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Jan 21, 2012

S. Sudan to unveil pipeline plans next week -min

JUBA/BEIJING, Jan 21 (Reuters) – South Sudan will announce
plans for an oil export pipeline through East Africa next week,
a priority for the new nation because its crude is “no longer
safe” in Sudan, a government spokesman said on Saturday.

Landlocked South Sudan took about three quarters of Sudan’s
roughly 500,000 barrels per day of oil production when it
seceded from Sudan in July under a 2005 peace deal, but it still
relies on Sudan’s infrastructure to export crude.

Jan 21, 2012

Beijing begins measuring tiny air pollutants

BEIJING (Reuters) – Beijing began disclosing the amount of tiny pollution particles in the air on Saturday, in a move that could improve disclosure but alarm a public barely resigned to the capital’s choking smog.

The new measurement of particles of 2.5 micrometers or less in diameter, or PM2.5, comes after growing attention to air quality in Beijing, one of the world’s most heavily polluted capitals, from Chinese as well as foreigners.

Jan 21, 2012

China says U.S. wind tower probe to hurt cooperation

BEIJING (Reuters) – China’s Ministry of Commerce said a U.S. investigation into wind towers from China could hurt bilateral clean energy cooperation, an area the White House has been eager to develop.

The ministry hit out at a U.S. Commerce Department announcement on Thursday that it would investigate whether wind tower producers from China and Vietnam had harmed American producers by undercutting prices. Wind towers are the pylons that hold up the blades that generate wind energy.

Jan 21, 2012

China fails to divert iron ore buys from Australia, Brazil

BEIJING, Jan 21 (Reuters) – China diversified its spot
iron ore buying away from India in 2011, largely in favour of
South Africa, but failed to reduce its dependence on term
purchases from top suppliers Australia and Brazil, customs data
showed on Saturday.

Chinese planners have said for several years that iron ore
supplies from India and elsewhere could help break the dominance
of the world’s top three iron ore miners, BHP Billiton
and Rio Tinto of Australia and
Brazil’s Vale.

Jan 21, 2012

China tells Iranian delegation to return to talks

BEIJING (Reuters) – China told a visiting Iranian delegation that returning to nuclear talks was a “top priority,” the Xinhua news agency said on Saturday, in a meeting highlighting Beijing’s efforts to reduce tensions that could threaten its oil supply.

The delegation, led by Supreme National Security Council deputy secretary Ali Baqeri, visited Beijing as lawmakers in the United States moved to detail punishment of foreign banks that do business with the Iran’s central bank, the clearinghouse for its oil exports.

Jan 20, 2012

China 2011 fiscal revenue surges to record $1.6 trln

BEIJING, Jan 20 (Reuters) – China’s fiscal revenues
jumped by a quarter in 2011 to a record 10.37 trillion yuan
($1.64 trillion), China’s Ministry of Finance said on Friday,
leaving Beijing with plenty of financial firepower to help
manage an economic soft-landing.

Although Chinese governments, including Beijing and local
governments, rushed to spend almost 2 trillion yuan in December
alone, China’s full-year fiscal deficit of 519 billion still
fell short of the 900 billion yuan that had been penciled into
the budget in March.

Jan 15, 2012

Chinese Premier Wen takes aim at land seizures

BEIJING (Reuters) – Chinese Premier Wen Jiabao has called for farmers’ land rights to be protected and criticized a widespread policy of moving villagers into apartment blocks so their land can be merged into larger blocs or developed.

State-backed land grabs are a cause of deep tension across China. Ten days of protests over confiscated farmland and the death of a protest organizer in Wukan in booming Guangdong province in December drew widespread attention as a rebuff to the stability-obsessed government.

Jan 13, 2012

iPhone sales halted after shoppers pelt Apple store with eggs

BEIJING (Reuters) – Enraged Chinese shoppers pelted Apple Inc’s (AAPL.O: Quote, Profile, Research, Stock Buzz) flagship Beijing store with eggs and shoving matches broke out with police on Friday when customers were told the store would not begin sales of the iPhone 4S as scheduled.

Apple said later after the fracas at its store in Beijing’s trendy Sanlitun district that it would halt all retail sales of the latest iPhone in China for the time being, but said the phones would be available online, through its partner China Unicom (0762.HK: Quote, Profile, Research, Stock Buzz) or at official Apple resellers.

Jan 13, 2012

China iPhone sales halted after shoppers pelt Apple store

BEIJING (Reuters) – Enraged Chinese shoppers pelted Apple Inc’s flagship Beijing store with eggs and shoving matches with police broke out when customers were told the store would not begin sales of the popular iPhone 4S as scheduled.

Apple said later Friday after the botched launch at its store in Beijing’s trendy Sanlitun district that it would halt all retail sales of the latest iPhone in China for the time being, but said the phones would be available online, through its partner China Unicom or at official Apple resellers.

Jan 13, 2012

Apple halts iPhone retail sales in China

BEIJING (Reuters) – Enraged Chinese shoppers pelted Apple Inc’s flagship Beijing store with eggs and shoving matches with police broke out when customers were told the store would not begin sales of the popular iPhone 4S as scheduled.

Apple said later Friday after the botched launch at its store in Beijing’s trendy Sanlitun district that it would halt all retail sales of the latest iPhone in China for the time being, but said the phones would be available online, through its partner China Unicom or at official Apple resellers.

    • 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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