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Tag: China

Now with power to long rule China, Xi beset by challenges

Now with power to long rule China, Xi beset by challenges

World
As China's leaders gather for their annual Yellow Sea retreat, the country's political waters are looking choppy. Chinese President and ruling Communist Party leader Xi Jinping is beset by economic, foreign policy and domestic political challenges just months after clearing his way to rule for as long as he wants as China's most dominant leader since Mao Zedong. Mounting criticism of the Xi administration's policies has exposed the risks he faces from amassing so much power: He's made himself a natural target for blame. "Having concentrated power, Xi is responsible for all policy setbacks and policy failures," said Joseph Cheng, a retired City University of Hong Kong professor and long-time observer of Chinese politics. Notably, Xi used to dominate state-run newspapers' front pages and t...
IHG quarterly room revenue growth accelerates on China demand

IHG quarterly room revenue growth accelerates on China demand

Finance
InterContinental Hotels Group Plc's (IHG) second-quarter room revenue growth accelerated, helped by higher demand in China, it said on Tuesday. Revenue per available room (RevPAR) rose 3.7 percent in the three months to June 30, higher than the 3.5 percent growth in first quarter and 1.5 percent a year earlier. "We've had a really strong start to the year," IHG Chief Executive Keith Barr told CNBC's "Squawk Box Europe" on Tuesday. "The number of hotel rooms we've opened up around the world is up 4.1 percent," he said, adding that underlying profit was up 8 percent and earnings per share was up 25 percent, enabling the company ...
15 detained in China rabies vaccine scandal

15 detained in China rabies vaccine scandal

Health
Chinese state media say a total of 15 people have been detained in a growing scandal over the faking of records by a rabies vaccine maker. Those detained include the CEO of Changchun Changsheng Life Sciences Ltd., which has been accused of fabricating production and inspection records following a surprise visit to company offices by inspectors last week. The other 14 were also executives at the company, state broadcaster CCTV said on Wednesday. Both President Xi Jinping and Premier Li Keqiang have demanded urgent attention to the matter, underscoring the government's concern over public outrage about a series of public health scandals, especially ones concerning children. The World Health Organization applauded the government's action, saying it shows "when regulatory oversight works wel...
'Amazing Dragon' discovery in China turns the dinosaur world on its tail

'Amazing Dragon' discovery in China turns the dinosaur world on its tail

Technology
Paleontologists have discovered the fossils of a new species of dinosaur in northwestern China. The discovery of Lingwulong shenqi, shows there was an early member of the well-known group of plant-eating dinosaurs called sauropods -- early meaning 15 million years earlier than any previously-known member of the group. The newly-discovered dinosaur was a neosauropod, a group of long-necked vegetarians that includes brontosaurus and diplodocus. It is estimated to have been between 35 and 57 feet long from head to tail. The discovery was published in the British journal, Nature Communications on Tuesday. Lingwulong shengi translates to "Amazing Dragon from Lingwu". Lingwu, is the region where they were found; long is Mandarin for 'dragon' and shenqi is Mandarin for 'amazing'. Research...
China fossil tells new supercontinent story

China fossil tells new supercontinent story

Science
A newly discovered dinosaur may be re-writing China's geological history, according to recent findings.The latest addition to the family of giant, long-necked dinosaurs known as sauropods, Lingwulong shenqi lived in the north of the country about 174 million years ago.At this time, East Asia was thought to have split from the supercontinent Pangaea. But Lingwulong may be evidence that that was not the case.Part of a subgroup called the neosauropods, which included brontosaurus, diplodocus and brachiosaurus, Lingwulong appeared exactly where it shouldn't - in northern China, 15 million years earlier than any other known dinosaurs from this group.Dr Philip Mannion from Imperial College London, an author on the study, described the ...