BEIJING, Aug 21 (Reuters) – China is already building, or
has approved, more than half of a $100 billion network of
high-voltage power lines to connect remote energy producing
regions to the east coast, a top official at the state grid firm
The project has been controversial with critics arguing the
State Grid Corporation of China (SGCC), the world’s
biggest utility, is betting too much on costly and untested
technology that could expose the system to black outs.
BEIJING (Reuters) – Three years ago, the mayor of China’s sprawling southwestern city of Chongqing was asked to describe how well he got along with his then boss, the ambitious Communist Party leader Bo Xilai.
“Like fish and water,” the portly Huang Qifan told reporters on the sidelines of the annual full session of parliament, using a Chinese expression meaning an almost symbiotic relationship. “Everything is great, magnificent. The whole Communist Party secretariat works smoothly together with one mind.”
BEIJING (Reuters) – One of the charges against disgraced Chinese politician Bo Xilai relates to his flouting the authority of central leaders in Beijing, sources said, an allegation so sensitive that his trial could start one day sooner to hear it in secret.
The charge is abuse of power, and the accusation is that Bo challenged and ignored the will and rules of the ruling Communist Party, the sources said.
BEIJING (Reuters) – The wife of disgraced Chinese politician Bo Xilai would only agree to provide evidence against him at his trial if a deal had been reached to protect their son, two sources familiar with the situation told Reuters.
Bo, a charismatic senior leader of the Communist Party whose ambitions to join the country’s apex of power were dashed last year, goes on trial on Thursday, charged with corruption, accepting bribes and abuse of power, in China’s most divisive and dramatic case in almost four decades.
BEIJING (Reuters) – The trial of disgraced senior Chinese politician Bo Xilai will start on Thursday, when he will face charges of bribery, corruption and abuse of power in China’s most divisive and dramatic case in decades.
The long-awaited trial of Bo, 64, a “princeling” son of a late vice premier who is still popular with conservatives and the disaffected, will be the country’s highest-profile hearing since the 1976 downfall of Mao Zedong’s widow, Jiang Qing, and her Gang of Four at the end of the Cultural Revolution.
BEIJING (Reuters) – China’s monthly property inflation moderated for a fourth straight month in July, although annual gains were the strongest this year, complicating policymakers’ task of trying to cool the sector without stifling growth elsewhere.
Real estate, which directly affects about 40 other business sectors in China, is considered to be one of the crucial drivers of activity in the world’s second-largest economy.
BEIJING, Aug 18 (Reuters) – China’s monthly property
inflation moderated for a fourth straight month in July,
although annual gains were the strongest this year, complicating
policymakers’ task of trying to cool the sector without stifling
Real estate, which directly affects about 40 other business
sectors in China, is considered to be one of the crucial drivers
of activity in the world’s second-largest economy.
BEIJING (Reuters) – The family of a British citizen murdered in China, whose death triggered the nation’s biggest political scandals in decades, is seeking compensation of up to $8.2 million from his convicted killer, the wife of former top leader Bo Xilai, a lawyer with knowledge of the talks said on Monday.
Bo’s wife, Gu Kailai, was jailed for life last year for the poisoning of British businessman Neil Heywood in a case that also led to a corruption probe into Bo, once a candidate for China’s top leadership team.
BEIJING (Reuters) – When a court in a coastal province renders its verdict against disgraced Chinese leader Bo Xilai in a trial that appears imminent, it could also decide the pace of economic reforms planned by the new government of President Xi Jinping.
The ideological schisms exposed last year by Bo’s extraordinary fall from power have, to a degree, hamstrung Xi, forcing him to move more slowly than he may have wanted on an ambitious program to rebalance the world’s second-largest economy, sources close to China’s leadership told Reuters.
BEIJING (Reuters) – Disgraced Chinese leader Bo Xilai has agreed to plead guilty at a trial likely to be held within weeks, three sources said, in an apparent bid to earn a more lenient sentence and allow authorities to close the door on the country’s biggest political scandal in decades.
But it was not clear if he would plead guilty to all or only some of the charges of accepting bribes, corruption and abuse of power.