State media cite a senior Chinese official as saying China and the Philippines have agreed on $3.7 billion worth of projects to boost cooperation. The official Xinhua News Agency cited Commerce Minister Gao Hucheng as saying after a Monday meeting with a Cabinet delegation from the Philippines that the projects are aimed at “improving people’s living standards.”
Category: China
China, Philippines to roll out $3.7B in cooperation projects
State media cite a senior Chinese official as saying China and the Philippines have agreed on $3.7 billion worth of projects to boost cooperation. The official Xinhua News Agency cited Commerce Minister Gao Hucheng as saying after a Monday meeting with a Cabinet delegation from the Philippines that the projects are aimed at “improving people’s living standards.”
Recent developments surrounding the South China Sea
A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple disputes over islands, coral reefs and lagoons in waters crucial for global commerce and rich in fish and potential oil and gas reserves: EDITOR’S NOTE: This is a weekly look at the latest developments in the South China Sea, home to several territorial conflicts that have raised tensions in the region. China is not happy with Japanese Prime Minister Shinzo Abe’s high-profile visits to the Philippines, Australia, Indonesia and Vietnam over concerns that he may be trying to pull the rug out from under Beijing’s efforts to pacify its neighbors in and around the South China Sea.
Interview: Belgium’s mayor praises China’s success of opening policy
Richard Fournaux, Belgium’s mayor of Dinant, a city 90 km to the south of the capital Brussels, spoke highly of China’s opening-up policy and congratulated China on its efforts made in dealing with environmental challenges. “It’s so exceptional to see how such a large country with a large population has been managed with so many success, by not only keeping your own political characteristics but also by turning your country toward modernity and the opening to the world,” Fournaux told Xinhua in an interview on Friday.
China sets up $14.6-B internet investment fund: Xinhua
China has set up a 100 billion yuan fund to support investment in the internet sector, said official news agency Xinhua on Sunday. The fund, backed by China’s cabinet, is designed to help turn China into a major player in internet technology, said the report.
Chemical giant eyes bigger presence in China
The Dow Chemical Co. says it will continue to make investment in China, eyeing business opportunities emerging from the country’s ongoing economic transformation.
FBI employee gets jail time for acting as Chinese agent
Kun Shan Chun, also known as Joey Chun, was also ordered by U.S. District Judge Victor Marrero in Manhattan to pay $10,000 after pleading guilty in August to having illegally acted as an agent of a foreign government. Chun, a U.S. citizen who was born in China, was arrested in March in connection with what prosecutors called a duplicitous betrayal of the Prosecutors said that beginning in 2005, Chinese individuals claiming to be affiliated with a China-based printer products manufacturer called Zhuhai Kolion Technology Company Ltd solicited an investment from one of Chun’s parents.
SIM, IMEI Amount & SAM
Demand for Apple’s bigger, more expensive iPhone 7 Plus smartphones is great – but supply/demand balance may well not happen this quarter. Armed with several iPhones and a higher speed training video camera with the capacity of saving at up to 15,000 fps, we hoped to find out just what kind of impact causes broken glass with an iPhone.
Beijing To Spend $2.7 Billion On Cleaning Capital’s Air
Part of the money will be used to close or upgrade more than 2,000 polluting factories, replace the use of coal with clean energy on the outskirts of the city and phase out 300,000 high-polluting older vehicles, the official Xinhua News Agency said, citing Beijing’s acting mayor, Cai Qi. Authorities are eager to bring about a visible improvement in China’s bad air, especially in the high-profile capital and its surrounding areas.
China Southern Airlines Is A Buy
Shares of China Southern Airlines, the largest Chinese Air Carrier are attractively priced and are trading at a discount from the highs. In a conservative scenario, the shares have about 30% upside if they trade at 5-year average historical forward EV/EBITDA.
Freight train completes marathon journey from Chinese city to London
Some 34 containers packed with c lothes, bags and millions of pairs of socks completed the 7,456-mile journey to east London. The 18-day trip saw the boxes transported from the city of Yiwu in eastern China to a rail freight terminal in Barking.
Study reveals effects of heavy smoking on lower jaw dental implants
Smoking causes a range of negative effects, particularly in the smoker’s mouth. The effects that smoking has on dental implants, however, is unclear.
Drone’s operator detained for flying near Chinese airplane
The footage, shows the airliner descending for landing, apparently taken from the perspective of the unmanned drone, flying by at close range. Chinese state media reports that the drone’s pilot has been detained by police.
Colic study stirs prickly debate on acupuncture
APRIL 02: A young Chinese cries as she waits for feeding at a foster care center on April 2, 2014 in Beijing, China. China’s orphanages and foster homes used to be filled with healthy girls, reflecting the country’s one-child policy and its preference for sons.
Chinese premier stresses renovation of rundown areas in 2017
Premier Li Keqiang has called for more efforts to expedite the renovation of rundown urban areas and dilapidated houses in 2017, a State Council statement said Monday. This year, China will start renovating 6 million substandard homes, the same as the target set for 2016, according to Li, who stressed that the work should be initiated as soon as possible.
Sunken, 600-year-old Buddha emerges in China
A 600-year-old Buddha statue has been discovered in a reservoir in east China’s Jiangxi Province after water levels fell during renovation work. A local villager first spotted the head of the Buddha last month when the water level fell by more than 10 meters during work on a hydropower gate, official state news agency Xinhua reported.
Six-Hour Meeting of Chinese Tycoons Eases LeEco Cash Crunch
It took Jia Yueting just over six hours in December to snag $2.2 billion from a Chinese real estate mogul to keep LeEco afloat.
China again rejects Trump’s suggestion to negotiate Taiwan
China’s foreign ministry on Sunday again rejected President-elect Donald Trump’s suggestion that he might use American policy on Taiwan as a bargaining chip between the two sides. Spokesman Lu Kang said Sunday that the “one China” policy is “non-negotiable.”
An undated file picture of Beijing’s acting mayor, Cai Qi. Photo: Handout
Cai Qi gives first work report as Beijing’s acting mayor and is seen by analysts as a front runner to join Politburo in major government reshuffle One of China’s rising political stars and an ally of President Xi Jinping made a rare appearance in the public spotlight yesterday, giving his first work report as Beijing’s mayor. Cai Qi was made the capital’s acting mayor last October and political analysts have made him a front runner to take a post in the Politburo in a government reshuffle in the autumn.
Roast-duck vendor dies from H7N9 bird flu in central China
A 36-year-old man has died after contracting H7N9 bird flu, according to health authorities in central China’s Henan province on Saturday. The man, identified only by the family name Zhang, died on Jan. 11, Henan provincial health and family planning commission said in a statement.
Beijing to spend billions to tackle air pollution
Beijing will spend more than 18.22 billion yuan to fight air pollution in 2017, officials said Saturday. Beijing aims to control the annual average density of PM 2.5 to around 60 micrograms this year, said Lu Yan, head of the Beijing Municipal Reform and Development Commission.
Beijing’s 2017 air pollution goal is more than double WHO’s acceptable standard
Smog billows from chimneys and cooling towers of a steel plant during hazy weather in Taiyuan, Shanxi province, China, Dec 28, 2016. Source: Reuters/Stringer BEIJING’s air quality target for 2017 is more than double the acceptable standard set by the World Health Organisation , the mayor announced on Saturday in the wake of weeks of hazardous air pollution in the Chinese capital.
Beijing sets 2017 air pollution goal at more than double WHO’s acceptable standard
Beijing’s air quality target for 2017 is more than double the acceptable standard set by the World Health Organisation , the mayor announced on Saturday in the wake of weeks of hazardous air pollution in the Chinese capital. “We will work hard to keep PM2.5 at an annual average of around 60 micrograms per cubic meter,” Beijing mayor Cai Qi said during his delivery of the city’s annual work report at the opening of the Beijing People’s Congress on Saturday.
China and Russia promise ‘countermeasures’ against a US-Korean missile defense system
China and Russia have expressed concern about a US plan to deploy an antimissile system in South Korea and vowed to take unspecified “countermeasures,” state media reported. The countermeasures “will be aimed at safeguarding interests of China and Russia and the strategic balance in the region,” China’s state news service Xinhua said on January 13. “China and Russia urged the United States and South Korea to address their security concerns and stop the deployment of [the antimissile system] on the Korean Peninsula,” Xinhua said.
Acting DEA Administrator Meets With Drug Control Officials in China
At the invitation of the China Ministry of Public Security , Drug Enforcement Administration Acting Administrator Chuck Rosenberg visited China this week to discuss issues of mutual concern and to build on the DEA’s existing relationship with Chinese counternarcotics law enforcement authorities. Rosenberg emphasized the increased cooperation between the DEA and the MPS and recognized China’s actions toward combating global synthetic drug trafficking and illicit money laundering.
new h7n9 case reported in south-china11 min ago
Beijing, Jan 13 : A new human H7N9 avian flu case has been reported in Foshan City in south China’s Guangdong Province, local authorities said today. The patient, a 41-year-old poultry vendor, is in critical condition and receiving medical treatment at a hospital in Foshan, the city’s Health and Family Planning Bureau said.
Global Lithium Iron Phosphate (LiFeO4) Market 2016 – A123, Clariant,…
Lithium iron phosphate , also known as LFP, is a compound used in lithium iron phosphate batteries . It is targeted for use in power tools, electric vehicles and solar energy installations.
Navy Commander Suggests US Navy ‘Will Rock Anything’ China Throws At It
Soldiers of China’s People’s Liberation Army Navy stand guard in the Spratly Islands, known in China as the Nansha Islands, February 10, 2016. REUTERS/Stringer China is churning out naval vessels at a rapid rate, but the ships in the Chinese navy may be paper tigers, the commander of the U.S. Navy’s Surface Forces suggested Sunday.
Alibaba founder Jack Ma meets Donald Trump to help American small business3 min ago
Jack Ma, founder and chairman of China’s e-commerce giant Alibaba, on Monday met with US President-elect Donald Trump and discussed plans to help US small businesses sell products to China through the company’s platform. “I think the president-elect is very smart, he is very open-minded to listen.
China pledges further cuts in excess steel, coal production
In this photo taken Friday, Dec. 30, 2016, an excavator past by smoke spewing from the sprawling complex that is a part of the Jiujiang steel and rolling mills in Qianan in northern China’s Hebei province. China’s top economic planner pledged Tuesday, Jan 10, 2017 to continue cutting steel and coal production that have been a source of trade friction with many countries.
CNOOC diverted two LNG cargoes from Tianjin after pipeline fire -traders
Jan 10 China’s state-owned energy company CNOOC diverted two cargoes of imported liquefied natural gas after a pipeline fire in northern China’s Tianjin, though imports were normal as of Monday, traders with knowledge of the matter said on Tuesday. Reuters reported on Dec. 28 that a natural gas pipeline was in Tianjin was closed after it ruptured and caught fire.
Beauty queen Anastasia Lin won’t back down
When she entered Miss World 2016, the Canadian was under no illusions about coming home with the crown. Getting on stage would be enough: the final is broadcast around the globe, including in her native China, where her father has been harassed and prevented from leaving since 2015.
China’s poorest, trying to stay warm, add greatly to smog
QIAN’AN, China – An overloaded coal truck rumbles down from the steel factory and hits a bump, sending chunks of its black cargo skittering and click-clicking along the asphalt. Waiting by the roadside, a farmer swaddled in thick, cotton-padded winter clothing scrambles into onrushing traffic to pick up the pieces.
Beijing launches environmental police force to tackle air pollution
People exercise in the smog on a polluted day in Zhengzhou, Henan province, China, on January 9, 2017. Photo – Reuters People exercise in the smog on a polluted day in Zhengzhou, Henan province, China, on January 9, 2017.
No slowing down
Expected demise of TPP will barely make a dent in the already strong momentum for increased economic and trade activity in Asia. High levels of economic activity are expected in China, Cambodia, Myanmar and Thailand this year, thanks to the growth of their middle classes and urbanisation, while Japan will remain a very important part of the global system, banking experts say.
Chinese firm buys Bringelly site for $70m
Chinese property group Boyuan has strengthened its development portfolio in the Western Sydney growth corridor by buying a 40.5-hectare development site at Bringelly for $70 million. DEVELOPMENT: A Chinese company plans a 70,000 square metre village with 600 housing lots of an average lot size of 400 square metres.
Cheetah Mobile Inc (CMCM) Downgraded by Zacks Investment Research to “Sell”
According to Zacks, “Cheetah Mobile Inc. engages in developing Internet security software. The Company operates a platform that offers mission critical applications for its users and global content distribution channels.
Beijing Announces New Measures To Tackle Smog
Notorious for its high pollution levels, China’s sprawling capital Beijing has been covered under a thick layer of smog for over a week now. And as residents vented their anger at how the health hazard is being handled, the acting mayor announced some measures Saturday.
The year Asia’s power balance shifted
Even as many yearn for the days when America’s influence kept geopolitics stable in the region, this may go down in history as the year when Asia no longer stood to attention when a US president cleared his throat. In the 1942 Hollywood classic Casablanca, Major Strasser of the Third Reich tells the French police prefect that his impression of saloon keeper Rick Blaine, the principal protagonist, is that he is just another blundering American.
Therapeutic Targeting of RNA Polymerase I With the Small-Molecule…
From the School of Basic Medicine, Shandong University, Shandong University, Jinan, Shandong Province, China ; Key Laboratory of Cardiovascular Remodeling and Function Research & The State and Shandong Province Joint Key Laboratory of Translational Cardiovascular Medicine, Qilu Hospital of Shandong University, Jinan, Shandong, China ; and Department of Cardiology, Qing Dao Central Hospital, Qing Dao, Shandong Province, China .