Bureau Chief, Vietnam
John's Feed
Oct 28, 2012

China’s Sany Heavy poised for economic “golden age”

SHANGHAI, Oct 29 (Reuters) – China’s construction equipment
sector is slowly but surely digging itself out from under a
mountain of inventory and will return to growth in the second or
third quarter of next year as the economy recovers, the
president of Sany Heavy Industry Co Ltd said.

Xiang Wenbo said that will set up the industry for a return
to high-speed growth during the 2013-2017 period, which he
expects to be a “golden age” of development in China under new
Communist Party leaders due to take office at a once-a-decade
handover in November.

Oct 28, 2012

China grassroots democracy challenge awaits new leaders

XIANGSHAN/WUKAN, China, Oct 29 (Reuters) – Hua Youjuan is an
unlikely Chinese official.

Free-spirited but driven, she left her village at age 17,
got a degree in marketing, and opened a string of businesses in
nearby cities in eastern China before settling in the coastal
boomtown of Ningbo, 160 km (100 miles) from home.

Oct 18, 2012

Nestle sales disappoint as Asian growth slows

ZURICH/SHANGHAI, Oct 18 (Reuters) – Nestle’s sales
growth slowed more than expected in the first nine months of the
year as demand cooled in the emerging markets driving the
world’s biggest food company.

Underlying sales growth at the maker of KitKat chocolate
bars and Maggi soup slowed to 6.1 percent from 6.6 percent in
the first half.

Oct 12, 2012

China Nobel winner Mo likely to steer clear of politics: translator

SHANGHAI (Reuters) – China’s newest Nobel laureate, novelist Mo Yan, could use his new-found stature to make a subtle difference in the arena of freedom of speech in China, but he is more likely to keep his head down and avoid politics, his translator said on Friday.

The 57-year-old Chinese author, who was awarded the Nobel Prize for Literature on Thursday, has achieved his success by working within a system with distinct boundaries, not ignoring them, said Howard Goldblatt, who has translated several of Mo’s works into English, including the acclaimed “Red Sorghum”. The book was later the basis for a film directed by Zhang Yimou.

Sep 17, 2012

China hurts own credibility with Xi’s vanishing act

SHANGHAI (Reuters) – China’s leader-in-waiting, Xi Jinping, did more than apparently injure his back this month – by vanishing from public without explanation for two weeks, he also wounded his own credibility.

China political experts expressed dismay over the ruling Communist Party’s handling of Xi’s ailment, which remains a state secret despite sources close to the leadership saying he did no more than hurt his back in a swimming pool.

Sep 16, 2012

Analysis: China hurts own credibility with Xi’s vanishing act

SHANGHAI (Reuters) – China’s leader-in-waiting, Xi Jinping, did more than apparently injure his back this month – by vanishing from public without explanation for two weeks, he also wounded his own credibility.

China political experts expressed dismay over the ruling Communist Party’s handling of Xi’s ailment, which remains a state secret despite sources close to the leadership saying he did no more than hurt his back in a swimming pool.

Sep 8, 2012

China’s president says infrastructure development key to recovery

VLADIVOSTOK, Russia/SHANGHAI (Reuters) – Chinese President Hu Jintao urged Asia-Pacific nations on Saturday to speed up infrastructure development to help face the “grave challenges” from the global economy, in comments that follow Beijing’s unveiling of $157 billion in such projects.

The remarks at the annual Asia Pacific Economic Cooperation (APEC) summit lent further weight to what analysts see as an increasingly vocal commitment from Beijing to stimulate the economy by leaning heavily on the construction of railroads, ports and other infrastructure.

Sep 7, 2012

Censors monkey with China art show before 18th Party Congress

SHANGHAI (Reuters) – The pot-bellied official in a tan golf shirt paused in front of a poster-sized image for a few seconds, asked a member of his entourage to make a note of it, then continued to lead the group on its awkward march through the Shanghai Exhibition Center.

A few hours later, the digitally manipulated photo of China’s legendary Monkey King facing Tiananmen Gate, by Beijing-based artist Chi Peng, was pulled from the wall, one of several works at the SH Contemporary Art Fair deemed unfit for display by Shanghai’s culture police.

Jul 28, 2012

China cancels waste project after protests turn violent

QIDONG, China, July 28 (Reuters) – Chinese officials
cancelled an industrial waste pipeline project on Saturday after
anti-pollution demonstrators occupied a government office in
eastern China, destroying computers and overturning cars.

The demonstration was the latest in a string of protests
sparked by fears of environmental degradation and highlights the
social tensions the government in Beijing faces as it approaches
a leadership transition this year.

Jul 28, 2012

Angry Chinese occupy government office, smash computers in environment protest

QIDONG, China (Reuters) – Angry demonstrators occupied a government office in eastern China on Saturday, destroying computers and overturning cars in a violent protest against an industrial waste pipeline they said would poison their coastal waters.

The demonstration was the latest in a string of protests sparked by fears of environmental degradation and highlights the social tensions the government in Beijing faces as it approaches a leadership transition this year.