China

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Investors Love Alibaba: It Passes Facebook's Market Value

It opens 35% higher than IPO price

(Newser) - Alibaba's long-awaited debut on the New York Stock Exchange hasn't disappointed. The Chinese e-commerce behemoth opened at $92.70 per share, about 35% above its IPO price of $68, reports USA Today . The frenzied demand pushed the company's market value to $228.5 billion, ahead of even...

Biggest IPO Ever: Chinese Dynamo Alibaba Sets Price

At $68 per share, e-commerce giant will raise at least $22B

(Newser) - Alibaba, the Chinese e-commerce powerhouse , is ready to strike it rich on the New York Stock Exchange. The company priced its initial public offering of stock at $68 per share today, the top end of the expected range, setting the stage for what is expected to be the biggest ever...

City Creates Sidewalk Lane for Texting While Walking

But Chinese city says move is meant to be ironic

(Newser) - Taking a cue from an American experiment, the Chinese city of Chongqing has created a smartphone sidewalk lane, offering a path for those too engrossed in messaging and tweeting to watch where they're going. But it's apparently intended to be ironic—to remind people that it's dangerous...

24-Year-Old Discovers She&#39;s Missing Key Part of Brain
24-Year-Old Discovers She's Missing Key Part of Brain
in case you missed it

24-Year-Old Discovers She's Missing Key Part of Brain

Doctors stunned to find patient's cerebellum missing

(Newser) - The cerebellum is a pretty important part of the brain—it plays a key role in walking, among other movements—so doctors in China were more than a little surprised when a 24-year-old patient who lives a relatively normal life turned out not to have one. A CT scan revealed...

'Smart Chopsticks' Can Detect Bad Food

Chinese invention started out as April Fool's joke

(Newser) - In a country with as many tainted food scandals as China, using "smart chopsticks" could be a pretty wise move. Baidu, the Internet giant nicknamed "China's Google," unveiled the utensils at its annual conference in Beijing this week, explaining that they could detect tainted products like...

Dinosaurs May Have Had Babysitters
 Dinosaurs 
 May Have Had 
 Babysitters 
study says

Dinosaurs May Have Had Babysitters

Researchers find fossils suggesting older sibling watched younger ones

(Newser) - Even dinosaurs need a babysitter—or would that be dino-sitter? Researchers say a group of hatchlings found in a layer of rock might have been under the care of "a big brother or sister," the Philadelphia Inquirer reports. The 120-million-year-old Psittacosaurus bones were found in northeast China, the...

China to Hong Kong: No Open Elections

Protesters vow civil disobedience

(Newser) - Pro-democracy activists in Hong Kong have vowed to make good on their threat of widespread civil disobedience after Beijing crushed hopes of an open election for the territory's chief executive in 2017. China's legislature ruled that candidates must be backed by a nominating committee, a move that means...

Boy Cuts Worker's Safety Line on 8th Floor

10-year-old in China says he couldn't watch cartoons

(Newser) - A guy doing handiwork outside an apartment building in China got quite the shock when a boy severed his safety line, leaving him to dangle 100 feet above the ground, reports NPR . Why the unkind cut? The worker, named Liu, apparently made so much noise installing lights that the 10-year-old...

Panda Faked Pregnancy for Extra Bamboo

Research center calls off birth broadcast

(Newser) - A panda research center in China called off what would have been the first-ever live broadcast of a panda birth after determining that panda Ai Hin wasn't pregnant—just crafty. Pregnant pandas at the Chengdu Research Base of Giant Panda Breeding get special treatment, and while "phantom pregnancies"...

How You Could Someday Get From China to San Fran in 100 Minutes

Supersonic vessel will fly through the water in air bubble, say researchers

(Newser) - Never heard of the term “supercavitation”? China’s about to school us all with its announcement that it’s making progress on a supersonic submarine that uses this technology, theoretically giving the underwater vessel the capability to zip along at the speed of sound, reports the South China ...

Aussie MP to China: Sorry I Called You Guys Mongrels

Chinese embassy accepts apology

(Newser) - Australian billionaire and alleged politician Clive Palmer has done some serious open-minded thinking and now realizes, a week later, that calling the Chinese "mongrels" was perhaps "an insult to Chinese people everywhere," he writes in a letter to ambassador Ma Zhaoxu, the Australian reports. "I wish...

'Hungry Ghosts' Roam Hong Kong

Festival involves appeasing ghosts with everything from food to iPhones

(Newser) - Countless hungry and restless ghosts are roaming Hong Kong, and the world, to visit their living descendants, at least according to Chinese convention. In traditional Chinese belief, the seventh month of the lunar year is reserved for the Hungry Ghost festival, or Yu Lan , a raucous celebration marked by feasts...

Cobra's Severed Head Bites, Kills Chef

Snake kept functioning after decapitation

(Newser) - A chef killed a snake—but the snake had enough time to kill him back. Chef Peng Fan, of Guangdong Province in China, cut off the head of a spitting cobra as he prepared to dice its body for a soup, the Daily Mail reports. But 20 minutes later, as...

5 Arrested Over Macau Democracy Poll

Activists say Beijing fears vote

(Newser) - Police in the global gambling hub of Macau have arrested five people involved with an informal poll to measure support for direct elections of the Chinese-controlled city's leader. The five were arrested yesterday after activists kicked off the weeklong unofficial referendum inspired by a similar vote in June in...

Mr. Diplomacy: Chinese Are 'Mongrels' Who 'Shoot Own People'

Australian lawmaker Clive Palmer creates a ruckus

(Newser) - An Australian billionaire-turned-lawmaker went on live TV yesterday and demonstrated that while he's great at making money, he's not so good with diplomacy. Mining magnate Clive Palmer, whose business is in a nasty legal battle with its state-owned partner in China, got a little heated when asked about...

The Next Trend? Try a 'Facekini'

Chinese beachwear mask is getting attention in the US

(Newser) - Looking for hot new beachwear before the summer fades away? Then you might—or, let's face it, might not—try a facekini, one of those colorful masks that started drawing attention on Chinese beaches in 2012, Global Post reports. What first looks like a pastel terrorist hood has actually...

As S. Korea Welcomes Pope, North Fires Rockets

Francis stresses peace, reconciliation on first visit to Asia

(Newser) - South Korea welcomed Pope Francis today with flowers and a red carpet, as the pontiff kicked off a five-day visit in which he called for peace on the divided peninsula. North Korea, on the other hand, shot off rockets. Pyongyang fired five short-range projectiles off its east coast, including three...

China Creating New 'Theology' for Christians

One that will 'better integrate with Chinese culture,' says an official

(Newser) - The number of Christians in China is on the rise, a fact that's making the country's control-freak atheistic government quite nervous and causing tensions between police and worshipers. To address this issue, state media reports that China is creating its own Christian-based theology that will conform more closely...

Mystery of China's Terracotta Army Solved

Scientists finally figure out what binding material was used

(Newser) - Every member of First Emperor Qin Shihuang’s Terracotta Army—thousands of replicas of Chinese imperial guards rendered in clay around 221 BC—is unique and incredibly realistic, which is why they've fascinated researchers since they were discovered in 1974. Now, scientists in China say they’ve peeled back...

Strong Quake Rocks China, at Least 26 Dead

 China: 367 Dead, 
 1.8K Hurt in Quake 
UPDATED

China: 367 Dead, 1.8K Hurt in Quake

6.1 temblor is strongest to hit Yunnan in 14 years

(Newser) - The death toll in the strong earthquake that rocked southwestern China, which initially was reported at 26 people, has now risen to at least 367 and looks likely to continue to rise. Some 1,881 people are reported injured. Yunnan province's information bureau earlier reported at least 120 of...

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