Latest China News
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Aussie coach denies report of taking helm of a Chinese club
/enpproperty--> Australian coach Graham Arnold has denied reports in the Chinese media that he is tempted to take charge of Chinese Super League side Guangzhou R&F. In a media conference after an AFC Champions League match between his side, Central Coast Mariners, and Guangzhou Evergrande on Wednesday night, Arnold said he has not had any direct contact with Guangzhou R&F. Recent ...
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China and Fed fallout to weigh on U.S. stocks
U.S. stocks fell Wednesday after mixed messages from the Federal Reserve about its ongoing bond-buying program. Stocks had rallied earlier as investors welcomed comments from Fed ...
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NKorea envoy to meet Chinas leader
(7 mins ago) While a North Korean envoy waits for an expected meeting with China's Communist Party chief, his Chinese hosts are taking him touring in Beijing. North Korea's official Central News Agency reported that the envoy, Choe Ryong Hae, spent part of Thursday touring an industrial park in the southern part of the capital, accompanied by a Communist Party functionary, AP ...
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For hackers China is land of opportunity
BEIJING: Name a target anywhere in China, an official at a state-owned company boasted recently, and his crack staff will break into that person's computer, download the contents of the hard drive, record the keystrokes and monitor cellphone communications, too. Pitches like that, from a salesman for Nanjing Xhunter Software, were not uncommon at a crowded trade show this month that brought ...
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Chinas Lenovo sees 34 percent net profit jump
HONG KONG (AFP) - Chinese computer maker Lenovo Group Thursday announced a jump in net profit for the financial year of 34 percent, despite the slowing PC market.Net profit for the financial year ended March 31 rose to $635.15 million, up from $472.99 million in 2011/2012. Revenue was up 14.5 percent to $33.87 billion.The world's number two PC maker gained global market share at the expense ...
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Liberia President Sirleaf Breaks Ground for New U.S.$10 Million Vocational Training Center in Monrovia a Gift of the Peoples Republic of China
President Ellen Johnson Sirleaf has broken grounds for the construction of a new US$10 million Monrovia Vocational Training Center (MVTC) campus, aimed at helping Liberia achieve its transformative goals. The new MVTC, covering 6,000 square meters, will include two three-storey buildings - one for teaching and training, and the other for faculty dormitory - and a two-storey student dormitory. ...
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North Korea envoy awaits chat with Chinas leader
BEIJING (AP) -- While a North Korean envoy waits for an expected meeting with China's Communist Party chief, his Chinese hosts are taking him touring in ...
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Exclusive China urbanisation plan hits roadblock over spending fears - sources
Reuters © A woman collects bricks at a demolition site, where an old village is making way for new buildings, on the outskirts of Beijing, May 23, 2013. REUTERS/Kim ...
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Indications Stock futures slide rattled by Fed China data
MADRID (MarketWatch) -- U.S. stock market futures fell sharply early Thursday, as fears over a tapering of the Federal Reserve's bond-buying program continued to play out. Those worries and weak China data led to heavy losses for global stocks, with Japan equities suffering their biggest one-day loss in more than two ...
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HSBC China manufacturing shrinks
Beijing - Manufacturing activity in China contracted in May for the first time in seven months, HSBC said Thursday, in another sign of the weakness of recovery in the world's second-largest ...
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China continues Diaoyu Islands patrols
Chinese marine surveillance ships continued to conduct regular patrols of the territorial waters surrounding the Diaoyu Islands on Thursday, the State Oceanic Administration said.A fleet consisting of the Haijian 66, Haijian 46 and Haijian 26 carried out the mission, according to a statement on the administration's website."Haijian" is the Chinese equivalent of "marine ...
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New Chinese govt subsidies to promote green cars
A new subsidy policy is intended to promote the use of energy-saving automobiles, according to a Thursday report by the China Securities Journal.The previous policy, which expired at the end of last year, provided a subsidy of 50,000 yuan ($8,151) to automakers for every hybrid vehicle sold, while 60,000 yuan was provided for every electric vehicle sold.Miao Wei, head of the Ministry of Industry ...
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Chinas continuing progress the biggest fact in Asias success Singaporean PM
Visiting Singaporean Prime Minister Lee Hsien Loong said here Thursday that Asia has successfully recovered from depression and faster than expected with China's continuing progress, the biggest fact of Asia's success.Lee made the remark in a keynote speech during the 19th International Conference on the Future of Asia, adding Asia's global role has grown and the region is ...
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RPT-UPDATE 1-Chinas Lenovo buys and diversifies to outshine PC rivals
Thu May 23, 2013 5:12am EDT * Q4 net nearly doubles, fastest pace in seven quarters * Lenovo No.2 in China in smartphones and media tablets By Lee Chyen Yee and Umesh Desai HONG KONG, May 23 (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take ...
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China Pakistan boost marine cooperation
/enpproperty--> China and Pakistan signed a memorandum of understanding for cooperation in marine science and technology. The memorandum was signed between Pakistan's Ministry of Science and Technology and China's ocean watchdog on Wednesday, the State Oceanic Administration said. The memorandum covers, among others, marine research and investigation, climate change, marine energy ...
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Festival shows Beijings flower power
/enpproperty--> The Beijing Rose Cultural Festival kicked off on Thursday. Boasting thousands of varieties, the exhibition -- in the capital's Botanical Gardens, Taoranting Park and Tiantan Park -- will last until June 28. "The festival will further promote the city's appeal and boost the flower industry," said Wang Genhai, deputy director of the forestry and landscape ...
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Shanghai metro campaign fights obscenity
/enpproperty--> Police have intensified a campaign against candid photography, and acts of obscenity, on the Shanghai metro as the hot summer approaches. Reinforced electronic surveillance and stepped-up patrols in the subway carriages and stations will be carried out. A 24-year-old man was held in administrative detention by police on Monday after he tried to photograph a woman with his ...
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Air China to upgrade surfing services
/enpproperty--> An upgrade will see Air China passengers surfing faster in the sky with improved phone facilities. The Beijing-based carrier plans to introduce the improvements in its entire Airbus A330 fleet within the year. The nation's biggest carrier, by market value, carried out successful tests during flights between Beijing and Shanghai recently, the Shanghai Morning Post ...
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2 mini-spider species found in southwest China
Two new minute spider species with oversized rumps have been discovered in southwest China, according to a new study published in the open access journal ...
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Chinas Li effusive in praise of Pakistan but not everyone buys it
ISLAMABAD (Reuters) - Chinese Premier Li Keqiang praised the Sino-Pakistan relationship to the hilt on Thursday, urging the "all-weather friends" to boost cooperation in business, trade, energy and infrastructure and build a long-vaunted economic ...
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WRAPUP 1-Asian markets sell off on Bernanke remarks China PMI
Thu May 23, 2013 5:07am EDT * Asian shares down after China HSBC flash PMI, credit spreads wider * Nikkei plunges 7 percent, 11th worst daily drop * JGBs bounce after 10-year JGB yield hits year highs * Korean won worst hit as dollar rises broadly By Masayuki Kitano and Hideyuki Sano SINGAPORE, May 23 (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in ...
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China factory activity falls
Fears of a slowdown in global growth were reinforced Thursday as a preliminary report on China's manufacturing in May showed activity contracted for the first time in seven ...
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Japan stocks plunge on weak China data
A seven-month rally in Japanese stocks came to an abrupt halt Thursday as the benchmark Nikkei index plunged by 7.3%, with investors rattled by weak economic data from ...
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China factory activity contracts in May
Fears of a slowdown in global growth were reinforced Thursday as a preliminary report on China's manufacturing in May showed activity contracted for the first time in seven ...
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AUDJPY drops after Chinese PMIs but holds medium term 61.8 Fib so far
Laith Marmarchi started in FX as a spot trader and market maker for Rosenthal Collins Group. With 14 years experience in Foreign Exchange trading, Laith uses market sentiment analysis, trading psychology and short&long term technical analysis to identify intraday/daily trading ...
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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