Latest China News
Known as the People's Republic of China under Communist rule for more than six decades, the Asian nation can be traced as far back as 221 B.C. In modern times, the world's most populous country represents a significant portion of the global economy and not always in a positive light. Exports from defective, rotting drywall to toxic toothpaste sparked outrage recently in the United States, whose debt is a major asset for the Chinese government. The country isn't just criticized for its labor practices; the government is often accused of violating human rights.
During the 2010 summer, China replaced Japan as the world's No. 2 economy as receding global growth sapped momentum and stunted a shaky recovery. China has emerged as an economic power that is changing everything from the global balance of military and financial power to how cars are designed. It is already the biggest exporter, auto buyer and steel producer, and its global influence is expanding.
China has been a major force behind the world's emergence from deep recession, delivering much-needed juice to the U.S., Japan and Europe. The country's growth has been spectacular, its voracious appetite fueling demand for resources, machinery and products from the developing world as well as rich economies like Japan and Australia.
But China's rise has produced glaring contradictions. The wealth gap between an elite who profited most from three decades of reform and its poor majority is so extreme that China has dozens of billionaires while average income for the rest of its 1.3 billion people is among the world's lowest with a per capita income of $3,600.
The world's largest carbon polluter, China pledged it would cut its carbon intensity -- emissions per unit of GDP -- by 40 to 45 percent by 2020 from the 2005 level. Nationwide efforts have also been made to reach the goal of improving energy efficiency by 20 percent from 2005 to 2010.
China's roadways are increasingly overburdened as the number of private vehicles booms along with commercial truck traffic hauling materials like coal and food to cities. Traffic slowdowns because of construction and accidents are common. In 2010, one traffic jam lasted for more than 10 days, an unusual length of time even for China.
Despite being North Korea's main ally and benefactor, China has backed U.N. resolutions punishing the isolated country for nuclear tests but issued only a muted response to the March 2010 sinking of a South Korean warship that an international investigation blamed on the North, which has denied the allegation.
On the Internet, Beijing encourages its use for education and business but tries to block access to material deemed subversive or pornographic, including websites abroad run by human rights and pro-democracy activists. The actions to keep China's citizens from finding politically sensitive information and images online have been dubbed the "Great Firewall."
With the world's biggest population of Web users at more than 384 million, China has a history of hacking. In 1999, Web surfers defaced U.S. government sites after the mistaken American bombing of Beijing's Belgrade embassy killed three Chinese. Nationalists have attacked Web sites in Japan and Taiwan, the self-ruled island claimed by Beijing as its own territory.
Intelligence experts say that since the 1970s, Beijing has carried on a quiet campaign to acquire foreign technology and other secrets by using Chinese businesspeople, students and scientists who travel abroad as part-time spies.
-
Play CBS Video Ask the Experts: Gas Prices -
Play CBS Video Evening News Online, 02.15.12 -
Play CBS Video Trade war brewing over Chinese solar panels -
Play CBS Video Iran claims more nuclear progress -
Play CBS Video Evening News Online, 02.14.12 -
Play CBS Video China's heir apparent to revisit old friends in Iowa -
Play CBS Video China's Xi Jinping's visit to White House draws protests -
Play CBS Video Obama welcomes China's Xi to White House -
Play CBS Video Starbucks opens ski-thru coffee shop
- China to get Disney films through YOU on Demand
China to get Disney films through YOU on Demand
Read Full Story » - China to get Disney films through YOU on Demand
China to get Disney films through YOU on Demand
Read Full Story » - Why Apple's labor practices may never improve
Tech companies have audited working conditions in their outsourced factories for years -- so why do problems persist?
Read Full Story » - SEC files fraud charges against 2 Chinese execs
SEC files fraud charges against 2 Chinese execs
Read Full Story » - SEC files fraud charges against 2 Chinese execs
SEC files fraud charges against 2 Chinese execs
Read Full Story » - Delta adds code-sharing with 2 Chinese airlines
Delta adds code-sharing with 2 Chinese airlines
Read Full Story » - Summary Box: Apple defends use of iPad name
Summary Box: Apple defends use of iPad name
Read Full Story » - Chinese security tightens as Tibet marks new year
Chinese security tightens as Tibet marks new year
Read Full Story » - Company sues Apple over iPad name in Shanghai
Company sues Apple over iPad name in Shanghai
Read Full Story » - Summary Box: China carmaker plant in Bulgaria
Summary Box: China carmaker plant in Bulgaria
Read Full Story » - Chinese carmaker opens plant in Bulgaria
Chinese carmaker opens plant in Bulgaria
Read Full Story » - Chinese carmaker opens plant in Bulgaria
Chinese carmaker opens plant in Bulgaria
Read Full Story » - Famous faces help boost animal rights in China
Famous faces help boost animal rights in China
Read Full Story » - Chinese leader visits Turkey, Uighurs protest
Chinese leader visits Turkey, Uighurs protest
Read Full Story » - Co. suing Apple over iPad name says open to talks
Co. suing Apple over iPad name says open to talks
Read Full Story » - China starts research to beef up nuclear safety
China starts research to beef up nuclear safety
Read Full Story » - Blast at steel plant in NE China kills at least 10
Blast at steel plant in NE China kills at least 10
Read Full Story » - Wal-Mart takes controlling stake of Chinese site
Wal-Mart takes controlling stake of Chinese site
Read Full Story » - Chinese court: Shops should pull iPads
Chinese company claims it owns the iPad name
Read Full Story » - Chinese court rules shops should pull iPads
Chinese court rules shops should pull iPads
Read Full Story » - China's unofficial lending falters, savers protest
China's unofficial lending falters, savers protest
Read Full Story » - Report: Tibet monk self-immolates in China's west
Report: Tibet monk self-immolates in China's west
Read Full Story »
Inside a Panda Sanctuary CBS News Correspondent Celia Hatton Visits the Chengdu Panda Reserve and Breeding Center in Sichuan, China
View Gallery
Floods, Landslide in China Death Toll Grows From Nation's Worst Flood Season in a Decade
View Gallery
Pipeline Explosion in China Firefighters Wage 15-Hour Battle Against 100-Foot Flames in Port City
View Gallery
China Earthquake A Series of Strong Earthquakes Struck China's Western Qinghai Province, Killing Hundreds, Injuring Thousands and Burying Many Others Under Rubble
View Gallery
President Obama Tours the Great Wall of China
View Gallery
President Obama Visits China The President Makes His First Trip to China During an Eight-Day Trip Through Asia
View Gallery
China Marks 60th Anniversary Communist China Celebrates 60 Years with Parades and Fireworks
View Gallery
Tiananmen, 20 Years Later A Vigil In Hong Kong And Tightened Security In Beijing Mark The Anniversary Of The Military Attack On Students
View Gallery

