News
China set to make telcos spy on users
China set to make telcos spy on users4:00 AM Wednesday Apr 28, 2010 The law would follow a spat over censorship that prompted search giant Google to move its Chinese site to Hong Kong last month. Photo / APBEIJING - China is poised to pass a law requiring telecommunications and internet companies to report any revelation of...
World Bank Raises Growth Expectation for East Asia
World Bank Raises Growth Expectations for East Asia Apr. 7 – The World Bank has sharply raised its forecast for economic growth in East Asia, the bank said in a semi-annual economic update published on Wednesday....
China visit raises hope of movement on undervalued yuan
China visit raises hopes of movement on undervalued yuan4:00 AM Friday Apr 9, 2010MUMBAI - US Treasury Secretary Timothy Geithner visited Beijing yesterday for talks with Chinese Vice-Premier Wang Qishan, in a sign that the two sides are moving toward settling a dispute over China's currency controls.Geithner is facing...
Bribery More Likely Among Overseas Chinese Staff
Bribery More Likely Among Overseas Chinese StaffOp/Ed Commentary: Chris Devonshire-EllisMar. 29 – In the aftermath of the ten-year jail sentence handed down to Rio Tinto’s Chinese staff for bribery, much has to be learnt from the pressures placed upon ethnic Chinese employees who are now nationals of other...
China Quake kills at least 400
Report: China quake kills at least 40012:33 AM Thursday Apr 15, 2010 Officials say the death toll from a strong earthquake in a western province has risen to at least 400, with more than 10,000 hurt.China Central Television said the toll from today's earthquake had risen as rescue workers struggled to dig trapped people out...
China - no housing bubble
The paragraphs below come courtesy of John Derrick, director of research of U.S. Global Investors.China’s housing market is hot, but it’s not a bubble on the verge of bursting, as many contend.Before we can discuss why it’s not a bubble, a little background on the Chinese housing market is needed.Prior to...
Court rules CSR may sell sugar division to China
Court rules CSR may sell sugar division to China 4:00 AM Saturday Apr 24, 2010 SYDNEY: CSR, Australia's second-largest building products maker, won court approval to spin-off its sugar unit as it considers a A$1.75 billion offer from China's Bright Food Group. The appeal...
Guangdong to Upgrade Processing Trade Cities
Guangdong to Upgrade Processing Trade CitiesApr. 20 – According to the Economic Development Outline of the Pearl River Delta (2008-2020), the government of Guangdong has announced its intention to accelerate the upgrading of processing trade cities.Given the high volume of processing trade businesses in Guangzhou,...
Chinese Eye Southern Dairy Farms
Chinese eye southern dairy farms4:45 PM Wednesday Apr 14, 2010The Chinese-backed buyer planning to invest $1.5 billion in New Zealand's dairy industry is understood to be investigating the purchase of up to 100 farms in the lower South Island.Natural Dairy (NZ) has interest from the owners of farms in Otago and Southland and...
NZ too reliant on Aussies "China effect" Economist
NZ too reliant on Aussies' 'China effect': economist By Tamsyn Parker 4:00 AM Monday Mar 29, 2010 New Zealand is too reliant on Australia continuing to grow wealthier based on demand from China, a global economist has warned. London-based Andrew Hunt, who visited New Zealand last...
China passes US as NZ's number 2 market
China passes US as NZ's No 2 market 4:00 AM Saturday Mar 27, 2010 China overtook the United States as New Zealand's second-largest export market last month on higher demand for milk powder, wood and wool. Shipments to China surged 37 per cent to $3.76 billion in the year ended February 28, Statistics New...
10 Years for Rio Tinto Spy
Ten years jail for Rio Tinto China spy 4:00 AM Tuesday Mar 30, 2010 SHANGHAI - Stern Hu, the Australian executive who headed Rio Tinto's iron ore business in China, was sentenced by a court in Shanghai last night to 10 years' jail after being found guilty of taking bribes and infringing commercial secrets. Hu...