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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    • A Rapid Jump to Mobile Ads in China - New York Times December 21, 2014
      New York TimesA Rapid Jump to Mobile Ads in ChinaNew York TimesAdvertisers increasingly want to be part of Mr. Liu's digital world — and of the other 527 million people in China with smartphones. Next year companies are expected to spend more money on digital advertising than on television campaigns in China.
    • China stock connect scheme scorecard throws up surprises - Reuters December 21, 2014
      ReutersChina stock connect scheme scorecard throws up surprisesReutersHONG KONG (Reuters) - A month after China opened up its equity markets in a landmark trading link with Hong Kong, demand has been subdued and the bulk of activity has come from short-term speculative investors. The authorities had hoped mutual and ...and more »
    • US reportedly asks China to help curb North Korea's cyberattack abilities - Fox News December 21, 2014
      The GuardianUS reportedly asks China to help curb North Korea's cyberattack abilitiesFox NewsThe New York Times reports that the White House requested help from Beijing in recent days, but the Chinese have not responded. However, a senior Obama administration official claimed to the Associated Press that the U.S. and China have shared ...US seeks China
    • India and China slugging it out in South Asia - The Japan Times December 21, 2014
      India and China slugging it out in South AsiaThe Japan TimesThe low-lying island nation has no natural water source, so it asked for help from various countries including India, China and the United States. Just a day later, China pointedly sent a military vessel carrying 960 ton of fresh water to the Maldives ...and more »
    • China proposes broadening use of Yuan for trade with Russia: report - Reuters December 21, 2014
      South China Morning Post (subscription)China proposes broadening use of Yuan for trade with Russia: reportReutersChinese Minister of Commerce Gao Hucheng said the use of China's yuan, or renminbi, has been increasing for several years but western sanctions on Russia had made the trend more prominent, Phoenix TV said on its website news.ifeng.com. Gao sa
    • China Invests in Region Rich in Oil, Coal and Also Strife - New York Times December 21, 2014
      New York TimesChina Invests in Region Rich in Oil, Coal and Also StrifeNew York TimesKARAMAY, China — In a desolate park on the city outskirts here, oil bubbling from the ground fills small pools next to a wooden walkway. By one pool is a statue of a bearded ethnic Uighur man sitting on a donkey, playing a lute. The symbolism is telling.China ramps up energy
    • Chinese Annoyance With North Korea Bubbles to the Surface - New York Times December 21, 2014
      New York TimesChinese Annoyance With North Korea Bubbles to the SurfaceNew York TimesBEIJING — When a retired Chinese general with impeccable Communist Party credentials recently wrote a scathing account of North Korea as a recalcitrant ally headed for collapse and unworthy of support, he exposed a roiling debate in China about how to ...and more »
    • Under Xi, China's Wave of 'Weird Architecture' May Have Peaked - New York Times (blog) December 20, 2014
      New York Times (blog)Under Xi, China's Wave of 'Weird Architecture' May Have PeakedNew York Times (blog)When it opens in two years on Beijing's east side, Chaoyang Park Plaza, a ring of glass towers molded like mountains in a classic Chinese landscape painting and designed by the renowned architect Ma Yansong, will feature apartments, off
    • China GDP Is Revised 3.4% Higher For Last Year - New York Times December 20, 2014
      ReutersChina GDP Is Revised 3.4% Higher For Last YearNew York TimesSHANGHAI — China said on Friday that the size of its economy in 2013 was about 3.4 percent larger than previously reported and that gross domestic product reached $9.6 trillion, according to the National Bureau of Statistics. The revision added more ...China revises up size of 2013 economy, s
    • China Protests Planned US Sale of Warships to Taiwan - New York Times December 19, 2014
      USNI NewsChina Protests Planned US Sale of Warships to TaiwanNew York TimesA spokesman for China's Foreign Affairs Ministry, Qin Gang, said Friday during a regularly scheduled news conference that China “is firmly opposed to the arms sales by the U.S. to Taiwan.” He added that the warship transfer “brutally interferes in ...China lodges protest after Ob