China News

Christian Science Monitor | Nov 16, 2011

As China tries to get Taiwan to talk politics, Taipei is attempting to head off any public opinion backlash at home by looking elsewhere to achieve its goal of international independence.

Washington Post | Nov 16, 2011

MANILA, Philippines — In a highly symbolic ceremony aboard a guided-missile destroyer Wednesday, U.S. Secretary of State Hillary Rodham Clinton underscored America’s military and diplomatic backing for the Philippines as it engages in an increasingly tense territorial dispute with China in the resource-rich South China Sea.
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Washington Post | Nov 16, 2011

BEIJING — An overloaded school minibus crashed head-on with a truck in rural western China on Wednesday, killing at least 18 kindergarten children on their way to class, officials said.
Sixty-two children and two adults were crowded into the bus, which had just nine seats, officials said. The driver and a teacher died along with the children, aged 5 and 6, said the director of the provincial work safety emergency office, surnamed Fan.
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The Sydney Morning Herald | Nov 16, 2011

BEIJING: The Russian Prime Minister, Vladimir Putin, is used to receiving accolades in friendly nations, but even he may raise an eyebrow at the prize he has just been awarded in China: peacemaker of the year.

The Sydney Morning Herald | Nov 16, 2011

NUSA DUA, Bali: Tensions over the oil-rich and strategically important South China Sea have escalated as Chinese state media accused the US and the Philippines of planning a ''grab'' for its resources and a senior foreign ministry official said it doesn't want the issue discussed at this week's East Asia Summit in Bali.

The Sydney Morning Herald | Nov 16, 2011

Tensions over the oil-rich and strategically important South China Sea escalated yesterday, as Chinese state media accused the US and the Philippines of planning a ''grab'' for its resources and a senior foreign ministry official said it did not want the issue discussed at this week's East Asia Summit in Bali.

The Sydney Morning Herald | Nov 16, 2011

US President Barack Obama has warned China it must obey the global "rules of the road".

People's Daily | Nov 16, 2011

HONG KONG - China Mobile Communications Corp, the world's largest telecom carrier by subscribers, said it has already launched the second phase of its fourth-generation (4G) mobile network trial in six Chinese cities, and hopes to complete the new trial by June next year.

The new large-scale TD-LTE network trial began in October, following the completion of a nine-month first-phase trial at the end of September, said Li Zhengmao, an executive vice-president of China Mobile, at an industry su ...

People's Daily | Nov 16, 2011

TWO brands of mineral water from France were among more than 420 imported food or cosmetic items found substandard during entry tests, China's top quality watchdog said yesterday.

Excessive nitrite, which may increase cancer risks, was detected in Evian and Volvic water, according to a report by the General Administration of Quality Supervision, Inspection and Quarantine.

Other problems involved more than 27 tons of salmonella-tainted pork from Denmark for China's largest meat processor ...

People's Daily | Nov 16, 2011

China has a staggering $3.2 trillion-worth of foreign exchange reserves, envied by many developing countries and coveted also by Europeans now craving capital to ease their debt crisis.

This reserve also provides a solid foundation for China to combat the global economic crisis and seek economic discourse equal to its national power in the international setting.

However, confined by the current dollar-denominated international monetary system, China needs to do more than just stack up it ...

People's Daily | Nov 16, 2011

China ranked 63rd out of 125 countries and regions in terms of integration into the world economy, with the Netherlands topping the list, according to the Global Connectedness Index 2011 launched by DHL Tuesday.

The index examines data on 10 different types of international flows, including trade, capital, information and people, from 2005 to 2010.

It found that China rose four ranks since 2005 to 63rd place among the 125 countries; while Hong Kong remained at ninth place over the period.
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People's Daily | Nov 16, 2011

China's railway investment in the first 10 months of this year fell sharply, as the Ministry of Railways (MOR) is facing mounting pressure to pay off creditors.

The ministry announced Tuesday that its fixed asset investments reached 429 billion yuan (about $68 billion) in the first 10 months of this year, representing a sharp decrease of 25.2 percent from a year ago.

Its infrastructure investment in the first 10 months reached 367 billion yuan, falling 28 percent year-on-year, according to ...

People's Daily | Nov 16, 2011

BEIJING - There are vulnerabilities in the financial sector, though the financial system is sound overall, the International Monetary Fund (IMF) said in a report released on Tuesday, as it called for further reforms.

In its first formal evaluation of China's financial system, the Washington-based lender said China needs to speed up its financial reform.

The IMF welcomed improvements in supervision and regulation and the upgrading of banks' risk management systems.

"China's banks and fin ...

BBC | Nov 16, 2011

The organisers of China's so-called Confucius Peace Prize say they are determined to give the award to Vladimir Putin, despite official opposition.

BBC | Nov 16, 2011

Software giant SAP unveils plans to invest $2bn in China and double its workforce.

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