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Charissa Echavez

China Nabs Over 200 Suspects for Organizing Online Betting Site for UEFA Euro 2016

Jul 04, 2016 09:50 AM EDT

Since the start of UEFA Euro 2016, more than 200 suspects of an online soccer betting network have been arrested in China, the Ministry of Public Security reported.

China's State Grid poised to buy a controlling stake at Brazil's CPFL Energia.

China's State Grid to buy Camargo Correa's CPFL Energia Stake for $1.8B

Charissa Echavez |

Jul 04, 2016 08:29 AM EDT

China's State Grid International Development Ltd. is set to acquire a controlling stake worth $1.8 billion in CPFL Energia SA, Brazil's biggest power distributor announced on Friday.

China plans to build world's largest city.

China to Merge 9 Large Cities to Form a Gigantic Megacity

Charissa Echavez |

Jul 04, 2016 08:13 AM EDT

China is planning to build the largest city in the world by fusing nine big cities into one gigantic megacity.

Mercedes-Benz S-Class Assembly At Sindelfingen Plant

Germany's Voith Agrees to Sell its Kuka Stake to China's Midea for $1.3B

Charissa Echavez |

Jul 04, 2016 07:51 AM EDT

Germany's Voith GmbH has agreed to sell 25.1 percent of its Kuka AG stake to China's Midea group for $1.3 billion, the mechanical engineering group said in a statement on Sunday.

China Vanke refuses to grant Baoneng's call for EGM.

China Vanke Refuses Baoneng's Call for Shareholder's Meeting

Charissa Echavez |

Jul 04, 2016 07:41 AM EDT

Property developer China Vanke has refused to call an extraordinary shareholder meeting (EGM) as requested by its largest stakeholder Baoneng, the company announced on Sunday. Baoneng is seeking to oust the CEO and members of the board of China Vanke.

World's largest air purifier sucks up smog and turns it into jewelry.

Dutch Designer to Bring World's Largest Air Purifier to China

Charissa Echavez |

Jul 03, 2016 10:57 AM EDT

A Dutch designer has created the world's largest air purifier that not only removes pollutants and cleans air but also turns smog into jewelry. The Smog Free project, which is scheduled to begin in Beijing, China, this September will help address the country's growing smog problem, which is said to kill nearly 4,000 people a day.

Japan's Mitsubishi to Recall Over 7,700 Pajero Units in China

Charissa Echavez |

Jul 03, 2016 10:39 AM EDT

Japanese automotive maker Mitsubishi will recall more than 7,500 imported Pajero units in China because of a potential airbag system issue, a customer quality watchdog announced on Saturday.

China issued orange alert amid heavy rain and warns netizens to watch out for possible geological disasters.

China's Weather Station Warns About Potential Geological Disasters, Issues Orange Alert

Charissa Echavez |

Jul 02, 2016 09:12 AM EDT

Chinese meteorologists issued a warning on Friday about potential geological disasters in the western and southern parts of the county as heavy rain is set to hit the region.

Tencent accounts nearly 45 percent of China's top grossing android games for May 2016.

Tencent Accounts Nearly 45% of China's Top 100 Grossing Android Games

Charissa Echavez |

Jul 01, 2016 03:58 PM EDT

Tencent topped the list of the most installed and highest grossing android games based on revenues in China for May 2016.

China Resources opposes Baoneng's call to oust chairman and board executives of China Vanke.

China Vanke Saga: China Resources Opposes Baoneng Group's Motion to Oust Board

Charissa Echavez |

Jul 01, 2016 08:05 AM EDT

After China Vanke's largest shareholder Baoneng Group sought a board meeting to oust the real estate's chairman and 11 other executive directors, its second largest shareholder China Resources has made it clear that it does not support the move.

China's JD.com Optimistic About Brexit; Launches 'British Mall'

Charissa Echavez |

Jul 01, 2016 07:52 AM EDT

While some economic analysts have said China will be affected by Britain's decision to leave the European Union, Chinese online retail giant JD.com thinks otherwise. Instead, the company has said it is an opportunity to enhance China's trade and exports.

Chip Maker Qualcomm Files 17 Cases Against China's Meizu Technology

Charissa Echavez |

Jul 01, 2016 07:02 AM EDT

American multinational chip maker Qualcomm announced on Thursday that it has filed a total of 17 patent infringement cases against Chinese smartphone maker Meizu Technology Co.

Number of Chinese clients seeking to undergo cosmetic surgery in Korea is declining.

Cosmetic Surgery Demand from China Slows Down in Seoul

Charissa Echavez |

Jun 30, 2016 10:09 AM EDT

South Korea is experiencing a decline in cosmetic surgery demand after a four-minute news report by state-run news agency China Central Television earlier this year exposed a case of a tourist from China being overcharged by a cosmetic surgery clinic in Gangnam, Seoul.

Report Claims 20 Percent Of US's Energy Could Come From Wind Power

China's Idle Wind Turbines May Pose a Big Problem

Charissa Echavez |

Jun 30, 2016 09:50 AM EDT

China shut down a number of its wind turbines, as their idle capacity is only causing damage to the country's electrical grid.

China's local brands leading in consumer market shares.

Chinese Brands Dominate Local Market

Charissa Echavez |

Jun 30, 2016 06:21 AM EDT

China's local brands are leading the market race, gaining market share faster than foreign labels as they are able to cater regional tastes and quickly respond to domestic demands.