12/23/2024 04:53:32 am
12/23/2024 04:53:32 am
ALVIN MUNENE | Sep 12, 2016 11:42 AM EDT
Seven Chinese realtors, who were profiting from an online false rumor about impending restrictions for recently divorced couples, were arrested last Friday. China's Ministry of Housing has applauded the arrest noted that the group was profiting from a misinformed public. read more
Girish Shetti | Sep 11, 2016 04:09 PM EDT
China's electric car manufacturer BYD Auto Co on Friday unveiled 51 new single-decker electric buses in London. The company claims that these buses are Europe's biggest all-electric bus fleet till date, which would help London to curb its CO2 emissions. read more
ALVIN MUNENE | Sep 09, 2016 12:37 PM EDT
Despite the low market penetration of the iPhone 6 in 2015, Apple is optimistic that Chinese users would be interested in the iPhone 7 in 2016. read more
Ellie Froilan | Sep 09, 2016 01:00 PM EDT
Volkswagen AG has signed a memorandum of understanding with China's Anhui Jianghuai Automobile (JAC Motor) to explore making electric vehicles in a new joint venture. read more
Ellie Froilan | Sep 09, 2016 12:12 PM EDT
Didi, the "Uber of China," has received a new investment from Foxconn Technology Group, boosting the four-year-old Chinese ride-hailing company’s position as the second most valuable venture-backed private company in Asia. read more
ALVIN MUNENE | Sep 08, 2016 05:58 PM EDT
China has beat market estimates after recording strong trade data in August as imports unexpectedly rose for the first time in two years, and a slump in exports halted. read more
Charissa Echavez | Sep 07, 2016 01:14 PM EDT
China's Tencent Holdings Ltd. has become the country's most valuable corporation, beating state-owned China Mobile Ltd. read more
Girish Shetti | Sep 07, 2016 12:41 PM EDT
Ant Financial, the financial division of Chinese tech giant Alibaba Group, would look to raise capital through an initial public offering (IPO) 'someday,' Alibaba's founder and executive chairman Jack Ma said on Tuesday. read more
Ellie Froilan | Sep 06, 2016 09:38 AM EDT
Indonesian President Joko Widodo has invited Jack Ma to be an economic advisor to develop the country's e-commerce industry. read more
Desiree Sison | Sep 05, 2016 07:23 AM EDT
Australia's Prime Minister Malcolm Turnbull met with China's President Xi Jinping on Sunday at the sidelines of the G20 Summit to discuss matters related to foreign investment. read more
Jenia Cane | Sep 03, 2016 06:13 AM EDT
Prospects look bright for a Chinese new energy vehicle manufacturer, as its profits soared to 2.26 billion yuan ($342 million) compared to the same period last year. read more
Girish Shetti | Sep 02, 2016 03:15 PM EDT
Fosun International Ltd, China's largest non-state conglomerate, is currently holding talks to pick up stake in Russian investment firm Renaissance Capital, Reuters reported. read more
Girish Shetti | Sep 03, 2016 09:48 AM EDT
E-Land Group, South Korea's largest apparel retailer, on Friday announced the sale of its youth clothing brand, Teenie Weenie, to China's V-Grass Fashion Co. Ltd. for approximately $900 million. read more
Girish Shetti | Sep 02, 2016 03:33 PM EDT
Yum Brands, owner of popular food chain restaurants KFC and Pizza Hut, said on Friday that it would sell a minority stake in its China business to Chinese investment firm Primavera Capital and an affiliate of Alibaba Group Holding, Ant Financials. read more
Jenia Cane | Sep 02, 2016 04:04 AM EDT
China must forge ahead with its planned economic reforms that are in line with Central government’s timetable and roadmap. 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
