Daily Archives: August 1, 2012

China aims for the moon

August 1, 2012
China aims for the moon

China will attempt to land an exploratory craft on the moon for the first time in 2013, state media reported, according to the telegraph.com. China’s third lunar probe will blast off in the second half of 2013, the state Xinhua news agency reported late on Monday. Other reports said it would land and transmit...

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China Reiterates Growth Chief Priority

August 1, 2012
China Reiterates Growth Chief Priority

China’s leaders pledged to keep adjusting policies to ensure stable economic growth this year as a state newspaper said some banks are telling branches to provide local-government loans. “The ongoing pace of economic growth is within expectations, but the external environment remains grim and poses difficulties and challenges,” the official Xinhua News Agency said...

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China holds reception to mark 85th anniversary of PLA founding

August 1, 2012
China holds reception to mark 85th anniversary of PLA founding

Chinese top leaders Hu Jintao, Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, He Guoqiang and Zhou Yongkang attend a grand reception to mark the 85th anniversary of the founding of the People’s Liberation Army (PLA), in Beijing, capital of China, July 31, 2012. (Xinhua/Lan Hongguang)   BEIJING (Xinhua) —...

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IOC: China’s Ye Shiwen passed drug test

August 1, 2012

LONDON (AP) The International Olympic Committee has sprung to the defense of China’s teenage swim sensation Ye Shiwen, saying she passed a drug test after her world record win in the 400 medley. IOC spokesman Mark Adams urged people to ”get real” and said it is ”very sad” if great performances cannot be applauded....

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China’s ‘incredible’ Ye denies doping allegations

August 1, 2012
China’s ‘incredible’ Ye denies doping allegations

Hong Kong (CNN) — Chinese swimmer Ye Shiwen has strongly denied that she’s a drugs cheat following a series of record-breaking swims at the Olympics in the past few days. “My achievements derive from diligence and hard work, I will never use drugs. Chinese athletes are clean,” Ye told reporters late Monday. “The Chinese...

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China Says Romney’s Comments on Jerusalem Wrong

August 1, 2012
China Says Romney’s Comments on Jerusalem Wrong

  China criticized Mitt Romney on Tuesday, saying the U.S. presidential candidate’s statement that Jerusalem is the capital of Israel could worsen an already tense Mideast situation, or even re-ignite a war between Palestinians and Israelis. A commentary Tuesday by the official Xinhua News Agency said Romney’s “hawkish remarks” ignored the sensitive nature of...

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China refutes Japan’s annual defense paper, urging it to introspect

August 1, 2012

BEIJING (Xinhua) — A Chinese Foreign Ministry spokesman refuted groundless criticisms on China’s national defense policy made by a newly-released Japan’s annual defense white paper, urging the country for serious introspection. “China strongly opposes to the groundless criticisms on China’s normal national defense development and military activities, and the irresponsible remarks on China’s internal...

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China official PMI shows factory sector barely growing

August 1, 2012

By Lucy Hornby BEIJING (Reuters) – China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July from 50.2 in June, suggesting the sector is barely growing, a survey by the National Bureau of Statistics showed on Wednesday. The figures showed that factory output was expanding, but that new orders,...

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China swings into capital account deficit in second quarter

August 1, 2012

BEIJING (Reuters) – China’s capital and financial account swung into a deficit of $71.4 billion from a surplus of $56.1 billion in the first quarter as domestic firms and residents increased their holdings of foreign currencies amid the global turbulence, the nation’s foreign exchange regulator said on Tuesday. China has suffered sporadic capital outflows...

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China Says Olympic Doping Accusations Unfair

August 1, 2012

China’s anti-doping chief says it is unfair to single out Chinese athletes, after a top U.S. coach and others expressed concerns about the world record-shattering performance of a Chinese swimmer at the London Olympic games. “I think it is not proper to single Chinese swimmers out once they produce good results,” said Jiang Zhixue,...

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