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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    • Indian Leader Narendra Modi Wants Closer Ties With Japan to Counter China - Wall Street Journal September 1, 2014
      Indian ExpressIndian Leader Narendra Modi Wants Closer Ties With Japan to Counter ChinaWall Street JournalTOKYO—Indian Prime Minister Narendra Modi said Monday that India and Japan need to forge a closer strategic partnership to promote peace and prosperity in Asia and counter an expansionist mind-set, a veiled but clear reference to China, which is ...China
    • With eye on Japan, China plans Martyrs' Day - USA TODAY September 1, 2014
      USA TODAYWith eye on Japan, China plans Martyrs' DayUSA TODAYBEIJING — China has established a national day to commemorate the country's martyrs, state media said Monday, the latest of several recent steps by Beijing to intensify commemoration of its war-time fight against Japan, including orders that TV ...China publishes historical sites, heroes
    • Russia and China launch gas pipeline - BBC News September 1, 2014
      BBC NewsRussia and China launch gas pipelineBBC NewsRussia and China have begun the construction of a new gas pipeline linking the countries, with a ceremony in the Siberian city of Yakutsk. China's CNPC has agreed to buy $400bn (£240bn) of gas from Russia's Gazprom. Russia will ship 38 billion cubic ...Putin breaks ground on Russia-China gas pipel
    • China opposes proposed EU sanctions against Russia - Reuters September 1, 2014
      Voice of AmericaChina opposes proposed EU sanctions against RussiaReutersChina has adopted a cautious response to the crisis, not wanting either to alienate key ally Russia or comment directly on the referendum in which Crimea voted overwhelmingly to join Russia, lest it set a precedent for its own restive regions, like Tibet.China May Be Biggest Winner From
    • China's bad bank clean-up crew - Financial Times September 1, 2014
      ReutersChina's bad bank clean-up crewFinancial TimesThe prospect of the first ever default in China's rapidly expanding shadow banking sector sent shockwaves through financial markets this year. As word spread that a Rmb3bn trust product called “China Credit Equals Gold #1” was on the verge of ...China banks seek new lending horizons as bad debts r
    • Retreat in China's PMIs heightens calls for policy easing - Reuters September 1, 2014
      ReutersRetreat in China's PMIs heightens calls for policy easingReutersChina's economy has had a rocky spell this year. Growth sank to an 18-month low of 7.4 percent in the first quarter before edging up to 7.5 percent between April and June. Hopes that the mild rebound would gain traction were dashed last month when ...HSBC's China Manufactur
    • China Manufacturing Output Slows - Wall Street Journal September 1, 2014
      Wall Street JournalChina Manufacturing Output SlowsWall Street JournalBEIJING—China's economy faces further headwinds after two measures of factory output decelerated in August, adding pressure on Beijing to stimulate growth to meet the nation's annual target. The results disclosed Monday follow weaker investment, real ...and more »
    • Eating cockroaches in China: Healing and delicious? - CNN September 1, 2014
      CNNEating cockroaches in China: Healing and delicious?CNNJinan, China (CNN) -- I've eaten some unusual things on the road. There were salted Mopani worms in Botswana at the hotel buffet (black and squishy); sun-dried nsenene grasshoppers in Uganda (yellow and juicy); whole roasted goat in the desert in ...Edible cockroaches making Chinese farmers richSB
    • China Home Prices Fall for Fourth Straight Month - Wall Street Journal September 1, 2014
      Wall Street JournalChina Home Prices Fall for Fourth Straight MonthWall Street JournalAverage new home prices fell 0.6% in August from July, moderating from the 0.8% decline in July, data provider China Real Estate Index System said late Sunday. Average new home prices declined 0.5% in June and 0.3% in May. May's decline was the first ...Slump in China
    • China: No Open Nominations For Hong Kong Leader - Huffington Post August 31, 2014
      ForbesChina: No Open Nominations For Hong Kong LeaderHuffington PostBEIJING (AP) — China's legislature on Sunday ruled out allowing open nominations in the inaugural election for Hong Kong's leader, saying they would create a "chaotic society." Democracy activists in the Asian financial hub responded by saying that a ...China Data Falls A