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's Crackdown on Corruption Targets Golf, a 'Sport for Millionaires' - New York Times April 18, 2015
      New York TimesChina's Crackdown on Corruption Targets Golf, a 'Sport for Millionaires'New York TimesHONG KONG — President Xi Jinping's crackdown on vice and corruption in China has gone after drugs, gambling, prostitution, ill-gotten wealth and overflowing banquet tables. Now it has turned to a less obvious target: golf. In a flurry of re
    • New Zealand Plotted Hack on China With NSA - The Intercept - First Look Media April 18, 2015
      The Intercept - First Look MediaNew Zealand Plotted Hack on China With NSAThe Intercept - First Look MediaNew Zealand spies teamed with National Security Agency hackers to break into a data link in the country's largest city, Auckland, as part of a secret plan to eavesdrop on Chinese diplomats, documents reveal. The covert operation, reported Saturday b
    • Mitakon Speedmaster 85mm f/1.2: A 'Dream' Portrait Lens from China - PetaPixel (blog) April 18, 2015
      PetaPixel (blog)Mitakon Speedmaster 85mm f/1.2: A 'Dream' Portrait Lens from ChinaPetaPixel (blog)ZY Optics, the Chinese company behind Mitakon and Zhongyi lenses and adapters, has announced its new Mitakon Speedmaster 85mm f/1.2 lens. It's an ultra-fast, manual-focus portrait lens that gives photographers an f/1.2 aperture without breaking th
    • Taurus revamp debuts in China as Ford counters US sedan slump - Reuters April 18, 2015
      ReutersTaurus revamp debuts in China as Ford counters US sedan slumpReutersAccording to research firm IHS Automotive, China's market for large sedans has overtaken the United States, with sales of around 4 million last year, topping the 3.6 million sold in the U.S. By 2020, IHS expects that gap to have widened to 5.3 million ...All-New 2016 Ford Taurus
    • Sandstorm Sweeps Through China - NBCNews.com April 18, 2015
      NBCNews.comSandstorm Sweeps Through ChinaNBCNews.comNBC News A sandstorm hits portions of northwest China, reducing visibility to less than 50 yards in some areas. The sand and dust is likely to stay in the Xinjiang region for a few more days. Published April 17th 2015, 12:34 pm. advertisement. Related ...and more »
    • China Rethinks Its Car-Sales Model - Wall Street Journal April 18, 2015
      Wall Street JournalChina Rethinks Its Car-Sales ModelWall Street JournalIt poses a growing challenge for global auto makers' profit in China, where long-reliable sales gains are threatened by flagging economic growth, intensifying competition and municipalities capping licenses to reduce road congestion. Last month, the ...and more »
    • Once-Prized Tibetan Mastiffs Are Discarded as Fad Ends in China - New York Times April 17, 2015
      New York TimesOnce-Prized Tibetan Mastiffs Are Discarded as Fad Ends in ChinaNew York TimesBEIJING — There once was a time, during the frenzied heights of China's Tibetan mastiff craze, when a droopy-eyed slobbering giant like Nibble might have fetched $200,000 and ended up roaming the landscaped grounds of some coal tycoon's suburban ...Nobody In
    • The quiet revolution - The Economist April 17, 2015
      The quiet revolutionThe EconomistWITH China, the received wisdom belongs to the pessimists. Figures this week revealed that growth has slowed sharply and deflation set in, as the economy is weighed down by a property slump and factory production is at its weakest since the dark days ...
    • China's economy is losing altitude fast - CBS News April 17, 2015
      Wall Street JournalChina's economy is losing altitude fastCBS NewsIs China's economy finally heading for the dreaded "hard landing" that some analysts have been predicting? The People's Republic still has a financial growth rate that is the envy of many nations. But its reported first-quarter GDP growth of 7 percent ...In China, Weak
    • China Readies $46 Billion for Pakistan Trade Route - Wall Street Journal April 17, 2015
      Wall Street JournalChina Readies $46 Billion for Pakistan Trade RouteWall Street JournalChinese President Xi Jinping is set to unveil a $46 billion infrastructure spending plan in Pakistan that is a centerpiece of Beijing's ambitions to open new trade and transport routes across Asia and challenge the U.S. as the dominant regional power ...Chinese presi