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Mar 22, 2010

Four Rio employees plead guilty on China bribes

SHANGHAI, March 22 (Reuters) – Four Rio Tinto <RIO.AX>
<RIO.L> executives on trial in China, including Australian
Stern Hu, pleaded guilty to taking bribes, while contesting the
amounts, lawyers at the hearing said on Monday.

Hu and three Chinese employees of giant miner Rio — Liu
Caikui, Ge Minqiang and Wang Yong — faced prosecutors in the
court in Shanghai, China’s financial hub, accused of taking
bribes and violating commercial secrets.

Mar 22, 2010

Rio employees China trial opens, guilty plea reported

SHANGHAI (Reuters) – Four employees of mining giant Rio Tinto stood trial in China on Monday, while the company’s chief executive said in Beijing that Rio remained committed to working with the key Asian customer.

Australian national Stern Hu and three Chinese employees of Rio faced prosecutors in the court in Shanghai, China’s financial hub, all accused of taking bribes and violating commercial secrets.

Mar 22, 2010
via Global News Journal

China holds Rio trial behind closed doors


The trial of four Rio Tinto employees began early on a chilly, gray Monday morning in Shanghai, when four police vans in a convoy led by a cruiser with flashing lights swept the defendants to the courthouse well before 7 am.

Quick glimpses from outside the modern courthouse are all that most outsiders will get.

Mar 21, 2010

Rio Tinto chief to speak as trial begins in Shanghai

SHANGHAI (Reuters) – The trial of four Rio Tinto employees opens on Monday in Shanghai, China’s financial hub, in a case closely watched by investors anxious over the business environment for foreign firms and their Chinese employees.

Four police vans swept into the court before 7 am on a chilly, overcast day, just as commuters were starting to work.

Mar 21, 2010

Rio executives’ trial to cast spotlight on China courts

SHANGHAI, March 21 (Reuters) – Four executives from global
miner Rio Tinto <RIO.AX> <RIO.L> will stand before a judge in
Shanghai on Monday, in a trial that will also subject China’s
judicial system to international scrutiny.

The four from Rio’s iron ore team, including Australian
citizen Stern Hu, were detained last summer at the height of
fraught negotiations over 2009 iron ore prices, creating a
furore over China’s opaque state secrets laws. They were
ultimately charged with lesser charges.

Mar 11, 2010

Urbanizing China long way from residence reform

BEIJING (Reuters) – They build the skyscrapers and lay the highways, mind the city children, sew the clothes and tend the shops, but China’s army of migrant laborers are still fundamentally aliens in the country’s bustling urban centers.

Despite a push for reform ahead of this week’s annual legislative meeting, the household registration, or hukou, system is likely to stay in place for the near future, slowing China’s rapid urbanization by denying city services to its estimated 200 million migrant workers.

Mar 8, 2010

China’s women struggle for a foothold in power

BEIJING (Reuters) – Chairman Mao famously said women hold up half the sky, but in today’s China, the half that matters, the economy, often remains out of their reach.

Women make up the backbone of production-line workers in China’s private, export-oriented factories, and gravitate to professions such as medicine, journalism and teaching.

Mar 5, 2010

Chinese artist Ai Weiwei makes Internet his medium

BEIJING (Reuters) – Ai Weiwei’s tweets gather steam early in the day, building throughout the morning into a crescendo of aphorisms, outrage and profanity.

His salvos are the loudest, most flagrantly defiant forms of speech in China today, where government controls on the Internet and traditional media constrain a civil society that nevertheless enjoys freedoms and activities unthinkable a generation ago.

Mar 4, 2010

China agri-giant New Hope expands rural loan guarantees

BEIJING, March 4 (Reuters) – China’s biggest private
agricultural firm, New Hope Group, is doubling a programme to
guarantee rural loans, as Chinese banks remain unwilling to lend
to farmers without collateral, its founder said.

China’s rural sector has long suffered from a lack of
financing, despite years of government pledges to improve access
to loans to help farmers invest and rural businesses expand.

Feb 12, 2010

North Korea not eager to return to talks: U.N. envoy

SEOUL/BEIJING (Reuters) – North Korea is “not eager” to return to six-party denuclearization talks but has not rejected the idea, a U.N. envoy said on Friday as fresh diplomatic activity raised hopes for progress on the issue.

North Korea’s chief nuclear envoy, Kim Kye-gwan, who is now in China, will make a rare visit to the United States next month, South Korea’s Yonhap news agency said earlier in the day, indicating the long-stalled talks on ending Pyongyang’s atomic ambitions might be back on track.

    • 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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