China Current Events

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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

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