Latest China News
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Chinas Lenovo reports 90 profit rise
(MENAFN) Lenovo Group reported that its quarter profit; ending March 31, witnessed a 90-percent rise to USD127 million, reported AP.This huge boost was due to sales increase of smart phones and mobile computing technology.The total revenue increased 4 percent to USD7.8 billion on yearly basis.It's worth noting that the group is the world's second largest pc ...
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September 18 Manchurian Resistance Movie Secures Financing for China Production
LOS ANGELES--(BUSINESS WIRE)-- September 18 Productions announced today that it has secured financing for production of the feature motion picture 'September 18,' with an imminent production start date in China. The film is produced by Donna Smith, former President and CEO of Cinema Completions International, which under her leadership guaranteed Academy Award-winning films such as ...
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China to step up investment in Pakistan
China pledged on Thursday to increase investment in Pakistan in return for a tariff reduction the two governments have agreed on. "The two sides must strengthen strategic cooperation in response to a fast-changing global and regional climate," visiting ...
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China offers to provide peacekeepers to Mali
/enpproperty--> China will play a constructive role as a part of international efforts to help Mali realize early ethnic reconciliation and stability in the face of many remaining challenges. Foreign Ministry spokesman Hong Lei made the remarks on Thursday in response to media reports saying that China has offered to send more than 500 soldiers to the UN peacekeeping forces in ...
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Oil recovers after dive on Chinese data
GLOBAL oil prices have closed little changed, recovering from sharper losses earlier in the day after weak Chinese manufacturing ...
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China fair names Seychelles as Best Honeymoon Tour Destination
The World Travel Fair (WTF) is an annual event held in Shanghai that is the economic center of China and also plays a significant role in the outbound tourism of the country. This year, the fair was being held in the downtown Shanghai Exhibition Centre from May 9-12, 2013. As one of the leading travel expos in China, WTF is a vibrant must-attend event showcasing a diverse range of destinations ...
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Stocks end lower after bumpy trading day investors reassess Fed worries China economy
NEW YORK, N.Y. - Stocks are ending the day slightly lower after recouping a big loss early on. U.S. markets fell immediately after the opening bell following a global slump prompted in part by an unexpectedly weak report on manufacturing in China. Concern that the Federal Reserve might ease back on its economic stimulus program sooner than expected had also riled investors. The market ...
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China trip builds ties for Sacramento
Sacramento Area Commerce and Trade Organization CEO Barbara Hayes spent almost ten days in China, listening to presentations and meeting with Chongqings business bigwigs to tout the Sacramento region. In April, California Gov. Jerry Brown took a China trip to tout Californias trade and investment opportunities. This month, it was Sacramentos turn. The city sent a delegation to Chongqing, a ...
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Pyongyang to heed Beijing
Pyongyang is willing to take Beijing's advice to engage in dialogue on the Korean Peninsula issue, a visiting special envoy of the Democratic People's Republic of Korea top leader Kim Jong-un said on ...
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Buck stops with Minister in China meat saga - Greens
NZ meat stopped at Chinese border costing millions (0:55) The Green Party says it's a "joke" the Minister for Primary Industries is blaming staff for New Zealand meat exports being stuck at China's border. Minister Nathan Guy has not ruled out job losses after he said his department was to blame for millions of dollars worth of beef and lamb being stranded in ...
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China Silicon Valley nonprofit boosts ties Video
Why Silicon Valley is important to China and what San Jose and the region is doing about it, according to Victor Wang of Hanhai Investments and zPark Venture, and Kim Walesh, San Jose's Economic Development. Interviewed by Senior Technology Reporter Cromwell Schubarth after they spoke at the Silicon Valley Business Journal's International Business Forum on May 23. Victor Wang of Hanhai ...
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China April oil demand up 2 vs. year ago Platts
SAN FRANCISCO (MarketWatch) -- China's apparent oil demand climbed by 2.1% to average 9.66 million barrels per day in April compared to a year earlier, according to a Platts analysis of Chinese government data released Thursday. But apparent demand for oil in April was the lowest level since August 2012, the analysis showed. Refinery runs fell 3% in April compared with March, but were up ...
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Financial stocks fall on Fed China data
NEW YORK (MarketWatch) -- Financial stocks were down in premarket action Thursday, tracking a drop in the broader global markets on concerns the Federal Reserve will reduce its bond-buying program and a reported drop in China's manufacturing index for May. The Financial Select Sector SPDR ...
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Booklet Published to Foster Closeness With Church in China
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 ...
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Why Chinese College Graduates Arent Getting Jobs
Despite a still-thriving economy, university graduates struggle to overcome an employment market increasingly skewed to the well-born and the ...
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Tiger Airways launches Hong Kong-Jakarta service
HONG KONG - Tiger Airways brings in valued travel options to Indonesia with its launch of direct service between Hong Kong and Jakarta. From 25 July 2013, Tiger Airways will fly to the capital of Indonesia four times weekly on Monday, Tuesday, Thursday and Saturday, with an increase to daily flights from September onwards. "We are excited that Tiger Airways is the first low cost carrier ...
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Six ways to bridge the Silicon Valley-China gap
What's your company's strategy for doing business with China? Not news: Chinese investment is pouring into Silicon Valley, and local companies are going after a piece of that action. News: This morning I spoke with six executives at that business crossroads who delivered six tips on bridging cultural and economic divides between Silicon Valley and China. Those were just some of the tasty ...
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China WPT tournament 2013 to be held in Hainan in October
"Our goal is to make Jeju a gambling mecca...we want to bring the biggest tournaments here...WSOP [World Series of Poker], Poker Stars, Red Dragon, we already signed up WPT [World Poker Tour] and ATP [Asian Poker Tour]. We want to bring the big tournaments to ...
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China clears Boeing 787s for nations airlines Boeing
NEW YORK (AFP) - Chinese regulators have approved the Boeing 787 to fly in the country, Boeing said Thursday, a move that opens up a large potential market to the US aerospace giant."I can confirm that the Civil Aviation Administration of China has granted type certification for the 787 Dreamliner," a Boeing spokesman said in an email.Chinese airlines have yet to take delivery of the ...
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Gaffe-happy Biden offends Chinese students at Penn
US Vice President Joe Biden and Chinese (then) Vice President Xi Jinping shake hands after receiving gifts and answering students questions in a Mandarin language class at International Studies Learning Center Feb. 16, 2012 in South Gate, California. (Jay L. Clendenin-Pool/Getty ...
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China Pakistan to deepen strategic co-op
/enpproperty--> ISLAMABAD - China and Pakistan have agreed to cement their strategic partnership and deepen comprehensive strategic cooperation in various areas, according to a joint statement issued Thursday during Chinese Premier Li Keqiang's visit to the South Asian nation. The statement said both sides are satisfied with their relationship, which contributed to peace and stability ...
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Taiwan-US trade relations forum to take place in Kaohsiung Friday
TAIPEI -- The fifth annual Taiwan-U.S. Commercial Forum will take place in Kaohsiung Friday, focusing on the development of bilateral trade relations and the prospects for further economic cooperation, the organizers said ...
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Taiwan to be theme country for Spanish film festival this summer
TAIPEI -- Taiwan has been chosen as the theme country of the 10th Asian Summer Film Festival in Spain to be held July 9-14, the Ministry of Culture said ...
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What does a Chinese recession look like
Falling demand for Chinese exports in Europe hurting growth Manufacturing in China contracted this month, according to the HSBC purchasing managers' index (PMI), a preliminary reading of manufacturing activity. The figure came in at 49.6. Any number below 50 means activity is shrinking. At about the same time, research firm Markit reported its Flash eurozone PMI composite index was at 47.7 ...
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Portraits of Uighurs Chinas Embattled Muslim Minority
A woman takes a break from her afternoon work in the fields to pray.(Eleanor Mouseman) China's Xinjiang Uighur Autonomous Region is the country's largest province, a vast land mass bordering seven countries that is almost as large as Mongolia. The region is the traditional home of the Uighur people, one of China's 55 official ethnic minority groups and one, along with the Tibetans ...
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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