China Current Events

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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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    • 'Cold War mentality': Beijing slams new US military strategy over South China Sea - RT July 3, 2015
      RT'Cold War mentality': Beijing slams new US military strategy over South China SeaRTBeijing has been expressed outrage over the recently updated US National Military Strategy, which called Chinese claims in the South China Sea worrisome and “inconsistent with international law.” China's Foreign Ministry spokeswoman, Hua Chunying, ...China ang
    • Quake in rural China kills three, damages thousands of homes - Reuters July 3, 2015
      The Weather ChannelQuake in rural China kills three, damages thousands of homesReuters"If many people are gathered in one place during an earthquake, it can lead to a serious disaster, but in this case, there were relatively few people so it isn't so serious," China Earthquake Networks Centre researcher Sun Shihong told state ...Earthquake Roc
    • China hunts for 'manipulators' as stocks tumble - Reuters July 3, 2015
      ReutersChina hunts for 'manipulators' as stocks tumbleReutersSHANGHAI Chinese stocks tumbled again on Friday, taking the week's losses to more than 10 percent, as the securities regulator said it was investigating suspected market manipulation and announced a slew of measures aimed at heading off a full-blown ...China Accelerates Efforts to St
    • Vietnam Party Chief Balances Ties Between US, China - Wall Street Journal July 3, 2015
      Wall Street JournalVietnam Party Chief Balances Ties Between US, ChinaWall Street JournalBut with Beijing growing more aggressive in its territorial claims to the South China Sea, close observers are concluding that Mr. Trong has little choice but to throw the full weight of Vietnam's Communist Party behind a stronger alliance with the U.S ...and more »
    • China's low rates sound death knell for copper carry trade - Financial Times July 3, 2015
      Financial TimesChina's low rates sound death knell for copper carry tradeFinancial TimesFor years, while interest rates in China were much higher than international levels, a popular trade comprised of borrowing money at the dollar interest rate using a letter of credit from a domestic bank to import commodities. These stocks of raw ...Cornering the mar
    • As China stocks sink, some accuse Morgan Stanley, other foreign forces - MarketWatch July 3, 2015
      MarketWatchAs China stocks sink, some accuse Morgan Stanley, other foreign forcesMarketWatchHONG KONG (MarketWatch) — The recent, drastic stock-market meltdown in China seems to have freaked out the country's government and central bank, as their repeated efforts to stabilize the markets have failed, at least so far. And now, some segments ...China fail
    • Xi Jinping has run into the one thing in China he can't control - Quartz July 3, 2015
      Xi Jinping has run into the one thing in China he can't controlQuartzChinese president Xi Jinping's signature governing style has been to consolidate power and then wield it aggressively and independently. He's destroyed political opposition within his own party by locking up Bo Xilai and Zhou Yongkang, once rumored to ...
    • Why the Communist Party's new security law is bad news for China - CNN July 3, 2015
      CNNWhy the Communist Party's new security law is bad news for ChinaCNNWhereas Chinese legislation usually tries to give the appearance of leaving control with the formal state institutions -- with the Party's role limited to providing "leadership" -- the new National Security Law is explicit in its ambition to protect ...China passes new
    • China's Boom Has World Bank Worried - Bloomberg View July 2, 2015
      Bloomberg ViewChina's Boom Has World Bank WorriedBloomberg ViewBy urging Beijing to clamp down on wasteful investment, unsustainable debt, and a shadow banking industry run amok, it was delivering a clear enough warning that President Xi should stop fanning China's giant asset bubble. The World Bank was also ...World Bank redacts report critical of
    • China criticized over Ramadan restrictions - CNN July 2, 2015
      CNNChina criticized over Ramadan restrictionsCNNThe fast -- traditionally observed from dawn until dusk -- is a central tenet of Islam, the religion practiced by many of the ethnic Uyghurs native to China's western province of Xinjiang. The Turkish Foreign Ministry published a statement this week ...China upset with Turkey's concern on Ramadan rest