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

    • Debt-laden 'zombie' firms threaten China's economy - CNNMoney October 20, 2014
      Wall Street Journal (blog)Debt-laden 'zombie' firms threaten China's economyCNNMoneyEconomists concerned over rapidly rising corporate debt levels in China are sounding the alarm, warning that major changes are needed to avoid an increase in "zombie" banks and firms. After expanding at a lightning-fast rate, China's corporate de
    • China is staging a nationwide attack on iCloud and Microsoft accounts - The Verge October 20, 2014
      Cult of MacChina is staging a nationwide attack on iCloud and Microsoft accountsThe VergeChina got its first official shipments of new iPhones last week, but a new report from web censorship watchdog Great Fire indicates Chinese users may be facing an unpleasant surprise when they try to connect to Apple services at large. As of last night ...China may be ha
    • China Communist Party plenum begins in Beijing - BBC News October 20, 2014
      BBC NewsChina Communist Party plenum begins in BeijingBBC NewsA key meeting of Chinese Communist Party leaders focusing on the rule of law and fighting corruption has begun in Beijing. The plenum is the annual gathering of the 205 members of the party's Central Committee. The Chinese Communist Party has nearly ...What China Means by 'Rule of Law
    • China Versus America - New York Times October 20, 2014
      China Versus AmericaNew York TimesSINGAPORE — Let us take it as a given that the post-1945 world order with the United States as dominant nation has begun to unravel, that China is rising to inherit the earth, that the unease of our times has much to do with that difficult transition ...
    • UN Group Urges China's Wealthy to Fight Ebola - Wall Street Journal October 20, 2014
      Wall Street JournalUN Group Urges China's Wealthy to Fight EbolaWall Street JournalBEIJING-Chinese corporations and wealthy individuals aren't contributing enough to help fight the spread of Ebola in West Africa, despite the nation's deep ties to the impacted region, according to the United Nations World Food Programme's China ...UPDATE 1
    • China: Don't call yourself Dumbledore - BBC News October 20, 2014
      BBC NewsChina: Don't call yourself DumbledoreBBC NewsChinese state media have urged citizens to think carefully when choosing an English name, so that don't they pick one with an unfortunate meaning, it appears. People are being warned against picking a name that could cause offence, or simply make no ...and more »
    • Australia set to seize assets of corrupt Chinese officials - Sydney Morning Herald October 20, 2014
      Sydney Morning HeraldAustralia set to seize assets of corrupt Chinese officialsSydney Morning HeraldIn an exclusive interview with Fairfax Media, Commander Bruce Hill, the manager of the AFP's operations in Asia, has confirmed Australia has agreed to assist China in the extradition and seizure of assets of corrupt officials who have fled to Australia ..
    • Why China May Avoid a US-Style Property Crash - Wall Street Journal (blog) October 20, 2014
      Wall Street Journal (blog)Why China May Avoid a US-Style Property CrashWall Street Journal (blog)Is there a property bubble in China, and would it pop like the ones in Japan and the U.S.? China's housing sector is in terrible shape, says a new report by Goldman Sachs . But even if the market were to collapse, the consequences may not be as bad as ...Ind
    • Presumed Guilty in China's War on Corruption, Targets Suffer Abuses - New York Times October 20, 2014
      New York TimesPresumed Guilty in China's War on Corruption, Targets Suffer AbusesNew York TimesBEIJING — He was starved, pummeled and interrogated for days on end in an ice-cold room where sleeping, sitting or even leaning against a wall were forbidden. One beating left Wang Guanglong, a midlevel official from China's Fujian Province, partly ...and
    • China's crackdown slows Tibetan refugee crossings to freedom in India - Washington Post October 20, 2014
      China's crackdown slows Tibetan refugee crossings to freedom in IndiaWashington PostThe International Campaign for Tibet, a Washington advocacy group, says the Chinese have conducted two large-scale military drills in Tibet since May to prepare for “combat,” as well as training sessions for police stationed inside Buddhist monasteries.and more »