China Current Events

Chinese News Site Updated Daily

China Current Events: July 6

Posted on | July 5, 2012 | No Comments

China surprises with second rate cut in weeks

China’s central bank cut interest rates for the second time in a matter of weeks on Thursday, stepping up efforts to bolster an economy that last quarter probably suffered its weakest growth since the global financial crisis.  Read more

Two child-trafficking gangs eliminated in China

Chinese police on Monday broke up two major child-trafficking gangs, arrested 802 suspects and freed 181 children, the Ministry of Public Security (MPS) said Thursday.  Read more

China starts stockpiling rare earths for strategic reserves, report says

China has started stockpiling rare earths for strategic reserves, a state-backed newspaper said Thursday, in a move that may raise more worries over Beijing’s control of the coveted resources.  Read more

Chinese academics urge end to one-child policy

Leading Chinese academics have urged the country to abandon its controversial one-child policy, weeks after the case of a mother who was forced to abort her 7-month-old foetus caused widespread outrage.  Read more

China Catholic priest missing amid Vatican row

A priest in northeast China has been taken into custody, apparently due to his opposition to the ordination of a Chinese bishop who lacks the Vatican’s consent, the priest’s diocese said Thursday.  Read more

Chinese shrine seeks stock-market path to financial nirvana

Zhejiang’s Mount Putuo is latest sacred site to contemplate listing, prompting alarm over commercialisation of Chinese culture.  Read more

China Indomitable Developers – Passing the Debt Parcel

China’s property developers have shown themselves to be the great survivors of China’s economy. After two years of having sales squeezed from one end and their supply of credit squeezed from the other, the industry has so far managed to hold out against steep price cuts and significant consolidation.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • China media: Russia's rouble crisis - BBC News December 18, 2014
      BBC NewsChina media: Russia's rouble crisisBBC NewsPapers discuss China's economic ties with Russia in the wake of a sharp decline in the rouble's value against the dollar. Russia has been hit hard by the fall in oil prices and the crumble in the value of the rouble, triggering panic that the country ...U.S.-China Economic Role Reversal Roils
    • China is Planning to Purge Foreign Technology and Replace With Homegrown ... - Bloomberg December 18, 2014
      BloombergChina is Planning to Purge Foreign Technology and Replace With Homegrown ...BloombergChina is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to people familiar with the effort. The push comes ...and more »
    • Is China's economy really the largest in the world? - BBC News December 18, 2014
      BBC NewsIs China's economy really the largest in the world?BBC NewsFor the first time in more than 140 years, the US has lost the title of the world's largest economy - it has been stolen by China, according to the IMF. But how reliable are the statistics underpinning this claim? The BBC's economics editor, Robert ...China Raises Estimate of S
    • China increasingly cold to Western companies and investors - San Francisco Chronicle December 17, 2014
      China increasingly cold to Western companies and investorsSan Francisco ChronicleLocated on the Hangpu River on land that was rice paddies just decades ago, the 1,535-foot skyscraper — one of the tallest in the world — signals China's desire to emulate countries like the United States and Great Britain as modern, global powers.and more »
    • UPDATE 2-China approves imports of Viptera corn, two types of soybeans- Vilsack - Reuters December 17, 2014
      Wall Street JournalUPDATE 2-China approves imports of Viptera corn, two types of soybeans- VilsackReuters(Adds comments from Vilsack, U.S. trade negotiator). By Tom Polansek. CHICAGO Dec 17 (Reuters) - A top Chinese government official said the country has approved imports of genetically modified Agrisure Viptera corn and two varieties of biotech soybeans ..
    • What China's 2014 internet memes said about the country's hopes and fears - Quartz December 17, 2014
      QuartzWhat China's 2014 internet memes said about the country's hopes and fearsQuartzIn 2014, Chinese president Xi Jinping's crackdown on corrupt officials and activists grew harsher. Pollution, food safety worries, the threat of a real estate collapse, and a slower growing economy remained high on everyone's list of worries. And if ...
    • US Imposes Steep Tariffs on Chinese Solar Panels - New York Times December 17, 2014
      ReutersUS Imposes Steep Tariffs on Chinese Solar PanelsNew York TimesThe Commerce Department began closing a chapter in a protracted trade conflict with China over solar equipment Tuesday, approving a collection of steep tariffs on imports from China and Taiwan. The decision, intended to close a loophole that had ...US slaps hefty duties on solar goods from
    • Uber's expansion in China has been near-flawless—except it may be too late - Quartz December 17, 2014
      BloombergUber's expansion in China has been near-flawless—except it may be too lateQuartzBaidu, China's dominant search engine, today confirmed a strategic investment in Uber, the US-based on-demand car app that launched in China earlier this year. In addition to an undisclosed financial investment, Uber will be promoted on Baidu's maps ...Bai
    • Slowdown in China Bruises Economy in Latin America - New York Times December 17, 2014
      New York TimesSlowdown in China Bruises Economy in Latin AmericaNew York TimesSANTIAGO, Chile — Few people are as intensely worried about the slowing Chinese economy as Latin Americans. Not only does China buy nearly 40 percent of Chile's copper, but its once-insatiable demand helped push copper prices from $1 to $4 a pound ...and more »
    • No weddings, no funerals: China decrees new rules when singing national anthem - CNN December 15, 2014
      CNNNo weddings, no funerals: China decrees new rules when singing national anthemCNNBeijing (CNN) -- China's 1.3 billion citizens may soon find it much harder to belt out their national anthem at will. A series of rules proposed by the government will set strict limits on when, where and how "March of the Volunteers" -- the anthem of ...China