News » Politics » China's stocks likely to rally with NPC, CPPCC meetings

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• China's stocks likely to rally with NPC, CPPCC meetings
• China's forex regulator spreads portfolio, invests in UK
• Tibetan monks self-immolate in anti-China protest
• Most people in China believe CPI will rise: poll
• Xi meets KMT's Lien Chan, stresses cross-strait ties
• Taichung to confer honorary citizenship upon Ang Lee
• Sales of Taiwan's manufacturing sector down 3.6% in 2012
• Soaring Above Hong Kong on Foot
• China's females demand the dough from boyfriends
• Yunnan 'immigrant' villagers granted legal status
• Heinz sells Long Feng in second loss-making deal in China
• Local Spring Festival gala productions get ratings boost
• Taiwanese grads from China med schools left with few options
• Vietnamese Angry Over Beijing Restaurant Racism
• North Korea Opens Mobile Internet to Foreigners
• Mandiant and China’s Hacking Strategy
• Stephen Chow's Monkey King epic stirs fond memories
• Taiwanese tomb raiders raided by police
• More Taiwanese investment to be allowed in China's markets
• German government and companies attacked by Chinese hackers

China's stocks likely to rally with NPC, CPPCC meetings Posted: 26 Feb 2013 04:58 AM PST China's stock markets are expected to perform well in March, boosted by anticipated bullish policies to be announced in the upcoming meetings of the National People's Congress (NPC) and Chinese People...

China's forex regulator spreads portfolio, invests in UK Posted: 26 Feb 2013 04:58 AM PST China's Administration of Foreign Exchange has made at least four deals in Britain through its UK-registered subsidiary Gingko Tree Investment since last year, suggesting that the Chinese regulator ha...

Tibetan monks self-immolate in anti-China protest Posted: 25 Feb 2013 05:25 PM PST Two Tibetan monks in their early twenties have set themselves on fire in protest against Chinese rule, near dozens of pilgrims who had gathered for prayers to mark the end of the Tibetan New Year festival.

Most people in China believe CPI will rise: poll Posted: 26 Feb 2013 04:30 AM PST People in China are feeling the pinch from rising prices, especially in regards to food and housing, and a majority believe prices will rise this year, an ongoing poll shows. Around 75% of respond...

Xi meets KMT's Lien Chan, stresses cross-strait ties Posted: 26 Feb 2013 04:30 AM PST Xi Jinping, general secretary of the Communist Party of China Central Committee, on Monday stressed the party's duty of and confidence in carrying forward the peaceful development of mainland-Taiwan r...

Taichung to confer honorary citizenship upon Ang Lee Posted: 26 Feb 2013 04:22 AM PST Taichung mayor Jason Hu said Monday that he will confer make Ang Lee an honorary "citizen of Taichung" after the Taiwan-born director won the 2013 Academy Award for best director for his 3-D shipwreck...

Sales of Taiwan's manufacturing sector down 3.6% in 2012 Posted: 26 Feb 2013 04:22 AM PST Taiwan's manufacturing sector saw sales fall to NT$12.78 trillion (US$432 billion) in 2012, a decrease of 3.6% from the year-earlier level, according to economics ministry statistics released Monday....

Soaring Above Hong Kong on Foot Posted: 25 Feb 2013 08:39 PM PST "Cities Without Ground," a quirky guide to Hong Kong by a trio of architects, offers a roadmap on the best way to explore the vibrant Asian hub—on foot, and high above the concrete streets.

China's females demand the dough from boyfriends Posted: 26 Feb 2013 04:06 AM PST According to a study just released by a dating website and the National Population and Family Planning of China, single women in China have different minimum monthly-income requirements for their boyf...

Yunnan 'immigrant' villagers granted legal status Posted: 26 Feb 2013 04:06 AM PST The government of Yunnan province in southwestern China has granted 86 children from Hongpotou village in Kaiyuan city the status of legal citizens, entitling them to the same nine years of free eleme...

Heinz sells Long Feng in second loss-making deal in China Posted: 26 Feb 2013 03:46 AM PST The successful acquisition of Shanghai Long Feng Food by Zhengzhou Sanquan Foods marks the second time the company has changed hands in a decade and the second time American food giant Heinz has lost ...

Local Spring Festival gala productions get ratings boost Posted: 26 Feb 2013 03:46 AM PST Local television stations and video websites in China gained a majority of market share for annual gala advertising produced for the Lunar New Year this year, as state broadcasters' own programming sa...

Taiwanese grads from China med schools left with few options Posted: 26 Feb 2013 02:38 AM PST Most Taiwanese students who earned medical degrees in China have been left with nowhere to go, our sister paper Want Daily reported on Feb. 25. Approximately 10,000 Taiwanese students have attended...

Vietnamese Angry Over Beijing Restaurant Racism Posted: 25 Feb 2013 06:00 PM PST A Beijing restaurant's refusal to serve customers from countries locked in maritime territorial disputes with China has drawn the ire of netizens from at least one of the nations—Vietnam. The restaurant has put up on its window racially charged signs in Chinese and English that said, "This shop does not welcome Japanese, Filipinos, and Vietnamese, and dogs," according  to  photo posted on the Facebook social networking site last week. The owner of the restaurant in Beijing's Houhai neighborhood, surnamed Wang, told BBC News  this week he didn't care what others felt about the sign and that he had put it up out of "patriotism." "Chinese customers support me," he said. China is currently embroiled in territorial disputes with Japan over islands in the East China Sea, and with the Philippines and Vietnam over islands in the South China Sea. Tensions with Japan over the disputes boiled over into a wave of anti-Japanese protests in Chinese cities last fall. But the restaurant's action has drawn strong criticism in Vietnam, where tensions over the Spratly and Paracel islands have sparked a series of anti-China protests over the past two years. Activists have also criticized the Vietnamese government for not standing up enough to what they see as China's "aggressive" foreign policy in the region. Dissident lawyer Le Hieu Dang said he thought Chinese authorities' should have taken action against the restaurant owner. "They should have told the restaurant to take that note off and disciplined them because that insults other people in the world. It is racism. The Beijing government should have strong measures against that," he told RFA's Vietnamese Service. "The government of Vietnam should see their true colors through this fact that they let their own people do such things." 'Bullying' neighbor He said the racism evident in the sign was similar to China's "bullying" of its smaller neighbors in its foreign policy. "I think people around the world will have strong reactions against this extreme nationalism, which shows the hatred between nations and how big country bullies small countries," he said. The photo, posted last week by a Chinese-American user from New York, drew a mixed response from netizens in China. Some blasted the restaurant's sign as nationalist racism, and others supported the restaurant owner's action. Dissident academic Tran Khue said he thought he felt the Beijing restaurant owner's actions reflected a Sinocentric attitude that he thought was common in China. "This mentality dates back so many years," he said. He said the sign was reminiscent of China's colonial era, when British-owned establishments barred Chinese from entering. "I think they are following what the English did before. The English said, 'No Chinese and no dogs,'" he said. 'Not representative' George P. Jan, a U.S.-based former professor of Chinese politics, said that the views of one restaurant owner should not be taken to represent all of China. "This sign does not represent the attitude of most Chinese people. I think it is unwise and emotional. Chinese people are not opposed to all Japanese, Filipinos, or Vietnamese indiscriminately," he said. He said nationalism could cause people to get carried away with their views. "Patriotism is a double-edged sword. On the one hand, it can unite people. But on the other, it will bring disasters to a country," he added. Xie Xuanjun, another U.S.-based scholar, said he thought the restaurant owner had succeeded more in embarrassing Chinese people than in denigrating those of other races. "The sign itself is a symbol of racism, and ironically the restaurant owner has drawn ridicule on the Chinese ourselves," he said. He asked why the restaurant owner had not refused to serve patrons from Russia, which was embroiled in a long-running dispute over islands near China's northeast until 2008. "If he refuses to serve people from Japan, the Philippines, and Vietnam because of their territorial disputes with China, why doesn't he refuse to serve Russians? Russia has grabbed more lands from China than the other three countries." "Is it because Russians are Caucasians?" he said. Rose Tang, the original poster of the photo, has asked netizens to share the photo widely in the hopes it will spark more discussion about racism. "Please share it with as many people as possible. I'm hoping pressure from the public and media will teach these guys a lesson," she said in a comment on Facebook. Reported by Thanh Quang for RFA's Vietnamese Service and by Xi Wang for the Mandarin Service.  Translated by Ping Chen. Written in English by Rachel Vandenbrink.

North Korea Opens Mobile Internet to Foreigners Posted: 25 Feb 2013 05:34 PM PST North Korea has allowed foreigners access to the Internet via the reclusive country's mobile phone network, but is keeping the service off limits to its own citizens. Tourists and foreigners living in North Korea are now able to purchase mobile SIM cards and USB modems allowing them to connect to the Internet via a 3G network run by Koryolink, which operates the country's domestic mobile phone services. Officials told the Associated Press last week that foreigners would have mobile access to the global Internet by the end of the month. North Koreans, however, will be allowed to access only certain 3G services, including SMS and MMS messaging and video calls. They will be able to subscribe to reports via their mobile phones from the state-run Rodong Sinmun newspaper. On Monday, China's Xinhua news agency said its correspondent had become the first foreigner to surf the Internet from a cell phone inside North Korea, with the journalist reporting that the new service is fast and "unrestricted." An Associate Press reporter has begun tweeting from Pyongyang and has posted a photo that is believed to be the first Instagram from a cell phone inside the country: a sepia-toned image of street-side propaganda poster praising scientists for their work on this month's nuclear test. Google visit But with 3G web access limited to foreigners, the new service will not have North Korea's growing number of mobile phone subscribers posting photos on the social media networks popular in the rest of the world unless access is opened up further. Pyongyang's new Internet policy follows a visit to North Korea last month by Google chairman Eric Schmidt, who said he had urged officials to open up the Internet and that it would be "very easy" for North Korea to enable 3G access to the public on the existing service. The government maintains an iron grip on information in North Korea, where citizens are punished for accessing foreign radio and other media, or using smuggled cell phones that operate on Chinese networks across the border. Subscribers to Koryolink, which is a joint venture with Egyptian company Orascom, has grown to some 1.8 million subscribers since launching phone services in 2008. But owning a cell phone is still a luxury in North Korea, with a basic Chinese-made Huawei mobile phone sold by Koryolink costing about U.S. $150, a huge sum for most of the country's 24 million people. The decision to allow foreigners access to the 3G Internet comes weeks after officials began allowing foreigners to bring their own cell phones into the country to use with Koryolink SIM cards. North Korea is selling data to foreigners for the equivalent of between U.S. $50 to $100 per gigabyte, plus a fee for a USB modem or SIM card and a monthly U.S. $13 SIM card charge, according to Xinhua. Reported by Rachel Vandenbrink.

Mandiant and China’s Hacking Strategy Posted: 25 Feb 2013 05:14 PM PST Last week, information security company Mandiant released a report on China's hacking and cyber spying that showed strong evidence that the Chinese Communist Party's military

Stephen Chow's Monkey King epic stirs fond memories Posted: 26 Feb 2013 12:50 AM PST Odyssey, the latest film adaptation of the legendary Monkey King story, is enjoying success at the box office and fueling waves of nostalgia among Chinese audiences. The fantasy action film, direct...

Taiwanese tomb raiders raided by police Posted: 26 Feb 2013 12:50 AM PST Police in Taiwan have busted a tomb raider ring of four suspects who have reportedly stolen NT$15 million (US$506,000) in jewelry from over 500 tombs around the country, local media reported on Feb. 2...

More Taiwanese investment to be allowed in China's markets Posted: 26 Feb 2013 12:50 AM PST More Taiwanese investment in China's stocks and bonds will be allowed in the near future, our sister newspaper Want Daily reported on Feb. 25. The China Securities Regulatory Commission will amend ...

German government and companies attacked by Chinese hackers Posted: 26 Feb 2013 12:50 AM PST Chinese hackers have recently turned their attention to the government and private enterprises in Germany, according to the Berlin-based broadcaster Deutsche Welle. Hackers from China already pose ...

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