Eye on China on Flipboard
By James Skywalker | Curated China News & Selected Stories
With investors nervously watching the Shanghai stock market, Chinese are the now biggest foreign buyers of American real estate, and they are setting their sights on the biggest state in the Lower 48.
Texas is seeing a huge influx of Chinese buyers, both investors and owner occupants, thanks to more …Real Estate
China's biggest online search engine Baidu missed analysts' expectations as profits took a hit from investment redirected elsewhere.
Its operating profit was $559m in the three months to 30 June, down 2.5% on the same period last year.
The company found its core search engine business less profitable …Investing
A provincial government’s campaign has torn down more than 1,200 crosses from churches in China since late 2013.
Christians from eastern China’s Zhejiang Province are making thousands of small crosses and painting them red, as a way to protest against the local government’s sometimes violent …Asia
With just days to go before the International Olympic Committee decides whether Almaty, Kazakhstan, or Beijing will host the 2022 Winter Olympics, human rights advocates are waging a vigorous campaign to dissuade the committee from choosing China, citing a widening crackdown on rights defense …Olympics
The Chinese government’s determined efforts to recreate a bull market in stocks—perhaps we should call it a mechanical bull?—are getting pretty bumpy, as the Shanghai Composite’s 8.5% drop today attests. If Beijing is hoping for ordinary investors to pile back in to the market, the cause might …Stocks
Asian coastguards are in the front line of the struggle to check China
EVERY ten or so days, and rarely at weekends, the Chinese coastguard arrives at …Asia
Beijing is struggling to rein in the self-preservation instincts of small investors
All that’s left to happen in China’s stock market is for government leaders to admit they are powerless to stop a selloff.
Monday’s panic selling was the latest example.
The Shanghai stock composite crashed by 8.5%, …Asia
This article was written in response to Wang Jisi’s “The ‘Two Orders’ and the Future of China-U.S. Relations.”
Wang Jisi is surely right that “the …Asia
China’s stock markets cratered again today, despite the government’s stimulus efforts. The Shanghai Composite Index fell by 8.5% and the Shenzhen A-shares index lost 7% of its value.
Over the past 10 years, today’s drop was the second-worst on record:
The fall comes after the government reported a …Asia
Setting up shop in China used to be easy; open a flagship store in Beijing or Shanghai, or a factory in Guangdong, see what works, and then roll out to another of the hundreds of cities connecting over a billion people beyond.
But fundamental changes in China’s economy—both planned and …Asia
A man attempted to set a fire on board a Chinese flight early on Sunday, but was restrained by passengers and crew and taken into custody, the aviation authority said.
It was the latest in a rash of dangerous incidents aboard Chinese flights, including passengers opening emergency exits and fights …Asia
An elderly man exercises in the morning as he faces chimneys emitting smoke behind buildings across the Songhua river in Jilin, Jilin province, …Asia
Myanmar’s jailing of scores of Chinese allegedly caught illegally logging is deepening a rift between Beijing and Yangon, and highlighting the stress on the country’s forests from China’s demand for wood. As WSJ’s Te-Ping Chen reports:
This week, a court in Myitkyina, the capital of the Kachin …Asia
The redeployment of a Chinese oil rig in the South China Sea (SCS) shows an inconsistency in the rhetoric and practice of China’s policy in the …Asia
EL CHACO, Ecuador — Where the Andean foothills dip into the Amazon jungle, nearly 1,000 Chinese engineers and workers have been pouring concrete for a dam and a 15-mile underground tunnel. The $2.2 billion project will feed river water to eight giant Chinese turbines designed to produce enough …Asia
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. …Asia
The Chinese Navy just deployed the world’s biggest hovercraft for an assault drill on Hainan Island.Asia
Thirty-five years after enacting draconian birth control rules blamed for millions of forced abortions and the creation of a demographic “timebomb”, China could be on the verge of introducing a two-child policy. The new regulation, under which all Chinese couples would be allowed to have two …Asia
A court in northern Myanmar has sentenced 153 Chinese nationals to life in prison for illegal logging.
The group were arrested in January in Kachin state, close to the Chinese border, during a military operation to crack down on illegal logging.
Two 17-year-old boys were also given 10-year jail …Asia
In the year since June 2014, around 23 trillion yuan ($3.7 trillion) suddenly appeared in the Chinese stock markets. And then, even more quickly than they gushed in, trillions of those yuan simply evaporated.
But where did those trillions of yuan come from? Not from corporate earnings; sagging sales …Asia
It is still possible to limit average global temperature rise to two degrees Celsius (2˚C) and avoid catastrophic climate change, but the remaining …Asia
There’s one really big problem with China’s 1.3 billion customers: They don’t spend enough. Even as China’s economy has soared, the share of output coming from consumption has nosedived. Over the last decade or so, that’s sapped many trillions of dollars from the global economy.
It has also left …Asia
China’s state-owned enterprises enjoy massive government financial support, but many still face tough economic challenges.
Take a look at the number of Chinese companies on this year’s Fortune Global 500 list and it’s hard not to come away impressed—even a bit intimidated. Ninety-eight companies are …China
Move aside, Ordos. China has a new ground zero for overbuilding.
The northeastern Chinese city of Shenyang recently ranked last on a list of 36 major cities in terms of investment and development prospects, weighed down by sluggish economic growth and oversupply of buildings. The list was drawn from …Asia
Admiral Kawano sees a worrying future as Beijing seeks to expand its regional reach.Asia
One of the country's leading experts admits this should be on Beijing’s ‘should not do’ list.Asia
China has described Japan’s annual defence review as misleading and malicious, saying it overplayed the “China military threat” and stoked tensions between the two east Asian powers.
Beijing said it reserved the right to a “necessary reaction” after Japan issued a review that called on China to stop …China
Andrew G. Walder is a sociologist at Stanford University who has written extensively on the Cultural Revolution and life in Maoist China. His latest book, “China Under Mao: A Revolution Derailed,” published this year by Harvard University Press, incorporates the latest scholarship on this …Asia
China’s central bank and finance ministry will inject billions of dollars into the country’s policy banks, Caixin reported on Tuesday without specifying the source of its information.
The People’s Bank of China will inject $45-billion into the Export-Import Bank of China (EXIM) and the finance …Asia