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 [...]