China

China

State in east Asia

China has influenced the course of international development for thousands of years. With more than 1.35 billion people, China accounts for roughly 20 percent of the total world population. After decades of rapid economic growth, China overtook Japan to become the world's second largest economy in 2010.

China's international expansion, growing domestic market, raw material requirements, role as the world's factory, and related environmental issues have far-reaching implications for people and development around the world.

China stands at the head of the economic class of the original BRIC countries, which also include Brazil, Russia and India. After sustaining decades of annual GDP growth exceeding 10 percent, China overtook Japan in 2010 to become the world's second largest economy behind the U.S.

China's rapid economic growth and development is accompanied by the dramatic rise and growth of so-called mega-cities. People across China and other developing countries flock to cities in search of greater opportunity and higher living standards. The fruits of their labors and the economic advantages of cities' financial, human and social capital help fuel development and urbanization.

China's history is the world's history in many respects. With nearly 4,000 years of continuous history and culture, China is one of the world's oldest civilizations. China has been the world's greatest power for all but several hundred of the last two thousand years. Ancient China is credited with four of the world's great inventions: paper, printing, gunpowder and the compass.

Timeline

January 28, 2020

The Gates Foundation spends $10 million to fight the coronavirus outbreak in China and Africa.

December 27, 2019

China successfully launches its largest carrier rocket, The Long March-5 rocket, from Wenchang space launch center in south China's Hainan Province.

September 23, 2019

China's top climate officials Brown and Xie Zhenhua announces a new university partnership focussing on climate research and policy.

July 31, 2019

Beijing-based startup iSpace plans to launch up to eight commercial rocket next year, after becoming China's first privately funded firm to put a satellite into orbit.

July 25, 2019

National Geographic announces New Natural History Special 'The Hidden Kingdoms of China'

Nat Geo and Nat Geo WILD announced today the new two-hour wildlife special The Hidden Kingdoms of China, which premieres this winter in 172 countries and 43 languages.

July 10, 2019

Mission Bio launches in China and announces distribution partnership with Novogene.

Mission Bio, the pioneer in targeted single-cell DNA analysis and precision genomics, today announced that it has launched sales in China through a distribution agreement with Novogene, a leading provider of genomic services and solutions globally.

May 6, 2019

China's central bank announces it will cut the reserve requirement ratio (RRR) for small- and medium-sized banks, freeing up around RMB 280 billion (around $41.4 billion) for loans to the country's startup companies and private businesses.

December 30, 2018

China launches The Chang'e-4 from Xichang.

December 27, 2018

China reaches far side of the moon, landing a vehicle at 10:26 a.m. Beijing time at its target for the first time in history.

November 2018

Authorities present artist Ai Weiwei with $2.3m tax demand, which is paid by donations from his supporters.

2018

China's online home improvement market reaches RMB 418.54 billion, a 34.9% year-on-year increase.

September 15, 2016

China launches Tiangong-2 on September 15, 2016, after Tiangong-1, its first manned space lab.

2015

People's Bank of China announces it would continue to push for full convertibility of the renminbi, after the currency was accepted as part of the IMF's special drawing rights basket.

2011

China formally overtakes Japan to become the world's second-largest economy after Tokyo published figures showing a Japanese GDP rise of only four per cent in 2010.

June 2010

From mid-2005 to late 2008, the renminbi (RMB) appreciated more than 20% against the US dollar, but the exchange rate remained virtually pegged to the dollar from the onset of the global financial crisis until June 2010, when Beijing announced it would resume a gradual appreciation.

February 2009

Russia and China sign $25bn deal to supply China with oil for next 20 years in exchange for loans.

November 2008

The government announces a $586bn (£370bn) stimulus package to avoid the economy slowing.

2007

China launches its first moon orbiter.

2004

Amazon brings its way into China in 2004 with a takeover of Joyo.com, a popular online seller of books, for about $75 million.

June 2001

Leaders of China, Russia and four Central Asian states launch the Shanghai Cooperation Organisation (SCO) and sign an agreement to fight ethnic and religious militancy while promoting trade and investment.

1979

Communist Party leadership announces plans to relax one-child policy, in force since 1979.

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News

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Harshith Aranya
May 29, 2020
IN
Gold traded flat on Friday as investors stayed away from taking big positions while awaiting the U.S. response to China's passage of a national security law for Hong Kong.
May 29, 2020
The Economic Times
Nifty futures on the Singapore Exchange traded 5 points, or 0.05 per cent lower at 9,421 in signs that Dalal Street was headed for a tepid start on Friday.
Yilei Sun
May 29, 2020
IN
Volkswagen AG (VW) said on Friday it has agreed to invest 2.1 billion euros ($2.33 billion) in two separate Chinese electric vehicle players, upping its bet on the world's biggest auto market as international rivals seek to muscle in.
BS Web Team & Agencies
May 29, 2020
@bsindia
Speaking with the reporters in the Oval Office of the White House on Thursday, Trump said a big conflict was going on between India and China
Samuel Shen
May 29, 2020
IN
China's plans to introduce real estate investment trusts (REITs) mark a crucial step to get private money to fund infrastructure such as toll roads and sewage systems, but authorities have their work cut out in creating a fully-fledged market.
The Canadian Press
May 28, 2020
CTVNews
Huawei Technologies Co.'s push to become a leading supplier of 5G technology in Canada appears to be in jeopardy after the Chinese tech giant's CFO suffered a legal setback in a B.C. court, prompting an angry response from Beijing.
BBC News
May 28, 2020
BBC News
The University of Portsmouth identified it as a tapejarid, a flying pterosaur from the Cretaceous period.
Luke Hawker
May 28, 2020
Express.co.uk
DOW JONES stocks have closed in negative territory on Thursday evening after it emerged US President Donald Trump will make an imminent statement on China.
Sarah Lewin Frasier
May 28, 2020
Scientific American
A daily quick take on science.
Gené Teare
May 28, 2020
Crunchbase News
To understand the impact of the pandemic on global venture funding, we took a look at comparative trends for the first four months of each year from 2016 through to 2020.
Reuters Editorial
May 28, 2020
U.S.
U.S. Senate Finance Committee Chairman Chuck Grassley on Thursday said he did not expect President Donald Trump to walk away from a Phase 1 trade deal with China despite concerns over Beijing's handling of the coronavirus pandemic.
May 28, 2020
Firstpost
Coronavirus Outbreak LIVE Updates: A junior assistant at the office of Delhi Lieutenant Governor Anil Baijal has tested positive for COVID-19, prompting authorities to conduct coronavirus tests on around 40 staff members, PTI reported. Watch LIVE News, Latest Updates, Live blog, Highlights and Live coverage online at firstpost.com.
Yingzhi Yang
May 28, 2020
U.S.
TikTok's poaching of Disney's Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power away from China at a time of rising global tensions, several people familiar with the plans said.
Sheila Dang
May 28, 2020
IN
Lysol is starring with celebrities and rock-bottom prices in the $8 trillion global travel industry's pitch to get people back on the road and in the air.
By Ian Randall For Mailonline
May 28, 2020
Mail Online
The petrified remains of the flying reptile - its jawbone - was spotted by a dog walker in Sandown Bay, on the island's south-east coast.
Adam Rogers
May 28, 2020
Wired
As public spaces reopen, scientists are racing to understand the mysterious and turbulent way the disease spreads through air--from person to person, and place to place.
Esther Landhuis
May 28, 2020
Scientific American
Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives.
Rajesh Bhayani & Amritha Pillay
May 28, 2020
@bsindia
In comparison PSU refiners were able to achieve 60%; RILs oil-to-chemical biz can shift quickly from fuel to chemicals, domestic to exports
Puneet Wadhwa
May 28, 2020
@bsindia
The common thread that runs through these estimates is the fact that the economy is headed towards a recessionary phase
Agencies
May 28, 2020
@bsindia
The new law permits for the first time Chinese security agencies to open their establishments in Hong Kong
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