News » Society » China home prices rise in October

News » Society » China home prices rise in October


China home prices rise in October

Posted: 18 Nov 2012 07:22 PM PST

Chinese property prices increase in 35 of the country's 70 main cities during October, indicating a small rebound in demand.

Top-level talks on sea spats sought

Posted: 18 Nov 2012 07:56 PM PST

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Southeast Asian nations urged China quickly to begin top-level talks over tense sea territorial disputes, as they tried to present a united front in tackling their neighbor.

Posted: 18 Nov 2012 07:56 PM PST

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South urged to act fast on tourist visas

Posted: 18 Nov 2012 07:56 PM PST

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VIDEO: Is this dog a maths genius?

Posted: 18 Nov 2012 12:58 AM PST

There is a continuing debate between dog and cat lovers over which animal is more intelligent - but one owner in China is claiming his beloved pet can do mathematics.

VIDEO: Kapoor's Gangnam tribute to Ai Weiwei

Posted: 17 Nov 2012 01:35 PM PST

Turner prize-winning artist Anish Kapoor has made a Gangnam Style video in support of the prominent Chinese artist, Ai Weiwei.

VIDEO: What do Chinese want leaders to change?

Posted: 16 Nov 2012 04:19 AM PST

What will Chinese Premier Xi Jinping's rule look like and what will change? Newsnight's Economics Editor Paul Mason, who witnessed the changing of the guard in Beijing, reports.

AUDIO: What will new leaders do for China?

Posted: 15 Nov 2012 05:51 AM PST

China has unveiled its new line-up of leaders who will run the country over the next decade.

VIDEO: China's secret seven revealed

Posted: 16 Nov 2012 03:45 AM PST

Xi Jinping has been presented to the world as the man chosen to lead China for the next decade.

VIDEO: China's richest man on wealth gap

Posted: 15 Nov 2012 10:59 AM PST

China's richest man, Zong Qing Hou, who grew up in poverty and now sits on a fortune of up to $20bn, told the BBC's George Alagiah that the gap between rich and poor is something that will have to be tackled by the country's new leader.

China street children die in bin

Posted: 18 Nov 2012 03:08 PM PST

Five street children in southwest China die after climbing into a large bin and succumbing to carbon monoxide poisoning, state media report.

China approves Land Rover deal

Posted: 18 Nov 2012 04:39 AM PST

Jaguar Land Rover will start manufacturing vehicles in China for the first time after Beijing approved a £1bn joint venture.

Regional integration progressing at ASEAN talks

Posted: 18 Nov 2012 09:35 AM PST

members of the Association of Southeast Asian Nations should bring the treaties ratified into practice in their joint endeavor to realize the ASEAN Community by 2015, a top official said yesterday.

At the ongoing ASEAN summit in the Cambodian capital Phnom Penh, ASEAN Secretary-General Surin Pitsuwan said that participating leaders, in their talks, have been satisfied with the progress made in seeking regional integration.

"Some 74-75 percent of major instruments of cooperation among ASEAN members on establishing the community have been ratified by the member states," Pitsuwan said.

However, he stressed: "Each member state will have to bring the treaties to implementation and practice from regional level down to the state level."

Delegates told reporters that the AEC will be launched at the end of 2015 - December 31 - rather than on January 1, 2015 as originally envisioned.

The community would integrate the diverse nations' economies, covering trade, investment and other measures.

Thai Foreign Minister Surapong Tovichakchaikul said Cambodian Prime Minister Hun Sen had proposed the later start date and won the approval of all members. He said the ASEAN Economic Ministers Meeting had earlier agreed the implementation could begin on January 1, 2015, but the leaders agreed yesterday that much work had yet to be done.

Chinese Premier Wen Jiabao arrived in the Cambodia capital yesterday to join expanded ASEAN meetings for the next two days.

US President Barack Obama will also fly to Cambodia today to attend the so-called East Asia Summit, an annual forum where ASEAN leaders and their counterparts from eight other nations, including China and the US, would discuss security and economic concerns.

During the summit, the leaders are expected to announce the start of negotiations for an expanded free-trade area involving ASEAN member countries and six regional economic powerhouses that include China but exclude the US.

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Carbon monoxide killed 5 boys in dumpster

Posted: 18 Nov 2012 08:00 AM PST

FIVE children who were found dead inside a dumpster in southwest China were poisoned by carbon monoxide, local authorities confirmed yesterday.

Remains of burned charcoal were found inside the dumpster, indicating that the boys might have used the charcoal for heat before they died, according to sources with the publicity department of the Bijie City Committee of the Communist Party of China in Guizhou Province.

They were believed to have been living on the street.

Autopsies showed that the boys, all aged about 10, died from carbon monoxide, and the possibility of injuries or mechanical asphyxia was ruled out, the sources said.

The bodies of the children were found by a trash collector in a dumpster along Huandong Road in Qixingguan District of Bijie City on Friday morning, according to The Beijing News.

Photos that were uploaded by Internet users showed that the dumpster is about 1.5 meters long and 1.3 meters wide, and the lid could have formed an airtight seal.

Local security authorities have identified three of the victims, all from Qixingguan District, while the confirmation of the identity of the other two is under way, the sources said.

Bijie is a mountainous city in northwest Guizhou, some 200 kilometers from the provincial capital of Guiyang.

It drizzled on Thursday night and the temperature went as low as 6 degrees Celsius, according to the local weather reports.

A further investigation into the case is under way.

The incident has triggered widespread uproar on the Internet, and the posts on Weibo, a Twitter-like microblogging service, have topped the most-viewed topics of the day, with hits exceeding 2.5 million as of 8pm yesterday.

While some netizens posted accused the local government of negligence, others said the parents of the dead children are also to blame for their lack of responsibility in looking after their kids.

"Both the government and the families of the children should take the blame for the tragedy," said a Weibo user with the screen name Fanxin Wudi.

"It reminded me of The Little Match Girl by Hans Christian Andersen. Isn't it that such things only happen in fairy tales?" another user, Saludika, said.

"What a cold world this must be for the five children!" netizen Lu Yao posted.

Reforestation restoring lushness to barren hills

Posted: 18 Nov 2012 08:00 AM PST

NIU Hentai remembers the Loess Plateau as dismal, dusty and dry seven years ago.

"There were barren hills, but see how it is flourishing now!" Niu said of the hills now dotted with plants and the land to the west checkered with brown poplars and lush forest after a municipal reforestation program.

Born in Dacaoping Village, Shanxi Province, Niu left his hometown to run a transportation business in the Inner Mongolia Autonomous Region because the land was good for nothing but grazing in his hometown, which is located at an altitude of 2,100 meters and was once home to a record 10,000 sheep.

But overgrazing and deforestation stripped away vegetation, allowing the desert to encroach upon the Loess Highlands, where Dacaoping Village is located.

"Overnight, people could not open their doors because of the sand outside," Niu recalled.

Niu chose to return home to plant trees in 2005, hoping to help restore the damaged environment that was jeopardizing grazing and to take advantage of many measures issued by the local government.

In 2003 in Shuozhou, a coal-rich city in which Dacaoping Village is located, the municipal government started encouraging villagers like Niu to contract land free of charge for five years and plant trees on barren hills.

Niu, 52, signed a contract for 800 hectares, but drought prevailed early on. Now, after seven years, Niu has planted over 1.2 million trees.

"I find relaxation just by looking at the lush forest," Niu said, adding that his fledgling forest will be fully grown in two or three years.

Government helps renew quake-hit monasteries

Posted: 18 Nov 2012 08:00 AM PST

THE Dontson Monastery has bid farewell to decades of isolation.

Young monks, including Jigme Tongdrup, have moved from makeshift tents to the rebuilt Sakyapa monastery in the quake-hit Yushu Tibetan Autonomous Prefecture in northwest China's Qinghai Province.

As part of the ongoing construction project, amid 5,000-meter-high mountains surrounding it, the days of drilling frozen rivers for water have ended thanks to newly installed pipelines. The government-funded project means tap water, electricity, roads and communications services are available for 87 monasteries, including Dontson, which was damaged by the deadly earthquake that struck Yushu in April 2010. The 7.1-magnitude quake claimed 2,698 lives and injured more than 12,000.

"Watching the 500-year-old sutra hall and monks' apartments become dilapidated overnight, I felt overwhelmed by grief," according to the director of Dontson's Management Committee, who goes by Dechen. The 42-year-old, at times, felt he would not see the monastery re-established because of a lack of money.

Dontson, like other area monasteries, used to be financed by residents. A government policy has made monasteries financially independent.

Dechen said he was surprised when the government said it would spend 990 million yuan (US$159 million) in renovating the damaged monasteries and housing the homeless after the earthquake.

Outrage as little girls don bikinis at auto show

Posted: 18 Nov 2012 08:00 AM PST

VISITORS to an auto show in central Wuhan City were shocked to see a five-year-old girl wearing only a bikini and a wig blowing them a kiss while her other hand gently caressed a car.

She was one of three child models, aged four to five, wearing bikinis and striking "sexy" poses at the auto exhibition in the Hubei Province capital last Friday.

The display may have been at attempt to amuse visitors bored with the usual array of scantily-clad young women but instead the overwhelming reaction was one of outrage.

Tens of thousands of netizens expressed their fury at the girls' parents and show organizers for "being willing to ruin their children's lives for money" and "attracting public attention by crossing the moral red line."

In a set of photos and a video recording, the three bikini girls are seen posing with other adult models. In one picture, a girl is seen trying to mimic a "sexy" pose by bending over while holding a car's rearview mirror.

The photos and the video spread like wildfire on the Internet, stirring huge waves of controversy.

"Now even little girls have fallen victims to businessmen's pursuit of profit," was one online comment.

Another netizen asked: "What kind of evil minds are driving the parents and the organizers to dress the children in bikinis just to attract more eyes and satisfy pedophiles? And to those who filmed and pictured them, where is their conscience?"

In a poll on Weibo.com, more than 11,700 people said the show should never have used the children as bikini models.

However, 979 people supported the show by agreeing it should introduce some new ideas.

One of the show's organizers, a woman surnamed Liu, told the Chutian Golden Newspaper that they wanted to provide a platform for the child models to "boost their confidence" and the performances were agreed to by all of their parents. Besides the three bikini models, two other girls presented Latin dance, she said.

Liu said that the girls presented the bikini show as part of a child model competition in which the winners could win free trips to Hong Kong and Macau. No money had been paid to the parents.

A woman surnamed Li, mother of one of the models, told the newspaper she sent her daughter to the show to help her gain confidence but now, having seen the reaction, deeply regretted her decision.

"I would never let my daughter read those online comments and I hope she still believed that it was a beautiful show. But I will never send her to such activities again," Li said.

Another of the mothers said she felt upset when reading the online comments as she felt there was nothing wrong in what the children were doing. The country doesn't ban parents from dressing their children in bikinis, she said.

Modelling was a perfectly healthy activity, she said, and suggested that netizens had "got the wrong idea."

However, some experts quoted by the newspaper said such performances could have a negative effect on the children by teaching them they could make money by exposing themselves.

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73 held in crackdown on luxury goods ring

Posted: 18 Nov 2012 08:00 AM PST

THOUSANDS of fake luxury products have been confiscated and 73 suspects detained in southern China in a crackdown on what police say was a major source of counterfeit goods.

More than 20,000 bags and suitcases purporting to be famous brands such as Louis Vuitton, Hermes and Coach were confiscated in the suspects' hideouts along with 17 manufacturing machines, 91 bank cards and deposit books, the Ministry of Public Security said.

Investigators said that more than 960,000 fake bags of various brands had been manufactured by the ring and many of them had been exported to the United States and the Middle East.

They estimated the value of the infringement of intellectual property rights case to be 5 billion yuan (US$802 million).

In January this year, police received information that the suspects, led by a man surnamed Qian, were making fake Louis Vuitton and Coach bags in Guangzhou, capital of Guangdong Province, and exporting them to countries including the United States.

Export network

Police launched an investigation and contacted US Immigration and Customs Enforcement for their help.

Throughout the next few months, police in Guangdong, Fujian and Anhui provinces mapped the gang's manufacturing, storing, transport and export network with the cooperation of the US authorities.

Police launched a raid to capture Qian and his accomplices as they tried to smuggle another batch of fake bags to the US.

Police said that in 2010 Qian rented several stores in Guangzhou to handle orders and set up more than 10 hideouts for the manufacture of fake bags and other leather items and accessories.

The gang then smuggled the fake products to the US and the Middle East with the help of overseas clients, police said.

Qian and the gang are said to have made huge profits from the business.

They had even managed to buy more than 33,000 square meters of land in Anhui Province where they were planning to build a factory, police said.

Sa Sa posts 25% H1 net rise

Posted: 18 Nov 2012 08:38 AM PST

Source: china daily via china economic net

Sa Sa International Holdings Ltd, Hong Kong 's biggest cosmetics retailer, said first-half net profit rose 25.7 percent driven by increases of same-day in-town mainland tourists, who spent more on cosmetics and other daily necessities.
Profit for the six months ended Sept 30, 2012 was HK$282.1 million ($36.39 million), up from HK$224.3 percent during the same period last year, Sa Sa told the Hong Kong stock exchange on Thursday. Turnover in the first half rose 21.2 percent to HK$3.38 billion, according to the group.

The Hong Kong-based cosmetics retailer, which has opened cosmetics stores throughout major mainland cities as well as in Singapore and Malaysia, generated about 77.9 percent of the group's turnover from its 94 shops in Hong Kong and Macao during the six months.

Although contribution from local stores was slightly down from the 79.1 percent registered last year, the group still benefited from the steady growth of inbound mainland tourists to the city, particularly the structural changes in tourist mix, said Sa Sa's Chairman Simon Kwok.

Data from Hong Kong Tourism Board showed that 56.2 percent of total mainland tourist arrivals to the city in the first nine months of 2012 are "same-day in-town tourists" who do not stay overnight in Hong Kong, significantly outpacing, for the first time, those visito rs that spend nights in the city.

As tourists who stay in-town tend to spend more money on cosmetics and other kinds of daily necessities, same-store sales of Sa Sa in the first half rose 16.8 percent, while the average sales value per mainland tourists also expanded by 10.7 percent over the same period last year.

Sa Sa opened 15 new stores and closed eight stores in Hong Kong and Macao between April and Sept, bringing the total number of shops to 94. The group aims to open its 100th store by the end of March, 2013, according to Kwok.

Although Sa Sa outperformed the overall market retail sales in the city which has seen sluggish growth in the past few months, the performance of the cosmetics retailer has also been dragged down by the heating retail rents in the city.

During the first six months , Sa Sa renewed leases for 15 existing stores in Hong Kong. Average rents for these stores surged 37 percent over the previous contracts signed three years ago, according to group.

Despite Sa Sa's mainland stores continuously losing money, reporting a loss of 17 million yuan ($2.73 million) in the first six months compared with the 16.1 million yuan loss registered for the same period last year, the group's expansion on the mainland will not be affected, according to Kwok, who added that it is such a huge market that it is worth investing.

Sa Sa plans to open another nine stores in the second half of the year to make a total of 62 on the mainland by the end of March in 2013. The number of stores in Taiwan , Singapore and Malaysia are also expected to reach 30, 21 and 51 from the current 27, 20, and 49, respectively, according to the group.

China’s Xi praises Hu for voluntarily giving up power

Posted: 18 Nov 2012 08:40 AM PST

Source: Reuters

(Reuters) – China's president-in-waiting Xi Jinping has praised his predecessor Hu Jintao for voluntarily stepping down from both his party and military posts, promising to uphold his legacy of defense modernization, state media said on Saturday.

Hu, who remains China's president until March's parliament session, relinquished the much more powerful post of Communist Party boss on Thursday at the close of the once-every-five-year congress that selects the party's new leadership line-up.

The question had loomed whether Hu would stay on as head of the powerful Central Military Commission, thereby preventing a full takeover of the party and armed forces by Vice President Xi.

Hu's predecessor Jiang Zemin remained chief of the military commission for two years after Hu took over as president and party boss.

"Chairman Hu, giving full consideration to the development of the party, country and military, voluntarily proposed no longer holding the positions of party general secretary or chairman of the military commission," the official Xinhua news agency cited Xi as saying.

"The entire 18th Party Congress respected Chairman Hu's willingness (to step down), and agreed to his request," Xi said at a military commission meeting held on Friday.

"Chairman Hu's very important decision fully showed his deep consideration toward the development of the Party, the country and military, and fully showed his foresight as a Marxist statesman and strategist, and his broad mind and noble character," Xi added, using typically turgid communist phraseology.

Hu had made modernizing China's outdated, massive armed forces a key platform of his time in office, overseeing the launch of the country's first aircraft carrier and development of stealth fighters.

Xi said the military must "work hard to promote its revolutionary modernization".

He added that the party must "unswervingly" remain in control of military, reflecting the leadership's determination to ensure that the People's Liberation Army remains the ultimate shield of their authority.

"Ensuring the absolute leadership of the party over the military … concerns the lasting stability of the party and the country," Xi said.


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