China Current Events

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China Current Events: August 4

China jails Muslim Uyghurs on charges of inciting ‘holy war’ Courts in a restive region of west China with a large Muslim population have jailed 20 people for up to 15 years for using the Internet to incite separatism and “holy war,” state media said Thursday.  Read more China bans foreign remakes as it cracks […]

China Current Events: Aug 3

China ropes off Scarborough Shoal To cut or not to cut?  Chinese fishing vessels left Panatag Shoal (Scarborough Shoal) in the West Philippine Sea (South China Sea) but they roped off the mouth of its lagoon to prevent other fishermen from getting in, Defense Secretary Voltaire Gazmin said Thursday.  Read more China Non-Manufacturing Index Fell […]

China Current Events: July 25

Slowing economy sharply weakens China’s tax revenue growth The Chinese government collected much less tax in the first half of this year as the economy expanded at its slowest pace since the depth of the global financial crisis, according to data released by the Ministry of Finance (MOF) on Tuesday.  Read more China announces South […]

Current Events in China: July 24

Beijing rains kill 37, raise debates As China’s flood-ravaged capital dealt with the aftermath of the heaviest rain in six decades Monday, including the deaths of 37 people, questions were being raised about whether the city’s push for modernization came at the expense of basic infrastructure such as drainage networks.  Read more CNOOC to buy […]

Current Events in China: July 23

Ten die as record rainfall pounds Beijing The heaviest rain to hit Beijing in over 60 years left at least 10 people dead and forced more than 50,000 to evacuate, state media said Sunday.  Read more Island row escalates as China plans to set up military garrison China announced Sunday it will establish a military […]

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: July 17

More than 900,000 affected in Chinese rainstorms Torrential rain last week affected about 750,000 people in central China’s Hunan province, the provincial flood control and prevention headquarters said on Monday.  Read more Philippines warns China fishermen to stay away The Philippines on Monday warned a large Chinese fishing fleet in the Spratlys to stay clear […]

Current Events in China: July 14

China Data From Home to Investment Show Hope for Growth China’s weakest expansion in three years masked a surge in home sales and a jump in investment that show lower interest rates and banks’ reserve requirements may be starting to stabilize growth in the second-largest economy.  Read more U.S. indicts Iranian, Chinese for nuclear export […]

China Current Events: July 13

China’s new loans surge in June, raising inflation concerns China’s new yuan-denominated loans surged in June as the government moved to buoy the slowing economy, raising concerns that fast credit growth will push up inflation.  Read more ‘Mistress killer: the Chinese private eyes fighting the ‘moral bottom line’ The Shanghai ‘Mistress Killer’ speaks to Tom […]

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    • Weak demand hits China factory, services firms in March, more easing seen - Reuters April 1, 2015
      ReutersWeak demand hits China factory, services firms in March, more easing seenReutersThree separate surveys showed Chinese companies shed jobs last month as they struggled with soft demand and deflationary pressures, suggesting that economic growth may have slipped below 7 percent in the first quarter of 2015, which would be the ...Better looking PMIs beli
    • China building 'great wall of sand' - BBC News April 1, 2015
      BBC NewsChina building 'great wall of sand'BBC NewsChina's land reclamation is creating a "great wall of sand" in the South China Sea, a top US official says, leading to "serious questions" on its intentions. US Pacific Fleet Commander Admiral Harry Harris made the comments in a speech in Australia on ...US Navy: Beijing cr
    • Want to Reduce Inequality? Consult China, Vietnam and India - Wall Street Journal March 31, 2015
      Wall Street JournalWant to Reduce Inequality? Consult China, Vietnam and IndiaWall Street JournalIn 1979 China established a law for foreign joint ventures and in 1986 applied to rejoin the General Agreement on Tariffs and Trade. In 1988 the government began allowing large private firms to operate in the economy; even state-owned enterprises ...China ready t
    • Japan, Sticking With US, Says It Won't Join China-Led Bank - New York Times March 31, 2015
      NPR (blog)Japan, Sticking With US, Says It Won't Join China-Led BankNew York TimesTOKYO — Japanese leaders indicated on Tuesday that their nation would not become a founding member of a new Chinese-led Asian development bank but instead remain loyal to the United States, which has urged its allies to refrain from joining.Dozens Of Countries Join China-B
    • What Yemen's crisis reveals about China's growing global power - Washington Post (blog) March 31, 2015
      Wall Street JournalWhat Yemen's crisis reveals about China's growing global powerWashington Post (blog)On Tuesday, Xinhua news agency reported that more than 500 Chinese nationals who were evacuated from Yemen had arrived safely in the city of Djibouti. The evacuees had been picked up by a Chinese fleet Sunday and Monday, fleeing an increasingly ..
    • China to Begin Deposit Insurance in May - Wall Street Journal March 31, 2015
      Wall Street JournalChina to Begin Deposit Insurance in MayWall Street JournalBEIJING—By moving to insure bank deposits at home, China's leadership has its eyes abroad. China on Tuesday detailed a plan to launch a deposit-insurance system in May, a long-awaited move that is aimed at better disciplining its lenders and their ...China is about to make its
    • For China, three decades of one-child policy proves hard to undo - CNN March 31, 2015
      CNNFor China, three decades of one-child policy proves hard to undoCNNIt's perhaps the most hated policy in China. Now, under relaxed restrictions announced just over a year ago, couples like Yang Xue and Chang Zi'an, both professionals working in Beijing, are eligible for a second child to join their baby girl -- 11 ...and more »
    • U.S. allies rush to join China's new bank as deadline looms - Washington Times March 31, 2015
      Washington TimesU.S. allies rush to join China's new bank as deadline loomsWashington TimesU.S. Treasury Secretary Jacob Lew, left, shakes hands with Chinese Premier Li Keqiang before a meeting at the Great Hall of the People in Beijing, China, on Monday, March 30, 2015. Lew said he pressed Chinese leaders Monday over proposed ... more >.Treasury Sec
    • Rhodes Scholarships Expanding to Include Chinese Students - New York Times March 31, 2015
      New York TimesRhodes Scholarships Expanding to Include Chinese StudentsNew York TimesThe move into China, announced Monday, is the first step in what the program expects to be its biggest expansion since it made women eligible in the 1970s. It is meant to cultivate a more diverse crop of young people the program hopes will become ...Congratulations, China: Y
    • GM, Ford Make a Play for China's Luxury-Car Buyers - Wall Street Journal March 30, 2015
      Wall Street JournalGM, Ford Make a Play for China's Luxury-Car BuyersWall Street JournalDETROIT—The American premium sedan is going on a road trip. Destination? China. The two biggest U.S. auto makers will unveil new passenger cars at the New York International Auto Show later this week. While earmarked for sale in the U.S. and other ...and more »