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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    • Apple's capitulation to China undermines Obama's tough talk on snooping - Quartz March 5, 2015
      QuartzApple's capitulation to China undermines Obama's tough talk on snoopingQuartzBeijing is putting heavy pressure on US technology firms who want to do business in China to fork over proprietary source code, provide encryption keys so that Chinese authorities can access user information, and store user data on servers in China.
    • China signals 'new normal' with lower annual growth target - Reuters March 5, 2015
      CNBCChina signals 'new normal' with lower annual growth targetReutersBEIJING (Reuters) - China announced an economic growth target for 2015 of around 7 percent on Thursday and said it would boost government spending, signaling that the lowest rate of expansion for a quarter of a century is the "new normal" for the world ...China sets 2015
    • China asks Myanmar to 'lower temperature' on border - Reuters March 5, 2015
      Channel News AsiaChina asks Myanmar to 'lower temperature' on borderReutersIt was not immediately clear from the Chinese-language statement how the Myanmar envoy's name is translated in English. China's Foreign Ministry said the envoy was a former ambassador to China who was visiting Beijing as a special representative.How China Fuels Mya
    • The Base Investment Case -- India vs. China - Forbes March 4, 2015
      ForbesThe Base Investment Case -- India vs. ChinaForbesInfant mortality (babies dying in their first year of life) has fallen, from a rate of 7.2 percent in 1998 to 4.3 percent in 2014 (compared to 6.2 percent in the U.S.) India's population has grown by 44 percent since 1990 while China's has grown by 19 ...
    • Liquidity evaporates in China as 'fiscal cliff' nears - Telegraph.co.uk March 4, 2015
      Telegraph.co.ukLiquidity evaporates in China as 'fiscal cliff' nearsTelegraph.co.ukPut together, China is pursuing the most contractionary mix of economic policies in the G20, relative to the status quo ante. Collateral damage is already visible in the sliding global prices of iron ore, copper, nickel, lead and zinc over recent ...and more »
    • Hong Kong to Chinese shoppers: 'Go home' - CNN March 4, 2015
      CNNHong Kong to Chinese shoppers: 'Go home'CNNThese were just some of the insults hurled at Chinese shoppers Sunday as hundreds of Hong Kongers surged through through the old neighborhood of Yuen Long, an area close to the city's border with China. It was the latest in a series of angry protests ...China Anticorruption Campaign Targets Party
    • The Anti-Pollution Documentary That's Taken China By Storm - NPR (blog) March 4, 2015
      NPR (blog)The Anti-Pollution Documentary That's Taken China By StormNPR (blog)Two hundred million and counting: That's how many times a documentary about China's massive air pollution problem has been viewed online since the weekend. Environmentalists are hailing it as an eye-opener for Chinese citizens. The filmmaker, Chai ...Smog blankets Ch
    • China's big chess move against the US: Latin America - CNNMoney March 4, 2015
      China's big chess move against the US: Latin AmericaCNNMoneyThis comes as U.S. power in the Americas is starting to erode. U.S. cash is actually fleeing the region as investors see better deals at home or elsewhere. China doesn't appear as worried about the short-term. "What we're looking at is not simply an ...and more »
    • Prince William in China: illegal wildlife trade a 'vicious form of criminality' - The Guardian March 4, 2015
      The GuardianPrince William in China: illegal wildlife trade a 'vicious form of criminality'The GuardianToday he praised China for its “contribution to the protection of wildlife in Africa” but he said that there is much more to be done including reducing the demand for products made from endangered animals. “Demand provides traffickers with their i
    • China says tech firms have nothing to fear from anti-terror law - Reuters March 4, 2015
      ReutersChina says tech firms have nothing to fear from anti-terror lawReutersChina's proposals, which would require tech firms to provide encryption keys and install backdoors granting law enforcement access for counterterrorism investigations, drew criticism from Obama, who told Reuters in an interview this week China would ...China Rejects Obama'