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Daily Archives: July 1, 2012

Americans Don’t Quite Understand ‘This’ About China’s Economy

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July 1, 2012
Americans Don’t Quite Understand ‘This’ About China’s Economy

Can Beijing engineer a soft landing? That’s what pros will be looking to next, believing the fortunes of the stock market now rest with China – especially if Europe has managed to ring-fence it’s financial crisis. And lately economic data hasn’t looked that good. For example, the HSBC Flash Purchasing Managers Index (PMI) showed...
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U.S. Reaches Out to China, but Not for Naval Maneuvers

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July 1, 2012

The contrast between the message of collaboration brought by Adm. Samuel J. Locklear III and the absence of the Chinese in the naval exercise — which included China’s regional rivals, Russia and India, among its 22 participants — highlighted the wary relationship between the American and Chinese militaries as the United States seeks to...
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China to build airport in poorest Tibetan prefecture Golog

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July 1, 2012

(TibetanReview.net, Jun30, 2012)  China is to build a new civilian airport in Golog (Chinese: Guoluo) Prefecture of Qinghai province, making it the fourth across the traditional Tibetan province of Amdo which includes Qinghai and areas incorporated into Gansu and Sichuan provinces. The construction of the Dawu Airport, located near the prefecture’s government seat, will...
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China’s Hu urges new Hong Kong leader to heed "problems"

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July 1, 2012

By Tan Ee Lyn and James Pomfret HONG KONG (Reuters) – Chinese President Hu Jintao on Sunday swore in Hong Kong’s new leader who will have to confront challenges ranging from human rights to a push for democracy in the free-wheeling financial center after a year of transition and protest. Security was tight at...
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Russia, China join US in calling for new government in Syria

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July 1, 2012

GENEVA – Russia and China joined the United States Saturday in calling for a transitional government to replace the Bashar al Assad dictatorship in Syria, a major shift after a bloody conflict in which Assad has used the army and police to fight a pro-democracy uprising. It suggested a significant move for Russia, which has...
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Grand gala staged in HK to celebrate 15th anniversary of return

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July 1, 2012
Grand gala staged in HK to celebrate 15th anniversary of return

HONG KONG, July 1 (Xinhua) — A grand gala was staged in the Hong Kong Stadium on Sunday to mark the 15th anniversary of Hong Kong’s return to the motherland, attracting an audience of about 40,000 local residents. With the theme “New start, Go forward together,” the gala held the audience spellbound with traditional...
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Strong quake jolts western China; at least 34 hurt

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July 1, 2012

A strong earthquake jolted China’s far-western frontier early Saturday, shaking buildings and cutting off electricity in the remote mountainous area and injuring at least 34 people. The U.S. Geological Survey measured the quake, which hit the Xinjiang region, at magnitude 6.3, while China’s Earthquake Networks Center put it at 6.6. China’s state-run Xinhua News...
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China June official PMI hits 7-month low

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July 1, 2012

BEIJING (Reuters) – China’s factory downturn worsened in June as a key activity index hit a seven-month low, data expected to raise expectations the central bank may seek more policy easing to revive the world’s second-largest economy. The official Chinese purchasing managers’ index (PMI) fell to 50.2 in June after seasonal adjustments, the National...
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China says preparations on track for party meeting

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July 1, 2012

BEIJING — China said Sunday that preparations are going smoothly for a major Communist Party meeting at which the country’s top leaders will changed, even though the once-a-decade transformation has been overshadowed by a political scandal. An editorial in the party newspaper, the People’s Daily, said arrangements for the party congress are under way....
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New China law targets foreigners working illegally

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July 1, 2012

China’s national legislature adopted a new law Saturday that will target foreigners who are living and working in China illegally, the official Xinhua News Agency said, adding that the government encourages citizens to inform on suspected illegal workers. The law approved by the National People’s Congress Standing Committee now requires foreigners to obtain valid...
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News Calendar

China Local News

Beijing Tightens Presale Rules as Home Prices Rise Under Curbs

Beijing is tightening rules for real estate projects as local officials seek new measures to contain a rebound in home prices. The city will require...
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Chinese traders backing off North Korea as sanctions bite

A ceremony was held in Hwanggumpyong, North Korea on September 15, 2012, marking the formal start of China and North Korea co-developing and co-managing...
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