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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    • Shanghai shares open down 1.56% ahead of final Caixin PMI - CNBC September 1, 2015
      CNBCShanghai shares open down 1.56% ahead of final Caixin PMICNBCAsian stocks declined early Tuesday, following a negative lead from Wall Street and as investors digested the slew of economic data out of China. China's official manufacturing purchasing managers' index (PMI) edged down to 49.7 in August from 50 in ...Fresh factory data confirms slow
    • Asian shares nervous ahead of China data - Reuters September 1, 2015
      ReutersAsian shares nervous ahead of China dataReutersChina's official factory sector activity likely shrank at its fasted pace in three years in August, according to a Reuters poll of economists. Similar surveys on service sector activity will also be released in the early morning. MSCI's broadest index ...China's Stocks Cap Biggest Selloff S
    • The Real Global Threat Of China's Eroding Economic Credibility Is At Home - Forbes August 31, 2015
      Slate Magazine (blog)The Real Global Threat Of China's Eroding Economic Credibility Is At HomeForbesChina's 'economic miracle' over the past 35 years has been the envy of many other emerging market countries; indeed, of some advanced countries too. Yet in just over a period of a few weeks, global economic officials are deeply concerned ab
    • Large Blast Reported in Chinese City - Wall Street Journal August 31, 2015
      9news.com.auLarge Blast Reported in Chinese CityWall Street JournalA large blast ripped through a chemical-focused industrial zone in a northeastern Chinese city late Monday, according to official media, less than a month after a chemical explosion killed more than 150 people and raised concerns about industrial ...Explosion reportedly rocks second chemical
    • Will Australia's property market suffer with China crackdown? - The Australian Financial Review August 31, 2015
      The Australian Financial ReviewWill Australia's property market suffer with China crackdown?The Australian Financial ReviewA survey conducted by the Financial Times suggesting that almost half of high net worth individuals on mainland China plan to invest more than 30 per cent of their assets overseas. Just under two-thirds of those surveyed said they p
    • Japan plans largest ever defence budget to counter China's reach - The Guardian August 31, 2015
      The GuardianJapan plans largest ever defence budget to counter China's reachThe GuardianThe increases since then reflect its growing anxiety about China's expanding naval reach. The rise is also in line with Japan's more assertive defence policy under the conservative prime minister, Shinzo Abe, as he seeks to check Chinese influence and ...Ja
    • China pins market plunge on financial journalist, airs 'confession' - Washington Post August 31, 2015
      Wall Street JournalChina pins market plunge on financial journalist, airs 'confession'Washington PostWhat's roiling China's stock market? A journalist, apparently. Wang Xiaolu, a reporter for a respected Chinese business magazine, "confessed" to causing chaos and panic in the markets, state media reported Sunday. In footage broa
    • China Punishes Nearly 200 Over 'Rumors' About Stocks, Blasts and Parade - New York Times August 31, 2015
      NBCNews.comChina Punishes Nearly 200 Over 'Rumors' About Stocks, Blasts and ParadeNew York TimesThe so-called rumors were related to China's continuing stock market uncertainty, the recent industrial explosions in Tianjin and the military parade scheduled for Thursday to commemorate the 70th anniversary of the end of World War II, the ministry
    • ​China's sale of US debt: Safety valve or cause for concern? - CBS News August 31, 2015
      Bloomberg View​China's sale of US debt: Safety valve or cause for concern?CBS NewsBloomberg News reports that China is selling billions of dollars of its massive inventory of U.S. Treasuries to raise dollars to buy back and stabilize the country's own currency. The move comes amid a sharp decline in Chinese stocks in recent months ...China Has Lots
    • US developing sanctions against China over cyberthefts - Washington Post August 31, 2015
      FortuneUS developing sanctions against China over cybertheftsWashington PostThe Obama administration is developing a package of unprecedented economic sanctions against Chinese companies and individuals who have benefited from their government's cybertheft of valuable U.S. trade secrets. The U.S. government has not yet ...White House mulls sanctioning C