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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    • China wants to push polluting 'sunset' industries to India - Times of India November 28, 2014
      Times of IndiaChina wants to push polluting 'sunset' industries to IndiaTimes of IndiaBEIJING: The best way to turn Prime Minister Narendra Modi's 'Make in India' a success is to absorb sunset industries with low technologies, which China is pushing out, according to an article in the Global Times newspaper, which is one of the organ
    • China bans wordplay in attempt at pun control - The Guardian November 28, 2014
      The GuardianChina bans wordplay in attempt at pun controlThe GuardianBut the order from the State Administration for Press, Publication, Radio, Film and Television says: “Radio and television authorities at all levels must tighten up their regulations and crack down on the irregular and inaccurate use of the Chinese ...Nowhere to Pun Amid China CrackdownWall
    • China Close to Launching Bank Deposit Insurance - Wall Street Journal November 28, 2014
      Wall Street JournalChina Close to Launching Bank Deposit InsuranceWall Street JournalBEIJING—China is getting close to launching a long-anticipated deposit-insurance system, a landmark overhaul that would inject greater risk into the banking sector and pave the way for eventually allowing banks to freely compete for depositors.China Focus: China stocks have
    • Black Friday is no match for China's Singles' Day - PBS NewsHour November 28, 2014
      PBS NewsHourBlack Friday is no match for China's Singles' DayPBS NewsHourIf the gluttony of Black Friday spending in the United States makes you blue, China's Singles' Day might help put things in perspective. Singles' Day, an pseudo-holiday in China on Nov. 11 (the date is composed of all single digit 1′s), was adopted in ...and mor
    • Lower oil prices a boon for China's economy - Xinhua November 28, 2014
      Lower oil prices a boon for China's economyXinhuaBEIJING, Nov. 28 (Xinhua) -- Since China replaced the United States in 2013 as the world's largest net oil importer, falling oil prices have benefited economic development. The Bank of America Merrill Lynch said that for every 10 percent fall in the ...and more »
    • Wasted investment - The Economist (blog) November 28, 2014
      Wasted investmentThe Economist (blog)HAS CHINA really blown $6.8 trillion on worthless investments over the past five years? This is the startling claim made by two Chinese government researchers that has, understandably, caused quite a stir. If true, it would mean that fully 37% of ...
    • Japan military chief urges early 'crisis management' pact with China - Reuters November 28, 2014
      ReutersJapan military chief urges early 'crisis management' pact with ChinaReuters1 of 2. Admiral Katsutoshi Kawano, chief of the Japanese Self-Defense Forces' Joint Staff, poses for pictures after an interview at the Japanese defense ministry in Tokyo November 28, 2014. Japan's highest-ranking military officer on Friday urged an ...Japan
    • Retail Investors Fuel China Stock Rally - Wall Street Journal November 28, 2014
      BloombergRetail Investors Fuel China Stock RallyWall Street JournalSHANGHAI—A five-month rally in Chinese stocks is accelerating with Shanghai racking up its best week in over four years, fueled by retail investors diving back into stocks after other popular investments in China have performed poorly. “Now that ...China Overtakes Japan as World's Second
    • China Keeps Wary Eye on Taiwan Vote - Wall Street Journal November 28, 2014
      Wall Street JournalChina Keeps Wary Eye on Taiwan VoteWall Street JournalThat's an unsettling prospect for the Chinese leadership across the Taiwan Strait on the Chinese mainland, the analysts said. Mr. Ma has forged closer economic ties between Taiwan and China, which split from each other in last century's Chinese civil war.Special Report: How Ch
    • Essential China Reading - Wall Street Journal November 27, 2014
      Wall Street JournalEssential China ReadingWall Street JournalThe Congressional U.S.-China Economic and Security Review Commission has one job: to provide a realistic view of the relationship, unfiltered by diplomatic niceties. While some of its assessments may be overstated, it always contains important ...and more »