China Current Events: June 12
Posted on | June 11, 2012 | No Comments
China urges Japan to stop making new troubles over Diaoyu Islands
China on Monday urged Japan to stop causing new troubles over the Diaoyu Islands as reports say dozens of Japanese including several lawmakers had landed on the islands. Read more
Firepower bristles in South China Sea as rivalries harden
In the early years of China’s rise to economic and military prowess, the guiding principle for its government was Deng Xiaoping’s maxim: “Hide Your Strength, Bide Your Time.” Read more
China’s Wuhan city covered in mysterious haze
The Chinese metropolis of Wuhan was blanketed by thick yellowish cloud Monday, raising fears of pollution among its nine million inhabitants, residents told AFP. Read more
China to send its first woman into space
Two fighter pilots battle it out for honour of joining manned mission to Tiangong-1 space lab. Read more
Afghans say former warlord meddling in China oil deal
The Afghan government said on Monday militia loyal to army chief of staff General Abdul Rashid Dostum were disrupting oil exploration by a Chinese state firm, underlining the challenges facing foreign investors in Afghanistan. Read more
Shell Says Early Shale-Gas Drilling in China Encouraging
European oil major Royal Dutch Shell PLC (RDSA) said Tuesday that the results of early drilling for shale gas in China are encouraging and it expects shale-gas development in the country to be a profitable proposition. Read more
China Is Excluded From Waivers for Oil Trade With Iran
With less than three weeks to go before sweeping American sanctions take effect against countries and banks that do business with Iran, the Obama administration announced on Monday that it would exempt seven more nations — but not China — from the sanctions, saying the seven had “significantly reduced” purchases of Iranian oil. Read more
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China Current Events
- Global stocks fall on China growth woes, Fed concerns - Reuters May 23, 2013RTGlobal stocks fall on China growth woes, Fed concernsReutersNEW YORK (Reuters) - Stock markets worldwide fell sharply on Thursday as surprisingly weak data from China and Europe raised worries about slow growth a day after Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that ...Warning signs for China, Fed hints at curbing […]
- The wide world of hacking in China - CNET May 23, 2013New York TimesThe wide world of hacking in ChinaCNETChina has been cited for hacking into U.S. government and corporate networks for years now. And generally, the thought has been that the government is the only entity in the country actively hacking. But a new report seems to indicate that's not even ...Hackers Find China Is Land of OpportunityNew York […]
- China May Factory Output Contracts in Test for Premier - Bloomberg May 23, 2013BloombergChina May Factory Output Contracts in Test for PremierBloombergChina's manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter. The preliminary reading of 49.6 for a Purchasing Managers' Index (EC11FLAS) released today by ...China factory activity shr […]
- Wall St. drops on stimulus plan unease, China data - Reuters May 23, 2013RTT NewsWall St. drops on stimulus plan unease, China dataReutersNEW YORK (Reuters) - Stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns the U.S. Federal Reserve's stimulus may be scaled back sooner than hoped and after weak data in China.Stock futures sink, rattled by Fed, Ch […]
- Markets Rattled Amid Fears of Slowdown in Asia - New York Times May 23, 2013New York TimesMarkets Rattled Amid Fears of Slowdown in AsiaNew York TimesShares came under pressure in Asian trading after news that the manufacturing sector in China, one of the main engines of global growth in recent years, was faltering. That, along with concerns about daring shock therapy Japan is employing to restart ...China Stocks Drop Before Flash P […]
- In China, No Monetary Stimulus, Weakening Economy - Forbes May 23, 2013In China, No Monetary Stimulus, Weakening EconomyForbesChina has done nothing of the sort since 2010. And as a result, the market has shunned China, especially when you look at it from the top down. Stock pickers and niche strategies might be beating their benchmarks, but compared to the United States ... […]
- North Korea says willing to take China's advice to start talks - Reuters May 23, 2013Philly.comNorth Korea says willing to take China's advice to start talksReutersBEIJING (Reuters) - North Korea is willing to take China's advice and enter into talks, Chinese state television cited an envoy of North Korean leader Kim Jong-un as saying, following weeks of tension on the Korean peninsula after the North's latest ...Little progre […]
- China and Fed fallout to weigh on stocks - CNNMoney May 23, 2013China and Fed fallout to weigh on stocksCNNMoneyInvestors were spooked by worse-than-expected Chinese data that showed manufacturing slowed for the first time in seven months, and the latest minutes from the U.S. Federal Reserve's monetary policy meeting. "We fear that this may get very ugly, very ...and more » […]
- Japan stocks plunge on weak China data - CNNMoney May 23, 2013Voice of AmericaJapan stocks plunge on weak China dataCNNMoneyA global rally in stocks came to an abrupt halt Thursday as a 7% plunge on Japan's Nikkei index unnerved investors in Europe and set the tone for a weak opening on Wall Street. European markets fell by 2% and U.S. stock opened lower in the wake of the ...Asian, European Stocks Plunge on Negat […]
- Exclusive :China urbanization plan hits roadblock over spending fears - sources - Reuters May 23, 2013euronewsExclusive :China urbanization plan hits roadblock over spending fears - sourcesReutersBEIJING (Reuters) - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a ...China may scr […]