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's Anta challenges Nike - Financial Times February 8, 2016
      Financial TimesChina's Anta challenges NikeFinancial TimesChina has been on a buying spree of late, and not just for Swiss agribusiness giant Syngenta. ChemChina's acquisition has been forced to share the headlines with a remarkable shopping binge by China's top football clubs, with interesting implications ...Revealed: How one man's obse
    • Forget China? India reports higher GDP - CNBC February 8, 2016
      CNBCForget China? India reports higher GDPCNBCMove over, China. On Monday, India, the world's third largest economy, announced it expanded by 7.3 percent in the last quarter, making it one of the world's fastest growing economies. This gives investors another reason to stay bullish on India as ...India outpaces China in 2015 economic growthBBC News
    • A Less Bombastic View On China Emerging - Forbes February 8, 2016
      ForbesA Less Bombastic View On China EmergingForbesLooking for China believers. Anybody out there? In September, the U.K. Chancellor of the Exchequer George Osborne said he wanted to strengthen ties with China, including a possible stock-exchange link. MSCI is back to reconsidering the A-shares for its ...China seeks to calm fears, but growth concerns persis
    • Chinese Who Violated One-Child Policy Remain Wary of Relaxed Rules - New York Times February 8, 2016
      New York TimesChinese Who Violated One-Child Policy Remain Wary of Relaxed RulesNew York TimesHe was born outside the one-child limit China set for most urban couples, and lacked a hukou, the crucial household registration document all citizens need to attend state schools, receive health care, get married, open a bank account, or even buy ...
    • Why does China continue to protect North Korea? It has a lot less to do with communism than you'd think - The Independent February 8, 2016
      The IndependentWhy does China continue to protect North Korea? It has a lot less to do with communism than you'd thinkThe IndependentOne reason that China and North Korea are so close is because of their shared revolutionary history and their joint struggle against the Americans during the Korean War. Perhaps 250,000 North Koreans and 100,000 Chinese we
    • The smell of success? $115 bottles of British air sold to Chinese buyers - CNN International February 8, 2016
      CNN InternationalThe smell of success? $115 bottles of British air sold to Chinese buyersCNN InternationalDe Watts says the 580 ml (about 20 oz) glass jars have been flying out the door, many headed for pollution-plagued Chinese cities such as Beijing and Shanghai. Since launching late last year, his air farming company Aethaer has sold hundreds of ...and mo
    • Traditional Red Envelopes Are Going Digital Thanks To China's Largest Internet Companies - TechCrunch February 8, 2016
      TechCrunchTraditional Red Envelopes Are Going Digital Thanks To China's Largest Internet CompaniesTechCrunchGetting a fat hongbao, or red envelope, stuffed with crisp new notes is one of the hallmarks of Chinese New Year, which starts today and runs for two weeks. As China's tech companies build their financial services, they want to convince peopl
    • 5 Things to Know About the Chinese New Year - TIME February 8, 2016
      TIME5 Things to Know About the Chinese New YearTIMEMonday marks the first day of the Chinese Lunar New Year, China's biggest and most ceremonious holiday. Though China officially operates on the international Gregorian calendar, the traditional lunisolar calendar maintains ceremonial significance, and ...Chinese New Year traditions: a brief guideVoxA co
    • China's foreign currency stockpile fell nearly $100 billion last month - CNNMoney February 8, 2016
      CNNMoneyChina's foreign currency stockpile fell nearly $100 billion last monthCNNMoneyThe $3.23 trillion China has left "still represents a substantial war chest," said Rajiv Biswas, chief Asia-Pacific economist at IHS Global Insight. But he warned that "the mathematics around this rapid pace of depletion of FX reserves in recent months .
    • China Struggles for Balance in Response to North Korea's Boldness - New York Times February 7, 2016
      New York TimesChina Struggles for Balance in Response to North Korea's BoldnessNew York TimesBEIJING — When the veteran Chinese diplomat Wu Dawei left for North Korea last week, he probably knew he had been dispatched on mission impossible: to persuade the country's young leader, Kim Jong-un, to climb down from his threat to launch a rocket ...Only