Monday, January 11, 2016
China's stock market resumed its volatile plunges on Monday, as worries over the slowing economy and the government's ability to manage it sent traders fleeing, dealers said.
Thousands of protesters marched through central Hong Kong Sunday, demanding the release of five missing booksellers who are feared to have been detained by authorities in mainland China., 1 Comment
Sunday, January 10, 2016
The United States is "disturbed" by reports of the disappearance of five Hong Kong booksellers from the Chinese semi-autonomous city, a U.S. State Department spokesman said Friday.
Saturday, January 9, 2016
Bulldozers unexpectedly demolished part of a hospital and its adjoining morgue in central China, sending doctors, nurses and patients fleeing and burying under rubble six bodies being processed at the morgue, reports said Friday.
A gargantuan gold-painted statue of Communist China's founding father Mao Zedong has suddenly been demolished, apparently for lacking government approval, state media said Friday, days after images of it went viral.
Although China recently saw a plunge in its stocks amid a slowing economy, Justin Yifu Lin (林毅夫), former chief economist and senior vice president of the World Bank, said Thursday that he was still optimistic about China's economic growth in the coming years.
Chinese equities bounced on another day of volatility across Asia on Friday as investors were panicked by Beijing's attempts to stabilize its beleaguered markets, with growing fears the global economy could be teetering.
Friday, January 8, 2016
Mainland China halted stock trading Thursday, its second daylong trading suspension this week, after prices plunged in the latest spasm of investor panic on its volatile markets.
Mainland China's foreign exchange reserves saw their biggest ever monthly drop in December, falling to a three year low, official figures showed, as the central bank sells U.S. dollars to prop up its currency.
China will suspend "circuit breakers", the top securities regulator said, after the trading curbs were again triggered Thursday when share prices dropped more than seven percent, halting share trading early for the second time this week.