China Current Events

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Current Events in China: July 28

Chinese man rides rickshaw to London for games It’s a tale of Olympian proportions: A man, a rickshaw, and a slow journey from a Chinese village to London through 16 countries.  Read more China steps up stimulus spending at local level China is stepping up stimulus spending at the local level seeking to counter its […]

China Current Events

China, Malaysia launch first joint industrial park, pledge closer cooperation China and Malaysia on Sunday launched their first joint industrial park in south China’s Guangxi Zhuang autonomous region, pledging to further strengthen cooperation between the two nations.   Shale Gas Targets on China’s Front Burner Commercial production is zero, and no one knows how much […]

China Current Events:

Weibo Comments Suspended in Coup Rumour Aftermath Following rumours of a coup by allies of dethroned Chongqing Party chief Bo Xilai, Xinhua reported on Saturday that authorities have taken action against a number of websites and individuals involved in the rumours’ spread: Beijing’s Taxicab Contention As economic expansion benefits China’s growing middle class, long stagnant […]

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    • Fragile China? Don't be too sure - CNBC August 4, 2015
      CNBCFragile China? Don't be too sureCNBCWith earnings season now in full swing, China remains the buzzword – but for all the wrong reasons. As analysts and investors who have questioned the strength of the world's second-largest economy start to look a lot less like Cassandras wailing in the ...and more »
    • China Curbs Short Selling; Commodities Weakness Spreads - Wall Street Journal August 4, 2015
      Wall Street JournalChina Curbs Short Selling; Commodities Weakness SpreadsWall Street JournalChina shares made tentative gains Tuesday after officials announced fresh steps to rein in short selling, while commodities weakness spread to some Asian currencies, including the Malaysian ringgit. The Shanghai Composite Index rose 1.3% to 3671.49, ...The Repercussi
    • Asean talks: US and Philippines to defy China and raise South China Sea dispute - The Guardian August 4, 2015
      The GuardianAsean talks: US and Philippines to defy China and raise South China Sea disputeThe GuardianDespite China's objections, the United States and the Philippines will call for a stop to island-building work, military deployments and other aggressive actions that raise tensions in the disputed South China Sea in an annual diplomatic meeting in ...
    • China could be about to respond to the US's Asia pivot - Business Insider August 4, 2015
      Business InsiderChina could be about to respond to the US's Asia pivotBusiness InsiderChina's air force needs to broaden its air surveillance and attack capabilities in the western Pacific including the area near Japan to ensure its command of the skies, according to an official study. The report, prepared by the Air Force Command ...China's n
    • China Seeks Businessman Said to Have Fled to US, Further Straining Ties - New York Times August 4, 2015
      New York TimesChina Seeks Businessman Said to Have Fled to US, Further Straining TiesNew York TimesLOOMIS, Calif. — China is demanding that the Obama administration return a wealthy and politically connected businessman who fled to the United States, according to several American officials familiar with the case. Should he seek political asylum, he ...How th
    • China's Business Aviation Market Zooms a Little Slower - New York Times August 4, 2015
      New York TimesChina's Business Aviation Market Zooms a Little SlowerNew York Times“I don't think anybody's been spared,” said Jeffrey Lowe, managing director at the Asian Sky Group. “If you look at all the other high-end commodities that have been impacted as far as China sales, it's certainly not surprising that business jets are ...and
    • China, U.S. Spar Over Islands In South China Sea On Sidelines Of ASEAN Meeting - Huffington Post August 3, 2015
      Huffington PostChina, U.S. Spar Over Islands In South China Sea On Sidelines Of ASEAN MeetingHuffington PostBut in Washington, State Department Deputy spokesman Mark Toner said tensions in the South China Sea would be discussed as part of regional security concerns. "This is a forum in which critical security issues need to be brought up and discussed,
    • China Proposes to Keep Online Payments in Check - Wall Street Journal August 3, 2015
      Wall Street JournalChina Proposes to Keep Online Payments in CheckWall Street JournalBEIJING—China is moving to limit the lightly regulated world of Internet payments, an initiative that some critics warn could stifle development in one of the most innovative sectors of the economy. The draft rules issued late Friday by China's ...and more »
    • For China's gay men, Dongdan Park in Beijing offers haven - Los Angeles Times August 3, 2015
      Los Angeles TimesFor China's gay men, Dongdan Park in Beijing offers havenLos Angeles TimesChina decriminalized homosexuality in 1997 and removed it from its official list of mental illnesses four years later. Though same-sex marriage has not been legalized, Chinese media regularly report on high-profile gay home weddings and gay couples ...and more »
    • Caixin China PMI in surprise drop to 2-year low - CNBC August 3, 2015
      CNBCCaixin China PMI in surprise drop to 2-year lowCNBCA key China economic indicator took a sharp turn for the worse, with the final reading for the Caixin China purchasing managers' index (PMI) for July surprising with a drop to a two-year low. "The downturn in China's manufacturing sector intensified at ...Weaker China factories argue for m