China Current Events

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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

 

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