China Current Events

Chinese News Site Updated Daily

Current Events in China: July 7

Posted on | July 6, 2012 | No Comments

China reacts calmly to US after WTO auto complaint

China on Friday urged the United States to ensure trade disputes did not harm overall economic ties, after Washington filed a WTO complaint over Chinese duties on imported American cars.  Read more

In U.S.-China Car Clash, Obama Should Drive Harder

President Obama is right to blast China for unfair trade practices in the world’s largest auto market. But he’s aiming far too low.  While visiting a Jeep plant in Toledo on Thursday, Obama challenged China’s decision to impose special tariffs of as much as 34% on SUV imports from the U.S., valued at $3.3 billion.  Read more

Hong Kong customs officers make record 650-kg cocaine bust

Hong Kong customs officers said Friday they had made the city’s largest ever cocaine bust, after finding almost 650 kilograms of the drug — with a street value of about US$98 million — in a shipping container.  Read more

China Rate Cut Bad for Banks

Orphans pictured chained up in China

Authorities have suspended the director of an orphanage in eastern China after photographs showing two mentally disabled children shackled to furniture with metal chains were posted online.  Read more

Powering Down Coal-Fired Economic Expansion

Mountains of stockpiled coal and rising service-sector electricity demand are signs of an easing, evolving economy.  Read more

The Future Business of Multinationals in China

China plans £3bn theme park in Tibet

Authorities want to attract 15 million tourists to Tibet per year but local groups worry about damage to traditional culture.  Read more

After settling one case, Apple faces two more Chinese lawsuits

For Apple in China, it’s been one step forward and two steps back when it comes to lawsuits.  It’s an old cliche, but nothing describes Apple’s situation more accurately now that the Cupertino, Calif., tech giant has been sued by two more Chinese companies after having just come to a settlement with another.  Read more

China Rate Cut a Strong Positive for Property Market

95% of Taiwan’s elementary school students on Facebook

Around 95% of the elementary school students aged 10-12 in Taiwan have Facebook accounts, even though the social network requires individuals to be at least 13 years old to register as users of the site, according to the results of a survey released Tuesday.  Read more

 

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • China says no room for 'western values' in university education - The Guardian January 30, 2015
      The GuardianChina says no room for 'western values' in university educationThe Guardian“Never let textbooks promoting western values appear in our classes,” minister Yuan Guiren said, according to a report late Thursday by China's official Xinhua news agency. “Remarks that slander the leadership of the Communist Party of China” and ...China un
    • China's financial diplomacy - The Economist January 30, 2015
      The EconomistChina's financial diplomacyThe EconomistXI JINPING, China's president, was chummy in public when he met Nicolás Maduro in Beijing in early January (pictured), praising his Venezuelan counterpart as a “good friend of the Chinese people”. Behind closed doors, negotiations must have been far ...and more »
    • Xiaomi just wandered into a 100-year-old border dispute between China and India - Quartz January 30, 2015
      QuartzXiaomi just wandered into a 100-year-old border dispute between China and IndiaQuartzXiaomi has big plans for winning over Indian smartphone users, but that might mean losing fans at home. This week, the Chinese smartphone maker's vice president Hugo Barra posted a much-criticized photo on the Chinese microblog Weibo of the launch of ...and more »
    • China: Overborrowed and overbuilt - Financial Times January 30, 2015
      Financial TimesChina: Overborrowed and overbuiltFinancial Timeshe last time China was the world's largest economy Beijing was a city of about 700,000 people, and its Wangjing district was nothing but a jumble of barren man-made hills built to protect the capital from barbarian invaders to the north. That was 1890 ...Here is why India will keep growing f
    • China and the world - The Economist January 30, 2015
      China and the worldThe EconomistTHE International Monetary Fund is meant to be the firefighter of the world economy. Recently, though, it is China that has responded to the ringing of alarms. First, it lent Argentina cash to replenish its dwindling foreign-exchange reserves. Next ...
    • NBA Signs Deal With Chinese Internet Giant - New York Times January 30, 2015
      Wall Street JournalNBA Signs Deal With Chinese Internet GiantNew York TimesThe N.B.A. announced a five-year deal Thursday with the Chinese Internet giant Tencent Holdings Limited to carry games, highlights and other league content on its digital platforms. The deal is worth at least $500 million, said a person briefed on the ...Tencent to Become NBA's E
    • The cost of doing business in China - CNNMoney January 29, 2015
      CNNMoneyThe cost of doing business in ChinaCNNMoneyThe letter, addressed to a Chinese government council on "cyberspace affairs," was signed by the U.S. Chamber of Commerce, National Association of Manufacturers, Consumer Electronics Association and others. All have major roles in U.S.-China trade.Foreign Cyber (In)Security Takes Another Hit in Chi
    • China's new playground: America's backyard - CNBC January 29, 2015
      CNBCChina's new playground: America's backyardCNBCChina is moving into the United States' backyard—but it's not clear if this is a bad thing for anyone. Beijing is directing an increasing amount investment into Latin America, raising sphere-of-influence worries in the U.S. and trepidation among some ...
    • China Further Tightens Grip on the Internet - New York Times January 29, 2015
      New York TimesChina Further Tightens Grip on the InternetNew York TimesBEIJING — Jing Yuechen, the founder of an Internet start-up here in the Chinese capital, has no interest in overthrowing the Communist Party. But these days she finds herself cursing the nation's smothering cyberpolice as she tries — and fails — to ...Is this North Korea? Chinese net
    • Why China Is Nervous About Its Role in the World - TIME January 29, 2015
      TIMEWhy China Is Nervous About Its Role in the WorldTIMEHong Kong based Vietnamese demonstrators carry Vietnam's flag during a protest against China's territory claim in Hong Kong May 25, 2014. Around 200 people marched on Sunday to declare Paracel Islands belong to Vietnam. REUTERS/Tyrone Siu ...and more »