China Current Events

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Current Events in China: July 5

Chinese ships patrol disputed waterway A combat-ready Chinese patrol reached reefs and islands in the center of the Spratly archipelago on Tuesday and immediately began to assert China’s sovereignty over the disputed area in the West Philippine Sea (South China Sea).  Read more China’s controversial Three Gorges dam completed Final turbine of £38bn mega-dam, whose […]

China Current Events: April 19

The shabby Bournemouth ‘love nest’ where murdered British businessman met his powerful Chinese ‘mistress’ (and she’s now accused of killing him) This is the shabby seaside flat where a British businessmen murdered in China conducted an affair with the woman who is chief suspect in his death, it is claimed.  Read more Bo Guagua in […]

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    • Indonesia Banks On $63 Billion From China - Wall Street Journal April 2, 2015
      Wall Street JournalIndonesia Banks On $63 Billion From ChinaWall Street JournalJAKARTA, Indonesia—Indonesia has its eyes on more than $60 billion in possible investment and financing from China, raising the curtain on what President Joko Widodo hopes will be a new era in economic relations with the world's No. 2 economy.and more »
    • China Tries to Clean Up E-Commerce - Wall Street Journal April 2, 2015
      Wall Street JournalChina Tries to Clean Up E-CommerceWall Street JournalBEIJING—China is tightening control over the loosely regulated world of Chinese e-commerce, a booming sector that has created behemoths such as Alibaba Group Holding Ltd. but has also drawn criticism for not adequately policing fake and substandard ...and more »
    • Ackman Report on Herbalife in China Figures in Probe - Wall Street Journal April 1, 2015
      Wall Street JournalAckman Report on Herbalife in China Figures in ProbeWall Street JournalWhen billionaire investor William Ackman organized a widely publicized conference call a year ago, he said it would prove that Herbalife Ltd. was operating a pyramid scheme in China in violation of local laws. The March 2014 event was another jab in ...Herbalife stock p
    • Brazil's Petrobras Obtains $3.5 Billion in Financing From China Development Bank - Wall Street Journal April 1, 2015
      Wall Street JournalBrazil's Petrobras Obtains $3.5 Billion in Financing From China Development BankWall Street JournalRIO DE JANEIRO—Brazil's state-run Petroleo Brasileiro SA said on Wednesday it signed a $3.5 billion financing deal with the China Development Bank, highlighting the oil giant's deteriorating financial condition in the wake of a
    • US Navy alarmed at Beijing's 'Great Wall of sand' in South China Sea - Washington Post April 1, 2015
      Sydney Morning HeraldUS Navy alarmed at Beijing's 'Great Wall of sand' in South China SeaWashington PostBEIJING — China is building a “Great Wall of sand” through an unparalleled program of land reclamation in the South China Sea, raising concerns about the possibility of military confrontation in the disputed waters, according to the commande
    • China Reveals New Long-Range Bombers - Newsweek April 1, 2015
      NewsweekChina Reveals New Long-Range BombersNewsweekChina has released pictures of an unnamed “new-type of bomber”, along with an announcement that it has carried out its first military drills in the airspace above the Western Pacific Ocean. According to a statement on the Chinese Ministry of Defence ...China's Air Force Conducts Exercise Between Taiwan
    • China and Japan are at it again: This time, the fight is over cherry blossoms - Washington Post (blog) April 1, 2015
      China and Japan are at it again: This time, the fight is over cherry blossomsWashington Post (blog)Speaking to a major Chinese newspaper, He Zongru, executive chairman of the China Cherry Industry Association, dismissed claims that the tradition of cherry tree cultivation began in either Japan or what's now South Korea, and instead pointed to its ...and
    • Chinese flock to USA to give birth to US citizens - USA TODAY April 1, 2015
      USA TODAYChinese flock to USA to give birth to US citizensUSA TODAYAt least 500 companies offered "birth tourism" services in China last year, the Shanghai newspaper National Business Daily reported. While there are no official statistics, the number of Chinese citizens heading to the USA to give birth likely is in ...and more »
    • What Yemen's crisis reveals about China's growing global power - Washington Post (blog) April 1, 2015
      New York Times (blog)What Yemen's crisis reveals about China's growing global powerWashington Post (blog)On Tuesday, Xinhua news agency reported that more than 500 Chinese nationals who were evacuated from Yemen had arrived safely in the city of Djibouti. The evacuees had been picked up by a Chinese fleet Sunday and Monday, fleeing an increasingly 
    • Jack Lew: China's currency is not ready for prime time - CNNMoney April 1, 2015
      CNNMoneyJack Lew: China's currency is not ready for prime timeCNNMoneyU.S. Treasury Secretary Jack Lew said Tuesday that China's yuan is not yet ready to join an elite grouping of currencies used by the International Monetary Fund. China has expressed interest in having the yuan included in the IMF's Special Drawing ...U.S. allies rush to join