China Current Events

Chinese News Site Updated Daily

Current Events in China: August 11

Chinese police ‘admit’ Gu Kailai cover-up: official Four Chinese police officers on Friday admitted in court to covering up the killing of a British businessman to protect the wife of a senior politician charged with his murder, an official said.  Read more China export growth slows to 1% China’s trade and domestic demand have weakened […]

Current Events in China: July 26

Beijing sees reshuffle amid flood scandal Beijing’s mayor and a vice mayor have resigned, state media reported Wednesday, in what is likely a routine reshuffling that comes amid public questioning of the city government’s handling of rainstorms that left at least 37 dead in the capital. Read more China to form high-speed railway network by […]

China Current Events: July 19

US man tortured in Chinese custody: lawyer Police in southern China have tortured a Chinese-American businessman who is in custody suspected of leading an organised crime gang, his lawyer said on Wednesday.  Read more Average Chinese person’s carbon footprint now equals European’s The per capita emissions of the world’s largest national emitter is almost on […]

China Current Events: July 10

Chinese bloggers embroiled in park brawl A group of China’s leading opinion-makers and intellectuals became embroiled in a violent fracas thanks to a simmering feud between rival internet bloggers.  Read more Chinese Wind Power Company Eyes Vestas’ Assets Ming Yang Wind Power Group seeks to buy market-leading equipment maker.  Read more China GDP to Rebound […]

China Current Events: June 8

Global markets rally on news of China rate cuts World shares rallied to their highest in more than a week and the euro gained on Thursday after China surprisingly cut interest rates to shore up sluggish economic growth, fueling hopes other major central banks may follow suit.  Read more Crucial new details of exchange that […]

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    • Australian dollar hits six-year low on China fears - Sydney Morning Herald September 2, 2015
      Sydney Morning HeraldAustralian dollar hits six-year low on China fearsSydney Morning HeraldThe Australian dollar slumped below US70¢ on Wednesday on the release of weaker than expected GDP figures after sliding more than 1 per cent overnight amid global market turmoil. The local currency slumped as low as US69.78¢ just after 11:30am AEST ...and more »
    • As China's Economy Falters, Military Parade Offers Chance to Burnish Image - New York Times September 1, 2015
      New York TimesAs China's Economy Falters, Military Parade Offers Chance to Burnish ImageNew York TimesChina celebrates a new national holiday on Thursday, honoring the 70th anniversary of the end of World War II with events across the country, a three-day holiday and a martial spectacle that will rumble through the ceremonial heart of the capital ...Chi
    • China brushes off Donald Trump 'disturbances' - CNN International September 1, 2015
      CNN InternationalChina brushes off Donald Trump 'disturbances'CNN InternationalAsked about the Republican presidential candidate's repeated verbal attacks on Beijing in a news conference Tuesday, China's Foreign Ministry spokeswoman said the nation is focused more on what the official government says. "Everyone has the right to ...Do
    • China fears drive down stocks and oil, fuel turmoil - Reuters September 1, 2015
      ReutersChina fears drive down stocks and oil, fuel turmoilReutersThe moves followed a stormy week that left investors concerned about further market losses due to slowing growth in China and the effect on the global economy. The S&P 500 on Monday posted its worst monthly decline since 2012. The recent signs of ...Dow nosedives 470 points on more China fe
    • How China's slump will hit your state's economy - CNBC September 1, 2015
      CNBCHow China's slump will hit your state's economyCNBCIf you export to China, the latest headlines are not good news. After a decade of rapid growth, China's appetite for goods and raw materials from the rest of the world appears to be slowing. And that's left companies and countries that sell to China ...and more »
    • The Guardian view on China's meltdown: the end of a flawed globalisation - The Guardian September 1, 2015
      The GuardianThe Guardian view on China's meltdown: the end of a flawed globalisationThe GuardianBut that was before the shock devaluation of the yuan on 11 August, followed by a jittery press conference called by the People's Bank of China – after which it spent hundreds of billions buying yuan to keep it strong, effectively reversing the ...
    • China Boosts Efforts to Keep Money at Home - Wall Street Journal September 1, 2015
      Wall Street JournalChina Boosts Efforts to Keep Money at HomeWall Street JournalBEIJING—China is imposing fresh controls to prevent too much money from leaving its shores, escalating its battle against a deepening slump in the world's No. 2 economy. The country's central bank said Tuesday that it will make it more expensive for ...Opinion: How Chin
    • Flourishing Cities Offer Beijing a Lesson in Thinking Small - Wall Street Journal September 1, 2015
      Wall Street JournalFlourishing Cities Offer Beijing a Lesson in Thinking SmallWall Street JournalFENGDU, China—This “Ghost City” on the banks of the Yangtze River in southwest China has been reborn. In legend, Fengdu is where the King of Hell sits in judgment on the souls of the deceased; pilgrims and tourists flock to its temples. Its own day of ...
    • Beijing is blaming everyone but itself for China's stock market collapse - Quartz September 1, 2015
      New York TimesBeijing is blaming everyone but itself for China's stock market collapseQuartzChina's stock markets continue to stumble, despite the massive stimulus that the government has unleashed to prop them up. The Shanghai benchmark index fell by 1.23% today (Sep. 1), after closing down slightly yesterday. The index has fallen by nearly ...Chi
    • China Factory Gauge Slips to Three-Year Low in August - Wall Street Journal September 1, 2015
      Wall Street JournalChina Factory Gauge Slips to Three-Year Low in AugustWall Street JournalBEIJING—China got another poor picture of its economic health on Tuesday, as an official gauge of manufacturing activity in August slumped to a three-year low while the usually strong services sector showed new weakness. Meanwhile, private gauges of ...Tuesday tumble: