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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    • China Money Rates Jump to Records as PBOC Lets Cash Crunch Build - Bloomberg June 20, 2013
      Economic TimesChina Money Rates Jump to Records as PBOC Lets Cash Crunch BuildBloombergChina's benchmark money-market rates climbed to records as the central bank refrained from using reverse-repurchase agreements to address a cash crunch in the world's second-biggest economy. The People's Bank of China didn't conduct open-market ...China […]
    • Asia assets hammered on China fears, Fed upset - Reuters June 20, 2013
      Asia assets hammered on China fears, Fed upsetReutersTOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month ... […]
    • China Manufacturing Contracts to Lowest Level in 9 Months - New York Times (blog) June 20, 2013
      BloombergChina Manufacturing Contracts to Lowest Level in 9 MonthsNew York Times (blog)HONG KONG — Manufacturing output in China has been contracting worse than economists expected in June, a closely watched survey showed on Thursday, challenging Beijing's stated goal of driving growth through economic overhauls rather than ...China Manufacturing Contra […]
    • China's orbiting astronauts take questions from students in bid to popularizes ... - Fox News June 20, 2013
      ABC NewsChina's orbiting astronauts take questions from students in bid to popularizes ...Fox NewsBEIJING – China has held its first classroom lecture from its orbiting space station as part of efforts to popularize the successful manned space flight program among young people. Female astronaut Wang Yaping took questions live from among 330 ...China Ast […]
    • China jails 19 Uighurs for religious extremism - Reuters June 20, 2013
      Washington PostChina jails 19 Uighurs for religious extremismReutersBEIJING (Reuters) - Courts in China's far western region of Xinjiang have sentenced 19 ethnic Uighurs to up to six years in jail for promoting racial hatred and religious extremism online, in the latest crackdown on what China sees as violent separatists.China Jails 11 for Extremist Cri […]
    • China Lending Crisis? Not For New Industries, Says Premier - Forbes June 20, 2013
      China Lending Crisis? Not For New Industries, Says PremierForbesSuntech power was the first Chinese corporation to ever default on its debt; this one a $531 million loan. China's solar power industry is running on overcapacity...and running on empty. Industries like this will struggle to get capital and will either ...and more » […]
    • Can China's middle class spend the world out of recession? - BBC News June 20, 2013
      BBC NewsCan China's middle class spend the world out of recession?BBC NewsMeet the Zhangs, one of China's new middle-class families who some economists believe are going to spend their way to a revival of the global economy. Zhang Dongyang runs his own construction company in Zhengzhou, one of China's fastest growing ...and more » […]
    • N. Korea Seeks New Talks on Its Nuclear Program, China Says - Bloomberg June 20, 2013
      BloombergN. Korea Seeks New Talks on Its Nuclear Program, China SaysBloombergNorth Korea is ready to return to six-party talks on its nuclear program, China said, the third time this month that Kim Jong Un's regime has proposed new dialogue after easing off months of harsh rhetoric. The North is prepared for “talks of any form ...China, North Korea Hold […]
    • State Dept. downgrades Russia, China on trafficking - Washington Post June 20, 2013
      Daily BeastState Dept. downgrades Russia, China on traffickingWashington PostChina condones or fails to prosecute forced labor in numerous manufacturing industries and allows the trafficking of women for domestic servitude, forced marriage and prostitution, the U.S. report said. The government itself participates in forced ...State Department To Sanction Chi […]
    • Why India Trails China - New York Times June 20, 2013
      New York TimesWhy India Trails ChinaNew York TimesThe hope that India might overtake China one day in economic growth now seems a distant one. But that comparison is not what should worry Indians most. The far greater gap between India and China is in the provision of essential public services — a ...and more » […]