Latest China News
RSS-
Credit Agricoles sale of CLSA to CITIC hits snag in Taiwan -sources
By Denny Thomas and Faith Hung HONG KONG/TAIPEI, June 19 | Wed Jun 19, 2013 1:09am EDT HONG KONG/TAIPEI, June 19 (Reuters) - CITIC Securities' $1.25 billion agreement to buy brokerage CLSA from Credit Agricole has hit a snag in Taiwan, according to people familiar with the matter, as regulators resist the plan for a Chinese company to own an entity on Taiwanese turf. Nearly one year ...
-
Paul B. Farrell New China billionaires’ Happy Meditation Guide
SAN LUIS OBISPO, Calif. (MarketWatch) -- In my guidebook, "Millionaire Meditation," there are 40 ways to achieve the happiness that comes from meditating. All 40 have one common element: To be truly happy you must master "Rule One -- Focus on What You're Doing in This Moment, and Nothing ...
-
US auto giant GM breaks ground on China Cadillac plant
Cadillacs as it seeks a larger share of China's growing market for luxury cars. The plant will have annual output capacity of 160,000 vehicles with production to start in two years, GM officials told a news conference before the opening ceremony. "We're going to bring our high-end, premium product here and we're going to see how we run against the competitors from Europe and ...
More China News
RSS-
China shares test fresh 6-mth lows on dashed easing hopes Hong Kong sinks
Wed Jun 19, 2013 12:43am EDT * Indexes: HSI -1.2 pct, H-shares -1.8 pct, CSI300 -1.3 pct * Reported IPO resumption, property tax expansion hit A-shares * Defensives slide in HK as investors await Fed outcome * Mengniu spikes after $1.6 bln Yashili takeover offer By Clement Tan HONG KONG, June 19 (Reuters) - China shares tested six-month lows, sinking Hong Kong markets, as a cash squeeze in the ...
-
Bus crashes in foggy valley in China 15 dead
BEIJING (AP) -- A bus carrying 36 people veered from a road in heavy fog and crashed into a valley in western China, killing at least 15 people, state media ...
-
StanChart plans 1 bln yuan bond in Taiwan -sources
TAIPEI, June 19 | Wed Jun 19, 2013 12:24am EDT TAIPEI, June 19 (Reuters) - Standard Chartered is planning to sell a 1 billion yuan bond in Taiwan, two brokerage sources familiar with the matter said on Wednesday, in the second such bond to be issued by a global bank. The Asia-focused bank is set to apply for approval for the issue from Taiwan regulators later this month, targeting ...
-
Sanya diving group ‘Diving Best’ to promote business outside of China
The operator of China's Sanya Diving Training Centre, Diving Best, has expressed interest to enter the local tourism industry, as the State is well known in China as an eco and marine-based tourism destination. According to Sabah Economic Development Investment Authority (Sedia), a meeting with the group from the operator has shown positive outcome. The State's investment ...
-
Central banks’ decisions and important Chinese data highlight the Asian session this week
Asian markets are waiting for many critical economic data to be released this week, like rate decision for BOJ and RBNZ, as well as China’s trade ...
-
China’s trade balance sees an unexpected surplus in May
China witnessed an unexpected surplus in its trade balance during the month of May, as sales to U.S. jumped to the most this year and purchases by the European Union countries rose for the first time in three ...
-
Chinese US researchers study Tibetan medicines
eu tical technology to explore the mechanism behind Tibetan medicines' efficacy, especially in treating cancers. Harvard professor David Christiani said a number of traditional Tibetan herbal medicines can alleviate cancer symptoms and even prolong some patients' survival time. "Clinically, we know these herbs help, but it is not quite clear why and how they work ...
-
US extends anti-dumping duty on Chinas sodium hexametaphosphate
dumping duty order on the products from China would likely lead to the continuation or recurrence of material injury within a reasonably foreseeable time. It has been the first "sunset review" since February, 2008, when the duty was introduced. The duty margin on the products from China runs from 92.02 percent to 188.05 percent. A "sunset review" was conducted every five ...
-
Fish Prices Leap to All-Time High Thanks to China
Global fish prices have leapt to all-time highs as China's growing appetite for high-end species - from tuna to oysters - runs up against lower catches. The UN Food and Agriculture Organisation's global fish price index, an industry benchmark that tracks the cost of wild and farmed seafood, hit a record high in May, up 15 per cent from a year ago and above the peak set in mid 2011. ...
-
GM aims for 10 percent of Chinas luxury car market by 2020
GM.N ) said on Wednesday it aims to quadruple its share of China's luxury auto market to 10 percent by 2020 as the U.S. automaker launches new Cadillac models and expands its distribution network in the world's largest car ...
-
Asia Markets China stocks fall Japan jumps ahead of Fed meet
HONG KONG (MarketWatch) -- Chinese and South Korean stocks fell Wednesday on caution ahead of the Federal Reserve's monetary-policy decision later in the day, while Japanese shares rallied on a weakened yen and strong overnight gains on Wall ...
-
Chinese Female Astronaut’s Birth Date Altered
Many Chinese newspapers also reported in March that Wang Yaping was born in April 1978, the same year as Liu Yang, the first female astronaut, was born. (Screenshot via NTD ...
-
College Student Escapes Roommate’s Poisoning Attempt in China
Just months after two cases of university students who are suspected of having been poisoned by their roommates made headlines in China, the Chinese public has been shocked by yet another, similar attempt that took place just last month. The victim, who has chosen to use the alias of "Wang," was a female student at a university in eastern China's Zhejiang Province, who lived in ...
-
Globalfoundries lands wafer start orders from China-based Rockchip
Globalfoundries has landed wafer start orders from China-based SoC solution provider Rockchip Electronics. The US-based foundry house will manufacture Rockchip's RK3188 and RK3168 chips using a 28nm HKMG process, according to industry ...
-
China market Domestic TV panel supply falls far short of demand says CVIA vice president
China-based makers turned out 24 million LCD TV panels for a global market share of 10.5% in 2012 and will produce an estimated 44 million panels to account for 17.6% of the global total in 2013, according to vice president and secretary-general Bai Weimin for the China Video Industry Association. However, China-based vendors will produce more than 120 million LCD TVs in 2013, meaning that ...
-
Taiwan market Sony to launch Handycam camcorder GW88V
GW88V features Exmor R CMOS image sensor to support Full HD video recording and 20.4-megapixel photography, 10x optical zoom, operability at 10m under water and low temperatures up to -10 degrees C, shockproof of 10m fall and IP5X dustproof, Sony Taiwan ...
-
Tastes and sights of Taiwan in Xiamen
Vendors from Taiwan sell Taiwanese foods at a Taiwan-style temple fair in Xiamen, southeast China's Fujian Province, on Friday, June 14, 2013. The temple fair is part of the city's fifth Straits Forum to be held on June ...
-
Hot Air Balloon Festival kicks off in Chinas Hainan
15 hot air balloons participated in the event Tuesday to to fly across the Qiongzhou Strait from the city of Haikou and reach a designated place in neighboring Guangdong ...
-
Sebin Festival of Owenke ethnic group kicks off in N China
Herdsmen of the Owenke ethnic group wrestle at the annual Sebin (Happiness) Festival in Owenke Autonomous Banner, north China's Inner Mongolia Autonomous Region, June 18, 2013. The Owenke ethnic group has the reputation of the "last hunting tribe in ...
-
Shanghai negative in early trade
(42 mins ago) Shares in Shanghai were down 0.81 percent in early trading on worries over a share glut that could be triggered by the resumption of new stock offers, dealers said. The benchmark Shanghai Composite Index fell 17.52 points to 2,141.77. China's stock regulator might resume approvals for initial public offerings as early as July after a nearly eight-month suspension, state ...
-
Hong Kong stocks edge lower ahead of Fed HSBC up
HONG KONG (MarketWatch) -- Hong Kong stocks pulled lower in cautious trade Wednesday as investors awaited the Federal Reserve's monetary-policy decision for clues on its bond purchases. The Hang Seng ...
-
Bus falls into Valley15 die
At least 15 people were killed after a bus with 36 passengers fell into a valley in Northwest China's Xinjiang Uygur autonomous region on Tuesday afternoon. The accident happened at around 5:15 pm in an area with an average altitude of 2,000 meters near Miaoergou village, in the Changji Hui autonomous prefecture. The passengers were employees of a local company who were returning after ...
Shanghai Focus
-
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
News from around our Network
