China Current Events

Chinese News Site Updated Daily

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

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Prince William to visit China in 2015 - BBC News November 24, 2014
      BBC NewsPrince William to visit China in 2015BBC NewsThe Chinese government has invited Prince William and his wife, the Duchess of Cambridge, to visit the country. BBC royal correspondent Peter Hunt said it was "highly unlikely" the duchess, who will be heavily pregnant with the couple's second child ...Prince William to visit China next year
    • Despite Persecution, Guardian of Lake Tai Spotlights China's Polluters - New York Times November 24, 2014
      New York TimesDespite Persecution, Guardian of Lake Tai Spotlights China's PollutersNew York TimesZHOUTIE, China — By autumn, the stench of Lake Tai and the freakish green glow of its waters usually fade with the ebbing of the summer heat, but this year is different. Standing on a concrete embankment overlooking a fetid, floating array of plastic ...and
    • In China Coal Hub, City Struggles to Survive Amid Economic Slowdown - Wall Street Journal November 24, 2014
      Wall Street JournalIn China Coal Hub, City Struggles to Survive Amid Economic SlowdownWall Street JournalJIXI, China—In this city of 1.8 million people near the Russian border, hulking factories are collecting dust and restaurants sit empty in a landscape of half-completed building projects, idled cranes and closed businesses. “I haven't been paid in ..
    • Exclusive: China ready to cut rates again on fears of deflation - sources - Reuters November 24, 2014
      ReutersExclusive: China ready to cut rates again on fears of deflation - sourcesReutersBEIJING (Reuters) - China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources ...China Central Ba
    • Asia stocks jump as China, Europe step up stimulus - Reuters November 24, 2014
      ReutersAsia stocks jump as China, Europe step up stimulusReuters"China's rate cut adds to the determination of global policy makers to avoid deflation and support growth," said Shane Oliver, head of investment strategy at fund manager AMP Capital in Sydney. "While U.S. quantitative easing may have ended, it's being ...Week In FX Amer
    • China Said to Turn Reef Into Airstrip in Disputed Water - New York Times November 24, 2014
      RTChina Said to Turn Reef Into Airstrip in Disputed WaterNew York TimesBEIJING — A major reclamation project by the Chinese government on a tiny reef 500 miles from the mainland would enable China to land military aircraft there, expanding its reach into the contested South China Sea, analysts have said. The analysts ...'Biased US won't affect cons
    • Climate realities in light of the US-China agreement - Washington Post November 24, 2014
      National PostClimate realities in light of the US-China agreementWashington PostThe United States-China agreement on climate change is a huge political triumph, possibly “historic,” as its supporters say. Whether it much alters the world's climate is a more open question. Recall the agreement's outlines. By 2030, China pledges to ...Obama's cl
    • Asia cheered by China, European stimulus - Reuters November 23, 2014
      ReutersAsia cheered by China, European stimulusReutersPedestrians with umbrellas walk past an electronic board showing Japan's Nikkei average (top middle L) and the exchange rates between the Japanese yen and the U.S. dollar (top middle R), outside a brokerage in Tokyo November 11, 2014.
    • Loan 'Guarantee Chains' in China Prove Flimsy - Wall Street Journal November 23, 2014
      Wall Street JournalLoan 'Guarantee Chains' in China Prove FlimsyWall Street JournalJIANGYIN, China—When a fabric company called Jiangyin Xueyuan Textile Co. collapsed, the troubles soon cascaded through other firms in this mill town. A machinery maker, paper producer, manufacturer of faux-wood flooring and textile maker had one ...and more »
    • Prosecution of Uighur Students Underscores Perils of Chinese Clampdown - New York Times November 23, 2014
      Prosecution of Uighur Students Underscores Perils of Chinese ClampdownNew York TimesBEIJING — Ambitious and fluent in Mandarin, the young Uighur strivers from the Xinjiang region of northwest China had earned coveted slots at the nation's top university for ethnic minorities. Most were the first in their families to attend college ...