China Current Events

Chinese News Site Updated Daily

China Current Events: July 9

Posted on | July 8, 2012 | No Comments

Deaths, rescues at mines in Hunan province

Rescuers on Sunday pulled to safety four of about a dozen miners trapped underground for more than three days in a flooded coal mine pit in central China, while seven workers in another mine were killed by an outburst of gas.  Read more

Anti-Chinese protests in Vietnam as South China Sea tensions rise

The Vietnamese government has allowed a rare public demonstration to go ahead, a sign of Hanoi’s increasing anger with its neighbour’s aggressive stance in the South China Sea.  Read more

China hopes tourism will help douse Tibet fire

China has launched a plan to flood Tibetan towns with foreign tourists to divert the locals’ attention from rebel monks and political groups involved in anti-government agitations and demonstrations . The move involves a stupendous $4.8 billion tourism project in Lhasa , Tibet’s capital city.  Read more

China beats Russia to enter Stankovic Cup final

After two big wins over Tunisia and Australia, the Chinese basketball team proves its best form again by beating Russia 73-67 in the third game and got a berth in the final at the Stankovic Cup here on Sunday.  Read more

Developers relieved, buyers anxious as property controls begin to pay off

China’s frozen property market is showing signs of a thaw. Sales took off in the second half of June and prices are rising for the first time in months.  Read more

Overseas focus key for nonferrous metals

China will accelerate the overseas exploration of nonferrous metals to meet growing domestic demand, senior industry officials said yesterday.  Read more

Macau’s gambling junkets risk losing their game

The shadowy companies that bring China’s millionaires to the gambling tables of Macau are facing their toughest time since the 2008 collapse of Lehman Brothers, and some of the smaller players may soon drop out of the game for good.  Read more

Philippines, Japan to enhance maritime security ties

The Philippines and Japan have agreed to enhance their bilateral cooperation on “shared regional strategic concerns,” including maritime security, the Department of Foreign Affairs (DFA) said Sunday.  Read more

LV tops list of China’s most sought-after luxury brands

A website in China has ranked the top 10 most sought-after luxury brands, finding that Louis Vuitton tops the chart with 14.9% of the vote. Among China’s own luxury brands, Kweichow Moutai came top — 5th overall — with 5.9%, according to our Chinese-language sister newspaper Want Daily.  Read more

Over 70% of China’s students abroad choose to return

China sent 340,000 students abroad in 2011, a 19% increase compared with the previous year. 190,000 of Chinese students who studied abroad returned to the country in the same year, a 38% increase over 2010. Read more

China Inflation Eases to 29-Month Low in June

China’s consumer-price inflation eased to a 29-month low in June, giving Premier Wen Jiabao more room to relax economic policies after the second interest-rate cut in a month.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Why China's Manufacturers Started Building Their Own Brands - Forbes May 23, 2016
      ForbesWhy China's Manufacturers Started Building Their Own BrandsForbesWhen China first became a global industrial epicenter it was known for contract manufacturing, OEMs, abject knock-offs, and an entire ecosystem of producers who flooded the markets of the world with low cost, no-name electronics, textiles, and other goods.
    • A Rare Look Inside China's Central Bank Shows Slackening Resolve to Revamp Yuan - Wall Street Journal May 23, 2016
      Wall Street JournalA Rare Look Inside China's Central Bank Shows Slackening Resolve to Revamp YuanWall Street JournalBEIJING—Behind closed doors in March, some of China's most prominent economists and bankers bluntly asked the People's Bank of China to stop fighting the financial markets and let the value of the nation's currency fall. Th
    • Why China is having so many problems ramping up wind power - Washington Post May 23, 2016
      Washington PostWhy China is having so many problems ramping up wind powerWashington PostChina holds the record as the world's top wind installer, accounting for about a third of the total global installed wind capacity. The United States trails in second place, accounting for just more than 17 percent. But despite its higher total ...Why China's Wi
    • China's Aviation Market Is Taking Hold - International New York Times May 23, 2016
      International New York TimesChina's Aviation Market Is Taking HoldInternational New York TimesTAIPEI — In the mid-1980s, more than three decades after Mao Zedong's communist revolution, David Dixon was one of the first capitalists allowed by a wary Beijing to fly over China in a business jet — with an escort. “You had to have what was called ...and
    • In China, Old-School Stocks Are Back in Style - Wall Street Journal May 23, 2016
      Wall Street JournalIn China, Old-School Stocks Are Back in StyleWall Street JournalHONG KONG—China's stock-market recovery has taken on a retro feel in recent weeks, as Beijing resorts to debt-fueled investment spending to prop up the country's growth. “Old-economy” stocks, including state-owned companies in sectors such as steel ...and more »
    • US lifts Vietnam arms embargo in move to counter China - Fox News May 23, 2016
      Fox NewsUS lifts Vietnam arms embargo in move to counter ChinaFox NewsPresident Obama lifted the decades-long U.S. arms embargo against Vietnam on Monday in an apparent effort to shore up the communist country's defenses against an increasingly aggressive China – though he faced criticism that the move takes away U.S. ...China Delivers Muted Response to
    • The US And China Are Both Wrong On Steel - Forbes May 23, 2016
      ForbesThe US And China Are Both Wrong On SteelForbesThe United States and China have begun a “bilateral steel dialogue” to discuss curbing surplus global supplies. China is the world's largest steel producer and exporter. The United States is the fourth largest producer and a leading importer, so a ...and more »
    • China university rule change sparks protests in 4 provinces - Financial Times May 23, 2016
      Financial TimesChina university rule change sparks protests in 4 provincesFinancial TimesProtests against changes to China's university admission system spread to a fourth province on Monday as authorities scrambled to contain growing anger over one of the most important issues for parents in the country's emerging middle class — their ...
    • China plans base station for rescue operations in South China Sea - Reuters May 23, 2016
      ReutersChina plans base station for rescue operations in South China SeaReutersThe civilian bureau has 31 ships and four helicopters conducting rescue missions in the South China Sea, and officials from the department told the China Daily they work with the military on such efforts. Officials said the rescue ship base station ...SOUTH CHINA SEA WATCH: ChinaW
    • After 8 Years Of Calm, Old Foes Taiwan And China Start Arguing Again - Forbes May 23, 2016
      ForbesAfter 8 Years Of Calm, Old Foes Taiwan And China Start Arguing AgainForbesA new president took office in Taiwan Friday without fully agreeing to talks with her government's old political rival China. Chinese officials have warned that Taiwan must come to the table on their conditions. Despite anxiety from Beijing to ...China's Taiwan SqueezeW