12/25/2024 09:10:18 pm
12/25/2024 09:10:18 pm
Mars Woo | Dec 30, 2015 11:57 AM EST
China now has its first third-generation nuclear power company following the signing of a joint venture deal between the China General Nuclear Power Group (CGN) and China National Nuclear Corporation (CNNC). read more
Ryan General | Dec 31, 2015 11:00 AM EST
The Philippines on Wednesday announced that it would join the China-led Asian Infrastructure Investment Bank (AIIB) before the year-end deadline for founding members. read more
Ryan General | Dec 31, 2015 10:11 AM EST
The latest and largest shale gas project in the Sichuan Basin of southwest China is aiming for full operations in 2016 with a yearly production target of 5 billion cubic meters, according to Sinopec Group (China Petrochemical Corporation). The project aims to boost energy sources for the country amid higher global prices and demand for oil. read more
Charissa Echavez | Dec 29, 2015 07:39 AM EST
As China continues to battle with increasingly worsening levels of air pollution, two of the world's biggest firms are eyeing a window of business opportunity in the situation. Technology firms IBM and Microsoft are reportedly scrambling for the country's fast-growing market for smog forecasting devices. read more
Ryan General | Dec 30, 2015 04:55 AM EST
Chang Xiaobing, the chairman of China's largest state-owned mobile operator, China Unicom, is being investigated by for corruption by the Central Commission for Discipline Inspection (CCDI). The shares of China Unicom plummeted to HK$3.62 ($0.47) from HK$3.73 on Hong Kong's bourse after the news was made public. read more
Ryan General | Dec 29, 2015 09:24 AM EST
Chinese authorities have penalized several shipping companies for price fixing after a year-long investigation. Among the companies found guilty of violating China's 2008 anti-monopoly law are Kawasaki Kisen Kaisha and Eastern Car Liner, Japan's Mitsui OSK Lines, South Korea's Eukor Car Carriers, Chile's Cia Sud Americana de Vapores and Norway's Wallenius Wilhelmsen Logistics. read more
JB Cach | Dec 28, 2015 07:14 AM EST
Although the United States and Japan are leading in some areas of industry, both nations were topped by China in one area: the gaming industry. read more
Cybelle Go | Dec 27, 2015 10:19 PM EST
Avado, a brand managed by organic products company Natraganics, was registered by a former distributor in China without the knowledge of the real owner of the brand. read more
Charissa Echavez | Dec 27, 2015 07:25 AM EST
China will welcome 200 more international flights next year, a senior aviation official said on Thursday. This move is in line with the government's aim to increase flights with countries involved in China's Belt and Road Initiative. read more
Charissa Echavez | Dec 27, 2015 07:10 AM EST
China has began constructing what will be the third biggest hydropower station in the country and the seventh largest in the world. The project, which approximately costs over 100 billion yuan (USD 15.4 million), will be located on the upper reaches of the Yangtze River. read more
Anshu Shrivastava | Dec 26, 2015 08:33 AM EST
Alibaba, an online and mobile commerce company, is on an investment spree. The latest news is that the company has bought 27.7 percent stake in Ele.me, a Chinese food delivery services. read more
Mars Woo | Dec 26, 2015 04:15 AM EST
A total of 17 countries have stamped their seal of approval on Friday for the official establishment of the Asian Infrastructure Investment Bank (AIIB), a China-led initiative that seeks to further provide infrastructure funding in the Asian region. read more
Desiree Sison | Dec 24, 2015 12:40 PM EST
In return for China's cancellation of its $40 million debt, Zimbabwe has announced that it is planning to adopt China's legal currency, the yuan, as its legal tender. But it will only be used in trade between the two countries. read more
Ryan General | Dec 26, 2015 08:05 AM EST
After being missing for more than a month, Guotai Junan International Chief Executive Yim Fung is back at work and has re-envigorated the company with a significant surge in share prices. read more
Due to the coronavirus, people around the world have canceled their travel plans. Governments and health officials have warned the public to avoid boarding cruise ships and long flights. read more
