Girish Shetti
China’s Anbang in Advanced Talks with Blackstone to Acquire Japanese Property Worth $2.3B: Report
| Girish Shetti | | Nov 21, 2016 10:53 AM EST |
China's Insurance giant Anbang Insurance Group is currently engaged in talks to acquire Japanese residential property worth up to $2.3 billion from American investment major Blackstone, according to people familiar with the matter.
After Quantum Satellite, China Launches World’s Longest Quantum Communication Line
| Girish Shetti | | Nov 21, 2016 08:56 AM EST |
China unveiled 712 kilometers quantum communication line on Monday with solo objective to safely transmit sensitive information across the country. The line has been touted as world's quantum communication line and is been hailed as another feather in the cap of country's quest for technological advancement.
China’s Army on High Alert After Ethnic Violence in Myanmar’s Border Towns
| Girish Shetti | | Nov 21, 2016 08:08 AM EST |
China has put its army on high alert after fighting broke out in Myanmar's town of Muse and Kutkai during the last weekend. Both these towns are located near China's border areas and are known to be prone to insurgent activities.
Dalai Lama Commences Mongolia Visit, Overlooks China’s Objection
| Girish Shetti | | Nov 20, 2016 02:22 AM EST |
The Dalai Lama is most likely going to earn China's ire once again, as the controversial Tibetan spiritual monk commenced his four-day visit to Mongolia on Friday, despite Beijing's stern warning that the Mongolian government must bar the monk from entering the country.
Fintech VC investment in China Remains Unaffected by Global Decline in Start up Investment: Report
| Girish Shetti | | Nov 20, 2016 02:04 AM EST |
China continues to attract huge investment from venture capital (VC) investors in financial technology (fintech) space, despite downturn in the global investment across startup companies. This is according to a report jointly-published by KPMG and CB Insights.
German Chipmaker Aixtron Says U.S. Opposes Chinese Takeover Deal on Security Grounds
| Girish Shetti | | Nov 19, 2016 12:58 PM EST |
German chipmaker Aixtron's pending acquisition by China's Fujian Grand Chip Investment Fund (FGC) seems to have hit a minor roadblock. The German chipmaker said that it had received a recommendation from the Committee on Foreign Investment in the United States (CFIUS) to block the proposed takeover deal.
English Premier League Seals Blockbuster Streaming Deal in China: Report
| Girish Shetti | | Nov 19, 2016 01:15 AM EST |
English premier league has sealed a record-breaking streaming deal in China, people familiar with the matter said. The deal has been touted as the biggest overseas deal by England's soccer league and is expected to boost its revenue from the lucrative Chinese market.
Pakistani MPs Fear China-Pakistan Economic Corridor may Offer Trade Gains to India
| Girish Shetti | | Nov 18, 2016 09:55 PM EST |
According to a leading Pakistani newspaper, a group of Pakistani legislatures expressed concern in a recent senate meeting that China-Pakistan Economic Corridor (CPEC) may end up yielding benefit to its arch rival India.
Badminton Star Lin Dan Admits Having Affair While his Wife was Pregnant
| Girish Shetti | | Nov 18, 2016 04:46 AM EST |
China's badminton star Lin Dan shocked his fans on Thursday by publicly admitting that he had an affair while his wife was pregnant. The shocking news pushed thousands of Lin's fans on Chinese social media as they condemned their idol's misconduct.
U.S Congress Panel Accuses China of Undue Interference in Hong Kong
| Girish Shetti | | Nov 17, 2016 10:21 PM EST |
A US congress panel has warned that China's interference in Hong Kong's affair is increasing at alarming pace, expressing fear that this may have an adverse impact on former British colony's status as an international financial hub.
China Blocks 'Kim Fatty the Third' Search Term After North Korea’s Request
| Girish Shetti | | Nov 17, 2016 09:45 PM EST |
The internet users across China have started reporting last week that the term “Kim Fatty the Third” elicited no response on Chinese Twitter version Weibo and popular search engine Baidu.
Volkswagen Says in Talks with Didi Chuxing, Wants to Focus on Electric Car Market
| Girish Shetti | | Nov 17, 2016 07:58 PM EST |
The German automaker Volkswagen AG on Thursday made two big announcements about its future plan for China's auto market. The auto giant announced that it is likely to tie up with Didi Chuxing to form a high-end ride-hailing service and will focus more on sales of electric and hybrid vehicles.
China Denies Visa to Indian Badminton Manager from Arunachal Pradesh: Report
| Girish Shetti | | Nov 17, 2016 05:54 AM EST |
Bamang Tago, manager of the Indian badminton contingent, was recently denied visa on the ground of Arunachal Pradesh domicile, according to reports from Indian media. Tago was supposed to lead a 14-member Indian contingent team to Fuzhou for the ongoing Thaihot China Open badminton tournament.
Third World Internet Conference Kick-Off in China Amid Concern Over Censorship
| Girish Shetti | | Nov 16, 2016 11:21 AM EST |
The third World Internet Conference started in the eastern Chinese city of Wuzhen on Wednesday amid a global outcry over China's growing internet censorship. The three-day summit will bring together top executives from global tech companies to discuss the future of the digital world and its impact on human lives.
To Balance China, India will Dispatch Defense Minister to Bangladesh: Report
| Girish Shetti | | Nov 16, 2016 05:52 AM EST |
As China expands its defense cooperation with Bangladesh, India is all set to dispatch its Defense Minister Manohar Parrikar to Dhaka in coming weeks in a bid to balance China's influence in the region.
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