China Current Events

Chinese News Site Updated Daily

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 […]

China Current Events: July 27

Gu Kailai poisoned Neil Heywood ‘after he threatened her son’ The wife of one of China’s most senior political leaders has been charged with murdering the British businessman Neil Heywood over his alleged threat to her son’s “personal security”, state media announced yesterday.  Read more China develops attack copter, denies piracy allegations China today confirmed […]

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 24

Beijing rains kill 37, raise debates As China’s flood-ravaged capital dealt with the aftermath of the heaviest rain in six decades Monday, including the deaths of 37 people, questions were being raised about whether the city’s push for modernization came at the expense of basic infrastructure such as drainage networks.  Read more CNOOC to buy […]

Current Events in China: July 20

China reprimands Russia for alleged attack on Chinese fishing boats Chinese Vice Foreign Minister Cheng Guoping on Thursday expressed strong dissatisfaction with Russia over an alleged attack on a Chinese fishing vessel, which has left a fisherman missing.  Read more China pledges US$20 bil. credit to African nations Chinese President Hu Jintao on Thursday pledged […]

Current Events in China: July 4

China rushes surveillance ships to islands claimed by Vietnam Amid rising tensions between China and its neighbours over the disputed territories in the South China Sea, Beijing today sent four surveillance ships to the area also claimed by Vietnam after spotting a foreign fishing vessel there.  Read more China protest against alloy plant enters third […]

Current Events in China: July 3

Sichuan Protest Turns Violent Police in southwestern Sichuan province deployed tear gas against residents protesting a planned molybdenum copper plant in the latest case of environmental activism facing at times violent resistance from authorities.  Read more China confirms H5N1 bird flu outbreak in Xinjiang China’s northwestern Xinjiang Uygur autonomous region has reported an outbreak of […]

Current Events in China: July 2

Hong Kong protests as Leung takes helm A pro-democracy heckler interrupted a speech by Chinese President Hu Jintao at the swearing-in of Hong Kong’s new leader Sunday and tens of thousands of residents marched to protest Chinese rule on the 15th anniversary of the Asian financial hub’s return to Beijing’s control.  Read more Manufacturing falls […]

Current Events in China: May 25

Chen Guangcheng’s brother flees guarded village The brother of the blind lawyer Chen Guangcheng has become the second member of the family to escape from their heavily guarded village in northern China.  Read more U.S. soldier, two Chinese charged with smuggling guns to China A member of the U.S. National Guard and two Chinese citizens […]

China Current Events: May 19

Home prices decrease in over half of large Chinese cities Prices for new homes in China fell in more than 60 percent of major cities in April from March, the government said Friday, as moves to curb the property market took effect.  Read more China’s most-wanted man jailed for life over £3 billion fraud China’s […]

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    • China Shares Seesaw in Volatile Trading - Wall Street Journal July 28, 2015
      Wall Street JournalChina Shares Seesaw in Volatile TradingWall Street JournalChina's shares bounced from their lows Tuesday, after an 8.5% drop a day earlier spurred declines in global markets and prompted questions about what Beijing's next steps to stem selling might be. The Shanghai Composite Index was down 0.8% at 3694.67 ...China's stock
    • China's Yuan Pushes Deeper Into Global Financial System - Wall Street Journal July 27, 2015
      Wall Street JournalChina's Yuan Pushes Deeper Into Global Financial SystemWall Street JournalChina's domestic stock market may be in turmoil but the country's currency, known as the yuan or renminbi, is making a seemingly relentless push deeper into the global financial system. The latest step: the London Metal Exchange, the world's large
    • Wall Street drops as China stock slump stokes growth fears - Reuters July 27, 2015
      ReutersWall Street drops as China stock slump stokes growth fearsReutersWall Street sank on Monday, with the Nasdaq losing almost 1 percent after the steepest decline in Chinese stocks in eight years increased concerns that cooling growth in the world's No. 2 economy could hurt China's trading partners. The Dow Jones ...US stocks follow China'
    • Why this Chinese stock plunge could be different - CNBC July 27, 2015
      CNBCWhy this Chinese stock plunge could be differentCNBCStocks account for only about 9 percent of household wealth in China, and major market indices are still higher on the year, so relatively few regular Chinese were severely burned by Monday's move. Still, the fallout from July's downturn—and the ...China's economy is getting sick. Will it
    • This is how bad China would have to get to stop Fed - CNBC July 27, 2015
      CNBCThis is how bad China would have to get to stop FedCNBCChina's stock market selloff is unlikely to slow the Fed's path to rate hikes, unless it creates an economic slowdown or deflationary spiral that slams the global economy. The Fed begins its two-day meeting Tuesday, but economists mostly expect little ...and more »
    • Chinese mother saves son seconds before falling to death inside escalator - CNN July 27, 2015
      CNNChinese mother saves son seconds before falling to death inside escalatorCNNChinese state media on Monday named the woman as 31-year-old Xiang Liujuan. Struggling with only her upper body above the metal structure, Xiang is seen pushing her son forward. The boy is quickly pulled to safety by a mall employee standing near the ...China aghast as woman crush
    • China growth fears crush oil and commodities - USA TODAY July 27, 2015
      USA TODAYChina growth fears crush oil and commoditiesUSA TODAYOil prices continued their steep slide Monday, with a barrel of U.S.-produced crude hitting a 52-week low of $47.20 a barrel as investors reacted to the biggest one-day stock sell off in China since 2007, and worries about an oil glut gained steam amid ...and more »
    • Monster Hunt movie sets China box office record - BBC News July 27, 2015
      BBC NewsMonster Hunt movie sets China box office recordBBC NewsFantasy comedy Monster Hunt has become the highest-grossing domestic film in China, state media said. Xinhua state news agency said that as of Sunday afternoon the film had earned 1.317bn yuan ($212m, £137m) since it opened on 16 July. The previous ...Monster Hunt breaks Chinese box office record
    • This move in China could be a big boon for game console makers - Fortune July 27, 2015
      FortuneThis move in China could be a big boon for game console makersFortuneIn January last year, China relaxed their ban by allowing “foreign-invested enterprises” to manufacture consoles inside Shanghai's Free Economic Zone. The government, however, emphasized that new rules would be drafted to govern the entry of consoles ...China eliminates all rest
    • As China's Global Footprint Grows, So Do Risks for Chinese Abroad - Wall Street Journal July 27, 2015
      Wall Street JournalAs China's Global Footprint Grows, So Do Risks for Chinese AbroadWall Street JournalBEIJING—Sunday's suicide truck bombing in Somalia killed a Chinese policeman and wounded three members of the Chinese embassy staff, illustrating the growing risks Chinese nationals face as the country's global footprint expands. The attack o