China Current Events

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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: August 8

200,000 evacuated as typhoon nears Shanghai China evacuated 200,000 people from Shanghai as the third typhoon in a week bore down on the east coast, state media said Tuesday, warning it could be the most powerful storm to hit since 2005.  Read more Tibetan woman self-immolates in China: Group A 26-year-old woman immolated herself Tuesday [...]

China Current Events: Aug 3

China ropes off Scarborough Shoal To cut or not to cut?  Chinese fishing vessels left Panatag Shoal (Scarborough Shoal) in the West Philippine Sea (South China Sea) but they roped off the mouth of its lagoon to prevent other fishermen from getting in, Defense Secretary Voltaire Gazmin said Thursday.  Read more China Non-Manufacturing Index Fell [...]

Current Events in China: August 2

China official PMI shows factory sector barely growing China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July, suggesting the sector is barely growing, while a rival HSBC survey indicated the more market-sensitive private sector is starting to recover.  Read more China big city spenders confound global gloom: survey Consumer [...]

Current Events in China: July 28

Chinese man rides rickshaw to London for games It’s a tale of Olympian proportions: A man, a rickshaw, and a slow journey from a Chinese village to London through 16 countries.  Read more China steps up stimulus spending at local level China is stepping up stimulus spending at the local level seeking to counter its [...]

China Current Events: July 25

Slowing economy sharply weakens China’s tax revenue growth The Chinese government collected much less tax in the first half of this year as the economy expanded at its slowest pace since the depth of the global financial crisis, according to data released by the Ministry of Finance (MOF) on Tuesday.  Read more China announces South [...]

Current Events in China: July 23

Ten die as record rainfall pounds Beijing The heaviest rain to hit Beijing in over 60 years left at least 10 people dead and forced more than 50,000 to evacuate, state media said Sunday.  Read more Island row escalates as China plans to set up military garrison China announced Sunday it will establish a military [...]

China Current Events: July 18

China’s GDP Hit Tells Story of Hubris Run Amok The lesson from recent economic data and policy moves in Asia (MXAP) is this: Hubris still has its costs. In recent years, Asia believed its own press a little too much. The way it steered around the financial crisis of 2008, the dizzying stock gains, the [...]

Current Events in China: July 14

China Data From Home to Investment Show Hope for Growth China’s weakest expansion in three years masked a surge in home sales and a jump in investment that show lower interest rates and banks’ reserve requirements may be starting to stabilize growth in the second-largest economy.  Read more U.S. indicts Iranian, Chinese for nuclear export [...]

Current Events in China: July 12

Over 220,000 people evacuated as flood hits SW China county again More than 220,000 people in southwest China’s Sichuan Province have been evacuated from low-lying areas following a flood that struck the disaster-prone region on Wednesday, local authorities said.  Read more China Slowdown Seen Forcing Wen’s Hand on Property Curbs China’s weakest growth in three [...]

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    • Obama says US will defend Japan in island dispute with China - The Guardian April 24, 2014
      The GuardianObama says US will defend Japan in island dispute with ChinaThe GuardianThe US is duty-bound to come to Japan's aid in the event of a conflict with China over a group of disputed islands in the East China Sea, Barack Obama declared at the start of a tour of Asia aimed at reassuring Washington's allies in the face of ...Obama calls for p […]
    • Degrees of Influence Peddling in China and US - New York Times April 24, 2014
      Degrees of Influence Peddling in China and USNew York TimesTo understand how money and politics intertwine in the world's two largest economies, look no further than two important articles in The Times in the last few days. First, Michael Forsythe, Chris Buckley and Jonathan Ansfield reported on a Chinese ...and more » […]
    • Japan's Mitsui pays China to release seized ship-court - Reuters April 24, 2014
      BBC NewsJapan's Mitsui pays China to release seized ship-courtReutersThe Chinese government has described the case as a simple business dispute unrelated to wartime compensation claims, but it has become a cause célèbre for activists in China seeking redress from Japan. Mitsui paid about 2.92 billion yen ($28.5 million ...China Court Frees Japanese Ship […]
    • Why Japan's economy is in better shape than China's - CNBC.com April 24, 2014
      CNBC.comWhy Japan's economy is in better shape than China'sCNBC.comThe Japanese economy expanded 0.7 percent on year in the final quarter of 2013, substantially slower than China's 7.7 percent expansion. While growth in the mainland economy has slowed from double-digit levels in recent years it remains on course to ...and more » […]
    • Don't Be a Menace to South (China Sea) - Foreign Policy (blog) April 23, 2014
      Foreign Policy (blog)Don't Be a Menace to South (China Sea)Foreign Policy (blog)As President Barack Obama prepares for his trip to Asia this week, he will face questions not just about the administration's signature rebalance, or "pivot" toward that region, but also about the crisis in Ukraine. The leaders Obama will meet in South ...Chin […]
    • Would China fight for disputed islands? - BBC News April 23, 2014
      BBC NewsWould China fight for disputed islands?BBC NewsUS President Barack Obama touched down in Japan on Wednesday to hold talks with America's key Asian ally. China's leaders will be watching the visit from afar. Ahead of his arrival, Mr Obama told a Japanese newspaper that a cluster of islands in the ...China says it will maintain patrols near J […]
    • Obama arrives in Japan, backs its island dispute - USA TODAY April 23, 2014
      Obama arrives in Japan, backs its island disputeUSA TODAYJapan is Obama's first stop in a four-nation tour in which he hopes to convince Asian allies and adversaries that the U.S. "pivot" to Asia is more than just rhetoric. He'll also visit South Korea, the Philippines and Malaysia, but not China, the ... […]
    • China factory activity shrinks for fourth month - Reuters April 23, 2014
      China factory activity shrinks for fourth monthReutersChina's central bank will cut the amount of deposits rural banks must hold as reserves by between 0.5 and 2 percentage points, it said on Tuesday, the latest in a series of measures to help combat the slowing economy. CICC estimated that the reserve ...China factory activity shrinks for fourth month […]
    • Will China drop gold next? - MarketWatch April 23, 2014
      Wall Street Journal (blog)Will China drop gold next?MarketWatchHONG KONG (MarketWatch) — Investors have done well in the past with a simple strategy of buying what China was buying. So earlier this year, things were looking up for gold when it was revealed that China had swept past India to become the world's ...China shares mixed on free trade zone pla […]
    • Search for MH370 reveals a military vulnerability for China - Reuters April 22, 2014
      BloombergSearch for MH370 reveals a military vulnerability for ChinaReutersChina's deployment for the search - 18 warships, smaller coastguard vessels, a civilian cargo ship and an Antarctic icebreaker - has stretched the supply lines and logistics of its rapidly expanding navy, Chinese analysts and regional military attaches ...China Challenges Obama […]