| Foreign ministers meet over dispute - Biz Wire September 26 - BONTV Posted: 26 Sep 2012 06:24 PM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com Japan's deputy foreign minister arrived in Beijing after weeks of tension over the disputed East China Sea. China's ministry spokesman Hong Lei says the visit came at the request of the Japanese. But China will keep its position and demand to have the island returned, in order to improve relations. Earlier this month, the Japanese government purchased three of the islands from a private owner, setting off mass protests. As a result, China canceled celebrations marking the 40th anniversary of Japan's normalization. The exchange of the currencies between the two countries has since had a set back. Last week, investors released large amounts of yen and government bonds, leading to sharp falls in the yen against the US dollar. But Analysts believe, there is a chance for China to sell Japanese government bonds. Japan's latest trade initial data shows that exports and imports both fell in August, while trade deficit expanded in July. Exports also decreased to 5.8%, for a 3 month straight decline. | Views: 0 0 ratings | | Time: 01:24 | More in News & Politics |
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| Dispute to cause salt shortage? - Biz Wire September 20 - BONTV Posted: 26 Sep 2012 02:04 AM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com Chinese people have been rushing to snap up table salt at their local supermarkets, causing supply to run short. As tensions between China and Japan raise, rumors have swirled that the there will be a shortage of salt coming from Japan. But the government put out an statement saying that China has enough salt output from it's land reserve. Almost one third of edible salt is produced in Shandong province with 1.5 million tons of productivity. Shandong is able to meet the demands of 16 regions. This is not the first time rumors of a salt shortage in relation to Japan have surfaced. This March, after the Fukushima-Daiichi nuclear diaster, there was a fear the radiation would effect exported salt products. So Chinese consumers also stocked up on bags of salt from the market. With such high demand, supermarkets were able to raise their prices to as much as 16 dollars, up from the usual 50 cents. | Views: 1 0 ratings | | Time: 01:17 | More in News & Politics |
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| China, the US, and the WTO - Media Watch September 19 - BONTV Posted: 26 Sep 2012 01:06 AM PDT | Go to bon.tv to watch the full episode CHINA filed a World Trade Organization case yesterday challenging US anti-dumping measures on billions of dollars of kitchen appliances, paper and other goods. China's move came before the Obama administration filed its own WTO case accusing China of improperly subsidizing exports of automobiles and auto parts. China and the US have clashed over complaints about market barriers and subsidies for goods including vehicles, solar panels, tires, steel and chicken. Political pressures on both sides are worsening as demand for their goods cools, raising the threat of job losses in export industries. As campaigning for the US presidency intensifies ahead of a November vote, US President Barack Obama and Republican nominee Mitt Romney have traded barbs on China, accusing each other of backing policies that would move American jobs overseas. The Chinese Ministry of Commerce said its latest WTO complaint centers on the US Congress's passage of a law this year that retroactively gave the Commerce Department power to impose anti-dumping duties on Chinese goods. That came after a US court reversed earlier duties imposed under rules covering countries such as China and Vietnam that are deemed to be "non-market economies." "This practice puts Chinese enterprises in an uncertain legal environment, in violation of the relevant rules of the WTO transparency and due process," said ministry spokesman Shen Danyang in a statement. The Chinese filing <b>...</b> | Views: 2 0 ratings | | Time: 02:55 | More in News & Politics |
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| Photoshopped officials - China Take September 19 - BONTV Posted: 26 Sep 2012 12:30 AM PDT | Go to bon.tv to watch the full episode Some time ago, in a notorious incident, a photo appeared of local officials in Huili county, Sichuan province, purportedly inspecting a newly completed highway. However so badly was the image photoshopped that the three appeared to hover several inches above the ground, much to the hilarity of Chinese net users. Now recently it seems more officials in Sichuan -- this time Leshan city - have been proving the camera doesn't ALWAYS tell the truth. This time a garden spray was used to simulate rain and show that even in bad weather the hardworking officials were out about their business. In both cases the local government came out with explanations of varying degrees of farfetchedness. | Views: 0 0 ratings | | Time: 03:14 | More in News & Politics |
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| Economists Predict Inflation With QE3 - China Beat September 19 - BONTV Posted: 26 Sep 2012 12:08 AM PDT | With the release of the third round of quantitative easing, called the QE3 for short, commodities prices immediately reacted by rising around the world. Looking at the broader commodities futures, there was upward movement in gold, silver, non-ferrous metal and chemical energy. | Views: 1 0 ratings | | Time: 01:57 | More in News & Politics |
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| The Fight for the Diaoyu - Media Watch September 21 - BONTV Posted: 25 Sep 2012 11:18 PM PDT | Go to bon.tv to watch the full episode Around 500 Chinese protested at the Japanese embassy in The Hague on Wednesday. The demonstrators waved Chinese flags and walked from Malieveld Park in the center of the city to the Japanese embassy. A protest letter was handed to an embassy employee, who promised that the letter would be forwarded to the Japanese government in Tokyo. The demonstration was organized by more than 20 Chinese groups in the Netherlands. Among the protesters were Chinese who have been living in the Netherlands for a long time, as well as Chinese students. They showed their disagreement with the Japanese claim on the islands. Leading the procession was a banner displaying the text: "Diaoyu Islands are part of China. We strongly oppose the Japanese government to buy the Diaoyu Islands." The demonstration lasted about two hours. The two main Dutch TV stations RTL and NOS were present to cover the protest. Overseas Chinese in various countries, including Italy, Switzerland, Australia, Indonesia, Malaysia, and Zambia, on Tuesday staged protests against the Japanese government's so-called "purchase" of China's Diaoyu Islands. People are also protesting with their wallets. And companies are listening.... A map provider for the iPhone 5 yesterday rejected online claims that its application marked China's Diaoyu Islands as Japanese territory. AutoNavi Information Technology Co, a Chinese company responsible for the map app that comes with the iPhone 5, said it <b>...</b> | Views: 2 1 ratings | | Time: 04:15 | More in News & Politics |
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| Effect of boycotts? - Price Watch September 21 - BONTV Posted: 25 Sep 2012 11:06 PM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com And now, time for our Question of the Day, where we ask Beijingers to give us their take on issues affecting their lives. Today we asked people on the street whether they support the boycott of Japanese goods, and whether the boycott will have an effect on prices and the political situation. Here's what they had to say. | Views: 1 0 ratings | | Time: 02:33 | More in News & Politics |
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| Weibo reaction to anti-Muslim film - Microblog Buzz September 21 - BONTV Posted: 25 Sep 2012 10:17 PM PDT | Go to bon.tv to watch the full episode Like us on Facebook www.facebook.com Follow us on Twitter Weibo users react to the anti-Muslim film that has sparked a series of unrests in the Middle East. | Views: 3 0 ratings | | Time: 03:21 | More in News & Politics |
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| Shortage of senior homes - Price Watch September 25 - BONTV Posted: 25 Sep 2012 06:42 PM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com In May, the first wholly foreign-owned senior care facility completed construction after receiving approval from the Shanghai government one year earlier. The Wharton business school journal reports the facility is a $6 million dollar project that will provide 60 rooms in a renovated five-story hotel building. With monthly fees between $1500 and $2500, Cascade Healthcare is an example of a high-end senior care provider. | Views: 0 0 ratings | | Time: 02:17 | More in News & Politics |
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| Back burners - Media Watch September 25 - BONTV Posted: 25 Sep 2012 06:37 PM PDT | Go to bon.tv to watch the full episode A cyclical deterioration has been seen in the past 40 years since Sino-Japanese diplomatic relations were normalized. This is due to the issues about the understanding of history and the Diaoyu Islands dispute. The former indicates Japan's contempt... | Views: 0 0 ratings | | Time: 02:58 | More in News & Politics |
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| US announces open-ended QE3 - Microblog Buzz September 25 - BONTV Posted: 25 Sep 2012 06:33 PM PDT | Go to bon.tv to watch the full episode Like us on Facebook www.facebook.com Follow us on Twitter Weibo users react to the US announcement of an open-ended QE3. | Views: 2 0 ratings | | Time: 05:39 | More in News & Politics |
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| ndia probes China's PV solar - Biz Wire September 25 - BONTV Posted: 25 Sep 2012 06:17 PM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com Following the US and EU, India is taking another hit at China's PV solar products. Recently, India's anti-dumping bureau received complaints from the country's solar PV industry, giving cause for an investigation on the solar energy parts exported from Malaysia, China and the United States. According to China Renewable Energy Society, Vice President Meng XianGan, an anti-dumping probe on China's Photovoltaic companies will have little impact on the country. He says, China's presence in India's market is relatively small, last year its installed capacity reached less than 1 gigawatt. However, there are still many other experts who have express their concerns that the case may put completely pull Chinese PV companies on the global market. | Views: 2 0 ratings | | Time: 01:08 | More in News & Politics |
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| China opposes the US trade consultation - China Beat September 20 - BONTV Posted: 26 Sep 2012 02:41 AM PDT | The Ministry of Commerce announced late Tuesday that China opposes a dispute settlement consultation request made by the US to the WTO concerning subsidies allegedly provided by China to its domestic auto companies. | Views: 0 0 ratings | | Time: 01:24 | More in News & Politics |
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| IKEA Expands in China - Price Watch September 19 - BONTV Posted: 26 Sep 2012 01:26 AM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com Ikea, the Sweden-based home products company, already has a foothold in the Chinese market, and is looking to dig in deeper. Ikea opened its first China operation in Shanghai in 1998. But over the following decade it saw moderate growth throughout the country, opening a total of 11 outlets over 14 years. The initially slow sales were partly due to a policy of pricing all goods according to Ikea's international prices. This meant that for it's first 5 years, Ikea was essentially a white-collar outlet for those with a taste in foreign design. | Views: 1 1 ratings | | Time: 03:07 | More in News & Politics |
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| China asks for trade consultation - Biz Wire September 19 - BONTV Posted: 25 Sep 2012 11:06 PM PDT | Go to www.bon.tv to watch the full episode Follow us on Weibo weibo.com China is asking for a consultation with the US on a trade bill that could see tariffs and duties slapped on Chinese exports. The bill allows the US Department of Commerce to impose countervailing duties on imports from non-market economies that it believes are subsidized. Such as China and Veitnam. The Ministry of Commerce has issued a statement saying that the US Has already filed more than 30 anti-subsidy probes over domestic legality. Putting Chinese enterprises in an uncertain legal environment. The country hopes that, through the WTO consultations, the two countries will be able to settle the dispute. Yesterday, the US government announced another proceeding, on China's subsidized exports of motor vehicles and parts. | Views: 2 0 ratings | | Time: 01:06 | More in News & Politics |
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