China Current Events

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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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    • Taiwan stands up to China with World War II military parade - Yahoo News July 4, 2015
      Yahoo NewsTaiwan stands up to China with World War II military paradeYahoo NewsTAIPEI, Taiwan (AP) — Taiwan marched out thousands of troops and displayed its most modern military hardware Saturday to spotlight an old but often forgotten claim that its forces, not the Chinese Communists, led the campaign that routed imperial ...and more »
    • China Setting Up Fund to Stabilize Stock Market - Wall Street Journal July 4, 2015
      Wall Street JournalChina Setting Up Fund to Stabilize Stock MarketWall Street JournalBEIJING—China is establishing a market-stabilization fund aimed at fighting off the biggest stock selloff in years, according to an official statement and people with knowledge of the matter. A total of 21 Chinese brokerages will invest 120 billion ...and more »
    • Japan pledges $6 billion to Mekong nations as China prepares new bank - Yahoo News July 4, 2015
      Yahoo NewsJapan pledges $6 billion to Mekong nations as China prepares new bankYahoo NewsTOKYO (Reuters) - Japan said on Saturday it would extend around $6 billion in development aid to Mekong region countries, as China prepares to launch a new institutional lender seen as encroaching on the regional clout of Tokyo and ally Washington.China and Japan Are Get
    • South Korean navy officer arrested on charges of spying for China - The Guardian July 4, 2015
      The GuardianSouth Korean navy officer arrested on charges of spying for ChinaThe GuardianA lieutenant commander assigned to the Defense Security Command faces charges that he handed over classified information to a suspected Chinese agent while studying in China from 2009 to 2012. He allegedly passed military materials to a university ...South Korean Navy Of
    • Panic wipes £2tn off Chinese shares - The Guardian July 3, 2015
      The GuardianPanic wipes £2tn off Chinese sharesThe GuardianThe China Securities Regulatory Commission, the market watchdog, said it would launch an investigation into suspected stock market manipulation, without giving details of how long the probe would take or which organisations were under suspicion.Troubling Lessons in China's Crumbling Stock Market
    • China's abandoned children - Aljazeera.com July 3, 2015
      Aljazeera.comChina's abandoned childrenAljazeera.comChina has been shocked by the apparent suicide of four children abandoned by their parents. The five to 14-year-olds were left to fend for themselves in the southwestern province of Guizhou, one of China's poorest regions. First their mother moved out ...and more »
    • Earthquake Rocks Western China; At Least 3 Dead, Several Injured, Thousands ... - The Weather Channel July 3, 2015
      The Weather ChannelEarthquake Rocks Western China; At Least 3 Dead, Several Injured, Thousands ...The Weather ChannelState-run Xinhua news agency said that the Chinese government had issued a grade-IV emergency response -- the lowest level in China's emergency response efforts -- for areas hit by the earthquake, mobilizing resources for recovery efforts
    • Margin calls fuel China's dramatic stock market collapse - The Guardian (blog) July 3, 2015
      The Guardian (blog)Margin calls fuel China's dramatic stock market collapseThe Guardian (blog)What goes up, can also come down, as the old adage and the modern-day investor warning go. And that is precisely what the tens of millions of people who hold shares in China have been discovering. Chinese stocks had doubled between last November ...
    • World Bank Deletes Critical Passage on China - Wall Street Journal July 3, 2015
      Wall Street JournalWorld Bank Deletes Critical Passage on ChinaWall Street JournalBEIJING—The section of a World Bank report that calls on China to reduce government interference in the nation's financial system starting “at the highest level” has been removed from the bank's website two days after it was released. A note on the ...China's Boo
    • 'Cold War mentality': Beijing slams new US military strategy over South China Sea - RT July 3, 2015
      RT'Cold War mentality': Beijing slams new US military strategy over South China SeaRTBeijing has been expressed outrage over the recently updated US National Military Strategy, which called Chinese claims in the South China Sea worrisome and “inconsistent with international law.” China's Foreign Ministry spokeswoman, Hua Chunying, ...China Clo