China Current Events

Chinese News Site Updated Daily

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 […]

Current Events in China: July 14

China Data From Home to Investment Show Hope for Growth China’s weakest expansion in three years masked a surge in home sales and a jump in investment that show lower interest rates and banks’ reserve requirements may be starting to stabilize growth in the second-largest economy.  Read more U.S. indicts Iranian, Chinese for nuclear export […]

China Current Events: June 29

Investigation finds widespread abuses at Apple China factories A rights group said it had found “deplorable” conditions at Apple suppliers in China, following a probe of several firms that make the US technology giant’s hugely popular products.  Read more United Technologies sent military copter tech to China United Technologies Corp on Thursday admitted selling China […]

China Current Events: June 6

ConocoPhillips China Confirms Oil Is Leaking Into Bohai Again Failed safety device blamed for another spill in area where the company struggled to contain huge mess last year.  Read more China embraces for largest exam About three out of four applicants of China’s annual national college entrance exam, the largest in the country and the […]

  • RSS China Current Events

    • China Shares Seesaw in Volatile Trading - Wall Street Journal July 28, 2015
      Wall Street JournalChina Shares Seesaw in Volatile TradingWall Street JournalChina's shares bounced from their lows Tuesday, after an 8.5% drop a day earlier spurred declines in global markets and prompted questions about what Beijing's next steps to stem selling might be. The Shanghai Composite Index was down 0.8% at 3694.67 ...China's stock
    • China's Yuan Pushes Deeper Into Global Financial System - Wall Street Journal July 27, 2015
      Wall Street JournalChina's Yuan Pushes Deeper Into Global Financial SystemWall Street JournalChina's domestic stock market may be in turmoil but the country's currency, known as the yuan or renminbi, is making a seemingly relentless push deeper into the global financial system. The latest step: the London Metal Exchange, the world's large
    • Wall Street drops as China stock slump stokes growth fears - Reuters July 27, 2015
      ReutersWall Street drops as China stock slump stokes growth fearsReutersWall Street sank on Monday, with the Nasdaq losing almost 1 percent after the steepest decline in Chinese stocks in eight years increased concerns that cooling growth in the world's No. 2 economy could hurt China's trading partners. The Dow Jones ...US stocks follow China'
    • Why this Chinese stock plunge could be different - CNBC July 27, 2015
      CNBCWhy this Chinese stock plunge could be differentCNBCStocks account for only about 9 percent of household wealth in China, and major market indices are still higher on the year, so relatively few regular Chinese were severely burned by Monday's move. Still, the fallout from July's downturn—and the ...China's economy is getting sick. Will it
    • This is how bad China would have to get to stop Fed - CNBC July 27, 2015
      CNBCThis is how bad China would have to get to stop FedCNBCChina's stock market selloff is unlikely to slow the Fed's path to rate hikes, unless it creates an economic slowdown or deflationary spiral that slams the global economy. The Fed begins its two-day meeting Tuesday, but economists mostly expect little ...and more »
    • Chinese mother saves son seconds before falling to death inside escalator - CNN July 27, 2015
      CNNChinese mother saves son seconds before falling to death inside escalatorCNNChinese state media on Monday named the woman as 31-year-old Xiang Liujuan. Struggling with only her upper body above the metal structure, Xiang is seen pushing her son forward. The boy is quickly pulled to safety by a mall employee standing near the ...China aghast as woman crush
    • China growth fears crush oil and commodities - USA TODAY July 27, 2015
      USA TODAYChina growth fears crush oil and commoditiesUSA TODAYOil prices continued their steep slide Monday, with a barrel of U.S.-produced crude hitting a 52-week low of $47.20 a barrel as investors reacted to the biggest one-day stock sell off in China since 2007, and worries about an oil glut gained steam amid ...and more »
    • Monster Hunt movie sets China box office record - BBC News July 27, 2015
      BBC NewsMonster Hunt movie sets China box office recordBBC NewsFantasy comedy Monster Hunt has become the highest-grossing domestic film in China, state media said. Xinhua state news agency said that as of Sunday afternoon the film had earned 1.317bn yuan ($212m, £137m) since it opened on 16 July. The previous ...Monster Hunt breaks Chinese box office record
    • This move in China could be a big boon for game console makers - Fortune July 27, 2015
      FortuneThis move in China could be a big boon for game console makersFortuneIn January last year, China relaxed their ban by allowing “foreign-invested enterprises” to manufacture consoles inside Shanghai's Free Economic Zone. The government, however, emphasized that new rules would be drafted to govern the entry of consoles ...China eliminates all rest
    • As China's Global Footprint Grows, So Do Risks for Chinese Abroad - Wall Street Journal July 27, 2015
      Wall Street JournalAs China's Global Footprint Grows, So Do Risks for Chinese AbroadWall Street JournalBEIJING—Sunday's suicide truck bombing in Somalia killed a Chinese policeman and wounded three members of the Chinese embassy staff, illustrating the growing risks Chinese nationals face as the country's global footprint expands. The attack o