China Current Events

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Current Events in China: April 6

Drought plagues 13 Chinese provinces China’s ongoing severe drought has hit 13 Chinese provinces, having an adverse impact on agricultural production, the country’s drought relief authorities said Thursday.  As of Thursday, the dry spell has left 7.82 million people and 4.58 million head of livestock without adequate drinking water in provinces including Yunnan, Sichuan, Hebei, […]

China Current Events: April 5

Giant feathered dinosaur Yutyrannus discovered in China It is by far the biggest feathered dinosaur ever to have been unearthed and raises intriguing questions as to why some of these scaly reptiles developed plumage. Three nearly complete skeletons of the dinosaur have been uncovered in beds of sediment in Liaoning province, northeastern China, scientists reported […]

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    • Obama, Vietnam leader discuss South China Sea in landmark meeting - Reuters July 7, 2015
      ReutersObama, Vietnam leader discuss South China Sea in landmark meetingReutersWASHINGTON U.S. President Barack Obama and the head of Vietnam's ruling communist party discussed concerns over China's activities in the South China Sea during a historic White House meeting on Tuesday marking two decades of engagement ...Obama working to make Vietnam a
    • China Construction Says Developers Mismanaged Finances, Design Of $3.5 ... - Forbes July 7, 2015
      ForbesChina Construction Says Developers Mismanaged Finances, Design Of $3.5 ...ForbesThe Chinese construction firm that is the general contractor for Baha Mar, a $3.5 billion resort development in the Bahamas that has repeatedly delayed its planned opening, fired back at the project's developer today, accusing it of financial and ...and more »
    • Goldman Sachs Says There's No China Stock Bubble, Sees 27% Rally - Bloomberg July 7, 2015
      BloombergGoldman Sachs Says There's No China Stock Bubble, Sees 27% RallyBloombergKinger Lau, the bank's China strategist in Hong Kong, predicts the large-cap CSI 300 Index will rally 27 percent over the next 12 months as government support measures boost investor confidence and monetary easing spurs economic growth. Leveraged ...China's stock
    • Are Greece and China repeating history? - CNBC July 7, 2015
      CNBCAre Greece and China repeating history?CNBCChina's recent meteoric stock market rise, and 30 percent decline in the last three weeks, resembles Japan in late 1989 and the early 1990s: A meteoric rise fueled by the belief in a superior economic system that, in the end, was just as vulnerable to ...and more »
    • This editorial should send chills down the spine of every foreign company in China - Business Insider July 7, 2015
      Business InsiderThis editorial should send chills down the spine of every foreign company in ChinaBusiness InsiderIn China, the media most often speaks for the state. So when Xinhua publishes an editorial telling foreign companies to "put their victim mentality to rest ... and embrace new rules" on national security that expand China's legal r
    • Commodities Skid on China's Stock Rout - Wall Street Journal July 7, 2015
      Wall Street JournalCommodities Skid on China's Stock RoutWall Street JournalCommodity traders fear that China's tumbling stocks reflect broader economic weakness. Chinese shares vaulted 60% to a record high on June 12 as Beijing unleashed a flood of cheap money in its effort to prop up indebted businesses. The government's ...China's stoc
    • China stock rout has earmarks of past crashes - USA TODAY July 7, 2015
      USA TODAYChina stock rout has earmarks of past crashesUSA TODAYThe wild ride in China continued Tuesday with both the Shanghai composite index and the Shenzhen index (often dubbed China's little Nasdaq) tumbling again Tuesday to fresh bear market lows. The Shanghai index, which is filled with so-called A-shares ...China stocks fall again despite support
    • South China Sea dispute between China, Philippines heads to court - Reuters July 7, 2015
      ReutersSouth China Sea dispute between China, Philippines heads to courtReutersAMSTERDAM The Philippines argued at a closed hearing on Tuesday that an international court should intervene in its dispute with China over the right to exploit natural resources and fish in the South China Sea. Though China has declined to participate ...UN tribunal to begin Sout
    • As China's Market Tanks, What Becomes of the Companies Hoping to List? - Wall Street Journal July 7, 2015
      Wall Street JournalAs China's Market Tanks, What Becomes of the Companies Hoping to List?Wall Street JournalAs the market soared in China, nearly 20 Chinese companies whose shares trade in New York got bids to go private in management buyouts. The goal for companies such as security-software maker Qihoo 360 Technology Co. QIHU -7.23 % was to list their 
    • China is neglecting the internet and tech startups that are supposed to fuel ... - Quartz July 7, 2015
      QuartzChina is neglecting the internet and tech startups that are supposed to fuel ...QuartzThis past weekend, China's State Council, a central governing body led by premier Li Keqiang, released a detailed outline of Internet Plus, an ambitious plan to boost the economy by promoting new web-based businesses (link in Chinese). But the plan is ...and more