China Current Events

Chinese News Site Updated Daily

Current Events in China: August 25

Posted on | August 24, 2012 | No Comments

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 buying more smartphones than feature phones for the first time.  Read more

Exclusive: North Korean leader seeks trip to China for economic help

North Korea’s young leader wants a state visit to China in the latest move in his push to lift the isolated state out of decades of poverty, but risks further fraying ties with his only powerful ally by sticking to the threat of a new nuclear test.  Read more

China should prepare for economic uncertainty: paper

China should ready plans to respond to near term risks in an economy facing significant downward pressure, but keep the broad policy focus on longer term structural adjustments, the official People’s Daily said in a front page editorial on Friday.  Read more

Rape suspect Justin Lee turns himself in

Justin Lee, a Taipei socialite wanted for allegedly drugging and raping several women and filming the acts, was taken into custody on Friday.  Read more

Young Chinese women flaunt money and ore online

Flaunting wealth has become a trend on China’s microblogging sites, despite the risk of public opprobrium this may bring from other internet users. Newer followers of the trend are considered the heirs to Guo Meimei — the young woman who found herself caught up in a scandal last year after she posted photos of herself living a luxurious lifestyle while claiming to work for a charity.  Read more

Comments

Leave a Reply

You must be logged in to post a comment.

  • RSS China Current Events

    • Exclusive: Secret NSA Map Shows China Cyber Attacks on US Targets - NBCNews.com July 30, 2015
      NBCNews.comExclusive: Secret NSA Map Shows China Cyber Attacks on US TargetsNBCNews.comA secret NSA map obtained exclusively by NBC News shows the Chinese government's massive cyber assault on all sectors of the U.S economy, including major firms like Google and Lockheed Martin, as well as the U.S. government and military. The map ...and more »
    • Ex-Military Leader in China Is Subject of Graft Inquiry - New York Times July 30, 2015
      New York TimesEx-Military Leader in China Is Subject of Graft InquiryNew York TimesHONG KONG — A former commander of the People's Liberation Army was expelled from the Chinese Communist Party and placed under investigation for graft crimes on Thursday, becoming the most senior military figure brought down in President Xi ...Chinese general Guo Boxiong a
    • China Blames US Military Actions for Tensions in the South China Sea - New York Times July 30, 2015
      Voice of AmericaChina Blames US Military Actions for Tensions in the South China SeaNew York TimesHONG KONG — A top Chinese official said Thursday that American military drills and surveillance flights in the South China Sea were threatening regional stability, a harsh assessment that seemed likely to heighten tensions between the two countries ...China Stag
    • In China Stocks, Late Jolts Are New Normal - Wall Street Journal July 30, 2015
      Wall Street JournalIn China Stocks, Late Jolts Are New NormalWall Street JournalFor now, they have identified two key factors: afternoon margin calls from lenders, which often prompt a wave of selling, and the looming presence of Chinese authorities. China has vowed to support the market by buying stocks, but investors have ...China stock regulator restricts
    • Corporate giants sound profits alarm over China slowdown - Financial Times July 30, 2015
      Financial TimesCorporate giants sound profits alarm over China slowdownFinancial Times“In Asia, the China market has clearly slowed,” said Akhil Johri, chief financial officer at United Technologies, the US industrial group at the company's earnings call last week. “Real estate investment, new construction starts and floor space sold ...and more »
    • Obama Orders Development Of Supercomputer To Rival China's 'Milky Way' - NPR July 30, 2015
      NPRObama Orders Development Of Supercomputer To Rival China's 'Milky Way'NPRPresident Obama has ordered the development of a supercomputer that is some 20 times faster than the world's current record-holder and is expected to go online by 2025. A machine at China's National University of Defense Technology in Guangzhou, ...and more »
    • Why China is not a global superpower — yet - Fortune July 30, 2015
      FortuneWhy China is not a global superpower — yetFortuneWhat do the fluctuations in China's capital market mean for the global economy? As can be seen in the recent stock market slide, capital markets outside of China were impacted, but quickly rebounded. Make no mistake, whatever happens in China certainly ...and more »
    • Some fear China's slide may crash the art market - CNBC July 30, 2015
      CNBCSome fear China's slide may crash the art marketCNBCChinese property company Dalian Wanda Group shelled out $20.4 million for one of Monet's masterpieces: "Bassin aux nympheas les rosiers." Chinese media mogul Wang Zhongjun paid $29.9 million for Picasso's "Femme au Chignon un Fauteuil," while an ...
    • In China, Michael Jordan does not hold the rights to his own name - Quartz July 30, 2015
      QuartzIn China, Michael Jordan does not hold the rights to his own nameQuartzThe real Michael Jordan has been defeated by his Chinese imitator after years of lawsuits. The 52-year-old basketball legend lost a trademark suit against Qiaodan Sports, a Chinese sportswear company based in southern Fujian province, after China's ...Michael Jordan Loses China
    • Fears over China's market crash are overblown - CNNMoney July 29, 2015
      CNNMoneyFears over China's market crash are overblownCNNMoneyThe stock market in China is notably different from other major trading floors. It is highly speculative and the bets placed by the retail investors who play there are unlikely to reflect broader economic and corporate trends; particularly when ...How China's stock market bubbled ... then