12/23/2024 01:41:24 pm
12/23/2024 01:41:24 pm
Manthan Chheda | Jun 23, 2016 04:20 AM EDT
Shenzhen Baili, the Chinese smartphone company that recently won a patent infringement claim against Apple over the iPhone 6 "barely exists," according to an investigation carried out by Wall Street Journal. read more
Ellie Froilan | Jun 23, 2016 05:49 AM EDT
Circle Internet Financial Ltd. has announced that it has already raised raised $60 million in new funding from China-based investors. The company also unveiled a dedicated domestic subsidiary, Circle China. read more
Rina S. | Jun 23, 2016 04:01 AM EDT
McDonald's Corp has received multiple bids for its stores in China and Hong Kong. The offers have come from ChemChina, Beijing Tourism Group, and Sanpower. read more
Girish Shetti | Jun 22, 2016 07:06 AM EDT
American electric car maker Tesla Motors is planning to invest close to $9 billion to set up a manufacturing base in Shanghai city, a person familiar with the matter said. read more
Christian George Acevedo | Jun 22, 2016 06:15 AM EDT
Jack Ma believes that the biggest mistake in his life was making Alibaba. read more
Jenia Cane | Jun 22, 2016 04:17 AM EDT
China’s financial sector will play a stronger role in boosting the nation’s real economy by creating sufficient liquidity and establishing a stable exchange rate for the renminbi. read more
Rina S. | Jun 22, 2016 04:46 PM EDT
Tencent Holdings Ltd. has acquired a majority stake in Finnish gaming company Supercell worth $8.6 billion. read more
Jenia Cane | Jun 21, 2016 11:02 PM EDT
The Chinese economy will continue to perform well in the long-term despite the slower than usual growth the country has been experiencing during the past several quarters. read more
Rina S. | Jun 21, 2016 03:16 PM EDT
Tesla Motors Inc. is reported to have signed a non-binding agreement with Jinqiao Group to set up a production base in Shanghai. According to a Bloomberg report, the investment is worth $9 billion. Both Tesla and Jinqiao Group, a Shanghai-based state-owned company, will invest $4.5 billion (30 billion yuan) each. Jinqiao's share is likely to be in the form of land. read more
Manthan Chheda | Jun 21, 2016 06:05 AM EDT
China's state-owned shipping company is plans to launch cruise trips in the disputed waters of the South China Sea in a bid to develop tourism in the region. read more
Ellie Froilan | Jun 21, 2016 03:39 AM EDT
Nestle's Nespresso has announced its plan of selling Cuban coffee in the United States after more than 50 years. read more
Christian George Acevedo | Jun 21, 2016 07:06 AM EDT
U.S. retail giant Walmart is moving towards another strategy that would give it better footing in the Chinese lucrative market. read more
Christian George Acevedo | Jun 22, 2016 02:21 AM EDT
China's richest man wants to see his company in the ranks of the world's richest countries. 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
