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: Monopoly position - Financial Times January 26, 2015
      Financial TimesChina: Monopoly positionFinancial Timeshen US chipmaker Qualcomm was threatened with a fine of $1bn for violating China's antitrust law in 2013, it took a novel approach: it decided to defend itself. This was considered an unusual move in a country where foreign companies often simply fold ...
    • Why China Wants to Rain on Obama's India Parade - Businessweek January 26, 2015
      BusinessweekWhy China Wants to Rain on Obama's India ParadeBusinessweekPresident Barack Obama was the guest of honor today at the biggest event of the year in New Delhi. It was the annual Republic Day parade, a three-hour extravaganza of floats, marching bands, and military gear. Getting Obama to attend is a major victory ...China media: India-US ties
    • Chinese Spies Expand Operations in Taiwan - DefenseNews.com January 26, 2015
      DefenseNews.comChinese Spies Expand Operations in TaiwanDefenseNews.comTAIPEI — As relations continue to expand between China and Taiwan since the election of Taiwan President Ma Ying-jeou in 2008, so does espionage. With the 2009 Economic Cooperation Framework Agreement, cross-strait ties have flourished.and more »
    • China likely to top US for Apple iPhone sales - CNET January 26, 2015
      CNETChina likely to top US for Apple iPhone salesCNETAnalysts at UBS predict that China captured 36 percent of all iPhone shipments last quarter, compared with 24 percent in the US. That's a huge change from the same period last year, when the US held 29 percent of iPhone shipments and China 22 percent.China buying more iPhones than USCNBCAs China Becom
    • Chinese mother sells newborn boy for $7000 - CNN January 26, 2015
      CNNChinese mother sells newborn boy for $7000CNNChild trafficking is a long-standing problem in China. A traditional preference for sons and the country's one-child policy means that boys are particularly prized. Earlier this month, a Chinese man who was abducted from a vegetable market as a toddler ...Mother tries to sell baby in ChinaSydney Morning He
    • A Game Changer for China and India in Sri Lanka? - The Diplomat January 26, 2015
      The DiplomatA Game Changer for China and India in Sri Lanka?The DiplomatThe docking last September of a Chinese naval submarine in Colombo turned heads in New Delhi, just as the new government led by Prime Minister Narendra Modi was still getting up to speed. The event underlined the magnitude of Chinese influence in Sri ...and more »
    • Tesla to Roll Out New Models in China - Wall Street Journal January 26, 2015
      Wall Street JournalTesla to Roll Out New Models in ChinaWall Street JournalSHANGHAI— Tesla Motors Inc. will roll out new models in China and look to improve its operations there, even as new data added to signs that last year's Chinese performance fell below the electric-car maker's threshold for success. Tesla plans to roll ...Tesla Motors Inc To
    • China blocks virtual private network use - BBC News January 26, 2015
      BBC NewsChina blocks virtual private network useBBC NewsThree providers of Virtual Private Network (VPN) systems reported that updates to China's firewall had hindered people using their services. The providers affected are Astrill, StrongVPN and Golden Frog. Many Chinese people use VPNs to visit websites ...China Attacks VPNs, Cutting Business Off From
    • China Bull Market Masks Momentum Breakdown as Volumes Wane - Bloomberg January 26, 2015
      ForbesChina Bull Market Masks Momentum Breakdown as Volumes WaneBloombergJust below the surface of China's world-beating equity rally, signs of trouble are emerging. While the Shanghai Composite Index touched a five-year high on Friday after a 63 percent gain during the past year, other gauges of investor enthusiasm are ...China shares edge up, airlines
    • HP Shuffles Management at China Unit - Wall Street Journal January 26, 2015
      Wall Street JournalHP Shuffles Management at China UnitWall Street JournalHewlett-Packard Co. made changes to its top management at a subsidiary in China following a worker protest, highlighting the increasing difficulties U.S. companies face in doing business in the mainland amid suspicion by both countries that foreign ...HP Shuffles Management at China Un