China News

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Tue, 9 Feb 2010 08:40:00 GMT

China's auto sales doubled in January from year earlier: Xinhua

BEIJING, Feb. 9 KYODO China's auto sales more than doubled in January from a year earlier to exceed 1.6 million units, a new record high, the China Association of Automobile Manufacturers said Tuesday, according to the official Xinhua News Agency.
Tue, 9 Feb 2010 08:40:00 GMT

President (President calls for taking Pak-China bilateral ties to new heights)

President Asif Ali Zardari on Monday called for taking Pak- China bilateral trade and commercial ties to new heights as the two countries were and friends but also natural partners in the economic growth of the region. Strengthening and expanding
Tue, 9 Feb 2010 08:40:00 GMT

China's Sovereign Wealth Fund Loads Up On GLD, USO

China Investment Corp., the nation's sovereign wealth fund, has become the fourth-largest shareholder in the U.S. Oil Fund (NYSE: USO ), the ETF that tracks crude oil futures, by purchasing 2 million shares, or 3.48% of USO's outstanding units.
Tue, 9 Feb 2010 08:40:00 GMT

UN envoy arrives in N.Korea

UN envoy Lynn Pascoe arrived in North Korea on Tuesday, China's state Xinhua news agency reported, on a mission to try to revive long-stalled six-party nuclear disarmament talks. Pascoe, UN chief Ban Ki-moon's top political adviser, is the first
Tue, 9 Feb 2010 08:40:00 GMT

Australian firm admits China name bungle in mega-deal

Australian miner Resourcehouse Tuesday admitted giving the wrong name for a Chinese company involved in a 60 billion US dollar coal deal, but insisted the agreement was legitimate. Resourcehouse said it had struck the deal, touted as an Australian
Tue, 9 Feb 2010 08:40:00 GMT

Australian firm admits China name bungle in mega-deal

Australian miner Resourcehouse Tuesday admitted giving the wrong name for a Chinese company involved in a 60 billion US dollar coal deal, but insisted the agreement was legitimate. Resourcehouse said it had struck the deal, touted as an Australian
Tue, 9 Feb 2010 08:39:00 GMT

Bus wreck rescue work ends in south China

HECHI, Guangxi: Authorities finished the rescue work of freeing people Tuesday morning from a bus wreck in a ravine of south China's Guangxi Zhuang Autonomous Region, 20 hours after the accident that killed seven people and injured 50. A damaged
Tue, 9 Feb 2010 08:39:00 GMT

Taiwan President: Trade Pact Will Attract More Foreign Investment

TAIPEI -(Dow Jones)- Taiwan President Ma Ying-jeou said Tuesday the proposed trade pact with China will help attract more foreign investment to the island, among other benefits. 'Foreign firms have expressed a willingness to increase investment or make
Tue, 9 Feb 2010 08:39:00 GMT

HK stocks snap 3-day losing streak, end up 1.2 pct

HONG KONG, Feb 9 (Reuters) - Hong Kong shares rebounded 1.22 percent on Tuesday, snapping a three-day losing streak, as commodity-related stocks soared on higher prices, while a stronger euro lifted Europe-focused fashion retailer Esprit Holdings. The
Tue, 9 Feb 2010 08:39:00 GMT

3SBio Gains China Rights to Another Dialysis Drug

3SBio Inc. (NSDQ: SSRX) in-licensed the China rights to a phosphate binder, Nephoxil, from Panacor Bioscience Ltd. of Taiwan. Phosphate binders are routinely prescribed for end stage renal disease, the same population served by 3SBios major products, the
Tue, 9 Feb 2010 08:39:00 GMT

UPDATE 1-China c.bank chief says bank lending pace stable

SYDNEY, Feb 9 (Reuters) - People's Bank of China Governor Zhou Xiaochuan said on Tuesday the pace of bank lending in China was stable, and while inflation was edging up overall price pressures remained moderate. Chinese authorities have started
Tue, 9 Feb 2010 08:39:00 GMT

HK stocks snap 3-day losing streak, end up 1.2 pct

HONG KONG, Feb 9 (Reuters) - Hong Kong shares rebounded 1.22 percent on Tuesday, snapping a three-day losing streak, as commodity-related stocks soared on higher prices, while a stronger euro lifted Europe-focused fashion retailer Esprit Holdings (0330.
Tue, 9 Feb 2010 08:39:00 GMT

UPDATE 1-China Jan car sales up 116 pct on holiday spending

By Fang Yan and Jacqueline Wong SHANGHAI, Feb 9 (Reuters) - China's passenger car sales in January jumped 115.5 percent from a year earlier, the country's official industry association said on Tuesday, as car buyers packed showrooms before the Lunar New
Tue, 9 Feb 2010 08:39:00 GMT

Taiwan's young malt a surprise whisky winner

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Tue, 9 Feb 2010 08:39:00 GMT

China shares edge up amid pre-holiday trading lull

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Tue, 9 Feb 2010 08:38:00 GMT

Taiwan's car industry faces a bleak 2010 following sales boom from tax cut last year

Last year, a year-long commodity tax cut revived the Taiwanese auto sector from a 22-year lull. As the initiative became void on 31 December last year, there is little optimism for car sales in 2010. Last month, Taiwan witnessed the final salvo in a
Tue, 9 Feb 2010 08:38:00 GMT

Australian miner admits China firm name mix-up

An Australian mining company Tuesday admitted giving the wrong name for a Chinese firm involved in a 60-billion-US-dollar coal deal, but insisted the agreement was genuine. A Resourcehouse spokesman said it simply made a mistake when announcing a widely
Tue, 9 Feb 2010 08:38:00 GMT

"+ "China's ICBC curbs lending

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Tue, 9 Feb 2010 08:37:00 GMT

China releases pollution census

BEIJING - CHINA said on Tuesday that its first national pollution census has mapped more than 5 million sources of industrial, residential and agricultural waste throughout the country, but that the results won't be publicly available for now. The
Tue, 9 Feb 2010 08:37:00 GMT

12 feared dead in Yangtze

BEIJING - AT LEAST one person died and 11 others were feared drowned in eastern China after their ship collided with another vessel and sank in the Yangtze River, local maritime authorities said on Tuesday. Rescuers expanded their search for the 11
Tue, 9 Feb 2010 08:36:00 GMT

Gilani terms Pakistan-China cooperation multi-dimensional

Prime Minister Syed Yusuf Raza Gilani has said that the friendship between Pakistan and China is time-tested and long- standing, and the cooperations are multi-dimensional and the friendship would be further strengthened during the years to come. In an
Tue, 9 Feb 2010 08:36:00 GMT

China urges more talks on Iran nuclear plans

China has called for more talks in the wake of calls by other world powers for possible sanctions on Iran if it goes through with its intention to enrich uranium to higher levels.
Tue, 9 Feb 2010 08:36:00 GMT

BriefingsDirect analysts discuss ramifications of Google-China dust-up over corporate cyber attacks

The latest BriefingsDirect Analyst Insights Edition, Volume 50, from the Googles threat to pull out of China, due to a series of sophisticated hacks and attacks on Google, as well as a dozen more IT companies. Due to the attacks late last year, Google on
Tue, 9 Feb 2010 08:35:00 GMT

China January Passenger-Car Sales Surge on Stimulus (Update1)

(Adds analyst’s comment in third paragraph.) Feb. 9 (Bloomberg) -- China’s passenger-car sales more than doubled in January after the government extended economic stimulus measures, helping boost demand for General Motors Co. minivans and Volkswagen
Tue, 9 Feb 2010 08:34:00 GMT

China shuts down largest hacker training website

SHANGHAI (Reuters) China has closed what it claims to be the largest hacker training website in the country and arrested three of its members, domestic media reported on Monday.
Tue, 9 Feb 2010 08:33:00 GMT

Rural-urban differences in generation of Chinese and Western exemplary persons: The case of China

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Tue, 9 Feb 2010 08:33:00 GMT

From glamour-oriented idolatry to achievement-oriented idolatry: A framing experiment among adolescents in Hong Kong and Shenzhen

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Tue, 9 Feb 2010 08:33:00 GMT

Beijing to tackle steel sector restructuring

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Tue, 9 Feb 2010 08:32:00 GMT

Three killed in PetroChina gas leak

Capital: Chongqing City related stories Three workers are dead and another three seriously hurt after a gas leak from a PetroChina-operated well in Tongnan County, near Chongqing City, provincial officials confirmed. A Tongnan official told Upstream the
Tue, 9 Feb 2010 08:32:00 GMT

BANK OF CHINA CLEARED TO TRANSACT RETAIL FOREX ONLINE - Zibb.com

(AsiaPulse via COMTEX) -- Company: Bank of China Ltd (BACHF) The Bank of China (BoC; SSE:601988) announced on Sunday that it had been approved to launch retail foreign exchange sale and purchase business via online banking from the State Administration
Tue, 9 Feb 2010 08:31:00 GMT