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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    • Europe stocks set for worst monthly loss since 2011 on China, Fed concerns - Reuters August 31, 2015
      ReutersEurope stocks set for worst monthly loss since 2011 on China, Fed concernsReutersLONDON Stocks in Europe fell on Monday, heading for their worst monthly losses in four years amid persistent investor concerns about slowing growth in China and the prospect of higher U.S. interest rates. Falling share prices in Europe and Asia put ...China worries weigh
    • China praises Taiwan war contribution as official arrives for parade - Reuters August 31, 2015
      ReutersChina praises Taiwan war contribution as official arrives for paradeReutersTaiwan, which was a Japanese colony during the war, has a broadly more positive view of Japan than the official Chinese line, and Lien's visit has caused upset with both the ruling party and the main opposition Democratic Progressive Party (DPP).China's Communists emb
    • Man Group's China Chief Said to Assist Police in Probe - Bloomberg August 31, 2015
      Man Group's China Chief Said to Assist Police in ProbeBloombergChinese authorities took Li Yifei, chairwoman of hedge fund Man Group Plc's China unit, into custody to assist with a police probe into market volatility, according to a person familiar with the matter. Li assisting with the investigation doesn't mean ...and more »
    • Xi's Military Parade Fans Unease in Region Wary of China - Bloomberg August 31, 2015
      BloombergXi's Military Parade Fans Unease in Region Wary of ChinaBloombergAs Xi Jinping presides over thousands of goose-stepping troops marching down Beijing's Changan Avenue -- or “Eternal Peace Street” -- on Thursday, the Chinese president will also proclaim his commitment to the world's peaceful development.Ban Ki-moon rejects Japanese cri
    • China to open high-speed rail link to North Korean border - Reuters August 31, 2015
      Bloomberg ViewChina to open high-speed rail link to North Korean borderReutersChina has encouraged the development of three special economic zones in North Korea, hoping to tap low labor costs and encourage the North to see the benefits of economic reform, even while publicly rebuking it over its nuclear weapons program.Two Big Winners From China's Big
    • China reporter confesses to stoking market 'panic and disorder' - Financial Times August 31, 2015
      Financial TimesChina reporter confesses to stoking market 'panic and disorder'Financial TimesThe detention of Wang Xiaolu, a reporter for Caijing magazine, comes amid a broad crackdown on the role of the media in the slump in China's stock market, which is down about 40 per cent from its June 12 peak. Nearly 200 people have been punished for .
    • China's Stocks Cap Biggest Selloff Since 2008 on Rescue Doubts - Bloomberg August 31, 2015
      Yahoo Finance UKChina's Stocks Cap Biggest Selloff Since 2008 on Rescue DoubtsBloombergThe China Securities Regulatory Commission gave the order at a meeting with representatives of 50 brokerages on Saturday, which CSRC Chairman Xiao Gang also attended, said the people who asked not to be identified because the meeting hasn't been ...China's S
    • Boom to bust? Factory town feels pinch from China's slowdown - CNN August 31, 2015
      CNNBoom to bust? Factory town feels pinch from China's slowdownCNNAs demand for China-made exports drops, there are growing calls for greater innovation and efficiency. Increasing international competition is pushing many Chinese factories to modernize and specialize. In June, Beijing announced "Made in China 2025 ...and more »
    • Goldman takes a knife to China GDP forecasts - CNBC August 31, 2015
      CNBCGoldman takes a knife to China GDP forecastsCNBCGoldman Sachs slashed its forecasts for China's growth over the next three years amid broadening pessimism over the health of the world's second largest economy. The bank on Monday marked down its 2016, 2017 and 2018 projections to 6.4 percent, 6.1 ...
    • US developing sanctions against China over cyberthefts - Washington Post August 31, 2015
      Huffington PostUS 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 ...U.S. Weighs Sanctions O