China Current Events

Chinese News Site Updated Daily

Current Events in China: July 20

Posted on | July 19, 2012 | No Comments

China reprimands Russia for alleged attack on Chinese fishing boats

Chinese Vice Foreign Minister Cheng Guoping on Thursday expressed strong dissatisfaction with Russia over an alleged attack on a Chinese fishing vessel, which has left a fisherman missing.  Read more

China pledges US$20 bil. credit to African nations

Chinese President Hu Jintao on Thursday pledged African governments US$20 billion in credit over the next three years and called for more China-Africa coordination in international affairs to defend against the “bullying” of richer powers.  Read more

SE Asia seeks common ground on South China Sea spat

Indonesia’s foreign minister will detail talks by Southeast Asian states aimed at crafting a joint statement on the South China Sea dispute, which undermined a regional summit last week and underscored growing tensions over the territory.  Read more

J-60 presents challenge to US and Asian allies

The J-60, a Chinese stealth fighter under development for use by the PLA’s naval aviation division as a carrier-based fighter, is now considered a threat by the United States and its Asian allies, according to reports by state broadcaster China Radio International.  Read more

Adidas to quit China for Southeast Asia amid rising costs

International sports brand Adidas said it will follow in Nike’s footsteps to close its only production line in China due to rising costs. As labor and land costs rise in China, many multinationals are relocating their factories to countries in Southeast Asia.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • China Shares Fall on Beijing's Lower Growth Target - Wall Street Journal March 6, 2015
      Wall Street JournalChina Shares Fall on Beijing's Lower Growth TargetWall Street JournalChina stocks fell Thursday after the country lowered its growth forecast for the year, bringing concerns about a slowing economy to the fore. The Hang Seng Index fell 1.1% to 24193.04 and the Shanghai Composite Index was down 1%. Chinese Premier Li ...China No. 3 lea
    • Nine hurt in China station knife attack - BBC News March 6, 2015
      BBC NewsNine hurt in China station knife attackBBC NewsNine people have been injured in a knife attack at a station in the Chinese city of Guangzhou, police say. The attack happened on Friday morning. Police shot one suspect dead and caught another, a statement said. No information was given on the ...China: Nine injured in rush-hour railway knife attackCNNK
    • Vietnam Protests China Construction on Disputed South China Sea Island - Wall Street Journal (blog) March 5, 2015
      The DiplomatVietnam Protests China Construction on Disputed South China Sea IslandWall Street Journal (blog)Vietnam is protesting about China's move to expand construction on the disputed Spratly islands, which Vietnam calls Truong Sa, in the South China Sea. “Vietnam strongly protests and demands that China respect Vietnam's sovereignty and immedi
    • China's Lower Growth Goal Doesn't Spook Foreign Companies - Wall Street Journal March 5, 2015
      Wall Street JournalChina's Lower Growth Goal Doesn't Spook Foreign CompaniesWall Street JournalCompanies operating in China largely took the government's forecast of slowing growth in stride, with those reliant on business and government spending offering gloomier forecasts than companies focused on consumer demand. Chinese Premier Li ...China
    • The Anti-Pollution Documentary That's Taken China By Storm - NPR (blog) March 5, 2015
      NPR (blog)The Anti-Pollution Documentary That's Taken China By StormNPR (blog)Two hundred million and counting: That's how many times a documentary about China's massive air pollution problem has been viewed online since the weekend. Environmentalists are hailing it as an eye-opener for Chinese citizens. The filmmaker, Chai ...Under the Dome:
    • Is China's 1929 moment coming? - Washington Post (blog) March 5, 2015
      Is China's 1929 moment coming?Washington Post (blog)It's weird to worry about China when it's still growing more than 7 percent a year, but it's a little less so when you consider how mammoth its credit bubble has gotten. The numbers are historic. China's total debt has sprouted from 153 percent of ...
    • China to narrow gap with US by increasing military spending - CNN March 5, 2015
      CNNChina to narrow gap with US by increasing military spendingCNNHong Kong (CNN) China says its military budget will increase by 10.1% in 2015, the latest in a series of double-digit increases that will narrow the still-significant gap with the United States on defense spending. According to a budget report released ...China on Long, Slow Road to ReformWall
    • China's Central Bank Cuts Interest Rates on Special Lending Tools - Wall Street Journal March 5, 2015
      Wall Street JournalChina's Central Bank Cuts Interest Rates on Special Lending ToolsWall Street JournalSHANGHAI—China's central bank has taken a fresh move to lower borrowing costs for businesses in a weakening economy, just days after it cut policy interest rates for the second time in less than four months. The People's Bank of China has low
    • Drug Companies Face Pressure Despite China Price Pledge - Wall Street Journal March 5, 2015
      Wall Street JournalDrug Companies Face Pressure Despite China Price PledgeWall Street JournalBEIJING—Global drug companies face tough going in China despite Beijing's promise to lift pharmaceutical price controls, as stiff competition and a fierce bidding process will continue to pressure prices. China's leaders on Thursday said Beijing would ...an
    • China's new terrorism law provokes anger in US, concern at home - Washington Post March 5, 2015
      The RegisterChina's new terrorism law provokes anger in US, concern at homeWashington PostBEIJING — A new draft counterterrorism law here is provoking unusually strong condemnation, from multinational companies trying to do business in China to domestic dissidents trying to stay out of jail and from global human rights groups to foreign ...‪Obama critic