Current Events in China: July 12
Posted on | July 11, 2012 | No Comments
Over 220,000 people evacuated as flood hits SW China county again
More than 220,000 people in southwest China’s Sichuan Province have been evacuated from low-lying areas following a flood that struck the disaster-prone region on Wednesday, local authorities said. Read more
China Slowdown Seen Forcing Wen’s Hand on Property Curbs
China’s weakest growth in three years may pressure Premier Wen Jiabao to further ease the government’s crackdown on a property industry that accounts for more than a quarter of final demand. Read more
China woman gets payout after forced, late abortion
Chinese authorities have paid US$11,000 to a woman forced to abort seven months into her pregnancy, her lawyer said Wednesday, adding that the money would never compensate for her endless pain. Read more
Railroaded into a Fast-Train Technology Trap
Fast-train companies nationwide are paying heavily for a decision that favors ‘technology transfers’ over homegrown development. Read more
Pay $1,570, learn how to attract rich men
Learn it from a pro! A 42-yearold Chinese women, married to a millionaire is giving classes on ‘How to attract rich men’ in Chengdu in China’s Southwest Sichuan province. Read more
China and Brazil face sustained slowdown as eurozone crisis takes toll
Growth slows in emerging economies on continuing eurozone crisis and deterioration in US economy, HSBC report says. Read more
Banks play cat-and-mouse with Beijing to comply with rules
China’s banks are playing a game of cat-and-mouse with the Beijing authorities, window-dressing deposit numbers at the end of each quarter to meet regulatory requirements on how much funds they must hold. Read more
Latin America’s love affair with China may sour
Latin America has developed a dangerous dependency on China as a voracious consumer of commodity exports and the region now faces a potential hit as the huge Asian economy cools. Read more
Architect in Gu Kailai case to decide whether to go to China: Cambodia
Patrick Devillers, a close friend of Gu Kailai — the wife of defenestrated Chongqing party chief Bo Xilai — has been asked to make his way to China after his arrest in Cambodia, though the authorities in Phnomh Penh say the decision to do so or not will be his. Read more
Chinese City Puts Bounty on Flesh-Eating Fish, Internet Laughs
Chinese Internet users are mocking the city of Liuzhou for offering a 1,000-yuan ($157) reward to anyone who can catch flesh-tearing piranha from the local river. Read more
Tags: Abortion > China Real Estate > China's economy > Gu Kailai > Patrick Devillers
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China Current Events
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