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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    • Shares gain on US tech earnings, ECB purchase plans - Reuters October 21, 2014
      ReutersShares gain on US tech earnings, ECB purchase plansReutersOfficial data showing China's gross domestic product grew 7.3 percent in the third quarter from a year earlier, marking the weakest growth since the first quarter of 2009, weighed on Chinese shares and stoked concerns over global economic growth.Europe, U.S. Stocks Climb on Earnings, ECB S
    • Mixed Economic Signals From China - New York Times October 21, 2014
      New York TimesMixed Economic Signals From ChinaNew York TimesLi Keqiang, China's prime minister, boasted in a speech at a World Economic Forum meeting last month that nearly 10 million urban jobs had been created in the first eight months of the year, up slightly from a year ago. As a result, he said, he would ...China's growth slowest since global
    • Tough US rivalries, China food scandal pound McDonald's - Reuters October 21, 2014
      ReutersTough US rivalries, China food scandal pound McDonald'sReuters(Reuters) - McDonald's Corp's (MCD.N) - which has not given investors many reasons to sing the fast-food chain's "I'm lovin' it" jingle - on Tuesday said quarterly profit dropped by nearly one-third and warned that global restaurant sales will fall ..
    • Top bid to build new MBTA subway cars is from China - Boston Globe October 21, 2014
      Boston GlobeTop bid to build new MBTA subway cars is from ChinaBoston GlobeThe Massachusetts Department of Transportation board of directors is scheduled to vote Wednesday on the contract for CNR MA Corporation, which is a venture of China CNR Corporation Limited and CNR Changchun Railway Vehicles Co., according to the ...and more »
    • China Growth Seen Slowing Sharply Over Decade - Wall Street Journal October 21, 2014
      China Growth Seen Slowing Sharply Over DecadeWall Street JournalBEIJING—China's growth will slow sharply during the coming decade to 3.9% as its productivity nose dives and the country's leaders fail to push through tough measures to remake the economy, according to a report expected to come out Monday. Such an ...
    • China-backed hackers may have infiltrated Apple's iCloud: blog - Reuters October 21, 2014
      ReutersChina-backed hackers may have infiltrated Apple's iCloud: blogReutersBOSTON/BEIJING (Reuters) - Apple Inc's (AAPL.O) iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the ...China denies back
    • Australia set to help China seize assets of corrupt Chinese officials: reports - Reuters October 21, 2014
      BBC NewsAustralia set to help China seize assets of corrupt Chinese officials: reportsReutersThe priority list agreed between China's Ministry of Public Security and the AFP was culled from a broader list of "less than a hundred people", Hill told the paper, adding that the assets China was pursuing in Australia were in the "many hundreds
    • Presumed Guilty in China's War on Corruption, Targets Suffer Abuses - New York Times October 20, 2014
      New York TimesPresumed Guilty in China's War on Corruption, Targets Suffer AbusesNew York TimesBEIJING — He was starved, pummeled and interrogated for days on end in an ice-cold room where sleeping, sitting or even leaning against a wall were forbidden. One beating left Wang Guanglong, a midlevel official from China's Fujian Province, partly ...and
    • China Versus America - New York Times October 20, 2014
      China Versus AmericaNew York TimesSINGAPORE — Let us take it as a given that the post-1945 world order with the United States as dominant nation has begun to unravel, that China is rising to inherit the earth, that the unease of our times has much to do with that difficult transition ...
    • UN Group Urges China's Wealthy to Fight Ebola - Wall Street Journal October 20, 2014
      Wall Street JournalUN Group Urges China's Wealthy to Fight EbolaWall Street JournalBEIJING-Chinese corporations and wealthy individuals aren't contributing enough to help fight the spread of Ebola in West Africa, despite the nation's deep ties to the impacted region, according to the United Nations World Food Programme's China ...China Wo