China Current Events

Chinese News Site Updated Daily

Current Events in China: October 1

Posted on | September 30, 2012 | Comments Off

China Manufacturing Slowdown Persists Before Handover

China’s manufacturing contracted for an 11th straight month, a private survey found, increasing pressure on the government to bolster growth in the world’s second-largest economy.  Read more

Big money bets on China growing old, and rich

At the Happy Community housing development in Beijing, China’s largest property developer is setting aside 24,000 square meters (258,000 sq ft) for active seniors to test whether this rapidly ageing nation will pay for Western-style retirement living.  Read more

In urban Taiwan, indoor shrimp fishing is booming

Shrimp fishing in Taiwan has moved indoors over the years, and it now is a popular activity among city dwellers in Taipei and elsewhere.  Read more

Beijing’s Sept. land sales second highest on record

The Beijing municipal government netted 25.74 billion yuan (4.06 billion U.S. dollars) in land sales in September, the highest for a month since Dec. 2010, new data has revealed.  Read more

Without gov’t help, bereaved elderly suffer under one-child norm

When Wu Rui’s 12-year-old daughter died she lost not just the only child she would ever have but also her source of security and support in old age.  Read more

Polo power: China’s nouveau riche flock to playing fields

Polo enjoys resurgence across Beijing and Shanghai as rich and powerful revel in opportunity to flash their cash.  Read more

Surveys hint at poor level of social mobility in China

To what extent does your family background affect your life? A survey in China has found that parents’ occupations do have some effect on the jobs of their offspring. Yet another survey shows that most people still believe one’s fate can be changed, reports our sister newspaper China Times.  Read more

Comments

Comments are closed.

  • RSS China Current Events

    • Shanghai shares open down 1.56% ahead of final Caixin PMI - CNBC September 1, 2015
      CNBCShanghai shares open down 1.56% ahead of final Caixin PMICNBCAsian stocks declined early Tuesday, following a negative lead from Wall Street and as investors digested the slew of economic data out of China. China's official manufacturing purchasing managers' index (PMI) edged down to 49.7 in August from 50 in ...Fresh factory data confirms slow
    • Asian shares nervous ahead of China data - Reuters September 1, 2015
      ReutersAsian shares nervous ahead of China dataReutersChina's official factory sector activity likely shrank at its fasted pace in three years in August, according to a Reuters poll of economists. Similar surveys on service sector activity will also be released in the early morning. MSCI's broadest index ...China's Stocks Cap Biggest Selloff S
    • The Real Global Threat Of China's Eroding Economic Credibility Is At Home - Forbes August 31, 2015
      Slate Magazine (blog)The Real Global Threat Of China's Eroding Economic Credibility Is At HomeForbesChina's 'economic miracle' over the past 35 years has been the envy of many other emerging market countries; indeed, of some advanced countries too. Yet in just over a period of a few weeks, global economic officials are deeply concerned ab
    • Large Blast Reported in Chinese City - Wall Street Journal August 31, 2015
      9news.com.auLarge Blast Reported in Chinese CityWall Street JournalA large blast ripped through a chemical-focused industrial zone in a northeastern Chinese city late Monday, according to official media, less than a month after a chemical explosion killed more than 150 people and raised concerns about industrial ...Explosion reportedly rocks second chemical
    • Will Australia's property market suffer with China crackdown? - The Australian Financial Review August 31, 2015
      The Australian Financial ReviewWill Australia's property market suffer with China crackdown?The Australian Financial ReviewA survey conducted by the Financial Times suggesting that almost half of high net worth individuals on mainland China plan to invest more than 30 per cent of their assets overseas. Just under two-thirds of those surveyed said they p
    • Japan plans largest ever defence budget to counter China's reach - The Guardian August 31, 2015
      The GuardianJapan plans largest ever defence budget to counter China's reachThe GuardianThe increases since then reflect its growing anxiety about China's expanding naval reach. The rise is also in line with Japan's more assertive defence policy under the conservative prime minister, Shinzo Abe, as he seeks to check Chinese influence and ...Ja
    • China pins market plunge on financial journalist, airs 'confession' - Washington Post August 31, 2015
      Wall Street JournalChina pins market plunge on financial journalist, airs 'confession'Washington PostWhat's roiling China's stock market? A journalist, apparently. Wang Xiaolu, a reporter for a respected Chinese business magazine, "confessed" to causing chaos and panic in the markets, state media reported Sunday. In footage broa
    • China Punishes Nearly 200 Over 'Rumors' About Stocks, Blasts and Parade - New York Times August 31, 2015
      NBCNews.comChina Punishes Nearly 200 Over 'Rumors' About Stocks, Blasts and ParadeNew York TimesThe so-called rumors were related to China's continuing stock market uncertainty, the recent industrial explosions in Tianjin and the military parade scheduled for Thursday to commemorate the 70th anniversary of the end of World War II, the ministry
    • ​China's sale of US debt: Safety valve or cause for concern? - CBS News August 31, 2015
      Bloomberg View​China's sale of US debt: Safety valve or cause for concern?CBS NewsBloomberg News reports that China is selling billions of dollars of its massive inventory of U.S. Treasuries to raise dollars to buy back and stabilize the country's own currency. The move comes amid a sharp decline in Chinese stocks in recent months ...China Has Lots
    • US developing sanctions against China over cyberthefts - Washington Post August 31, 2015
      FortuneUS developing sanctions against China over cybertheftsWashington PostThe Obama administration is developing a package of unprecedented economic sanctions against Chinese companies and individuals who have benefited from their government's cybertheft of valuable U.S. trade secrets. The U.S. government has not yet ...White House mulls sanctioning C