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China dog meat festival slammed
(1 min ago) A festival dedicated to dog meat in southern China has been targeted by protesting animal lovers, who have won a minor concession from local officials, an activist said on Wednesday. The annual festival, scheduled to take place on Friday in Guangxi province, sees dogs packed into cages before being killed, skinned and cooked -- but has met with increasing opposition from activists, ...
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Australias ASX 200 0.98 and Chinas Shanghai -0.73
Good Morning, - Euro in demand with all eyes in Fed's statement, Bernanke conference. - Asian shares: Japan's Nikkei 1.83%, Hong Kong's Hang Seng -0.58% (07:00 GMT), Korea's Kospi -0.65%, Australia's ASX 200 0.98% and China's Shanghai -0.73% - All the major currencies marked time on Wednesday as investors waited anxiously to see if the Federal Reserve could clarify ...
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Chinese firm to buy British yacht maker Sunseeker
The Chinese conglomerate Dalian Wanda Group is buying the British yacht maker Sunseeker, whose yachts have appeared in several James Bond films, in the latest example of a trend for Chinese companies to acquire top luxury global brands.The company said on Wednesday it had agreed to buy a 91.8% stake in privately held Sunseeker for 320m.Chinese companies have started to acquire top international ...
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Congo-Kinshasa Chinese Mining Industry Contributes to Abuses in Democratic Republic of the Congo
Chinese mining companies operating in the Democratic Republic of the Congo (DRC) need to do more to prevent their operations from leading to human rights abuses, Amnesty International warned today in a new report. Profits and Loss: Mining and human rights in Katanga, examines the impact of the mining industry in south-eastern DRC. The report documents a number of serious abuses involving local ...
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Beijing to launch crackdown on large dangerous dogs in designated areas
Yuan Zhi worries about her two pets, which is why she decided to stop walking them after hearing that Beijing police launched a citywide crackdown on large and dangerous dogs on Wednesday. A rule published by the Beijing Municipal Public Security Bureau on June 2 said dogs 35 cm in height or taller, or that are one of 41 breeds identified as violent such as bulldogs and collies, will be ...
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5 Japanese suspects detained in Guangdongs Zhuhai over telegraph fraud murder
A senior police officer from the Zhuhai special economic zone in Guangdong province confirmed on Thursday that local police are holding five Japanese citizens on suspicion of telephone fraud and slaying a Japanese man. Bai Zhigang, director of the publicity department under Zhuhai city public security bureau, said that after they were detained, the suspects, who are 23 to 39 years old, ...
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Media tycoon Murdoch files for divorce from Chinese wife of 14 years Wendi Deng
Third wife: Media tycoon Rupert Murdoch and Wendi Deng's marriage came less than a month after his divorce from ex-wife Anna Maria Torv Murdoch Mann was finalized, which was one of the most expensive in history at ...
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Heavy rain in SE China to continue till Friday says National Meteorological Center
Heavy rain is expected to continue in Southeast China from Wednesday till Friday, the National Meteorological Center said Wednesday. The rain will hit parts of Zhejiang, Fujian, Guangdong and Hainan, with some of these areas expected to experience a precipitation of around 50 to 90 mm, according to an NMC forecast. A strong convective weather with lightening and strong wind is also ...
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Chinas Dalian Wanda to spend $1.6 billion on UK yacht maker hotel
LONDON (Reuters) - Chinese conglomerate Dalian Wanda Group said it would spend $1.6 billion (1.0 billion pounds) to buy British yacht maker Sunseeker and develop an upmarket London hotel, the latest example of a trend for Chinese companies to acquire top luxury global brands.The company said on Wednesday it had agreed to buy a 91.8 percent stake in privately-held Sunseeker for 320 million pounds ...
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Iron ore hits 3-week high weak China steel consumption a cap
- Spot iron ore prices jumped for a fourth straight day to a three-week high as traders increased buying to lift the market, while weak restocking by Chinese steelmakers and tepid steel consumption are expected to cap the rally for the raw ...
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GIL to introduce Chinese language from July this year
Kumasi, June 18, GNA - The Ghana Institute of Languages (GIL), would from July this year, introduce the teaching and learning of the Chinese language at its Kumasi Campus, Dr John Rex Amuzu Gadjepko, the Director, has ...
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Qihoos Stock Rise Lifts CEO Zhou Hongyi Into Ranks Of Chinas Internet Billionaires
A big run-up in the price of U.S.-traded shares in Internet security products provider Qihoo 360 Technology has lifted the company's CEO into the ranks of China's Internet billionaires. Zhou's 17.7% stake in Qihoo was worth just over $1 billion at the close of trading on Tuesday, even though the stock slid 0.8% from Monday, according to company shareholding figures. Zhou's ...
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China smartphone shipments grow 117 on year in 1Q13 says IDC
China's mobile phone shipments registered at 97 million units in the first quarter of 2013, up 15% compared with the same period in 2012, while China's smartphone shipments totaled 78 million units in the first quarter, a growth of 117% compared with the same period in 2012, according to ...
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Mori Forest of Diversiform-leaved Poplars in Chinas Xinjiang
A forest of diversiform-leaved poplars, a tenacious ancient species, can be found at the south edge of Junggar Basin, 150 km away from Mori County, covering an area of 35 square ...
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RPT-Fitch Street View Divergence among Chinese Homebuilders to Deepen
Wed Jun 19, 2013 3:16am EDT (Repeat for additional subscribers) June 19 (Reuters) - (The following statement was released by the rating agency) Fitch Ratings says that the Chinese homebuilding sector has entered a more stable phase with an increasing number of homebuilders catering to mid-to-mass market first-time homebuyers and upgraders. As these companies focus on a higher asset-turnover ...
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Shanghai shares at new 6-mth closing low as easing hopes dashed
HONG KONG, June 19 | Wed Jun 19, 2013 3:08am EDT HONG KONG, June 19 (Reuters) - Shanghai shares closed at a new six-month low on Wednesday, as a cash squeeze in mainland money markets worsened and official news reports dampened hopes for policy easing. The Shanghai Composite Index ended down 0.7 percent at 2,143.5 points, its lowest closing level since December. The CSI300 of the ...
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North Korean envoy in Beijing seeking to mend ties experts
North Korea's First Vice Foreign Minister and envoy to the six-party talks Kim Kye-gwan (2nd L) enters a hotel after a meeting with U.S. Special Representative for North Korea Glyn Davies in Beijing in this photo taken by Kyodo on February 23, ...
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Official executed for raping 11 minors
/enpproperty--> ZHENGZHOU - An official in Central China's Henan province was executed on Tuesday for raping 11 underage girls, sources with the Henan Provincial Higher People's Court confirmed Wednesday. Li Xingong, former deputy secretary general of the Yongcheng city committee of the Communist Party of China (CPC), was arrested in May 2012 on charges of raping several adolescent ...
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Domestic power of new energy
solar power Each panel is roughly the same size as a four-seater dining table and Dong expects the system to reduce his carbon emissions by as much as five metric tons every year. It's little wonder that Dong's new appliances have attracted so much attention: several silicon batteries affixed to the roof mean the house, in Tianjin's Binhai New Area, stands out among the other ...
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China North Korea hold strategic talks in Beijing
FILE - In this June 18, 2013 photo, North Korea's First Vice Foreign Minister Kim Kye Gwan, right, waves as he arrives at the Capital airport in Beijing, China. North Korean First Vice Foreign Minister Kim was expected to discuss bilateral relations and the situation on the Korean Peninsula with Chinese Vice Foreign Minister Zhang Yesui on Wednesday. (AP Photo/Ng Han Guan, ...
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Chinese Official Blows Millions on Online Game Addiction
The Internet game Zhengtu. Chu found Zhengtu's array of weapons and other virtual items irresistible, and was quickly hooked. embezzled 2.6 million yuan ($424,247) in public funds to support his obsession. (Screenshot via The Epoch ...
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China committed to boosting Mideast peace process envoy
Beijing is proactive in advancing the Mideast peace process, said Wu Sike, China's special envoy to the region.Wu made the remarks on the sidelines of the UN International Meeting in Support of Israeli-Palestinian Peace, which is being held here on June 18-19 and brought together officials and experts from more than 50 countries and international organizations.It is the first time for the ...
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US-China relations a must win
American think tanks believe that China and the US will have tremendous opportunities for cooperation in the next 10 years, and the top three items on their work agenda should be energy, tourism, and science and technology. "The stakes are large, for both success and failure," said Stanford economist Michael Boskin, "so the relationship needs to succeed." Making his remarks ...
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China markets slump on liquidity concerns
7-day repo rates rising to 16 month highs and 1-yr swap rates to near 2-year highs above 4% . Markets are also looking ahead to tomorrow's release of HSBC flash manufacturing PMI after a recent spate of slowing ...
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Chinas key money rate surges to multi-year highs no RRR cut seen
* Banks forced to give up non-essential business * Benchmark 7-day repo rate jumps to highest since Oct 2007 * Widespread market talk of banks pressing PBOC to cut RRR * But traders only expected mild PBOC cash injection * Liquidity should improve in medium term By Lu Jianxin and Gabriel Wildau SHANGHAI, June 19 (Reuters) - China's short-term funding costs surged on Wednesday, with the ...
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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