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

    • India-Vietnam offshore oil-exploration agreement faces China wall - Times of India September 17, 2014
      Economic TimesIndia-Vietnam offshore oil-exploration agreement faces China wallTimes of IndiaChinese foreign ministry spokesman Hong Lei said China wouldn't object to any "legitimate and lawful" agreement between Vietnam and a third country. However, Hong added, "If such agreement concerns waters administered by China or if such cooperati
    • China Joins ECB in Adding Stimulus as Fed Scales Back - Bloomberg September 17, 2014
      Wall Street JournalChina Joins ECB in Adding Stimulus as Fed Scales BackBloombergChina's central bank joined its European counterpart in boosting liquidity to address weakening growth, underscoring a divergence in direction among the world's biggest economies as the U.S. reduces stimulus. The People's Bank of China is injecting 500 ...China Ce
    • Australia Urges Russia and China to Support Coalition Against Islamic State - Wall Street Journal September 17, 2014
      Wall Street JournalAustralia Urges Russia and China to Support Coalition Against Islamic StateWall Street JournalAustralian Foreign Minister Julie Bishop and U.S. Secretary of State John Kerry sign a security agreement in Sydney in August. On Tuesday, Ms. Bishop urged Russia and China to support international efforts to stop Islamic State. European Pressphot
    • Chinese Leader Visits Sri Lanka, Challenging India's Sway - New York Times September 17, 2014
      New York TimesChinese Leader Visits Sri Lanka, Challenging India's SwayNew York TimesCOLOMBO, Sri Lanka — President Xi Jinping of China arrived in Sri Lanka on Tuesday for a 23-hour trip to this island nation to sign a raft of agreements as China chips away at India's traditional dominance in the region. Mr. Xi's plane traveled from ...
    • Risky business: China dumps our dirty coal - Sydney Morning Herald September 17, 2014
      Sydney Morning HeraldRisky business: China dumps our dirty coalSydney Morning HeraldAs much as a quarter of all coal shipped through Newcastle goes to China, up from less than 10 per cent a few years ago. Coal shipped through the port - the largest coal export port in the world - is running at around 170 million tonnes a year at present.China to Ban Coal Wit
    • China takes anti-corruption drive overseas - Financial Times September 16, 2014
      MacroBusinessChina takes anti-corruption drive overseasFinancial TimesUnderlining Beijing's rising economic and political clout, Communist party officials have already launched an investigation into assets and individuals based in New Zealand, a country that counts China as its biggest trade partner. It is unclear ...China Extends Reach of Anti-Corrupti
    • Ahead Of Alibaba: The Chinese Economy - Forbes September 16, 2014
      ABC NewsAhead Of Alibaba: The Chinese EconomyForbesAlibaba is at its very essence a Chinese company, run by a Chinese management team, with Chinese customers, and the overwhelming majority of its revenue coming from business in China. To really understand the prospects of Alibaba, understanding the ...Alibaba Risk: China's Rise Leaves out InvestorsABC N
    • China's Unhappy Rich - Wall Street Journal September 16, 2014
      Wall Street JournalChina's Unhappy RichWall Street JournalAbout 30 Chinese officials, including managers of state-owned companies, are known to have committed suicide so far this year. Among them were several high-profile cadres under investigation for graft, which confirms that supreme leader Xi Jinping's ...
    • Sri Lanka Backs China's Maritime 'Silk Road' Plan - ABC News September 16, 2014
      ABC NewsSri Lanka Backs China's Maritime 'Silk Road' PlanABC NewsChinese President Xi Jinping won Sri Lanka's support Tuesday for a proposed maritime "Silk Road" linking China with Europe, and helped launch billion-dollar power plant and port city projects funded by his government. Xi, the first Chinese leader to ...China's
    • Role Reversal: India's Growth May Surpass China's by 2016 - Businessweek September 16, 2014
      BusinessweekRole Reversal: India's Growth May Surpass China's by 2016BusinessweekChina's President Xi Jinping is due to arrive in India tomorrow, and for a change he's the one with an economy heading in the wrong direction, not Indian Prime Minister Narendra Modi. After several dismal years, growth in India is rebounding, and the ...The E