China Current Events: April 13
China’s fiscal revenue up 14.7 pct in Q1 China’s fiscal revenue in the first quarter of the year rose 14.7 percent from the same period last year to hit nearly 3 trillion yuan (475.81 billion U.S. dollars), the Ministry of Finance said Friday. China cuts off internet access in bid to exert control As the [...]
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- Former Bank Executive in China Faces Bribe Accusations - New York Times May 21, 2013Telegraph.co.ukFormer Bank Executive in China Faces Bribe AccusationsNew York TimesHONG KONG — China's top anticorruption agency said on Monday that a former state bank executive faced accusations of pocketing huge bribes, making him the latest senior official to face charges during the new leadership's drive to show that it is ...China Communist P […]
- 3 NYU Scientists Accepted Bribes From China, US Says - New York Times May 21, 2013Newsday3 NYU Scientists Accepted Bribes From China, US SaysNew York TimesThe defendants, all Chinese citizens, included Yudong Zhu, 44, of Scarsdale, N.Y., an associate professor in the school's radiology department who was described by the authorities as “an accomplished researcher and innovator.” He was hired by the ...MRI Researchers Accused of Shari […]
- North Korea Releases Chinese Fishing Crew - New York Times May 21, 2013Wall Street JournalNorth Korea Releases Chinese Fishing CrewNew York TimesHONG KONG — North Korea has released a Chinese fishing boat and its crew, ending a dispute that threatened to exacerbate strains with China, according to Chinese news reports on Tuesday.Pyongyang Frees Chinese Fishermen; North Fires Two MissilesWall Street JournalChina asks for release […]
- China Trade Surplus Seen by BofA at One-Tenth Customs Figure - Bloomberg May 21, 2013China Trade Surplus Seen by BofA at One-Tenth Customs FigureBloombergChina's trade surplus is one-tenth the official $61 billion reported so far this year after accounting for fake transactions used to disguise hot-money inflows, Bank of America Corp. says. The true surplus is about $6 billion, according to Lu Ting ...South Australian wine exports club […]
- India and China Vow to Cooperate on Border - New York Times May 21, 2013Times of IndiaIndia and China Vow to Cooperate on BorderNew York TimesNEW DELHI — The leaders of India and China papered over their recent border spat on Monday with a friendly joint statement and an array of promises for economic and military cooperation, but they resolved none of their most vexing problems.China offers India a 'handshake across the Hi […]
- Obama schedules China summit, Africa trip - USA Today - USA TODAY May 20, 2013BBC NewsObama schedules China summit, Africa trip - USA TodayUSA TODAYPresident Obama is planning major diplomatic initiatives with China and Africa in the coming weeks, the White House announced Monday. Obama and new China President Xi Jinping will hold a summit June 7-8 in Southern California. The president and first ...Obama to meet with China's Xi i […]
- North Koreans holding Chinese boat for ransom - Washington Post May 20, 2013North Koreans holding Chinese boat for ransomWashington PostChinese officials, who value stability above all else, are unlikely to abandon North Korea anytime soon. But state-run newspapers in China have increasingly published stories questioning the upside of China's ties with Pyongyang. And earlier this month ... […]
- Hershey Keen for Piece of China - Wall Street Journal May 20, 2013Wall Street JournalHershey Keen for Piece of ChinaWall Street JournalIn a first launch beyond the U.S. market, Hershey is unveiling on Tuesday a candy known in English as the Lancaster and in Chinese as Yo-man. The Pennsylvania company plans to spend "several million dollars" marketing three kinds of the condensed-milk ...and more » […]
- In China, Weighing Economic and Political Freedoms - New York Times May 20, 2013New York TimesIn China, Weighing Economic and Political FreedomsNew York TimesAs discussed in last week's column, China's leadership is said to be making plans to unveil reforms at the next meeting of all members of the Central Committee of the Communist Party of China, likely to be held in October. Yet any policy changes may ...China's weak e […]
- Underground Lender Gets Death Sentence in China - New York Times May 20, 2013Underground Lender Gets Death Sentence in ChinaNew York TimesBEIJING — A businesswoman in southern China has been sentenced to death on charges of defrauding investors as the government tightens controls on informal financing that is widely used by entrepreneurs. The woman, Lin Haiyan, was convicted of ...and more » […]