Wenwen Meng

31-60 (out of 556)

China probes Johnson Controls unit for alleged lead

A China unit of major lead-acid battery maker Johnson Controls has halted production at its Shanghai factory as authorities investigate into an alleged lead pollution case, the official Shanghai Securities News said on Thursday.

China to pump $47 bln into Tibet to 2015

The Chinese government will pump 300 billion yuan ($47 billion) into restive Tibet over the next five years, with 90.5 billion yuan to finance roads, railways, hydropower stations and other infrastructure, state media said on Wednesday.

Clearwire, China Mobile team up on 4G

China Mobile Communications Corp and Clearwire Corp (CLWR.O) have teamed up to develop high-speed mobile devices and infrastructure, potentially giving the cash-strapped U.S. 4G operator a technological boost.

Indosolar in talks with China's GCL for $2 billion solar deal

Indian solar photo-voltaic (PV) cellmaker Indosolar Ltd is in talks with Chinese polysilicon maker GCL-Poly Energy Holdings to tie up a new 4-year solar wafer supply deal, which could be worth up to $2 billion, its chief executive told Reuters on Wednesday.

BRICS give lukewarm response to Brazil euro plan

Brazil's proposal to support the crisis-hit euro zone garnered only lukewarm support from fellow BRICS countries on Wednesday, as doubts mounted whether the five emerging market powers have the political will or financial clout to throw a lifeline to Europe.

Counting the cost if EMU fails

Greece's exit from the euro zone would inflict untold damage on Europe's economy, further burnish the attractiveness of a rising Asia and hasten the emergence of China's yuan as a global currency.

Stocks, euro recover after slide; outlook wary

Asian stocks steadied and the euro held above a seven-month low against the dollar on short-covering on Tuesday, after a report that Italy may get financial support from China lifted Wall Street in late trade but did nothing to ease fears that Europe is descending into a banking crisis.

China officially recognizes Libyan rebels

China recognized the rebel National Transitional Council (NTC) as Libya's ruling authority, the Chinese Foreign Ministry said on Monday, saying the Council had vowed to respect Beijing's interests after tensions between the two sides.

China August Lending Strong, no Policy Relaxation Seen

China's bank lending quickened to 548.5 billion yuan ($86 billion)in August, topping market expectations of 500 billion yuan and rebounding from July'sseven-month low, pointing to a slight relaxation in credit conditions for the nation's businesses.

Locke Calls for Open Trade, Investment in China-U.S. Relations

China and the United States should reduce trade and investment barriers to create jobs, U.S. Ambassador to China Gary Locke said on Friday, striking a broadly cooperative tone in his first official public address since assuming the position in August.

Scotiabank buys into Guangzhou Bank for C$719 million

Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.

China Inflation Cools; Monetary Tightening Put Off

China's inflation pulled back in August from a three-year high, underlining expectations that price pressures have peaked and the central bank can hold off on further tightening of monetary policy in the face of a global economic slowdown.

Twitter now has 100 million active users

Only about half of Twitter's 200 million-plus registered members log on daily but the microblogging website is chalking up growth of 40 percent every quarter in mobile device usage, Chief Executive Dick Costolo said on Thursday.

EU Chamber: China market barriers grow for EU business

A decade after its World Trade Organisation accession, China has increased some discriminatory policies on foreign businesses, a European business lobby said on Thursday, casting doubt on official pledges to level the playing field.

Romney puts China squarely in presidential race

Republican presidential candidate Mitt Romney's threat to get tough with Chinese trade practices has moved China from the background to a potentially significant issue in the 2012 presidential campaign.

China repeats opposition to U.S. arms sales to Taiwan

China repeated its opposition to U.S. arms sales to Taiwan on Wednesday, saying they put the peaceful Sino-U.S. relationship at risk, as the Obama administration's decision on a weapons deal for the self-ruled island draws near.

Lockheed CEO eyes new F-16s for Taiwan

Granting Taiwan's politically sensitive request for new F-16 fighter aircraft would merely maintain the island's air power capabilities, not boost them, the chief executive of Lockheed Martin Corp (LMT.N), the plane's manufacturer, said on Tuesday.