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Charissa Echavez

Shanghai starts major facelift to build first subterranean luxury hotel.

Shanghai Starts Major Facelift of Luxury Hotel Built in a Quarry

Apr 18, 2016 08:19 AM EDT

The five-star hotel built in a desolated quarry pit at the foot of Tianma Hill in Songjiang, about 22 miles away from Shanghai city's center, is undergoing a major facelift and will be put to use late next year.

Disney's The Jungle Book caged in a staggering $50 million on its opening weekend in China.

'The Jungle Book' Earns $50 Million in China Opening Weekend

Charissa Echavez |

Apr 18, 2016 08:03 AM EDT

Disney's adaptation of the 1967 animated favorite The Jungle Book gathered a staggering $50 million during its three-day opening in China, coming in second after Kung Fu Panda 3's $52 million opening.

China's mobile live streaming industry will reach over 100 billion yuan by 2020.

China's Mobile Live Streaming Industry to Reach Over 100 Billion Yuan by 2020

Charissa Echavez |

Apr 17, 2016 03:31 PM EDT

Chinese tech giants are reportedly investing heavily in the country's mobile live streaming market to stimulate the audience's palate as they predict the industry will generate more than 100 billion yuan by 2020.

Uber sees potential growth on Chinese small cities.

Uber Bets on Small Chinese Cities

Charissa Echavez |

Apr 17, 2016 03:11 PM EDT

Uber is not easily giving up in China as it ventures to find potential growth opportunities outside first-tier cities, where Didi dominates.

McDonald's Corp is targeting private equity firms for its planned sale of 2,800 North American restaurants.

McDonald's Targets Partnership with Private Equity Firms for Asian Expansion

Charissa Echavez |

Apr 17, 2016 06:32 AM EDT

McDonald's Corporation is targeting private equity firms such as MBK Partners, TPG Capital Management, Bain Capital and state-owned China Resources Holdings for its planned sale of 2,800 North Asia restaurants.

Meet Jia Jia, China's new interactive humanoid robot.

China Unveils New Stunningly Attractive Humanoid Robot

Charissa Echavez |

Apr 16, 2016 12:14 PM EDT

China has unveiled a new realistic, interactive and stunningly attractive humanoid robot on Friday, a creation by the University of Science and Technology of China in Anhui Province's Hefei.

WeChat launches ongoing trial for WeChat Library, a seat reservation system to curb the long-debated issue of seat snatching on libraries.

WeChat Launches Seat Reservation Platform for Libraries

Charissa Echavez |

Apr 15, 2016 12:26 PM EDT

WeChat announced it has launched a new seat management platform that will help students visiting the library to prevent another student from taking their seats.

One in every six infringement cases filed in China are by foreigners, according to China Daily.

Trademark Infringment Cases in China Usually Filed by Foreigners: Report

Charissa Echavez |

Apr 15, 2016 11:30 AM EDT

The Shanghai Intellectual Property court received at least one foreign suit from every six lawsuits filed in 2015, with most complainants claiming to be victims of intellectual property infringements.

Chinese golf enthusiasts can now play the sport again.

It is Now Legal to Play Golf in China

Charissa Echavez |

Apr 15, 2016 10:43 AM EDT

Golf has had a rough history in China. But now the Communist Party has officially lifted the ban and declared the sport legal in the country again.

Kobe Bryant madness took Chinese social media sites to storm

#ThankYouKobe: Kobe Bryant Madness Sweeps China

Charissa Echavez |

Apr 15, 2016 10:34 AM EDT

Chinese fans took to social media to express their sentiments for Kobe Bryant hours before he finally said goodbye to his 20-year career at the Staples Center on Wednesday.

Chinese Company Declared Wednesday 'Kobe Day Off' to Celebrate Kobe Bryant's Retirement

Charissa Echavez |

Apr 15, 2016 10:24 AM EDT

A Chinese firm from Hangzhou city in China's Zhejiang Province declared a "Kobe day off" on Wednesday, a special treat for all Kobe Bryant's fans, who are employees of the company, to celebrate the legendary Black Mamba's retirement.

Kobe Bryant left NBA with a long list of achievements and records to break

A Look at the Black Mamba's Legacy: Kobe Bryant's Top 8 Greatest Achievements

Charissa Echavez |

Apr 15, 2016 10:14 AM EDT

NBA star player Kobe Bryant bids adieu to his 20-year career played entirely for Los Angeles' purple and yellow. He played his final game on Wednesday at the Staples Center.

China's mobile gaming market is seeing rapid growth.

China's Mobile Games Industry Sees Rapid Growth

Charissa Echavez |

Apr 15, 2016 09:49 AM EDT

China's mobile game industry has been steadily gaining ground in the country's overall digital games market, with mobile games now accounting for nearly half of China's total digital gaming revenue.

Chinese tourists paid as much as $10,000 to avail a vacation package with exclusive access to Kobe Bryant's last game.

Chinese Fans Pay $10,000 to Enjoy Vacation Package With Exclusive Access to Kobe Bryant

Charissa Echavez |

Apr 15, 2016 07:42 AM EDT

A number of Chinese tourists paid as much as $10,000 to enjoy of a vacation package with exclusive access to NBA basketball star Kobe Bryant.

China received support from local and international banks over yuan gold benchmark.

China's State-Owned Banks, ANZ, Standard Chartered to Join Yuan Gold Benchmark

Charissa Echavez |

Apr 14, 2016 03:38 PM EDT

Top Chinese banks as well as Standard Chartered and ANZ will join the latest yuan-dominated gold benchmark, representing China’s biggest step towards becoming metal’s price setter.