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China news on 9/22/2011

News Sources:
AFP (6)
AP (5)
BBC (1)
Bloomberg (21)
Economist (6)
FT (1)
Guardian (3)
Reuters (8)
Telegraph (4)
WSJ (8)
Xinhua (1)

Thursday, September 22, 2011»

Bloomberg Emerging-Market Stocks Plunge, Set for Biggest Weekly Tumble Since 2008

9/22/2011 11:39:02 PM GMT
Emerging-market stocks dropped, with the benchmark index set for its biggest weekly loss since 2008, as concern deepened that the global economic slowdown will overwhelm government efforts to support growth.

Reuters Geithner slams China's intellectual property policies

9/22/2011 9:43:00 PM GMT
Treasury Secretary Timothy Geithner said on Thursday that China is holding to its decades-old strategy to steal American intellectual property, in a pointed statement reflecting U.S. officials' growing impatience with Beijing.

AP AP Exclusive: Caesars plans hotel in Hainan, China

9/22/2011 9:11:01 PM GMT
Casino operator Caesars Entertainment Corp. plans to build a 1,000-room non-gambling luxury resort Caesars Palace Longmu Bay on the southern Chinese island of Hainan.

Bloomberg Sany Proceeds With Roadshow After $3.3 Billion Hong Kong Stock Sale Delay

9/22/2011 9:07:04 PM GMT
Sany Heavy Industry Co., the construction-equipment maker run by China’s richest man, is pushing ahead with an investor roadshow after delaying its $3.3 billion Hong Kong stock sale.

WSJ India, China in Standoff Over Oil

9/22/2011 9:01:00 PM GMT
India is being pulled into a complex and increasingly tense territorial dispute in the South China Sea, with China repeatedly warning the Indian state oil company, that its joint exploration plans with Vietnam amount to a violation of Chinese sovereignty.

WSJ Alibaba Gets $1.6 Billion Investment

9/22/2011 9:01:00 PM GMT
A group of investors, including Silver Lake Partners and Digital Sky Technologies, agreed to invest $1.6 billion in Alibaba, the Chinese e-commerce company.

WSJ Beijing Shows Restraint on U.S.'s Taiwan Move

9/22/2011 9:01:00 PM GMT
China warned that military relations with the U.S. would face "severe obstacles" as a result of its decision to upgrade Taiwan's fighter jets, but Beijing appeared to have stopped short of suspending defense ties.

WSJ China's Factory Activity Slipped in September

9/22/2011 9:01:00 PM GMT
A preliminary gauge of China's manufacturing activity fell in September, indicating that growth in the world's second-largest economy continued to slow.

Reuters Thousands riot in south China over land grabs: report

9/22/2011 8:54:05 PM GMT
Thousands of people have attacked government buildings in southern China in a protest over land sales, a newspaper reported on Friday, the latest outbreak of trouble in the economic powerhouse of Guangdong province.

AP SKorean reporters detained by China near NKorea

9/22/2011 8:51:02 PM GMT
Seoul officials say South Korean journalists have been detained by China on suspicions of spying while on a reporting trip near China's border with North Korea.

Bloomberg Alibaba Said to Be Valued at $32 Billion as Temasek, DST Invest in Company

9/22/2011 7:04:05 PM GMT
Sany Heavy Industry Co., the construction-equipment maker run by China’s richest man, is pushing ahead with an investor roadshow after delaying its $3.3 billion Hong Kong stock sale.

AP China man held on suspicion of keeping sex slaves

9/22/2011 6:55:04 PM GMT
A Chinese man has been detained on suspicion of keeping six women in a basement as his sex slaves for two years and killing two of them.

AFP Isuzu eyes truck plan with China partner: report

9/22/2011 5:54:04 PM GMT
Isuzu Motors will develop large trucks with its Chinese partner, as Japanese truckmakers shift their to focus more towards growing markets in the rest of Asia, according to a report.

AFP China shuts US plant in lead scare: report

9/22/2011 5:54:04 PM GMT
An American-owned battery plant in China will remain shut until the end of the year over fears it has caused lead poisoning in local children, according to the Shanghai Daily.

AFP Shanghai's young high rollers splurge on luxury

9/22/2011 5:54:04 PM GMT
Kelly Ying, one of a swelling group of young high-rollers in Shanghai, has just treated herself to a birthday present of a $45,000-dollar watch.