Category: China

Plastic’ seaweed? Chinese producers lose millions over rumours

Video clip went viral on the internet in China falsely claiming some of the produce sold in Fujian province was artificial, newspaper reports Seaweed producers in southeast China say they have lost hundreds of millions of yuan in two weeks after a video went viral on the internet alleging that some of their produce was made of plastic, according to Chinese media reports. In the two-minute clip that was widely circulated on social media, a woman questioned whether the seaweed collected by one producer in Jinjiang in Fujian province was real.

Tribute Portfolio debuts in China.

Tribute Portfolio announced its debut in China with the addition of The Yuluxe Sheshan, A Tribute Portfolio Hotel, Shanghai; the hotel is owned by Shimao Property Holdings and joins Tribute Portfolio’s collection of exceptional hotels around the globe, spanning from Palm Springs to Paris, and from Miami to Mendoza. In almost two years, Tribute Portfolio has opened 19 hotels with 14 on the horizon, including The Honghe Nativeland Mile in Yunnan, China.

Man drives ride-hail car in search for daughter

CHENGDU: A driver, whose daughter went missing 23 years ago, has accepted 4,839 orders from a car-hailing platform in the hope of finding his daughter among his passengers. Though his efforts haven’t yielded any results yet, many of his passengers have been moved by his efforts and have helped him by turning every short run into a marathon of spreading the message.

Exclusive: China’s XCMG, Brazil’s OAS in joint venture talks, source says

Chinese heavy machinery maker Xuzhou Construction Machinery Group Co Ltd [XCMGP.UL] is in talks with Brazilian engineering firm OAS SA [OAEP.UL] to form a joint venture for construction in Africa and Latin America, a person with direct knowledge of the matter said on Friday. According to the person, who was briefed on the talks, the firm commonly known as XCMG would contribute capital, equipment and financing to the venture.

Ten photos from across China: Feb 17 – ” 23

Hollywood actor Lee Pace spends time with pandas at the Chengdu Research Base of Giant Panda Breeding in Sichuan on Tuesday. Pace was named a panda ambassador in Chengdu and said he would work to draw attention to pandas and their living environment. [Photo/China Daily]

Call of love: Couple entrepreneurs

As the government rolls out more incentives to encourage mass entrepreneurship, more are responding to the call with actions. While some have started their business on their own, others have partnered with their loved ones.

US resumes its provocative actions in sea

Missile destroyers Changsha and Haikou, part of the Chinese Navy’s Nanhai Fleet, fire at simulated enemy destroyers during a counter-attack drill in the South China Sea on Feb 19, 2017. [Photo/Xinhua] The USS Carl Vinson Nimitz-class carrier strike group has begun patrolling the South China Sea, proving the speculation over the past few days was true.

Old and new economic drivers

Technical workers assemble engines at a Geely Automobile Holdings Ltd plant in Yiwu, Zhejiang province.[Photo provided for China Daily] At a recent news conference, Minister of Industry and Information Technology Miao Wei said the key to converting the old driving forces for economic development into new ones lies in properly handling the relationship between developing emerging industries and the transformation and upgrading of traditional ones. Since the concept of new economic driving forces was created, almost all local governments in China have equated it with emerging industries and viewed them as the only source of fresh impetus for economic development.

DC panda fans bam-boo-hoo as US-born cub leaves for China

The zoo is packing up the American-born panda for a one-way flight Tuesday to China, where the 3-year-old will eventually join a panda breeding program. Bao Bao is scheduled to leave the zoo Tuesday morning and fly from Washington Dulles International Airport in Virginia to Chengdu, China, on Tuesday afternoon.

Global Instrument Transformer Market- Pfiffner, Siemens, Sieyuan, Taikai Instrument, Tbea-Koncar

Global Instrument Transformer Market by Application, Type, Manufacturers, and Regions, Forecast up to 2021 Instrument Transformer Market Report Details: This report covers Instrument Transformer in global market, mainly report includes North America Instrument Transformer market, Europe Instrument Transformer market, Asia-Pacific Instrument Transformer market, Latin America Instrument Transformer market, also covers Middle as well as Africa Instrument Transformer market. This report divide Instrument Transformer market based on manufacturers, type, application and Instrument Transformer market regions.

Chinese Game Site Said to Seek Funds at $1.2 Billion Valuation

Douyu, the live-streaming service backed by Tencent Holdings Ltd. that’s been compared to Amazon’s Twitch, is in talks to raise a billion yuan in funds at a valuation of about $1.2 billion, according to a person familiar with the matter. The three-year-old company, whose name means “fighting fish,” needs capital to expand beyond games-streaming and fend off rivals, the person said, asking not to be named discussing a private deal.

Beijing likely to steer clear of Kim killing

Wading into the killing of Kim Jong-nam would only antagonise North Korea, at a time when its missile programme is the leading concern, experts say Beijing will maintain its distance from the murky saga of the murder of the estranged elder brother of North Korean leader Kim Jong-un, in a bid to avoid further complicating its relations with its volatile neighbour, diplomatic sources and Chinese observers said. It is not known whether the head of the reclusive state was involved in the killing of Kim Jong-nam, but even if the younger Kim was linked to the death, Beijing was expected to stay silent as any accusations would only drive Pyongyang further into isolation.

UN chief urges more development in conflicts prevention

UN Secretary-General Antonio Guterres emphasized the importance of development in conflicts prevention during his speech at the 53rd Munich Security Conference on Saturday. He said countries, institutions and civil societies should be made stronger and more resilient, so that the tendency of being involved in conflicts can be diminished.

China closes live poultry markets amid deadly flu outbreak

In this Oct. 9, 2016 photo, a butcher carries slaughtered chickens in a poultry market in Fuyang in central China’s Anhui province. Chinese state media reported Friday, Feb. 17, 2017 that the National Health and Family Planning Commission is ordering the closure of live poultry markets in China’s south-central regions as it grapples with the worst outbreak of bird flu in years.

Chinese fossil – rewrites history of reproduction’

First evidence found that group of animals that includes dinosaurs and birds also gave live birth to babies rather than only laying eggs A fossil found in China has provided the first evidence that a group of animals that includes dinosaurs, birds and crocodiles also gave live birth to babies rather than only laying eggs to produce offspring. The remains of a baby were found inside the fossil of a marine reptile called a Dinocephalosaurus discovered about 100km from Kunming in Yunnan province in southwest China.

Chinese fossil – rewrites history of reproduction’

First evidence found that group of animals that includes dinosaurs and birds also gave live birth to babies rather than only laying eggs A fossil found in China has provided the first evidence that a group of animals that includes dinosaurs, birds and crocodiles also gave live birth to babies rather than only laying eggs to produce offspring. The remains of a baby were found inside the fossil of a marine reptile called a Dinocephalosaurus discovered about 100km from Kunming in Yunnan province in southwest China.

Trump toilets, condoms could be flushed after his China win

President Donald Trump’s triumph in the fight to wrest back his brand for construction services in China could spell the end of more than 225 Trump-related marks here that don’t belong to him, including Trump toilets, Trump condoms, Trump pacemakers and even a “Trump International Hotel.” After a decade of grinding battle in China’s courts, an official finding in Trump’s favor expected this week could signal a shift in fortune for the U.S. president’s intellectual property.

Experts urge expansion of legal aid to cover all defendants

Chen Man stands with his lawyer, Wang Wanqiong, following the quashing of his conviction for murder in February last year. [PROVIDED TO CHINA DAILY] Lawyers and legal experts are calling on the government to expand the provision of legal aid to a larger number of defendants and provide better funding to encourage more lawyers to accept criminal defense cases.

Yingli Green Energy Holding Company Limited (YGE) Stock Rating Upgraded by Zacks Investment Research

According to Zacks, “Yingli Green Energy Holding Company Limited is a leading vertically integrated manufacturer of photovoltaic products in China. Yingli was incorporated in the Cayman Islands in August and operates through its principal operating subsidiary, Baoding Tianwei Yingli New Energy Resources Co., Ltd. or Tianwei Yingli, based in Baoding, Hebei Province, eighty five kilometers south of Beijing.

China Finance Online’s Yinglibao Wins 2016 Leading FinTech Companies Award

Limited , a leading web-based financial services company that provides Chinese retail investors with online access to securities and commodities trading services, wealth management products, investment advisory services, as well as financial database and analytics services to institutional customers, today announced that its online financial platform, Yinglibao has won the “2016 Annual Leading FinTech Companies” award at the 10th China Times Annual Financial Firm Award Ceremony. In addition, China Finance Online’s flagship brand name “JRJ” recently also won the “2016 Asiabrand Top 50 Beijing Internet Brands” award.

China wins first men’s judo gold at Grand Slam

China’s judoka Cheng Xunzhao won gold in the men’s 90-kg category at the Paris Grand Slam here on Sunday, for the country’s first grand slam gold in men’s judo. Cheng, who was unseeded and unheralded going into the Games, had a Qingdao Grand Prix gold medal from 2012 prior to Rio 2016.

China IPOs set to hit $44 bn

The amount of China’s initial public offerings is expected to total 300 billion yuan in 2017 – double that of last year – as a result of several official initiatives supporting them, analysts said. That projected figure compares with the total amount of 150.4 billion yuan last year, according to accounting firm PwC.

Siberian tigers seen in NE China

Siberian tigers rest at a Siberian tiger park in Harbin, capital of northeast China’s Heilongjiang Province, Feb. 10, 2017. Siberian tigers here have gained more weight than they are in summer due to increased food supply. (Xinhua/Wang Jianwei)

Vasco name ex-Brazil striker Fabiano in squad

Vasco da Gama on Friday revealed they are close to signing Luis Fabiano by registering the former Brazil international striker in their squad for the Rio de Janeiro state championship. But his availability hinges on whether he is able to rescind his contract with Tianjin Quanjian, according to the Globo newspaper.

So what is the “One China” policy?

The countries fell out over Trump’s questioning of the “One China” policy, which has governed the Chinese relationship with Taiwan for 37 years. What is the ‘One China’ policy? The countries fell out over Trump’s questioning of the “One China” policy, which has governed the Chinese relationship with Taiwan for 37 years.