12/22/2024 01:44:39 pm
12/22/2024 01:44:39 pm
Girish Shetti | Dec 22, 2016 10:36 AM EST
Alibaba's popular e-commerce platform Taobao.com is back in the infamous list of U.S counterfeit goods, four years after it was removed from the backlist. This is likely to pose a serious challenge to Chinese e-commerce giant's ambitious plan to expand in the U.S market. read more
S. Rina | Dec 21, 2016 06:03 PM EST
China has granted a 50 billion yuan ($7.2 billion) investment quota to Ireland, which has been extended under China's Renminbi Qualified Foreign Institutional Investor (RQFII) scheme. The announcement was made by the People's Bank of China on Wednesday. read more
S. Rina | Dec 21, 2016 10:15 PM EST
The China Securities Regulatory Commission (CSRC) has initiated the investigation of Sealand Securities for alleged bond fraud. The brokerage firm is currently embroiled in controversy related to the country's debt market. read more
S. Rina | Dec 21, 2016 06:39 PM EST
According to a research report released by Goldman Sachs, the People's Bank of China (PBOC) liquidated $1.1 trillion worth of foreign currency reserves since August previous year. This amount more than doubles the $540 billion figure reported by the PBOC for the period between August 2015 and November 2016. read more
Theena Ocay | Dec 22, 2016 08:58 AM EST
A subsidiary of China's top train maker, CRRC Zhuzhou Locomotive Co. Ltd., signed a deal on Monday to supply three electric multiple units (EMUs) trains to Czech rail operator Leo Express, the first of such deal with an EU member. read more
Charissa Echavez | Dec 21, 2016 12:22 AM EST
AMC Entertainment, owned by China's richest man Wang Jianlin, won US regulatory approval on Tuesday for its proposed takeover of rival Carmike Cinemas for $1.12 billion after agreeing to sell off some of its theaters and other holdings. read more
Girish Shetti | Dec 20, 2016 07:10 PM EST
The Shanghai Intellectual Property Court has reportedly ordered two Chinese firms to financially compensate the German auto giant BMW in a trademark infringement case. read more
Steve M.C. | Dec 20, 2016 07:00 PM EST
A signed agreement between China's tourism body and six of six of its airlines will see a boost in the tourism sector between China and Australia come 2017. This is after a Tuesday meeting of the China-Australia Year of Tourism 2017 program in Sydney. read more
Phenny Lynn Palec | Dec 20, 2016 04:22 AM EST
Chrysler recently announced that the company has finally completed the construction of 100 Pacifica minivans that will join the Waymo fleet in 2017. Waymo is a former Google project that aims to develop and operate autonomous cars. read more
Charissa Echavez | Dec 19, 2016 08:21 AM EST
China's safety watchdog revealed that some of the imported brake pads used by global carmakers were faulty, according to a report by China Central Television on Sunday as cited by Reuters. read more
Girish Shetti | Dec 16, 2016 10:36 AM EST
One of China's most prominent selfie app developers, Meitu Inc, made its debut on the Hong Kong Stock Exchange (HK) on Thursday. The listing marked the biggest initial public offering in HK by a tech company since Alibaba's listing. read more
Charissa Echavez | Dec 15, 2016 10:44 PM EST
China could slap a penalty to unnamed US automakers for monopolistic behavior, a senior Chinese official warned on Wednesday in an interview with China Daily. read more
S. Rina | Dec 16, 2016 03:35 AM EST
GM China, which operates in the mainland through its joint venture with SAIC, is reportedly facing investigation for potential antitrust violations. 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
