China Current Events

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China Current Events

China, Malaysia launch first joint industrial park, pledge closer cooperation China and Malaysia on Sunday launched their first joint industrial park in south China’s Guangxi Zhuang autonomous region, pledging to further strengthen cooperation between the two nations.   Shale Gas Targets on China’s Front Burner Commercial production is zero, and no one knows how much […]

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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    • China's supersonic submarine, which could go from Shanghai to San Francisco ... - ExtremeTech August 29, 2014
      ExtremeTechChina's supersonic submarine, which could go from Shanghai to San Francisco ...ExtremeTechResearchers in China are reporting that they've taken a big step towards creating a supersonic submarine. This technology, which could just as easily be applied to weaponized torpedoes as military or civilian submarines, could theoretically get from
    • China State Banks Report Surge in Soured Loans - Wall Street Journal August 29, 2014
      Wall Street JournalChina State Banks Report Surge in Soured LoansWall Street JournalBad-loan levels within China's whole banking industry remain low in terms of their total portfolios. Still, the level is expected to creep upward as cooling economic growth hampers borrowers' ability to repay their debts. China reported 7.4% economic ...China Constr
    • OSI Employees Arrested in China - Wall Street Journal August 29, 2014
      Wall Street JournalOSI Employees Arrested in ChinaWall Street JournalBEIJING—Chinese prosecutors announced Friday the arrest of six employees of Shanghai Husi Food Co., owned by OSI Group Inc., more than a month after authorities suspended the meat supplier's operations there, accusing it of selling expired products to ...Six OSI employees arrested in C
    • China Military Shows off Newest Helicopters, Tanks - ABC News August 29, 2014
      Voice of AmericaChina Military Shows off Newest Helicopters, TanksABC NewsChina showed off the growing sophistication of its defense industries Friday by featuring its newest attack helicopters and main battle tanks at a multinational live-firing military exercise in the country's north. State media said the new hardware ...China media: Military drillBB
    • Tesla Motors, China Unicom to build car charging outlets across China - Reuters August 29, 2014
      ReutersTesla Motors, China Unicom to build car charging outlets across ChinaReutersSHANGHAI (Reuters) - U.S. electric carmaker Tesla Motors (TSLA.O) said on Friday that it would partner with China's No.2 mobile carrier China Unicom (0762.HK) to build charging outlets across the country to push sales in the world's biggest auto market.Tesla to build
    • After Overwhelming US Visa Program, Where Will China's Emigrants Go Next? - Wall Street Journal (blog) August 29, 2014
      Wall Street Journal (blog)After Overwhelming US Visa Program, Where Will China's Emigrants Go Next?Wall Street Journal (blog)Wealthy Chinese hoping to move abroad have overwhelmed the immigration departments of the U.S. and Canada—their favorite destinations—this year. But will China's rich who want a visa head elsewhere or will they hold out for t
    • China Seeks to Protect South China Sea Submarine Gateway - Bloomberg August 29, 2014
      BloombergChina Seeks to Protect South China Sea Submarine GatewayBloombergChina's efforts to protect its submarine gateway to the South China Sea could broaden from standoffs with U.S. military planes to announcing an air defense identification zone, according to two retired army officers. China could seek to restrict the ...​China vows to respond to US
    • In China, Detecting Fraud Riskier Than Doing It - New York Times August 29, 2014
      In China, Detecting Fraud Riskier Than Doing ItNew York TimesIt can be very risky to do things in China that are taken for granted in other countries. Kun Huang, a Chinese-born Canadian citizen, is back in Vancouver after spending two years in a Chinese jail. His crime was contributing to research that led his ...and more »
    • China Considers Opening Up Stock Market Further - Wall Street Journal August 28, 2014
      Wall Street JournalChina Considers Opening Up Stock Market FurtherWall Street JournalAny inclusion would also be a boost to the 640 billion yuan ($140 billion) RQFII program that was started in 2011 and now acts as one of the two main gateways for fund managers looking to invest in China's markets. Beijing is also pressing ahead with ...and more »
    • Daily chart China's territorial disputes - The Economist (blog) August 28, 2014
      Daily chart China's territorial disputesThe Economist (blog)Since six months ago, all the major economic indicators for China have gone on a continuing nosedive - including manufacturing orders, export volume, commercial investments, graduate employment rate, corporate credits, foreign capital inflow, domestic ...