China Current Events

Chinese News Site Updated Daily

China Current Events: August 9

Typhoon ploughs into China east coast, causes severe destruction A strong typhoon ploughed into China’s eastern coast on Wednesday, the country’s third in a week, knocking down buildings and cutting off power to hundreds of thousands of people, state media said.  Read more US blueprint for war with China flawed and could spark nuclear strikes, […]

China Current Events: July 9

Deaths, rescues at mines in Hunan province Rescuers on Sunday pulled to safety four of about a dozen miners trapped underground for more than three days in a flooded coal mine pit in central China, while seven workers in another mine were killed by an outburst of gas.  Read more Anti-Chinese protests in Vietnam as […]

Current Events in China: May 2

9 still trapped in flooded SW China colliery Nine miners were still trapped in the flooded colliery in southwest China’s Guizhou Province, as continuous rainfall has hampered the rescue efforts, local authorities said Tuesday.  Read more Details of Chinese activist’s escape Chen Guangcheng’s blindness was a help and a hindrance as he made his way […]

China Current Events: April 16

Old Harrovian expat killed in China ‘had affair with the wife of party chief and feared for his life’ British businessman Neil Heywood was killed on the orders of a powerful Chinese politician who discovered the Old Harrovian was having an affair with his wife, it was claimed yesterday. Read more Neil Heywood was poisoned […]

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    • US Navy alarmed at Beijing's 'Great Wall of Sand' in South China Sea - Washington Post April 1, 2015
      Fox NewsUS Navy alarmed at Beijing's 'Great Wall of Sand' in South China SeaWashington PostBEIJING — China is building “a Great Wall of Sand” through an unparalleled program of land reclamation in the South China Sea, raising concerns about the possibility of military confrontation in the disputed waters, according to the commander of the U ..
    • Petrobras Signs $3.5 Billion Accord With China Development Bank - Bloomberg April 1, 2015
      Bidness ETCPetrobras Signs $3.5 Billion Accord With China Development BankBloombergPetrobras, as Brazil's state-run producer is known, signed a finance contract with the China Development Bank for $3.5 billion, the first part of an accord to be implemented this year and in 2016, according to a regulatory filing Wednesday. That ...Brazil's Petrobras
    • Chinese flock to USA to give birth to US citizens - USA TODAY April 1, 2015
      USA TODAYChinese flock to USA to give birth to US citizensUSA TODAYAt least 500 companies offered "birth tourism" services in China last year, the Shanghai newspaper National Business Daily reported. While there are no official statistics, the number of Chinese citizens heading to the USA to give birth likely is in ...and more »
    • China Tries to Clean Up E-Commerce - Wall Street Journal April 1, 2015
      Wall Street JournalChina Tries to Clean Up E-CommerceWall Street JournalBEIJING—China is tightening control over the largely unregulated world of Chinese e-commerce, a booming sector that has built up behemoths such as Alibaba Group Holding Ltd. but also contributed to the proliferation of fake and substandard goods and ...and more »
    • What Yemen's crisis reveals about China's growing global power - Washington Post (blog) April 1, 2015
      New York Times (blog)What Yemen's crisis reveals about China's growing global powerWashington Post (blog)On Tuesday, Xinhua news agency reported that more than 500 Chinese nationals who were evacuated from Yemen had arrived safely in the city of Djibouti. The evacuees had been picked up by a Chinese fleet Sunday and Monday, fleeing an increasingly 
    • Chinese Taxi-Hailing App's Valuation Soars to $8.75 Billion - Wall Street Journal April 1, 2015
      Wall Street JournalChinese Taxi-Hailing App's Valuation Soars to $8.75 BillionWall Street JournalHONG KONG—U.S. hedge funds are jumping on board China's dominant taxi-hailing app business, putting an $8.75 billion valuation on the Chinese startup. Coatue Management LLC is leading a consortium of investors buying about $600 million of shares ...and
    • Weak demand hits China factory, services firms in March, more easing seen - Reuters April 1, 2015
      ReutersWeak demand hits China factory, services firms in March, more easing seenReutersThree separate surveys showed Chinese companies shed jobs last month as they struggled with soft demand and deflationary pressures, suggesting that economic growth may have slipped below 7 percent in the first quarter of 2015, which would be the ...Better looking PMIs beli
    • Jack Lew: China's currency is not ready for prime time - CNNMoney April 1, 2015
      CNNMoneyJack Lew: China's currency is not ready for prime timeCNNMoneyU.S. Treasury Secretary Jack Lew said Tuesday that China's yuan is not yet ready to join an elite grouping of currencies used by the International Monetary Fund. China has expressed interest in having the yuan included in the IMF's Special Drawing ...U.S. allies rush to join
    • China banking checkmate? - Aljazeera.com March 31, 2015
      Aljazeera.comChina banking checkmate?Aljazeera.comThe list is growing ever longer of countries eager to sign up to a new China-led investment bank. Beijing set Tuesday as the deadline for those wishing to become a founding member of what's called the Asian Infrastructure Investment Bank. The UK, India ...Japan, Sticking With US, Says It Won't Join
    • China's stock market sure looks like a bubble - Washington Post (blog) March 31, 2015
      China's stock market sure looks like a bubbleWashington Post (blog)China's housing bubble is starting to pop, so, right on cue, its stock bubble is starting to re-inflate. Now they're nowhere near their 2007 highs—in fact, they're barely halfway there—but Chinese stocks are still looking plenty frothy right now ...