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 Change of Strategy, China Cuts Interest Rate - New York Times November 22, 2014
      Wall Street JournalIn Change of Strategy, China Cuts Interest RateNew York TimesHONG KONG — China finally admitted it has a growth problem — and that is a big step to getting the global economy back on track. For months, Beijing avoided broad stimulus measures, signaling that it was comfortable with the country's slowing growth.China Central Bank Cuts I
    • China rate cut, European stimulus hints lift markets - Reuters November 21, 2014
      ReutersChina rate cut, European stimulus hints lift marketsReutersNEW YORK (Reuters) - World stock markets and oil prices rallied on Friday, fueled by hopes for global growth after China rolled out a surprise interest rate cut and the European Central Bank indicated it would step up asset purchases to boost the euro ...China rate cut spurs markets on to new
    • The End of China's Economic Miracle? - Wall Street Journal November 21, 2014
      Wall Street JournalThe End of China's Economic Miracle?Wall Street JournalOn a trip to China in 2009, I climbed to the top of a 13-story pagoda in the industrial hub of Changzhou, not far from Shanghai, and scanned the surroundings. Construction cranes stretched across the smoggy horizon, which looked yellow in the sun. My ...and more »
    • Oil Prices Higher on China's Surprise Rate Cut - Wall Street Journal November 21, 2014
      Wall Street JournalOil Prices Higher on China's Surprise Rate CutWall Street JournalNEW YORK—Oil prices held on to small gains Friday, after an early rally was sparked by China's decision to cut interest rates, fanning hopes for increasing demand from the world's second-largest crude consumer. The move came after oil prices had ...China's
    • That Time China's State Media Ran An Article About Nuclear Strikes Against Los ... - Business Insider November 21, 2014
      That Time China's State Media Ran An Article About Nuclear Strikes Against Los ...Business InsiderChina has entertained the threat of nuclear strikes against west coast cities such as Los Angeles and Seattle, the annual 2014 congressional report from the US China Economic and Security Review Commission states. According to the report, a Chinese ...and m
    • China Could Shut Down US Power Grid With Cyber Attack, Says NSA Chief - Newsweek November 21, 2014
      NewsweekChina Could Shut Down US Power Grid With Cyber Attack, Says NSA ChiefNewsweekChina and “one or two” other countries have the ability to launch a cyber attack that could shut down the entire U.S. power grid and other critical infrastructure, the head of the National Security Agency (NSA) and U.S. Cyber Command told a ...The US government thinks China
    • China commits $45.6 billion for economic corridor with Pakistan - Reuters November 21, 2014
      ReutersChina commits $45.6 billion for economic corridor with PakistanReutersISLAMABAD (Reuters) - The Chinese government and banks will finance Chinese companies to build $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday.China and Pakistan Ink $45 Bil
    • China Climate Pledge Needs 1000 Nuclear Plant Effort - Bloomberg November 21, 2014
      BloombergChina Climate Pledge Needs 1000 Nuclear Plant EffortBloombergChina, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change. Chinese President Xi Jinping agreement last week with President Barack Obama ...and more »
    • China Detains an American Who Assists North Koreans - New York Times November 21, 2014
      China Detains an American Who Assists North KoreansNew York TimesBEIJING — A Korean-American aid worker who lived in China on the border with North Korea for more than a decade has been detained by the Chinese authorities, his lawyer said Thursday. The aid worker, Peter Hahn, who is 73 and escaped from the North ...and more »
    • In Step to Lower Carbon Emissions, China Will Place a Limit on Coal Use in 2020 - New York Times November 21, 2014
      New York TimesIn Step to Lower Carbon Emissions, China Will Place a Limit on Coal Use in 2020New York TimesWorkers starting their shift at the Tahsan coal mine in Shaanxi Province. China said it would cap coal consumption at 4.2 billion tons by 2020 and have coal be no more than 62 percent of the primary energy mix by that year. Credit Gilles Sabrie for The