China Current Events

Chinese News Site Updated Daily

Current Events in China: August 10

Posted on | August 9, 2012 | No Comments

Bo Xilai’s wife does not contest charge of murdering businessman

The woman at the center of China’s most politically explosive trial in three decades did not contest charges of murder on Thursday, Aug. 9 in a hearing that lasted just seven hours and could determine the fate of former Politburo member Bo Xilai.  Read more

China’s July CPI eases to 30-month low

China’s consumer inflation eased to its lowest rate in two and a half years in July, giving the government more leeway to loosen credit to spur the slowing economy.  Read more

China’s industrial output growth weakens again in July

The growth of China’s industrial output slowed again in July, highlighting persistent challenges for the world’s second-largest economy in restructuring its industries amid sluggish external demand, according to data released Thursday by the National Bureau of Statistics (NBS).  Read more

Bureaucracy fuels China’s safe water problems – report

The kind of top-down bureaucracy that can discourage communication and hobble some Western corporations is fueling widespread problems with China’s water supply, with lessons for the rest of the world, researchers reported on Thursday.  Read more

Russia’s Medvedev hints of Chinese threat to Far East

Prime Minister Dmitry Medvedev on Thursday issued a veiled warning about China’s rising influence in Russia’s resource-rich Far East, saying it was essential to defend the area against “excessive expansion by bordering states”.  Read more

China to subsidies appliances to lift consumption

Chinese companies will subsidies purchases of kitchen appliances from Friday in a trial aimed at boosting domestic consumption, an industry body said, the latest step to lift China’s economy which is mired in its worst slowdown in three years.  Read more

2nd Chinese stealth fighter could be red herring: report

An article titled “China developing a 2nd stealth fighter?” by Michael Cole in the Diplomat, an English-language website based in Japan, has questioned whether Shenyang Aircraft Corporation is really developing the J-21 or “Snowy Owl,” a second fifth-generation stealth fighter following the J-20 being developed by Chengdu Aircraft Industry Group.  Read more

Owner of Chinese steel company flees with unpaid debts

Baoqiang Steel’s chairman Chen Zhiqiang, who won recognition in China as an outstanding entrepreneur, is reported to have gone to ground in order to escape his growing debts.  Read more

Wealthy Chinese become leading players in US realty market

Wealthy individuals from China are now becoming the biggest buyers of real estate in the United States, reports Duowei News, an outlet run by overseas Chinese.  Read more

China Increases Fuel Prices for First Time in Five Months

China, the world’s second-biggest oil consumer, increased gasoline and diesel prices for the first time since March after global crude costs climbed.  Read

China’s alcohol imports up 58.1 pct

China’s alcohol imports jumped 58.1 percent from a year earlier to 2.4 billion U.S. dollars last year, according to the country’s commerce ministry.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Russia to apply for China-led infrastructure bank AIIB – Deputy PM - RT March 29, 2015
      RTRussia to apply for China-led infrastructure bank AIIB – Deputy PMRTRussia decided to apply to join the China-led Asian Infrastructure Investment Bank (AIIB), the country's Deputy Prime Minister Igor Shuvalov said on Saturday. “I would like to inform you about the decision to participate in the AIIB,” which was made by ...More countries say to join Ch
    • China's Xi: Trade between China and Silk Road nations to exceed $2.5 trillion - Reuters March 29, 2015
      ReutersChina's Xi: Trade between China and Silk Road nations to exceed $2.5 trillionReutersUnder the so-called "One Belt, One Road" initiative, China aims to create a modern Silk Road Economic Belt and a 21st Century Maritime Silk Road to boost trade and extend its global influence. Commerce Minister Gao Hucheng said previously that more ...Xi
    • China Banks on Sharing Wealth to Shape New Asian Order - Wall Street Journal March 29, 2015
      Wall Street JournalChina Banks on Sharing Wealth to Shape New Asian OrderWall Street JournalBOAO, China—President Xi Jinping sketched out China's vision for a new security and economic order in Asia, offering to spread the benefits of Chinese prosperity and cooperation across the region. In a speech to a regional forum Saturday, Mr. Xi ...President Xi s
    • China central bank governor calls for vigilance on deflation - Reuters March 29, 2015
      ReutersChina central bank governor calls for vigilance on deflationReutersZhou's comments are likely to add to concerns that China is in danger of slipping into deflation and underline increasing nervousness among policymakers as the economy continues to lose momentum despite a raft of stimulus measures. "Inflation in China ...China Central Bank Go
    • Gull Force monument on China's Hainan Island recognises mystery of Australian ... - ABC Online March 29, 2015
      ABC OnlineGull Force monument on China's Hainan Island recognises mystery of Australian ...ABC OnlineA little known story about a group of Australian soldiers who fought alongside Chinese guerrillas against the Japanese in World War II has come to the forefront of China-Australia relations. Members of Gull Force were captured in Indonesia and hundreds .
    • China's Nightmare: Vietnam's New Killer Submarines - The National Interest Online March 29, 2015
      The National Interest OnlineChina's Nightmare: Vietnam's New Killer SubmarinesThe National Interest OnlineAfter a brief respite, the South China Sea cauldron is starting to boil once again. This time, the hub-bub concerns not a close call between aircraft, nor dueling flotillas of coast guard vessels surrounding a mysterious oil exploration rig, no
    • Kissinger: US Should 'Remove Urgency' on South China Sea - Newsmax March 29, 2015
      BloombergKissinger: US Should 'Remove Urgency' on South China SeaNewsmaxChina and the U.S. should “remove the urgency of the debate” as they embark on a dialogue, Kissinger told reporters Saturday in Singapore. Kissinger, 91, was the architect of Nixon's historic 1972 trip to China that led to the opening of diplomatic ...Kissinger Urges Retur
    • Australia to Join Regional Development Bank Led by China - New York Times March 29, 2015
      RT (blog)Australia to Join Regional Development Bank Led by ChinaNew York TimesBEIJING — Australia plans to join an Asian infrastructure bank led by China, the government announced on Sunday, reversing an earlier decision taken at the urging of the United States not to become a member. The move made Australia the latest of a ...​Beijing calling: Australia
    • The Real Reason for China's Massive Military Buildup - The National Interest Online March 29, 2015
      The National Interest OnlineThe Real Reason for China's Massive Military BuildupThe National Interest OnlineIn many respects, China is trying to solve a centuries-old problem that never went away: how to defeat in battle military forces that are at least in a symmetrical sense superior to its own and will be for some time to come. If we alter our perspe
    • Seaplane Could Advance Chinese SCS Claims - DefenseNews.com March 28, 2015
      DefenseNews.comSeaplane Could Advance Chinese SCS ClaimsDefenseNews.comTAIPEI — A new Chinese-built seaplane could help seal Beijing's control over its claims in the South China Sea (SCS), say military specialists on China. The Jiaolong (Water Dragon) AG600, under construction by China Aviation Industry General Aircraft ...