China Current Events

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Current Events in China: August 2

China official PMI shows factory sector barely growing China’s official factory purchasing managers’ index fell to an eight-month low of 50.1 in July, suggesting the sector is barely growing, while a rival HSBC survey indicated the more market-sensitive private sector is starting to recover.  Read more China big city spenders confound global gloom: survey Consumer […]

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 21

Chinese court upholds Ai Weiwei’s US$2.4 mil. tax fine A Chinese court on Friday upheld a US$2.4 million fine for tax evasion against the country’s most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken artist.  Read more China’s population […]

China Current Events: July 19

US man tortured in Chinese custody: lawyer Police in southern China have tortured a Chinese-American businessman who is in custody suspected of leading an organised crime gang, his lawyer said on Wednesday.  Read more Average Chinese person’s carbon footprint now equals European’s The per capita emissions of the world’s largest national emitter is almost on […]

Current Events in China: May 18

Chinese woman tortures step-daughter to death A woman in China’s Shanxi province has been detained for allegedly torturing her seven-year-old step-daughter to death.   Read more Beijing to issue passport to blind activist within 15 days Blind activist Chen Guang-cheng said Thursday China had agreed to issue him a passport within 15 days, allowing him to […]

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    • China Climate Pledge Needs 1000 Nuclear Plant Effort - Bloomberg November 21, 2014
      BloombergChina Climate Pledge Needs 1000 Nuclear Plant EffortBloomberg“China, as one of the world's biggest energy consumers, must catch up as it lags behind other countries on energy security and energy supply diversification,” said Chen Kangping, chief executive officer of JinkoSolar Holding Co., China's third-largest ...China pollution spurs cle
    • China, in Surprise Move to Prop Up Economy, Cuts Interest Rates - New York Times November 21, 2014
      ReutersChina, in Surprise Move to Prop Up Economy, Cuts Interest RatesNew York TimesHONG KONG — The Chinese central bank on Friday announced a surprise cut to interest rates, the country's first in more than two years, in the clearest sign yet that policy makers are growing increasingly concerned over the pace of China's economic ...China surprises
    • China commits $45.6 billion for economic corridor with Pakistan - Reuters November 21, 2014
      ReutersChina commits $45.6 billion for economic corridor with PakistanReutersISLAMABAD (Reuters) - The Chinese government and banks will finance Chinese companies to build $45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years, according to new details of the deal seen by Reuters on Friday.China commits 29 billion pound
    • Shares soar as China cut rates, Draghi drives for QE - Reuters November 21, 2014
      ReutersShares soar as China cut rates, Draghi drives for QEReutersEuropean shares .FTEU3, oil LCOc1 and other growth sensitive commodities all leapt as China's move to cut rates to 5.6 percent gave markets a welcome lift after a week where data has shown its giant economy heading for its worst year in almost quarter ...Stocks surge as China central bank
    • Hong Kong-Shanghai Stock Connect Needs China Reforms - Wall Street Journal November 21, 2014
      Wall Street JournalHong Kong-Shanghai Stock Connect Needs China ReformsWall Street JournalYet China's “new economy” stocks, in sectors such as technology, health care and environment protection, are mostly listed in Shenzhen, which remains off limits. Beijing is expected to solve that problem with a new link connecting the Hong Kong and ...Last British
    • China Detains an American Who Assists North Koreans - New York Times November 21, 2014
      China Detains an American Who Assists North KoreansNew York TimesBEIJING — A Korean-American aid worker who lived in China on the border with North Korea for more than a decade has been detained by the Chinese authorities, his lawyer said Thursday. The aid worker, Peter Hahn, who is 73 and escaped from the North ...and more »
    • China Welcomes Foreign Internet Firms - Wall Street Journal November 21, 2014
      Wall Street JournalChina Welcomes Foreign Internet FirmsWall Street JournalHANGZHOU, China—Premier Li Keqiang on Thursday endorsed the commercial activities of a handful of Chinese Internet titans and foreign technology executives, providing a measure of support for an industry that has often faced an uneasy regulatory ...
    • In Step to Lower Carbon Emissions, China Will Place a Limit on Coal Use in 2020 - New York Times November 21, 2014
      New York TimesIn Step to Lower Carbon Emissions, China Will Place a Limit on Coal Use in 2020New York TimesWorkers starting their shift at the Tahsan coal mine in Shaanxi Province. China said it would cap coal consumption at 4.2 billion tons by 2020 and have coal be no more than 62 percent of the primary energy mix by that year. Credit Gilles Sabrie for The
    • Google Looks to Get Back Into China - Wall Street Journal November 21, 2014
      Wall Street JournalGoogle Looks to Get Back Into ChinaWall Street JournalIn recent months, Google representatives in Asia told makers of apps for its Android mobile-operating system that it hopes to unveil a new app store in China to help them distribute their apps and games more efficiently, according to two people briefed ...Developers In China Can Now Mak
    • The US government thinks China could take down the power grid - CNN November 20, 2014
      New York Daily NewsThe US government thinks China could take down the power gridCNNWashington (CNN) -- China and "probably one or two other" countries have the capacity to shut down the nation's power grid and other critical infrastructure through a cyber attack, the head of the National Security Agency told a Congressional panel ...China capa