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Current Events in China: August 2

China official PMI shows factory sector barely growing China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July, suggesting the sector is barely growing, while a rival HSBC survey indicated the more market-sensitive private sector is starting to recover.  Read more China big city spenders confound global gloom: survey Consumer […]

Current Events in China: July 20

China reprimands Russia for alleged attack on Chinese fishing boats Chinese Vice Foreign Minister Cheng Guoping on Thursday expressed strong dissatisfaction with Russia over an alleged attack on a Chinese fishing vessel, which has left a fisherman missing.  Read more China pledges US$20 bil. credit to African nations Chinese President Hu Jintao on Thursday pledged […]

Current Events in China: May 11

Picking Apart Nationalist Rhetoric Around China’s New Oil Rig The decision by China National Offshore Oil Corporation to start drilling in Chinese waters off the coast off Hong Kong wouldn’t normally spark controversy. But coming at a time of heightened tensions over disputed territory in the South China Sea, and with pointed comments from CNOOC […]

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    • China investigating liquor suppliers for Viagra in alcohol - Eyewitness News August 2, 2015
      Eyewitness NewsChina investigating liquor suppliers for Viagra in alcoholEyewitness NewsThe Deshun Alcohol Plant in Guangxi's Liuzhou city were Viagra into three of their baijiu products. Nearly 100 000 liters of confiscated alcohol and close to 800 000 counterfeit DVDs and CDs. FILE: Food safety is a chronic problem in China and public ...Viagra '
    • Capital outflows reignite debate between China bulls and bears - Financial Times August 2, 2015
      Financial TimesCapital outflows reignite debate between China bulls and bearsFinancial TimesFor those who believe China's economic slowdown is worsening and risks from spiralling debt and wasteful investment are propelling the country toward a financial crisis, the spectre of capital flight lurks behind each new data point. They view capital ...and more
    • China risks turning its 1987-style crash into a much more devastating 1929 ... - Business Insider August 2, 2015
      Business InsiderChina risks turning its 1987-style crash into a much more devastating 1929 ...Business InsiderHaving spent the summer ruminating over the macro events in Europe, my focus has now turned to the U.S. stock market crashes of 1929 and 1987. Why, you might ask? The answer lies in China, where policy interventions in the face of a steep selloff are
    • China's Latest US Copy: Greenwich, Connecticut - NBCNews.com August 2, 2015
      China's Latest US Copy: Greenwich, ConnecticutNBCNews.comIn Hangzhou, a lush, green Chinese city outside of Shanghai, regional planners are developing an Asian-themed, slimmed-down version of Greenwich, Connecticut, that they hope will mimic its Western counterpart by becoming a hub for hedge funds and ...and more »
    • China central bank official sees downward pressure on economy persisting: paper - Reuters August 2, 2015
      ReutersChina central bank official sees downward pressure on economy persisting: paperReutersBEIJING Downward pressure on China's economy will persist in the second half of the year as growth in infrastructure spending and exports is unlikely to pick up, a senior central bank official was quoted as saying. Chinese companies are not optimistic ...and mor
    • China to Close Beijing's Airports During Military Parade - ABC News August 2, 2015
      TODAYonlineChina to Close Beijing's Airports During Military ParadeABC NewsChinese authorities have announced they will close Beijing's two airports during a military parade next month to mark the anniversary of victory over Japan in World War II. Flights will be banned or diverted for three hours from 9:30 a.m. on Sept. 3 ...China to close Beijing
    • China has its own horrors to atone for - Boston Globe August 2, 2015
      Boston GlobeChina has its own horrors to atone forBoston GlobeChina's ambassador to Tokyo revived the topic July 23, when he pointedly advised Japanese Prime Minister Shinzo Abe — who plans to deliver a speech marking the anniversary — to convey genuine contrition for the suffering caused by Japan's aggression.What China Means by a 'Correct Vi
    • China Is Tearing Down Crosses - Daily Beast August 2, 2015
      Daily BeastChina Is Tearing Down CrossesDaily BeastHONG KONG — Christians in China sometimes paint their crosses red to remind them of the blood shed by the faithful when Chairman Mao Zedong's shock troops tried to obliterate their faith almost 50 years ago. Now, many of China's Christians fear that ...and more »
    • Making sense of a wild week for China's economy - CNBC August 1, 2015
      CNBCMaking sense of a wild week for China's economyCNBCOn Friday, China was awarded the 2022 Winter Olympics, which will make it the first country to host both Summer and Winter Games. But that wasn't the big news out of China in the past week. A huge slide in the Chinese stock market on Monday and ...China woes fail to frighten big fund managersFi
    • What China Has Been Building in the South China Sea - New York Times July 31, 2015
      New York TimesWhat China Has Been Building in the South China SeaNew York Times“The announcement marks a change in diplomatic tone, and indicates that China has reached its scheduled completion on several land reclamation projects and is now moving into the construction phase,” said Mira Rapp-Hooper, director of the Asia Maritime ...China, Southeast Asia to