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Current Events in China: August 31

Posted on | August 31, 2012 | Comments Off

Death toll from blast at China coal mine rises to 26: Xinhua

The death toll from a gas explosion at a coal mine in southwest China has risen to 26 and rescue workers were trying to pull out another 21 still trapped underground, state media said Thursday.  Read more

Chinese toddler’s karaoke tantrum ends in bloodbath

A Chinese toddler’s refusal to give up the microphone during a family karaoke evening started a quarrel that left two men hacked to death with a meat cleaver.  Read more

Canada opposition attacks government over CNOOC Nexen bid

Canada’s main opposition party criticized how the government is handling a $15.1 billion bid by China’s CNOOC Ltd for Canadian oil producer Nexen Inc on Thursday, underlining how politically sensitive the matter has become.  Read more

How much ‘exchange’ happens on China’s youth abroad programs?

Sending their children to study and travel abroad in the hopes of improving their language skills and broaden their horizons has became quite the fad for wealthy Chinese families. But many questions have been raised about the effectiveness of such short-term learning programs and excessively high costs.  Read more

Hong Kong to Speed Up Home Sales, Limit Foreigner Purchases as Prices Soar

Hong Kong will boost the supply of homes and give preference to local buyers as it seeks to cool housing prices that have surged to the world’s most expensive, fueled by record-low interest rates and Chinese investment.  Read more

Defending the East China Sea From China

The U.S. military is pivoting to East Asia as territorial flare-ups spread across the region. The WSJ’s Deborah Kan speaks with defense expert Dr. John Lee about the increasing U.S. presence and its affect on China and its neighbors.  Read more

Hong Kong Discovers 140 Million Year-Old Super volcano

Some 140 million years after it erupted and then toppled into the sea, an ancient supervolcano in Hong Kong is making headlines.  Read more

Foreign investors look inland for new opportunities

The last time foreign companies cut their investment in China, the world was reeling from the financial crisis.  Read more

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