Charissa Echavez
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China Cosco to Allocate $552M for Investment in Greek Port of Piraeus
Charissa Echavez | | Jul 08, 2016 08:51 AM EDT |
China Cosco Holdings is anticipated to invest $552 million in the Greek Port of Piraeus over the next five years, with a focus on its cruise market and shipping container business, the firm's president announced on Wednesday.
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Apple Lags Behind Local Brands in China's Mobile Market: Report
Charissa Echavez | | Jul 08, 2016 08:46 AM EDT |
Apple slid down to fifth place in China's smartphone shipments, according to the latest data by Counterpoint Research.
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Check Out Alibaba's First "Internet Car"
Charissa Echavez | | Jul 07, 2016 04:46 PM EDT |
China's Alibaba is officially in the car business as it recently introduced its first "internet car" Roewe RX5 SUV model in partnership with China's biggest car maker SAIC Motor Corp. on Wednesday at an event in Hangzhou.
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China Box Office Slows Down for the First Time in Over 5 Years: Reports
Charissa Echavez | | Jul 07, 2016 08:53 AM EDT |
Amid the surging growth of China's box office, it saw a 4.6 percent decline in the second quarter of 2016, with the first quarter gaining the lowest it had for years at 21 percent, according to local news outlets.
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Tencent Brings Supercell's 'Crash Royale' to China
Charissa Echavez | | Jul 07, 2016 08:49 AM EDT |
Tencent Holdings Ltd. has brought Supercell Oy's newest mobile game to China, its first joint venture after the Chinese firm agreed to buy the game maker for $8.6 billion.
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Samsung Slashed Thousands of Job in China, Other Countries in 2015
Charissa Echavez | | Jul 06, 2016 11:43 AM EDT |
South Korean smartphone giant Samsung has revealed it cut thousands of jobs in China, Europe, Latin America, and Korea in 2015. However, the company continued to recruit for its research and development centers based in the Southeast Asia and Japan regions.
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Worry no More: China's Geta Robot Will Park Your Car for You
Charissa Echavez | | Jul 06, 2016 11:36 AM EDT |
The issue of finding a car space or dealing with parallel parking may not be a problem in the future anymore as Chinese inventors have introduced a new parking robot.
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India Maintains Pharmaceutical Exports Lead Over China
Charissa Echavez | | Jul 06, 2016 11:20 AM EDT |
India maintained a lead in pharmaceutical exports over China in 2015, the commerce of ministry said in a statement.

This South Korean Snapchat Clone is Trending in China
Charissa Echavez | | Jul 06, 2016 11:09 AM EDT |
Snow is a trending app in China right now. However, its designs and features appear to have been ripped off from Snapchat.
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China Plans to Lend Bangladesh $9 Billion for Railway Project
Charissa Echavez | | Jul 06, 2016 10:50 AM EDT |
China is planning to provide a lump-sum amount of $9 billion as a low-interest loan to Bangladesh for the upgrade of its railway system.

Beware! This Chinese Malware has Been Infecting Millions of Android Devices
Charissa Echavez | | Jul 06, 2016 10:42 AM EDT |
At least 10 million Android devices have reportedly been infected by a Chinese malware called HummingBad, cybersecurity software maker Check Point revealed on Friday.
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Berlusconi Sells AC Milan to Chinese Company "With Public Capital"
Charissa Echavez | | Jul 06, 2016 10:15 AM EDT |
Former Italian Prime Minister Silvio Berlusconi has sold club AC Milan to a Chinese consortium, he told the press on Tuesday.
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SMRT to Ship Back 26 Trains to Chinese Manufacturer: Report
Charissa Echavez | | Jul 06, 2016 10:06 AM EDT |
Public transport operator SMRT Corporation is allegedly shipping back 26 out of the 35 China-made trains it is using due to structural defects.
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Twitter Estimates It Has 10 Million Active Members From China
Charissa Echavez | | Jul 06, 2016 09:28 AM EDT |
Twitter estimates that it has about 10 million active users from China, even though the site has been blocked in the country since 2009.
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Chinese Companies Invest $2.4B in Russia's Far East
Charissa Echavez | | Jul 06, 2016 09:18 AM EDT |
Chinese firms have invested a total of 16 billion yuan ($2.4 billion) in development projects in Russia's Far East, Aleksandr Galushka, the regional development minister, revealed on Monday.
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