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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    • China marks Japan WWII defeat, shows rising power in parade - USA TODAY September 3, 2015
      USA TODAYChina marks Japan WWII defeat, shows rising power in paradeUSA TODAYBEIJING — Chinese President Xi Jinping hailed his nation as major world power and force for peace Thursday as he presided over a massive military parade marking the 70th anniversary of Japan's surrender in World War II. Speaking from atop the Gate of ...China military parade co
    • China's Economic Slowdown: We May Have Seen Peak Coal - Forbes September 3, 2015
      ForbesChina's Economic Slowdown: We May Have Seen Peak CoalForbesA cyclist resorts to wearing a mask in Beijing covered by heavy smog on Jun. 23. China's cities are often hit by heavy pollution, blamed on coal burning by power stations and industry, as well as vehicle use. The issue has become a major source of ...and more »
    • Jack Lew: We're going to hold China accountable - CNBC September 3, 2015
      CNBCJack Lew: We're going to hold China accountableCNBCTreasury Secretary Jack Lew, in an exclusive interview with CNBC, diplomatically but firmly criticized China's handling of its currency devaluation. He also said the recent trading turmoil isn't a major concern at this point, but "I keep my eye on the ...and more »
    • China poses threat to global growth, IMF warns - BBC News September 3, 2015
      BBC NewsChina poses threat to global growth, IMF warnsBBC NewsSlower growth in China and continuing stock market uncertainty pose a threat to global economic growth, the International Monetary Fund has warned. China's slowdown appears to have bigger repercussions for other countries than had been expected, the ...IMF Says China Slowdown, Other Risks Thr
    • China building two aircraft carriers: Taiwan defense ministry report - Yahoo News September 3, 2015
      China building two aircraft carriers: Taiwan defense ministry reportYahoo NewsTAIPEI (Reuters) - China is building two aircraft carriers that will be the same size as its sole carrier, a 60,000-tonne refurbished Soviet-era ship, according to a new Taiwanese Defence Ministry report on the capabilities of the People's Liberation ...and more »
    • China is buying about one-fifth of the world's Apple Watches - Quartz September 3, 2015
      China is buying about one-fifth of the world's Apple WatchesQuartzSince the device's release in May, research firm RedTech Advisors/TalkingData estimates that over 1 million of the watches have been sold in China. Sales for the three-month period ending in June topped out at over 626,000, which the company calculates ...and more »
    • Five ways India can benefit from China's slowdown - Quartz September 3, 2015
      The New YorkerFive ways India can benefit from China's slowdownQuartzWith the recent stock market crash, it is clear that China is in the middle of a crisis—and there is no easy way out. As the second largest economy in the world that primarily relies on global demand to drive its growth, China's slowdown will have ...China's Economic Slowdown
    • Witnessing Japan's surrender in China - BBC News September 3, 2015
      BBC NewsWitnessing Japan's surrender in ChinaBBC NewsIn September 1945, China's long and bloody war with Japan finally came to an end - millions had died and thousands of foreigners were held in internment camps. As Japan surrendered, my great-uncle was sent to Shanghai to find out what had happened to ...and more »
    • In a First, Chinese Navy Sails Off Alaska - New York Times September 3, 2015
      New York TimesIn a First, Chinese Navy Sails Off AlaskaNew York TimesThe Arctic has become hotly contested as the United States, Russia and China, among other nations, have expanded their economic and security interests. A growing number of vessels have been traveling north through the Bering Strait, and the Coast Guard ...Chinese ships spotted off Alaska co
    • The chart signalling another 50% drop for China - CNBC September 2, 2015
      CNBCThe chart signalling another 50% drop for ChinaCNBCThe frightening pace of declines in China's benchmark stock index is not over, according to several market analysts, with predictions that the market could half in value over the next six to nine months. The Shanghai Composite index - still in its ...Most Asia Stocks Rise, After U.S. Rally, With Chi