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  • November 24, 2014
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  1. News - China - SECURITY

    US Congress report warns American interests at risk in China's military rise

    Posted Nov 21st 2014, 02:01pm by Cary Huang

    ... 'U.S. interests at risk' in China's rise Basic American interests are at stake in the Asia-Pacific as the regional military balance tilts in China's favour, a US Congress report has warned. In its annual report submitted to Congress on Thursday, the US-China Economic and Security Review Commission said China had made big gains in military development, driven by two ...

  2. Business - Economy - ECONOMY

    China's central bank surprises markets with lending rate cut to 5.6 per cent

    Posted Nov 21st 2014, 06:58pm by DON WEINLAND

    ... cut surprises markets The People's Bank of China yesterday lowered its benchmark lending rate by 40 basis points- its first change in rates since 2012- in an unexpected concession ... a meaningful impact on the economy or boost growth," Yeung said. "The only value is that this is a signal to the market that the PBOC is willing to ease." Wei Yao, China economist ...

  3. News - Hong Kong - POLITICS

    China was very much against democracy in Hong Kong even before handover, says Chris Patten

    Posted Nov 21st 2014, 07:46am by Tony Cheung and Joyce Ng

    ... Tony Cheung and Joyce Ng Former governor Chris Patten says that even before the handover, Beijing was resistant to granting Hong Kong universal suffrage China 'was very much against democracy' It is "complete nonsense" to suggest that China "always wanted democracy" for Hong Kong, as it appeared "resistant to any form of democracy" even before ...

  4. News - World - SECURITY

    China could cripple US in cyber offensive, NSA chief tells lawmakers

    Posted Nov 21st 2014, 10:16pm by AP

    ... Associated Press in Washington NSA chief says a few nations have ability to hack into vital systems like electrical grid China could 'cripple US with cyber offensive' China ... came in response to questioning from Republican Mike Rogers, who chairs the intelligence committee. He asked the NSA director about a private report alleging China-based intrusions ...

  5. News - China - SINO-US RELATIONS

    Easing visa rules helps build trust between China and US, says Blackstone chief

    Posted Nov 21st 2014, 02:46pm by George Chen

    ... George Chen in New York george.chen@scmp.com More travel vital for US-China trust, tycoon declares Stephen Schwarzman, one of the most powerful dealmakers on Wall Street, says one thing ... visa arrangements for Americans. The latest US government data shows foreign student numbers in the United States at a record high, with almost a third – more than 274,000 – from China ...

  6. Business - Economy - INVESTMENT

    China commits US$45.6b for economic corridor with Pakistan

    Posted Nov 22nd 2014, 04:58am by Reuters

    ... Reuters in Islamabad China to invest US$45.6b in Pakistan infrastructure The central government and banks will finance Chinese companies to build US$45.6 billion worth of energy ... Sharif during a visit to China this month. At the time, officials provided few details of the projects or the financing for the deal, dubbed the China-Pak Economic Corridor (CPEC). The deal ...

  7. Business - Money - INVESTMENT

    China slowdown risks fuel investor hedging rush

    Posted Nov 22nd 2014, 04:58am by Bloomberg

    ... Bloomberg in Singapore Buyers of overseas bonds issued by mainland firms boost holdings of the country's credit default swaps as falling property sales hamper growth Rising China risks fuel investor hedging rush Global investors have doubled holdings of contracts insuring China's sovereign debt as its companies raise funds abroad and views diverge on the economy. ...

  8. Business - Banking & Finance - DEBT

    China's finance ministry dim sum bond offers low risk appeal

    Posted Nov 22nd 2014, 04:57am by Jeanny Yu

    ... aggressively to attract liquidity in order to better serve clients seeking to participate in the Shanghai-Hong Kong Stock Connect scheme. Almost all major banks, including Bank of China, DBS, HSBC ... a co-head of research at Agricultural Bank of China International Securities. "The MOF bond is nearly risk-free given the huge foreign reserves China holds currently, while time deposits still ...

  9. Business - Companies - TECHNOLOGY

    Printer giant Fuji Xerox nears China sales milestone on services push

    Posted Nov 22nd 2014, 04:58am by BIEN PEREZ

    ... on track to China sales milestone Fuji Xerox, one of the world's largest suppliers of office copiers and printers, expects to ramp up its services business across the mainland, Hong Kong ... Yamamoto, the president of Tokyo-based Fuji Xerox. The company, a joint venture that is 75 per cent owned by Japanese firm Fujifilm and 25 per cent by US-based Xerox, saw revenue from its China ...

  10. News - China - ENERGY

    China reveals size of strategic oil reserve for first time

    Posted Nov 21st 2014, 03:08am by Angela Meng

    ... Angela Meng angela.meng@scmp.com China lifts lid on size of oil reserves The National Bureau of Statistics revealed the official estimate of its strategic petroleum reserves for the first ... consumption, far below the international standard of reserving enough to cover three months of imports. But the figure only accounts for the first phase of a plan to build petroleum reserves, and China ...




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