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Mar 25, 2012

China diabetics raise stakes for healthcare reform

BEIJING (Reuters) – In 30 years, the Chinese people have gone from having barely enough to eat to worrying about spreading waistlines, leaving the healthcare system struggling to keep up with an exponential rise in “nobleman diseases” like diabetes.

The soaring cost of chronic disease could tax China’s effort to offer basic healthcare to 1.4 billion people. Almost one out of every eight Chinese households was racked by catastrophic health expenses in 2011, according to a paper published in medical journal The Lancet.

Mar 22, 2012

Fonterra’s new dairy farms mark a fresh start in China

TANGSHAN, China, March 22 (Reuters) – The Hangu dairy farm
was all that remained from the ruins of Fonterra’s NZ$200
million investment in China after its state-owned partner Sanlu
collapsed in 2008 following revelations that its baby formula
was contaminated by the chemical compound melamine.

The farm, on brown fields northeast of Beijing, is now the
breeding ground for a new international investment strategy by
the New Zealand company, the world’s biggest dairy exporter.

Mar 13, 2012

Beijing takes a brand-new approach to “Made in China”

BEIJING, March 13 (Reuters) – Two new Chinese LCD
screens in Beijing’s imposing Great Hall of the People have
replaced screens made by a Japanese competitor, in a sign of
resolve to supply the world with Chinese brands and not just
Made in China products.

The screens, installed for the annual session of parliament
ending on Wednesday, are made by Chinese electronics giant TCL.
At 110 inches, they are the world’s largest, just a touch wider
than the 108-inch Panasonic models they replaced.

Mar 13, 2012

China gives its homegrown brands a boost

BEIJING, March 13 (Reuters) – Two new Chinese LCD
screens in Beijing’s imposing Great Hall of the People have
replaced screens made by a Japanese competitor, in a sign of
resolve to supply the world with Chinese brands and not just
Made in China products.

The screens, installed for the annual session of parliament
ending on Wednesday, are made by Chinese electronics giant TCL.
At 110 inches, they are the world’s largest, just a touch wider
than the 108-inch Panasonic models they replaced.

Mar 7, 2012

China lambasts U.S. trade bill, won’t adjust yuan

BEIJING (Reuters) – A U.S. trade bill targeting Chinese imports goes against international rules and Beijing will not adjust the value of its currency to try to bridge a trade deficit that is Washington’s problem to fix, China’s commerce minister said on Wednesday.

President Barack Obama is set to sign the bill into law to allow duties to be imposed on subsidized goods from China and Vietnam, which the White House says will protect American jobs.

Mar 7, 2012

China pulls workers from Syria, seeks Libya compensation

BEIJING, March 7 (Reuters) – China is bringing workers
home from Syria, its Commerce Minister said on Wednesday, in an
apparent attempt to avoid a repeat of last year’s eleventh-hour
rescue of Chinese nationals from Libya when violence engulfed
the country.

Only about 100 Chinese workers will be left behind to guard
work camps and equipment, Minister Chen Deming said, without
giving figures for the total number of Chinese citizens or
projects in Syria.

Mar 2, 2012

China’s “Feed King” calls for opening corn trade

BEIJING, March 2 (Reuters) – China should redefine its
grains security policy to fully liberalise the corn trade, the
founder of the country’s largest private agricultural business
said on Friday.

China currently maintains a quota system over grains imports
in an attempt to grow almost all of its grains domestically. But
as meat consumption rises, feed companies are increasingly
chafing against the restrictions as they require more corn for
feed.

Feb 29, 2012

China’s “affordable housing” numbers don’t quite add up

SHIJIAZHUANG, China, Feb 29 (Reuters) – What do a
luxury Chinese apartment tower, a workers’ dormitory, a
low-income housing block and an empty field have in common?

They all qualify as affordable housing projects under a
government scheme that policymakers hope will cool popular anger
over high housing prices, and that analysts are counting on to
keep China’s property sector afloat.

Feb 14, 2012

China’s Wen says urgent to prevent chaos in Syria

BEIJING (Reuters) – Chinese Premier Wen Jiabao said on Tuesday it was urgent to prevent war and chaos in Syria and vowed to work through the United Nations to seek an end to civil strife in the country.

His comments came days after China and Russia blocked a draft U.N. Security Council resolution that backed an Arab plan urging Syrian President Bashar al-Assad to quit amid his government’s violent crackdown on opposition groups.

Feb 10, 2012

Beyond Chinese New Year data skew, a bear lurks

BEIJING (Reuters) – Trying to track China’s economic course during the Lunar New Year can leave analysts howling at the moon. January auto sales tumbled, yet oil imports were the third highest on record. A measure of factory activity picked up, but trade data was weak.

A closer examination of the numbers shows bearish signals lurking beneath the confusing headlines.

    • About Lucy

      "I am the Reuters Insider correspondent in China, where I have lived for ten of the last 15 years. Prior areas of coverage include political and general news, as well as commodities and energy policy and markets."
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