CHINA: April 23, 2012
Factories in China Show Pace Is Improving
A closely watched survey of manufacturing activity in China rebounded in April, offering the latest sign that the Chinese economy was gradually regaining some of the momentum it lost last year.
China Grows Its Dairy Farms With a Global Cattle Drive
In one of the largest transoceanic cattle drives in history, as many as 100,000 heifers from Uruguay, Australia and New Zealand will board multistory cattle-carrying ships this year—bound for China. The global roundup is a key part of China’s effort to satisfy growing domestic demand for milk and remake its dairies after a deadly tainted-milk scandal in 2008 devastated production and caused distrustful consumers to turn to imported milk.
China policy battles boost South China Sea strains
Jockeying by Chinese agencies over policy fiefdoms and budgets threatens to intensify tension in the disputed South China Sea, a respected think tank warned on Monday, with the Philippines seeking more patrols to guard against China’s claims.
China big oil firms on edge over U.S. disclosure
Oil firms may have to share financial data from global projects.
More Chinese Head to U.S., Report Says
An increasing number of people from China moved to America last year.
China detains dozens in poison drug capsule scandal
Chinese police have detained 45 people, arrested nine and seized more than 77 million capsules tainted with chromium in China’s latest product safety scandal, which has aroused widespread public concern despite repeated pledges to get tough.
China, Amid Uncertainty at Home and in Europe, Looks to Germany
As Prime Minister Wen Jiabao of China tours Europe this week, it is no accident that Germany occupies a special place on his itinerary.
China’s leaders are cracking down on Bo Xilai and his Chongqing model
The campaign against Bo Xilai is not motivated by a desire to stop corruption or solve a murder case, but by a deep political conflict.
South Sudan seeks Beijing investment
South Sudan will seek Chinese funds to build an alternative oil pipeline so that it no longer depends on the north to export its oil, a senior official said, ahead of a presidential visit to Beijing.
China-Russia naval drills begin in Yellow Sea
China and Russia launched joint naval exercises Sunday that highlight warming ties between their militaries and growing cooperation in international affairs.
Toxic Chinese mercury pollution travelling to US
Mass quantities of air pollutants from China, including mercury discharged from traditional coal-fired power plants, are travelling to places as far away as the US, according to the US environment agency.
Cyber-attack cripples US website covering Bo Xilai scandal
China’s security services ordered attack, claims manager of Boxun.com, which has seen visitor traffic rise 155% this year.
China’s car market matures after ultra-fast growth
The market is flat and competition is hot as this year’s Beijing motor show gets underway this week.
China says will “not be absent” from IMF fund boost
China said it will “not be absent” from plans to enhance funds for the International Monetary Fund and repeated its confidence in euro zone economies, according to a People’s Bank of China statement issued on Saturday after an IMF meeting in Washington.
China, NKorea Reaffirm Ties After Rocket Test
Chinese President Hu Jintao met with a top North Korean envoy on Monday in a reaffirmation of traditional ties following Chinese pique over Pyongyang’s recent attempted rocket launch.
Palace websites attacked by ‘Chinese networks’
The dispute between China and the Philippines over Scarborough Shoal continued to spill over into cyberspace with Philippine government websites being attacked by “Chinese networks” on Monday.
China’s Biggest Banks Are Squeezed for Capital
China’s banks are among the biggest and most profitable financial institutions in the world.
China to invest in infrastructure to bolster growth
China is set to speed up spending on roads, railways and utilities to boost economic growth, the official China Securities Journal said on Monday, citing government economists.
China Internet firms face venture capital funding squeeze
China’s hot Internet sector is facing a problem it is unaccustomed to: a lack of money.
China Court Spares Life of Millionaire
China’s highest court spared a 30-year-old millionaire once labeled one of China’s richest women from the death penalty, in a case that drew attention to the country’s underground lending market and elicited an outpouring of online protests as well as sympathetic comments from Premier Wen Jiabao.
Suspected Sale by China Stirs Concern at White House
The Obama administration says it believes that a Chinese manufacturer sold North Korea the chassis and other parts for a missile-transport vehicle displayed in a military parade this week, a senior official said Friday, raising new concerns about China’s ability to enforce a ban on military sales to North Korea.
Jon Huntsman explains China comment
Jon Huntsman on Monday attempted to explain comments comparing the Republican party to the Chinese communist party.
Zhou Xiaochuan, governor of the People’s Bank of China (PBOC)
“Since we have decided on the gradualism approach (for the yuan), and we have been implementing that for years, we are almost there and we must stick to the path… The market supply and demand will play a bigger role, and the central bank will only intervene when the exchange rate movement is out of the normal range — the frequency of our intervention will be less and the way of doing it will be more flexible as well.”
China’s Corrupt Secrets
The Bo Xilai affair offers a reality check for anyone who’s worried that a rising China will supplant the United States anytime soon: First, the Chinese know that the scandal is just the tip of an iceberg of corruption menacing the country; and second, the leadership in Beijing understands that the scandal could have been much messier if the White House hadn’t kept quiet the past two months.
Three Questions From China’s Bo Xilai Fiasco
Six of nine Politburo members paid homage to Chongqing, implicitly endorsing the now-discredited ‘Chongqing Model.’
The Startling Plight of China’s Leftover Ladies
China’s men far outnumber women. So why is it so hard to find a good husband?
Environmental Standards Give The United States An Edge Over China
This Earth Day is a great opportunity to take stock of the progress we are making around the world on environmental protection. Here in the United States, much can be learned by comparing our environmental progress to China, where they are just now starting down a path we took back in 1970.
China is deeply flawed. Its dominance is not inevitable
The country’s success will continue only if its elites initiate the political and economic reforms it desperately needs.
China’s Deals Threaten U.S. Supremacy
The current spate of Chinese bids for U.S. companies has so far received benign treatment in the media.
China’s Princelings Become a U.S. Media Phenomenon
On Wednesday morning, Jodi Seth, the communications director for the Senate Foreign Relations Committee was swamped with calls on a subject she knew little about: Chinese “princelings,” or the children and grandchildren of prominent members of China’s Communist Party, many of them studying and living in the U.S. Seth wasn’t the only one flooded with inquiries she could do little to answer. Her counterparts at the State Department, the FBI and Harvard were experiencing a similar phenomenon. The princelings, it seems, have become somewhat of an American fascination.
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