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 to back Japan in China islands dispute - USA TODAY April 23, 2014
      BBC NewsObama to back Japan in China islands disputeUSA TODAYPresident Obama arrived in Tokyo Wednesday where he is kick starting the first part of a trip to Asia aimed in part at renewing the U.S.'s security commitment to the region. Ahead of his arrival in Japan he confirmed that America's mutual security ...Obama Asia tour: China 'the eleph […]
    • Concord Medical's China Growth Plans - Forbes April 23, 2014
      Concord Medical's China Growth PlansForbesWhen Concord Medical Services (NYSE: CCM), the largest private provider of radiotherapy and diagnostic imaging centers in China, first applied in January 2011 to the local Chinese government for its project in Guangzhou, approval took three years. In ... […]
    • China won't swallow 'bitter pill' of ceding sovereign rights: military official - Reuters April 23, 2014
      BBC NewsChina won't swallow 'bitter pill' of ceding sovereign rights: military officialReuters"No country should expect China to swallow the bitter pill of our sovereignty, national security or development interests being compromised," said Fan Changlong, vice chairman of the powerful Central Military Commission. The commission is Ch […]
    • Asia Stocks live blog: China data back in spotlight - MarketWatch (blog) April 23, 2014
      Asia Stocks live blog: China data back in spotlightMarketWatch (blog)Welcome to the Asia Stocks live blog, a running account of what the region's share markets are doing, along with other news. While China Mobile earnings and the trading debut of Japan's Seibu will factor into today's trading session, an early read on ... […]
    • China factory activity shrinks for fourth month - Reuters April 23, 2014
      Wall Street JournalChina 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 April HSBC flash PMI ti […]
    • China Mobile Falls on Profit Drop as IPhone Boosts Costs - Bloomberg April 23, 2014
      Wall Street JournalChina Mobile Falls on Profit Drop as IPhone Boosts CostsBloombergChina Mobile Ltd. (941) fell the most in a month in Hong Kong trading after posting its third straight drop in quarterly profit as expenses for subsidizing Apple Inc. (AAPL)'s iPhone and building networks increased. Shares dropped 2.6 percent, the most ...Competition, Su […]
    • No Solution in Sight for China Shoe Factory Strike - ABC News April 23, 2014
      CTV NewsNo Solution in Sight for China Shoe Factory StrikeABC NewsWorkers on strike at a Chinese factory owned by the world's largest maker of athletic shoes have rejected management's latest offer in an ongoing labor dispute that is crimping production for brands such as Nike and Adidas. The on-off work stoppage at ...China sports shoe factory hal […]
    • Search for MH370 reveals a military vulnerability for China - Reuters April 22, 2014
      Search 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 ...and more » […]
    • China's seizure of Japanese ship has pre-World War Two roots - Reuters April 22, 2014
      China's seizure of Japanese ship has pre-World War Two rootsReutersThe impoundment has created unease in Japan's government, which warns that the action could affect Japanese businesses in China. It remains unclear whether the sudden ruling by the Shanghai Maritime Court would herald the seizure of more Japanese ... […]
    • Investigated by China's Leaders, Powerful Family Has a Defender: Its Hometown - New York Times April 22, 2014
      Wall Street JournalInvestigated by China's Leaders, Powerful Family Has a Defender: Its HometownNew York TimesThere is little sympathy for Mr. Zhou elsewhere in China, where some online dispatches on his case make coded reference to “House of Cards,” the dark American political drama available online here. Public awareness is growing that his downfall m […]