China Current Events

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China Current Events: March 23

Posted on | March 22, 2013 | Comments Off

China ‘to overtake America by 2016′

China is on track to overtake America as the world’s biggest economy in 2016 as its growth accelerates, according to a report by the Organisation for Economic Co-operation and Development.  Read more

Signs of financial crisis evident in China: economists

Many recent signs from China’s economy have similarities to the conditions seen in countries hit hardest by the 2008 financial crisis, according to Nomura Holdings, one of Japan’s major securities firms.  Read more

S. Korea Says Source of Cyberattack Didn’t Come From China

South Korean officials said a cyberattack that froze networks at broadcasters and banks this week came from a domestic source and not China, contradicting an initial conclusion.   Read more

Who Won the Iraq War?

On March 20th, 2003, one day after the United States and a “Coalition of the Willing” began its military assault of Iraq, China’s Foreign Ministry released a statement condemning the war.  Read more

Russia and China in Major Natural Gas Supply Pact

After more than a decade of talks, Russia has agreed to supply China with natural gas, a deal that could see China surpass Germany as the largest importer of Russian gas.  Read more

Japan warms to Taiwan, isolates China, in territorial sea dispute

Taiwan says Japan is set to give it fishing rights to waters around a set of disputed islands. That could mean that Japan wants Taiwan on its side in the struggle against China over the disputed ocean.  Read more

Hopes high in China for Suntech bailout

The local government in Suntech Power’s home town is seeking to bail out China’s  biggest solar panel maker to stave off its collapse, a person with knowledge of  the matter told Reuters on Thursday.  Read more

16,000 pigs recovered in rivers that feed Shanghai

The number of dead pigs recovered in the last two weeks from rivers that supply water to Shanghai has risen to more than 16,000.   Read more

China’s ‘sex capital’ tries to clean up its act

Dongguan, a city in south China’s Guangdong province known as “China’s sex capital” among Taiwanese businessmen, has tried to clean up its image through a series of television commercials aired on the Discovery Channel, reports our sister newspaper China Times.  Read more
 

 

China Current Events: March 22

Posted on | March 21, 2013 | Comments Off

24 dead as tornado, hailstorms lash south China

At least 24 people died and scores were injured after a tornado carrying huge hailstones lashed southern China, causing widespread devastation and a ferry to capsize, domestic media reported Thursday.  Read more

South Korea traces cyber-attacks to Chinese IP address

Suspicion for simultaneous shutdown still focused on North Korea despite discovery of attack’s apparent origin.  Read more

Four-winged birds? Feathery-legged fossils date back to dinosaur days.

Four-winged birds may have flown over Asia about 100 million years ago. New fossils show that four different types of birds had stiff feathers on their legs.  Read more

David Beckham woos Chinese football fans

The former England star drew large crowds in Beijing as he took part in a kickabout to promote China’s Super League and the country’s youth football programme.  Read more

Eight Questions: Hou Xiaoshou on Community Capitalism

Over the past three decades, China has adopted anything but a textbook version of market economics. Indeed, China’s capitalism leaves room for socialism.  Read more

A Building Boom as Chinese Art Rises in Stature

After years of fevered activity, museum building and expansion in the United States have slowed to a crawl under a low-lying economic cloud. In Europe, where the climate is even stormier, venerable state-financed institutions go begging for cash.  Read more

China, Pakistan reach secret nuclear reactor deal for Pakistan

China and Pakistan reached a formal agreement last month to  construct a third nuclear reactor at Chashma that the Obama  administration says will violate Beijing’s promises under an international  anti-nuclear weapons accord.  Read more

 

 

Current Events in China: March 21

Posted on | March 21, 2013 | Comments Off

Xi Visits Russia as China Seeks Bigger Global Role

Xi Jinping heads to Russia on Friday on his first foreign visit as president amid signs he wants China to be more assertive in challenging U.S. leadership in Asia while looking for new energy sources to fuel the Chinese economy.  Read more

China manufacturing rises but first-quarter momentum may be muted

Growth in China’s vast manufacturing sector picked up in March after a holiday dip, a preliminary survey of factory managers showed on Thursday, pointing towards solid but not spectacular first-quarter growth in the world’s second-largest economy.  Read more

Major Chinese solar company goes bankrupt

China’s Suntech Power has put its largest subsidiary into bankruptcy, a casualty of rampant oversupply in the solar industry and punishing sanctions levied on Chinese panel producers.  Read more

Chinese university invents world’s lightest material

Chinese scientists have successful developed an aerogel that they claim is the lightest material in the world. The density of the gel is only one sixth of air at 0.16 milligrams per cubic centimeter, 0.04 milligrams lighter than aerographite, a substance produced by German scientists last year which hitherto held the record.   Read more

China Current Events: March 20

Posted on | March 19, 2013 | Comments Off

China spy case? Civilian with Top Secret access provided info, US charges.

An employee of a defense contractor at US Pacific Command in Hawaii, a civilian with Top Secret security clearance, is charged with providing classified information to a suspected Chinese spy.  Read more

Stephon Marbury will coach a bit in China

In America, Stephon Marbury is something of a pariah — “the forgotten superstar everyone remembers.” The story in China, where Marbury has played for the last few years, is somewhat different.  Read more

Can China End Corruption?

The country’s new leaders say they will. But how much power do they have? Part of an ongoing series of discussions with ChinaFile.  Read more

China’s Housing Prices Rise Further

New-home prices in China rose sharply in February from January, prompting speculation that Beijing will crack down further on property speculation.  Read more

China’s investment overseas soars 147 percent

Chinese investment overseas in January and February soared 147 percent year-on-year to US$18.39 billion, official data showed Tuesday — more than foreign direct investment (FDI) into the country itself.  Read more

 

China Current Events: March 19

Posted on | March 18, 2013 | Comments Off

China Arrests Man After Wife’s Self-Immolation Protest

The Chinese police arrested the husband of a Tibetan woman who died last week after setting herself alight in protest, an overseas group said on Monday, following a separate fatal self-immolation at a Tibetan Buddhist monastery over the weekend.  Read more

China Seen Canceling Subsidy for Largest Solar Projects: Energy

China, forecast to become the largest solar-power market this year, may abolish subsidy programs for some of its largest projects and target the money instead to smaller ones, an industry official said.   Read more

China pours cash into melting Arctic in bid to win influence

China’s growing economy needs minerals and oil – and its gaze is increasingly focused northwards.  Read more

China diplomat urges businesses in Africa to operate ethically following recent  criticism

Chinese businesses operating in Africa need to follow local laws and put  long-term benefits ahead of short-term gains, a Beijing diplomat said Monday,  acknowledging that rising trade had created “growing pains” in economic ties.  Read more

China’s elderly to sue children for negligence

In 10 years as the head of an aged-care centre in Confucius’ home town of Qufu,  Yang Youling has seen the Chinese philosopher’s exhortation of filial piety  turned on its head.  Read more

FBI arrests NASA contractor employee trying to flee to China

Bo Jiang, the Chinese national scientist employed by a NASA contractor for work at the space agency’s Langley Research Center, was arrested Sunday by the FBI at Dulles International Airport as he tried to flee to China, according to Rep. Frank Wolf, R-VA.  Read more

Current Events in China: March 18

Posted on | March 17, 2013 | Comments Off

China Becomes World’s Fifth Largest Arms Exporter

China has bypassed Britain as the world’s fifth largest arms exporter, a Swedish think-tank said Monday.  Read more

Tibetan self-immolates in China: rights groups

A Tibetan Buddhist monk has died after setting himself ablaze in China, Western rights groups said, the latest in a string of self-immolations in protest against Chinese rule.   Read more

Over 12,000 dead pigs fished out in China

Chinese workers have fished more than 12,000 dead pigs out of a main waterway in the cities of Shanghai and Jiaxing over the week, in a scandal that has spotlighted China’s troubles with food safety, according to officials.  Read more

China’s new premier Li Keqiang ‘to cut state control over economy’

China’s new premier promised a smaller role for the state in the world’s second biggest economy, pledging to give up control in a “painful” but necessary effort to support growth.  Read more

China’s 300 drones a growing force against US Navy

China would be able to equip the People’s Liberation Army with nearly 300 unmanned aerial vehicles against US aircraft carrier in a potential conflict, according to a 29-page report published by the US-based Project 2049 Institute.  Read more

 

 

 

 

 

 

Current Events in China: March 16

Posted on | March 15, 2013 | Comments Off

China’s Achilles heel is pollution

From the 64th floor of the Park Hyatt hotel the Beijing vista is stunning. Skyscrapers, some surrealistically shaped like walking trousers and others like corn on the cob, ringed by streetlights and bright neon signs present an awe-inspiring image of an opulent, rising power.  Read more

Reporter detained in China live on TV   

Viewers of the 24-hour British channel Sky News on Friday were treated to the bizarre sight of reporter Mark Stone being directed into a police van live from Beijing.  Read more

‘China Didn’t See This Coming’

Strolling through the border town of Ruili, one could be forgiven for forgetting they’re in China. Palm trees line narrow streets throughout the city. Many signs are in Burmese. Brightly dressed Dai, Jingpo and De’ang locals share the sidewalk with Burmese and the occasional bearded Bangladeshi or Pakistani.  Read more

Li Keqiang assumes role as China’s premier

China’s legislature formally chose Li Keqiang (李克強) as premier on Friday, installing an English-speaking bureaucrat as the man in charge of the economy, the world’s second-largest, and its aim of reviving growth through consumer-led expansion.  Read more

336 million abortions under China’s one-child policy

More than half a billion birth control procedures, including at least 336 million abortions, have been performed in the name of the one-child policy, China’s Health ministry revealed yesterday.  Read more

Panda porn shown in attempt to get two to mate

Vets in China have shown a pair of pandas pornography, in an attempt to get them to mate.  Read more

Why Wealthy Chinese Are Giving Up U.S. Green Cards

An American passport can be a costly accessory since with U.S. citizenship come U.S. taxes. The WSJ’s Wei Gu explains why some wealthy Chinese are instead taking advantage of offers to become citizens of cash-strapped European countries and wealthy Asian cities.  Read more

 

China Current Events: March 15

Posted on | March 14, 2013 | Comments Off

China Buys Stake in African Gas Field From Eni

Eni, the Italian energy giant, on Thursday sold China National Petroleum Corp. a 20 percent stake in its natural gas project off the coast of Mozambique, its largest gas discovery to date.  Read more

The Deeply Odd Lives of Chinese Bureaucrats

As a bureaucrat, author Wang Xiaofang says he came across a rogue’s gallery of real-life characters: a woman who had plastic surgery on her backside so she could sleep her way to the top; a flooded apartment filled with cash owned by a top bureaucrat; another official who consulted a feng shui master to build a bridge, only because he felt he was supposed to have a bridge in his life.  Read more

China hacker’s angst opens a window onto cyber-espionage

Young man’s blog provides a rare glimpse of the secretive hacking establishment of the Chinese military, whose efforts have become a growing concern to the U.S.  Read more

Gilbert Arenas discusses his experience in China in new interview

Erstwhile NBA combo guard Gilbert Arenas, once the internet’s favorite basketball player, had about as unceremonious an exit from the league as a three-time All-Star can have.  Read more

China crackdown on property market sends iron ore price sliding

THE price of iron ore has dropped to its lowest level since mid-December, following a slump in steel prices after China tightened property restrictions.  Read more

 

China urges Vatican to drop ties with Taiwan

China hopes for improved ties with the Roman Catholic Church, it said on Thursday, a day after the election of the new pope, but it stressed the Vatican must take the initiative and end diplomatic relations with Taiwan.  Read more

China launches probe against Coke for mapping sensitive areas

China has launched an anti-espionage investigation against US-based Coca-Cola for allegedly conducting illegal mapping in many sensitive areas of the mainland, a move that may escalate a spying row between Beijing and Washington.  Read more

TW Defense Ministry confirms report of plan to build subs

Taiwan’s Ministry of National Defense has launched efforts to study the feasibility of building indigenous submarines, according to a statement released Tuesday.  Read more

 

 

Current Events in China: March 14

Posted on | March 13, 2013 | Comments Off

Shanghai river pig toll doubles as fear mounts

The number of dead pigs found in Shanghai’s main river has doubled in two days to nearly 6,000, the government said, as residents worried over the water supply questioned the handling of the incident.  Read more

Shanghai residents declare war on drunken expats

A group of irate, bucket-wielding Shanghai residents has reportedly declared war on drunken expats who they accuse of disturbing their peace.  Read more

Russian satellite damaged by Chinese space debris

A Russian satellite has been damaged by the space debris left by China’s Fengyun 1C weather satellite, which was destroyed during the anti-satellite exercise launched by the People’s Liberation Army six years ago, according to the Party-run Global Times.  Read more

 

 

Current Events in China: March 13

Posted on | March 12, 2013 | Comments Off

China Cyberattacks: Beijing ‘Willing’ To Cooperate With U.S. In Cybersecurity

China says it is willing to cooperate with the United States in cybersecurity after the U.S. called on it to take “serious steps” to stop cyberattacks.  Read more

Selling Frenzy In China As Gov’t Slams Housing Bubble With Tax Hike

China is determined to poke holes in its housing bubble.  Nowhere is this attempt more forceful than in Shanghai, where the government introduced its first-ever property tax last year.  Read more

Greenlanders vote in election focused on mining, China

Voters in Greenland’s capital braved heavy snow and crowded into its one polling station on Tuesday in an election which pits economic development against concerns over the environment and Chinese influence.  Read more

Why China is taking a burning interest in North Sea oil and gas

China’s decade-long acquisition spree has taken an unlikely turn as Britain’s long-declining North Sea oil and gas industry finds itself at the centre of the Asian juggernaut’s latest phase of expansion.  Read more

Economist: China Plenty Creative, Just Not in Right Ways

Operating in a country where something as modest as opening a cigar shop can be fraught with difficulty, Chinese entrepreneurs are renowned for being able to find creative solutions to a wide range of everyday problems. But that resourcefulness won’t serve China’s economy in the long run, according to one veteran China watcher.  Read more

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