China Current Events

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China Current Events:

Weibo Comments Suspended in Coup Rumour Aftermath Following rumours of a coup by allies of dethroned Chongqing Party chief Bo Xilai, Xinhua reported on Saturday that authorities have taken action against a number of websites and individuals involved in the rumours’ spread: Beijing’s Taxicab Contention As economic expansion benefits China’s growing middle class, long stagnant […]

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    • In Suburban Seattle, New Nests for China's Rich - New York Times September 20, 2014
      New York TimesIn Suburban Seattle, New Nests for China's RichNew York TimesAs wealthy Chinese stash more of their fortunes overseas, they're bidding up the value of everything from Bitcoins and Burgundy to Picassos and pink diamonds. And, increasingly, China's rich are also offshoring their families along with their cash.and more »
    • Beijing Banker Aims to Become China's First Female Space Tourist - NBCNews.com September 20, 2014
      NBCNews.comBeijing Banker Aims to Become China's First Female Space TouristNBCNews.comBEIJING — Fifty years after the late Mao Zedong said communist China could not "even put a potato into space," a 41-year-old female banker is paying $100,000 for just a few minutes of weightlessness. In the decades after Mao's cutting comments, China ...
    • Microsoft delays Xbox One's China launch - Polygon September 20, 2014
      Wall Street Journal (blog)Microsoft delays Xbox One's China launchPolygonThe Xbox One's launch in China has been delayed, Microsoft says, to give the console "a bit more time to deliver the best experiences possible for our fans" there. Originally slated to launch Tuesday, that date now has been pushed to "by the end of ...Microsoft
    • India and China Cement Trade Deal as Troops Face Off Across the Border - Newsweek September 20, 2014
      NewsweekIndia and China Cement Trade Deal as Troops Face Off Across the BorderNewsweekChina is to invest $20bn in Indian infrastructure projects over five years, and eight agreements and memorandums of understanding were signed on subjects ranging from China modernizing Indian railways and building industrial parks to twinning the ...India, China quietly str
    • For Poor Countries, China Is No Model - Wall Street Journal September 20, 2014
      Wall Street JournalFor Poor Countries, China Is No ModelWall Street JournalBut too many governments in the developing world are moving backward, not forward—responding to popular discontent by following some version of what they see as the "China model." The results could be dire for the global economy. The sheer size of the ...and more »
    • China's war on terror becomes all-out attack on Islam in Xinjiang - Washington Post September 20, 2014
      McClatchy Washington BureauChina's war on terror becomes all-out attack on Islam in XinjiangWashington PostSHACHE COUNTY, China – The month of Ramadan should have been a time of fasting, charity and prayer in China's Muslim west. But here, in many of the towns and villages of southern Xinjiang, it was a time of fear, repression, and violence. China
    • China Fines GlaxoSmithKline Nearly $500 Million in Bribery Case - New York Times September 20, 2014
      New York TimesChina Fines GlaxoSmithKline Nearly $500 Million in Bribery CaseNew York TimesHONG KONG — Global multinationals have invested billions of dollars in China over the last decade, with the prospect of selling to 1.4 billion people. But the promise of China's growth is increasingly offset by the dangers of being caught up in the ...GSK ex-China
    • Web-retail titan Alibaba took over China. Could America's web be next? - Washington Post September 19, 2014
      NBCNews.comWeb-retail titan Alibaba took over China. Could America's web be next?Washington PostAlibaba Group, the Chinese Web juggernaut that has become the world's biggest online retailer, will sell its first shares to the public Friday in one of the most lucrative debuts in stock market history. Though little known in the United States, the ...A
    • GlaxoSmithKline Found Guilty of Bribery in China - Wall Street Journal September 19, 2014
      Wall Street JournalGlaxoSmithKline Found Guilty of Bribery in ChinaWall Street JournalGlaxo is the latest Western company punished in China's crackdown on corporate corruption. The ruling followed a one-day trial, and the penalty—close to £300 million ($491.5 million)—is the largest-ever corporate fine in China, according to the ...and more »
    • FIPA agreement with China: What's really in it for Canada? - CBC.ca September 19, 2014
      VICE NewsFIPA agreement with China: What's really in it for Canada?CBC.caThe secrecy shrouding the much-delayed Foreign Investment Promotion and Protection Agreement (FIPA) with China makes it hard for experts, let alone average Canadians, to figure out what benefits this country will see from the deal. While reporting on ...7 Things Harper Doesn't