China Current Events

Chinese News Site Updated Daily

Current Events in China: August 29

Posted on | August 28, 2012 | Comments Off

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 Chinese policemen arrived at the Wyndham Grand Plaza Royale, a five-star hotel on the north-east shores of Hangzhou’s West Lake.  They were there to arrest Yu Zhongjiang, a balding 47-year-old former taxi driver with a small goatee beard, who happened to also be the hotel’s owner.  Read more

China invests £235 billion to tackle pollution

China will pump nearly £235 billion into pollution reduction and energy saving schemes before 2015 in a bid to clean up its notoriously toxic environment.  Read more

Company Admits Using Ethanol to Make Liquor

State-owned Gujing says blending grain alcohol into low-end baijiu is in line with national standards.  Read More

Uncertainty Clouds Development of Shale Gas Sector

China has big plans to develop its shale gas resources, but questions over foreign investment and technology must still be addressed.  Read more

China test-fires new ballistic missile

China today announced that it has successfully test-fired a new 14,000 km range inter-continental ballistic missile which can carry multiple warheads, providing it with a “first strike capability” to attack targets deep inside the US and round the world.  Read more

The weak spot in China’s economy

The giant production engine that is China excels at making more and more stuff. But it’s not good at slowing down, and when demand falls, that’s a profit killer.  Read more

Hong Kong police target Pearl River triads

Operation Thunderbolt leads to 1,200 arrests after police use undercover agents to infiltrate gangs.  Read more

BASF says Chinese customers cutting inventories

The world’s largest chemicals maker BASF said its business in China is stagnating because industrial customers continue to run down their inventories amid economic uncertainty.  Read more

Ford readies Lincoln launch in China by 2014

Ford Motor Co will launch its Lincoln brand in China within two years as it races to catch up with rivals in the world’s largest auto market and home to a growing number of luxury buyers.  Read more

China Increases Rare Earth Export Quotas?

An announcement by China to increase rare earth element export quotas has surprised many commodity experts. China has been holding very tight control over the metals for the past few years.  Read more

Japan demands redress after ambassador’s car attacked in Beijing

After a car carrying the Japanese ambassador to China, Uichiro Niwa, was waylaid and attacked on Monday, the Japanese embassy has demanded the assault be treated as a criminal case as anti-Japanese sentiment remains high in the country, reports our sister newspaper, China Times.  Read more

Shamborghini: Jiangsu man carts manure in homemade sports car

A man from Jiangsu in eastern China has built his own version of a Lamborghini which he has used to transport manure. The police say the car is illegal, reports the Guangzhou Daily.  Read more

Nanjing paper punished for exposing Liu Xiang injury scandal

The management staff of a Nanjing-based newspaper have been punished for revealing that China’s state broadcaster CCTV knew about Olympic hurdler Liu Xiang’s injury heading into his failed heat in London, reports the Hong Kong newspaper Ming Pao.  Read more

Chinese Retailers Losing Steam as Slowdown Undermines Wen’s Consumer Push

China’s retailers from clothing to computers are reporting weaker sales growth, undermining Premier Wen Jiabao’s goal of relying more on consumer spending for expansion as the economy cools.  Read more

Japan Releases Senkaku Showdown Video

The latest bubbling of tensions between China and Japan over the disputed Senkaku Islands shows no signs of simmering down.  Read more and See video

Comments

Comments are closed.

  • RSS China Current Events

    • Uber's expansion in China has been near-flawless—except it may be too late - Quartz December 17, 2014
      ReutersUber's expansion in China has been near-flawless—except it may be too lateQuartzBaidu, China's dominant search engine, today confirmed a strategic investment in Uber, the US-based on-demand car app that launched in China earlier this year. In addition to an undisclosed financial investment, Uber will be promoted on Baidu's maps ...Uber
    • Slowdown in China Bruises Economy in Latin America - New York Times December 17, 2014
      New York TimesSlowdown in China Bruises Economy in Latin AmericaNew York TimesFor policy makers gathered here last week for the International Monetary Fund's conference on challenges to Latin America's prosperity, there seemed to be no more clear and present danger than China's slowdown. “The commodity boom allowed ...and more »
    • Asia Isn't Ready for a China Crash - Bloomberg View December 17, 2014
      Bloomberg ViewAsia Isn't Ready for a China CrashBloomberg ViewAs China's first full year of rebalancing draws to close, how has President Xi Jinping done? Reasonably well, it seems. Growth appears to be moderating gently, stocks continue to soar and most economists still foresee a soft landing rather than ...Asia needs to prepare for a possible Chi
    • China Raises Estimate of Size of Economy - ABC News December 17, 2014
      BBC NewsChina Raises Estimate of Size of EconomyABC NewsChina on Tuesday raised its official estimate of last year's gross domestic product, possibly moving closer to passing the United States as the biggest economy. There was no indication the change would affect official policy. But higher output might ...Is China's economy really the largest in
    • US slaps hefty duties on solar goods from China, Taiwan - Reuters December 17, 2014
      ReutersUS slaps hefty duties on solar goods from China, TaiwanReutersWASHINGTON (Reuters) - The United States on Tuesday confirmed steep import duties on solar products from China and Taiwan, in a decision that could inflame trade tensions between the two countries. Anti-dumping duties for Chinese goods were set as ...US Imposes Steep Tariffs on Chinese Sola
    • US says has not received notice of China approving Viptera corn - Chicago Tribune December 16, 2014
      BloombergUS says has not received notice of China approving Viptera cornChicago TribuneGlobal grain handlers Cargill Inc [CARG.UL] and Archer Daniels Midland, along with dozens of U.S. farmers, have sued Syngenta over MIR 162. They claim the seedmaker misled the farm industry about the timeline for approval from China, a major buyer.China Said to Signal Lift
    • China Is Building a New Silk Road to Europe, And It's Leaving America Behind - Mother Jones December 16, 2014
      Mother JonesChina Is Building a New Silk Road to Europe, And It's Leaving America BehindMother JonesOn that day, in the city of Yiwu in China's Zhejiang province, 300 kilometers south of Shanghai, the first train carrying 82 containers of export goods weighing more than 1,000 tons left a massive warehouse complex heading for Madrid. It arrived on .
    • China, Russia, India, and Mexico launder as much money as the next 141 ... - Washington Post (blog) December 16, 2014
      China, Russia, India, and Mexico launder as much money as the next 141 ...Washington Post (blog)Everybody's heard about the economic growth of China, India, Mexico and Russia (well, at least, until recently). But it turns out that success has come with a big asterisk: These countries now are the biggest source of illegal money in the world ...and more »
    • China Ignores Deadline In South China Sea Arbitration Case, Dismisses Claims ... - International Business Times December 16, 2014
      International Business TimesChina Ignores Deadline In South China Sea Arbitration Case, Dismisses Claims ...International Business TimesChina has ignored a deadline given by an international court to make its official territorial claims in the hotly disputed South China Sea to counter the claims made by the Philippines. China's government allowed the de
    • ​'Human microwave': China's controversial ray gun inflicts unbearable pain - RT December 16, 2014
      RT​'Human microwave': China's controversial ray gun inflicts unbearable painRTChina has presented Poly WB-1, a non-lethal ray gun that can be used for crowd dispersal, by making its targets feel like their skin is on fire. The US version of the weapon was shelved due to practical difficulties and the potential public backlash ...and more »