12/24/2024 09:18:46 pm
12/24/2024 09:18:46 pm
Maria Crisanta Echeverria | Apr 21, 2016 07:38 AM EDT
China's steel production in March grew by three percent for the first time since January last year, the National Bureau of Statistics said. read more
Jenia Cane | Apr 18, 2016 11:55 AM EDT
Cultural goods from China have continued to boost its economy as the country has been touted as the top exporter of such products. read more
Charissa Echavez | Apr 18, 2016 09:59 AM EDT
Many experts believe that China's movie industry will soon surpass that of the United States, and now, some Chinese and Hollywood moviemakers second the motion, read more
Charissa Echavez | Apr 18, 2016 08:19 AM EDT
The five-star hotel built in a desolated quarry pit at the foot of Tianma Hill in Songjiang, about 22 miles away from Shanghai city's center, is undergoing a major facelift and will be put to use late next year. read more
Charissa Echavez | Apr 18, 2016 09:40 AM EDT
China's central bank relaxed credit card ending rates and increased the cash withdrawal limit. read more
Charissa Echavez | Apr 18, 2016 08:46 AM EDT
Freedom Foods and Murray Goulburn revealed their ultra-high processing temperature (UHT) milk and adult powdered milk were listed on China's revised "positive list," giving them the go signal to sell their products across Chinese websites through the country's free-trade zones without taxes. read more
Rina S. | Apr 17, 2016 03:37 PM EDT
China is looking to rehabilitate millions of worker potentially to be laid off from steel and coal industries. Following global trends, Chinese steel and coal sector are likely to perform lukewarm. The country has drafted new policies to provide counseling including career guidance to the workers. These sectors are expected to shed off 1.8 million workers. read more
Charissa Echavez | Apr 17, 2016 03:31 PM EDT
Chinese tech giants are reportedly investing heavily in the country's mobile live streaming market to stimulate the audience's palate as they predict the industry will generate more than 100 billion yuan by 2020. read more
Charissa Echavez | Apr 17, 2016 03:11 PM EDT
Uber is not easily giving up in China as it ventures to find potential growth opportunities outside first-tier cities, where Didi dominates. read more
Maria Crisanta Echeverria | Apr 17, 2016 07:14 AM EDT
China's corporate debt surged profoundly prior to the lending and spending bout prompted by the Chinese government in an attempt to keep the Chinese economy bustling. Underlining the deceleration, China said on Friday that the growth fell to 6.7 percent in the first three months of the year. read more
Charissa Echavez | Apr 17, 2016 06:32 AM EDT
McDonald's Corporation is targeting private equity firms such as MBK Partners, TPG Capital Management, Bain Capital and state-owned China Resources Holdings for its planned sale of 2,800 North Asia restaurants. read more
Girish Shetti | Apr 16, 2016 09:28 AM EDT
China's state owned semi-conductor firm Tsinghua Unigroup has acquired a six percent minority stake in US-based company Lattice Semiconductor Corp. This is the first big deal by Tsinghua Unigroup in a US firm after its plan to acquire a majority stake in two leading tech firms US firms was thwarted by the Committee on Foreign Investment in the United States (CFIUS) last year. read more
Jenia Cane | Apr 15, 2016 06:16 PM EDT
China's recorded gross domestic product (GDP) growth rate of 6.7 percent during the first quarter of 2016 was on track with the country's annual target of between 6.5 and seven percent. read more
Rina S. | Apr 15, 2016 02:56 PM EDT
Despite being behind digital walls, the Chinese market is too lucrative to be ignored by bigwig Silicon Valley firms. The latest attempt comes from Twitter, which is banned in China. However, the company is not letting this technicality come in its way to acquire more advertising revenue from one of the most formidable economies in the world. read more
Alexis Villarias | Apr 15, 2016 12:51 PM EDT
Just like Uber, you may now book a shared business jet using an app. The companies offering the service are taking advantage of the slow progress of the flight market in China. 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
