China-US China News | CHINA US Focus - Part 17
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04/26/2013

Top leaders see difficulties, challenges for economy

 China’s top leaders on Thursday pointed out difficulties and challenges facing the country, saying macro policies should be stabilized and control over micro segments loosened with better social security measures. The message by the top decision-making body of the Communist Party of China (CPC) came at a special session held Thursday morning by the Standing [...]

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04/26/2013

Study confirms poultry links to flu

CHINESE researchers have confirmed poultry as a source of H7N9 flu among humans but said they have not found any evidence of person-to-person transmission. A report in The Lancet, a medical journal, yesterday said a probe into four cases of human H7N9 influenza in China’s eastern Zhejiang Province showed that all the patients had been [...]

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04/26/2013

Onset of flood season adds to quake zone risks

Monitoring and prevention efforts will be stepped up as secondary geological events overlapping with the flood season present a tremendous challenge for disaster relief operations in Sichuan province’s quake-hit areas, said a senior official of the provincial government on Thursday. Probe teams have discovered more than 1,900 high-risk spots in Lushan and Baoxing counties, Zhong [...]

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04/26/2013

China Auto Rental Slips into Top Gear

 China Auto Rental Holdings Inc. (CAR), the largest car rental company in the country, recently eased into the fast lane. CAR, which accounts for 70 percent of the car rental business by market share, said on April 16 it signed a deal with Hertz Corp., a subsidiary of Hertz Global Holdings Inc., the second-largest U.S. [...]

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04/25/2013

Property loans accelerate, industrial lending slows in China

China saw outstanding real estate loans accelerate as of the end of March from three months earlier while industrial lending slowed, official data showed Wednesday. By the end of last month, financial institutions in China had lent 12.98 trillion yuan (2.08 trillion U.S. dollars) to the property sector, up 16.4 percent year on year, according [...]

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04/25/2013

State Asset Regulator Sets 10% Profit Target for SOEs

China’s state-owned asset regulator announced growth targets for centrally-administered state companies after a weaker-than-expected first quarter performance was reported. Jiang Jiemin, the newly appointed chairman of the State-owned Assets Supervision and Administration Commission (SASAC), said at a recent conference that securing stable growth is at the top of the central government’s agenda this year. Jiang [...]

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