China

Chinese electric taxis struggle to win mass appeal

A pioneering electric taxi project in China's southern economic powerhouse of Shenzhen seems a success by most accounts. Riders are enthusiastic, there have been no accidents and drivers are termed "gracious," not a term usually applied to mainlan...

Chinese authorities say Ai Weiwei owes back taxes

Although prominent Chinese dissident artist Ai Weiwei has been charged with tax evasion, his lawyer Pu Zhiqiang says that the tax authorities have yet to provide evidence for the charge.


China's $600 billion housing push faces roadblocks

Langi Chiang and Don Durfee Reuters 24.06.2011
China's $600 billion housing push faces roadblocks

Taoyuan Village, the first affordable-housing project in the southern boomtown of Shenzhen, should be a shining example of Beijing's ambitious $600 billion plan to offer high-quality housing for the millions of Chinese priced out by the urban prop...

Gome Says It's Suing Ex-Chairman Chen in Beijing for Breach of Agreement

Gome Electrical Appliances Holding Ltd., China’s second-largest electronics retailer, said it filed a lawsuit in Beijing against former chairman Chen Xiao for breaching an agreement to protect the company’s reputation.


Hong Kong scholar freed after China cuts sentence

A Hong Kong-based historian jailed on state secrets charges in China was released Thursday after his heavy sentence was reduced in a show of clemency that a rights group says has been increasingly rare for political prisoners.

HSBC, Citi given nod to underwrite China corporate debt: sources

The China units of HSBC Holdings (HSBA.L) (0005.HK) and Citigroup Inc (C.N) have won initial approval to underwrite corporate debt in China, paving the way for them to be the first foreign banks to win the coveted licenses, sources told Reuters on...


China rebukes US over South China Sea disputes

China criticized the U.S. on Tuesday over a senator's call for multilateral negotiations to resolve festering territorial disputes in the South China Sea.

Police struggle to quell mass riots in southern China

James Pomfret, Xavier Ng Reuters 13.06.2011
Police struggle to quell mass riots in southern China

Police in southern China have struggled to contain riots by hundreds of migrant workers over several days in a city near Guangzhou after a young pregnant street hawker was harassed by security guards, media reports said Monday.


PLA chief 'confirms first China aircraft carrier'

A top Chinese military official has confirmed that Beijing is building an aircraft carrier, marking the first acknowledgement of the ship's existence from China's secretive armed forces.

China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills

China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by ...


China Southern Airlines to buy six Boeing B777Fs

China Southern Airlines, one of China's major air carriers, said on Tuesday that it has agreed to buy six Boeing 777 freighters, as the company continues to grow its cargo business.

China detains 74 in latest lead poisoning scandal

AUTHORITIES in eastern China have detained 74 people and suspended work at hundreds of factories after a new lead poisoning scare once again highlighted the dark side of the country's economic boom.


China mulls compensation for Tiananmen dead: group

Chinese police have for the first time raised the possibility of compensation for those killed in the crushing of the 1989 Tiananmen pro-democracy protests, families of victims said Tuesday.

Apple Probes Blast at Chinese iPad Plant

Apple is investigating an explosion that killed two people, injured 16 and forced a production halt at a Foxconn Technology Group factory in China said to produce the popular iPad 2.


In China, some new cities are ghost towns

In China's Inner Mongolia, Kangbashi district offers residents "new modern" living, with tree-lined streets, shiny apartment buildings, vast parklands, restaurants and even a motor racing track. But seven years after construction workers broke gro...

Foreign Investment in China Climbs 15%

Foreign direct investment in China climbed 15 percent in April as companies including Starbucks Corp. (SBUX) and Walt Disney Co. expand to tap rising incomes in the world’s fastest-growing major economy.


China Luxury Consumers Become More Brand Conscious, KPMG Says

Chinese consumers are increasingly brand conscious as the country is set to become the world’s largest luxury market, according to KPMG International.

Security crackdown expected at Forbidden City, the imperial home, after jewel theft

POLICE have arrested a man they said broke into China's famed Forbidden City and stole seven art pieces made of gold and jewels, state media reports.


China's Rising Wages Propel U.S. Prices

SHAI OSTER The Wall Street Journal 09.05.2011
China's Rising Wages Propel U.S. Prices

Wages are rising in China, heralding the possible end of an era of cheap goods. For the past 30 years, customers would ask William Fung, the managing director of one of the world's biggest manufacturing-outsourcing companies, to make his products—...

Chinese rocker reported detained after backing Ai Weiwei

A Chinese rock musician was briefly detained by police after voicing support for prominent artist and rights campaigner Ai Weiwei who is himself under detention, a Hong Kong-based rights group said on Thursday.



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