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Headlines on latest China news, China business

Monday, September 26, 2011»

New York Times China: Officers Suspended in Sex Slave Case

9/26/2011 1:09:04 AM GMT
Four police officers have been suspended because of negligence in the case of a former firefighter who raped and imprisoned six women, according to an article in China Daily.

New York Times 2 Tibetan Monks Set Themselves on Fire to Protest Chinese Policy

9/26/2011 1:09:04 AM GMT
Two young Tibetan monks set themselves on fire Monday at an embattled monastery in western China to protest Chinese policies in the area, according to a Tibet advocacy group.

AP China rejects Dalai Lama on succession plans

9/26/2011 1:01:00 AM GMT
China says the Dalai Lama does not have the right to decide who will take over from him when he dies. It says Beijing will decide who will be the next Dalai Lama.

AFP Successor chosen by Dalai Lama 'illegal': China

9/26/2011 12:07:00 AM GMT
China said Monday that any successor chosen by the Dalai Lama would be "illegal" after the Tibetan spiritual leader announced that he, and not Beijing, would decide whether he should be reincarnated.

AFP China's richest man 'may join central committee'

9/26/2011 12:07:00 AM GMT
China's richest man could become the first private business owner to join the Communist Party's powerful central committee, state media reported Monday.

Guardian Chinese arrest South Korean journalists

9/26/2011 GMT
The Chinese authorities are holding a group of journalists from a South Korean daily newspaper, JoongAng Ilbo, on suspicion of spying.

Sunday, September 25, 2011»

AFP China searches for next Yao Ming

9/25/2011 11:09:03 PM GMT
Washington Wizard forward Yi Jianlian has emerged as China's main man in the post-Yao Ming era, leading his country to a 15th Asian championship with a series of formidable performances.

AP China top banker says fighting inflation priority

9/25/2011 11:09:03 PM GMT
China's central bank governor says Beijing will keep its policies focused on keeping inflation in check, while hoping to see European economies act to resolve their debt crisis.

Bloomberg Yuan Falls Most in Four Months on Concern Debt Crisis in Europe May Worsen

9/25/2011 7:45:05 PM GMT
China’s yuan dropped the most in four months as concern Europe’s debt crisis will worsen curbed demand for emerging-market assets.

Bloomberg PCCW Says Planned Telecommunications Trust Spinoff May Raise $1.3 Billion

9/25/2011 6:52:02 PM GMT
PCCW Ltd., Hong Kong’s biggest phone company, said it may raise more than HK$10 billion ($1.3 billion) from the proposed listing of its telecommunications business trust to repay debt and fund investments.

Bloomberg China Stocks Fall to Lowest Since July 2010 as Zhou Fans Inflation Concern

9/25/2011 6:10:01 PM GMT
China’s stocks fell, dragging the benchmark index to the lowest level in more than 14 months, as comments from the central bank governor that inflation remained the nation’s “top concern” fanned speculation policies to curb rising prices will slow economic growth.

Bloomberg Ford Motor May Build Electric Cars in China With Partner, CEO Mulally Says

9/25/2011 5:28:02 PM GMT
Ford Motor Co. may make electric cars with its partner in China as the auto industry moves toward producing more fuel-efficient vehicles, Chief Executive Officer Alan Mulally said.

Bloomberg Asian Central Banks Signal Rate Rises Off Table as Europe Crisis Deepens

9/25/2011 4:41:00 PM GMT
Central bankers from three Southeast Asian nations signaled that global financial-market turmoil will diminish inflation pressures in their economies, making interest-rate increases unlikely in coming months.

Bloomberg PCCW Says Spinoff of Its Telecom Assets Into Trust May Raise $1.3 Billion

9/25/2011 3:22:05 PM GMT
PCCW Ltd., Hong Kong’s biggest phone company, said it may raise more than HK$10 billion ($1.3 billion) from the proposed listing of its telecommunications business trust to repay debt and fund investments.

Guardian Chinese villagers get inquiry after protests over developer 'land grabs'

9/25/2011 3:03:04 PM GMT
Officials promised an investigation into land sales to defuse days of large, sometimes violent protests by villagers in southern China who say they are being pushed off farmland for property development, state media and local villagers said on Sunday.