Current Events in China: April 23
Posted on | April 23, 2012 | No Comments
Once-plentiful labor market now favors employees over employers
Gone are the days when Chinese companies had a plentiful labor pool to draw on. “Today China is an employee’s market, no longer an employer’s market,” according to Zheng Qinghao, China head of German company Rittal in Shanghai. Read more
US woman becomes hero for battered Chinese wives
Her head was ringing from the blows. Once, twice, three times, her husband slammed her face into the living room floor. Read more
US official ties Chinese firm to missile-linked North Korea sale
The United States believes a Chinese firm sold North Korea components for a missile transporter showcased in a military parade last weekend and will press Beijing to tighten enforcement of a U.N. ban on such military sales, a U.S. official said on Saturday. Read more
China’s leaders are cracking down on Bo Xilai and his Chongqing model
The campaign against Bo Xilai is not motivated by a desire to stop corruption or solve a murder case, but by a deep political conflict. Read more
China drug safety probe nets local council chief
A township council chief in northern China has been arrested on suspicion of ordering the torching of a factory that made gelatin capsules made from industrial waste. Read more
Car makers gear up for a tougher China market
China’s massive car market may still be young, but the auto industry CEOs descending on Beijing this week will see first hand that it’s also growing up fast. Read more
China lauds North Korea friendship despite tensions
China’s most senior diplomat has vowed to deepen ties with North Korea and praised its young leader Kim Jong-un, despite an international outcry over Pyongyang’s recent rocket launch and the possibility of a third nuclear test by the isolated state. Read more
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China Current Events
- China Housing Bubble Cools, But Prices Still Higher - Forbes May 19, 2013IBTimes.co.ukChina Housing Bubble Cools, But Prices Still HigherForbesOf the 70 major Chinese cities tracked by NBS, 67 saw home prices increase in April compared to March, with the highest growth rate at 2.1%, down from the 3.2% in March. All the first-tier cities like Shanghai and Beijing saw their price hikes slow ...China April housing inflation quickens […]
- China Police Bust Terrorist Hoax - Forbes May 19, 2013Channel News AsiaChina Police Bust Terrorist HoaxForbesChinese authorities caught a 43-year old man who made bomb threats that affected five flights bound for Shanghai on Friday. From 5:22 p.m. to 5:25 p.m. on Friday, police in the cities of Beijing, Chongqing, Shanghai, Tianjin, and Guangzhou received ...China Arrests Man Over Fake Plane Bomb ThreatsABC New […]
- China's wealthy paying cash for Eastside luxury homes - The Seattle Times May 19, 2013China's wealthy paying cash for Eastside luxury homesThe Seattle TimesEastside real-estate brokers say they've noticed a wave of affluent mainland-Chinese buyers for luxury homes in Medina, Clyde Hill and other millionaire rows in West Bellevue. Data and public records show they're right. It's part of a cash-buyer ... […]
- Film Review: 'American Dreams in China' - Variety May 19, 2013Hollywood ReporterFilm Review: 'American Dreams in China'VarietyAn aspirational drama about how three deadbeat college chums built a business empire by teaching English, Peter Chan Ho-sun's “American Dreams in China” is attractively packaged and moderately enjoyable, but nonetheless comes across as ersatz and ...American Dreams in China: Film […]
- On Hong Kong Shelves, Illicit Dirt on China's Elite - New York Times May 19, 2013New York TimesOn Hong Kong Shelves, Illicit Dirt on China's EliteNew York Times“We come here to buy books that we can't read in China,” said Huang Tao, a salesman of nutritional supplements from southeast China, who picked out a muckraking volume recently about corruption among senior party leaders. “There are so many things ... […]
- China Tries to Improve Image in a Changing Myanmar - New York Times May 18, 2013New York TimesChina Tries to Improve Image in a Changing MyanmarNew York TimesChina's ambition of transporting energy through the Indian Ocean and across the mountains of Myanmar seems close to fulfillment. Natural gas is scheduled to start flowing in July from wells deep in the Bay of Bengal through a 500-mile pipeline. Oil ...and more » […]
- From defence to loans, China eyes slew of deals during Li Keqiang's visit - Times of India May 18, 2013Times of IndiaFrom defence to loans, China eyes slew of deals during Li Keqiang's visitTimes of IndiaBEIJING: China is making a major shift towards financial diplomacy with India compared to its earlier focus on winning construction contracts and selling heavy equipment. This is revealed in the composition of the business delegation accompanying ...Chin […]
- Meet the man who is betting against China - Telegraph.co.uk May 18, 2013Telegraph.co.ukMeet the man who is betting against ChinaTelegraph.co.ukHe is listened to by institutional investors, regulators and politicians but he rarely speaks publicly. Last week, his analysis of Standard Chartered's exposure to China caused a tremble in its share price and its backers to leap to the bank's defence. […]
- Photos of Ai Weiwei's latest work, a response to China's baby milk scandal - Washington Post (blog) May 18, 2013Raw StoryPhotos of Ai Weiwei's latest work, a response to China's baby milk scandalWashington Post (blog)The work is a response to China's 2008 baby milk scandal, in which Chinese-made milk, tainted by the industrial chemical melamine, killed at least six infants and sickened 300,000 others, in many cases causing kidney damage. State media and […]
- 9 most popular USA brands sold in China - USA Today - USA TODAY May 18, 20139 most popular USA brands sold in China - USA TodayUSA TODAYBecause China is not an open market, international companies cannot compete in some sectors. According to the U.S.-China Business Council, the Chinese government currently imposes restrictions on about 100 different sectors in both manufacturing and ...and more » […]