China Current Events

Chinese News Site Updated Daily

Current Events in China: April 6

Drought plagues 13 Chinese provinces China’s ongoing severe drought has hit 13 Chinese provinces, having an adverse impact on agricultural production, the country’s drought relief authorities said Thursday.  As of Thursday, the dry spell has left 7.82 million people and 4.58 million head of livestock without adequate drinking water in provinces including Yunnan, Sichuan, Hebei, [...]

China Current Events: April 5

Giant feathered dinosaur Yutyrannus discovered in China It is by far the biggest feathered dinosaur ever to have been unearthed and raises intriguing questions as to why some of these scaly reptiles developed plumage. Three nearly complete skeletons of the dinosaur have been uncovered in beds of sediment in Liaoning province, northeastern China, scientists reported [...]

China Current Events: April 3

Chinese Insider Offers Rare Glimpse of U.S.-China Frictions The senior leadership of the Chinese government increasingly views the competition between the United States and China as a zero-sum game, with China the likely long-range winner if the American economy and domestic political system continue to stumble, according to an influential Chinese policy analyst. China, Kazakhstan [...]

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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    • Global stocks fall on China growth woes, Fed concerns - Reuters May 23, 2013
      RTGlobal stocks fall on China growth woes, Fed concernsReutersNEW YORK (Reuters) - Stock markets worldwide fell sharply on Thursday as surprisingly weak data from China and Europe raised worries about slow growth a day after Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that ...Warning signs for China, Fed hints at curbing […]
    • The wide world of hacking in China - CNET May 23, 2013
      New York TimesThe wide world of hacking in ChinaCNETChina has been cited for hacking into U.S. government and corporate networks for years now. And generally, the thought has been that the government is the only entity in the country actively hacking. But a new report seems to indicate that's not even ...Hackers Find China Is Land of OpportunityNew York […]
    • China May Factory Output Contracts in Test for Premier - Bloomberg May 23, 2013
      BloombergChina May Factory Output Contracts in Test for PremierBloombergChina's manufacturing is contracting in May for the first time in seven months, adding to signs that economic growth is losing steam for a second quarter. The preliminary reading of 49.6 for a Purchasing Managers' Index (EC11FLAS) released today by ...China factory activity shr […]
    • Wall St. drops on stimulus plan unease, China data - Reuters May 23, 2013
      RTT NewsWall St. drops on stimulus plan unease, China dataReutersNEW YORK (Reuters) - Stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns the U.S. Federal Reserve's stimulus may be scaled back sooner than hoped and after weak data in China.Stock futures sink, rattled by Fed, Ch […]
    • Markets Rattled Amid Fears of Slowdown in Asia - New York Times May 23, 2013
      New York TimesMarkets Rattled Amid Fears of Slowdown in AsiaNew York TimesShares came under pressure in Asian trading after news that the manufacturing sector in China, one of the main engines of global growth in recent years, was faltering. That, along with concerns about daring shock therapy Japan is employing to restart ...China Stocks Drop Before Flash P […]
    • In China, No Monetary Stimulus, Weakening Economy - Forbes May 23, 2013
      In China, No Monetary Stimulus, Weakening EconomyForbesChina has done nothing of the sort since 2010. And as a result, the market has shunned China, especially when you look at it from the top down. Stock pickers and niche strategies might be beating their benchmarks, but compared to the United States ... […]
    • North Korea says willing to take China's advice to start talks - Reuters May 23, 2013
      Philly.comNorth Korea says willing to take China's advice to start talksReutersBEIJING (Reuters) - North Korea is willing to take China's advice and enter into talks, Chinese state television cited an envoy of North Korean leader Kim Jong-un as saying, following weeks of tension on the Korean peninsula after the North's latest ...Little progre […]
    • China and Fed fallout to weigh on stocks - CNNMoney May 23, 2013
      China and Fed fallout to weigh on stocksCNNMoneyInvestors were spooked by worse-than-expected Chinese data that showed manufacturing slowed for the first time in seven months, and the latest minutes from the U.S. Federal Reserve's monetary policy meeting. "We fear that this may get very ugly, very ...and more » […]
    • Japan stocks plunge on weak China data - CNNMoney May 23, 2013
      Voice of AmericaJapan stocks plunge on weak China dataCNNMoneyA global rally in stocks came to an abrupt halt Thursday as a 7% plunge on Japan's Nikkei index unnerved investors in Europe and set the tone for a weak opening on Wall Street. European markets fell by 2% and U.S. stock opened lower in the wake of the ...Asian, European Stocks Plunge on Negat […]
    • Exclusive :China urbanization plan hits roadblock over spending fears - sources - Reuters May 23, 2013
      euronewsExclusive :China urbanization plan hits roadblock over spending fears - sourcesReutersBEIJING (Reuters) - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a ...China may scr […]