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


Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Is China Coming Around On Cybersecurity? - TechCrunch October 9, 2015
      TechCrunchIs China Coming Around On Cybersecurity?TechCrunchThe Chinese government arrested hackers at the request of the U.S. government just two weeks before Chinese President Xi Jinping visited the United States. The arrests, reported by the Washington Post on Friday, signal slight progress with China on ...Is China Keeping Its No-Hacking Promise?U.S. New
    • China warns US it will not allow violations of its waters - Reuters October 9, 2015
      ReutersChina warns US it will not allow violations of its watersReutersA U.S. defense official told Reuters on Thursday the United States was considering sending ships to waters inside the 12-nautical-mile zones that China claims as territory around islands it has built in the Spratly chain. Western media reports quoted U ...US Navy to China: We'll sail
    • China and Japan battle for Indonesian projects - Financial Times October 9, 2015
      Financial TimesChina and Japan battle for Indonesian projectsFinancial TimesAlthough Sino-Japanese rivalry over a mooted high-speed rail project between Jakarta and Bandung in Indonesia has received considerable media fanfare, its real significance is somewhat overstated. While seen as a political victory for China, which ...and more »
    • China is becoming a big red flag for US stocks - MarketWatch October 9, 2015
      MarketWatchChina is becoming a big red flag for US stocksMarketWatchChina is fast becoming a major source of worry for the stock market again, after commentary from a number of U.S. companies this week warned that demand from the second-largest economy may have dropped sharply over the past month. That doesn't bode ...Who's next after Yum, NuSkin C
    • China's impact cannot be ignored: Osborne - CNBC October 9, 2015
      CNBCChina's impact cannot be ignored: OsborneCNBCU.K. finance minister George Osborne said while China's economy was undoubtedly slowing, it was not the biggest risk to Britain's economic stability, and joined other economic leaders gathering in Peru for the International Monetary Fund's meeting in ...China brushes off IMF warning on
    • China opens Communist Party theme park - CNN October 9, 2015
      CNNChina opens Communist Party theme parkCNNThe capital city of China's central Hubei province has just opened a Communist Party theme park dedicated to China's homegrown heroes. Opened to the public on September 28, it's located inside the 300,000-square-meter South Lake Happiness Bay Water ...and more »
    • China's 50-Lane Traffic Jam Is Every Commuter's Worst Nightmare - CityLab October 9, 2015
      CityLabChina's 50-Lane Traffic Jam Is Every Commuter's Worst NightmareCityLabTraffic after the holidays tend to be pretty awful. But China may have just turned every driver's worst nightmare into reality as hundreds of millions of people headed home at the end of a Golden Week, a week-long national holiday. Thousands of ...Thousands stuck in 5
    • Why China doesn't mind being left out of the Trans-Pacific Partnership - USA TODAY October 9, 2015
      Wall Street JournalWhy China doesn't mind being left out of the Trans-Pacific PartnershipUSA TODAYIn case you hadn't heard, the Trans-Pacific Partnership is a really big deal — unless you're China. The largest regional trade agreement in history involves the United States and 11 countries in the Asia Pacific and the Americas, which collectivel
    • China says US human rights report biased - Reuters October 9, 2015
      ReutersChina says US human rights report biasedReutersThe U.S. Congressional-Executive Commission on China said on Thursday that it saw in China "a disturbing deterioration in human rights and rule of law conditions that pose a direct challenge to U.S. national interests and U.S.-China relations". The ...Beijing Warns US on S. China Sea PatrolsVoic
    • Study: Smoking will kill one out of three young Chinese men - CNN October 9, 2015
      CNNStudy: Smoking will kill one out of three young Chinese menCNNScientists from Oxford University, the Chinese Academy of Medical Sciences and the Chinese Center for Disease Control tracked the health effects of smoking over time in two large, geographically diverse studies. They found cigarette consumption has ...One in 3 young men in China could die from