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 [...]
China Current Events: July 21
Chinese court upholds Ai Weiwei’s US$2.4 mil. tax fine A Chinese court on Friday upheld a US$2.4 million fine for tax evasion against the country’s most famous dissident, Ai Weiwei, after barring him from attending the hearing, in a case that critics accuse Beijing of using to muzzle the outspoken artist. Read more China’s population [...]
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 7
China reacts calmly to US after WTO auto complaint China on Friday urged the United States to ensure trade disputes did not harm overall economic ties, after Washington filed a WTO complaint over Chinese duties on imported American cars. Read more In U.S.-China Car Clash, Obama Should Drive Harder President Obama is right to blast [...]
Current Events in China: July 4
China rushes surveillance ships to islands claimed by Vietnam Amid rising tensions between China and its neighbours over the disputed territories in the South China Sea, Beijing today sent four surveillance ships to the area also claimed by Vietnam after spotting a foreign fishing vessel there. Read more China protest against alloy plant enters third [...]
China Current Events: June 30
Plane hijacking foiled in restive western China Passengers and crew foiled a hijacking attempt by six people on a plane in China’s restive far-western Xinjiang region Friday, a regional airline and state media said. Read more Shanghai ‘face-eater’ tries to chew off woman’s face According to local Chinese press, an intoxicated bus driver in Wenzhou [...]
China Current Events: June 23
China manufacturing hits 7-month low: HSBC Chinese manufacturing activity hit a seven-month low in June, data from HSBC showed Thursday, putting pressure on Beijing to do more to boost the world’s second-largest economy. Read more China behind N. Korea embargo breaches: UN A U.N. panel has found Chinese involvement in more than half of the [...]
China Current Events: June 19
Chinese spacecraft docks with module A Chinese spacecraft carrying three astronauts docked with an orbiting module Monday, another first for the country as it strives to match American and Russian exploits in space. Read more Chinese bank ‘owner’ highlights audacious mainland fraud In a China awash with fake iPhones, pirated DVDs and knockoff Louis Vuitton [...]
Current Events in China: June 2
Exclusive: China arrests security official on suspicion of spying for U.S. A Chinese state security official has been arrested on suspicion of spying for the United States, sources said, a case both countries have kept quiet for several months as they strive to prevent a fresh crisis in relations. Read more U.S. to improve strategic [...]
Current Events in China: May 23
US military aircraft have fake parts from China: Senate report A report on counterfeit electronic parts published by the US Senate Armed Services Committee after a yearlong investigation uncovered about 1,800 cases of fake parts in US military aircraft, and more than 70% of 1 million suspect components can be traced back to China, reports [...]
keep looking »
China Current Events
- Australia to Boost Farm Exports 45% by 2025 to Help Feed China - Bloomberg May 25, 2013Australia to Boost Farm Exports 45% by 2025 to Help Feed ChinaBloombergAustralia will boost the value of agriculture and food-related exports 45 percent by 2025 to meet demand from China, the government said in a plan released today. “The rise of Asia is transforming the world,” Agriculture Minister Joe Ludwig said. “By ...and more » […]
- China Bluntly Tells North Korea to Enter Nuclear Talks - New York Times May 25, 2013CBS NewsChina Bluntly Tells North Korea to Enter Nuclear TalksNew York TimesPublished: May 24, 2013. BEIJING — The Chinese leader, Xi Jinping, bluntly told a North Korean envoy on Friday that his country should return to diplomatic talks intended to rid it of its nuclear weapons, according to a state-run Chinese news agency.Report: China calls on North Korea […]
- China's Consumers Fight Back, Explore Options - Wall Street Journal May 24, 2013Wall Street JournalChina's Consumers Fight Back, Explore OptionsWall Street JournalChinese households are signaling impatience with government controls that cut against their interests. They have started to win important victories, not just finding ways around artificially low fare levels that reduce the number of taxis on Beijing's ...and more » […]
- Asia's Week: China Still on (Economic) Flu Watch - Forbes May 24, 2013Asia's Week: China Still on (Economic) Flu WatchForbesWhile Asia basked another week in generally favorable economic winds–minus that little 7% stock squall in Japan in Thursday, whatever that was about–there remained an undercurrent of worry about China. A contraction in factory work there in May, at ... […]
- China seals first free-trade deal with Switzerland - BBC News May 24, 2013The AtlanticChina seals first free-trade deal with SwitzerlandBBC NewsChina has signed the framework of a free-trade agreement with Switzerland, which could become Beijing's first such deal with a major Western economy. The signing ceremony took place during an official visit by Chinese Premier Li Keqiang to Switzerland.How Well Do China and India Know […]
- US audit regulator reaches deal with China on document access - Reuters May 24, 2013BloombergUS audit regulator reaches deal with China on document accessReutersIt applies only to enforcement cases against auditors, not against China-based companies suspected of accounting fraud. And it does not allow U.S. regulators to do on-the-ground inspections of auditors in China - a key part of efforts to combat fraud.Expending some goodwillThe Econo […]
- China Considers Luxury Tax - Forbes May 24, 2013The AtlanticChina Considers Luxury TaxForbesThe Chinese government might make Prada Prada shoes and Ferraris more expensive, but that's unlikely to stop spendthrifts from buying them. Luxury products have become an important niche in the booming China consumer story. And as part of the ...Urbanization Is Making China Wealthy— But Is It Sustainable?The A […]
- China Sentiment Indicator Flops - Forbes May 24, 2013BloombergChina Sentiment Indicator FlopsForbesChina continues to disappoint. Following HSBC Flash PMI going below 50, and below consensus, on Friday one of the big business surveys on China says sentiment in the C-suite is souring. The MNI China flash business sentiment indicator fell to 57.1 in ...China factory activity contracts in MayCNNMoneyChina factory […]
- The US-China Showdown Over Cyber Attacks Heats Up - Businessweek May 24, 2013New York TimesThe US-China Showdown Over Cyber Attacks Heats UpBusinessweekCyber espionage has become an even more fractious issue following the May 6 release of a Pentagon report to Congress that for the first time officially links the Chinese government to widespread hacking directed at the U.S. “China is using its computer ...Hackers Find China Is Land of […]
- North Korea's Kim signals he's willing to talk in letter to China's Xi - Los Angeles Times May 24, 2013North Korea's Kim signals he's willing to talk in letter to China's XiLos Angeles TimesThe meeting is likely to disappoint the White House. Xi is scheduled to meet with President Obama next month in California, and there had been hopes that China and the United States could jointly come up with a more decisive strategy to rein in North ... […]