South China Correspondent, Hong Kong/Guangzhou
James's Feed
Apr 16, 2014
Apr 8, 2014

Ming dynasty ‘chicken cup’ smashes record in $36 million sale

HONG KONG (Reuters) – A rare wine cup fired in the imperial kilns of China’s Ming dynasty more than 500 years ago sold on Tuesday for HK$281.2 million at a Sotheby’s sale in Hong Kong, making it one of the most expensive Chinese cultural relics ever auctioned.

The tiny porcelain cup from the Chenghua period, dating from 1465 to 1487, is painted with cocks, hens and chicks, and known simply as a ‘chicken cup’.

Mar 30, 2014
Mar 30, 2014

Over 100,000 protest in Taiwan over China trade deal

TAIPEI (Reuters) – More than 100,000 protesters took to the streets of Taiwan’s capital on Sunday as a two-week-long campaign against a trade pact with China gathered steam, piling further pressure on the island’s leader.

The rally in Taipei – where many were dressed in black and some clutched sunflowers to symbolize hope – was one of the largest in recent years in Taiwan, an island that split from China over six decades ago after a civil war.

Mar 12, 2014

How China’s official bank card is used to smuggle money

MACAU, March 12 (Reuters) – Growing numbers of Chinese are
using the country’s state-backed bankcards to illegally spirit
billions of dollars abroad, a Reuters examination has found.

This underground money is flowing across the border into the
gambling hub of Macau, a former Portuguese colony that like Hong
Kong is an autonomous region of China. And the conduit for the
cash is the Chinese government-supported payment card network,
China UnionPay.

Mar 12, 2014
Mar 12, 2014

Special Report: How China’s official bank card is used to smuggle money

MACAU (Reuters) – Growing numbers of Chinese are using the country’s state-backed bankcards to illegally spirit billions of dollars abroad, a Reuters examination has found.

This underground money is flowing across the border into the gambling hub of Macau, a former Portuguese colony that like Hong Kong is an autonomous region of China. And the conduit for the cash is the Chinese government-supported payment card network, China UnionPay.

Mar 7, 2014

Birmingham football club boss Carson Yeung jailed for 6 years

HONG KONG, March 7 (Reuters) – Hong Kong businessman Carson
Yeung was sentenced to six years in jail on Friday for money
laundering in a high-profile case that law enforcement officials
hailed as an important victory to combat money laundering in the
global financial hub.

Yeung, 54, who was found guilty by a Hong Kong court on five
counts of money-laundering some HK$721 million ($93 million)
over several years, is a flamboyant self-made millionaire and
owner of British football club Birmingham City.

Mar 6, 2014
Mar 6, 2014

China parliament head warns of western-style democracy for Hong Kong

HONG KONG (Reuters) – The head of China’s parliament warned on Thursday that importing western-style democracy for a planned direct election in Hong Kong in 2017 could lead to “disastrous” results, a delegate who attended the closed-door meeting said.

Hong Kong returned to Chinese rule in 1997 with wide-ranging autonomy, an independent judiciary and relatively free press under the formula of “one country, two systems” – along with an undated promise of full democracy, an issue never broached by the British during 150 years of colonial rule.