China Current Events

Chinese News Site Updated Daily

China Current Events: August 1

China prepares vast stimulus as slump threatens Asia China has ditched its reform strategy and prepared a vast stimulus package as the country’s soft-landing turns uncomfortably hard, with recession warnings flashing across East Asia.  Read more China shifts to capital account deficit in Q2 China’s capital and financial account shifted to a deficit of 71.4 […]

Current Events in China: July 31

China to survey surface of the Moon with Chang’e 3 in 2013 China aims to land its first probe on the Moon in the second half of next year, state media reported on Monday, the next step in an ambitious space program which includes building a space station.  Read more Chinese investment in US ‘set […]

China Current Events: July 30

Wu and He take first gold in diving competition They went into the women’s 3m synchronized springboard competition as overwhelming favorites and they didn’t disappoint: Wun Minxia and He Zi opened the diving competition in the Aquatics center with a stunning performance that hints that the Chinese diving team might be able to complete the […]

Current Events in China: July 28

Chinese man rides rickshaw to London for games It’s a tale of Olympian proportions: A man, a rickshaw, and a slow journey from a Chinese village to London through 16 countries.  Read more China steps up stimulus spending at local level China is stepping up stimulus spending at the local level seeking to counter its […]

China Current Events: July 27

Gu Kailai poisoned Neil Heywood ‘after he threatened her son’ The wife of one of China’s most senior political leaders has been charged with murdering the British businessman Neil Heywood over his alleged threat to her son’s “personal security”, state media announced yesterday.  Read more China develops attack copter, denies piracy allegations China today confirmed […]

Current Events in China: July 26

Beijing sees reshuffle amid flood scandal Beijing’s mayor and a vice mayor have resigned, state media reported Wednesday, in what is likely a routine reshuffling that comes amid public questioning of the city government’s handling of rainstorms that left at least 37 dead in the capital. Read more China to form high-speed railway network by […]

China Current Events: July 25

Slowing economy sharply weakens China’s tax revenue growth The Chinese government collected much less tax in the first half of this year as the economy expanded at its slowest pace since the depth of the global financial crisis, according to data released by the Ministry of Finance (MOF) on Tuesday.  Read more China announces South […]

Current Events in China: July 24

Beijing rains kill 37, raise debates As China’s flood-ravaged capital dealt with the aftermath of the heaviest rain in six decades Monday, including the deaths of 37 people, questions were being raised about whether the city’s push for modernization came at the expense of basic infrastructure such as drainage networks.  Read more CNOOC to buy […]

Current Events in China: July 23

Ten die as record rainfall pounds Beijing The heaviest rain to hit Beijing in over 60 years left at least 10 people dead and forced more than 50,000 to evacuate, state media said Sunday.  Read more Island row escalates as China plans to set up military garrison China announced Sunday it will establish a military […]

China Current Events: July 21

Chinese court upholds Ai Weiwei’s US$2.4 mil. tax fine A Chinese court on Friday upheld a US$2.4 million fine for tax evasion against the country’s most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken artist.  Read more China’s population […]

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    • Philippines feels force of China travel warning - BBC News October 22, 2014
      BBC NewsPhilippines feels force of China travel warningBBC NewsThe beaches and restaurants of Boracay Island are usually bustling with tourists from around the world. But this year, they are quieter than usual. A travel advisory issued by Beijing has caused a sharp fall in arrivals from China. "We are worried and ...and more »
    • China Attack Aims at iCloud, Apple's Service for Storage - New York Times October 22, 2014
      New York TimesChina Attack Aims at iCloud, Apple's Service for StorageNew York TimesHONG KONG — For Apple in China, trouble seems to be the new normal. Cybersecurity monitoring groups and security experts said on Monday that people trying to use Apple's online data storage service, known as iCloud, were the target of a new attack ...China-backed ha
    • Gough Whitlam, Ex-Premier of Australia, Dies at 98 - New York Times October 22, 2014
      New York TimesGough Whitlam, Ex-Premier of Australia, Dies at 98New York TimesSYDNEY, Australia — Gough Whitlam, a former prime minister who introduced free university education and a national health care system in Australia — and who was also known for eclipsing President Richard M. Nixon's 1972 visit to China by turning up ...Thanks for the China boom
    • China's stockmarket - The Economist (blog) October 22, 2014
      GlobalPostChina's stockmarketThe Economist (blog)AMID the sell-off in global equities over the past month, one market has made for an unlikely safe haven. While American, European and Japanese stock indices have fallen by roughly 5-9% since late September, Chinese stocks have been flat. For a market ...China stocks rise on policy support optimism, US re
    • McDonald's CEO acknowledges image problems after tough results - Reuters October 21, 2014
      MarketWatchMcDonald's CEO acknowledges image problems after tough resultsReutersMcDonald's Asia-Pacific, Middle East and Africa unit said same-restaurant sales tumbled 9.9 percent, after this summer's China supplier scandal pummeled sales around the region. Executives said same-restaurant sales in China fell 22.7 percent during ...China food s
    • UPDATE 9-Oil ends up after China demand news, fragile recovery seen - Reuters October 21, 2014
      CNBCUPDATE 9-Oil ends up after China demand news, fragile recovery seenReutersChina implied oil demand up 6.2 pct to 10.3 mln bpd in September. * China Q4 GDP growth at 7.3 pct, weakest since 2008/09 crisis (Adds API data and Brent reaction, paragraphs 5, 7). By Barani Krishnan. NEW YORK, Oct 21 (Reuters) - Brent crude oil ended ...Oil up after China demand
    • Mixed Economic Signals From China - New York Times October 21, 2014
      New York TimesMixed Economic Signals From ChinaNew York TimesOne figure that Chinese leaders study closely is the number of new jobs. Li Keqiang, China's prime minister, boasted in a speech at a World Economic Forum meeting last month that nearly 10 million urban jobs had been created in the first eight months ...China's economic growth weakest in
    • Apple's iCloud Service Is Under Attack in Mainland China - Wall Street Journal October 21, 2014
      Apple's iCloud Service Is Under Attack in Mainland ChinaWall Street JournalApple Inc. 's iCloud service for users in mainland China has been hit by an attack that could allow perpetrators to intercept and see usernames, passwords and other personal data, activists and security analysts said. Though the perpetrator's identity ...
    • China Growth Seen Slowing Sharply Over Decade - Wall Street Journal October 21, 2014
      China Growth Seen Slowing Sharply Over DecadeWall Street JournalThe truly worrisome long-term factor in China is demographic. The One-Child Policy was instituted 35 years ago. This means increasingly smaller cohorts have been joining the Chinese labor force. My back-of-envelope numbers say the labor force will ...
    • Australia set to help China seize assets of corrupt Chinese officials: reports - Reuters October 21, 2014
      BBC NewsAustralia set to help China seize assets of corrupt Chinese officials: reportsReutersSYDNEY (Reuters) - Australian police have agreed to assist China in the extradition and seizure of assets of corrupt Chinese officials who have fled with hundreds of millions of dollars in illicit funds, the Sydney Morning Herald newspaper reported.China media welcom