China Current Events

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Current Events in China: July 4

Posted on | July 3, 2012 | No Comments

China rushes surveillance ships to islands claimed by Vietnam

Amid rising tensions between China and its neighbours over the disputed territories in the South China Sea, Beijing today sent four surveillance ships to the area also claimed by Vietnam after spotting a foreign fishing vessel there.  Read more

China protest against alloy plant enters third day

Residents in a city in southwest China took to the streets for a third day on Tuesday, demanding the government scrap plans for a copper alloy project they fear will poison them, in the latest unrest spurred by environmental concerns.  Read more

Freight dispute risks delay in Iran oil to China

The delivery of millions of barrels of Iranian crude to its top buyer, China, is at risk of delay due to a dispute between refining giant Sinopec and shipper National Iranian Tanker Co (NITC) over freight terms, Beijing-based sources said on Tuesday.  Read more

Expect an Immediate Fall in Hong Kong Property Prices

Jiaolong a stepping stone for China’s military sophistication

The design of the Jiaolong, China’s manned deep-sea research submersible, can provide valuable lessons to the People’s Liberation Army Navy, Fang Shujia, vice president of China Shipbuilding Industry Society, told Duowei News, a news website operated by overseas Chinese.  Read more

Taiwan to seal F-16 upgrade deal with US on July 5

Taiwan’s military said Monday that a proposal by the United States to overhaul the country’s aging F-16A/B jet fighters has passed a review and will send back the approved proposal to the US Air Force to seal the deal on July 5.  Read more

Indian navy’s IT system attacked by Chinese hackers

Sensitive data has been stolen from the computers of India’s Eastern Naval Command by Chinese hackers, reports our sister Chinese-language newspaper Want Daily.  Read more

China Slowdown Cuts Luxury Spending, Hong Kong Retailing

China’s slowdown dragged Hong Kong’s retail-sales growth to the weakest pace since 2009 as shoppers visiting from the mainland cut back on purchases of luxury goods such as jewelry and watches.  Read more

Riding Chinese Highway to Global Dominance, VW Swerves

After more than 25 years of uninterrupted market-share leadership in China—the world’s largest auto market—Volkswagen AG has seen some blemishes recently appear on the sterling resume it has been writing in the Middle Kingdom.  Read more

China’s farm produce prices continue to fall

China’s farm produce prices continued to fall last week, official figures showed Tuesday, as the country’s inflationary pressure is expected to ease further in June.  Read more

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