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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    • It's amateur hour in China - Yahoo Finance September 2, 2015
      Yahoo FinanceIt's amateur hour in ChinaYahoo FinanceChina has embarked on a long odyssey to prove that capitalism can work within the confines of a communist government. There have been many impressive successes. But the failures—including those we've seen on display this summer—reveal that China ...Here's what you may not know about the Chine
    • Will the crisis in China sink the US economy? - Fortune September 2, 2015
      FortuneWill the crisis in China sink the US economy?FortuneOn Tuesday, it was data showing that activity in China's manufacturing sector during August contracted at the fastest rate in three years. The news sent the S&P 500 falling more than 3%, after stock markets in Europe and Asia posted steep losses as well.China Fears Sink Markets AgainWall Str
    • China's Stock Market Not In Step With Victory Day Parade - TIME September 2, 2015
      TIMEChina's Stock Market Not In Step With Victory Day ParadeTIME3, China's President Xi Jinping prepared to welcome a stream of world leaders congregating for the goosestepping, missile-bristling commemoration of Japan's official surrender in World War II: Russian President Vladimir Putin, South Korea's Park Geun ...and more »
    • The state v the stockmarket - The Economist (blog) September 2, 2015
      The Economist (blog)The state v the stockmarketThe Economist (blog)THE ups and downs of China's stockmarket have become plainly, painfully visible to the world. Less transparent, but perhaps more damaging in years to come, has been another kind of rollercoaster. The government has gone from the concerted wooing of ...and more »
    • China welcomes an accused war criminal to a parade lambasting Japanese war ... - Quartz September 2, 2015
      China welcomes an accused war criminal to a parade lambasting Japanese war ...QuartzSudanese president Omar Hassan al-Bashir, an accused war criminal, has arrived in Beijing to attend a military parade celebrating the defeat of Japan—a country that China still accuses of not fully owning up to its own war crimes. The International ...and more »
    • Extreme volatility rocks China stocks - CNNMoney September 2, 2015
      CNNMoneyExtreme volatility rocks China stocksCNNMoneyChina stocks swung wildly on Wednesday as investors grappled with the market's latest episode of extreme volatility. The benchmark Shanghai Composite shed 4.2% at the opening bell, only to recover and close with a 0.2% loss. The smaller Shenzhen ...China worries take Asian shares on a roller-coaster r
    • China, Russia amassing personal info seized in hacks for counter-intelligence - CNN International September 2, 2015
      CNN InternationalChina, Russia amassing personal info seized in hacks for counter-intelligenceCNN InternationalBoth Russia and China use non-government entities, including hacking groups and private companies, to infiltrate U.S. systems and analyze the collected data. The intention, the U.S. official says, is to hide the true source of the attacks. However,
    • As China's Economy Falters, Military Parade Offers Chance to Burnish Image - New York Times September 1, 2015
      New York TimesAs China's Economy Falters, Military Parade Offers Chance to Burnish ImageNew York TimesChina celebrates a new national holiday on Thursday, honoring the 70th anniversary of the end of World War II with events across the country, a three-day holiday and a martial spectacle that will rumble through the ceremonial heart of the capital ...Chi
    • Alibaba Is the Canary in China's Coal Mine - Bloomberg View September 1, 2015
      Bloomberg ViewAlibaba Is the Canary in China's Coal MineBloomberg ViewIt turns out investors were right about Alibaba: No company is more on the front lines of China's economic shifts than Jack Ma's juggernaut. And that's just where the problems begin. Alibaba's shares slide with each new report of middle-class Chinese ...and more »
    • Beijing is blaming everyone but itself for China's stock market collapse - Quartz September 1, 2015
      New York TimesBeijing is blaming everyone but itself for China's stock market collapseQuartzChina's stock markets continue to stumble, despite the massive stimulus that the government has unleashed to prop them up. The Shanghai benchmark index fell by 1.23% today (Sep. 1), after closing down slightly yesterday. The index has fallen by nearly ...Chi