Golden
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.

People

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Companies

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News

Title
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Date
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Description
John Revill
February 27, 2020
IN
LafargeHolcim expects to shake off a "massive slowdown" in China caused by the coronavirus with a rebound in Chinese demand later in the year and strong sales in other regions, the world's largest cement maker said on Thursday.
February 27, 2020
The Economic Times
Last month, the government had banned exports of all kinds of personal protection equipment including N-95 masks and masks used to protect people from air-borne particles amid the Covid-19 outbreak in China.
Kenneth Chang
February 26, 2020
news.google.com
The Chang'e-4 mission, the first to land on the lunar far side, is demonstrating the promise and peril of using ground-penetrating radar in planetary science.
February 27, 2020
Gizmochina
Prior to launching the Realme X50 Pro 5G smartphone, the company had launched the Realme X50 5G smartphone in China last month. Along with the standard models, Realme had also unveiled Master Edition in two options -- Dots and Lines. While the Realme X50 5G Master Edition Dots has already been on sale, the company ...
Reuters Editorial
February 27, 2020
IN
Anheuser-Busch InBev ABI.BR, the world's largest beer maker, suffered a greater than expected fall in core profit in the fourth quarter last year and forecast muted growth in 2020 due in part to the coronavirus outbreak in China.
Reuters Editorial
February 27, 2020
U.S.
U.S. stock index futures tumbled on Thursday as the rapid spread of the coronavirus outside China raised fears of a pandemic and sent investors scurrying to the perceived safety of gold and bonds.
Press Trust of India
February 27, 2020
@bsindia
The military aircraft was sent to Wuhan on Wednesday and it carried 15 tonnes of medical supplies for coronavirus-affected people in China
Reuters Editorial
February 27, 2020
U.S.
A Spanish plant owned by Denso Corp and Fujitsu Ltd is prepared to halt some production of auto electronics components if necessary because of a shortage of parts from China due to the coronavirus outbreak.
February 26, 2020
Moneycontrol
The death toll on Wednesday climbed to 2,715 while the confirmed cases rose to 78,064, amidst strong signs of COVID-19 slowing down even at its epicentre Hubei and Wuhan, the NHC said.
VOA Learning English
February 26, 2020
VOA
Scientists are not yet able to say how deadly the new coronavirus really is. As the virus spreads around the world, the percentage of patients dying differs from one place to the next, even within China.
Samuel Shen
February 27, 2020
IN
A surge in small-cap Chinese stocks, fueled by government stimulus measures to support the virus-hit economy, is triggering fears of a repeat of the boom that preceded the 2015 market crash.
Press Trust of India
February 27, 2020
@bsindia
The C-17 Globemaster III transport aircraft was sent to Wuhan on Wednesday and it carried 15 tonnes of medical supplies for coronavirus-affected people in China
February 26, 2020
SciTechDaily
WHO Novel Coronavirus (COVID-19) Situation Report 37 Four new Member States (Algeria, Austria, Croatia, and Switzerland) reported cases of COVID-19 in the past 24 hours. Algeria is the first member state of the AFRO Region to report a case of COVID-19. For the first time, since the onset of
February 27, 2020
The Times of India
India News: BEIJING: A special Indian Air Force aircraft carrying 76 Indian nationals and 36 foreigners landed in Delhi on Thursday, rescuing people from coronavi.
Reuters Editorial
February 27, 2020
U.S.
CATL <300750.SZ>, China&#039;s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital.
February 26, 2020
News-Medical.net
A team of scientists at the Hong Kong University of Science and Technology (HKUST) has recently made an important discovery in identifying a set of potential vaccine targets for the SARS-CoV-2 coronavirus, providing crucial leads for guiding experimental efforts towards the vaccine development against the novel pneumonia (COVID-19) caused by the virus.
SI Reporter
February 27, 2020
@bsindia
Catch all the live market updates here
David Shepardson
February 27, 2020
U.S.
Delta Air Lines Inc said on Wednesday it would temporarily cut flights to and from South Korea, citing global health concerns related to the coronavirus outbreak as U.S. airlines grapple with lagging travel demand.
February 25, 2020
YouTube
Fears are growing that the coronavirus outbreak could become a pandemic as new cases are reported around the world. The virus, which emerged in China, has sp...
Karen Weise
February 26, 2020
www.nytimes.com
The tech giant said the virus was causing issues with its supply chain, about a week after Apple said it was facing similar problems.
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