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

    • US Treasury Blasts China Over Yuan - Wall Street Journal April 15, 2014
      The West AustralianUS Treasury Blasts China Over YuanWall Street JournalThe Obama administration blasted China for its recent currency moves, saying the decline in the yuan was "unprecedented" and calling on Beijing to disclose its intervention in currency markets more regularly. The U.S. Treasury Department, in its ...China Urged by U.S. to Allow […]
    • China's Actions in Hunt for Jet Are Seen as Hurting as Much as Helping - New York Times April 15, 2014
      China's Actions in Hunt for Jet Are Seen as Hurting as Much as HelpingNew York TimesKUALA LUMPUR, Malaysia — When a Chinese government vessel took the world by surprise this month with its announcement that it had detected underwater signals that might have come from the missing Malaysia Airlines plane, China suddenly looked ... […]
    • The Fragile Middle: China's migrant workers test urbanisation drive - Financial Times April 15, 2014
      The Fragile Middle: China's migrant workers test urbanisation driveFinancial TimesXu Bo has worked in a construction gang in Beijing for four years, helping build the city apartments and skyscrapers that symbolise China's urban transformation. But when asked if he plans to settle permanently in the Chinese capital, his response is ...and more » […]
    • Malaysia Airlines Plane Search Process Shows China on Sidelines - Wall Street Journal April 15, 2014
      The Malay Mail OnlineMalaysia Airlines Plane Search Process Shows China on SidelinesWall Street JournalSHANGHAI—When civil aviation experts from around Asia huddled in January to study how they might coordinate search-and-rescue following an ocean plane crash, China's government sent word that it lacked a response program but didn't dispatch anyone […]
    • China's air pollution leading to more erratic climate for US, say scientists - The Guardian April 15, 2014
      The GuardianChina's air pollution leading to more erratic climate for US, say scientistsThe GuardianChina's air pollution could be intensifying storms over the Pacific Ocean and altering weather patterns in North America, according to scientists in the US. A team from Texas, California and Washington state has found that pollution from Asia, much o […]
    • Massive China shoe factory strike rolls on as offer falls flat - Reuters April 15, 2014
      BBC NewsMassive China shoe factory strike rolls on as offer falls flatReutersLi Qiang, a labor expert with China Labor Watch, a U.S.-based labor NGO, said the social insurance problem was longstanding and one which workers were no longer willing to tolerate, given improved legal and rights awareness. "This is a costly lesson to ...China's Yue Yuen […]
    • Bitcoin defies talk of China crackdown - CNBC.com April 15, 2014
      CNBC.comBitcoin defies talk of China crackdownCNBC.comChinese media had reported that April 15 was a possible deadline set by the People's Bank of China (PBoC) for Chinese banks to freeze the accounts of bitcoin exchanges. Chinese bitcoin companies BTC Trade and Huobi.com backed those reports last ...BitBeat: Bitcoin's Status in China Not So Black- […]
    • China Military Aims To Build Up Space Defences - Sky News April 15, 2014
      Space.comChina Military Aims To Build Up Space DefencesSky NewsChina's President has called for improvements to the country's space and air defence capabilities amid what state media says is a response to the increasing militarisation of space by the US and other rivals. Visiting air force headquarters in Beijing ...China stresses need for stabilit […]
    • China GDP Gauge Seen Showing Deeper Slowdown - Bloomberg April 15, 2014
      BloombergChina GDP Gauge Seen Showing Deeper SlowdownBloombergChina's loss of economic momentum in the first quarter was deeper than the most widely-cited data will show, according to analyst forecasts for a gauge that's gaining increasing recognition. Gross domestic product grew a seasonally adjusted 1.5 percent ...What To Watch For In China' […]
    • Housing Trouble Grows in China - Wall Street Journal April 15, 2014
      Wall Street JournalHousing Trouble Grows in ChinaWall Street JournalTim Franco for The Wall Street Journal. CHANGZHOU, China— Wu Xuesong, a professor in this city on the Yangtze, says he doubled his money on an apartment he bought as an investment some years back and is ahead on a second. Buy a third? Forget it.China Property Collapse Has BegunForbesChina Ho […]