China Current Events

Chinese News Site Updated Daily

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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    • China Said to Turn Reef Into Airstrip in Disputed Water - New York Times November 24, 2014
      Daily MailChina Said to Turn Reef Into Airstrip in Disputed WaterNew York TimesBEIJING — A major reclamation project by the Chinese government on a tiny reef 500 miles from the mainland would enable China to land military aircraft there, expanding its reach into the contested South China Sea, analysts have said. The analysts ...China building island large en
    • China's Surprise Rate Cut Signals Desperation, Bad News Ahead - Forbes November 24, 2014
      ReutersChina's Surprise Rate Cut Signals Desperation, Bad News AheadForbesIn a move taking virtually everyone by surprise, the People's Bank of China on Friday announced a cut in the one-year benchmark lending rate of 40 basis points, the first reduction in more than two years. The central bank also lowered the benchmark ...Exclusive: China ready t
    • In China Coal Hub, City Struggles to Survive Amid Economic Slowdown - Wall Street Journal November 24, 2014
      Wall Street JournalIn China Coal Hub, City Struggles to Survive Amid Economic SlowdownWall Street JournalJixi is among the slowest-growing cities in China's slowest-growing province. In 2013, its economy grew 0.9%, the lowest rate among China's 288 larger cities. In the first three quarters of 2014, it contracted 3.7% year-on-year, according to gov
    • Asia cheered by China, European stimulus - Reuters November 23, 2014
      ReutersAsia cheered by China, European stimulusReutersPedestrians with umbrellas walk past an electronic board showing Japan's Nikkei average (top middle L) and the exchange rates between the Japanese yen and the U.S. dollar (top middle R), outside a brokerage in Tokyo November 11, 2014.Asia stocks jump as China, Europe step up stimulusReuters UKMarkets
    • U.S.-China Climate Agreement Won't Slow Warming Enough, World Bank Says - Bloomberg November 23, 2014
      BloombergU.S.-China Climate Agreement Won't Slow Warming Enough, World Bank SaysBloombergAn agreement between the U.S. and China to curb greenhouse-gas emissions won't slow global warming enough to prevent extreme weather that damages crops, World Bank Group President Jim Yong Kim said. President Barack Obama committed the U.S. ...and more »
    • Loan 'Guarantee Chains' in China Prove Flimsy - Wall Street Journal November 23, 2014
      Wall Street JournalLoan 'Guarantee Chains' in China Prove FlimsyWall Street JournalWith China's economic growth flagging, businesses such as Xueyuan are foundering. And these chains of guarantees, in which companies back loans to other firms, are causing pain for the wider Chinese economy. The central bank cut benchmark lending ...and more »
    • 5.9-magnitude earthquake kills at least 5, injures dozens in western China - Fox News November 23, 2014
      Fox News5.9-magnitude earthquake kills at least 5, injures dozens in western ChinaFox NewsWestern China is regularly hit by earthquakes, and reports said Saturday's quake could be felt in the Sichuan provincial capital of Chengdu on the plains below the Himalayan foothills. Sichuan was struck by a magnitude-7.9 quake in May 2008 that left ...Strong Quak
    • Hey, America! China Has a Stealth Fighter Too -- And It's for Sale - Motley Fool November 23, 2014
      Motley FoolHey, America! China Has a Stealth Fighter Too -- And It's for SaleMotley FoolAt last week's Airshow China in Zhuhai, Chinese officials unveiled the nation's newest fighter jet: the Shenyang J-31 Falcon Eagle. Built by Shenyang Aircraft, a subsidiary of state-owned Aviation Industry Corporation of China, the J-31 is the latest ...Pak
    • Google Looks to Get Back Into China - Wall Street Journal November 22, 2014
      Wall Street JournalGoogle Looks to Get Back Into ChinaWall Street JournalGoogle Inc. is considering bringing a version of its Play mobile-app store to China, a tentative but important step back into a country that Google mostly exited in 2010. In recent months, Google representatives in Asia told makers of apps for its ...Developers In China Can Now Make Mon
    • 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 »