Charissa Echavez
China Unveils First Battery-Powered Suspension Railway
| Charissa Echavez | | Oct 03, 2016 08:49 AM EDT |
China has unveiled the world's first battery-powered trains that hang fromm the suspended track in mid-air.
China to See 240 Million Elderly People by 2020
| Charissa Echavez | | Oct 03, 2016 08:00 AM EDT |
China will have 240 million elderly people, aged 60 years or above, by 2020, accounting for 17 percent of the country's total population, Liu Qian, deputy head of the National Health and Family Planning Commission, said.
China's Hainan Airlines to Launch Direct Flight Service to Auckland in New Year
| Charissa Echavez | | Oct 03, 2016 07:30 AM EDT |
China's Hainan Airlines is set to launch direct flights between Shenzhen and Auckland on Dec. 31, Auckland Airport announced on Monday.
China to Scrap QFII, RQFII Asset Allocation Limits for Foreign Investors
| Charissa Echavez | | Oct 03, 2016 07:00 AM EDT |
China's security regulators on Friday said it will scrap limits on asset allocations under the Qualified Foreign Institution Investor (QFII) program in an attempt to attract more long-term capital, the official Shanghai Securities News posted on its website.
China Eases Consumption Tax on Cosmetics
| Charissa Echavez | | Oct 03, 2016 01:51 AM EDT |
China is cutting down or eliminating tax on all cosmetic products, the finance ministry announced on Friday, the country's latest move to accelerate the transition toward a more consumption-led economy.
Tom Cruise's 'Jack Reacher: Never Go Back' Teams Up with Chinese Investors
| Charissa Echavez | | Oct 02, 2016 11:59 PM EDT |
Paramount Pictures revealed it has teamed up with China's Huahua Media and Shanghai Film Group for its upcoming Tom Cruise starrer film Jack Reacher: Never Go Back.
China's Bike-Sharing Apps Mobike, oFo Secure $200M Investment: Report
| Charissa Echavez | | Oct 02, 2016 11:03 PM EDT |
China's two biggest bike-share startups, Mobike and oFo, have separately raised large investments for further expansion.
Glaxo to Pay $20M to Settle SEC Bribery Charges in China
| Charissa Echavez | | Oct 02, 2016 09:57 PM EDT |
GlaxoSmithKline PLC (GSK) has agreed to pay $20 million to settle civil charges allegations that it bribed foreign officials in China to boost medicine sales, the United States regulator revealed on Friday.
Chinese Hero Doctor Saves Man's Life Mid-Flight Using Only a Spoon and Toothpicks
| Charissa Echavez | | Sep 30, 2016 10:04 AM EDT |
A Chinese doctor on board an Air Canada flight has been hailed a hero after saving the life of a passenger who suffered from epilepsy mid-flight using only a spoon and a few toothpicks.
China's Hackers are Costing the Country $15B per Year: Report
| Charissa Echavez | | Sep 30, 2016 08:00 AM EDT |
China's criminal hacking community has at least 400,000 hackers, and its proliferate activities are sucking 100 billion yuan ($15 billion) out of the country's economy annually.
Dalian Wanda Fires Executive Involved in Bribery
| Charissa Echavez | | Sep 30, 2016 07:30 AM EDT |
Dalian Wanda Group, owned by China's richest man Wang Jianlin, said on Thursday it fired an executive who bribed a local Chinese official eight years ago in a bid to shift from state ownership into the private company it is today.
China to Build World's Largest Solar Power
| Charissa Echavez | | Sep 30, 2016 07:00 AM EDT |
China will soon become the home to the world's largest solar power as China Minsheng New Energy Investment Co. is set to develop a 2 gigawatts solar farm in the Ningxia region.
LeEco to Officially Launch in the US Next Month
| Charissa Echavez | | Sep 30, 2016 12:32 AM EDT |
China's LeEco is finally heading to the U.S. and has sent out invitations for a press event in San Francisco, California, on October 19.
China's Fundamental Films to Acquire 28% Stake in Luc Besson's EuropaCorp
| Charissa Echavez | | Sep 29, 2016 11:33 PM EDT |
China's Fundamental Films has agreed to acquire 27.9 percent stake in Luc Besson's EuropaCorp for $67 million, the company announced on Thursday.
World's Biggest Air Purifier Cleans Beijing's Air, Turns Smog into Jewelries
| Charissa Echavez | | Sep 29, 2016 10:51 PM EDT |
The world's biggest air purifier, which not only removes pollutants and cleans air but also turns smog into jewelry, made its debut in Beijing, China, on Thursday. The Smog Free Tower is designed by Daan Roosegaarde as part of his Smog Free Project.
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