Headlines on latest China news, China business

Saturday, September 24, 2011»

Telegraph Human glider flies through hole in the side of mountain

9/24/2011 7:30:02 AM GMT
American wingsuit flier Jeb Corliss soared through a hole in Tianmen mountain near Zhangjiajie, Hunan province central China.

Bloomberg XCMG Construction Said to Cancel Plans to Raise $1.1 Billion in Stock Sale

9/24/2011 12:53:04 AM GMT
XCMG Construction Machinery Co., China’s biggest crane maker, scrapped plans to raise about $1.1 billion in a share sale in Hong Kong after some underwriters backed out of commitments to buy any unsold stock, three people with knowledge of the matter said.

WSJ Apple Slows Down in China

9/24/2011 12:27:04 AM GMT
New Apple stores in Hong Kong and Shanghai have generated lots of fanfare, but the company has opened just a fifth of its planned 25 stores in China this year.

Friday, September 23, 2011»

WSJ Mercedes Slows in China

9/23/2011 10:08:05 PM GMT
Sounding the latest warning signal about slowing economic growth in China, Mercedes-Benz said its luxury-car sales gains in the country slowed in July and August after a torrid first half.

WSJ Chinese Turbine Firm Tied to Theft

9/23/2011 9:01:00 PM GMT
A former American Superconductor employee pleaded guilty in Austria to criminal charges involving the theft and sale of the U.S. company's software to a Chinese wind turbine maker that was once its biggest customer.

WSJ Riots Erupt Over Land in South China

9/23/2011 9:01:00 PM GMT
Police in southern China struggled to quell violent protests over alleged government land grabs that so far have left more than 10 police injured, in the latest sign of unrest in the country's most important manufacturing region.

Reuters Europe to decide on EFSF by next G20: China's Zhu

9/23/2011 6:58:00 PM GMT
The European Union will make a clear decision about boosting the capital of the European Financial Stability Fund before the next Group of 20 finance ministers meeting in mid-October, said Chinese Deputy Minister of Finance Zhu Guangyao.

Reuters U.S. sees China fallout from Taiwan arms, no breach

9/23/2011 5:21:05 PM GMT
The United States expects some fraying of relations with China over its $5.3 billion plan to upgrade Taiwan's F-16 fleet but not as "shrill" a reaction as if it had met the request for new fighter jets, the top U.S. military commander in the region told Reuters on Friday.

AFP Apple opens Hong Kong store in China push

9/23/2011 5:21:05 PM GMT
Apple threw open the doors to its first store in Hong Kong, its latest push to tap the booming China market, as shoppers were greeted with boisterous chanting and high-fives from staff.

AFP Chinese tourist seized, beaten up and driven HOME

9/23/2011 5:21:05 PM GMT
A Chinese tourist in Beijing was dragged from his hotel room, savagely beaten, driven home and dumped unconscious at the roadside after being taken for a petitioner, according to state media report.

Bloomberg Apple Opens Its First Store in Hong Kong as Retail Spending Surges in City

9/23/2011 5:18:04 PM GMT
Apple Inc. opened its first store in Hong Kong today, paring reliance on sales agents to market its iPhones and iPads as Chinese tourists drive a retail boom in the city. Some customers queued two nights for the event.

Bloomberg Apple Opens First Hong Kong Store as Retail Spending Surges

WSJ Offshore Yuan Hit by Selloff

9/23/2011 11:37:00 AM GMT
A scramble for U.S. dollar funds by investors caused a big selloff in the offshore Chinese currency, leading it to trade at the widest-ever discount to its mainland counterpart.

Guardian Zambia swears in new president

9/23/2011 11:27:01 AM GMT
Michael Sata, who once worked as a platform sweeper at London's Victoria station, was sworn in as Zambia's president on Friday after an upset poll victory that ushered in a smooth handover of power in Africa's biggest copper producer.

WSJ Jet Sale Tests New U.S. Envoy to China

9/23/2011 10:42:05 AM GMT
The U.S. decision to upgrade Taiwan's fighter jets marks the end of Gary Locke's honeymoon as the U.S.'s first Chinese-American ambassador to China.