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Charissa Echavez

Alibaba Pictures acquires Korea's romantic thriller 'Life Risking Romance'

China's Alibaba Pictures Acquires Distribution Rights to Korea's 'Life Risking Romance'

Jul 26, 2016 02:26 PM EDT

Jack Ma's Alibaba Pictures has acquired the rights for Korean romantic thriller Life Risking Romance in China, giving it full distribution rights for the film in theaters and online platforms in the country.

China rolls out AG600, biggest amphibious plane in the world.

China Starts Production of World's Largest Amphibious Aircraft AG600

Charissa Echavez |

Jul 26, 2016 12:40 PM EDT

China has started the production of the AG600, which is dubbed as the largest amphibious aircraft in the world, in Zhuhai, China, according to local media.

Over 100 Chinese Nationals Have Joined the Islamic State in Syria

Charissa Echavez |

Jul 26, 2016 10:56 AM EDT

Documents, leaked by an Islamic State defector, reveals that over 100 Chinese nationals have joined the jihadist movement in Syria.

Australia's Real Estate Giant Ray White Teams up With Lianjia to Enter China

Charissa Echavez |

Jul 26, 2016 10:49 AM EDT

Australia's biggest real estate group Ray White has expanded its services to China after teaming up with China's largest real estate company, Lianjia (or Homelink).

China's BeiDou System Plans to go Global by 2020

Charissa Echavez |

Jul 25, 2016 11:25 AM EDT

China's BeiDou Navigation Satellite System is on course to extend its services across the world. It is poised to serve countries along the Belt and Road Initiative by 2018 and across the globe by 2020, Zhang Chunling, chief engineer of China's Satellite Navigation System management office, revealed on Saturday during a seminar in Jiangsu Province's Nanjing.

Jackie Chan's 'Skiptrace' earned a staggering $60M on opening week.

Jackie Chan's 'Skiptrace' Hauls $60M Opening

Charissa Echavez |

Jul 25, 2016 11:15 AM EDT

Jackie Chan's comedy action movie Skiptrace pulled off a staggering $60 million after its fourth day in China. This is the biggest opening haul in China's entire five-decade career.

Rainstorms Cause Floods In Provinces Of China

China Suspends Four Officials Over 'Ineffective' Flood Response

Charissa Echavez |

Jul 25, 2016 10:57 AM EDT

The Chinese government has suspended four government officials in Hebei province on Sunday for dereliction of duty in coping with the deadly floods that left more than 200 people dead.

Chinese Enterprises' Situation In The Backdrop Of Global Financial Crisis

China's Workforce May Decline by Over 23% by 2050

Charissa Echavez |

Jul 25, 2016 10:44 AM EDT

Despite putting an end to its decades-long one-child policy, China's working-age population may fall by more than 23 percent to about 700 million by 2050 from the present 910 million, according to a senior official on Friday.

Chinese researchers to conduct first ever clinical trial of modifying cells through the CRISPR gene editing technology.

Chinese Team to Conduct First-Ever Human CRISPR Gene Editing Trial

Charissa Echavez |

Jul 23, 2016 07:33 AM EDT

A group of Chinese researchers has announced a plan to conduct the first-ever clinical trial of modifying cells through the CRISPR gene editing technology on humans.

MasterCard Plans to Apply for Payment License in China

Charissa Echavez |

Jul 23, 2016 07:10 AM EDT

MasterCard is planning to apply for a payment license in China this year after the country opened its market to foreign providers, senior executives revealed on Friday

China's Dalian Wanda is in preliminary agreement to sell iconic Madrid building for $300 million to Spanish developer Baraka Global Invest.

China's Dalian Wanda to Sell Historic Madrid Skyscraper for $300M

Charissa Echavez |

Jul 23, 2016 07:06 AM EDT

Dalian Wanda Group, which is owned by China's richest man Wang Jianlin, has reached a preliminary agreement to sell its historic Madrid skyscraper to a Spanish developer Baraka Global Invest SL for $300 million, the company revealed on Friday to the Hong Kong stock exchange.

Speed Restrictions Imposed On National Rail Due To Hot Weather

China Plans 150,000-km Railway Network Expansion by 2020

Charissa Echavez |

Jul 23, 2016 06:55 AM EDT

China is planning to expand its railway network system by building an added 30,000 km of train tracks by the end of 2020, yielding a total of about 150,000 km, the Ministry of Transport announced on Thursday.

Chinese Protestors Stage Anti-Japanese Demonstration

China's Police, Media Call for Rational Patriotism

Charissa Echavez |

Jul 21, 2016 01:48 PM EDT

Chinese law enforcers and media organizations are calling for rational patriotism following the international arbitration court's decision, which favored the Philippines over the communist country in the case about disputed territories in the South China Sea.

South Korean Exports Take Sharpest Plunge In Six Years In August

Hyundai Dealers in China Seek up to $135M as Compensation

Charissa Echavez |

Jul 21, 2016 01:31 PM EDT

A group of 30 Hyundai Motor Co dealers in China is seeking between 800 million ($120 million) and 900 million ($135 million) worth of compensation from the South Korean auto manufacturer for dealership losses and closures they blame on its manufacturing policy.

GSR Capital's Sonny Wu Leads AC Milan Takeover: Reports

Charissa Echavez |

Jul 21, 2016 11:50 AM EDT

GSR Capital owner Sonny Wu is reportedly in advanced talks to acquire Italian soccer club AC Milan from Silvio Berlusconi's Fininvest SpA, according to sources familiar with the matter.