SHANGHAI, July 1 (Reuters) – The Shanghai government has
shortened its list of sectors where foreign investment is to be
banned or restricted in the new Shanghai free trade zone (FTZ),
but the changes show only a slight relaxation for foreign
entrance into the Chinese markets.
A comparison shows that the Shanghai municipal government
cut the 2014 “negative list” by 27 percent, to 139 items from
190 items in the one issued last year.
SHANGHAI/LONDON, June 30 (Reuters) – GlaxoSmithKline Plc’s
tangled web of problems in China, including a sex video
of its former China chief and anonymous emails alleging
corruption, are highlighted in a lengthy draft report prepared
for the British drugs firm and seen by Reuters.
The report into the origin of the video and emails was
compiled at the request of GSK by ChinaWhys, a Shanghai-based
company founded by British investigator Peter Humphrey and his
American wife Yu Yingzeng. Presented to GSK on June 6, 2013, it
did not reach a conclusion as to who was behind the actions.
SHANGHAI, June 26 (Reuters) – Former employees are preparing
to sue Wal-Mart in China after an arbitration committee rejected
their case for better compensation than the company has offered
after closing the store where they worked in central Hunan
Dozens of workers challenged the way that Wal-Mart Stores
Inc closed the underperforming store in the city of
Changde in March and attempted negotiations for better
compensation before turning to arbitration.
SHANGHAI (Reuters) – Behind China’s biggest strike in decades last month was a new player in Chinese labor activism: management.
A previously unpublished account from inside the strike at Taiwanese shoe manufacturer Yue Yuen obtained by Reuters shows that supervisors were the first to challenge senior plant leaders about the social insurance contributions that became the focus of the dispute. Yue Yuen Industrial Holdings declined to comment.
SHANGHAI (Reuters) – Prosecutors in far western China have indicted eight people over an attack on the edge of Beijing’s Tiananmen Square last October in which a car ploughed into a crowd and caught fire, the state-run Xinhua news agency reported on Saturday.
The government of the restive region of Xinjiang also unveiled new policies to underpin a year-long, nationwide anti-terrorism campaign launched on May 25, offering rewards for weapons turned in to the police and mandating that companies hire more locals.
SHANGHAI (Reuters) – Iranian President Hassan Rouhani said on Thursday talks over Tehran’s nuclear program had reached an important and tough juncture, but an agreement was still possible by a July deadline.
The lack of progress in talks in Vienna that ended last week between Iran and United States, Russia, China, France, Britain and Germany had raised doubts over the prospects for a breakthrough by the self-imposed July 20 deadline.
MANILA/SHANGHAI (Reuters) – Vietnam and the Philippines are determined to oppose Chinese infringement of their territorial waters, Vietnamese Prime Minister Nguyen Tan Dung said on Wednesday, calling on the world to condemn China’s actions in a rare public show of unity bound to infuriate Beijing.
China is embroiled in disputes with Vietnam, the Philippines and others over boundaries in the potentially energy-rich South China Sea and has said it seeks to resolve differences in one-on-one talks with the countries involved.
SHANGHAI (Reuters) – Chinese President Xi Jinping appeared to warn some Asian nations on Wednesday about strengthening military alliances to counter China, saying this would not benefit regional security.
But he also pledged to peacefully resolve China’s disputes over territory, which have intensified in recent years, especially in the South and East China Seas.
SHANGHAI (Reuters) – China and Russia have not yet clinched a price agreement on a long-awaited multi-billion dollar gas supply contract, a Russian government official said on Tuesday, amid growing urgency for the Kremlin to seal a deal as it comes under pressure from Western nations over the crisis in Ukraine.
Russian President Vladimir Putin is on a two-day to China and expectations have run high in recent months for both parties to ink a gas supply contract for Gazprom to supply China National Petroleum Corp (CNPC) with 38 billion cubic meters (bcm) of natural gas per year for 30 years.
SHANGHAI (Reuters) – Anti-Chinese riots in Vietnam last week have raised doubts about its commitment to foreign investment, the state-run China Daily newspaper said on Monday, as China reported it had evacuated about 4,000 people from its southern neighbor.
A flare-up over disputed sovereignty in the South China Sea sparked protests in Vietnam that spiraled into a rampage of arson, destruction and looting of Chinese-owned factories, and other businesses mistaken for being Chinese.