12/24/2024 07:22:08 am
12/24/2024 07:22:08 am
Girish Shetti | May 15, 2016 10:44 AM EDT
China on Friday accused the United States of not following the recent World Trade Organization's (WTO) ruling against unfair tariff on a range of imported Chinese products. read more
Charissa Echavez | May 15, 2016 11:08 AM EDT
The Chinese government has allocated 4.7 trillion yuan ($723.8 billion) to aggressively improve the country's infrastructure within three years. read more
Girish Shetti | May 14, 2016 10:58 AM EDT
China on Friday urged European Union to fulfill its international obligation by granting China Market Economy Status (MES). Earlier this week European Union had refused to grant China MES, citing domestic criteria as the reason. read more
Aaron Case | May 14, 2016 06:07 AM EDT
A recent report shows that alcohol consumption dropped by 3.5% in China last year, a drop that could be related to decreasing economic growth in China. read more
Charissa Echavez | May 14, 2016 11:18 AM EDT
China's insurance regulators are planning to investigate Anbang Insurance Group Co. following its recent real estate shopping spree in the United States. read more
Rina S. | May 14, 2016 05:00 PM EDT
Chinese e-commerce giant Alibaba is collaborating with Softbank to launch cloud computing services in Japan. The deal reflects Alibaba's ambition to grow into a global behemoth. The joint venture has been named SB Cloud Corporation. Softbank and Alibaba will have 60 percent and 40 percent share respectively in the new venture. read more
Rina S. | May 14, 2016 04:54 PM EDT
China has reported a sharp reduction in its lending last month, after concerns were raised about high credit surge in the first quarter of the year. The country's broadest measure of new credit showed less than expected numbers, suggesting that the central bank may have tempered borrowing requests. read more
Rina S. | May 14, 2016 12:04 PM EDT
The International Anti-Counterfeiting Coalition announced that it has suspended Chinese e-com giant Alibaba’s membership. The action is believed to have been taken after objections from current members regarding Alibaba’s lax attitude towards listing fake goods. However, the real reason concerns irregularity in admitting Alibaba to the group. read more
Charissa Echavez | May 14, 2016 11:39 AM EDT
American fast fashion chain Forever 21 filed a lawsuit last week against Los Angeles apparel company Shire E. Benafshe and other "unscrupulous individuals and entities" for selling counterfeited garments bearing its logo. read more
Girish Shetti | May 13, 2016 07:12 PM EDT
IMAX is set to add 40 more theatres in Mainland China through a joint venture agreement with leading Chinese exhibitor company Guangzhou JinYi Media. The deal is said to be a full revenue sharing agreement. read more
Charissa Echavez | May 13, 2016 07:05 PM EDT
Mixed martial arts promotion UFC is reportedly selling the fighting company, and a number of suitors are lining up, the ESPN.com reported. read more
Som Patidar | May 13, 2016 10:23 AM EDT
China's leading ride-hailing app Didi Chuxing has announced that the company has received an investment of $1 billion from Apple Inc. This is the single largest funding Didi has ever received. read more
Christian George Acevedo | May 12, 2016 10:32 AM EDT
Nicolas Berggruen, best known as the "Homeless Billionaire," is giving away $500 million from his own pocket to fund a public policy think tank for the benefit of philosophers, thinkers and scholars. read more
Girish Shetti | May 12, 2016 08:00 AM EDT
Baidu Inc. is planning to overhaul its business model, shifting from its current search oriented model to one that focuses on 'artificial intelligence.' read more
Charissa Echavez | May 12, 2016 06:04 PM EDT
With growing problems linked to China's so-called 'zombie' companies, authorities have announced that a detailed plan will soon be released to lessen overcapacity. 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
