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Oct 24, 2011

CHINA News, Oct 24, 2011


China urges EU to reach debt plan without delay
Reuters
By Chris Buckley and Kevin Yao BEIJING (Reuters) - China urged the European Union on Monday to deal with its debt crisis as soon as possible and prevent contagion from spreading, as the country's number four-ranked leader arrived for a visit of the ...
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People's Bank of China Employee Gets Six-Year Jail Term for Leaking Data
Bloomberg
By Bloomberg News - Mon Oct 24 09:26:10 GMT 2011 Members ofChina's military police force stand guard outside the People's Bank ofChina in Beijing, China. Members of China's military police force stand guard outside the People's Bank of China in ...
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Bloomberg
Analysis: Dragon tail risk: The cost of a China crash
Reuters
By Emily Kaiser, Asia Economics Correspondent (Reuters) - The Chinahard-landing debate is a classic tail risk story -- an unlikely scenario, but if it materializes the consequences could be catastrophic. Because of their close trade links, Malaysia, ...
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Reuters
China Manufacturing Gauge Rises as Japanese Exports Advance
San Francisco Chronicle
Oct. 24 (Bloomberg) -- China's manufacturing may expand in October for the first time in four months, snapping the longest contraction since 2009, after a preliminary index of purchasing managers showed a rebound in new orders and output. ...
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Hong Kong Stocks Rise on Report China Manufacturing May Expand
BusinessWeek
Oct. 24 (Bloomberg) -- Hong Kong stocks rose, with the Hang Seng Index set for its third-largest percentage increase this year, after a report showed China's manufacturing may expand in October for the first time in four months. Aluminum Corp. of China ...
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COMMODITIES-China factory data, euro hopes boost copper, crude
Reuters
By Amanda Cooper LONDON Oct 24 (Reuters) - Commodities rallied broadly on Monday after European leaders made progress in their plan to contain the region's debt crisis and an index showed China's manufacturing sector expanded in October, which helped ...
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China urges North Korea to build on US dialogue
Reuters
BEIJING (Reuters) - China wants North Korea to deepen talks with South Korea and the United States in the hope of restarting nuclear negotiations, the visiting Chinese vice premier told his North Korean counterpart, state media reported on Monday. ...
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Reuters
China's Alibaba Sets up Fund to Back Mobile OS
PCWorld
In July, subsidiary Alibaba Cloud Computing unveiled its Aliyun OS, a Linux-based operating system aimed at helping the e-commerce giant promote its products in China. On Monday, Alibaba Cloud Computing jointly announced the 1 billion yuan (US$157 ...
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Oil Rises for Second Day on Economic Growth in China, Japan
BusinessWeek
By Moming Zhou Oct. 24 (Bloomberg) -- Crude oil rose for a second day on speculation that economic growth in China and Japan, the world's second- and third-largest oil consumers, will boost energy demand. Oil increased as much as 1.4 percent after data...
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China's Geely: 'Absolutely No Interest' in Saab
Wall Street Journal
By NORIHIKO SHIROUZU BEIJING—China's Zhejiang Geely Holding Group Co., which purchased Volvo Car last year and has had discussions with troubled Saab Automobile AB, has no interest in acquiring a second Swedish car brand, its chairman said. ...
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US defense chief calls North Korea 'reckless,' criticizes China military ...
Washington Post
YOKOTA AIR BASE, Japan — US Defense Secretary Leon Panetta on Monday lashed out at North Korea for “reckless and provocative” acts and criticized China for a secretive expansion of its military power. Panetta, who arrived at this US air base on the ...
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China arrests two accused in hit-and-run toddler's death
Telegraph.co.uk
China has arrested two people over the death of a toddler killed in a hit-and-run as thousands across the country gathered for impromptu vigils in memory of the little girl who was ignored by 18 passers-by as she lay dying. By Malcolm Moore in Shanghai ...
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Telegraph.co.uk
China 'not doing enough on software piracy'
Financial Times
Robert Holleyman, president and chief executive of the Business Software Alliance, said pledges by the Chinese government to help foreign companies gain more revenues from software sales in China and high-profile anti-piracy campaigns had failed to ...
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China Stock Movers: Citic Bank, Shenhua Energy, Suning Appliance
BusinessWeek
By Bloomberg News Oct. 24 (Bloomberg) -- Shares of the following companies had unusual moves in China trading. Stock symbols are in parentheses and prices are as of the close. The Shanghai Composite Index, which tracks the bigger of China's stock ...
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China has undermined its moral system: Barme
ABC Online
Chinese scholar Professor Geremie Barme says China has undermined its moral system and created a legal environment that makes the Chinese frightened of helping each other. ALI MOORE, PRESENTER: To discuss the Wang Yueyue case and the complexities of ...
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China small business owners expand fee protest to Alipay
Reuters
BEIJING Oct 24 (Reuters) - A group of small-business owners in China has expanded a protest against higher fees to target Alipay, the country's leading online payment platform, after its corporate sibling, Taobao Mall, announced up to tenfold fee hikes ...
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China Economy Is Rebalancing, Surplus Declining, Zhou Says
BusinessWeek
By Bloomberg News Oct. 24 (Bloomberg) -- The decline in China's current account surplus as a share of its gross domestic product shows the nation's economy is rebalancing, central bank Governor Zhou Xiaochuan said today. The excess, which comprises the ...
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China Times: Cross-strait peace is Taiwan consensus
eTaiwan News
When President Ma Ying-jeou floated his idea of considering the possibility of signing a peace pact with mainland China, his critics roundly blasted him for trying to score political points to boost his re-election campaign. Even if such criticism were ...
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Rio CEO Sees China Iron Ore Buyers Shifting to Shorter Contracts
BusinessWeek
The cash price of iron ore delivered to China, the biggest buyer of the material, has declined for the past 10 straight days, dropping 21 percent since Sept. 1. BHP Billiton Ltd., the world's biggest mining company, is selling the “vast majority” of ...
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China Yuan Up Late On PBOC Guidance For 2nd Straight Session
Wall Street Journal
SHANGHAI (Dow Jones)--China's yuan rose against the US dollar late Monday as the central bank guided the local unit higher via its daily reference exchange rate for a second straight session, in line with the dollar's fall against other major ...
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China's LNG Imports Rise 17% in September; Coal Increases 25%
BusinessWeek
By Dinakar Sethuraman Oct. 24 (Bloomberg) -- China's liquefied natural gas imports rose 17 percent in September from a year earlier, customs data showed. Coal imports surged to a record. LNG purchases increased to 1.15 million metric tons, according to ...
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China's senior legislators meet to read draft laws, amendments
Xinhua
BEIJING, Oct. 24 (Xinhua) -- China's top legislature, the Standing Committee of the National People's Congress (NPC), opened its bimonthly session Monday to read a variety of draft law amendments concerning civil procedure, military service and other ...
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Xinhua
China official: November CPI rise will be below 5%
MarketWatch
SHANGHAI (MarketWatch) -- China's consumer price growth will fall below 5% in November and December, a top economic planning official was cited as saying Monday, offering confidence that the government may have gained the upper hand in its fight ...
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CANADA FX DEBT-C$ strengthens amid Europe optimism, China PMI
Reuters
C$ at C$1.0068 vs US$, or 99.31 US cents * Europe optimism, China PMI spurs risk appetite * Bond prices mostly higher By Andrea Hopkins TORONTO, Oct 24 (Reuters) - The Canadian dollar edged higher against its US counterpart on Monday as investors bet...
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China Lodging Group, Limited to Hold 2011 Annual General Meeting on December 8 ...
Sacramento Bee
2266, Hongqiao Road, Changning District, Shanghai, People's Republic of China on December 8, 2011 at 10 am, local time. Holders of record of ordinary shares of the Company at the close of business on October 25, 2011 are entitled to notice of, ...
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From Headline News to Banned Search Topic—China's Take on ...
By Hannah Beech
China's state-controlled media seem to enjoy giving a good lecture—particularly when the target is a meddlesome Western government that gives its own sermons on China'shuman rights record.
Global Spin
Unequivocally good news from China - macrobusiness.com.au ...
By Houses and Holes
Unequivocally good news from China. Posted by Houses and Holes in Global macro on Oct 24th, 2011 | 0 comments. HSBC's China flash PMI for September resumed growth jumping from 49.9 to 51.1. Just about every component made a turn ...
macrobusiness.com.au
Payton Shows Off China Doll 'Gift' - Sports News Story - WDSU New ...
NEW ORLEANS -- In the lead-up to Sunday Night Football, Saints head coach Sean Payton showed NBC's Bob Costas the China Doll he received as a joke gift this past week. Sunday, October 23, 2011.
WDSU.com - Sports
China 2012 Budgets – The Uncertainty Factor Creeps Back | China ...
By China Briefing
Labor cost evaluations the huge bugbear in planning for 2012 Op-Ed Commentary: Chris Devonshire-Ellis Oct. 24 – One of the main problems facing.
China Briefing News
China to issue new rules on vehicle procurement in favor of ...
By SusanZhao
Are you part of the China Car Times newsletter? You should be, and here's why: Every Wednesday China Car Times mails out our newsletter full of the latest industry news, spyshots, green automotive news and statistics from the Chinese ...
China Car Times - China Auto News
World Maritime News - China: Shipbuilding Orders Dropped ...
By World Maritime News
Chinese shipbuilders' order backlog dropped significantly this year from the end of last year due mainly to prolonged global economic uncertainties, reports Yonhap NewsAgency citing government data revealed on Monday. The Chinese ...
World Maritime News
BBC News: China's Wen says must curb prices
By BBC News
China's Premier Wen Jiabao says the country must control food and property inflation, in order to ensure social stability. More...
the Benche | Your Financial Community
A peace anchor, a development driver, a true friend - China News ...
By SINA.com
BEIJING, Oct. 24 (Xinhua) -- Two Chinese high-level diplomatic missions are now underway, respectively on the Korean Peninsula and in Europe, in the latest proof of Beijing's commitment to global peace and development. Vice Premier Li ...
English headline news from SINA.com
Policy News - China's wind growth expected to slow
By editorial
Policy News - China's wind growth expected to slow.
New Energy World Network (NewNet)
Karonga-Chitipa road gets additional China funds | Malawi news ...
By Nyasa Times
Malawi government has received a boost to complete the 106-km Karonga–Chitipa road, in northern region after signing with China two financial agreements worth K4.3 billion and a cooperation protocol which includes additional financing for ...
Malawi news, Malawi - NyasaTimes...
Chinese toddler's death evokes outpouring of grief and guilt ...
They are calling it the death that awakened the conscience of China .
www.latimes.com/.../la-mobile-china-toddler-death,0,362417.s...
BBC News - Chinese toddler left for dead in hit-and-run crash dies
A two-year-old girl in southern China, who was run over by two vans in an incident which shocked the country, has died, hospital officials say.
www.bbc.co.uk/news/world-asia-pacific-15398332
Does China Want To Own The Moon? : Discovery News
Although treaties forbid ownership, the powerful nation would have little resistance when laying claim to lunar resources.
news.discovery.com/.../china-moon-resources-bigelow-11102...
Chinese toddler run over twice after being left on street - Telegraph
A Chinese toddler was run over twice and ignored by nearly 20 passers-by in Guangdong Province in a case that has caused outrage around the world.
www.telegraph.co.uk/.../Chinese-toddler-run-over-twice-after-...
Hit and run in China sparks soul-searching - Yahoo! News
Read 'Hit and run in China sparks soul-searching' on Yahoo! News. BEIJING ( Reuters) - Video footage of a two-year-old child run over by a van and ignored by ...
news.yahoo.com/hit-run-china-sparks-soul-searching-114932...
Lujiazui Breakfast: News And Views About China Stocks (Oct. 19 ...
Investors in China's main financial district are talking about the following before the start of trade today: Demand for shares in China today may be buoyed by ...
www.forbes.com/.../lujiazui-breakfast-news-and-views-about-c...
Chinese Solar Trade Case Has Clear Targets, Not Obvious Goals ...
Chinese Trade Case Has Clear Targets, Not Obvious Goals. Qilai Shen/ BloombergNews. A worker at Suntech Power in Wuxi, China, helps assemble a solar ...
www.nytimes.com/.../chinese-solar-trade-case-has-clear-targets...
Local market surges on China, Europe news - ABC News ...
Local shares have surged nearly 3 per cent, or about $35 billion, amid good news about the Chinese economy and optimism in Europe.
www.abc.net.au/news/2011-10-24/chinese...on.../3597962
Master spy's secrets revealed | China News Watch | Latest Hong ...
Six books containing formerly classified documents about Kuomintang spymaster General Dai Li during the second Sino-Japanese war have shed light on many ...
topics.scmp.com/.../Sneaking-a-peak-behind-top-committee&
China News: Currency manipulation and the US Congress ...
China News: The US Senate measure to penalize China for currency manipulation has sparked official warnings from Beijing.
www.globalpost.com/.../currency-manipulation-china-senate

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