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 [...]
China Current Events
- Australia to Boost Farm Exports 45% by 2025 to Help Feed China - Bloomberg May 25, 2013Australia to Boost Farm Exports 45% by 2025 to Help Feed ChinaBloombergAustralia will boost the value of agriculture and food-related exports 45 percent by 2025 to meet demand from China, the government said in a plan released today. “The rise of Asia is transforming the world,” Agriculture Minister Joe Ludwig said. “By ...and more » […]
- China Bluntly Tells North Korea to Enter Nuclear Talks - New York Times May 25, 2013CBS NewsChina Bluntly Tells North Korea to Enter Nuclear TalksNew York TimesPublished: May 24, 2013. BEIJING — The Chinese leader, Xi Jinping, bluntly told a North Korean envoy on Friday that his country should return to diplomatic talks intended to rid it of its nuclear weapons, according to a state-run Chinese news agency.Report: China calls on North Korea […]
- China's Consumers Fight Back, Explore Options - Wall Street Journal May 24, 2013Wall Street JournalChina's Consumers Fight Back, Explore OptionsWall Street JournalChinese households are signaling impatience with government controls that cut against their interests. They have started to win important victories, not just finding ways around artificially low fare levels that reduce the number of taxis on Beijing's ...and more » […]
- Asia's Week: China Still on (Economic) Flu Watch - Forbes May 24, 2013Asia's Week: China Still on (Economic) Flu WatchForbesWhile Asia basked another week in generally favorable economic winds–minus that little 7% stock squall in Japan in Thursday, whatever that was about–there remained an undercurrent of worry about China. A contraction in factory work there in May, at ... […]
- China seals first free-trade deal with Switzerland - BBC News May 24, 2013The AtlanticChina seals first free-trade deal with SwitzerlandBBC NewsChina has signed the framework of a free-trade agreement with Switzerland, which could become Beijing's first such deal with a major Western economy. The signing ceremony took place during an official visit by Chinese Premier Li Keqiang to Switzerland.How Well Do China and India Know […]
- US audit regulator reaches deal with China on document access - Reuters May 24, 2013BloombergUS audit regulator reaches deal with China on document accessReutersIt applies only to enforcement cases against auditors, not against China-based companies suspected of accounting fraud. And it does not allow U.S. regulators to do on-the-ground inspections of auditors in China - a key part of efforts to combat fraud.Expending some goodwillThe Econo […]
- China Considers Luxury Tax - Forbes May 24, 2013The AtlanticChina Considers Luxury TaxForbesThe Chinese government might make Prada Prada shoes and Ferraris more expensive, but that's unlikely to stop spendthrifts from buying them. Luxury products have become an important niche in the booming China consumer story. And as part of the ...Urbanization Is Making China Wealthy— But Is It Sustainable?The A […]
- China Sentiment Indicator Flops - Forbes May 24, 2013BloombergChina Sentiment Indicator FlopsForbesChina continues to disappoint. Following HSBC Flash PMI going below 50, and below consensus, on Friday one of the big business surveys on China says sentiment in the C-suite is souring. The MNI China flash business sentiment indicator fell to 57.1 in ...China factory activity contracts in MayCNNMoneyChina factory […]
- The US-China Showdown Over Cyber Attacks Heats Up - Businessweek May 24, 2013New York TimesThe US-China Showdown Over Cyber Attacks Heats UpBusinessweekCyber espionage has become an even more fractious issue following the May 6 release of a Pentagon report to Congress that for the first time officially links the Chinese government to widespread hacking directed at the U.S. “China is using its computer ...Hackers Find China Is Land of […]
- North Korea's Kim signals he's willing to talk in letter to China's Xi - Los Angeles Times May 24, 2013North Korea's Kim signals he's willing to talk in letter to China's XiLos Angeles TimesThe meeting is likely to disappoint the White House. Xi is scheduled to meet with President Obama next month in California, and there had been hopes that China and the United States could jointly come up with a more decisive strategy to rein in North ... […]