12/24/2024 09:20:46 pm
12/24/2024 09:20:46 pm
Girish Shetti | Mar 14, 2016 03:12 PM EDT
Thousands of coal miners took to streets in Heilongjiang province over the weekend to protest against unpaid wages as Chinese authorities start restructuring state-owned coal and steel plants to combat the ongoing economic slowdown. read more
Marcel Woo | Mar 14, 2016 06:29 AM EDT
Insurance companies in China are expected to raise their allocations for global property investments in the coming years, boosted by the rapid development of the country's insurance sector. read more
Jenia Cane | Mar 13, 2016 11:31 PM EDT
Qualcomm China is expected to continuously expand in the country as it is set to talk with its Chinese partners relative to grabbing every opportunity that it has not taken advantage of yet. read more
Charissa Echavez | Mar 14, 2016 09:45 AM EDT
China's Anbang Insurance Group has proposed a deal to acquire Strategic Hotels & Resorts Inc. for $6.5 billion - just three months after the private firm Blackstone Group LP bought the luxury hotels for $4 billion. read more
Jenia Cane | Mar 13, 2016 05:53 PM EDT
While China's modernization efforts have been sustained, several benefits are being experienced by the labor sector. read more
J.B. Cach | Mar 13, 2016 02:35 PM EDT
China's industry minister said that the country will double the sales of electric cars this year. read more
Carlos Castillo | Mar 13, 2016 10:29 AM EDT
China is set to combine more big state-owned enterprises (SOEs) as part of a sweeping plan to cut industrial overcapacity and promote growth and employment opportunities in other sectors of the nation's economy, a senior regulator said on Saturday. read more
Girish Shetti | Mar 14, 2016 12:40 AM EDT
In his first ever press conference, China's newly-appointed stock market chief has tried to calm nervous investors as he pledged sustained government support for the country's plummeting stock markets. Liu Shiyu, the CSRC's new chief, also promised timely intervention should market volatility return back to stock markets again. read more
Charissa Echavez | Mar 13, 2016 03:40 AM EDT
China is planning to reorganize and merge the largest state-owned companies in the country in order to cut down overcapacity in the $18 trillion sector without seeing massive layoffs, a senior official revealed. read more
Charissa Echavez | Mar 12, 2016 07:47 PM EST
CSR Sifang America, a subsidiary of China Railway Rolling Stock Corporation (CRRC), has been granted a $1.3 billion order to supply more than 800 railcars to the Chicago Transit Authority (CTA), the largest Midwest train order recorded ever in the history. read more
Charissa Echavez | Mar 12, 2016 06:59 PM EST
The biggest missile maker in China is planning to utilize its solid-fuel rockets to gain entry into the international market, according to a senior rocket designer. read more
Charissa Echavez | Mar 12, 2016 09:07 AM EST
China welcomed the Dutch lender ABN AMRO as it opened a branch in Shanghai, with the goal of providing immediate support for the city's corporate clients. read more
Charissa Echavez | Mar 12, 2016 01:06 PM EST
Chinese cellphone makers are planning to localize their products for the Indian market, according to the 21st Century Economic Report on Wednesday. read more
Girish Shetti | Mar 11, 2016 12:24 PM EST
Wuhan Iron and Steel, one of China's largest steelmakers, plans to lay off 50,000 workers, the company's chairman Ma Guoqiang said, as China begins to restructure state-owned steel and coal factories. The plan is likely result in a total of 1.8 million job cuts. read more
Jenia Cane | Mar 11, 2016 09:02 AM EST
China's top leader has thrown his support behind the private sector, promising to continue to initiate market-oriented reforms and protect private business. President's Xi Jinping's pledge of support was contained in a 5,000-word article addressed to lawmakers and political advisers from the private sector. 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
