China Current Events

Chinese News Site Updated Daily

China Current Events: August 9

Typhoon ploughs into China east coast, causes severe destruction A strong typhoon ploughed into China’s eastern coast on Wednesday, the country’s third in a week, knocking down buildings and cutting off power to hundreds of thousands of people, state media said.  Read more US blueprint for war with China flawed and could spark nuclear strikes, […]

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 6

China surprises with second rate cut in weeks China’s central bank cut interest rates for the second time in a matter of weeks on Thursday, stepping up efforts to bolster an economy that last quarter probably suffered its weakest growth since the global financial crisis.  Read more Two child-trafficking gangs eliminated in China Chinese police […]

Current Events in China: May 9

China to launch investigation into capsules containing dead baby remains China is to reinvestigate allegations that Chinese-made drug capsules containing powdered remains of dead babies are being smuggled into South Korea, according to state media.  Read more China is prepared for escalation of Huangyan Island incident China’s Vice Foreign Minister Fu Ying said China is […]

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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