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Girish Shetti

China to Beef up Security at Pakistan Border to Curb Terror in Xinjiang Province

Jan 11, 2017 07:34 AM EST

The security along the China-Pakistan border would be further tightened in a desperate bid to curb terrorist activities in China's Muslim dominated Xinjiang province, according to Chinese state media. The decision comes barely weeks after a terrorist attack in Xinjiang province left five people dead.

ANZ’s UDC Finance Acquired by China’s Conglomerate HNA Group for $628M

Girish Shetti |

Jan 11, 2017 04:23 AM EST

ANZ Bank has sold its New Zealand asset finance business UDC Finance to Chinese conglomerate HNA Group for $NZ660 million ($628 million). This is ANZ's second sale out in almost single week as the banking giant looks to streamline its global business.

Taiwan Dispatches Jets, Navy Ships after Chinese Aircraft Carrier Enters Taiwan Strait

Girish Shetti |

Jan 11, 2017 01:12 AM EST

Taiwan dispatched fighter jets and navy ships on Wednesday after Chinese warships led by a aircraft carrier sailed through Taiwan Strait, in yet another sign of ongoing tension in the cross-strait relations.

Japan and South Korea Respond to Chinese Air force Drill.

Japan, South Korea Dispatch Fighter Jets After China Conducts Drills in Sensitive Areas

Girish Shetti |

Jan 10, 2017 09:47 AM EST

Japan and South Korea have put their fighter jets on high alert in East China Sea and Sea of Japan after spotting Chinese aircrafts flying back and forth in the region, Japanese and South Korean officials have said.

ChemChina, Syngenta Submit Remedy Proposals to Address EU Watchdog’s Concerns

Girish Shetti |

Jan 10, 2017 07:19 AM EST

China National Chemical Corp (ChemChina) and Swiss agricultural giant Syngenta AG have formally submitted remedies to the European Union's competition watchdog in a latest bid to win regulatory approval for their $43 billion merger agreement.

China Expresses Serious ‘Concern’ on North Korea’s ICBM Threat

Girish Shetti |

Jan 10, 2017 06:11 AM EST

China on Monday expressed serious concern over North Korea's repeated threat to launch ICMB or intercontinental ballistic missile. The concern from Beijing comes swiftly after U.S took critical note of Pyongyang's latest missile threat last week.

Oscar Makes an Impressive Debut for Shanghai SIPG

Girish Shetti |

Jan 10, 2017 02:02 AM EST

Oscar scored a goal on his debut for Shanghai SIPG. Although the Brazilin midfielder showed his goal scoring exploit in a friendly match, but his debut goal is bond to raise expectation among Chinese fans.

To Counter China, India Holds Talks with Vietnam on Akash Missile

Girish Shetti |

Jan 09, 2017 09:50 AM EST

With China continuing to flex its muscles in South China Sea, India and Vietnam are now going all out to shore up their defence cooperation. Several reports suggest that New Delhi has started discussion with Vietnam on sale of Akash surface-to-air missile.

Indian Leader Rahul Gandhi to Visit China on CPC Invitation

Girish Shetti |

Jan 09, 2017 08:35 AM EST

India's prominent political leader Rahul Gandhi will be on a weeklong tour to China from next week, sources said. Gandhi has been officially invited Communist Party of China (CPC) for a weeklong tour that commences on January 15.

Chinese Media Warns Trump of ‘Revenge’ if ‘One China' Policy is abandoned

Girish Shetti |

Jan 09, 2017 07:37 AM EST

China's popular nationalistic tabloid on Sunday warned U.S President Elect Donald Trump that Beijing would set on a 'revenge 'mode if he renounces the "One China" policy. The warning comes barely hours after Taiwanese president Tsai Ing-wen made a controversial stopover at America's Houston city.

US Texas Senator Ted Cruz Meets Taiwan President, Lambasts China

Girish Shetti |

Jan 09, 2017 01:43 AM EST

US Texas senator Ted Cruz along with Governor Greg Abbott met with Taiwanese president Tsai Ing-wen on Sunday during her transit stopover in Houston. However, there was no meeting between Trump and Tsai during the transit stopover.

Samsung Galaxy C9 Pro will be Soon Available Outside China

Girish Shetti |

Jan 08, 2017 01:10 AM EST

Samsung Galaxy C9 Pro is all set to venture outside China as the smartphone would be soon launched in several lucrative Asian markets. The phone is currently only available in China and South Korea.

China to Construct World’s Highest Altitude Telescope in Tibet

Girish Shetti |

Jan 08, 2017 01:01 AM EST

China is all set to construct the world's highest altitude gravitational wave telescopes in Tibet. These telecscope will try to unravel the deeps secrets of the "big bang theory."

NHL has Big Ambitions for China, Eyes Regular Season Games

Girish Shetti |

Jan 07, 2017 12:28 PM EST

The National Hockey League (NHL), the world's most popular ice hockey league wants to enter in China. The NHL's afflation for the rapidly growing Chinese market is evidently clear as league's deputy commissioner Bill Daly is all set to commence his trip to China later this month.

China’s December Forex Reserves Declines.

China’s Forex Reserves Decline Further in December to Hover over $3T

Girish Shetti |

Jan 07, 2017 11:29 AM EST

China's foreign exchange reserves continued its downslide in December as it declined for straight six months to hit a five year low. However, the Chinese government can take respite in the fact that the decline was less than what most analysts had expected.