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Charissa Echavez

Chinese miners gather in a protest against back pay and false governor's claim

Chinese Miners Protest Over Unpaid Wages, Governor's False Claim

Mar 14, 2016 09:38 AM EDT

Thousands of Chinese miners marched and gathered to stage a rare protest in a northeastern city over claims that they have not yet received any compensation for months and that the province's governor has reportedly made a false claim about their back compensations and wages cut down.

Zootopia Achieves Record High Single-Day Earning in China

Charissa Echavez |

Mar 13, 2016 07:53 PM EDT

Zootopia continues to perform well in the Chinese market as it soared to $25 million on its second Saturday, setting a record high single-day gross for an animated film.

Introducing the first PS4 game developed in China -- Koi

Oasis Games Introduces "Koi," the First PS4 Game Made in China

Charissa Echavez |

Mar 13, 2016 02:47 PM EDT

A local game developer is attempting to penetrate China's game console industry, now that the country has lifted its ban. Oasis Games has introduced China's first PlayStation 4 game entitled Koi. This is the first PS4 game made in China.

Tai Chi and other Chinese traditional exercises are reportedly good for the heart, study suggests

Tai Chi, Other Chinese Exercises are Good for the Heart, Study Reveals

Charissa Echavez |

Mar 13, 2016 02:13 PM EDT

A study has revealed that practicing China's traditional mind-body exercises can improve one's health, particularly in people suffering from heart disease, high blood pressure and stroke.

Xiao Yaqing, Chairman of State Owned Assets Supervision & Administration Commission

China to Consolidate State-Owned Firms to Prevent Massive Layofffs

Charissa Echavez |

Mar 13, 2016 03:40 AM EDT

China is planning to reorganize and merge the largest state-owned companies in the country in order to cut down overcapacity in the $18 trillion sector without seeing massive layoffs, a senior official revealed.

China to Launch Direct Cruise Liner Service to Japan

Charissa Echavez |

Mar 13, 2016 03:12 AM EDT

China is set to launch a direct cruise liner service to Okinawa, Japan, beginning next month. The move is expected to support the growth of China's emerging cruise travel industry, which is expected to become the largest in Asia in the next four years.

CSR Sifang America Wins Bid to Supply Chicago's Railcars

Charissa Echavez |

Mar 12, 2016 07:47 PM EST

CSR Sifang America, a subsidiary of China Railway Rolling Stock Corporation (CRRC), has been granted a $1.3 billion order to supply more than 800 railcars to the Chicago Transit Authority (CTA), the largest Midwest train order recorded ever in the history.

Harmony of the Seas, the world's biggest cruise ship, sails to open water for the first time.

World's Biggest Cruise Ship Sails on Sea for the First Time

Charissa Echavez |

Mar 12, 2016 07:13 PM EST

The biggest cruise liner in the world has set sail on the open water for the first time following its three-day sail trial.

Fourth Academy of China Aerospace Science and Industry Corp. plans to establish commercial launching service for domestic and foreign clients.

China's Biggest Missile Maker to Tap Into Global Rocket Industry

Charissa Echavez |

Mar 12, 2016 06:59 PM EST

The biggest missile maker in China is planning to utilize its solid-fuel rockets to gain entry into the international market, according to a senior rocket designer.

China is negotiating with pharmaceutical firms to lower medicines indicated for cancer and other major illnesses by half

China Negotiates with Pharma Firms to Halve Prices of Patented, Imported Drugs

Charissa Echavez |

Mar 12, 2016 06:29 PM EST

The National Health and Family Planning Commission of China is trying to negotiate with pharmaceutical firms to slash the prices of five drugs which are used to treat cancer and other major diseases. This is part of a pilot program to reduce healthcare cost for patients, the head of the commission Li Bin, said on Tuesday.

A recent survey reveals eight Chinese cities among the most expensive city to live in the world

8 Chinese Cities Among World's 60 Most Expensive

Charissa Echavez |

Mar 12, 2016 01:55 PM EST

Eight Chinese cities have been recognized among the 60 most expensive cities in the world, according to the latest report by the Economist Intelligence Unit.

WeChat is set to launch a separate app for its enterprise clients

WeChat to Launch Separate App for Enterprise Clients

Charissa Echavez |

Mar 12, 2016 01:33 PM EST

Messaging app WeChat is set to launch a different application intended for its growing enterprise clients.

India is luring Chinese mobile supplier to localize products in their market

Chinese Cellphone Manufacturers to Invade Indian Market

Charissa Echavez |

Mar 12, 2016 01:06 PM EST

Chinese cellphone makers are planning to localize their products for the Indian market, according to the 21st Century Economic Report on Wednesday.

ABN AMRO launches its first branch in Shanghai

Dutch Bank ABN AMRO Launches Shanghai Branch

Charissa Echavez |

Mar 12, 2016 09:07 AM EST

China welcomed the Dutch lender ABN AMRO as it opened a branch in Shanghai, with the goal of providing immediate support for the city's corporate clients.

A Chinese financial magazine challenges China's censorship over article contents

Chinese Financial Magazine Challenges Content Censorship

Charissa Echavez |

Mar 09, 2016 11:08 AM EST

China's financial magazine Caixin has accentuated its concerns over the censorship over its content - a rare act of rebellion towards the communist government.