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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    • Exclusive: US & India consider joint patrols in South China Sea - US official - Reuters February 10, 2016
      ReutersExclusive: US & India consider joint patrols in South China Sea - US officialReutersThe patrols would likely be in the Indian Ocean where the Indian navy is a major player as well as the South China Sea, the official told Reuters in New Delhi on condition of anonymity. The official gave no details on the scale of the proposed patrols.Disputes Over
    • China confirms first case of Zika virus: Xinhua - Reuters February 10, 2016
      ReutersChina confirms first case of Zika virus: XinhuaReutersBEIJING/HONG KONG China has confirmed its first case of the Zika virus in a man who had recently travelled to South America, the official Xinhua news agency reported. The virus, which is causing international alarm after spreading through much of the ...China's first Zika virus case confirmed,
    • Stuart Robert told Defence Department about 2014 China visit after returning to Australia - ABC Online February 10, 2016
      ABC OnlineStuart Robert told Defence Department about 2014 China visit after returning to AustraliaABC OnlineTurnbull Government minister Stuart Robert waited until after he returned to Australia to inform departmental chiefs of a controversial trip to China, Senate estimates has heard. Mr Robert was assistant defence minister when he visited China in 2014.R
    • Outflows from China top $110bn in January - Financial Times February 10, 2016
      Financial TimesOutflows from China top $110bn in JanuaryFinancial TimesSurging capital outflows from China have become a source of growing concern around the world and left Beijing scrambling to support its currency. Recently-released data showed the country's foreign exchange reserves falling to their lowest level in ...China likely saw US$113b in capi
    • China Box Office: Stephen Chow's 'Mermaid' Powers Record Single Day - Hollywood Reporter February 9, 2016
      Hollywood ReporterChina Box Office: Stephen Chow's 'Mermaid' Powers Record Single DayHollywood ReporterChinese moviegoers turned out in record force Monday as the country celebrated the Year of the Monkey. Total box office on the day hit $100.5 million (660 million yuan), a 78 percent increase over the single-day record set during China's
    • China's renminbi bears should beware - Financial Times February 9, 2016
      Financial TimesChina's renminbi bears should bewareFinancial TimesThe People's Bank of China announced over the weekend that its foreign exchange reserves fell by $99.5bn to $3.23tn in January. Ignore the fact that this was actually less bad than feared, and the counterargument that the figure was manipulated (since ...China's exchange rate tr
    • $365694500000: US Merchandise Trade Deficit With China Hit Record in 2015 - CNSNews.com February 9, 2016
      CNSNews.com$365694500000: US Merchandise Trade Deficit With China Hit Record in 2015CNSNews.comIn 2014, for example, the U.S. ran a $28.077 billion surplus in services traded with China, according to BEA. That caused the overall 2014 U.S. goods-and-services trade deficit with China—which was $315.116 billion—to be less than the 2014 ...and more »
    • Will China Take Kim Jong Un's Insult Lying Down? - Newsweek February 9, 2016
      NewsweekWill China Take Kim Jong Un's Insult Lying Down?Newsweek02_09_Kim_Insult North Korean leader Kim Jong Un attends a meeting in Pyongyang in this undated photo released by North Korea's Korean Central News Agency on February 4. North Korea's refusal to abide by Chinese entreaties not to launch a rocket is ...US urges China to increase sa
    • Players Find Path to China Can Be a Golden One - International New York Times February 9, 2016
      International New York TimesPlayers Find Path to China Can Be a Golden OneInternational New York TimesAfter Alex Teixeira's move to Liverpool fell through, and the Brazilian was sold days later for $55 million to the Chinese Super League club Jiangsu Suning, the former Liverpool defender Mark Lawrenson said in a Liverpool newspaper that Teixeira “must .
    • China's message to dissenters: Flee if you dare - USA TODAY February 9, 2016
      USA TODAYChina's message to dissenters: Flee if you dareUSA TODAYFlee China if you dare. But know that, even in foreign lands, your criticism of the Communist Party may be punished if Chinese agents find you and spirit you back to the mainland. That's the message China's government is sending to citizens who dare to ...Hong Kong's busines