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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    • To Temper Unrest, China Pushes Interethnic Marriage Between Han and ... - New York Times September 2, 2014
      New York TimesTo Temper Unrest, China Pushes Interethnic Marriage Between Han and ...New York TimesBEIJING — In a policy that appears aimed at soothing violent ethnic tensions in the west of China, officials in the region of Xinjiang are offering cash and other financial incentives to encourage marriages between minorities and Han, the country's ...Chin
    • India and Japan Pursue Closer Ties to Counter China - Wall Street Journal September 2, 2014
      Wall Street JournalIndia and Japan Pursue Closer Ties to Counter ChinaWall Street JournalTOKYO—The leaders of Japan and India pledged to step up defense and economic cooperation Monday as the two Asian powers aim to build a strategic counterweight to China. As India's new prime minister, Narendra Modi, begins to outline a vision for his ...
    • China real estate: A bubble bursting? - CNBC September 2, 2014
      CNBCChina real estate: A bubble bursting?CNBCFor 31-year old Beijing resident Wang Yuanzhi, talk about a bubble in Chinese property is not something to be too concerned about. "If you look at the real estate market in China, it has already seen a golden decade of extreme fast growth. There will ...China's property conundrumBBC Newsall 38 news artic
    • Putin breaks ground on Russia-China gas pipeline, world's biggest (VIDEO) - RT September 2, 2014
      RTPutin breaks ground on Russia-China gas pipeline, world's biggest (VIDEO)RT“The new gas branch will significantly strengthen the economic cooperation with countries in the Asia-Pacific region and above all - our key partner China,” Putin said at the ceremony outside the city of Yakutsk - the capital of Russia's Republic of ...China May Be Biggest
    • China accuses MPs of Hong Kong 'interference' - BBC News September 2, 2014
      BBC NewsChina accuses MPs of Hong Kong 'interference'BBC NewsThe Chinese authorities have accused British MPs of interfering in Hong Kong's affairs, Newsnight has learned. They are trying to block an influential Westminster committee from carrying out an inquiry into the ongoing tensions in Hong Kong. The ...Beijing Abandons Pragmatism on Hong
    • US Firms Feel Unwelcome in China, According to Survey - Wall Street Journal September 2, 2014
      Wall Street JournalUS Firms Feel Unwelcome in China, According to SurveyWall Street JournalA survey by the American Chamber of Commerce released on Tuesday shows that 60% of companies feel less welcome in China than before, a sharp increase from 41% in the previous poll a year ago. In a new question for its members, 49% of respondents ...China Targeting Fore
    • China banking crisis 'almost certain' - Sydney Morning Herald September 2, 2014
      Sydney Morning HeraldChina banking crisis 'almost certain'Sydney Morning Herald"We don't know when there will be a China banking crisis and how it will play out but it is almost certain there will be one," said Mr Stein, a professor at the University of London who served as chief economist at consulting firm Lombard Street from ...an
    • China Troubles for OSI Reflect Broader Perils for Business - Wall Street Journal September 1, 2014
      Wall Street JournalChina Troubles for OSI Reflect Broader Perils for BusinessWall Street JournalThat all collapsed in July after a Chinese television report showed workers in the company's Shanghai plant allegedly making chicken nuggets and patties from expired meat. OSI's operations across China now are paralyzed, after state media excoriated ...M
    • With eye on Japan, China plans Martyrs' Day - USA TODAY September 1, 2014
      USA TODAYWith eye on Japan, China plans Martyrs' DayUSA TODAYBEIJING — China has established a national day to commemorate the country's martyrs, state media said Monday, the latest of several recent steps by Beijing to intensify commemoration of its war-time fight against Japan, including orders that TV ...and more »
    • China Gives Microsoft 20 Days to Explain Problems - Wall Street Journal September 1, 2014
      Wall Street JournalChina Gives Microsoft 20 Days to Explain ProblemsWall Street JournalThe investigation into Microsoft is one of a number faced by foreign businesses in China, as Beijing steps up enforcement of its six-year-old antimonopoly law. Foreign luxury auto makers are facing probes by another Chinese agency into the way they ...China gives Microsoft