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 construction tycoon eyes Greece - Financial Times February 1, 2015
      China construction tycoon eyes GreeceFinancial TimesLast week Yan Jiehe, founder of China's largest private sector company by revenues, said that he had launched the first ever lawsuits against six municipal and county governments for unpaid bills. Local government debt has soared over recent years and ...
    • India committed to 'early settlement' of boundary issue with China: Sushma Swaraj - Economic Times February 1, 2015
      The HinduIndia committed to 'early settlement' of boundary issue with China: Sushma SwarajEconomic TimesBEIJING: India is committed to finding an "early settlement" to the vexed boundary issue, External Affairs Minister Sushma Swaraj today said on her maiden visit to China as she proposed a six-point template to build Sino- India ties to
    • China factory sector jolts by shrinking in January - Reuters February 1, 2015
      ReutersChina factory sector jolts by shrinking in JanuaryReutersBEIJING (Reuters) - China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years in January and firms see more gloom ahead, an official survey showed, raising expectations that policymakers will take more action to forestall a ...China's Weak Data Renews Push for
    • China tightens grip on the Internet, but it didn't block all the tools to get ... - Mashable February 1, 2015
      MashableChina tightens grip on the Internet, but it didn't block all the tools to get ...MashableIn the last 10 days, China has been tightening its grip on the Internet, blocking several tools that allow users inside the country to escape and circumvent what's popularly known as the "Great Firewall of China." Some popular Virtual Private
    • China's Tibet to reward tips on 'terror attacks' - Reuters February 1, 2015
      BBC NewsChina's Tibet to reward tips on 'terror attacks'ReutersBEIJING (Reuters) - Authorities in China's Tibet will offer rewards up to 300,000 yuan ($48,000) for tips on "violent terror attacks", state media reported, in an effort to "promote stability" in the region beset by ethnic tensions. China has stressed ...Ch
    • Chinese New Year 2015: Why China's birthrate may drop during Year of the Sheep - Syracuse.com January 31, 2015
      Syracuse.comChinese New Year 2015: Why China's birthrate may drop during Year of the SheepSyracuse.comThe Chinese New Year on Feb. 19 is quickly approaching, and many are thinking of ways to celebrate the Year of the Sheep. For Chinese couples trying to conceive, however, they are dreading the 2015 holiday. According to The Washington Post, the ...and m
    • President of China Minsheng Bank Steps Down - New York Times January 31, 2015
      President of China Minsheng Bank Steps DownNew York TimesHONG KONG — The China Minsheng Banking Corporation, one of China's biggest financial institutions, said on Saturday that its president, Mao Xiaofeng, had resigned for personal reasons unrelated to the bank's operation, after published reports that he ...President of China Minsheng quitsFinanc
    • China's Self-Destructive Tech Crackdown - New York Times January 31, 2015
      New York TimesChina's Self-Destructive Tech CrackdownNew York TimesUnder the guise of improving security, the Chinese government is clamping down on technology companies and further limiting the access its citizens have to information that is not sanitized by the Communist Party. These moves will hurt the Chinese ...and more »
    • China's financial diplomacy - The Economist January 31, 2015
      The EconomistChina's financial diplomacyThe EconomistXI JINPING, China's president, was chummy in public when he met Nicolás Maduro in Beijing in early January (pictured), praising his Venezuelan counterpart as a “good friend of the Chinese people”. Behind closed doors, negotiations must have been far ...and more »
    • The cost of doing business in China - CNNMoney January 29, 2015
      CNNMoneyThe cost of doing business in ChinaCNNMoneyThe letter, addressed to a Chinese government council on "cyberspace affairs," was signed by the U.S. Chamber of Commerce, National Association of Manufacturers, Consumer Electronics Association and others. All have major roles in U.S.-China trade.and more »