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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