China Current Events

Chinese News Site Updated Daily

China Current Events: September 1

31 people killed as bus plunges into ditch in China At least 31 people were killed when a bus they were travelling in plunged into a ditch in central China on Thursday, the second major road accident in a week.  Read more Starbucks loses lawsuit to ban Chinese imitator Starbucks has failed to prevent a […]

Current Events in China: August 31

Death toll from blast at China coal mine rises to 26: Xinhua The death toll from a gas explosion at a coal mine in southwest China has risen to 26 and rescue workers were trying to pull out another 21 still trapped underground, state media said Thursday.  Read more Chinese toddler’s karaoke tantrum ends in […]

China Current Events: August 30

China industrial profits fall for 4th straight month Profits at China’s industrial companies tumbled in July for a fourth straight month, a sign of enduring economic weakness that adds to pressure on Beijing to drive a sluggish recovery.  Read more Air China flight returns to Beijing after threat: report An Air China plane bound for […]

Current Events in China: August 29

Two Tibetans self-immolate in China: sources Two Tibetan men have died after setting fire to themselves in China, a U.S. broadcaster and two overseas pressure groups said Tuesday, taking the number of such protests to more than 50 since 2009.  Read more Credit crisis in China’s richest province Zhejiang Earlier this summer, a team of […]

Current Events in China: August 28

Revenues of China’s software industry up 25.4 pct The software industry garnered more than 1.3 trillion yuan (205 billion U.S. dollars) in revenues in the first seven months of this year, up 25.4 percent year on year, government data showed Monday.  Read more China adds 76 mln mobile phone users in first 7 months China […]

China Current Events: August 27

Death toll rises to 36 in NW China road accident A 39-seat bus and a methanol-loaded tanker collided and caught fire on an expressway in Yan’an early Sunday morning and 36 people were killed in the accident. Only three people aboard the bus survived the accident, but they all suffered injuries, said the local police.  […]

Current Events in China: August 25

Liu Xiang speaks out amid injury ‘trick’ rumors China’s star hurdler Liu Xiang insisted he felt “healthy” just moments before injury ended his Olympic career, as controversy erupted over an alleged cover-up.  Read more China joins smartphone revolution The smartphone industry is preparing for new successes as it has been revealed that Chinese people are […]

China Current Events: August 24

China carmakers have toughest H1 since crisis Chinese automakers have had their toughest first half since the global financial crisis and the rest of this year looks set to be tougher still as the world’s largest auto market sputters in a slowing economy.  Read more More easing seen as China factory survey disappoints China’s manufacturing […]

Current Events in China: August 23

Chinese firms say tech level on par with Korea About 40 percent of Chinese companies in South Korea believe that Chinese technology has enhanced enough to stand shoulder-to-shoulder with Korean technology, according to a survey released on Tuesday.  Read more China study warns rural wealth gap near ‘danger’ level China’s rural inequality is nearing “danger” […]

Current Events in China: August 22

Anti-Japan protests spread across China Anti-Japan protests have spread across Chinese cities with protesters smashing Japanese branded cars and restaurants. Protesters are expressing their anger against the visit by Japanese activists and lawmakers to the disputed Diaoyu Islands, which is claimed by both countries.  Read more Shell plans at least $1 billion a year China […]

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    • President Xi says China should not focus on growth rate only - Reuters March 28, 2015
      ReutersPresident Xi says China should not focus on growth rate onlyReutersChinese leaders have announced an economic growth target of around 7 percent for this year, below the 7.5 percent goal in 2014 and the slowest rate in a quarter-century. Xi, who was speaking at a forum in Boao on the southern Chinese island of Hainan, ...China's Xi preaches peace
    • Once Bitten, Not Shy. Retail Investors Fuel Surge in Chinese Stocks - Wall Street Journal March 27, 2015
      Wall Street JournalOnce Bitten, Not Shy. Retail Investors Fuel Surge in Chinese StocksWall Street JournalSHANGHAI—China's economic growth is slowing, corporate earnings are under pressure, bank loans are souring and the property market is in a funk. The surprise financial bright spot: China's long-maligned stock market. Seven years after a 72% cras
    • The injected JavaScript used to smash anti-Great Firewall of China GitHub ... - The Register March 27, 2015
      The RegisterThe injected JavaScript used to smash anti-Great Firewall of China GitHub ...The RegisterGitHub's servers are being hammered by web traffic from an army of unwitting cyber-foot-soldiers. It appears when thousands of people visit websites that serve ads and tracking code from Baidu – China's answer to Google – from outside the Middle ...
    • Cruise giants Carnival, Royal Caribbean doubling down on China - Fortune March 27, 2015
      FortuneCruise giants Carnival, Royal Caribbean doubling down on ChinaFortuneCarnival, which on Friday raised its 2015 profit forecast on the strength of better than expected advance bookings, expects the overall number of outbound cruise passengers from China to hit the 1 million market for the first time in 2015, and serve ...and more »
    • Sri Lanka's pivot to India breaks China's dreams - Boston Globe (subscription) March 27, 2015
      Boston Globe (subscription)Sri Lanka's pivot to India breaks China's dreamsBoston Globe (subscription)China's building spree, including a new, 500-acre Colombo Port City project in the capital, a new international airport, and another port in Rajapaksa's home district, was seen by many as a link in China's so-called string of pearls
    • Two-thirds of new investors in China's stock market mega-rally didn't finish ... - Quartz March 27, 2015
      QuartzTwo-thirds of new investors in China's stock market mega-rally didn't finish ...QuartzThe great Chinese equity juggernaut rolls on. The Shanghai composite is up 14% this year, compared with the S&P 500's sickly -0.1% performance. This, as we've noted, is a bona fide mystery: China's economy is sputtering and yet its stock m
    • Can China Promise Blue Skies for 2022 Winter Olympics? - TIME March 27, 2015
      TIMECan China Promise Blue Skies for 2022 Winter Olympics?TIMEWith the 2022 Winter Olympics looming, there are only two significant impediments to China's efforts to host the Games in Beijing: Almaty, Kazakhstan, and the notorious smog that chokes the Chinese capital.Skiing takes off in China before the 2022 Winter OlympicsThe AustralianBeijing China as
    • China stocks may be in serious bubble - MarketWatch March 27, 2015
      MarketWatchChina stocks may be in serious bubbleMarketWatchMacquarie China economist Larry Hu, speaking at the same event, said Chinese stocks still have room to grow, if only because the country is in the process of reforming and developing its equity markets as a channel for companies to raise funds directly.China to let mutual funds buy Hong Kong shares v
    • Vietnam Plays Key Role in China-Japan Aid Battle - Wall Street Journal March 27, 2015
      Wall Street JournalVietnam Plays Key Role in China-Japan Aid BattleWall Street JournalHANOI, Vietnam—In the battle between China and Japan for economic pre-eminence in Asia, Vietnam is center stage. Beijing and Tokyo have plied the country with investment and aid, with an eye to building up low-cost manufacturing bases there. Vietnam's ...China Hits Out
    • Which US Companies Are Doing the Most R&D in China and India? - blogs.hbr.org (blog) March 26, 2015
      blogs.hbr.org (blog)Which US Companies Are Doing the Most R&D in China and India?blogs.hbr.org (blog)Over 200 publicly listed American companies have R&D budgets that exceed $100 million annually. Which companies allocate the highest proportion of that budget to engineering in China and India, specifically? And what drives their success with these ..