12/25/2024 09:09:02 am
12/25/2024 09:09:02 am
Carlos Castillo | Feb 23, 2016 06:18 AM EST
The European Chamber of Commerce (ECC) in Beijing said on Monday that the European Union (EU) is unlikely to lift trade barriers against China this year as fears of losing as many as 10 million jobs across Europe are blocking efforts to grant the country market economy status (MES) in the World Trade Organization (WTO). read more
Charissa Echavez | Feb 22, 2016 07:07 AM EST
A military think tank revealed on Monday that China has nearly doubled its weapon exports in the last five years, as it continues to allocate a budget to creating a high-end arms manufacturing market. read more
Charissa Echavez | Feb 21, 2016 08:04 AM EST
Following Apple's launching of its mobile payment system in China, rival company Samsung Electronics unveiled it will follow the step. read more
Charissa Echavez | Feb 21, 2016 07:30 AM EST
New cars in China in the month of January showed a significant increase of 9.3 percent from the previous year as demand surged due to the Lunar New Year holiday celebration. read more
Girish Shetti | Feb 20, 2016 11:51 AM EST
The chairman of China Securities Regulatory Commission (CSRC) Xiao Gang has been officially dismissed from his post, the state-run Xinhua news agency announced on Saturday. The news of Xiao's dismissal comes following recent reports that he is on the verge of being fired. read more
Charissa Echavez | Feb 20, 2016 04:23 AM EST
Taxi-hailing app Uber is reportedly burning through over $1 billion per year in China as the competition intensifies with another China-based taxi app Didi Kuaidi. read more
Carlos Castillo | Feb 20, 2016 04:15 AM EST
China's top securities regulator is stepping down as Chinese leaders move to dispell rumors of disarray in the management of the country's economy and spell out the specifics of how the government intends to supervise China's economic transition, sources with direct knowledge of the matter told the Wall Street Journal on Friday. read more
Girish Shetti | Feb 19, 2016 06:39 AM EST
Spanish Police raided the Spanish headquarters of Industrial & Commercial Bank of China Ltd. (ICBC) on Wednesday. The raid led to arrest of 5 Directors of the bank over charges of money laundering. read more
Marcel Woo | Feb 18, 2016 08:04 AM EST
Tianjin Tianhai Investment Co, a unit of Chinese aviation and shipping conglomerate HNA Group, announced interest to acquire electronics distributor Ingram Micro for about US$6 billion. read more
Marcel Woo | Feb 18, 2016 07:45 AM EST
Chinese authorities have recently discovered a banking fraud that involved multi-billion worth of money that it could require government intervention and could further undermine the country's banking system. read more
Alexis Villarias | Feb 17, 2016 12:31 PM EST
The first ever train to connect China and Iran arrived in Tehran on Monday, reviving the ancient Silk Road, according to the Iranian railway company. The train aims to make transportation between Shanghai and Iran shorter. read more
Charissa Echavez | Feb 17, 2016 12:23 PM EST
Shoving off speculations, China's leading third-party online payment system Alipay revealed via a social media post on Tuesday that it will continue to offer its cash withdrawing service for free. read more
Charissa Echavez | Feb 17, 2016 10:55 AM EST
In 2015, the brewery business in China experienced its lowest decline in five years despite the fact that local brands are still dominating in the market, industry experts have revealed. read more
Charissa Echavez | Feb 17, 2016 09:28 AM EST
A Japanese personal care company has revealed that its products are highly in-demand among Chinese tourists. However, the company continues to struggle to increase its sales in the Chinese market. read more
Charissa Echavez | Feb 17, 2016 08:04 AM EST
Foreign workers in Beijing, who hold permits, are now allowed to buy one residential apartment - with the cancellation of the requirement of having at least one year employment in the city, according to authorities. 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
