Latest China News
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Suu Kyi tells China to deal with Thein Sein on dam issue
Myanmar's opposition leader Aung San Suu Kyi told China to deal directly with the government if they wish to resume the controversial Myitsone project. Suu Kyi, chairperson of the National League for Democracy (NLD) and Lower House MP, conveyed the message during a meeting with the media held in Parliament in Nay Pyi Taw yesterday. Eleven Media Group reporters asked Suu Kyi about her ...
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Special envoy from N. Korea arrives in China
China underlined its commitment to the denuclearisation of the Korean Peninsula as Beijing received one of Pyongyang's top military officials on Wednesday as a special envoy from top leader Kim Jong-un. Choe Ryong-hae, director of the General Political Bureau of the Korean People's Army and member of the Presidium of the Political Bureau of the Workers' Party of Korea Central ...
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Guangzhou into last eight
(59 mins ago) Chinese giants Guangzhou Evergrande marched into the AFC Champions League quarter-finals and underlined their strong title credentials with a convincing 3-0 win over Central Coast Mariners yesterday. Goals from Muriqui, Dario Conca and Gao Lin took Marcello Lippi's team through with room to spare, as Japan's Kashiwa Reysol also swept into the last eight with a 5-2 ...
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Guangzhou into last eight
(59 mins ago) Chinese giants Guangzhou Evergrande marched into the AFC Champions League quarter-finals and underlined their strong title credentials with a convincing 3-0 win over Central Coast Mariners yesterday. Goals from Muriqui, Dario Conca and Gao Lin took Marcello Lippi's team through with room to spare, as Japan's Kashiwa Reysol also swept into the last eight with a 5-2 ...
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China HSBC flash PMI hits seven-month low fans growth fears
The flash HSBC Purchasing Managers' Index (PMI) for May fell to 49.6, slipping under the 50-point level demarcating expansion from contraction for the first since October. The final HSBC PMI stood at 50.4 in ...
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China eases forex rules in special economic zones
SHANGHAI (Reuters) - China's foreign exchange regulator said on Wednesday that it will simplify regulation of foreign currency transactions for companies operating in China's special economic zones, as Beijing moves to liberalise the yuan. ...
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Hong Kong stocks open 0.81 lower
HONG Kong stocks have opened 0.81 per cent lower, reflecting falls on Wall Street after the US Federal Reserve hinted it could soon start to ease its policy of aggressive stimulus ...
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Economic Report China manufacturing swings to contraction HSBC
LOS ANGELES (MarketWatch) -- China's manufacturing activity has swung to contraction in May after months of slowing growth, according to preliminary data released Thursday from HSBC, with the results slamming ...
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Chinas factory activity contracting HSBC data
LOS ANGELES (MarketWatch) -- China's manufacturing activity was contracting in May, according to preliminary data released Thursday, as HSBC's "flash" Purchasing Managers' Index fell to a seven-month low of 49.6 from April's final reading of 50.4. A result below 50 signals contraction. Both the new orders and new export orders sub-indexes registered decreases in the ...
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Fitch Publishes China Properties Groups IDR B-Stable
Fitch: Recession Concern Dampens European Investor Sentiment An increasing number of investors expect fundamental credit conditions will deteriorate across sectors, according to a Fitch Ratings investor survey. The more circumspect sentiment was most notable for the sovereign segment, where the proportion of survey respondents anticipating worsening conditions more than doubled to 55%, from 24% ...
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China manufacturing shrinks in May HSBC
MANUFACTURING activity in China contracted in May for the first time in seven months, HSBC says, in another sign of the weakness of recovery in the world's second-largest economy. The banking giant's preliminary purchasing managers' index (PMI) fell to 49.6 this month from a final 50.4 in April, putting it below the 50 mark that indicates contraction. A reading above signals ...
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Arena International Aviation to train Chinese pilots for Hainan Airlines
HUNDREDS of Chinese cadet pilots will amass crucial flight training in Port Macquarie to kickstart a ticket to the skies across the world. About 150 pilot cadets a year from China will train under the guidance of Port Macquarie-based Arena International Aviation in a step towards becoming pilots with Hainan Airlines. The relationship between Arena International Aviation and Hainan Airlines ...
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US should act on China intellectual property theft
WASHINGTON (AFP) - The United States should consider curbs on Chinese investment or even offensive operations against hackers to address the growing toll from intellectual property theft, a report said.The 11-month study led by high-ranking former US officials said that theft of software and other US-developed products was costing the American economy more than $300 billion each year -- as much ...
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Hong Kong shares extend losses after China flash PMI falls
HONG KONG | Wed May 22, 2013 10:21pm EDT HONG KONG May 23 (Reuters) - Hong Kong shares sank deeper into the red on Thursday and looked set for a third-straight loss after a preliminary private survey of May manufacturing activity in China came in at a seven-month low. Financial, materials and energy counters led the slide after China's HSBC flash purchasing managers' index (PMI) ...
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Huge sinkhole kills 5 factory workers in China
Five factory workers were killed when a sinkhole measuring 10 metres in diameter opened outside an industrial park in Shenzhen, the southern Chinese town near Hong ...
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Chinese consumers demand for luxuries growing survey
Demand for high-end products among Chinese consumers is growing from fast-moving consumer goods to other sectors, including the car market and financial products, according to a Nielsen survey.Increased incomes of Chinese households has led to rising consumption levels, said a report by the Nielsen Company on Wednesday.For people surveyed with a middle-level income, or a monthly wage of between ...
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Chinese premier raises five-point proposal for boosting cooperation with Pakistan
Chinese premier Li Keqiang presented in Islamabad Wednesday a five-point proposal for further deepening friendship and cooperation with Pakistan.He made the suggestions during talks with Pakistani President Asif Ali Zardari and Interim Prime Minister Mir Hazar Khan Khoso, during which the two sides reached important consensuses on boosting the bilateral strategic cooperative ...
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Chinese Bridge language competition held in Uzbekistan
The 12th annual Uzbekistan "Chinese Bridge" Proficiency Competition for students of Chinese language and culture was held in Uzbekistan on Wednesday.Nine students from local universities participated in the competition. They were asked to display their knowledge of the vast terrain of Chinese language and culture.After nearly two and half hours of intense competition, Rakhimova Dildora ...
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Chinese premiers India trip helps build consensus mutual trust FM
Chinese premier Li Keqiang's visit to India helped build strategic consensus and mutual trust between the two neighbors, Chinese Foreign Minister Wang Yi said in Mumbai on Wednesday.China and India, Wang said, have a long history of exchange, and friendship has been the mainstream in bilateral relations, which also experienced turbulence at times."During the talks with Indian leaders, ...
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China-UNIDO cooperation exhibition opens in Vienna
The exhibition to mark the 40 years of cooperation between China and the United Nations Industrial Development Organization (UNIDO) , was held in Vienna Wednesday at the UNIDO headquarters.Above 200 representatives of UNIDO Member States and officials of the other UN agencies in Vienna, including Kandeh Yumkella, the UNIDO Director-General, Zhong Shan, the international trade representative of ...
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China Pakistan to be good partners brothers forever premier
China and Pakistan will always be good partners and brothers that are reliable and sincere to each other, visiting Premier Li Keqiang said Wednesday.The two neighboring countries "are all-weather friends," Li said during a meeting with Pakistani President Asif Ali Zardari shortly after he landed here before noon.The bilateral friendship boasts a solid foundation and enjoys great ...
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Chinas new leadership highly values friendship with Zimbabwe
Visiting Vice Premier Wang Yang on Wednesday told Zimbabwean Vice President Joyce Mujuru that China's new leadership highly values the traditional friendship with Zimbabwe.Wang said his visit is to follow up to the African trip by Chinese President Xi Jinping earlier this year and join Zimbabweans in efforts to push Sino-Zimbabwean cooperation in all fields to achieve "greater ...
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Chinese state councilor meets Mongolian deputy prime minister
State Councilor Yang Jiechi met with Mongolian deputy prime minister Dendev Terbishdagva on Wednesday, pledging to promote bilateral ties.Yang said during the meeting that China and Mongolia have achieved continuous progress in their pragmatic cooperation since the two countries established a strategic partnership.He said China will implement mutually advantageous projects with Mongolia to ...
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Kenyas Beijing 1500 champion makes comeback in New York league
Beijing Olympic 1,500m champion Nancy Jebet Lagat and London 800m winner David Rudisha led a group of Kenyan athletes heading to New York for the Diamond league meet on Saturday.Whereas Rudisha, will be one of the biggest stars in the Adidas Grand Prix, which is third stop in the 2013 IAAF Diamond League, the return to action of Lagat has tilted the equation over the four lap race."I have ...
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China to host 1st arena football training camp
Ganlan Media International (Beijing) Co., Ltd.(GMI) said in Beijing on Wednesday that China's First American Arena Football Coach/Referee Training Camp will be held on May 27-31 in the Beijing Sports University.This is the first time that Arena Football League (AFL) comes to China to hold a professional training camp, and which marks American Arena Football is officially coming to China.GMI ...
Shanghai Focus
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Shanghai looking ahead to future
Shanghai is the commercial capital of China and the most populous city in the People’s Republic, with origins as a small fishing village, the city has grown into a global city with fingers that stretch across the world, exerting global influence over international cultural, commercial and political scenes. With major projects and programs underway, the future looks bright for Shanghai.
It was recently reported by international, Chinese and Shanghai news media that China had eclipsed Japan as the second-largest economy in the world. China’s GDP and economic activity has surpassed that of Japan for many decades, but the announcement was made on the back of a range of factors including imports and exports and the human development index within major cities such as Shanghai. Read more
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