China Current Events

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Current Events in China: May 30

Migrant workers go on rampage in China after death About 1,000 migrant workers went on the rampage in a city in eastern China on Tuesday, smashing up cars and protesting in front of a government building after a worker was apparently killed by his employer, state media said.  Read more Algal bloom kills millions of […]

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, […]

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    • Experts Say Tough Talk on China Overlooks Economic Realities - ABC News August 29, 2015
      Bloomberg ViewExperts Say Tough Talk on China Overlooks Economic RealitiesABC NewsIf there was ever a week for the Republican presidential candidates to talk tough on China, this was it. Spurred by the stock market's wild ride, they lashed out at the world's most populous nation. Wisconsin's Scott Walker demanded that President ...Republicans
    • China's Vulnerability Is a Test for US Presidential Candidates - New York Times August 29, 2015
      New York TimesChina's Vulnerability Is a Test for US Presidential CandidatesNew York TimesFor two decades, American politicians have been escalating their rhetoric about how to confront a rising China, one that grabs territory in the South China Sea, vacuums up American jobs and mounts cyber attacks on the United States. But now both ...2016 candidates
    • The Great Fall of China - The Economist August 29, 2015
      The EconomistThe Great Fall of ChinaThe EconomistStomachs are churning again after China's stockmarket endured its biggest one-day fall since 2007; even Chinese state media called August 24th “Black Monday”. From the rand to the ringgit, emerging-market currencies slumped. Commodity prices fell into ...China Falters, and the Global Economy Is Forced to
    • Zombie Factories Stalk the Sputtering Chinese Economy - New York Times August 28, 2015
      New York TimesZombie Factories Stalk the Sputtering Chinese EconomyNew York TimesMiao Leijie loses money on each ton of cement his company produces. But stopping production is not an option. When the plant opened in 2011 to supply the real estate and infrastructure industries in the northern Chinese city of Changzhi, the company ...
    • Consumer Anxiety in China Undermines Government's Economic Plans - New York Times August 28, 2015
      New York TimesConsumer Anxiety in China Undermines Government's Economic PlansNew York TimesBEIJING — In recent days, an advice column has circulated widely on China's most popular social media phone app. Titled “Guide on Safe Passage Through the Economic Crisis,” it is aimed at young Chinese urban professionals. Its nuggets of wisdom ...Donald Tru
    • China may fear reputation damage more than military threats over South China Sea - The Guardian August 28, 2015
      The GuardianChina may fear reputation damage more than military threats over South China SeaThe GuardianChina's rapid construction of a string of artificial islands in the South China Sea has entered a more troubling phase. According to a major Pentagon report released last week, Beijing is shifting its focus from land reclamation to building deepwater
    • Tesla Wants White House to Press China on Auto-Industry Rules - Wall Street Journal August 28, 2015
      Wall Street JournalTesla Wants White House to Press China on Auto-Industry RulesWall Street Journal“The requirement that Tesla establish a joint venture for local manufacturing and other obstacles to our activities, such as much higher import duties in China compared to the United States, put American car companies at a significant disadvantage,” he ...and m
    • China's richest man just gave Beijing a reality check - Business Insider August 28, 2015
      Business InsiderChina's richest man just gave Beijing a reality checkBusiness Insider"China needs to drop the fantasy of keeping a high growth rate of 7% or 8% and just accept 6%, 7%, or even 5% percent," he said. "China's economy needs to transform from relying on investment and exports to consumption. That's a painful process.
    • China dumping Treasurys? Here's what you must know - CNBC August 28, 2015
      CNBCChina dumping Treasurys? Here's what you must knowCNBCChina is the world's largest holder of U.S. debt, but Societe Generale analysts estimate that the People's Bank of China (PBoC) has sold at least $106 billion of reserve assets since its currency devaluation this month. A Bloomberg report on Thursday ...China Said to Intervene to Bolste
    • Tianjin blasts: China accuses 11 officials of negligence over chemical site - CNN August 28, 2015
      Yahoo NewsTianjin blasts: China accuses 11 officials of negligence over chemical siteCNNHong Kong (CNN) Chinese prosecutors are accusing 11 officials in the Chinese port of Tianjin of negligence over the deadly blasts that erupted from a chemical warehouse there this month. The huge, fiery explosions killed at least 145 people, according ...China arrests 12