China Current Events

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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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    • 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