Articles and More!: Chinese

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Thursday, March 20, 2014

Chinese Stocks Enter Bear Market Following 2 More Defaults Overnight

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Chinese Stocks Enter Bear Market Following 2 More Defaults Overnight

Sunday, March 16, 2014

Chinese e-commerce giant Alibaba set for US IPO

By Kelvin Chan, AP
March 17, 2014, 12:04 am TWN

HONG KONG–Chinese e-commerce giant Alibaba Group said Sunday that it will go public on a U.S. stock exchange in a move analysts say might raise up to US$ 15 billion in the year’s biggest initial public offering.

The announcement confirming plans for a U.S. offering ended months of speculation over where the company would list its shares after talks for a Hong Kong stock sale fell apart last year.

Alibaba is one of the world’s biggest Internet companies and says more than US$ 150 billion worth of merchandise changes hands on its online platforms each year, more than Amazon and eBay combined.

The company began as a service to link Chinese suppliers with retailers abroad and has branched out into retail e-commerce. It is little known abroad but has launched two consumer-oriented services in the United States.

“Alibaba Group has decided to commence the process of an initial public offering in the United States,” the company said in a statement. “This will make us a more global company and enhance the company’s transparency, as well as allow the company to continue to pursue our long-term vision and ideals.”

It gave no details of the timing or size of the initial public offering or on which exchange it would take place.

Analysts have estimated that an Alibaba IPO could raise up to US$ 15 billion and value the company at more than US$ 100 billion.

Hangzhou, China-based Alibaba had previously abandoned plans for an IPO in Hong Kong because the semiautonomous Chinese financial center’s stock exchange refused to change its rules to accommodate the company’s unusual management structure.

The company failed to persuade the Hong Kong exchange to grant it an exception from listing rules so that it could maintain a “partnership” structure that lets top executives, who own 10 percent of the company, retain control of the board.

The company hinted that the door has not completely shut on listing its stock in Hong Kong.

“Should circumstances permit in the future, we will be constructive toward extending our public status in the China capital market in order to share our growth with the people of China,” the statement said.

Alibaba is one of a number of Chinese internet heavyweights planning to cash in with IPOs amid rapid growth. The announcement comes two days after Chinese internet company Sina Corp.’s Weibo microblog unit filed plans for a potential U.S. IPO. Weibo, China’s equivalent of Twitter, indicates it plans to raise US$ 500 million. Another Chinese online retailing giant, JD.com, filed in January for a U.S. stock listing.

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Chinese e-commerce giant Alibaba set for US IPO

Sunday, March 9, 2014

Japan Scrambles Jets In Response To Chinese Military Planes

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Japan Scrambles Jets In Response To Chinese Military Planes

Just in case the world did not have enough potential geopolitical flashpoints and near-crises, here comes old faithful – the simmering nationalist rivalry between China and Japan, which may have been pushed to the backburner in light of the grand return of Cold War 2.0, but is neither forgotten nor resolved. In fact, recent developments which have seen Japan fully back the US strategy in Ukraine while China has voiced its support for Russia, will probably only enflame the direct tension between the two Asian superpowers. Moments ago we got the latest manifestation of precisely this when Japan scrambled military jets on Sunday to counter three Chinese military planes that flew near Japanese airspace, defence officials said.

From SCMP:

One Y-8 information gathering plane and two H-6 bombers flew over the East China Sea, travelling in international airspace between southern Japanese islands and went to the Pacific Ocean before returning towards China on the same route on Sunday morning, according to a spokesman at the Joint Staff of the Ministry of Defence.

“They flow above public seas, and there was no violation of our airspace,” he said, declining to release more details about the incident.

Japan and China are locked in a bitter territorial row over islands in the East China Sea administered by Japan as the Senkaku Islands, but which China calls the Diaoyu Islands.

Chinese government ships and planes have been seen off the disputed islands numerous times since Japan nationalised them in September 2012, sometimes within the 12 nautical-mile territorial zone.

And then there was the curious case of Libya which threatened on Saturday to bomb a North Korean-flagged tanker if it tried to ship oil from a rebel-controlled port, in a major escalation of a standoff over the country’s petroleum wealth. Because obviously the Mediterranean is far too boring with Greece and Italy now fixed.

BlackListedNews.com

Japan Scrambles Jets In Response To Chinese Military Planes

Friday, March 7, 2014

Google"s Schmidt: We were attacked by the Chinese and the NSA

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Google"s Schmidt: We were attacked by the Chinese and the NSA

Saturday, March 1, 2014

At least 28 die in "terrorist" attack at Chinese train station

BEIJING (Reuters) – At least 28 people were killed by knife-wielding attackers in a “violent terrorist attack” at a train station in the southwestern Chinese city of Kunming, and police shot dead five of the assailants, state media said on Sunday.

Reuters: Top News

At least 28 die in "terrorist" attack at Chinese train station

Chinese police bust four major baby trafficking rings

Rescue 382 abducted infants, arrest nearly 2,000 suspects

Lizzie Parry
Daily Mail.co.uk
March 1, 2014

Hundreds of babies have been rescued by police in China after a crackdown was launched on trafficking infants.

The nationwide bust saw 1,094 people arrested as officers acted on information relating to four major internet-based baby trafficking rings.

China’s Public Security Ministry said 382 babies were rescued after four websites were found to be selling children under the guise of adoption.

This article was posted: Saturday, March 1, 2014 at 1:36 pm

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Chinese police bust four major baby trafficking rings

Saturday, February 15, 2014

Chinese film "Black Coal, Thin Ice" wins Berlinale"s Golden Bear

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Chinese film "Black Coal, Thin Ice" wins Berlinale"s Golden Bear

Friday, January 31, 2014

Chinese prefer buying German, British firms

BERLIN — Germany and Britain are by far the most popular investment destinations of Chinese investors, a study showed on Friday.

According to the study of the economic consultancy Ernst & Young published Friday in Dusseldorf, Chinese investors have made 25 acquisitions in 2013 in Germany and Britain respectively.

Overall, buyers from the Chinese mainland and Hong Kong have taken over 120 companies and shareholdings in Europe in the past year, said the study.

According to the study, the interest of Chinese companies in Europe has increased significantly over the past 10 years, as the number of transactions has more than tripled.

In 2004, only 34 investments from China in Europe were counted, whereas, the number with 119 acquisitions in 2012 is almost as high as in 2013.

The study also said that Chinese investors has preferences for certain industries in Europe.

Buyers from China are particularly interested in consumer goods industry with 21 percent in 2013, while the automotive industry accounts for 13 perecnt.

They also made investments in the areas like real estate industry with 10 percent and 8 percent in energy supply, 7 percent in trade and technology, 6 percent in financial industry and 5 percent in metal processing as well as transport and logistics.

In other industries, Chinese investors carried out a total of 24 acquisitions in Europe.

Chinese investors are interested in Germany primarily for industrial companies, in particular for machine manufacturers and automotive suppliers.

China is the second largest non-European investor in Germany after the United States, and came in sixth place of foreign investors in Germany after the United States, Britain, Switzerland,France and Austria, the study said.

Chinese prefer buying German, British firms

Sunday, December 29, 2013

Chinese PM Li Keqiang pledges "appropriate liquidity" in 2014

Chinese Premier Li Keqiang gives an address during a news conference with French Prime Minister Jean-Marc Ayrault (not pictured) in the Great Hall of the People in Beijing December 6, 2013.

Credit: Reuters/Mark Ralston/Pool

Reuters: Top News

Chinese PM Li Keqiang pledges "appropriate liquidity" in 2014

Wednesday, December 25, 2013

The Chinese cosmetic surgery boom: Make me look Western

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The Chinese cosmetic surgery boom: Make me look Western

Friday, November 29, 2013

Chinese jets shadowed US and Japanese planes in new air defense zone

RT
November 29, 2013

Chinese fighter jets were scrambled and followed US and Japanese planes that had entered the newly-proclaimed Chinese air defense zone in the disputed area of the East China Sea, Xinhua reports.

The Chengdu J-10 was designed to be a multi-role, all-weather aircraft. Credit: Retxham via Flickr

Two US surveillance aircraft and 10 Japanese F-15 jets were ‘tailed’ by Chinese pilots on Friday.

China ordered an urgent dispatch of its Su-30 and J-10 fighter jets to an area in the East China Sea after the foreign aircraft “invaded” the air defense zone, they said.

The reported intrusions came in defiance of the East China Sea Air Defense Identification Zone (ADIZ), established by Beijing last week.

China’s move has triggered outrage from several states in the region and critical rhetoric from the US, as the vast zone covers disputed areas, including the islets claimed by both China and Japan.

Earlier on Thursday, the Chinese Air Force conducted its first air patrol flights over the zone, as Japan and South Korea sent their own military aircraft into the zone’s airspace in an act of defiance.

China has stressed its decision to enforce the airspace identification zone – which requires all aircraft flying over or near it to identify themselves – follows common international practices and “is a necessary measure in China’s exercise of self-defense rights.”

No international flights will be affected by the setup of the zone, Chinese Air Force spokesman, Shen Jinke, told Xinhua.

Japan and its US ally blasted the decision as “unacceptable” and rejected the “unilateral” declaration, saying it would create dangerous tension. However, Chinese officials gave a reminder that both countries have long had their own ADIZ, and that the Japanese never discussed theirs with their neighbor.

“If they want it revoked, then we would ask that Japan first revoke its own air defense identification zone and China will reconsider it after 44 years,” China’s Defense Ministry spokesman, Yang Yujun, said in a statement posted on the ministry’s website on Thursday.

While possible action against the zone’s infiltrators has been vaguely defined as “defensive emergency measures,” The Global Times, a Chinese state media newspaper, on Friday called for “timely countermeasures without hesitation,” should Tokyo violate the new ADIZ.

At the same time, the paper suggested China could ignore violations by some other states, including the US. Two US military B-52 bombers flew over the area on Monday without prior notice, with a Pentagon spokesman telling Reuters we “have continued to follow our normal procedures.”

This article was posted: Friday, November 29, 2013 at 2:34 pm

Tags: domestic news, foreign affairs, war

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Chinese jets shadowed US and Japanese planes in new air defense zone

Chinese jets shadowed US and Japanese planes in new air defense zone
http://isbigbrotherwatchingyou.com/wp-content/uploads/2013/11/01fea__national_security_agency__112913j10.jpg

RT
November 29, 2013

Chinese fighter jets were scrambled and followed US and Japanese planes that had entered the newly-proclaimed Chinese air defense zone in the disputed area of the East China Sea, Xinhua reports.

The Chengdu J-10 was designed to be a multi-role, all-weather aircraft. Credit: Retxham via Flickr

Two US surveillance aircraft and 10 Japanese F-15 jets were ‘tailed’ by Chinese pilots on Friday.

China ordered an urgent dispatch of its Su-30 and J-10 fighter jets to an area in the East China Sea after the foreign aircraft “invaded” the air defense zone, they said.

The reported intrusions came in defiance of the East China Sea Air Defense Identification Zone (ADIZ), established by Beijing last week.

China’s move has triggered outrage from several states in the region and critical rhetoric from the US, as the vast zone covers disputed areas, including the islets claimed by both China and Japan.

No international flights will be affected by the setup of the zone, Chinese Air Force spokesman, Shen Jinke, told Xinhua.

This article was posted: Friday, November 29, 2013 at 2:34 pm

Tags: domestic news, foreign affairs, war

Print this page.

Infowars

Read more about Chinese jets shadowed US and Japanese planes in new air defense zone and other interesting subjects concerning NSA at TheDailyNewsReport.com

Chinese Welcome "Two-Child" Policy, But Can They Afford It?

Enlarge image i

A man and child walk in Beijing’s Tiananmen Square on Nov. 17. China’s government recently announced an easing of the country’s one-child policy. While the move appears to be broadly supported, many Chinese parents say it would be hard to afford a second child.

Ed Jones/AFP/Getty Images

A man and child walk in Beijing

Ed Jones/AFP/Getty Images

Many Chinese are pleased with the recent announcement that their government will further loosen the country’s one-child policy. Some couples there are already allowed to have two children, while others say that even if they permitted to have another kid, they can’t afford it.

A young, professional couple surnamed Gao and Deng went to a government office in Shanghai earlier this month to apply for a marriage license.

Waiting on a metal bench, Gao, the 30-year-old groom-to-be, said he was glad more couples will be able to have a second child.

“I think for people like us who were born after 1980s, this is a very good policy change,” said Gao. “Now, if families are financially capable and conditions allow, they should totally have two children.”

Deng, the bride-to-be, who wore a long pink dress, said the couple hopes to have two children.

“They can help each other and grow up together,” she said. “When we get older, they can take care of each other.”

In fact, Deng and Gao are already permitted to have two children.

A Steady Policy Evolution

More than a decade ago, the government began allowing couples to have two kids if both parents were only-children. It’s a reminder that China has been easing its one-child policy over the years.

Officials took a further step in that direction this month, announcing that if just one parent is an only child, a couple can have a second child as well.

That’s incremental change, but many see it as progress after years of lobbying.

Wang Feng, a leading demographer in China and a sociologist at the University of California, Irvine, has spent more than a decade urging Chinese officials to change the one-child policy. Until relatively recently, he says, the topic was too sensitive for public discussion.

The children of wealthy Chinese attend classes designed to teach them how to do things like raise money for charity. The parents pay up to $ 10,000 a year to send their kids to weekend classes.

Parallels

Children Of China’s Wealthy Learn Expensive Lessons

Parallels

Ethical Tradition Meets Economics In An Aging China

“Three years ago, I was turned away from a television studio minutes before they were going to discuss this in their evening program, because of orders from the state news control organization,” says Wang from his office at Shanghai’s Fudan University.

Wang credits this month’s policy change to a new, more confident group of Chinese leaders who took office earlier this year. He says they seem to recognize the policy has created big demographic problems in China, including a rapidly aging society and a shrinking labor force.

People wait in line at a counter for medical services at the Guanganmen Chinese medicine hospital in Beijing.

Parallels

In Violent Hospitals, China’s Doctors Can Become Patients

The policy is also very unpopular among ordinary Chinese. It has lead to abductions of would-be mothers, forced abortions and cost Chinese parents more than $ 4 billion in fines last year alone.

“This is an important gesture,” says Wang. “The government is getting out of our bedroom and, also, the government is finally reacting to the decade-long appeal from all different ranks in society to phase out an obviously outdated policy.”

Estimates vary, but Wang thinks the policy change will only apply to about 10 million couples – small by Chinese standards — and most of them, he thinks, are unlikely to have a second child.

Some are simply too old. For others, raising another kid is just too expensive.

Yu Juxiang, a retired maid, is chasing her 2-year-old grandson around a Shanghai Toy-R-Us. Yu would like to have another grandchild, even though this one is handful, but she says the extended family just can’t afford it.

“It’s hard enough to raise one child,” she says. “He’s still little, every month we spend $ 600 to $ 800 on him: baby formula, diapers, nutritional powder, fruits and so on. It’s a lot of expense.”

Yu’s son drives a taxicab and makes at most $ 820 a month in a city where home prices, already crushing, have jumped more than 20 percent since October last year.

According to Chinese custom, men must buy a home before they can marry.
Yu wonders how her grandson will afford it.

“When he grows up, he will have to find a wife, buy an apartment and a car,” Yu says. “For boys, these things are non-negotiable. If you don’t have money, you will need to borrow from other people in order to buy a home. The thought of buying a home really gives me a headache.”

Provincial officials will roll out the new policy over time. Wang Feng, the demographer, expects it will result in just another 1 million to 2 million babies annually over the next several years.

News

Chinese Welcome "Two-Child" Policy, But Can They Afford It?

Friday, November 8, 2013

Barbie Goes Brainy for Chinese Market

Tuesday, October 15, 2013

NSA, Stripper poles, and the Chinese government opens your mail

NSA, Stripper poles, and the Chinese government opens your mail
http://img.youtube.com/vi/xji-ZC_-9t0/0.jpg

Wednesday, October 2, 2013

Brownback complains about Chinese spying

Sunday, September 15, 2013

Chinese Man Turns Green After Eating Too Many River Snails

green I imagine that there are people who will now do this intentionally. AsiaOne reports:

A 24-year-old man was hospitalised in Guizhou province, China, after he ate too many river snails too frequently and turned green as a result.

The Chinese Center for Disease Control reportedly confirmed that he was infected by parasitic flatworms that live in animal livers. The parasite apparently entered his body because he was eating river snails on a daily basis.

He began complaining of a sharp abdominal pain about two months ago, but did not seek medical attention until he started exhibiting some very strange symptoms. His skin and the whites of his eyes started to turn green.

Doctors finally removed four common liver fluke (fasciola hepatica) from his common bile duct. Doctors said that the four parasites were each about 10mm long.

The post Chinese Man Turns Green After Eating Too Many River Snails appeared first on disinformation.

disinformation

Chinese Man Turns Green After Eating Too Many River Snails

Saturday, August 31, 2013

Wayne Madsen: Google/NSA Connection Threatens Chinese Cyber-Security

Monday, August 19, 2013

Hagel holds first Pentagon talks with Chinese

Defense Secretary Chuck Hagel speaks during a news conference at the Pentagon, Wednesday, July 31, 2013. Hagel warned that the Pentagon may have to mothball up to three Navy aircraft carriers and order more sharp reductions in the size of the Army and Marine Corps if Congress does not act to avoid massive budget cuts beginning in 2014. (AP Photo/Evan Vucci)

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WASHINGTON (AP) â€” In his first Pentagon meeting with his Chinese counterpart, Defense Secretary Chuck Hagel faces a familiar agenda marked with tensions over U.S. missile defenses, Chinese cyberattacks and other issues.

But if the talks follow form, they will be wrapped in public expressions of goodwill and pledges of cooperation.

Gen. Chang Wanquan, the Chinese defense chief, is at the Pentagon for a series of meetings with Hagel.

Hagel is presiding over a Pentagon making a deliberate pivot to Asia after more than a decade of wars in the greater Middle East, and improving ties with China is at the heart of the Obama administration’s Asia strategy.

“While the U.S. and China will have our differences – on human rights, Syria and regional security issues in Asia – the key is for these differences to be addressed on the basis of a continuous and respectful dialogue. It also requires building trust and reducing the risk of miscalculation, particularly between our militaries,” Hagel said in a speech at an Asian security conference in Singapore on June 1.

Among the positive signs cited by U.S. officials are U.S.-China naval cooperation in anti-piracy exercises and China’s acceptance of a U.S. invitation to participate in next year’s Rim of the Pacific military exercise, the region’s largest naval exercise. Hagel has accepted China’s invitation to visit Beijing next year.

Defense officials attribute the current upswing in U.S.-China military relations in part to the U.S. and Chinese presidents’ summit in California in June, which was an attempt to set a positive tone despite Washington’s growing anxiety about Chinese cybertheft. Chinese officials have dubbed the summit a new starting point for relations.

But there was no accord on cybersecurity during that summit. Obama confronted Xi Jinping with specific evidence of intellectual property theft the U.S. says is emanating from China. Xi said China was also a victim of cyberattacks but did not publicly acknowledge his own country’s alleged activities.

The topic is likely to be high on the agenda for Monday’s Pentagon meetings.

Chang spent Friday in Hawaii for talks at U.S. Pacific Command and was at U.S. Northern Command in Colorado over the weekend.

A Northern Command spokesman, Navy Capt. Jeff Davis, said the visit was a chance for Chang and Gen. Chuck Jacoby, the commander of Northern Command and the North American Aerospace Command, “to share views on how the military provides support to civil authorities during man-made or natural disasters.”

Also of U.S. concern are disputes between China and several other Asia nations, including the Philippines, Malaysia and Vietnam, over South China Sea territorial boundaries and resources.

Another source of tension is China’s handling of National Security Agency leaker Edward Snowden. During high-level U.S.-China talks in Washington in July, Deputy Secretary of State William Burns said the U.S. was very disappointed that Beijing and semi-autonomous Hong Kong refused to extradite Snowden before he flew to Russia.

Associated Press

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Hagel holds first Pentagon talks with Chinese