China Current Events

Chinese News Site Updated Daily

Current Events in China: June 28

Posted on | June 27, 2012 | No Comments

Riot in Guangdong village after son of migrant worker beaten

A riot took place in a village under the jurisdcition of Zhongshan in China’s southern province of Guangdong after local officials beat a 13-year-old boy from Sichuan, Hong Kong’s Ming Pao reported on Jun. 27.  Read more

Uproar over ‘soft’ penalties after China abortion scandal

Chinese netizens and supporters of a woman forced to abort seven months into her pregnancy reacted with outrage Wednesday over the “soft” punishment meted out to officials involved in the scandal.  Read more

French architect Devillers ‘holding funds’ for Bo Xilai

A French architect who is being held by police in Phnom Penh after becoming embroiled in the fall-out from the alleged murder of a British businessman was “keeping money” for the wife of Chinese politician Bo Xilai.  Read more

China deploy surveillance ships to patrol South China Sea

China has deployed four surveillance naval ships to patrol the South China Sea in a bid to assert its sovereignty over a host islands which were also claimed by a number of states in the region as part of their exclusive economic zone.  Read more

EU, U.S., Japan seek WTO steps on China rare earths

The European Union, the United States and Japan on Wednesday requested a dispute settlement panel at the World Trade Organization (WTO) after failing to resolve a battle over China’s export restrictions on rare earth minerals.  Read more

Not Best Time to Buy Land in China Now, Hang Lung’s Chan Says

Land prices in China may drop further and it is still too early to buy land in the country, said Ronnie Chan, Chairman of Hang Lung Properties Ltd. (101), the Hong Kong developer investing at least $8.5 billion in Chinese real estate.  Read more

As U.S. Leaves, Oil-Hungry China Stuck in Middle East

Projections from the U.S. Energy Information Administration find the U.S. will drastically reduce its reliance on imported oil, in particular from the Middle East, over the next two decades, a potential victory as the U.S. has long looked to slash reliance on resources from a volatile region half a world away.  Read more

China to Overtake Silicon Valley, Claims Report

Almost half of all global executives polled believe that the technology innovation center of the world will move from Silicon Valley to another country in the next four years according to a survey published Wednesday.  Read more

2.96 bln yuan misused in affordable housing

China’s top auditor said on Wednesday that 2.96 billion yuan (470 million U.S. dollars) earmarked for affordable housing programs was intercepted or

China’s external debt crosses $751 billion

China’s external debt crossed $751 billion in March, highest since it embarked on economic reforms in 1985, even as debt ridden local governments have been barred from issuing bonds directly to raise revenues.  Read more

Draft law targets work permits

The minimum length for residential work permits for foreigners will be slashed from 180 days to just 90, according to the latest draft of a new immigration law currently under review.  Read more

embezzled last year.  Read more

 

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • China fines British drugmaker GSK $489 million, jails ex-China head - Reuters September 19, 2014
      ReutersChina fines British drugmaker GSK $489 million, jails ex-China headReutersL 3 billion yuan ($488.8 million) for paying out bribes in what is a record penalty for China, state news agency Xinhua said on Friday. A court in Changsha has also sentenced Mark Reilly, the former head of GSK in China, and other GSK executives to ...China fines GSK $492M, jail
    • Alibaba's Jack Ma: From 'crazy' to China's richest man - USA TODAY September 19, 2014
      USA TODAYAlibaba's Jack Ma: From 'crazy' to China's richest manUSA TODAYA scrawny Ma, just over 5 feet tall, was rejected by KFC and other employers in his hometown of Hangzhou in east China. He believed in the Internet's business potential when few other Chinese did. Outlandish ideas earned him the nickname "Crazy Jack Ma.Tops
    • China Promises $20 Billion Investment In India, A New Road To Kailash ... - NDTV September 19, 2014
      NDTVChina Promises $20 Billion Investment In India, A New Road To Kailash ...NDTVNew Delhi: While the border dispute and need for a resolution dominated a joint press conference after Prime Minister Narendra Modi and Chinese President Xi Jinping held one-on-one talks today, the two countries have also announced several deals and ...India Presses China to Res
    • Li Na, Two-Time Major Winner, Is Retiring With Knee Woes - New York Times September 19, 2014
      TIMELi Na, Two-Time Major Winner, Is Retiring With Knee WoesNew York TimesLi's retirement comes just over three years after she triumphed at the 2011 French Open to become the first Chinese player, and the first Asian, to win a Grand Slam singles title. She added a second Grand Slam crown in January at the Australian Open, ...Li Na, China's Tennis
    • China set to win Asia gold pricing race with new exchange - Economic Times September 19, 2014
      Economic TimesChina set to win Asia gold pricing race with new exchangeEconomic TimesSINGAPORE/SHANGHAI: China launched a gold exchange open to foreign players for the first time on Thursday, putting the world's top bullion buyer on track to win a race to set the benchmark price in Asia. The launch of the Shanghai Gold Exchange's ...China Opens Gol
    • With China Coal Ban, Has Australia's Luck Run Out? - Businessweek September 18, 2014
      BusinessweekWith China Coal Ban, Has Australia's Luck Run Out?BusinessweekAustralia missed the Great Recession. While economies in other developed countries swooned as Lehman Brothers went under, the Lucky Country kept expanding, thanks largely to the apparently endless appetite in China for Australian iron, coal, and other ...Australia at sharp end of
    • How Much Can China Offer in Africa's Ebola Crisis? - Forbes September 18, 2014
      How Much Can China Offer in Africa's Ebola Crisis?ForbesWith a total pledge of $38 million, China's assistance has been dwarfed by the $175 million given by the United States. But that has not deterred the state media from highlighting China's role in reining in the epidemic. While emphasizing the heroism ...and more »
    • Apple's iPhone 6 still one license away from elusive China launch - Reuters September 18, 2014
      ReutersApple's iPhone 6 still one license away from elusive China launchReutersThe official Xinhua news agency said on Thursday that Apple's new iPhone had been given regulatory approval for use on domestic frequencies, but the phone cannot be sold in China until a key network license is granted. The Xinhua report did not ...Apple iPhone 6 one step
    • China's house prices fall further, economic gloom deepens - Reuters September 18, 2014
      ReutersChina's house prices fall further, economic gloom deepensReuters"Today's move sends a clear and strong signal, in our view, that the People's Bank of China is more convinced that it needs to make more effort to guide interest rates lower," Barclays said. It predicted two interest rate cuts of 25 basis points each ...China Cent
    • China's President Talks Trade in India as Troops Face Off at Border - Wall Street Journal September 17, 2014
      Wall Street JournalChina's President Talks Trade in India as Troops Face Off at BorderWall Street JournalNEW DELHI—Indian and Chinese security forces were locked in a confrontation on their countries' disputed border Wednesday as China's president arrived in India on a trip aimed at boosting economic ties between the two Asian giants. In the H