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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    • China's GDP Growth Bolsters Case for Stimulus Restraint - Bloomberg October 21, 2014
      BloombergChina's GDP Growth Bolsters Case for Stimulus RestraintBloombergChina's leaders have relaxed home-purchase controls and the central bank has pumped liquidity to lenders as they seek to limit a property-induced slowdown. The government has signaled it will tolerate a weaker expansion pace, leaving China headed for ...China's third-quar
    • Asian shares crawl higher on China GDP relief - Reuters October 21, 2014
      ReutersAsian shares crawl higher on China GDP reliefReutersTOKYO (Reuters) - Asian stocks crept up on Tuesday as investors took solace from data showing the Chinese economy grew slightly more than expected in the third quarter, calming fears of a deepening slowdown in the world's second-largest economy.Dollar steady as currency majors brace for China da
    • Mixed Economic Signals From China - New York Times October 21, 2014
      New York TimesMixed Economic Signals From ChinaNew York TimesOne figure that Chinese leaders study closely is the number of new jobs. Li Keqiang, China's prime minister, boasted in a speech at a World Economic Forum meeting last month that nearly 10 million urban jobs had been created in the first eight months ...Hong Kong Shares Rise With Aussie, Coppe
    • China may be hacking every iPhone user in the country - Quartz October 20, 2014
      ReutersChina may be hacking every iPhone user in the countryQuartzChinese authorities just launched “a malicious attack on Apple” that could capture user names and passwords of anyone who logs into the iCloud from anywhere in the country, the well-respected censorship watchdog GreatFire.org reports. With that ...China-backed hackers may have infiltrated Appl
    • Presumed Guilty in China's War on Corruption, Targets Suffer Abuses - New York Times October 20, 2014
      New York TimesPresumed Guilty in China's War on Corruption, Targets Suffer AbusesNew York TimesBEIJING — He was starved, pummeled and interrogated for days on end in an ice-cold room where sleeping, sitting or even leaning against a wall were forbidden. One beating left Wang Guanglong, a midlevel official from China's Fujian Province, partly ...and
    • What Does China Mean by 'Rule of Law'? - Foreign Policy October 20, 2014
      Foreign PolicyWhat Does China Mean by 'Rule of Law'?Foreign PolicyStarting today, the Chinese Communist Party is having its biggest meeting of the year: the annual plenary session, held this year from Oct. 20 to 23. As in previous years, top leaders will gather in Beijing to set out a broad policy framework that will ...China Communist Party plenum
    • Chinese Smartphones Lift Japan's Electronics Business - Wall Street Journal October 20, 2014
      Wall Street JournalChinese Smartphones Lift Japan's Electronics BusinessWall Street JournalThe parts sales are a rare bright spot in Japan's gloomy electronics industry, and China's smartphone market—the world's largest and growing at 19% a year, according to Counterpoint Research—is a big factor. Sales there are being fueled by cutthroat
    • China Versus America - New York Times October 20, 2014
      China Versus AmericaNew York TimesSINGAPORE — Let us take it as a given that the post-1945 world order with the United States as dominant nation has begun to unravel, that China is rising to inherit the earth, that the unease of our times has much to do with that difficult transition ...
    • UN Group Urges China's Wealthy to Fight Ebola - Wall Street Journal October 20, 2014
      Wall Street JournalUN Group Urges China's Wealthy to Fight EbolaWall Street JournalBEIJING-Chinese corporations and wealthy individuals aren't contributing enough to help fight the spread of Ebola in West Africa, despite the nation's deep ties to the impacted region, according to the United Nations World Food Programme's China ...China Wo
    • China Growth Seen Slowing Sharply Over Decade - Wall Street Journal October 20, 2014
      China Growth Seen Slowing Sharply Over DecadeWall Street JournalBEIJING—China's growth will slow sharply during the coming decade to 3.9% as its productivity nose dives and the country's leaders fail to push through tough measures to remake the economy, according to a report expected to come out Monday. Such an ...