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

    • Sidney Rittenberg on China - The Atlantic May 24, 2013
      Sidney Rittenberg on ChinaThe AtlanticI mentioned last week that I was going to do a Q-and-A in Seattle with Sidney Rittenberg, whose first-hand exposure to US-Chinese relations probably exceeds that of any other living person. In the 1940s he was a U.S. Army translator in China; then he ... […]
    • Rosy China growth forecasts fade on further signs of slowdown - Reuters May 24, 2013
      Rosy China growth forecasts fade on further signs of slowdownReutersSources close to Beijing told Reuters this week that China's plan to spend $6.5 trillion to urbanize its economy is running into snags as the government weighs the pros and cons of another spending binge that would escalate local debt problems and ...Economics Lessons China and Brazil C […]
    • China solar companies shun home market in pursuit of margins - Fox Business May 24, 2013
      China solar companies shun home market in pursuit of marginsFox BusinessChinese solar panel makers are shunning their overcrowded home market in favor of lucrative exports, a switch that has helped to arrest a two-year slump in margins and push shares to 12-month peaks. Manufacturers such as JA Solar Holdings Co Ltd and ...and more » […]
    • Disease Outbreaks: Is China Becoming More Transparent? - The Atlantic May 24, 2013
      The AtlanticDisease Outbreaks: Is China Becoming More Transparent?The AtlanticYesterday, I testified before the Congressional-Executive Commission on China (CECC) at the "Food and Drug Safety, Public Health, and the Environment in China" hearing. My testimony focused on China's response to public health emergencies. As the ... […]
    • A tussle in China over the Communist Party bowing to the Constitution - Christian Science Monitor May 24, 2013
      Christian Science MonitorA tussle in China over the Communist Party bowing to the ConstitutionChristian Science MonitorChina's new president and head of the Communist Party Xi Jinping attends a signing ceremony with his Palestinian counterpart Mahmoud Abbas, not pictured, at the Great Hall of the People in Beijing, May 6. This week, in a salvo of strong […]
    • NKorean Envoy Delivers Letter to China's Xi - ABC News May 24, 2013
      ABC NewsNKorean Envoy Delivers Letter to China's XiABC NewsA top North Korean envoy delivered a letter from leader Kim Jong Un to Chinese President Xi Jinping on Friday and told him Pyongyang would take steps to rejoin stalled six-nation nuclear disarmament talks, in an apparent victory for Beijing's efforts ...China Tells North Korea to Return to […]
    • How Well Do China and India Know Each Other? - The Atlantic May 24, 2013
      The AtlanticHow Well Do China and India Know Each Other?The AtlanticMost of these become diplomats or analysts in think-tanks, and few have country-specific training on China or India. This means that only a handful of scholars in China possess a deep knowledge of Indian culture and history, including skills in Hindi ...China, Switzerland to Seal Free Trade. […]
    • China Outlines List of Overhauls - Wall Street Journal May 24, 2013
      LivemintChina Outlines List of OverhaulsWall Street JournalThe government will expand the scope of a shift toward using the value-added tax, replacing a heavier business tax, as a means of helping companies already struggling with slower economic growth. China is expected to adopt the tax for some parts of the ...China Money Rate Drops First Time in Two Week […]
    • Hong Kong shares slide to 4-week low on China growth concerns - Reuters May 24, 2013
      Hong Kong shares slide to 4-week low on China growth concernsReutersHONG KONG, May 24 (Reuters) - Hong Kong shares extended losses to fall to their lowest in almost a month on Friday with the property sector weak over concerns that China's economic recovery may be stalling. The Hang Seng Index slipped 0.2 percent to ...and more » […]
    • US, China Set Pact On Auditor Access - Wall Street Journal May 24, 2013
      Wall Street JournalUS, China Set Pact On Auditor AccessWall Street JournalThe U.S. and China have struck an agreement giving U.S. accounting regulators access to documents from Chinese accounting firms. The deal, expected to be announced Friday, could help U.S. regulators investigate the auditors of U.S.-listed Chinese ...China Reaches Agreement With US for […]