China Current Events

• NSA leaker Edward Snowden: I'm not a spy for China - NBCNews.com (blog) June 17, 2013
  NBCNews.com (blog)NSA leaker Edward Snowden: I'm not a spy for ChinaNBCNews.com (blog)"If I were a Chinese spy, why wouldn't I have flown directly into Beijing? I could be living in a palace petting a phoenix by now," a writer who identified himself as Snowden said in an online question-and-answer session hosted by The Guardian newspaper. […]
• China: Massive Credit Bubble Fueled By Shadow Banking And Securitization ... - Forbes June 17, 2013
  Business InsiderChina: Massive Credit Bubble Fueled By Shadow Banking And Securitization ...ForbesThe unprecedented level of credit expansion in China has gotten to the point where it dwarfs anything we've seen before with overall credit now at about $23 trillion, making a severe banking crisis a very real possibility. With a shadow banking system ...Ye […]
• North Korea to Send Senior Envoy to China - New York Times (blog) June 17, 2013
  Voice of AmericaNorth Korea to Send Senior Envoy to ChinaNew York Times (blog)Mr. Kim, a veteran diplomat and a central figure in North Korea's negotiations with the outside world over its nuclear weapons programs, is scheduled to meet with the Chinese vice foreign minister, Zhang Yesui, in Beijing on Wednesday, a Chinese ...China and North Korea to Hol […]
• Fidelity's Anthony Bolton to Stop Managing China Fund - Bloomberg June 17, 2013
  BloombergFidelity's Anthony Bolton to Stop Managing China FundBloombergAnthony Bolton will give up managing the Fidelity China Special Situations fund and return to retirement after it failed to match the returns of the U.K. trust that made his reputation. Bolton, 63, will be succeeded by Dale Nicholls, manager of ...Fidelity's Anthony Bolton […]
• In China, a Push for Cleaner Air - New York Times (blog) June 17, 2013
  New York Times (blog)In China, a Push for Cleaner AirNew York Times (blog)China's State Council announced an ambitious package on Friday of 10 measures to combat air pollution. On Monday, Jun Ma, chief economist for greater China at Deutsche Bank and the author of the June 9 report “Big Bang Measures to Fight Air Pollution,” ...China orders firms to cur […]
• PBR beer commemorating World War II US soldiers sold only in China - Fox News June 17, 2013
  PBR beer commemorating World War II US soldiers sold only in ChinaFox NewsPabst Blue Ribbon, America's favorite hipster beer, is apparently selling a commemorative beer honoring the U.S. World War II Army -- but only in China. Brand Channel reports that the Pabst Blue Ribbon Army green beer cans come emblazoned with stars ... […]
• China Thirsts for More European Wine - Wall Street Journal June 17, 2013
  China Thirsts for More European WineWall Street JournalChinese wine distributors are scrambling to secure bottles from Europe, fearing that a trade spat between the European Union and China—the world's fifth-largest wine market—might lead to significantly higher tariffs on imported European wine. Six ...Overcapacity fuelled by subsidies threatens the wo […]
• China pressured US university to make him leave, dissident says - Reuters June 17, 2013
  Wall Street JournalChina pressured US university to make him leave, dissident saysReutersChen sparked a diplomatic crisis between the United States and China after he fled house arrest last year and sought refuge at the U.S. Embassy in Beijing. NYU helped Chen come to the United States after he expressed fears for his family's safety if ...Chen Says Chi […]
• Faltering Economy in China Dims Job Prospects for Graduates - New York Times (blog) June 17, 2013
  New York Times (blog)Faltering Economy in China Dims Job Prospects for GraduatesNew York Times (blog)HONG KONG — A record seven million students will graduate from universities and colleges across China in the coming weeks, but their job prospects appear bleak — the latest sign of a troubled Chinese economy.China will not have changed its perception of Mr Pa […]
• Bad Omens In China: Banks Default, Debt Auctions Fail - Forbes June 16, 2013
  BloombergBad Omens In China: Banks Default, Debt Auctions FailForbesOn Friday, China's Ministry of Finance sold only 9.53 billion yuan of government bills, far less than the 15 billion yuan offered. It was the first failed Finance Ministry auction since July 2011. To add insult to injury, Beijing had to pay 3.76% on ...China Banks Request Cash-Crunch Re […]