China Current Events

Chinese News Site Updated Daily

China Current Events: May 16

Posted on | May 15, 2012 | No Comments

China to increase residential land supplies this year

China will increase residential land supplies by more than 20 percent this year in order to further restrain property prices, according to a plan released by land resource authorities Tuesday.  Read more

US launches air pollution data in Shanghai

The United States consulate in Shanghai has begun issuing its own pollution statistics, giving a much more pessimistic assessment of the city’s air quality than official Chinese data.  Read more

Chen Guangcheng makes second call to US Congress

For the second time in less than two weeks, Chinese dissident Chen Guangcheng has spoken by phone to a US congressional hearing and alleged persecution of his relatives.  Read more

China’s First Shale Gas Wells Near Production

China Petrochemical Corp. (Sinopec) says it will start to pumping gas from a shale project in the southwestern province of Sichuan in early June – the first such production in the country.  Read more

Death toll rises to 53 in storms

Authorities in northwest China have reported 53 deaths and 18 people missing as of 4 pm Monday as a result of hail and torrential rains that battered two mountainous counties in the region last week.  Read more

Insight: French architect could be pivotal figure in China scandal

An elusive French architect is emerging as a key figure in China’s biggest political scandal in two decades, with evidence suggesting he shared both an affectionate and close business relationship with the Chinese woman at the heart of the scandal.  Read more

In China, more money but not more happiness, study says

The economy may have boomed in China, but happiness hasn’t boomed along with it, according to a University of Southern California study released Monday. Happiness levels dropped and then bounced back over the last two decades, changing little on the whole even as Chinese incomes grew at least fourfold.  Read more

After slamming brakes on growth, China reaches for stimulus

Industrial production, imports and exports show signs of a slowdown. The deceleration is being felt in the U.S., especially Southern California.  Read more

High home ownership does not deter property speculation in China

One stated objective of China’s real estate control policy is to curb speculation and price increases, so that prospective buyers are able to own their own homes.  Read more

Beijing Pledges to ‘Clean Out’ Illegal Foreigners

Beijing has launched a 100-day campaign to “clean out” foreigners living or working illegally in the city amid a fervent online debate over the behavior, both good and bad, of outsiders inChina.  Read more

Video: The Business of Being Yao Ming (and His Advice to Jeremy Lin)

From owning the Shanghai Sharks to fighting for China’s wetlands, former basketball star Yao Ming has plenty of post-NBA ambitions. He tells the WSJ’s Deborah Kan why preserving his country’s environment is so important and what advice he has for New York Knick Jeremy Lin.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Aging China is becoming a swindler's paradise - Quartz April 22, 2014
      Aging China is becoming a swindler's paradiseQuartzThis week, Chinese officials released a list of the six most common illegal fundraising scams—a form of informal lending that China has recently been cracking down on—providing a snapshot of the some of the biggest worries and vulnerabilities of ... […]
    • China is a driver, not a drag, for US earnings in first quarter - Reuters April 22, 2014
      China is a driver, not a drag, for US earnings in first quarterReutersN), the fast food chain operator which gets more than half of its overall sales in China, on Tuesday reported first-quarter sales at established restaurants in China rose 9 percent, rebounding after an avian flu outbreak and a food safety scare badly ...and more » […]
    • Search for MH370 reveals a military vulnerability for China - Reuters April 22, 2014
      Search for MH370 reveals a military vulnerability for ChinaReutersChina's deployment for the search - 18 warships, smaller coastguard vessels, a civilian cargo ship and an Antarctic icebreaker - has stretched the supply lines and logistics of its rapidly expanding navy, Chinese analysts and regional military attaches ...and more » […]
    • China Mobile Profit Drops as Costs Rise With IPhone Release - Bloomberg April 22, 2014
      CNNChina Mobile Profit Drops as Costs Rise With IPhone ReleaseBloombergChina Mobile Ltd. (941), the world's largest phone company by users, posted its third straight drop in quarterly profit as expenses for subsidizing Apple Inc. (AAPL)'s iPhone and building networks increased. Net income fell 9.4 percent to about 25.24 ...No longer just a factory, […]
    • No Solution in Sight for China Shoe Factory Strike - ABC News April 22, 2014
      The GuardianNo Solution in Sight for China Shoe Factory StrikeABC NewsWorkers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike and Adidas. The on-off work stoppage at ...With terms far apart, no […]
    • China's seizure of Japanese ship has pre-World War Two roots - Reuters April 22, 2014
      BBC NewsChina's seizure of Japanese ship has pre-World War Two rootsReutersThe impoundment has created unease in Japan's government, which warns that the action could affect Japanese businesses in China. It remains unclear whether the sudden ruling by the Shanghai Maritime Court would herald the seizure of more Japanese ...China Court Impounds Japa […]
    • Tesla to build cars in China - CNNMoney April 22, 2014
      CNNMoneyTesla to build cars in ChinaCNNMoneyThe country's middle class is expanding rapidly and is increasingly interested in luxury cars. China also faces a growing air pollution problem, and the government is working to encourage the adoption of electric cars. Yet much of China lacks the ...Tesla delivers first Model S in China, Elon Musk talks expans […]
    • Boeing gets $4.6bn order from China's Shandong Airlines - BBC News April 22, 2014
      BBC NewsBoeing gets $4.6bn order from China's Shandong AirlinesBBC NewsChina's Shandong Airlines has said that it has placed an order for 50 Boeing 737 aircraft, worth $4.6bn (£2.7bn) at list prices. Chinese carriers have been looking to increase their fleets to cater for a growing domestic demand for air travel. When ...Reported Boeing deal in Chi […]
    • Investigated by China's Leaders, Powerful Family Has a Defender: Its Hometown - New York Times April 22, 2014
      Wall Street JournalInvestigated by China's Leaders, Powerful Family Has a Defender: Its HometownNew York TimesThere is little sympathy for Mr. Zhou elsewhere in China, where some online dispatches on his case make coded reference to “House of Cards,” the dark American political drama available online here. Public awareness is growing that his downfall m […]
    • 'China's Warren Buffett' Selling Off His China Assets - Forbes April 21, 2014
      'China's Warren Buffett' Selling Off His China AssetsForbesLi, reputed to be the richest man in Asia, and his family have been on a selling spree in Mainland China since last August. During that time, “Superman,” his nickname because of an almost-infallible sense of market timing, has unloaded Guangzhou's ...and more » […]