Latest China news

  • China Revises 25-Year Environment Law as Pollution Chokes Nation
    China Revises 25-Year Environment Law as Pollution Chokes Nation 3 hours ago

    Beijing has passed amendments to China's 25-year old environmental protection law that will now target polluters in the world's biggest carbon emitter with tougher penalties. The amendments go into effect on 1 January 2015, the official Xinhua news agency said on 24 April. The highly-anticipated amendments come in response to public angst over pervasive pollution that has stifled China, the world's second-largest economy. Media reports had previously stated that revisions to China's 1989 environmental law would give more powers to the environment ministry, and pave the way for regulators to shut down repeat offenders. More »

  • Caterpillar posts higher first-quarter profit, raises outlook
    Caterpillar posts higher first-quarter profit, raises outlook 3 hours ago

    (Reuters) - Caterpillar Inc on Thursday posted a quarterly profit that topped analysts' estimates and raised its full-year outlook on a stronger-than-expected rebound in sales to the construction industry. Caterpillar said it expected its sales to the global construction industry to increase 10 percent from 2013, up from a previously anticipated rise of about 5 percent. Chief Executive Officer Doug Oberhelman said the Peoria, Illinois-based company was watching several regions closely. Having visited China recently, he said the construction industry there was facing challenges. More »

  • Groups Claim Chemicals Used in Apple/Samsung Factories Cause Cancer Deaths
    Groups Claim Chemicals Used in Apple/Samsung Factories Cause Cancer Deaths 3 hours ago

    Advocacy groups have claimed that chemicals being used in processor chip factories which supply Apple and Samsung are causing workers to develop leukaemia and non-Hodgkin lymphoma. It is alleged that the companies have so far ignored the working conditions that are believed to have resulted in more than 100 victims of these diseases, with talks between Samsung and a workers' rights group to discuss the issue reportedly brought to a halt by the South Korean firm. Carcinogenic chemicals that include benzene and trichloroethylene, both associated with causing these types of cancer, are apparently circulated in dust-free 'clean rooms' used to assemble semiconductors in various Apple and Samsung factories in South Korea and China. In 2012 research was undertaken into 17 workers at Samsung's own Giheung semiconductor plant in South Korea that had contracted cancer while working in the clean rooms. More »

  • AOL raises China presence with Sun Media Group partnership 3 hours ago

    By Jennifer Saba NEW YORK (Reuters) - AOL is making a push into China with its digital video studio Makers, which struck a partnership on Thursday with that country's privately held Sun Media Group. This is AOL's biggest effort in China since it was spun out from Time Warner Inc almost five years ago. China's Sun Media Group is helping Makers, which produces documentaries focused on women, select and produce content to be shown in China and abroad. More »

  • Teen Chinese golfer getting used to attention 3 hours ago

    SHENZHEN, China (AP) — One year after his stunning debut at the Masters, Chinese 15-year-old golfer Guan Tianlang is growing accustomed to being in the spotlight. More »

  • Protesters rally against FIFA president Blatter 4 hours ago

    HONG KONG (AP) — A handful of protesters holding banners and placards demonstrated peacefully Thursday at an event with FIFA president Sepp Blatter to highlight the plight of migrant workers building stadiums in Qatar for the 2022 World Cup. More »

  • China Releases Japanese Ship After £16.9 million Compensation
    China Releases Japanese Ship After £16.9 million Compensation 4 hours ago

    The Japanese ship owned by Mitsui OSK Lines (MOL) seized by China over a lawsuit claiming damages owed by the company dating back to the pre WW-II era, was released following reimbursement of compensation worth 2.9 billion yen (£16.9 million) to a private plaintiff. "The court has delivered a ruling.. to lift the detention of the 'Baosteel Emotion' ship," the Shanghai Maritime Court, which had ordered the seizure, said in a statement. Reports doing the rounds in the Japanese media suggested that the ship's seizure had an underlying political motive ahead of US President Barack Obama's Asian tour, and that China wanted to demonstrate its growing political clout. He also said that the ruling could "intimidate Japanese companies doing business in China", and cautioned that the decision "is likely to have, in general, a detrimental effect on Japanese businesses working in China." More »

  • Quiros, Dyson share lead at China Open 4 hours ago

    SHENZHEN, China (AP) — Alvaro Quiros and Simon Dyson each shot a 5-under 67 to share the lead after the first round of the China Open on Thursday. More »

  • Dyson enjoys happy return to China, shares lead with Quiros
    Dyson enjoys happy return to China, shares lead with Quiros 4 hours ago

    (Reuters) - Englishman Simon Dyson, who was handed a suspended two-month ban for cheating in December, fired a five-under-par 67 to grab a share of the first round lead at the European Tour's China Open on Thursday. The Englishman fired six birdies and a lone bogey in his round in Shenzhen to end the day tied with big-hitting Spaniard Alvaro Quiros at the top of a congested leaderboard. "The first nine holes I played was the best I have played for quite some time," Dyson told the European Tour. It was a good start and very pleasing." The 36-year-old has enjoyed previous success in China, winning the event in 2000 as well as the Hong Kong and Macau Opens. More »

  • South Korea Records Steady Economic Growth on Strong Exports
    South Korea Records Steady Economic Growth on Strong Exports 4 hours ago

    The South Korean economy has continued its steady expansion in the first quarter, as the country's exports increased in line with the ongoing recovery in the US and Europe, despite a slowdown in China. Analysts expect that the country will continue to grow in subsequent quarters of 2014 helped by loose monetary policy and strong export demand. "With exports the equivalent to around 50% of the economy, the prospects for global demand will play a large part in determining how Korea performs over the next couple of years," said Gareth Leather of Capital Economics. Better prospects for these two economies should more than offset weakness in China, which remains Korea's largest trading partner." More »

  • Last appeal bid rejected in HK 'Milkshake Murder' 4 hours ago

    HONG KONG (AP) — Hong Kong's top court on Thursday rejected a final bid for an appeal by an American convicted of drugging her wealthy banker husband and bashing him to death. More »

  • Foxconn to decide fate of Indonesia project in October - source
    Foxconn to decide fate of Indonesia project in October - source 4 hours ago

    By Faith Hung TAIPEI (Reuters) - Foxconn Technology Group will decide in October whether to proceed with a planned $1 billion (595 million pounds) manufacturing project in Indonesia after a new government takes office, a company source said on Thursday. Foxconn, a major supplier to Apple Inc, wants to expand beyond China, where its massive production base has come under fire from international labour groups after a series of suicides and accidents since 2010. It said in February it would submit a concrete proposal to Indonesia's government about the project within three months, but the company source said discussions with the Indonesian authorities had run into difficulties after inconclusive parliamentary elections in April. Indonesia is due to hold presidential elections in July and the new government will not take office until October. More »

  • China demands local solutions for grievances 5 hours ago

    BEIJING (AP) — For decades, members of the Chinese public with grievances against local governments have been traveling to Beijing in the time-honored tradition of appealing to the country's highest authorities. More »

  • Adidas shifts orders from striking China plant
    Adidas shifts orders from striking China plant 5 hours ago

    Sportswear firm Adidas AG is shifting some orders from a factory in south China that has been at the centre of one of the country's biggest labour strikes, underlining a rising challenge for firms doing business in China where an increasingly savvy workforce is pushing harder for its rights. Thousands of workers at a factory in Dongguan in the Pearl River Delta run by Hong Kong-listed Yue Yuen Industrial Holdings , the world's largest shoe maker, have been on strike for more than 10 days demanding improved social insurance payments, better pay and fairer contracts. "In order to minimise the impact on our operations, we are currently reallocating some of the future orders originally allocated to Yue Yuen Dongguan to other suppliers," a China-based Adidas spokeswoman said in emailed comments to Reuters. Adidas has no plans to sever ties with the Dongguan-based plant, and the majority of any new supply would come from within China, the spokeswoman added. More »

  • China says it will maintain patrols near Japan's new island base
    China says it will maintain patrols near Japan's new island base 5 hours ago

    China's defence ministry said on Thursday it will continue military patrols in waters near a tropical Japanese island close to Taiwan, days after Tokyo announced it would break ground on a new radar base in the area. The radar station on Yonaguni Island, just 150 km (93 miles) from a group of disputed islands in the East China Sea, marks Japan's first military expansion at the western end of its island chain in more than 40 years. "We are playing close attention to Japan's relevant military trends," Defence Ministry spokesman Yang Yujun said in comments posted on the ministry's website. "China's military will continue to carry out battle readiness patrols, military drills and other activities in the relevant area," Yang said. More »

  • LME says up to quarter of its electronic trade comes from Asia
    LME says up to quarter of its electronic trade comes from Asia 6 hours ago

    By Melanie Burton and Polly Yam HONG KONG (Reuters) - Up to a quarter of electronic trading volume on the London Metal Exchange (LME) comes from customers in Asia, its chief executive said, indicating the bourse has a robust base for its drive into the region. It is the first time the LME, the world's biggest marketplace for industrial metals such as copper and aluminium, has disclosed the size of electronic trade from Asia and shows that while it has a toehold in the market, it still has huge room to grow. "Ten-25 percent on any given day of outright trading on the electronic system comes from Asia," LME Chief Executive Garry Jones said at a conference in Hong Kong, adding that overall electronic trade volumes grew 28 percent last year. The comments come as the LME is looking to boost business in top metals consumer China, as well as countries such as Indonesia, Singapore and South Korea, after being bought by Hong Kong Exchanges & Clearing Ltd in 2012. More »

  • China welcomes Palestinian unity deal, hopes will help peace 6 hours ago

    China's foreign ministry welcomed on Thursday a unity pact agreed between the Gaza-based Islamist group Hamas and President Mahmoud Abbas' Palestine Liberation Organisation, saying Beijing hoped this would help peace talks with Israel. While the United States said it was disappointed by the deal, which it said could make peace efforts difficult, China said it regarded the move positively. China "believes this will be conducive to Palestinian unity, and fundamentally conducive to the establishment of an independent Palestinian state and peaceful coexistence between Israel and Palestine", foreign ministry spokesman Qin Gang told a daily news briefing. More »

  • Up to 25% of Electronic Trade on LME Comes From Asia: CEO Garry Jones
    Up to 25% of Electronic Trade on LME Comes From Asia: CEO Garry Jones 6 hours ago

    London Metal Exchange (LME), the world's biggest marketplace for industrial metals, has disclosed the size of electronic trade from Asia for the first time. LME chief executive Garry Jones said at a conference in Hong Kong that up to a quarter of the electronic trading volume on the exchange comes from Asia-based participants, Reuters reported. "Ten-25 percent of outright trading on the electronic system comes from Asia," Jones said. The announcement comes as the metal exchange looks to boost its business in Asia, particularly in China, one of the world's largest consumers of metals. More »

  • Japan's Mitsui pays China to release seized ship - court
    Japan's Mitsui pays China to release seized ship - court 6 hours ago

    By Li Hui and Osamu Tsukimori BEIJING/TOKYO (Reuters) - Japan's Mitsui O.S.K. Lines Ltd paid about $29 million for the release of a ship seized by China over a dispute that dates back to the 1930s war between the countries, China's Supreme Court said on Thursday. The Chinese government has described the case as a simple business dispute unrelated to wartime compensation claims, but it has become a cause célèbre for activists in China seeking redress from Japan. Mitsui paid about 2.92 billion yen (16.9 million pounds) in leasing fees, including interest and damages, China's Supreme Court said in a statement on its official microblog. More »

  • China splurging on military as US pulls back
    China splurging on military as US pulls back 6 hours ago

    QINGDAO, China (AP) — China's navy commissioned 17 new warships last year, the most of any nation. In a little more than a decade, it's expected to have three aircraft carriers, giving it more clout than ever in a region of contested seas and festering territorial disputes. More »

  • Obama reaffirms commitment to Japan on tour of Asia allies
    Obama reaffirms commitment to Japan on tour of Asia allies 6 hours ago

    By Mark Felsenthal and Linda Sieg TOKYO (Reuters) - U.S. President Barack Obama assured ally Japan on Thursday that Washington was committed to its defence, including of tiny isles at the heart of a row with China, but denied he had drawn any new "red line" and urged peaceful dialogue over the islands. His comments drew a swift response from China, which said the disputed islets were Chinese territory. Obama also urged Japan to take "bold steps" to clinch a two-way trade pact seen as crucial to a broad regional agreement that is a central part of the U.S. leader's "pivot" of military, diplomatic and economic resources towards Asia and the Pacific. U.S. and Japanese trade negotiators failed to resolve differences in time for Obama and Prime Minister Shinzo Abe to shake hands on a deal at the summit. More »

  • Soccer-Be optimistic about Brazil, says Blatter 7 hours ago

    By Stefanie McIntyre HONG KONG, April 24 (Reuters) - FIFA president Sepp Blatter has encouraged fans to be optimistic that the World Cup in Brazil will be a success, amid growing concerns over security and public unrest as workers scramble to finish stadiums on time. "It is my 10th World Cup... and I can tell you I have never seen a World Cup that everything is ready, completely ready before the kick-off," Blatter told reporters in Hong Kong on Thursday. "Football, with more than 300 million active participants, more than one billion fans, they are now waiting for this World Cup. It is in Brazil, it is a country where football has been, let's say the best footballers of the world are from. More »

  • China rejects Obama's statement on islets disputed with Japan 8 hours ago

    A chain of islets disputed by China and Japan belong to China regardless of what anyone says, China said on Thursday, in response to a remark by U.S. President Barack Obama that a security treaty between the U.S. and Japan covers the islands. Chinese Foreign Ministry spokesman Qin Gang made the remarks at a daily press briefing on Thursday. Obama said he had not drawn any new "red line" over the islands, adding that maritime disputes must be resolved peacefully. The group of tiny East China Sea islets, known in Japan as the Senkaku and in China as the Diaoyu, have long strained ties between Beijing and Tokyo. More »

  • Top Asian News at 7:30 a.m. GMT 8 hours ago

    TOKYO (AP) — Showing solidarity with Japan, President Barack Obama affirmed Thursday that the U.S. would be obligated to defend Tokyo in a confrontation with Beijing over a set of disputed islands, but urged all sides to resolve the long-running dispute peacefully. Wading cautiously into a diplomatic minefield, Obama insisted the U.S. takes no position on whether the islands in the East China Sea are ultimately in the dominion of China or Japan. But he noted that historically Japan has administered the islands, triggering America's treaty obligations to defend its ally should tensions escalate militarily. More »

  • Top Asian News at 7:00 a.m. GMT 8 hours ago

    TOKYO (AP) — Showing solidarity with Japan, President Barack Obama affirmed Thursday that the U.S. would be obligated to defend Tokyo in a confrontation with Beijing over a set of disputed islands, but urged all sides to resolve the long-running dispute peacefully. Wading cautiously into a diplomatic minefield, Obama insisted the U.S. takes no position on whether the islands in the East China Sea are ultimately in the dominion of China or Japan. But he noted that historically Japan has administered the islands, triggering America's treaty obligations to defend its ally should tensions escalate militarily. More »

  • China frees Japanese boat after boat owner pays up 9 hours ago

    BEIJING (AP) — A Chinese court released a seized Japanese freight ship Thursday after owner Mitsui O.S.K. Lines, Ltd. agreed to pay about $39 million to resolve a dispute dating back more than seven decades. More »

  • Top Asian News at 6:30 a.m. GMT 9 hours ago

    TOKYO (AP) — Showing solidarity with Japan, President Barack Obama affirmed Thursday that the U.S. would be obligated to defend Tokyo in a confrontation with Beijing over a set of disputed islands, but urged all sides to resolve the long-running dispute peacefully. Wading cautiously into a diplomatic minefield, Obama insisted the U.S. takes no position on whether the islands in the East China Sea are ultimately in the dominion of China or Japan. But he noted that historically Japan has administered the islands, triggering America's treaty obligations to defend its ally should tensions escalate militarily. More »

  • Top Asian News at 6:00 a.m. GMT 9 hours ago

    TOKYO (AP) — Showing solidarity with Japan, President Barack Obama affirmed Thursday that the U.S. would be obligated to defend Tokyo in a confrontation with Beijing over a set of disputed islands, but urged all sides to resolve the long-running dispute peacefully. Wading cautiously into a diplomatic minefield, Obama insisted the U.S. takes no position on whether the islands in the East China Sea are ultimately in the dominion of China or Japan. But he noted that historically Japan has administered the islands, triggering America's treaty obligations to defend its ally should tensions escalate militarily. More »

  • Obama backs Japan in islands row with China
    Obama backs Japan in islands row with China 9 hours ago

    US president says islands at centre of Sino-Japanese dispute are Japanese and fall under terms of US-Japan defence pact. More »

  • Exclusive - Marubeni says Chinese authorities detain three staff at grain u …
    Exclusive - Marubeni says Chinese authorities detain three staff at grain u … 10 hours ago

    By James Topham and Niu Shuping TOKYO/BEIJING (Reuters) - Three employees at one of Marubeni Corp's grain trading units in China have been detained by authorities, the Japanese trading house said on Thursday, a move industry sources said was prompted by allegations of tax evasion on soy bean imports. The employees worked at a Chinese unit of Marubeni's Columbia Grain, Inc, a spokesman at Marubeni said, adding he did not know why they had been detained. Japan's chief cabinet secretary, Yoshihide Suga, said none of the detained staff at the unit were Japanese citizens. The detentions come amid a wave of soybean defaults in China, where a combination of poor crushing margins and difficulty getting credit has led to a spike in rejected cargoes. More »

  • Top Asian News at 5:30 a.m. GMT 10 hours ago

    TOKYO (AP) — Standing next to Japan's leader, President Barack Obama affirmed Thursday that the U.S. would be obligated to defend Tokyo in a confrontation with Beijing over a set of disputed islands, but urged all sides to resolve the long-running dispute peacefully. Wading cautiously into a diplomatic minefield, Obama insisted the U.S. takes no position on whether the islands in the East China Sea are ultimately in the dominion of China or Japan. But he noted that historically Japan has administered the islands, triggering America's NATO obligations to defend its ally Japan should tensions escalate militarily. More »

  • China frees Japanese cargo ship in $28m deal
    China frees Japanese cargo ship in $28m deal 10 hours ago

    Seizure, relating to unpaid compensation for Chinese ships leased in 1936, sparked Japanese formal diplomatic complaint. More »

  • Hyundai Motor first-quarter profit unchanged; misses estimates
    Hyundai Motor first-quarter profit unchanged; misses estimates 10 hours ago

    SEOUL (Reuters) - South Korea's Hyundai Motor Co on Thursday missed analyst estimates by posting nearly flat net profit, as lacklustre U.S. performance offset increased sales in Korea and China. Hyundai, the world's fifth-biggest automaker when combined with affiliate Kia Motors Corp , reported January-March net profit of 1.93 trillion Korean won (1.11 billion pounds) from 1.95 trillion won a year earlier. The result compared with the 2.19 trillion won mean estimate of 13 analysts polled by Thomson Reuters I/B/E/S. Revenue rose 1 percent to 21.6 trillion won. ... More »

  • Top Asian News at 5:00 a.m. GMT 10 hours ago

    TOKYO (AP) — President Barack Obama said Thursday that he wants to see a dispute between China and Japan over islands in the East China Sea resolved peacefully, while affirming that America's mutual security treaty with Japan applies to the islands. "Historically they have been administered by Japan and we do not believe that they should be subject to change unilaterally," Obama said at a news conference with Prime Minister Shinzo Abe. "What is a consistent part of the alliance is that the treaty covers all territories administered by Japan." More »

  • Japan's Abe: Continue to gain understanding of his Yasukuni visit
    Japan's Abe: Continue to gain understanding of his Yasukuni visit 10 hours ago

    TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Thursday that he will continue to explain his visit to the controversial Yasukuni Shrine for war dead to gain understanding from neighbouring Asian countries. Last December Abe visited Yasukuni Shrine, which is seen by critics as a symbol of Japan's past militarism, sparking anger from China and South Korea. China and South Korea have repeatedly expressed anger in the past over Japanese politicians' visits to the shrine, where Japanese leaders convicted as war criminals by an Allied tribunal are honoured along with war dead. ... More »