Highlights
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Switzerland sees free-trade pact with China in July
ReutersZURICH (Reuters) - The Swiss government said on Friday it hopes to sign a free-trade agreement (FTA) with China that would be the first such deal of its kind between Beijing and continental Europe when Switzerland's economy minister visits China in July....Tags: Trade Agreements, China, Swiss Confederation, Zurich (Swiss Confederation), European Union
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House-hunting Chinese send some wealth to Seattle
The Seattle TimesSEATTLE Real-estate agent Joseph Ho climbed the gilded staircase of a Hunts Point, Wash., mansion listed for almost $5 million, shooting video on his Apple iPad tablet and narrating in Chinese. Buyers from China have inquired about the 5,540-square-...Tags: Real Estate Buyers, Microsoft Corporation, China, Bill Gates, Homes
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North Korea's Kim signals he's willing to talk in letter to China's Xi
BEIJING -- Chinese President Xi Jinping on Friday personally received a handwritten letter from North Korean leader Kim Jong Un, signaling a possible rapprochement after months of estrangement between the communist allies. The contents of the letter...
Tags: International Military Interventions, China, Barack Obama, Korean War (1950-1953), Japan
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Rosy China growth forecasts fade on further signs of slowdown
ReutersBEIJING (Reuters) - As evidence mounts that China's economy is losing momentum, economists are fast abandoning their rosy recovery forecasts and bracing for what could be the country's slowest growth rate in 23 years. In the space of five months,...Tags: Elections, Economy, Business and Finance, Finance, Bank of America Corp., China
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North Korea says will take 'positive steps' for peace
ReutersBEIJING (Reuters) - A North Korean envoy told China's president on Friday that his reclusive country was willing to take "positive actions" to ensure peace and stability on the Korean peninsula, as China steps up diplomatic efforts to bring Pyongyang back...Tags: North Korea, Pyongyang (North Korea), United Nations, China, Kim Jong Un
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Yuan ends up after hitting new high, buoyed by record midpoint fix
Reuters* PBOC sets record high midpoint despite dollar strength * Traders see signs of faster pace for currency reforms * Yuan value seen more closely tied to dollar supply/demand By Lu Jianxin and Pete Sweeney SHANGHAI, May 24 (Reuters) - The central bank...Tags: Economy, Business and Finance, Finance, Money and Monetary Policy, People's Bank, Federal Reserve
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North Korea willing to take China's advice, start talks
ReutersBEIJING (Reuters) - North Korea is willing to take China's advice and enter into talks, Chinese state television cited an envoy of North Korean leader Kim Jong-un as saying, following weeks of tension on the Korean peninsula after the North's latest...Tags: North Korea, Communist Party of China, China, Kim Jong Un, Politics
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EXCLUSIVE-China urbanisation plan hits roadblock over spending fears-sources
ReutersBy Kevin Yao BEIJING, May 23 (Reuters) - China's plan to spend $6.5 trillion on urbanisation to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels...Tags: Economy, Business and Finance, Environmental Issues, Finance, China, Labor Legislation
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China warns blind dissident ahead of Taiwan trip
ReutersBEIJING, May 23 (Reuters) - China warned blind legal activist Chen Guangcheng on Thursday to mind his language ahead of his trip next month to political rival Taiwan, on a visit which could infuriate Beijing if, as expected, Chen uses it to criticise...Tags: Chen Guangcheng, Trips and Vacations, Taiwan, China, Travel
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Yuan down slightly, weak survey might impact appreciation trend
Reuters* PBOC sets midpoint weaker after 2 days of record highs * China factory activity shrinks in April - HSBC survey * China official says U.S. QE exit could cause fund outflows By Lu Jianxin and Pete Sweeney SHANGHAI, May 23 (Reuters) - China's yuan,...Tags: Ben Bernanke, Economy, Business and Finance, Finance, Nikkei, Money and Monetary Policy
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GLOBAL ECONOMY-Warning signs for China, Fed hints at curbing stimulus
Reuters* Chinese factory activity declines in May -PMI * Data and comments from Bernanke send shares plummeting * Euro zone downturn eases slightly * Recovery still looks a way off By Andy Bruce LONDON, May 23 (Reuters) - Chinese factory activity shrank...Tags: Ben Bernanke, Economy, Business and Finance, Labor Markets, Nikkei, HSBC Holdings plc
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Exclusive :China urbanization plan hits roadblock over spending fears - sources
ReutersBEIJING (Reuters) - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property...Tags: Government Debt, Local Government, Economy, Business and Finance, Finance, Government
May 24, 2013
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May 24, 2013
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May 24, 2013
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