Monthly Archives: January 2012

China ban on Indian meal to benefit Canadian canola

January 31, 2012

China imposed the ban after some Indian meal cargoes were found to have been contaminated with the dye malachite green last year, threatening imports that traders said were worth $161 million in 2011. China bans malachite green, which was frequently detected in meal cargoes from India last year, from ingredients used to produce animal...

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China’s Cabinet seeks opinions on annual government work report

January 31, 2012

 Chinese Premier Wen Jiabao speaks as he chairs a work conference of the State Council, or China’s Cabinet, to discuss the draft of the annual government work report which is to be delivered at the fifth session of the 11th National People’s Congress (NPC) in Beijing, capital of China, Jan. 31, 2012.(Xinhua/Liu Jiansheng) BEIJING,...

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China metal firms’ profits shredded by weak property, Europe

January 31, 2012

Tue Jan 31, 2012 4:25am EST * 2011 profits at steel, aluminium makers hit * Europe debt crisis, weak China property market factors * Analysts see few near-term signs of revival for steel By Jason Subler SHANGHAI, Jan 31 (Reuters) – A host of Chinese steel and other metals firms have flagged steep falls...

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China presses Sudan to help free workers

January 31, 2012

BEIJING (Reuters) – China called on Sudan on Tuesday to seek urgently the release of 29 Chinese workers held by rebels in the border state of South Kordofan and said it had sent a team of officials to help win their freedom. The Chinese Vice Foreign Minister Xie Hangsheng summoned a senior diplomat at...

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China-Based Hackers Target Law Firms as Back Doors in Search for Deal Data

January 31, 2012

China-based hackers looking to derail the $40 billion acquisition of the world’s largest potash producer by an Australian mining giant zeroed in on offices on Toronto’s Bay Street, home of the Canadian law firms handling the deal. Over a few months beginning in September 2010, the hackers rifled one secure computer network after the...

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China ministry says to bar giant ships from ports

January 31, 2012

PATNA, India (Reuters) – There’s an apocryphal story about Bihar, a sprawling state on the Gangetic plains of eastern India that for decades held the dubious honor of being the most violent, poverty-stricken and corrupt in the land. A Japanese minister visiting in the 1990s, shocked at the decrepit buildings, the darkness …

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China’s Stocks Decline After Weeklong Holiday on Policy Outlook

January 31, 2012

January 30, 2012, 8:01 PM EST By Bloomberg News Jan. 30 (Bloomberg) — China’s stocks fell after property and retail sales weakened during a weeklong holiday and the government signaled caution toward further easing of monetary policy by holding off on a cut in bank reserve requirements. Industrial Commercial Bank of China Ltd. led...

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China’s state TV making huge global expansion – St. Louis Post

January 31, 2012

The killing of a South Korean coast guard officer by a Chinese fisherman should have been tailor-made for China’s CCTV News as it embarks on an ambitious plan to become a global network with assertive international coverage. Instead, according to CCTV employees, the story languished for hours as editors awaited political guidance from above,...

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China rare earths safe from WTO ruling on export curbs

January 31, 2012

Like us on Facebook “The decision of the appellate body is a huge victory for the United States,” said Michael Silver, chief executive of American Elements, a U.S.-based rare earth processor. “It confirms the existence of the two-tiered price structure that has caused so much concern.” EU Trade Commissioner Karel De Gucht said the...

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Philippines seeks peace with China anew

January 31, 2012
Philippines seeks peace with China anew

Del Rosario flew to China in mid-2011 amid rising tension over the two countries’ conflicting claims in the potentially resource-rich Spratly group of islands in the West Philippine Sea (South China Sea). Instead of lashing out at the Global Times of China for calling for economic sanctions against the Philippines, Foreign Secretary Albert del...

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