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News and Current Events in the Nation of China

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  • Friday's ETF Movers: GXC, ILF
    In trading on Friday, the SPDR S&P China ETF (GXC) is outperforming other ETFs, up about 2.4% on the day. ...
    By Marketnewsvideo.  Forbes.  Fri, 22 May 2015 17:38:00 GMT.
  • China’s bank completes takeover of Tekstilbank
    The Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank, has completed a takeover of some 75.5 percent of the stakes in Turkey’s Tekstilbank.
    Hurriyet.  Fri, 22 May 2015 15:53:00 +0200.
  • US Professor Charged With Providing Sensitive Technology to China
    U.S. federal prosecutors have charged the chairman of Temple University's physics department in connection with an alleged scheme to provide sensitive technology to China. Xi Xiaoxing, a naturalized U.S. ...
    Voice of America.  Fri, 22 May 2015 11:44:01 -0400.
  • China Aims to Break Foreign Influence on Religion
    Chinese President Xi Jinping this week asked religious groups to pledge their loyalty to the state and warned that religions in China must be independent of foreign influence. ...
    Voice of America.  Fri, 22 May 2015 10:57:57 -0400.
  • Legal/Regulatory: Hong Kong and Mainland China to Partly Open Markets for Investment Funds
    On July 1, a trial mutual recognition program will allow funds registered in one jurisdiction to be marketed to individual investors in the other.
    Neil Gough.  International Herald Tribune.  Fri, 22 May 2015 10:31:57 GMT.
    Subscription may be required.
  • Chinese University Denies Its Professors Stole U.S. Trade Secrets
    Tianjin University, where three of six indicted scientists worked, defended its professors’ ethics and denied that it had benefited from any alleged theft.
    Dan Levin.  International Herald Tribune.  Fri, 22 May 2015 08:00:03 GMT.
    Subscription may be required.
  • Chinese Researchers Prototype 1,800 MPH Train
    Imagine if you could train it from San Francisco to New York faster than flying?
    Sylvie Barak.  Design News.  Fri, 22 May 2015 05:45:00 EDT.
  • Mexico compensates China rail firm
    Mexico will compensate China Railway Construction Corporation (CRCC) $1.31m (£835,953) for cancelling a $3.75bn high-speed rail contract.
    BBC News.  Fri, 22 May 2015 05:00:55 GMT.
  • Leafs coach Mike Babcock's high salary could pay off ... in China?
    Toronto Maple Leafs coach Mike Babcock's unprecedented salary is a sign the Leafs are playing a bigger game than just trying to win a Stanley Cup, one sports business expert says.
    Canadian Broadcasting Corporation.  Fri, 22 May 2015 05:00:00 EDT.
  • HP sells China unit stake for $2.3bn
    US tech giant Hewlett-Packard is selling a 51% stake in its Chinese server business for $2.3bn (£1.4bn) to Tsinghua Holdings.
    BBC News.  Fri, 22 May 2015 01:05:53 GMT.
China map, showing Beijing, the Chinese capital, and other Chinese cities

Facts About China

The People's Republic of China is a socialist state located in central and eastern Asia.  Its capital city is Beijing; other major Chinese cities include Shanghai, Tianjin, and Hong Kong.  China's national currency is the Renminbi Yuan, which equals 10 jiao or 100 fen.  In 2007, China's estimated population was 1,351,852,000.

For more news and information about China, visit this official Chinese government website.  For detailed maps of China, visit this China maps website.

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