China Current Events

Chinese News Site Updated Daily

Current Events in China: August 11

Posted on | August 10, 2012 | No Comments

Chinese police ‘admit’ Gu Kailai cover-up: official

Four Chinese police officers on Friday admitted in court to covering up the killing of a British businessman to protect the wife of a senior politician charged with his murder, an official said.  Read more

China export growth slows to 1%

China’s trade and domestic demand have weakened even faster than expected, adding to pressure on Beijing for a more aggressive stimulus to boost the world’s second-largest economy out of its worst slump since the 2008 crisis.  Read more

Chinese student sells kidney for iPad

A surgeon and four other people are on trial in central China over the case of a teenager who is said to have sold a kidney to buy an iPhone and iPad 2, state media has reported.  Read more

Petitioner in China released from labor camp after outrage

A Chinese woman sent to a labor camp for demanding seven men who forced her daughter into prostitution be given harsher punishment was released Friday after an online outcry, state media reported.  Read more

China Drills Into Shale Gas, Targeting Huge Reserves Amid Challenges

Although China is believed to have 50% more natural gas in shale formations than the United States it also has larger technical and infrastructure barriers.  Read more

Traffic accidents crippled Chinese insurers last year

Chinese insurance companies were in the red last year due to road accident-related insurance, as they had to compensate a large number of victims of traffic accidents, data from the industry association showed Friday.  Read more

China’s new lending in July falls sharply, further easing expected

China’s new yuan-denominated lending in July declined sharply to 540.1 billion yuan (about 85.19 billion U.S.dollars), the lowest since September 2011, the People’s Bank of China(PBOC), the central bank, announced Friday.  Read more

China starts construction on 5.8 mln low-income housing units

China started building 5.8 million low-income housing units in the first seven months of this year, the Ministry of Housing and Urban-Rural Development said Friday.  Read more

How did China get to be so good at gymnastics?

The first Westerners inside Beijing’s elite training centre reveal just what makes the country’s athletes unstoppable.  Read more

VanceInfo, HiSoft to merge to create China outsourcing leader

VanceInfo Technologies Inc and smaller rival HiSoft Technology International Ltd agreed to merge to create what they said would be the largest China-based offshore IT services provider by revenue.  Read more

Hong Kong Cuts 2012 Growth Forecast After Expansion Wanes on Export Slump

Hong Kong’s government cut its estimate for the city’s expansion this year after the economy grew at close to the slowest pace since the financial crisis amid waning export demand from advanced nations.  Read more

China Deal to Acquire U.S. Battery Maker is Just the Beginning

As the script now reads, Wanxiang — China’s largest auto parts maker — plays the role of a clever opportunist in the unfolding tragedy of American competitiveness.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • G7 agrees need strong message on South China Sea; China says don't 'hype' - Reuters May 26, 2016
      ReutersG7 agrees need strong message on South China Sea; China says don't 'hype'ReutersThe agreement prompted a sharp rejoinder from China, which is not in the G7 club but whose rise as a power has put it at the heart of some discussions at the advanced nations' summit in Ise-Shima, central Japan. "Prime Minister (Shinzo) Abe led ...
    • Trade fight: China calls new US steel import duties unfair - USA TODAY May 26, 2016
      USA TODAYTrade fight: China calls new US steel import duties unfairUSA TODAYChina has charged the U.S. with unfair trade policies after imposing a new wave of tough penalties on low-priced steel imports. After the Commerce Department on Wednesday announced anti-dumping duties on Chinese corrosion-resistant steel products of ...US hits China and others with m
    • China says it followed rules in US aircraft intercept - Reuters May 26, 2016
      ReutersChina says it followed rules in US aircraft interceptReutersChinese Defence Ministry spokesman Yang Yujun told a monthly news briefing China's aircraft acted completely professionally and in line with an agreement reached between the countries on rules governing such encounters. However, he said the ...Chinas Love Boats in Disputed South China Se
    • 1MDB Unit Bought by China Nuclear Firm Was Distressed, Auditor Says - Wall Street Journal May 26, 2016
      Wall Street Journal1MDB Unit Bought by China Nuclear Firm Was Distressed, Auditor SaysWall Street JournalKUALA LUMPUR, Malaysia—An audit of a key energy group sold by troubled state investment fund 1Malaysia Development Bhd. to a Chinese state-owned nuclear-power company flagged deep uncertainty over the company's viability. Notes from auditor ...and mo
    • Southeast Asia's Dance With China - International New York Times May 26, 2016
      International New York TimesSoutheast Asia's Dance With ChinaInternational New York TimesSoutheast Asia's economic promise is emerging as a global growth driver after years of being overshadowed by the China story. At the heart of the Asean Economic Community, the region's newly introduced single market, are three countries: Vietnam, the ...Sh
    • China to send nuclear-armed submarines into Pacific amid tensions with US - The Guardian May 26, 2016
      The GuardianChina to send nuclear-armed submarines into Pacific amid tensions with USThe GuardianThe Chinese military is poised to send submarines armed with nuclear missiles into the Pacific Ocean for the first time, arguing that new US weapons systems have so undermined Beijing's existing deterrent force that it has been left with no alternative.China
    • China unveils elevated bus to tackle traffic jams - Mashable May 26, 2016
      MashableChina unveils elevated bus to tackle traffic jamsMashableAs the world's most populated country, China's gridlocked traffic is legendary, especially in major cities like Beijing and Shanghai. To help combat the problem of traffic jams and maximise limited road space, the country's top engineers have unveiled ...China unveils 'strad
    • China says its people will never stand for Taiwan independence - Reuters May 26, 2016
      ReutersChina says its people will never stand for Taiwan independenceReutersChina has repeatedly warned Taiwan's pro-independence Democratic Progressive Party, whose leader Tsai Ing-wen assumed the presidency last week, of negative consequences if they fail to recognize Taiwan is a part of China under Beijing's "one China" ...Despite thre
    • China's 'feud' over economic reform reveals depth of Xi Jinping's secret state - The Guardian May 26, 2016
      The GuardianChina's 'feud' over economic reform reveals depth of Xi Jinping's secret stateThe Guardian“The recent People's Daily interview … not only exposes a deep rift between [Xi and Li] … it also shows the power struggle has got so bitter that the president had to resort to the media to push his agenda,” one commentator said in t
    • Warning sign: China sets currency at 5-year low - CNNMoney May 26, 2016
      CNNMoneyWarning sign: China sets currency at 5-year lowCNNMoneySome believe China's latest currency move was to get ahead of a Federal Reserve interest rate hike, which will probably make the U.S. dollar even stronger. Others point to a slew of ho-hum economic data from China. The bottom line is: the chiefs of the ...and more »