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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    • China Looks Towards Iran - Huffington Post May 6, 2016
      China Looks Towards IranHuffington Post“Iran has historically been one of China's most significant trading partners,” says Dr. Lu Yang, Professor in the Department of History at Peking University. “For centuries, Persia and China engaged in trade over land and sea. During the Tang Dynasty ...and more »
    • Chanos, Bass and the China collapse chorus are wrong: Consultant - CNBC May 6, 2016
      CNBCChanos, Bass and the China collapse chorus are wrong: ConsultantCNBCZ-Ben Advisors founder Peter Alexander said Friday it's time to strip out the emotion around China, particularly among a chorus forecasting the country's impending doom, which includes Jim Chanos and Kyle Bass. Investors either herald China as the ...
    • Apple's Tim Cook said to visit China for government meetings - CNBC May 6, 2016
      CNBCApple's Tim Cook said to visit China for government meetingsCNBCApple CEO Tim Cook plans to visit Beijing later this month to meet high-level government officials, at a time when it is facing some setbacks in its most important overseas market, a source familiar with the matter said. Cook has frequently traveled to ...Tim Cook reportedly traveling t
    • China stocks slide nearly 3% on worries about looming bond defaults - MarketWatch May 6, 2016
      MarketWatchChina stocks slide nearly 3% on worries about looming bond defaultsMarketWatchShares in Asia mostly edged lower Friday amid caution before a key U.S. jobs report, but China stocks were down more sharply over rising defaults and regulatory concerns.. The Shanghai Composite Index SHCOMP, -2.82% ended down 2.8%, while the ...China's Shares Slump
    • China says South China Sea criticism could rebound like coiled spring - Reuters May 6, 2016
      ReutersChina says South China Sea criticism could rebound like coiled springReutersThe ruling is expected to favor the Philippines and risks raising tension because China rejects the court's authority to hear the case, even though it is a signatory of the U.N. Convention on the Law of the Sea under which it is being heard. China has ...Asia Pacific|A US
    • China's propaganda news outlets are absolutely crushing it on Facebook - Quartz May 6, 2016
      QuartzChina's propaganda news outlets are absolutely crushing it on FacebookQuartzChina's government-controlled media has embraced Western social media, following top-down orders from president Xi Jinping to “tell China's story” to the world. Facebook, Twitter, and YouTube are now rife with news from China's Communist Party, in the ...
    • Bombardier pushes for airline talks, China breakthrough after Delta deal - Reuters May 6, 2016
      ReutersBombardier pushes for airline talks, China breakthrough after Delta dealReutersRising passenger traffic in cities away from the main hubs of Beijing, Shanghai and Guangzhou can help convince airlines to opt for the 110-150 seat CSeries planes, said Andy Solem, who oversees commercial aircraft sales in China. "Trunk growth is ...and more »
    • Debt Spirals Out Of Control And China All But Loving It - Forbes May 6, 2016
      ForbesDebt Spirals Out Of Control And China All But Loving ItForbesGeorge Soros, the venerated American billionaire hedge fund investor, fears China is headed toward a financial crisis like that of the United States and much of the world in 2008. Debt is spiraling, he noted in April, and when America let that happen ...Something odd is happening in China, an
    • Clause celebre: Taiwan leader must convince China she's no 'splittist' - Reuters May 6, 2016
      ReutersClause celebre: Taiwan leader must convince China she's no 'splittist'Reuters"China's attitude on opposing independence is out of touch with the real situation," said independence advocate Koo Kwang-ming. "They really have no way (how to deal) with Taiwan, so they take what has been stated in the past and repeat, rep
    • Here's how China managed to lose $500 billion in reserves in one year - Business Insider May 5, 2016
      Business InsiderHere's how China managed to lose $500 billion in reserves in one yearBusiness InsiderChinese pay down foreign debt: This was the main driver and accounted for one-third of total outflows. Chinese firms wanted to get rid of their foreign debt as the US dollar became stronger. (The currency move made the debt more expensive to service.) ..