Current Events in China: July 14
Posted on | July 13, 2012 | No Comments
China Data From Home to Investment Show Hope for Growth
China’s weakest expansion in three years masked a surge in home sales and a jump in investment that show lower interest rates and banks’ reserve requirements may be starting to stabilize growth in the second-largest economy. Read more
U.S. indicts Iranian, Chinese for nuclear export plot
A federal grand jury has indicted two men, one from Iran and the other from China, on charges of conspiring to send materials from the United States to Iran for the purpose of enriching uranium, the U.S. Justice Department said on Friday. Read more
Disbelief as Investigation Rules Dissident’s Death a Suicide
The disputed death of a Tiananmen Square protestor in a Hunan hospital last month was indeed a suicide, Chinese authorities have announced following a controversial investigation. Read more
The tourism advertisement was supposed to be a clever play on words. But it has generated a heated debate because the meaning turned out to be too “insulting and obscene”. Read more
China navy ship ‘stranded’ in disputed waters
A Chinese naval frigate has run aground while patrolling disputed waters in the South China Sea, the defence ministry said Friday, amid tensions with the Philippines over territorial claims. Read more
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China Current Events
- China Money Rates Jump to Records as PBOC Lets Cash Crunch Build - Bloomberg June 20, 2013Economic TimesChina Money Rates Jump to Records as PBOC Lets Cash Crunch BuildBloombergChina's benchmark money-market rates climbed to records as the central bank refrained from using reverse-repurchase agreements to address a cash crunch in the world's second-biggest economy. The People's Bank of China didn't conduct open-market ...China […]
- Asia assets hammered on China fears, Fed upset - Reuters June 20, 2013Asia assets hammered on China fears, Fed upsetReutersTOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month ... […]
- China Manufacturing Contracts to Lowest Level in 9 Months - New York Times (blog) June 20, 2013BloombergChina Manufacturing Contracts to Lowest Level in 9 MonthsNew York Times (blog)HONG KONG — Manufacturing output in China has been contracting worse than economists expected in June, a closely watched survey showed on Thursday, challenging Beijing's stated goal of driving growth through economic overhauls rather than ...China Manufacturing Contra […]
- China's orbiting astronauts take questions from students in bid to popularizes ... - Fox News June 20, 2013ABC NewsChina's orbiting astronauts take questions from students in bid to popularizes ...Fox NewsBEIJING – China has held its first classroom lecture from its orbiting space station as part of efforts to popularize the successful manned space flight program among young people. Female astronaut Wang Yaping took questions live from among 330 ...China Ast […]
- China jails 19 Uighurs for religious extremism - Reuters June 20, 2013Washington PostChina jails 19 Uighurs for religious extremismReutersBEIJING (Reuters) - Courts in China's far western region of Xinjiang have sentenced 19 ethnic Uighurs to up to six years in jail for promoting racial hatred and religious extremism online, in the latest crackdown on what China sees as violent separatists.China Jails 11 for Extremist Cri […]
- China Lending Crisis? Not For New Industries, Says Premier - Forbes June 20, 2013China Lending Crisis? Not For New Industries, Says PremierForbesSuntech power was the first Chinese corporation to ever default on its debt; this one a $531 million loan. China's solar power industry is running on overcapacity...and running on empty. Industries like this will struggle to get capital and will either ...and more » […]
- Can China's middle class spend the world out of recession? - BBC News June 20, 2013BBC NewsCan China's middle class spend the world out of recession?BBC NewsMeet the Zhangs, one of China's new middle-class families who some economists believe are going to spend their way to a revival of the global economy. Zhang Dongyang runs his own construction company in Zhengzhou, one of China's fastest growing ...and more » […]
- N. Korea Seeks New Talks on Its Nuclear Program, China Says - Bloomberg June 20, 2013BloombergN. Korea Seeks New Talks on Its Nuclear Program, China SaysBloombergNorth Korea is ready to return to six-party talks on its nuclear program, China said, the third time this month that Kim Jong Un's regime has proposed new dialogue after easing off months of harsh rhetoric. The North is prepared for “talks of any form ...China, North Korea Hold […]
- State Dept. downgrades Russia, China on trafficking - Washington Post June 20, 2013Daily BeastState Dept. downgrades Russia, China on traffickingWashington PostChina condones or fails to prosecute forced labor in numerous manufacturing industries and allows the trafficking of women for domestic servitude, forced marriage and prostitution, the U.S. report said. The government itself participates in forced ...State Department To Sanction Chi […]
- Why India Trails China - New York Times June 20, 2013New York TimesWhy India Trails ChinaNew York TimesThe hope that India might overtake China one day in economic growth now seems a distant one. But that comparison is not what should worry Indians most. The far greater gap between India and China is in the provision of essential public services — a ...and more » […]