Business

Drone Maker DJI Sets up Agricultural Services Network

J.B. Cach   | Mar 22, 2016 03:36 PM EDT

Shenzhen-based drone maker DJI Innovation Technology Co has revealed that it is currently setting up a network to promote and support the use of unmanned aerial vehicles (UAVs) (or drones) in agriculture. read more

China’s ZTE Gets Temporary Relief From US on Export Ban

Girish Shetti   | Mar 22, 2016 06:47 AM EDT

The United States government plans to temporarily lift export restrictions on Chinese telecom company ZTE Corporation, a senior Commerce Department official said. read more

China has $570M Worth of Unpaid Bills

Charissa Echavez   | Mar 21, 2016 07:46 AM EDT

China is facing a staggering amount of unpaid bills as Chinese firms are having a hard time collecting payments from customers. read more

Xiaomi Denies Plans of IPO for Expansion

Charissa Echavez   | Mar 21, 2016 09:46 AM EDT

Xiaomi, one of China's leading smartphone manufacturer, said that the company is financially sufficient. Despite plans to expand to India, company vice president Hugo Barra said that it doesn't plan to raise funds through an initial public offering. read more

Marriott Hotel Less Likely to Outbid Anbang - Analysts

Charissa Echavez   | Mar 21, 2016 08:20 AM EDT

Hotelier Marriott International Inc, may have to raise its bid for Starwood Hotels & Resorts Worldwide Inc. as it is less likely to outbid Chinese insurer Anbang, experts said. read more

Rumored Counterfeits in China Hurting Country’s Manufacturing Sector: Jack Ma

Jenia Cane   | Mar 20, 2016 07:47 PM EDT

The rumored counterfeits being produced in China could adversely affect the country's economy. read more

Mark Zuckerberg Meets Top Chinese Leader in Beijing as Facebook Sets Eyes on China

Girish Shetti   | Mar 20, 2016 05:19 AM EDT

Facebook's co-founder and CEO Mark Zuckerberg held a meeting with top Communist leader Liu Yunshan in Beijing on Saturday, as the tech-mogul continues to warm up to China - one of the few countries where Facebook is banned owing to government control. read more

UBS Bank China to Focus on New Family Needs as it Opens Branch in Shanghai

Jenia Cane   | Mar 20, 2016 12:00 AM EDT

The UBS bank in China is keen about focusing its operations on new family needs as it opened its branch in Shanghai. read more

Chinese Real Estate Startup Juwai.com Plans IPO in Australia by the End of 2016

Girish Shetti   | Mar 18, 2016 10:58 AM EDT

Juwai.com, a property search engine that helps Chinese buyers to buy overseas real estate properties, is planning to go public in Australian stock market by end of this year. read more

China Economic Growth Targets Achievable with Right Tools; Central Government To Develop Emerging Industries

Jenia Cane   | Mar 17, 2016 11:03 PM EDT

China has the right policy tools to meet its economic growth targets, a top Chinese official said. read more

China’s Fixed Asset Investments to be Increased; Pledges To Shore Up Funding For Infrastructure and Pubic Services

Jenia Cane   | Mar 16, 2016 09:06 AM EDT

After China experienced a modest recovery in fixed asset investments in the first two months of this year, the Central Government has committed to increase its investments for the nation's infrastructure and public services. read more

China's ZTE Holds Talks With U.S. to Lift Trade Sanctions

Girish Shetti   | Mar 16, 2016 07:40 AM EDT

Chinese telecom company ZTE Corp is in talks with the U.S. Commerce Department to remove the trade sanctions leveled on the company last week, according to inside sources. read more

China's Anbang Challenges Marriott's Bid for Starwood Hotels

Charissa Echavez   | Mar 15, 2016 01:01 PM EDT

Chinese insurer Anbang continues on its shopping spree as it challenges Marriott International in a bid for rival hotelier Starwood Hotels and Resorts Worldwide with a staggering $14 billion cash offer, according to The Guardians. read more

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