China Current Events

Chinese News Site Updated Daily

Current Events in China: July 20

China reprimands Russia for alleged attack on Chinese fishing boats Chinese Vice Foreign Minister Cheng Guoping on Thursday expressed strong dissatisfaction with Russia over an alleged attack on a Chinese fishing vessel, which has left a fisherman missing.  Read more China pledges US$20 bil. credit to African nations Chinese President Hu Jintao on Thursday pledged […]

China Current Events: July 18

China’s GDP Hit Tells Story of Hubris Run Amok The lesson from recent economic data and policy moves in Asia (MXAP) is this: Hubris still has its costs. In recent years, Asia believed its own press a little too much. The way it steered around the financial crisis of 2008, the dizzying stock gains, the […]

Current Events in China: June 21

China denies military drill with Russia, Syria, Iran China on Wednesday said there was no truth to an Iranian media report about a joint military drill involving China, Russia, Syria and Iran.  Read more Russia jails two men for giving China nuke secrets Russia has jailed two university professors for passing top secret information on […]

China Current Events: June 8

Global markets rally on news of China rate cuts World shares rallied to their highest in more than a week and the euro gained on Thursday after China surprisingly cut interest rates to shore up sluggish economic growth, fueling hopes other major central banks may follow suit.  Read more Crucial new details of exchange that […]

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 […]

China Current Events: April 29

Neil Heywood: new details emerge of British business dealings of Chinese woman suspected of murder The death of Neil Heywood has come under fresh scrutiny after a Sunday Telegraph investigation unearthed details of the British business dealings of the Chinese woman suspected of his murder.  Read more Dissident Chen Guangcheng ‘chased by undercover Chinese agents’ […]

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    • 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