China Current Events

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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

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