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Aug 28, 2014

Hong Kong anti-graft agency raids home of media tycoon critical of Beijing

HONG KONG (Reuters) – Anti-corruption officers in Hong Kong on Thursday morning raided the home of Jimmy Lai, a media magnate and an outspoken critic of Beijing who has supported pro-democracy activists through his many publications.

The raids come after local media said on Wednesday that China had decided to limit 2017 elections to a handful of candidates loyal to Beijing, a move likely to escalate protests by pro-democracy activists. [ID:nH9N0QV001]

Aug 28, 2014

HK anti-graft agency raids home of media tycoon critical of Beijing

HONG KONG (Reuters) – Anti-corruption officers in Hong Kong on Thursday morning raided the home of Jimmy Lai, a media magnate and an outspoken critic of Beijing who has supported pro-democracy activists through his many publications.

The raids come after local media said on Wednesday that China had decided to limit 2017 elections to a handful of candidates loyal to Beijing, a move likely to escalate protests by pro-democracy activists.

Aug 26, 2014

Foreign judge in Hong Kong defends city’s legal independence

HONG KONG (Reuters) – A senior foreign Hong Kong judge said on Tuesday he detected no undermining of judicial independence in the global financial hub amid rising fears of interference from China.

In rare public comments from a judge on Hong Kong’s Court of Final Appeal, David Neuberger said he saw “no present problem” with the rule of law in the former British colony.

Aug 22, 2014

After food safety scares, China retailer offers baby milk insurance

HONG KONG (Reuters) – A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China.

Suning Commerce Group Ltd, which owns the Redbaby chain of stores, told Reuters it had launched the policy this week, backed by China’s second largest insurer Ping An Insurance Group.

Aug 20, 2014

China lighting company NVC seeks removal of CEO, alleging misconduct

HONG KONG, Aug 20 (Reuters) – Chinese lighting manufacturer
NVC Lighting Holding Ltd said on Wednesday it was
taking emergency measures following its chief executive’s
refusal to step down after its board of directors adopted a
resolution calling on him to quit.

NVC alleges CEO Wu Changjiang secretly signed licensing
agreements on behalf of a company subsidiary. NVC did not
disclose any details of the deals.

Aug 19, 2014

Hong Kong Law Society president resigns amid China democracy debate

HONG KONG (Reuters) – The president of Hong Kong’s Law Society resigned on Tuesday after a no-confidence vote exposed a growing determination by traditionally conservative lawyers to challenge perceived threats by Beijing to the business hub’s judicial independence.

Hundreds of thousands of people have taken to the streets of Hong Kong, a special administrative region of China, to protest against what they see as interference by Beijing in the affairs of the city, which returned to China in 1997 under a ‘one country, two systems’ style of rule.

Aug 8, 2014

Chinese activists push for safer factories after blast

HONG KONG, Aug 8 (Reuters) – More than a dozen Chinese labor
rights groups are circulating a petition pushing for safer
factory working conditions, in a bid to capitalize on public
anger over the worst industrial accident in more than year.

A room filled with metal dust exploded on Saturday at the
Kunshan Zhongrong Metal Products Co Ltd factory that polishes
wheel hubs for carmakers, including General Motors Co,
killing 75 people and injuring 185.

Aug 8, 2014

US meat supplier OSI withdraws products made in Shanghai factory

HONG KONG, Aug 8 (Reuters) – U.S. meat supplier OSI Group
LLC is withdrawing products made in a Shanghai
factory from undisclosed outlets in the wake of a food safety
scare last month that hit fast food chains McDonald’s
and Yum Brands Inc’s KFC.

“While there have been no reported illnesses linked to any
Shanghai Husi products, recovering this production is an
important step in facilitating the investigations and rebuilding
the respect and trust of our customers, the government and the
people of China,” OSI said in a statement late on Thursday.

Aug 4, 2014

Safety violations at China auto factory led to dust blast: Xinhua

HONG KONG (Reuters) – Chinese officials have blamed the chairman of a car parts factory in eastern China and local regulators for safety breaches that led to the most deadly industrial accident in a year, the official Xinhua news agency reported on Monday.

The blast at the Kunshan Zhongrong Metal Products Co Ltd factory in the city of Kunshan on Saturday killed at least 75 people and injured 185.

Jul 30, 2014

Insight – In China food testing, safety inspectors are often one step behind

SHANGHAI/HONG KONG (Reuters) – When inspectors visited Shanghai Husi Food Co Ltd earlier this summer, the production line at the plant now at the centre of an international food scandal appeared in good order, with fresh meat being handled by properly-attired workers and supervisors keeping a watchful eye over the process.

However, if they had arrived unannounced a day before, they would have found piles of blue plastic bags filled with out-of-date meat stacked around the factory floor, a worker at the facility told Reuters, adding the old meat was often added back into the mix to boost production and cut costs.

    • About Clare

      "I am based in New York and write about IPOs and wealth management. I was formerly based in San Francisco, where I wrote about tech companies."
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