China Current Events

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China Current Events: April 13

China’s fiscal revenue up 14.7 pct in Q1 China’s fiscal revenue in the first quarter of the year rose 14.7 percent from the same period last year to hit nearly 3 trillion yuan (475.81 billion U.S. dollars), the Ministry of Finance said Friday. China cuts off internet access in bid to exert control As the […]

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    • Sharks circle on China's stock markets - Financial Times April 21, 2015
      ReutersSharks circle on China's stock marketsFinancial TimesOn Monday, Chinese equities gave a discernible wheeze, probably triggered by the regulator's latest attempt to cool margin lending by tightening the rules for a common way Chinese investors borrow to buy shares. The Shanghai market shed 1.6 per cent, ...Shares gain on China stimulus; Greec
    • Has Washington 'Lost It' Toward China? Clearly and Ominously, Yes - Forbes April 21, 2015
      ForbesHas Washington 'Lost It' Toward China? Clearly and Ominously, YesForbesThat the Obama administration would have lobbied the G7, Australia, and South Korea, among others, to boycott the AIIB is inexplicable except as active hostility toward China evidencing a strategy to isolate and weaken her; that is, to prevent China ...China's New Dev
    • China Sees First Bond Default by State Firm With Tianwei - Bloomberg April 21, 2015
      BloombergChina Sees First Bond Default by State Firm With TianweiBloombergA Chinese power-transformer maker became the country's first state-owned company to default on an onshore bond, signaling the government's willingness to let market forces decide an enterprise's fate. Baoding Tianwei Group Co., the unit of central ...CORRECTED-UPDATE 1-B
    • Beijing Warns Clinton Not to Bash China During Campaign - Washington Free Beacon April 21, 2015
      Washington Free BeaconBeijing Warns Clinton Not to Bash China During CampaignWashington Free BeaconTwo Chinese Communist Party-controlled newspapers published an indirect warning to Hillary Clinton not to criticize China during her campaign for president. A commentary published Friday in both the official Party newspaper the People's Daily and the ...an
    • What China's and Pakistan's special friendship means - Washington Post (blog) April 21, 2015
      Wall Street JournalWhat China's and Pakistan's special friendship meansWashington Post (blog)The friendship between China and Pakistan, read billboards in Chinese and English dotting Islamabad this week, "is higher than mountains, deeper than oceans, sweeter than honey, and stronger than steel." This sort of romantic sloganeering routinel
    • China Criticizes U.S., Philippine Drills in South China Sea - Bloomberg April 21, 2015
      BloombergChina Criticizes U.S., Philippine Drills in South China SeaBloombergExpanded war games in the South China Sea between the Philippines and its allies are inappropriate and run counter to efforts to ease territorial tensions in the waters, China's state-run Global Times said in an editorial. The comments come as more ...Philippines Shows Photos o
    • A Veteran of the Financial Crisis Tells China to Be Wary - New York Times April 21, 2015
      New York TimesA Veteran of the Financial Crisis Tells China to Be WaryNew York TimesAbout 340 pages into Henry M. Paulson's new book on China, a sentence comes almost out of nowhere that stops readers in their tracks. “Frankly, it's not a question of if, but when, China's financial system,” he writes, “will face a reckoning and have ...and mor
    • Foreign Companies at Risk From Proposed Chinese Law - Wall Street Journal April 20, 2015
      Wall Street JournalForeign Companies at Risk From Proposed Chinese LawWall Street JournalMajor foreign companies and several Chinese Internet companies with U.S. stock-exchange listings are using a corporate structure in China in a way that may be rendered illegal under a proposed law. The Wall Street Journal, working with Dow Jones Risk ...and more »
    • China Frees Up $200 Billion for Lending to Stimulate Economy - New York Times April 20, 2015
      New York TimesChina Frees Up $200 Billion for Lending to Stimulate EconomyNew York TimesHONG KONG — Chinese policy makers are dealing with a financial conundrum. Overall economic growth is slipping, which argues for looser monetary policy. But the risk is that any new money is diverted to the country's frothy stock markets. Against this ...China's
    • Will the US say yes to a 'Made in China' car? - CNN April 20, 2015
      CNNWill the US say yes to a 'Made in China' car?CNNCEO Håkan Samuelsson said Volvo planned to sell 1,500 Chinese-made S60 Inscription sedans in 2015 and 5,000 annually in subsequent years. For many U.S. consumers, China is still more closely linked with cheap clothing and electronics than luxury ...Sports sponsorship floats China Inc's boatFin