In early March, the State Council announced a ruling requiring those who own more than one apartment to pay a 20-percent income tax of the capital gains rather than the previous 1 to 2 percent. It means couples owning two properties could avoid the high taxes if they split, with each party owning only one property after the divorce. The loophole triggered an avalanche of divorce cases. In ...
10000 people suffer due to manganese tainted tap water in S China town
At least 10,000 people suffered a shortage of drinking water in a South China town on Wednesday following the detection of excessive manganese in the tap water. "The city government of Lufeng in Guangdong Province said the manganese level in the tap water in Da'an town was 1.2 mg per liter since Monday, 12 times the maximum amount allowed in drinking water," reports Xinhua.he ...
Excerpts ChinaRussia largest- ever joint naval drills. Obama calls
Excerpts: China,Russia largest- ever joint naval drills. Obama calls Morsi with concern about crisis. Syrian Inflation Rate 55% 2 July 2013 +++SOURCE: The Syria Report 1 ...
China Pakistan ink deal on transport...
China and Pakistan set their sights yesterday on developing a transport link through rugged mountains, a route they hope will boost economic growth and bring critical oil supplies to China much faster. A broad agreement for the "economic corridor" was among eight pacts signed following a meeting in Beijing between Chinese Premier Li Keqiang and Pakistani Prime Minister Nawaz Sharif. ...
China US to discuss major issues in ...
China and the United States will discuss a series of major issues of common concern during the 5th China-U.S. Strategic and Economic Dialogue (S&ED) next week in Washington, according to China's Foreign Ministry. The issues will include cyber security, Asia-Pacific cooperation, climate change, energy security, economic cooperation and other major international and regional affairs. ...
China Pakistan eye better cooperatio...
Chinese Premier Li Keqiang (R) holds a welcoming ceremony for visiting Pakistani Prime Minister Nawaz Sharif before their talks in Beijing, capital of China, July 5, 2013. (Xinhua/Liu ...
San Francisco plane crash victims identified as two teenagers from China
tail broke off and fire began to take hold .In all, 180 people were injured in the crash. But many have expressed surprise at the low death count, given the state of the plane after the impact."It's miraculous we survived," said Vedpal Singh, who was seated in the middle of the aircraft with his family.He told of how passengers were given no forewarning from the pilot or crew ...
Meat exports to China hit another snag
The Government has again been forced to step in to negotiate a fix to a bureaucratic snafu that was holding up meat exported to China. Six weeks after the end of an almost month-long block on Kiwi meat imports, Primary Industries Minister Nathan Guy has confirmed a shipment of New Zealand meat was being delayed at the port of Dalian in northern China last week. "On Thursday we were made aware ...
Voice on President Park Geun-hye?s offering to return hundreds of Chinese soldiers? remains to China
"Returning those soldiers' remains not only promotes Sino-South Korean relations but also shows respect to life."Wang Jiangyu, associate professor at the National University of Singapore Faculty of Law,on President Park Geun-hye's offering to return hundreds of Chinese soldiers' remains to China who were killed during the Korean War, quoted by Beijing News on ...
Success of Chinas soft power campaign cant be gauged by rich countries
US political scientist Joseph Nye claims that the leaders of China and Russia just don't get his concept of "soft power." In an article published in Foreign Policy in April, he reminds us that soft power springs from individuals, the private sector and civil society. China and Russia, Professor Nye points out, "make the mistake of thinking that government is the main ...
China The Worlds Largest Auto Market Says Passenger Car Sales Rose 12 In June
Passenger car sales in China, the world's largest auto market, rose by 12.3% in June from a year earlier to 1.29 million vehicles, the government-published China Daily newspaper said on Saturday. The paper cited figures from the China Passenger Car Association released on Friday. June's increase was lower than a 13.4% year-on-year rise in May. Sales in June, which is traditionally a ...
Bundesbank Warns China?s Currency ?On Its Way To Becoming Global Reserve Currency?
with the China-Australia direct currency convertibility ), it seems the possibility of China?s Yuan as the next global reserve currency is getting closer. ...
American dream no option for China
Editor's Note:China-US relations, one of the most prominent bilateral relationships in the world, are set for further development. As a rising power, China still faces many issues internally and externally. What position will China take in the Sino-US relationship? How will China grow to become another "superpower?" And what will the international system look like in the future? ...
Baby panda born at Taipei Zoo
newborn , which was born to giant panda Yuan Yuan on Saturday, will be presented to the public within the next six months, Taiwan's Central News Agency reported. Until then, the baby panda is being kept in an incubator for observation by zookeepers, officials said. "The next week will be crucial," said Chang Chih-hua, convener of the zoo's giant panda breeding center, ...
China sacks prosecutes 100 in province industrial disasters
The Chinese government said more than 100 officials and company executives have been held accountable for a pair of deadly industrial accidents. The firings, transfers and prosecutions involved explosions at a coal mine and a fire at a poultry processing plant, which caused a combined total of 174 deaths. The State Council said in a written statement this weekend the punishments included the ...
Chinas central govt agencies to cut spending by 5 pct
The Ministry of Finance (MOF) has issued a circular ordering China's central government agencies to cut their general expenditures in 2013 by 5 percent, a move to push the frugality campaign launched by the country's new leadership.According to the circular, a whole slew of fees shall be cut, including money spent on the building and renovation of government offices, meetings, domestic ...
Russias made-in-China Proton-M explodes during launch
The upper stage of DM-03 Proton-M, which was installed on the booster rocket for the first time since December 2010, after the loss of three Glonass-M satellites, could not cause the accident at Baikonur space port in the morning of July 2. The incident occurred before the stage was activated. The spaceport will have to reschedule other launches due to the need to clean the area from rocket fuel ...
China and EU meet to settle solar panel row
Negotiations between China and the European Union to solve a dispute over the trade of solar panels in the European market are said to be progressing positively, officials from both sides have ...
Chinas Cheng Wen gets silver medal in mens 400m hurdles at 20th AAC
China's Cheng Wen clocked 50.07 seconds to win a silver medal in the men's 400m hurdles at the 20th Asian Athletics Championships in Pune, India on Sunday.Fueki of Japan won the championship title in 49.86, and Singh of India comes third in 50.35 seconds.On the last day of the athletics championships, China leads the medal tally with twelve gold medals, five silver medals and five ...
China Sportwear Brand Peak Says 1st-Half Profit Likely To Decrease Considerably
Peak Sports Products, one of China's largest sportswear makers, warned on Friday that it expects net profit for the first half to "decrease considerably" from a year earlier. The company attributed to decline to "industry-wide destocking" and a "sluggish economy," which in turn hurt demand for new products. Peak's net profit in the first half of 2012 ...
UN hails China on poverty cuts
By Thalif Deen UNITED NATIONS - The United Nations has singled out China - the world's most populous country, with over 1.3 billion people - as one of the key success stories in the longstanding battle against poverty. Although extreme poverty rates have fallen in every developing region, says a new 60-page report released here, China is way ahead of the pack. In China, extreme ...
Sewage discharge blamed for S China river pollution
A preliminary investigation found that illegal sewage discharge from mining enterprises could be the source of river pollution in south China's Guangxi Autonomous Region, local authorities said. As of Sunday, 112 enterprises along the Hejiang River in Hezhou City had been investigated and forced to suspend production after dead fish have been found in a section of the river since July 1. ...
Source: http://www.beijingnews.net/index.php/sid/215678237/scat/55582c89cb296d4c
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