China Current Events

Chinese News Site Updated Daily

China Current Events:

Posted on | March 31, 2012 | No Comments

Weibo Comments Suspended in Coup Rumour Aftermath

Following rumours of a coup by allies of dethroned Chongqing Party chief Bo Xilai, Xinhua reported on Saturday that authorities have taken action against a number of websites and individuals involved in the rumours’ spread:

Beijing’s Taxicab Contention

As economic expansion benefits China’s growing middle class, long stagnant fares are leaving Beijing’s 66,000 taxi drivers discontented. The Economist reports:

China imports present huge opportunity for the world

Measures to promote balanced trade currently being deliberated by Chinese authorities may create significant opportunities for other countries if implemented. The State Council, or China’s cabinet, said in a statement released Friday after an executive meeting that China is considering a number of policies to boost the country’s imports and improve its trade balance.

China cracks down on Web after coup rumors

China has shut down websites, made a string of arrests and punished two popular microblogs after rumors of a coup linked to a major scandal that brought down a top politician. Authorities closed 16 websites for spreading rumors of “military vehicles entering Beijing and something wrong going on in Beijing,” the official Xinhua News Agency said, citing the state Internet information office.

Reinvented Stephon Marbury wows basketball fans in China

After a 16-year roller coaster career that included spats with coaches and teammates, the mercurial Stephon Marbury has reinvented himself as the darling of Chinese basketball.  The 35-year-old American, a two-time NBA All-Star, led the Beijing Ducks to their first-ever Chinese Basketball Association (CBA) championship on Friday, falling to his knees and sobbing as 18,000 delirious fans went wild.

China opens record-breaking bridge over canyon

The world’s highest and longest tunnel-to-tunnel bridge has been completed in China.

‘I think Neil Heywood was killed… everyone’s scared’

The mystery over the death in China of Old Harrovian Neil Heywood deepens by the day, with calls for Scotland Yard to investigate allegations of poisoning.

China’s iPad maker promises more pay, fewer work hours

FOXCONN, which makes more than 40 per cent of the world’s electronics for companies such as Apple, Dell and Amazon, has promised to cut working hours in its Chinese factories and significantly increase wages.

Fraud found in major projects in China

In two separate reports, the National Audit Office announced it found evidence of improper activity in one of the country’s major natural gas pipeline projects as well as earthquake reconstruction efforts in Yushu, a prefecture in Qinghai province.

New RMB system in the works

China’s central bank has decided to develop a new international payment system to facilitate cross-border renminbi clearance among market players, Financial News, a publication run by the People’s Bank of China, reported on Friday.

A China Rent-A-Laowai Story To End All Rent-A-Laowai Stories. Trust Me On This One

The other day,  in “China: Where Nothing Is Ever Quite What It Seems. The High End Rent-A-Laowai Edition,” we wrote about a friend-client/everyday businessperson who had been “rented out” as a United States diplomat for a big Chinese banquet/occasion.

Shanghai Gets Rich As It Gets Old

There’s an old saying: China will get old before it gets rich. Shanghai is turning that adage on its head: The city is both rich and old.

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • China Will Keep Growing. Just Ask the Soviets. - New York Times October 25, 2014
      Telegraph.co.ukChina Will Keep Growing. Just Ask the Soviets.New York TimesThere has been plenty of discussion lately about signs that China's economy is slowing down, focused on details of a possible housing bubble and vast sums of bad loans that the country will have to reckon with. But put aside the challenges China faces ...China's future growt
    • Kenny G Explains His Run-In With China's Communist Party - The Atlantic October 25, 2014
      The AtlanticKenny G Explains His Run-In With China's Communist PartyThe AtlanticThe Chinese government was not amused. Hua Chunying, spokeswoman for the country's foreign ministry, issued a statement that said: “Kenny G's musical works are widely popular in China, but China's position on the illegal Occupy Central activities is ...Asia Pa
    • Weak Yen Pressures Japanese Firms Operating in China - Wall Street Journal October 25, 2014
      Wall Street JournalWeak Yen Pressures Japanese Firms Operating in ChinaWall Street JournalTOKYO—The yen's sharp decline against the yuan is clobbering some Japanese companies operating in China, forcing them to rethink their businesses there. The companies affected are those that pay wages and operating costs in yuan but earn revenue in ...and more »
    • 16 Killed in Northwest China Coal Mine Collapse - ABC News October 25, 2014
      ABC News16 Killed in Northwest China Coal Mine CollapseABC NewsA coal mine shaft collapsed in northwestern China, killing 16 miners, an official said Saturday, highlighting the persistence of safety problems in the industry despite a leveling off of demand. Another 11 miners were injured in the disaster, which ...16 dead in China coal mine collapseIrish Inde
    • China's Rail Ambitions Route to Lasting Growth - Barron's October 25, 2014
      MarketWatchChina's Rail Ambitions Route to Lasting GrowthBarron'sAt least in China, that is. As officials in Beijing struggle to keep economic growth from slowing, they've been accelerating investment in new railways, a trend that's likely to boost earnings at the handful of mainland companies that build them and ...China train companies
    • Deal Set on China-Led Infrastructure Bank - New York Times October 24, 2014
      ABC NewsDeal Set on China-Led Infrastructure BankNew York TimesThe bank, proposed a year ago by President Xi Jinping of China, is to offer financing for infrastructure projects in underdeveloped countries across Asia. China, which has promised to contribute much of the initial $50 billion in capital, sees it as a ...China, 20 Other Countries Initiate New Asi
    • Height discrimination - The Economist October 24, 2014
      The EconomistHeight discriminationThe EconomistWHEN two security guards in Dalian in north-east China got their first month's pay packet earlier this year, they questioned why each received different amounts for identical work. The company responded that one man was 5cm (two inches) taller than his ...
    • China's Submarines Add Nuclear-Strike Capability, Altering Strategic Balance - Wall Street Journal October 24, 2014
      China's Submarines Add Nuclear-Strike Capability, Altering Strategic BalanceWall Street JournalOne Sunday morning last December, China's defense ministry summoned military attachés from several embassies to its monolithic Beijing headquarters. To the foreigners' surprise, the Chinese said that one of their nuclear-powered submarines would soon
    • China Moves to Reinforce Rule of Law, With Caveats - New York Times October 23, 2014
      New York TimesChina Moves to Reinforce Rule of Law, With CaveatsNew York TimesBEIJING — Communist Party leaders, seeking to address widespread dissatisfaction with China's politicized and corrupt judiciary, endorsed a raft of legal changes on Thursday to foster a more predictable legal system while keeping the courts under the ...China Vows to Strengthe
    • To the moon and back: Lunar mission to test China's space program - CNN October 23, 2014
      CNNTo the moon and back: Lunar mission to test China's space programCNNHong Kong (CNN) -- China says it will launch an experimental spacecraft between Friday and Sunday that will orbit the moon before returning to Earth, in a first for the country's ambitious space program. The unmanned spacecraft will be launched by a ...