CHINA NEWS - Last Generation Network News - MONDAY MAY 1 2017

CHINA NEWS - Last Generation Network News - MONDAY MAY 1 2017

Asian nations pulled into China's orbit as Trump puts America first

Reuters - ‎2 hours ago‎
"Before, most Southeast Asian states wanted to benefit from Chinese regional economic initiatives and from American pushback against China," said Malcolm Cook, a senior fellow at the Institute of Southeast Asian Studies in Singapore. "The second part ...

China manufacturing growth slows faster than expected in April

BNN - ‎3 hours ago‎
BEIJING - Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand.

Trump warns NKorea that US, China 'won't be happy' with missile tests, hints at military action

CNBC - ‎3 hours ago‎
President Donald Trump declared on Sunday that neither the U.S. nor China would be "happy" if North Korea tested more missiles, said "we'll see" if military action would be needed to curb the country's nuclear ambitions.

The US needs to recognise China's vital role in saving it from financial ruin

South China Morning Post - ‎Apr 29, 2017‎
Within the US political establishment, China is seen as the source of many of the ills in the American economy. Headlines and campaign platforms state that China's currency manipulation has kept the renminbi artificially low and has devastated American ...

As China's Investors Rush In, Hong Kong Shares Take a Wild Ride

New York Times - ‎14 hours ago‎
A derivative of the Wall Street “Charging Bull” sculpture on the Bund in Shanghai. Stock speculators from mainland China sometimes rush to invest in the same Hong Kong shares. One trader has described the behavior as “very much a herd mentality ...

China Looks to Export Auto Overcapacity on Slow-Growth World

Wall Street Journal (subscription) - ‎5 hours ago‎
Beware global auto makers: China is getting ready to flood the world with its car exports. Last week, a number of Chinese ministries and the National Development and Reform Commission jointly announced long-term plans for the auto industry. Among the ...

As China craves more wine, this distributor is forgoing brick-and-mortar

CNBC - ‎14 hours ago‎
Today, wine accounts for just 4 percent of all alcohol consumed in China, but that's increasing at a rapid rate. And as those new consumers look to purchase bottles, many are turning to the internet.

Port Adelaide loses guernsey fight with Gold Coast Suns for their upcoming AFL match in China

Herald Sun - ‎1 hour ago‎
Port Adelaide has failed in its bid to prevent Gold Coast wearing red for their AFL game in China. AFL chief executive Gillon McLachlan held out hope the clubs would sort it out between themselves when he addressed the issue in March, but ultimately ...

Fox Hunt: China 'most wanted' notice has Australian family fearing witch hunt

The Sydney Morning Herald - ‎6 hours ago‎
Leafy Ethel Street, Burwood, identified as the home suburb of one of China's most wanted. Photo: Nick Moir. Ji Dongsheng was said to be living in Ethel Street, Burwood, in Sydney.

China official nonmanufacturing PMI falls in April

MarketWatch - ‎7 hours ago‎
BEIJING--China's official nonmanufacturing purchasing managers index, a measure of activity outside factory gates, fell to 54.0 in April from 55.1 in March, the National Bureau of Statistics said Sunday.

Saving China's abandoned Tulou homes

CNN - ‎13 hours ago‎
The first tulou, which are unique to southeast China's Fujian province, were built toward the end of China's Song Dynasty (960AD - 1279AD) by people from the Chinese Hakka ethnic group who fled from the north of the country via various migrations due ...

Ancient Tomb with 'Blue Monster' Mural Discovered in China

Live Science - ‎3 hours ago‎
A blue monster, a winged horse and a nude deity known as the master of wind are just a few examples of fantastic images that archaeologists recently discovered in a 1,400-year-old tomb in China. "The murals of this tomb had diversified motifs and rich ...

Holiday hush as Chinese tourists shun South Korean resort island amid THAAD missile shield row

South China Morning Post - ‎7 hours ago‎
The last time the port saw large numbers of Chinese faces may well have been March 11 when about 3,400 tourists refused to set their foot on the resort island in protest against South Korea's decision to deploy a US-developed missile defence system to ...

Anbang, Chinese Company With Global Reach, Faces New Scrutiny

New York Times - ‎2 hours ago‎
BEIJING - Wu Xiaohui, the Chinese tycoon who was in failed talks with President Trump's son-in-law, Jared Kushner, to buy into a skyscraper project in Manhattan, is fighting allegations of financial chicanery and has threatened to sue a Chinese ...

"Could've been China," Trump says on election hacking

CBS News - ‎14 hours ago‎
WASHINGTON -- President Donald Trump said it "could've been China" that was responsible for 2016 presidential election hacking.

China's Role in Post-Hegemonic Middle East

RealClearWorld - ‎4 hours ago‎
Dr. John Calabrese teaches U.S. foreign policy at American University and is director of the Middle East Institute's Middle East-Asia Project (MAP).

China leverage rising at 'alarming pace': central bank official

Reuters - ‎6 hours ago‎
The official Xinhua news agency on Monday cited Xu Zhong, head of the People's Bank of China's (PBOC) research bureau, as saying the country needed to deleverage at a "proper pace" to reduce financial sector debt and avoid systemic financial risk.

Balance of Power: China's Long Game

Bloomberg - ‎4 hours ago‎
China is slowly winning the long game in Southeast Asia. As the Trump administration sends mixed messages about its commitment to the region, China is wooing more and more countries with a mixture of investment and trade. Take this weekend's summit ...

China's Airlines Lead the World in Delays

Wall Street Journal (subscription) - ‎4 hours ago‎
SHANGHAI—China's sharp rise in air travel is compounding chronic flight delays here, making flying an ordeal for increasing numbers of airline passengers and threatening to choke growth in the country's booming aviation sector.

Melbourne woman catches swine flu in China

NEWS.com.au - ‎3 hours ago‎
Kerri Cosma contracted the H1N1 influenza virus some time after arriving in China on April 13 and her condition rapidly declined, her husband says on an online fundraiser.

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