent annually, making it the fastest growing in the world. That ...
-
Is China Pushing away from Diet of U.S. Treasuries Meet the New Old-Boy Network Banks Finally Draw a Line
YahooFinance ) In February, China held $1.251 trillion in U.S. Treasuries. In March, the figure dipped to $1.250 trillion. That's a billion dollar change in a month. Is that a big deal? On the surface, it may not seem like it. But if China begins to unwind from U.S. debt at the same time the Federal Reserve scales back its quantitative easing, that combination could pose trouble for ...
-
China to promote cleaner growth
/enpproperty--> China aims to promote cooperation among Asian political parties for sustainable development as Asia has become an engine of global economy but faces environmental challenges, an official of the Communist Party of China said on Tuesday. Shen Beili, director of Bureau I under the International Department of the CPC Central Committee, made the remarks ahead of the opening of the ...
More China News
RSS-
Netizens question young officials rocket promotion
/enpproperty--> A Party official in East China's Jiangsu province has denied nepotism played a part in the promotion of a senior official's daughter to a top post. Yuan Huizhong, 30, was appointed deputy secretary of Yangzhou's Communist Youth League in February. The appointment raised eyebrows, as she previously only had three years of experience with township authorities. ...
-
13 arrested in Beijing for rumormongering
/enpproperty--> BEIJING - Police in Beijing said Tuesday that 13 people have been arrested for allegedly spreading rumors and disrupting public order by inciting a protest after a young woman's death earlier this month. A statement from the Beijing Municipal Public Security Bureau said the woman surnamed Yuan, who fell to death from a clothing market building in Fengtai District on May ...
-
Chinas Xi to meet Obama months earlier than expected
BEIJING--China's new leader Xi Jinping will confer with U.S. President Barack Obama next month in California, months earlier than their expected first meeting, as both sides seek to stem a drift in relations, troubled by issues from cyberspying to North ...
-
China India in talks on trade strategy Li
Li Keqiang said on Tuesday in Mumbai. "There are solutions to helping the two countries maintain rapid growth in bilateral trade and investment," Li said during an evening banquet at the China-India Commercial ...
-
Chinese boat skipper beaten up by North Koreans owner
BEIJING--Gunmen wearing North Korean military uniforms released a Chinese fishing boat Tuesday after holding its crew for two weeks, beating up the captain and stealing the vessel's fuel, the boat's owner said. He added that the hijackers did not get the 600,000 yuan (US$100,000) ransom they had ...
-
China-Japan trade will pick up report
/enpproperty--> Economic and trade cooperation between China and Japan will get back on track if there is no further deterioration of the countries' already strained ties, leading Chinese think tanks said in an annual report released on Tuesday. The row over ...
-
China rallies poultry industry as bird flu fears wane
/enpproperty--> WUHAN - Agricultural officials ate poultry products at an ongoing national animal husbandry expo in order to boost public confidence in the poultry industry, as bird flu concerns are starting to disappear. Several officials, including Li Xirong, head of the China Animal Husbandry and Veterinary Station and Wang Zongli, deputy head of the animal husbandry department of the ...
-
Kim Jong-un tries to rebuild bridges with release of Chinese hostages
Pyongyang has backed down from a potentially damaging confrontation with its closest ally by releasing the crew of a Chinese fishing boat held hostage for over two ...
-
Exclusive EU says Chinese FTA possible but wants market opening
BRUSSELS (Reuters) - The European Union is willing to deepen trade ties with China but wants to see concessions from Beijing first, documents seen by Reuters on Tuesday ...
-
Massive sinkhole kills five in China
FIVE people have died after a 10-metre wide sinkhole opened up at the gates of an industrial estate in Shenzhen, the southern Chinese boom town neighbouring Hong ...
-
China gains observer status on the Arctic Council
, the eyes of many nations are turning north. This week, the eight member states of the Arctic Council decided at their meeting in Kiruna, Sweden, to admit six non-Arctic nations as observers, most notably China. New Scientist examines the ...
-
Families endure desperate searches for Chinas missing children
XUZHOU, China - In front of a van plastered with pictures of about 100 children's faces, Xiao Zhaohua and Wu Xinghu pleaded with passersby for help. "Please don't think this is someone else's problem, and never take your eyes off your children!" they shouted. "We don't want more people to feel the same sadness we do." Xiao, 37, and Wu, 33, are on a ...
-
UAE-Chinese economic relations discussed
ABU DHABI, 21st May, 2013 (WAM): Sultan bin Saeed Al Mansouri, Minister of Economy today stressed that huge potentials and opportunities are still untapped for the advancing of economic relations between the UAE and China as trade between the two countries increased 16 times in the past ten years to reach US$40.4 billion in 2012. China is the world's second largest economy and is among ...
-
Dish Sprint-SoftBank deal is a step toward China away from national security
Dish Network Corp. played up a Sprint Nextel Corp. suitors ties to China as new plot points unfolded Tuesday in the Sprint-Dish-SoftBank Corp.-Clearwire Corp. drama. A Tuesday filing with the Securities and Exchange Commission showed text from an anti-SoftBank-Sprint merger website paid for by Dish (Nasdaq: DISH), NationalSecurityMatters.com. On the site, Dish provides its take on SoftBanks ...
-
One pricey racing pigeon sold for world record $400K to Chinese businessman
Pigeons fly inside their coop at Pigeon Paradise in Knesselare, Belgium. Lightning fast pigeon Bolt with a name and pedigree to match has become the world's most expensive racing bird when his Belgian breeder sold it for $400,000 to a Chinese businessman. BRUSSELS - Flying high above Europe's economic crisis, a local lightning-fast pigeon called Bolt became the world's most ...
-
AIG buys stake in Chinese insurer with USD92.5m
(MENAFN) American International Group (AIG) stated that it will invest USD92.5 million in a rights offering from the Chinese insurance company PICC Property and Casualty Company Ltd, reported AP.After AIG went through a financial crisis, it received a multibillion bailout helping the company to pay its debt.The company sold off entities, such as AIA Group Ltd, an Asian insurance company, in ...
-
Death Toll from E. China Plant Blast Hits 13
(MENAFN - Qatar News Agency) The death toll from a blast that ripped through an explosives manufacturing plant in east China's Shandong Province has climbed to 13, according to China's News Agency (Xinhua). The explosion, which occurred inside a workshop of a plant owned by Poly Explosives (Jinan) Co., Zhangqiu City, also injured 19 people. Thirty-four workers were in the workshop at ...
-
China-trained medical doctors doing fine in Nepal
Bhavuk Sharma Bajagain, 30, a medical doctor by profession, is often busy with his patients in the emergency ward of Kathmandu Model Hospital, one of the more reputable hospitals .In the morning, Bajagain also teaches and shares his medical experience with students in two different local medical institutions."I am very happy and satisfied when I see my patients relieved of pain after ...
-
Feathers fly as H7N9 hits Chinas down industry
The H7N9 bird flu epidemic, which has inflicted huge losses on China's poultry industry, is also hitting the country's down products manufacturers.The virus, which has so far killed 36 of the 130 people infected nationwide, prompted the culling of birds and the closure of poultry farms and thus cut the output of raw down feathers, sending their prices spiralling upward.As a result, ...
-
China agrees to impose carbon targets by 2016
The battle against global warming has received a transformational boost after China, the world's biggest producer of carbon dioxide, proposed to set a cap on its greenhouse gas emissions for the first ...
-
Olympic champ Chicherova claims womens high jump title in Beijing World Challenge
Reigning Olympic and world champion Anna Chicherova of Russia cleared 2.02 meters to win the women's high jump title at the 2013 IAAF World Challenge Beijing on Tuesday.The 30-year-old veteran enjoyed a comfortable dominance in the field, securing the title after she leaped over 1.98m. She cleared 2.00m with her second attempt and went to go jump over 2.02m before she failed all the three ...
-
Nine-man Beijing knocked out by Seoul
China's Beijing Guoan forward Frederic Kanoute (in green) competes for the ball with South Korea's FC Seoul defender Adilson during their AFC Champions League round of 16 match in Seoul on Tuesday. Photo: AFP FC Seoul recovered from going a goal down and missing a penalty to beat Beijing Guoan 3-1 and reach the Asian Football Confederation Champions League quarterfinals in a dramatic ...
Beijing Feature
-
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
News from around our Network
